NEW YORK, April 28, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Inventure Foods, Inc. (NASDAQ: SNAK), Sysorex Global Holding Corp. (NASDAQ: SYRX), HNI Corporation (NYSE: HNI), NCR Corporation (NYSE: NCR), and ADTRAN, Inc. (NASDAQ: ADTN). Analysts Review provides a single unified platform for investors' to hear about what matters - 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:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
SNAK Research Report: ( http://get.analystsreview.com/pdf/?c=Inventure%20Foods&d=28-Apr-2015&s=SNAK ),
SYRX Research Report: ( http://get.analystsreview.com/pdf/?c=Sysorex%20Global%20Holding&d=28-Apr-2015&s=SYRX ),
HNI Research Report: ( http://get.analystsreview.com/pdf/?c=HNI%20Corporation&d=28-Apr-2015&s=HNI ),
NCR Research Report: ( http://get.analystsreview.com/pdf/?c=NCR%20Corporation&d=28-Apr-2015&s=NCR ),
ADTN Research Report: ( http://get.analystsreview.com/pdf/?c=ADTRAN&d=28-Apr-2015&s=ADTN ).
Analyst Update: Product Recalls, Financial Results, and Strategic Plans
Reviewed by: Rohit Tuli, CFA®
U.S. stocks closed lower on Monday as investors turned cautious ahead of the Fed meeting, which begins today. The NASDAQ Composite was down 0.63% to finish at 5,060.25, the S&P 500 slipped 0.41% to 2108.92, and the Dow Jones Industrial Average lost 0.23% to end the session at 18,037.97. European stocks gained on Monday as Greece considered reshuffling its debt negotiators. Germany's DAX 30 jumped 1.93%; France's CAC 40 rose 1.30%, and London's FTSE 100 advanced 0.47% on Monday. Meanwhile, Asian stock markets mostly gained on Monday amid surge in mining stocks in Australia and emanating news on possible reforms in China. The Shanghai Composite Index, Australia's S&P ASX and Hong Kong's Hang Seng index all closed higher on Monday.
On April 23, 2015, as per an article on Phoenix business journal, Inventure Foods has recalled certain varieties of its Fresh Frozen line of frozen vegetables, as well as select varieties of its Jamba "At Home" line of smoothie kits, marking the second recall in three months. The Company found Listeria monocytogenes in its Jefferson facility.
Sysorex Global stock was trading on unusually high volumes on April 23, 2015, exchanging 6.2 million shares as compared to 0.24 million the previous day. In the morning the Company announced that its Lilien Systems division has been selected as one of the 65 Prime Contract Holders under the Chief Information Officer - Commodities and Solutions (CIO-CS) contract by National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC).
HNI Corporation, posted its quarterly earnings results on April 22, 2015. The Company reported Non-GAAP EPS of $0.21 for the quarter, as compared to an EPS of $0.12 during the same quarter in the previous year. The Company had revenue of $523.50 million for the quarter, which had grown 15.8% on a year-over-year basis.
On April 22, 2015, the Wall Street Journal reported that NCR Corporation is looking at strategic options, although the sale of the entire company is unlikely. The U.S. company is looking at spinning off some of its assets as well as initiating a dividend or share buyback, the report said, citing people familiar with the matter.
On April 21, ADTRAN Inc. reported results for Q1 FY15. For the quarter, sales were $142.84 million compared to $147.00 million for Q1 FY14. Net income was $3.32 million compared to $9.61 million for the first quarter of 2014. Diluted EPS was $0.06 compared to $0.17 for Q1 FY14. Non-GAAP EPS was $0.10 compared to $0.21 for Q1 FY14.
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
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 Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review