New Repurchase Programs, Appointments, Excellence Awards, and Broadened Market Reach with Brand Expansions and Acquisitions - Research Report on UPS, Hertz, C.H. Robinson, Ryder, and Aaron's

Mon Sep 9, 2013 8:01am EDT

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New Repurchase Programs, Appointments, Excellence Awards, and Broadened Market Reach with Brand Expansions and Acquisitions - Research Report on UPS, Hertz, C.H. Robinson, Ryder, and Aaron's

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NEW YORK, September 9, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting United Parcel Service, Inc. (NYSE: UPS), Hertz Global Holdings, Inc. (NYSE: HTZ), C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), Ryder System, Inc. (NYSE: R), and Aaron's, Inc. (NYSE: AAN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

United Parcel Service, Inc. Research Report  

On September 4, 2013, United Parcel Service Inc. (UPS) announced its plan to purchase assets and operations of two Costa Rican based companies, Union Pak de Costa Rica, S.A and SEISA Brokerage. According to the Company, the recent purchases will enable UPS to enhance the connectivity of Costa Rica's expanding economy to regional and world markets through the UPS network. Romaine Seguin, President at UPS Americas region, commented, "With the ownership of these operations in Costa Rica, UPS can provide customers the full suite of logistics services and global trade expertise. UPS continually invests in its global network and these additions illustrate the company's increasing commitment to serving the needs of customers in Costa Rica, and throughout Latin America." The Company expects the completion of these transactions to occur in Q4 2013, subject to customary closing conditions. The Full Research Report on United Parcel Service, 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/500b_UPS]

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Hertz Global Holdings, Inc. Research Report  

On August 30, 2013, Hertz Global Holdings, Inc. (Hertz) announced that it is expanding its Firefly brand, its deep value brand for price conscious leisure travelers, into the U.S. According to the Company, this brand will be introduced at different locations in the U.S. throughout 2013, with the first location in Orlando, which will officially start serving customers on September 15, 2013 followed by San Francisco, Las Vegas, and Los Angeles. The Company intends to have approximately 20 Firefly locations by the end of 2013. Hertz stated that Firefly will enable the company to re-enter the deep value, leisure car rental market in the U.S and help the Company to generate incremental fleet sharing, systems, and operational synergies among its four brands, including Hertz, Dollar, and Thrifty. The Full Research Report on Hertz Global 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/d861_HTZ]

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C.H. Robinson Worldwide Inc. Research Report

On August 26, 2013, C.H. Robinson Worldwide, Inc. (C.H. Robinson) announced that its Board of Directors has made amendments in its share repurchase program, in pursuant to which it has increased the number of shares authorized to be repurchased by 15 million shares. According to the Company, approximately 8.7 million shares are left from the previous authorization that increases the total current number of share authorized for future repurchase to 23.7 million units. The Company stated that it has also entered into a $500 million Accelerated Share Repurchase (ASR) program with two banks, JPMorgan Chase Bank, National Association, and Morgan Stanley & Co. LLC, to receive an initial delivery of 6,118,882 shares. John Wiehoff, CEO and Chairman of the Board of C.H. Robinson, said, "Our execution of these transactions reflects our strong financial foundation and our commitment to building long term shareholder value. As we discussed during our recent quarterly earnings release, while shorter term earnings growth will remain challenging, we are confident in our long term strategy and ability to execute." The Full Research Report on C.H. Robinson Worldwide 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/0bef_CHRW]

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Ryder System, Inc. Research Report

On September 3, 2013, Ryder System Inc. (Ryder) announced that it has been selected as a winner of the Inbound Logistics annual Top 30 3PL Excellence Awards. Ryder informed that, the Company has secured the second place on the publication's list for the 16th consecutive year. John Williford, President of Global Supply Chain Solutions for Ryder, said, "Ryder has earned its reputation as a logistics industry leader because we know that for our customers, execution is everything, We are trusted to operate behind the scenes of some of the best run supply chains in the world because of experienced people, deep industry expertise, and lean operating processes." The Full Research Report on Ryder System, 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/4e10_R]

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Aaron's, Inc. Research Report

On August 26, 2013, Aaron's Inc. (Aaron's) announced that Chad Strickland, Vice President of Associate Resources, has been elected to the Warrick Dunn Charities Board of Directors. Ronald W. Allen, Aaron's Chairman, President and CEO, commented, "We're proud of Chad's appointment to the Warrick Dunn Charities Board of Directors and consider this a reflection of our deep commitment to this organization and its mission to help single parents achieve financial independence and stability through home ownership." According to the Company, Strickland has served a variety of roles during his career at Aaron's from Senior Legal Counsel in Employment to the Vice President of Employee Relations, and prior to joining Aaron's, he worked with Celotex Corporation from 1998-2000 and the law firm of Masterman, Culbert & Tully from 2000-2002. The Full Research Report on Aaron's, 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/71a8_AAN]

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