The Road Ahead - New Research on Itron, Ixia, Kaiser Aluminum, Kandi and Kewaunee
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 16, 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: Agreements, Quarterly Results and Subsidies
Reviewed by: Rohit Tuli, CFA®
The U.S. market on Monday ended the day in red as plummeting oil prices continued to dent investor confidence. The Dow Jones Industrial Average finished at 17,180.84, down 0.58%, the NASDAQ Composite closed at 4,605.16, down 1.04%, and S&P 500 finished the session 0.63% lower at 1,989.63. Investors remained on the edge ahead of U.S. Federal Reserve meeting scheduled on Wednesday, where it is expected to issue a statement which could signal that the Federal Reserve is close to raising interest rates. The Asian markets on December 15, 2014 ended on a negative note led by continued weakness in global oil prices. The European stock markets plunged with slumping oil prices, while Russian stocks and the ruble dropped with rising concerns about the Russian economy.
Itron, Inc. (Itron) signed a contract with a major Brazilian utility company, AES Eletropaulo, for its OpenWay® Riva™ for improved operations and reduced technical losses for smart grid project in the City of Barueri, São Paulo. Itron and AES Eletropaulo will provide adaptive communication technology, deploying a single network solution that incorporates radio frequency and power line carrier in the same device, through the smart grid project, "P&D AES Eletropaulo - Smart Grid".
Ixia (Ixia) entered an agreement with a leading distributor of IT products and services named SYNNEX Corporation to develop a two-tiered distribution model in the U.S. Consequently, Ixia's U.S.-based resellers will be able to utilize SYNNEX' knowledge of local markets and strong fulfillment competences and join Ixia's Channel Xcelerate™ partner program, which gives them access to Ixia solutions.
Kaiser Aluminum Corporation's (Kaiser Aluminum) Q3 2014 financial results reflected a decrease of 36.6% YoY in earnings per diluted share of $0.85. According to the Company, its third quarter results were impacted by the process refinement to improve quality attributes of KaiserSelect® Aerospace Plate resulting in higher internal scrap and remakes of plate and an unplanned downtime in aerospace sheet operations, which hampered production.
Kandi Technologies Group, Inc. (Kandi) declared the receipt of a national subsidy of approximately $31.8 million for Q2 2014 sales of 4,114 electric vehicles (EVs) by Kandi Electric Vehicles Group Co., Ltd. (a 50/50 joint venture between Kandi and Geely Automobile) from Chinese National Government.
Kewaunee Scientific Corporation's (Kewaunee) Q2 FY 2015 (period ended October 31, 2014) net earnings attributable to the Company increased 65.8% YoY to $1.2 million. Net earnings per diluted share attributable to stockholders were $0.45, as compared to $0.28 in Q2 FY 2014 aided by higher sales and lower manufacturing and operating costs.
--
Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the following links into your browser):
ITRI ResearchReport: ( http://get.realtimeequities.com/pdf/?c=Itron&d=16-Dec-2014&s=ITRI ),
XXIAResearchReport: ( http://get.realtimeequities.com/pdf/?c=Ixia&d=16-Dec-2014&s=XXIA ),
KALU Research Report: ( http://get.realtimeequities.com/pdf/?c=Kaiser%20Aluminum&d=16-Dec-2014&s=KALU ),
KNDI Research Report: ( http://get.realtimeequities.com/pdf/?c=Kandi%20Technologies&d=16-Dec-2014&s=KNDI ),
KEQU Research Report: ( http://get.realtimeequities.com/pdf/?c=Kewaunee%20Scientific&d=16-Dec-2014&s=KEQU ).
============
--
About Realtime Equities
Tired of missing trades? In a world where information travels at the speed of light, you can't afford to be out of touch. Get an actionable source of information. Find the best opportunities available in real-time. Don't waste time trying to chase the news, get ahead of it with Realtime Equities. We find information as it happens and send it out to our subscribers in our e-alerts. Our focus is to find companies positioned to see upward momentum, delivering alerts to your inbox as the event unfolds in realtime. Join us in our battle to beat the markets, you'll be happy you did.
We are proud to serve professional traders, financial advisors, hedge funds and experience individual investors including some of the top firms on wall-street today. For more information about our service offerings and subscriptions, please visit our website or reach out to our sales staff. Advanced subscription packages are available to qualifying institutional clients and accredited investors, please speak with your account manager to learn more about these custom opportunities.
If you enjoyed today's content, subscribe to our live updates here: ( http://get.realtimeequities.com/updates )
--
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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.realtimeequities.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE RealtimeEquities.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article