|By PR Newswire||
|December 23, 2013 08:01 AM EST||
NEW YORK, December 23, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting CVS Caremark Corporation (NYSE: CVS), Valassis Communications Inc. (NYSE: VCI), Lumber Liquidators Holdings, Inc. (NYSE: LL), Louisiana-Pacific Corp. (NYSE: LPX), and VisionChina Media Inc. (NASDAQ: VISN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
CVS Caremark Corporation Research Report
On December 10, 2013, CVS Caremark Corporation (CVS Caremark) reported that it has signed an agreement with Cardinal Health (Cardinal) to form the largest generic sourcing entity in the US. According to CVS Caremark, both the companies are contributing their sourcing and supply chain expertise to the aforesaid 50/50 joint venture and are committing to source generic drugs through it. Additionally, CVS Caremark informed about a three-year extension through June 2019 of Cardinal's existing pharmaceutical distribution agreements with CVS Caremark. The Company stated that the US-based joint venture is expected to be operational by July 1, 2014, and will have an initial term of 10 years. Larry J. Merlo, CVS Caremark's President and CEO, said, "This partnership will enable us to maintain our leadership role in navigating the dynamic US generics market. With its combined volume and capabilities, the joint venture will develop innovative purchasing strategies with generic manufacturers and enhance supply chain efficiencies." The Full Research Report on CVS Caremark Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Valassis Communications Inc. Research Report
On December 13, 2013, Valassis Communications Inc. (Valassis) announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per common share of the Company's common stock. Valassis reported that the dividend is payable on January 15, 2014 to Valassis' stockholders of record at the close of business on December 31, 2013. The Full Research Report on Valassis Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Lumber Liquidators Holdings, Inc. Research Report
On December 9, 2013, Lumber Liquidators Holdings, Inc. (Lumber Liquidators) announced its revised full-year 2013 outlook and an initial full-year 2014 outlook. According to the Company, for full-year 2013, Lumber Liquidators expects net sales to be in the range of $994 million to $1.0 billion, up from a previous range of $985 million to $995 million. Lumber Liquidators also expects full-year 2013 diluted EPS to be in the range of c.$2.72 to $2.75, up from a previous range of $2.65 to $2.74. Meanwhile, for full-year 2014, the Company expects net sales to range between $1.15 billion to $1.20 billion, and diluted EPS to be in the range of c.$3.25 to $3.60. During full-year 2014, the Company also expects to open 30 to 40 new store locations and remodel a total of 25 to 35 existing store in all expanded showroom format. Lumber Liquidators added that it intends to report its Q4 2013, full-year 2013 results, as well as full-guidance for full-year 2014, in February 2014. The Full Research Report on Lumber Liquidators Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Louisiana-Pacific Corp. Research Report
On December 5, 2013, Louisiana-Pacific Corp. (LP) and Casella Waste Systems, Inc. together announced that they have sold their membership interests in US GreenFiber, LLC to a limited liability company formed by Tenex Capital Management. According to LP, the total cash consideration of the sale was $18.0 million, and it expects an aggregate net cash proceeds of c.$7 million, after the working capital true-up and the repayment of indebtedness and other transaction expenses. The Full Research Report on Louisiana-Pacific Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
VisionChina Media Inc. Research Report
On December 9, 2013, VisionChina Media Inc. (VisionChina Media) announced that it has obtained shareholder approval for all matters submitted for approval at the Company's 2013 annual general meeting held in Hong Kong on the date of reporting. VisionChina Media reported that its shareholders have approved the ratification of the appointment of Deloitte Touche Tohmatsu as the Company's independent auditor for the year ending December 31, 2013. The Company stated that all materials related to the annual general meeting are accessible through VisionChina Media's website. The Full Research Report on VisionChina Media Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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