Where Opportunity is Found: Free Research on Silgan Holdings, SodaStream, Stanley Furniture, Summer Infant and Tecnoglass
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.
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Analyst Update: Earnings Releases, Appointments and Agreements
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.
Silgan Holdings Inc. (Silgan Holdings) announced its third quarter 2014 results with record income of $1.31 per share, up 8.3% YoY. Net sales for the quarter stood at $1.2 billion, an increase of 5.2% YoY, while net income came in at $83.3 million versus $77.2 million in Q3 2013.
SodaStream International Ltd. (SodaStream) reported its third-quarter fiscal 2014 results with a strong double digit growth in its Asia-Pacific revenues, however challenging selling conditions for soda makers and flavors primarily in the U.S resulted in sharp decline in the region's net sales. Net sales for the quarter came in at $125.9 million, down 12.9% YoY.
Stanley Furniture Company, Inc. (Stanley Furniture) elected John D. "Ian" Lapey to its Board of Directors, effective October 24, 2014. Lapey, a private investor and most recently a Partner with Third Avenue Management, holds more than 15 years of experience in equity markets.
Summer Infant, Inc. (Summer Infant) has signed a co-branding agreement with Little Me to expand its SwaddleMe Brand Presence. Under the agreement, Summer Infant's popular SwaddleMe baby wraps will be prepared with Little Me fashions on soft cotton and muslin fabrics and then will be co-branded for sale by high-end and specialty retailers.
Tecnoglass Inc. (Tecnoglass) reported 17.5% YoY growth in its operating revenues for third quarter fiscal 2014 and noted a 252.5% YoY increase in its net income. Operating revenue for the quarter came in at $53.5 million while net income stood at $11.3 million.
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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):
SLGN Research Report: ( http://get.realtimeequities.com/pdf/?c=Silgan%20Holdings&d=15-Dec-2014&s=SLGN ),
SODA Research Report: ( http://get.realtimeequities.com/pdf/?c=SodaStream&d=15-Dec-2014&s=SODA ),
STLY Research Report: ( http://get.realtimeequities.com/pdf/?c=Stanley%20Furniture&d=15-Dec-2014&s=STLY ),
SUMR Research Report: ( http://get.realtimeequities.com/pdf/?c=Summer%20Infant&d=15-Dec-2014&s=SUMR ),
TGLS Research Report: ( http://get.realtimeequities.com/pdf/?c=Tecnoglass&d=15-Dec-2014&s=TGLS ).
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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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.realtimeequities.com/editors
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SOURCE Realtime Equities
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