A Forward Look, The Year Ahead - Research Report on Research In Motion Ltd., Apple Inc., Caesars Entertainment Corp, Penn National Gaming, Inc. and CIGNA Corporation
NEW YORK, March 14, 2013 /PRNewswire/ --
Today, National Traders Association announced new research reports highlighting Research In Motion Ltd. (NASDAQ: BBRY), Apple Inc. (NASDAQ: AAPL), Caesars Entertainment Corp (NASDAQ: CZR), Penn National Gaming, Inc. (NASDAQ: PENN) and CIGNA Corporation (NYSE: CI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Research In Motion Ltd. Research Report
BlackBerry saw its stock prices surge at the wake of the announcement of the new OS BlackBerry 10 along with two new smartphones, which is believed to be at par with today's top selling mobile phones. The new platform boasts the ability to access personal and work accounts separately in one device, a feature which is not present in today's top mobile phones. The company released one of two phones, the Z10, in Canada and the UK this week. It claims sales were better than expected, with CEO Thorsten Heins saying the launch day was "50 percent better" than any launch day in Canada, and sales in the UK was close to "three times their best performance" of any BlackBerry smartphone. The phone will be available in the US in March, as carriers are still testing the devices before it is allowed to be put on sale. Several analysts upgraded BlackBerry's stock with these projected sales, as well as its diminishing negative margins from its previous devices carrying its previous OS BlackBerry 7. Wells Fargo Securities, in particular, upgraded the company from "equal-weight" to "overweight," citing the improving gross margins. BlackBerry is known for its enterprise-friendly devices, which featured excellent security features and a messaging service that pioneered the social networking field - known as BBM - caters to both corporate employees who need access to office mails on the go, and younger users who like sharing messages, pictures, and other media using the device. The Full Research Report on Research In Motion Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/d9d1_BBRY]
Apple Inc. Research Report
Apple, on the other hand, saw its share price rise a few dollars up after its downtrend early this year in the wake of its Q4 earnings report. The surge is attributed by many factors, including an announcement to increase dividends and stock buyback funds, as well as the news of the iPhone still being the top smartphone manufacturer in the US. But what fueled the resurgence is a rumor that Apple is developing an iOS-powered wearable watch. There aren't many details on the device itself, but most of the attention has been placed on one of the company's suppliers, whose breakthrough technology would enable Apple's efforts. Corning, the developer of the widely-used Gorilla Glass used in Apple's iPhones, has developed an extremely flexible version of the thin-yet-damage-proof glass, Willow Glass. A report from New York Times said the product can help Apple stand out from the competition with its understanding of how the glass can "curve around the human body." The Full Research Report on Apple Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/10ae_AAPL]
Caesars Entertainment Corp Research Report
Caesar's shares jumped 12 percent earlier this week, after the company announced a $1.5 million debt offering and a spin-off called Caesars Growth Venture Partners, which will be owning Planet Hollywood, the company's online assets, and a new project in Baltimore. But the price rose close to 18 percent today after New Jersey Governor Chris Christie announced a 10-year trial period of online betting - after vetoing against it in 2011 - to see if it would help the struggling casinos in Atlantic City return to profitability. Caesars stock now trades at $10.07 shortly after the announcement. This comes after New Jersey was beaten by Pennsylvania as the second-largest gambling market behind Nevada. Casinos in Atlantic City fell 8 percent in 2012, while Pennsylvania casinos had 4.4 percent growth in revenue, enough to beat New Jersey. The move is an attempt of the state to become a sort of "Silicon Valley of Internet gambling." The Full Research Report on Caesars Entertainment Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/5a03_CZR]
Penn National Gaming, Inc. Research Report
Penn National hit a 52-week even after Q4 earnings did not meet expectations. Earnings were down at $20.2 million from $44 million a year before, with the company citing increased economic volatility and slow recovery of two casinos. The economy may be improving and spending may be up, but the results show decreased consumer confidence. However, the company has expanding profit margins, reasonable debt levels, and good return on equity. In addition, a planned spinoff of its real-estate assets as a real estate investment trust - which could help avoid federal income taxes - was instrumental in the slight stock price boost. The Street rates Penn National as a "buy," saying the strengths more than outweigh the negatives.. The Full Research Penn National Gaming, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/f5a0_PENN]
CIGNA Corporation Research Report
Cigna in particular had an increase of 49 percent in net income for Q4 thanks to its $3.8 billion acquisition of HealthSpring in 2011, which allowed it to raise its fees and premiums by as much as 48 percent to $6.8 billion. Net income came in at $406 million or $1.41 per share, up from $273 million or 98 cents per share year-over-year. The deal also helped Cigna increase its stake in the rapidly-growing market for Medicare Advantage plans, the privately-run versions of the government's Medicare insurance program for the elderly and disabled. The company also arranged a deal with Warren Buffet's Berkshire Hathaway, a reinsurance agreement for the variable-annuity death-benefits business Cigna had been trying to exit. The company is optimistic moving forward, despite additional provisions in Obamacare, including one that prevents insurers from charging higher rates of people with pre-existing medical conditions, and another that limits the profit carriers can take out of Medicare plans. Net income and per share earnings is expected to continue rising as analysts still see value in the company's ability to rein in healthcare costs.. The Full Research Report on CIGNA Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/c5a4_CL]
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