NEW YORK, April 30, 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 Tesla Motors Inc. (NASDAQ: TSLA), Tuniu Corporation (NASDAQ: TOUR), Check-Cap Ltd. (NASDAQ: CHEK), SkyPeople Fruit Juice, Inc. (NASDAQ: SPU), and Wausau Paper Corp. (NYSE: WPP). 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):
TSLA Research Report: ( http://get.analystsreview.com/pdf/?c=Tesla%20Motors&d=30-Apr-2015&s=TSLA ),
TOUR Research Report: ( http://get.analystsreview.com/pdf/?c=Tuniu%20Corporation&d=30-Apr-2015&s=TOUR ),
CHEK Research Report: ( http://get.analystsreview.com/pdf/?c=Check-Cap&d=30-Apr-2015&s=CHEK ),
SPU Research Report: ( http://get.analystsreview.com/pdf/?c=SkyPeople%20Fruit%20Juice&d=30-Apr-2015&s=SPU ),
WPP Research Report: ( http://get.analystsreview.com/pdf/?c=Wausau%20Paper&d=30-Apr-2015&s=WPP ).
Analyst Update: Product Development, Acquisition, Patents, Earnings Updates, and Leadership Hiring
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.
On April 27, 2015, Tesla Motors Inc. stock rose 6.01% to close at $231.55. According to an article on CNBC the same day, the gains came after an upbeat report from a Deutsche Bank analyst, who stated that the Company's newest product, a stationary storage battery unit, has the potential to completely change how consumers and investors look at the electric automaker.
Early last month, Yahoo Finance reported that Tuniu Corporation, a leading online leisure travel company in China, has announced the acquisition of majority stakes in two travel agencies, Hangzhou-based Zhejiang Zhongshan International Travel Services Co. Ltd., and Tianjin-based China Classical Holiday (CCH).
On April 27, 2015, Check-Cap Ltd. announced receipt of a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for patent application entitled, "Estimation of Distances and Size of Lesions in the Colon with an Imaging Capsule." The patent broadly covers Check-Cap's investigational preparation-free endoscopy capsule with a colon imaging system for detecting colorectal cancer and clinically-significant pre-cancerous polyps, and outlines a method for measuring distances inside a patient's colon and optionally using the measurements to construct an image of the inside of the colon.
On March 31, 2015, SkyPeople Fruit Juice Inc. announced its financial results for the fiscal year ended December 31, 2014. Total revenue came in at $99.1 million, an increase of 25% year-over-year. Gross profit was $29.3 million, an increase of 6% year-over-year, while gross profit margin was 30% in 2014 as compared to 35% in 2013. Net income attributable to stockholders was $7.9 million, a decrease of 35% year-over-year.
On April 27, 2015, Wausau Paper announced a string of hiring at senior management level to strengthen Sales & Marketing, and to continue product innovation. Brian Powers was appointed as Vice President - Sales & Marketing. He will return to Wausau Paper after spending a number of years with SCA Americas, most recently as Vice President of Sales.
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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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