NEW YORK, January 15, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Unilever PLC (NYSE: UL), Unilever NV (NYSE: UN), U.S. Steel (NYSE: X), Valhi (NYSE: VHI), and Valspar (NYSE: VAL). 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):
UL Research Report: ( http://get.analystsreview.com/pdf/?c=Unilever%20PLC&d=15-Jan-2015&s=UL ),
UN Research Report: ( http://get.analystsreview.com/pdf/?c=Unilever%20NV&d=15-Jan-2015&s=UN ),
X Research Report: ( http://get.analystsreview.com/pdf/?c=U.S.%20Steel&d=15-Jan-2015&s=X ),
VHI Research Report: ( http://get.analystsreview.com/pdf/?c=Valhi&d=15-Jan-2015&s=VHI ),
VAL Research Report: ( http://get.analystsreview.com/pdf/?c=Valspar&d=15-Jan-2015&s=VAL ).
Analyst Update: Upcoming Events, Quarterly Earnings, Acquisition, and Appointments
Reviewed by: Rohit Tuli, CFA®
The U.S. market sell-off showed no signs of easing on Wednesday, extending losses for fourth straight day as investors shunned risky assets and fled to safe havens amid deepening concerns over the global economic growth. The equity markets mirrored continued slump in commodities prices on Wednesday, led by the biggest plunge in Copper since 2011, after the World Bank cut its economic growth forecasts for this year and next. The Dow Jones Industrial Average ended the session 1.06% lower at 17,427.09, the S&P 500 lost 0.58% to close at 2,011.27, and the Nasdaq Composite dropped 0.48% to 4,639.32. Beaten-down commodity prices also weighed upon European markets on Wednesday. In Europe, energy and mining stocks led the decline following the prices of copper and oil. Meanwhile, Asian equities also ended lower as investors stayed on the sidelines amid deepening commodities rout and renewed concerns over world economic growth.
Unilever PLC (Unilever) is set to announce its Q4 2014 financial results on January 20, 2015, before market hours. As per analysts polled by the Wall Street Journal, the consensus EPS estimate for Q4 2014 stands at $0.52.
Unilever NV (Unilever) announced the acquisition of Camay brand globally and the Zest brand outside of North America and the Caribbean from The Procter & Gamble Company (P&G). Both the companies did not reveal the financial details of the transaction, which is expected to close during the H1 2015, subject to necessary regulatory approvals.
United States Steel Corporation (U.S. Steel) has appointed two new leaders at two of the Company's newly created commercial entities. Effective December 1, 2014, James E. Bruno joins the Company, as the Senior Vice President, Automotive Solutions while Sara A. Ulbrich-Greenstein is appointed as Senior Vice President, Consumer Solutions.
Valhi, Inc. (Valhi) returned to profit in third quarter of 2014, helped mainly by the Chemicals Segment. For the quarter, Valhi reported net income of $28.7 million, or $0.08 per diluted share, compared to a net loss of $34.2 million, or $0.10 per diluted share, in the third quarter of 2013.
The Valspar Corporation (Valspar) has appointed Les H. Ireland as the Company's new Executive Vice President and President of its global Consumer Paint businesses. Mr. Ireland succeeds Howard C. Heckes who has been promoted to Executive Vice President and President of Valspar's global Coatings businesses.
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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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