NEW YORK, January 13, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Skechers (NYSE: SKX), Sony (NYSE: SNE), Sysco (NYSE: SYY), TE Connectivity (NYSE: TEL), and Thor Industries (NYSE: THO). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
SKX Research Report: ( http://get.analystsreview.com/pdf/?c=Skechers&d=13-Jan-2015&s=SKX ),
SNE Research Report: ( http://get.analystsreview.com/pdf/?c=Sony&d=13-Jan-2015&s=SNE ),
SYY Research Report: ( http://get.analystsreview.com/pdf/?c=Sysco&d=13-Jan-2015&s=SYY ),
TEL Research Report: ( http://get.analystsreview.com/pdf/?c=TE%20Connectivity&d=13-Jan-2015&s=TEL ),
THO Research Report: ( http://get.analystsreview.com/pdf/?c=Thor%20Industries&d=13-Jan-2015&s=THO ).
Analyst Update: New Store, Agreement, Investment, Dividend and Results of Annual Meeting
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell for the second straight session on Monday, weighed down by the renewed sell-off in energy shares after oil prices touched fresh lows. Nervousness ahead of the fourth quarter 2014 corporate earnings season also kept investors on the sidelines. The S&P 500 index fell 0.81% to close at 2,028.26 and was down by around 3% from its 52-week high hit on December 29, 2014. The Dow Jones Industrial Average finished 0.54% lower at 17,640.84, and the Nasdaq Composite was down 0.84% at 4,664.71. Meanwhile, European markets ended higher on Monday as slumping oil prices lifted stocks of companies that benefit from lower fuel prices, such as airlines, which also helped offset the decline in energy shares. Asian markets were mostly lower on Monday, following a downbeat session on Wall Street on Friday.
Skechers USA Inc. (Skechers) - a company that develops and markets a diverse range of lifestyle footwear, reached a new milestone by opening its one thousandth SKECHERS retail store. The Company, through a press release issued on November 12, 2014, informed that its thousandth retail store is located in Mexico City.
Sony Corp. (Sony) concluded definitive agreements with Mitsui-Soko Holdings Co., Ltd, under which Sony will accept capital investments from Mitsui-Soko into the logistics business that Sony operates in Japan, Thailand, and Malaysia through its subsidiaries, thereby starting a joint venture.
Sysco Corporation (Sysco) has agreed to buy 50% stake in Pacific Star Foodservice, a leading foodservice distributor in Mexico whose majority equity shareholder is privately-owned Arancia, S.A. de C.V. This marks the Company's second investment in Latin America in 2014.
TE Connectivity Ltd.'s (TE Connectivity) Board of Directors approved a proposal to increase the Company's quarterly dividend by 13.8% QoQ to $0.33 per share for the next four quarters starting April 2015.
Thor Industries, Inc. (Thor Industries) reported results of voting at its annual meeting of shareholders held on December 9, 2014. At the meeting, 93.8% of the eligible votes were cast in person or by proxy for three proposals - election of three directors, the ratification of the Company's Independent Registered Public Accounting Firm and the advisory vote on executive compensation.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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