Appointments, Upcoming Investors Conferences, Financial Results, Index Launches and Mortgage Survey Results - Research Report on Verizon, Youku Tudou, EPAM, IHS, and Bankrate
NEW YORK, November 13, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Verizon Communications Inc. (NYSE: VZ), Youku Tudou Inc. (NYSE: YOKU), EPAM Systems, Inc. (NYSE: EPAM), IHS Inc. (NYSE: IHS), and Bankrate, Inc. (NYSE: RATE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Verizon Communications Inc. Research Report
On November 8, 2013, Verizon Communications Inc. (Verizon) announced that Shellye Archambeau, CEO of MetricStream, has been appointed to the Verizon Board of Directors with effect from December 1, 2013. The Company informed that currently Ms. Archambeau serves on the Board of Directors for the Silicon Valley Leadership Group, IT Senior Management Forum and Watermark. Lowell McAdam, Verizon Chairman and CEO, commented, "Shellye is an accomplished executive who brings a wide range of experience in technology, e-commerce, digital media and communications to Verizon. She offers a unique perspective on applying emerging technologies to solve real business challenges and on the development and marketing of telecommunications and Internet services and solutions. We are very pleased to have Shellye join our board." Verizon informed that with the appointment of Archambeau, Verizon's total board membership reaches 14. The Full Research Report on Verizon Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/ca80_VZ]
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Youku Tudou Inc. Research Report
On November 7, 2013, Youku Inc. (Youku Tudou) reported that it will announce its Q3 2013 financial results on Thursday, November 14, 2013, after the US markets close. Youku Tudou informed that it will also host an earnings teleconference call, along with its webcast, on the same day at 8:00 p.m. US ET (9:00 a.m. Beijing/HK time, November 15, 2013). Youku Tudou stated that its management will review the quarterly results and take questions during the call. The Company added that a live webcast and its replay will be available for 12 months under the Investor Relations section of Youku Tudou's website. The Full Research Report on Youku Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/edab_YOKU]
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EPAM Systems, Inc. Research Report
On November 7, 2013, EPAM Systems, Inc. (EPAM) reported Q3 2013 financial results. Revenues stood at $140.2 million, up 27.3% YoY, while non-GAAP income from operations was $23.8 million, an increase of 24.2% YoY. GAAP income from operations was $20.2 million versus $16.7 million in Q3 2012. Non-GAAP diluted EPS was $0.43, as compared with $0.37 in Q3 2012 while diluted EPS stood at $0.34 versus $0.30 in Q3 2012. Arkadiy Dobkin, CEO and President of EPAM, commented, "We are pleased to deliver yet another quarter of industry-leading revenue growth. During this time of significant technological change impacting our clients, we are continuing to prove and enhance our competitive differentiation, in particular our strong hands-on knowledge of emerging technologies combined with rapidly improving domain expertise, and the sophistication of our global delivery platform." For Q4 2013 EPAM anticipates revenue to be in the range of $144 million and $147 million, representing a growth between 15% to 18% YoY and non-GAAP diluted EPS to be in the range of $0.44 to $0.47. The Full Research Report on EPAM Systems, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/ac42_EPAM]
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IHS Inc. Research Report
On November 7, 2013, IHS Inc. (IHS), along with the Procurement Executive Group (PEG), announced the introduction of the IHS PEG Engineering and Construction Cost Index (ECCI) - a leading indicator for wage and material inflation specific to the industry and it will also enable improved supply management of critical materials, equipment, and labor throughout the design and construction of capital projects. Scott Lockhart, IHS Vice President, operational excellence and risk management, commented, "Procurement effectiveness, supplier performance and contractor management are critical elements of operational excellence for any engineering and construction firm. Trying to manage all of the market drivers and dynamic forces that introduce variability into material, equipment and labor supply is extremely difficult. The IHS PEG Engineering and Construction Cost Index provides powerful insight on cost trends that enable faster, more confident decisions that drive operational excellence." The Full Research Report on IHS Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/7f86_IHS]
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Bankrate, Inc. Research Report
On November 7, 2013, Bankrate, Inc. (Bankrate) reported Company's weekly national survey results. According to the survey, fixed mortgage rates went up for the week with the benchmark 30-year fixed mortgage rate increasing to 4.35%. The Company added that the average 15-year fixed mortgage increased to 3.42%, and the larger jumbo 30-year fixed mortgage rate went up to 4.44%. Bankrate stated that adjustable rate mortgages varied as the popular 5-year adjustable decreased to 3.25%, while the 10-year adjustable rate increased to 3.96%. The Full Research Report on Bankrate, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/e72a_RATE]
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