Equities Lead Investor Sentiment -- Revolution Lighting Technologies, Rock Creek Pharmaceuticals, Schnitzer Steel, Select Comfort and Sigma-Aldrich
Editor Note: For more information about this release, please scroll to bottom
NEW YORK, December 15, 2014 /PRNewswire/ --
Moments ago, Realtime Equities released new analyst updates concerning several important developing situations. Realtime Equities is the leader in realtime news, commentary and analysis - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis, please visit the links at the bottom.
Analyst Update: Quarterly Results, Share Offering and Upcoming Events
Reviewed by: Rohit Tuli, CFA®
The U.S. markets on Friday plummeted as the price of crude oil continued its decline and dipped to $57.81 per barrel from $107.95 per barrel as on June 20, 2014. The Dow Jones Industrial Average finished at 17,280.83, down 1.79%, the NASDAQ Composite closed at 4,653.60, down 1.16% and the S&P 500 ended 1.62% lower at 2,002.33. The market was further hit as the International Energy Agency slashed its oil production growth forecast by 230,000 barrels per day. The Asian stock markets ended on a mixed note after two contrasting pieces of economic data surfaced from China. China's industrial output for the month of November 2014 increased by a less-than-expected 7.2% YoY, but retail sales rose 11.7%, beating forecasts. China's fixed-asset investment increased 15.8% in the first 11 months of the year, in line with expectations. The European markets ended the day in red, led by gloomy global crude demand and a weak Chinese economic data.
Revolution Lighting Technologies, Inc. (Revolution Lighting Technologies) has priced 8 million shares of its common stock at a price of $1.25 per share. The Company reported strong third-quarter fiscal 2014 results. During the quarter, revenue witnessed a triple digit increase while net loss trimmed to $1.4 million versus $3.1 million in Q3 2013.
Revolution Lighting Technologies, Inc. (Rock Creek Pharmaceuticals) to present at the Biotech Showcase 2015 in San Francisco, California on January 12-14, 2015. Michael Mullan, MBBS, PhD, Chairman and CEO, will represent the Company and will present preclinical and clinical data for anatabine citrate.
Schnitzer Steel Industries, Inc. (Schnitzer Steel) reported operating income of $16 million in fourth-quarter fiscal 2014 versus operating loss of $348 million in the corresponding prior year period. Metals recycling and Steel Manufacturing Businesses generated substantially higher profitability. Revenue increased 5.3% YoY to $692 million.
Select Comfort Corporation (Select Comfort) reported record net sales with double digit growth in both topline and EPS in its third quarter fiscal 2014 results. Net sales increased 22.6% YoY to $323.4 million. The Company has updated its guidance for full-year FY 2014 and expects diluted EPS to be $1.12, compared with its prior guidance of $1.07.
BioReliance, Sigma-Aldrich Corporation's (Sigma-Aldrich) biologics and early-development services business under the Company's business unit SAFC® Commercial, stated that its genetic toxicology assay portfolio is in accordance with newly ratified universal Organization for Economic Cooperation and Development (OECD) Guidelines.
Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
RVLT ResearchReport: ( http://get.realtimeequities.com/pdf/?c=Revolution%20Lighting&d=15-Dec-2014&s=RVLT ),
RCPI ResearchReport: ( http://get.realtimeequities.com/pdf/?c=Rock%20Creek%20Pharmaceuticals&d=15-Dec-2014&s=RCPI ),
SCHNResearch Report: ( http://get.realtimeequities.com/pdf/?c=Schnitzer%20Steel&d=15-Dec-2014&s=SCHN ),
SCSSResearch Report: ( http://get.realtimeequities.com/pdf/?c=Select%20Comfort&d=15-Dec-2014&s=SCSS ),
SIALResearch Report: ( http://get.realtimeequities.com/pdf/?c=Sigma-Aldrich&d=15-Dec-2014&s=SIAL ).
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EditorNote: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
ComplianceProcedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Realtime Equities, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Realtime Equities in this article or report according to the procedures outlined by Realtime Equities. Realtime Equities 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.
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