|By PR Newswire||
|April 4, 2014 08:01 AM EDT||
NEW YORK, April 4, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Newmont Mining Corporation (NYSE: NEM), The Bank of New York Mellon Corporation (NYSE: BK), Tyson Foods, Inc. (NYSE: TSN), Covidien plc (NYSE: COV), and Questcor Pharmaceuticals Inc. (NASDAQ: QCOR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Newmont Mining Corporation Analyst Notes
On April 1, 2014, Newmont Mining Corporation (Newmont) announced the closing of its previously announced five-year, amortizing term loan of $575 million which will be used to repay the debt maturing in July 2014. The Company also renewed its $3.0 billion corporate revolving credit facility, extending the maturity date two years to March 31, 2019. Commenting on the development, Laurie Brlas, Executive Vice President and CFO, said, "The term loan allows us to repay the 2014 maturities and provides the flexibility to reduce debt over the coming years. Extending the maturity of our revolving credit facility ultimately enhances our corporate liquidity profile." Both bank facilities are unsecured and include a single financial covenant requiring a net-debt-to-capitalization ratio below 0.63. As of December 31, 2013, the Company's leverage ratio, as defined, was 0.29. The full analyst notes on Newmont Mining Corporation are available to download free of charge at:
The Bank of New York Mellon Corporation Analyst Notes
On April 1, 2014, The Bank of New York Mellon Corporation (BNY Mellon) announced that it will release its Q1 2014 financial results on April 22, 2014 at 6:30 a.m. EDT. Gerald L. Hassell, Chairman and CEO, and Thomas P. Gibbons, Vice Chairman and CFO, along with other members of executive management from BNY Mellon will also host a conference call to discuss the financial performance at 8:00 a.m. EDT on the same day. The stock closed at $35.41, up 0.34% from its previous day's close. The Company had recently announced that the U.S. Federal Reserve has approved its 2014 capital plan, paving way for repurchase of up to $1.74 billion of its common stock and 13% increase in quarterly common stock dividend. While the share repurchase proposal has already received BNY Mellon Board's approval, the dividend increase is expected to be considered at a meeting in April 2014. The full analyst notes on The Bank of New York Mellon Corporation are available to download free of charge at:
Tyson Foods, Inc. Analyst Notes
On March 28, 2014, Tyson Foods, Inc. (Tyson) announced that the Forbes Magazine has named the Company as one of the 2014 "America's 100 Most Trustworthy Companies." The recognition comes soon after the Company was honored by the Fortune Magazine among "America's Most Admired Companies" in February 2014. "Recognition of this sort is always appreciated. It reflects well on the thousands of Tyson Foods team members who make up our company," said Sara Lilygren, Executive Vice President of Corporate Affairs for Tyson Foods. The full analyst notes on Tyson Foods, Inc. are available to download free of charge at:
Covidien plc Analyst Notes
On March 28, 2014, Covidien plc (Covidien) announced that it is teaming up with AORN Foundation for an initiative which will provide nursing professionals with a core set of financial and management tools to complement their clinical expertise. The initiative will comprise five day-long seminars focusing on leadership development and financial concepts necessary for managing the overall performance of perioperative services. "Nurses are on the frontlines of care, and increasingly find themselves at the intersection of improving patient outcomes in a lower cost environment," said Matt Gattuso, President of health systems at Covidien and an AORN Foundation board member. The full analyst notes on Covidien plc are available to download free of charge at:
Questcor Pharmaceuticals Inc. Analyst Notes
On April 1, 2014, the stock of Questcor Pharmaceuticals Inc. (Questcor) closed at its highest level in over a month at $69.47, representing a gain of 6.99% from previous day's close. The stock opened the session at $65.50, and traded in the range of $65.12 - $69.70, with a total of 2.56 million shares changing hands. The rise was in line with the NASDAQ Biotechnology Index which ended the session higher by 2.13% at 2,521.47. Questcor's stock has gained 14.35% in last one month, outperforming the NASDAQ Biotechnology Index (ETF) which lost 8.8% during the same period. Questcor is a biopharmaceutical company focused on the treatment of patients with serious, difficult-to-treat autoimmune and inflammatory disorders. The full analyst notes on Questcor Pharmaceuticals Inc. are available to download free of charge at:
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