Merger Agreements, Earnings Schedule, Inclusion in Indices, Organizational
Changes, and Quarterly Dividends - Research Report on Edgen, CSX, URS, HD
Supply, and Tyco
NEW YORK, October 4, 2013
NEW YORK, October 4, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Edgen
Group Inc. (NYSE: EDG), CSX Corporation (NYSE: CSX), URS Corporation (NYSE:
URS), HD Supply Holdings, Inc. (NASDAQ: HDS), and Tyco International Ltd.
(NYSE: TYC). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
Edgen Group Inc. Research Report
On October 1, 2013, Edgen Group Inc. (Edgen) announced that it has signed a
definitive merger agreement with Sumitomo. Under the agreement, Sumitomo will
acquire all outstanding shares of Edgen for $12.00 per share in cash. The
Companies expect the acquisition, which is subject to customary closing
conditions and regulatory approvals, to close before the end of 2013.
Commenting on the merger agreement, President and CEO of Edgen, Kazuhiro
Takeuchi said, "The opportunity to align the Edgen Group strategy with the
Sumitomo organization will benefit both businesses. The Edgen Murray and
Bourland & Leverich commercial brands are well established and can now bring
even greater scale to serve customers throughout global energy end-markets.
Our focus on highly engineered and mission critical steel products and our
extensive industry knowledge and expertise in increasingly complex
applications used in oil and gas drilling, extraction, production and
processing complement Sumitomo's existing business." The Full Research Report
on Edgen Group Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
CSX Corporation Research Report
On September 18, 2013, CSX Corporation (CSX) announced that it will report its
Q3 2013 financial and operating results on October 15, 2013, after the market
closes. The Company informed that it will also host an earnings conference
call on the following day, October 16, 2013 at 8:30 a.m. ET via teleconference
and a live audio webcast. CSX stated that the presentation materials and audio
webcast will be available on the Company's website. The Full Research Report
on CSX Corporation - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
URS Corporation Research Report
On October 1, 2013, URS Corporation (URS) announced that W.J. Lingard, the
Company's Chief Operating Officer (COO) has been has been named to the
additional position of President, with immediate effect. URS stated that
Lingard will continue to report to Martin M. Koffel, Chairman and CEO of the
Company. URS informed that each of the Company's four divisions - Federal
Services, Infrastructure & Environment, Energy & Construction, and Oil & Gas -
will now directly report to Lingard. The Company also announced that George
Nash, the current COO of the Company's Energy & Construction division, will
become the President of the division with effect from January 1, 2014. Mr.
Nash will be succeeding Robert Zaist, who will become Vice President of
Corporate Initiatives at URS. The Full Research Report on URS Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
HD Supply Holdings, Inc. Research Report
On September 30, 2013, HD Supply Holdings, Inc. (HD Supply) announced that it
will join the broad-market Russell 1000, Russell 3000, and Russell Global
Indexes, after the US markets close on the day of the announcement. The
Company informed that its addition is part of the annual reconstitution by
Russell Investments of its comprehensive set of US and global equity indexes.
The Full Research Report on HD Supply Holdings, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/d56d_HDS]
Tyco International Ltd. Research Report
On September 12, 2013, Tyco International Ltd. (Tyco) announced that its Board
of Directors has declared a quarterly dividend of $0.16 per share. The Company
stated that the dividend is payable on November 14, 2013, to shareholders of
record at the close of business on October 25, 2013. The Full Research Report
on Tyco International Ltd. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
1.This is not company news. We are an independent source and our views do
not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we
are only human and are prone to make mistakes. If you notice any errors or
omissions, please notify us below.
3.This information is submitted as a net-positive to companies mentioned, to
increase awareness for mentioned companies to our subscriber base and the
4.If you wish to have your company covered in more detail by our team, or
wish to learn more about our services, please contact us at
5.For any urgent concerns or inquiries, please contact us at
6.Are you a public company? Would you like to see similar coverage on your
company? Send us a full investors' package to
research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider represented by Namrata Maheshwari,
CFA, has only reviewed the information provided by Equity News Network in this
article or report according to the Procedures outlined by Equity News Network.
Equity News Network is not entitled to veto or interfere in the application of
such procedures by the outsourced provider to the articles, documents or
reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
SOURCE Analysts' Corner
Contact: CONTACT PERSON: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North
Press spacebar to pause and continue. Press esc to stop.