NEW YORK, April 30, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including Aerohive Networks Inc. (NYSE: HIVE), Alaska Communications Systems Group Inc. (NASDAQ: ALSK), Travelzoo Inc. (NASDAQ: TZOO), Intelsat S.A. (NYSE: I), and Xunlei Limited (NASDAQ: XNET). 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):
HIVE Research Report: ( http://get.analystsreview.com/pdf/?c=Aerohive%20Networks&d=30-Apr-2015&s=HIVE ),
ALSK Research Report: ( http://get.analystsreview.com/pdf/?c=Alaska%20Communications%20Systems&d=30-Apr-2015&s=ALSK ),
TZOO Research Report: (http://get.analystsreview.com/pdf/?c=Travelzoo%20Inc.&d=30-Apr-2015&s=TZOO ),
I Research Report: ( http://get.analystsreview.com/pdf/?c=Intelsat%20S.A.&d=30-Apr-2015&s=I ),
XNET Research Report: ( http://get.analystsreview.com/pdf/?c=Xunlei%20Limited&d=30-Apr-2015&s=XNET ),
Analyst Update: Strategic Partnerships, Upcoming Earnings, Divestitures and Survey Results
Reviewed by: Rohit Tuli, CFA®
U.S. stocks fell on Wednesday as disappointing US economic data weighed on investor sentiment. The NASDAQ Composite slipped 0.63% to 5,023.64, the Dow Jones Industrial Average lost 0.41%, to close at 18,035.53, and the S&P 500 ended the session at 2,106.85, down 0.37%. European stocks stumbled on Wednesday caused by a sharp surge in the value of the euro against US dollar. Germany's DAX 30 witnessed the biggest point decline since October 2008, down 378.94 points, or 3.21%. Also, France's CAC 40, and London's FTSE 100 dropped 2.6% and 1.2%, respectively on Wednesday. Meanwhile, Asian markets mostly closed lower on Wednesday. Australia's S&P ASX and Hong Kong's Hang Seng index both slipped on Wednesday, while the Shanghai Composite Index saw modest gains. The Nikkei was closed on Wednesday due to the annual Showa Day holiday.
Aerohive Networks, Inc. (Aerohive), on April 27, 2015, announced its agreement with Dell to resell Aerohive's cloud-managed Wi-Fi and Mobility Solutions. According to the announcement, Dell will resell the Company's solutions worldwide, offering Dell's customers the powerful combination of Aerohive's Wi-Fi and cloud services.
In a news dated April 17, 2015, Alaska Communications Systems Group, Inc. (Alaska) will release financial results for the first quarter 2015 after market close on Thursday, May 7, 2015. The Company will also host a conference call and live webcast to discuss the results the next day on May 8, 2015, at 1:00 p.m. EDT.
Travelzoo Inc. (Travelzoo) released the results of a survey which it conducted on April 14, 2015. According to the Company, the survey reveals that 33% of Americans plan to spend this year's tax refund on a vacation, followed by 32% of respondents planning to invest in their retirement schemes and 31% of the survey takers wanting to reduce their outstanding debt.
Intelsat S.A. (Intelsat), in a press release dated April 16, 2015, announced that it will hold a conference call and webcast on Thursday, April 30, 2015 at 11:00 a.m. EDT, to discuss 2015 first quarter financial results.
Xunlei Limited (Xunlei) announced that it has entered into an agreement with Beijing Nesound International Media Corp. (Nesound) to sell the Company's entire stake in its online video streaming platform, Xunlei Kankan. The Company intends to sell Xunlei Kankan for a consideration of CNY 130 million.
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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.
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