
A Change in Tides: New Coverage on Facebook, ChemoCentryx, Quiksilver, Panhandle and Urstadt Biddle
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: Strategic Initiatives, Positive Study Results, Quarterly Earnings, and Dividends
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.
Facebook Inc. (Facebook) will no longer include results from Microsoft Corp's Bing search engine on its social networking website. Reuters reported that the move comes as Facebook launches its own search tool to allow users quickly find past information on Facebook. Find out more about the Facebook's plans after dumping Bing search results.
Shares in biopharmaceutical company ChemoCentryx, Inc. (ChemoCentryx) soared as much as 89.31% on Friday, December 11, after the Company announced that its experimental drug, CCX140, met its primary endpoint of reducing urinary protein in diabetic nephropathy. The stock ended the session higher by 24.72% at $5.60. Click on the report below to know more about the trial results.
California-based Quiksilver, Inc. reported fourth quarter fiscal 2014 loss from continuing operations that narrowed to $49.5 million, or $0.29 per diluted share, from $176.2 million, or $1.04 per diluted share, in the year-earlier period. Revenues of the Company continued to decline in the reporting quarter. Click on the report below to find out whether Quiksilver's performance misses or tops the market expectations.
Panhandle Oil and Gas Inc.'s (Panhandle) stock witnessed some rebound after two consecutive days of decline. The stock shrugged off continued sell-off in the troubled Energy sector index. Panhandle's Board of Directors approved a payment of the regular $0.04 per share quarterly dividend. This dividend remains unchanged from the previous quarterly dividend. Click on the report below to know about the Company's financial performance in last quarter.
The US-based real estate investment trust Urstadt Biddle Properties Inc (Urstadt Biddle) reported a decline in the fourth quarter fiscal 2014 diluted funds from operations ("FFO"). The Company's diluted FFO for the quarter was $8.0 million or $0.23 per share and $0.26 per Class A share, compared to $9.1 million or $0.26 per share and $0.29 per Class A share in year ago period. Click on the report below to view a comprehensive coverage of Urstadt Biddle's financial performance.
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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):
FB Research Report: ( http://get.realtimeequities.com/pdf/?c=Facebook&d=15-Dec-2014&s=FB ),
CCXI Research Report: ( http://get.realtimeequities.com/pdf/?c=ChemoCentryx&d=15-Dec-2014&s=CCXI ),
ZQK Research Report: ( http://get.realtimeequities.com/pdf/?c=Quicksilver&d=15-Dec-2014&s=ZQK ),
PHX Research Report: ( http://get.realtimeequities.com/pdf/?c=Panhandle%20Oil&d=15-Dec-2014&s=PHX ),
UBA Research Report: ( http://get.realtimeequities.com/pdf/?c=Urstadt%20Biddle&d=15-Dec-2014&s=UBA ).
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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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SOURCE: RealtimeEquities.com
SOURCE Realtime Equities
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