Updated Capital Allocation Plans, Intellectual Property Rights, Enhancing Shareholder Value, and Acquisitions - Analyst Notes on Goodyear, Crown, MWV, Canon and Snap-on

NEW YORK, June 11, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding The Goodyear Tire & Rubber Company (NASDAQ: GT), Crown Holdings, Inc. (NYSE: CCK), MeadWestvaco Corp. (NYSE: MWV), Canon Inc. (NYSE: CAJ) and Snap-on Incorporated (NYSE: SNA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3591-100free.

The Goodyear Tire & Rubber Company Analyst Notes

On May 29, 2014, The Goodyear Tire & Rubber Company (Goodyear) announced that it has updated its 2014-2016 capital allocation plan. According to the Company, because of its robust free cash flow in 2013, it will be reallocating as much as $1.1 billion in order to increase shareholder value by providing c.$650 million in returns to investors, strengthening the balance sheet and investing in high-return growth. Goodyear informed that in relation to this, it plans to build a new Consumer Tire Plant to serve its North American and Latin American consumer tire businesses and for this project an additional $300 million will be allocated to the Company's growth capital expenditures. The full analyst notes on Goodyear are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/GT/report.pdf

Crown Holdings, Inc. Analyst Notes

On June 6, 2014, Crown Holdings, Inc.'s (Crown) stock increased 1.56% to end trading at $50.24. Over the past 3 months of trading, Crown's stock jumped 11.99% compared to the Dow which gained 3.45% during that same period. The full analyst notes on Crown are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/CCK/report.pdf

MeadWestvaco Corp. Analyst Notes

On June 2, 2014, MeadWestvaco Corp. (MWV) released a statement informing that the Company encourages open communications with shareholders, values input toward common goal of enhancing shareholder value, and hence will consider Starboard's suggestions.
The statement also pointed out that it has undertaken the following actions to enhance its shareholder value: Divested more than $6 billion of non-core assets; Returned more than $4 billion directly to shareholders; and reduced costs and improved margins in its packaging and specialty chemicals businesses. MWV's concluded its statement as: "As a result of these actions undertaken by MWV's board and management team, the company has outperformed its industry peer set and the S&P 500 on a total shareholder return basis. Over the last five years, MWV has delivered 247.3% total shareholder return versus 132.6% for the S&P 500. Year-to-date returns have been 14.6% for MWV compared to 5.0% for the S&P 500. We continue to evaluate opportunities to create additional value for all of our shareholders, including executing on our margin improvement programs, and will continue to have an open and constructive dialogue to that end." The full analyst notes on MWV are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/MWV/report.pdf

Canon Inc. Analyst Notes

On May 29, 2014, Canon Inc. (Canon) reported that it has filed a patent infringement suit in France before the Paris First Instance Court against Zephyr SAS, which is trading as Green Eco, and the Hong-Kong and Chinese companies that both use the name Aster Graphics Company Limited. Canon stated that it filed the suit as the said companies have infringed Canon's European Patent (FR) number 2 087 407 by, inter alia, the importation, offer and sale of certain toner cartridges for use in various models of Hewlett-Packard laser beam printers. The Company stated that it is seeking injunctive relief and damages. The full analyst notes on Canon are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/CAJ/report.pdf

Snap-on Incorporated Analyst Notes

On May 30, 2014, Snap-on Incorporated (Snap-on) announced that it has successfully acquired Pro-Cut International, Inc. (Pro-Cut) - designer, manufacturer, and distributor of on-car brake lathes, related equipment and accessories used in brake servicing by automotive repair facilities, for c.$42 million in cash. The Company stated that, Pro-Cut, reported sales of c.$24 million in 2013. "Pro-Cut's advanced brake servicing product line enhances and increases Snap-on's offering of productivity solutions for vehicle repair facilities, including independent shops, national service chains and OEM dealerships," said Nick Pinchuk, Snap-on Chairman and CEO. "We believe Pro-Cut will be an important addition to our Repair Systems & Information Group and will help us move further along our coherent growth runway of expanding with repair shop owners and managers. We look forward to welcoming Pro-Cut associates to the Snap-on family." The full analyst notes on Snap-on are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/SNA/report.pdf

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