Just Released: New Research on iRobot, Jinpan International, Lawson Products, Littelfuse and LoJack
NEW YORK, December 11, 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 below.
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):
IRBT Research Report: ( http://get.realtimeequities.com/pdf/?c=iRobot&d=10-Dec-2014&s=IRBT ),
JST Research Report: ( http://get.realtimeequities.com/pdf/?c=Jinpan%20International&d=10-Dec-2014&s=JST ),
LAWS Research Report: ( http://get.realtimeequities.com/pdf/?c=Lawson%20Products&d=10-Dec-2014&s=LAWS ),
LFUS Research Report: ( http://get.realtimeequities.com/pdf/?c=Littelfuse&d=10-Dec-2014&s=LFUS ),
LOJN Research Report: ( http://get.realtimeequities.com/pdf/?c=LoJack&d=10-Dec-2014&s=LOJN ).
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Analyst Update: Financial Results, Product Capabilities and Appointments
Reviewed by: Rohit Tuli, CFA®
The US stock market on Tuesday ended on a mixed note with a slight recovery in oil prices and a rally in tech stocks even as global economic concerns weighed on the market. The Dow Jones industrial average extended its losses from the previous day trading session and fell 0.29%, the S&P 500 edged 0.02% lower, while the NASDAQ composite advanced 0.54%. The European stocks plunged, following a sharp decline in Greece stock markets that suffered its biggest one-day loss since 1987. The Greece stock market ended the day in red, following an early presidential vote being announced by the government. The Asian Markets on December 9, 2014 plummeted after the Chinese government restricted investors from using low-grade corporate bonds as collateral for short-term financing. Besides this, a concern over the dropping oil prices, uncertainty about central-bank policy in Europe contributed to weakening of the Asian stock market.
iRobot Corporation (iRobot) reported better-than-expected results for Q3 FY 2014 as number of orders in both Home Robot and Defense & Security segment, that were originally expected in Q4 FY 2014, were received and delivered in the reported quarter.
Jinpan International Limited (Jinpan International) reported a 10.2% YoY decline in its net sales for Q3 2014 owing to economic uncertainty within the Chinese economy and decline in sales to OEM customers. The Company's quarterly sales declined to $61.8 million from $68.7 million in the year ago period, while net income fell 38.8% YoY to $4.3 million.
Lawson Products, Inc. (Lawson Products) reported strong net sales and average daily sales for Q3 2014 owing to the increased operational efficiencies and employee productivity.
Littelfuse, Inc. (Littelfuse) claims that its Ultra-Low Capacitance TVS diode array has the capability of delivering clamping performance and ESD protection superior to other solutions. .
LoJack Corporation (LoJack) has appointed Kenneth L. Dumas, CPA, as its CFO. Acting CFO, Casey Delaney, will continue as Company's Vice President and Controller. As per the Company, Ken brings in more than two decades of financial executive experience to the Company.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
Compliance Procedure: 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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