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 IMPAC Mortgage Holdings, Inc. (NYSEMKT: IMH), First Internet Bancorp (NASDAQ: INBK), China Housing & Land Development, Inc. (NASDAQ: CHLN), Can-Fite Biopharma Ltd (NYSEMKT: CANF), and The Joint Corp. (NASDAQ: JYNT). 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):
IMH Research Report: ( http://get.analystsreview.com/pdf/?c=IMPAC%20Mortgage%20Holdings&d=30-Apr-2015&s=IMH ),
INBK Research Report: ( http://get.analystsreview.com/pdf/?c=First%20Internet%20Bancorp&d=30-Apr-2015&s=INBK ),
CHLN Research Report: ( http://get.analystsreview.com/pdf/?c=China%20Housing%20%26%20Land%20Development&d=30-Apr-2015&s=CHLN ),
CANF Research Report: ( http://get.analystsreview.com/pdf/?c=Can-Fite%20Biopharma&d=30-Apr-2015&s=CANF ),
JYNT Research Report: ( http://get.analystsreview.com/pdf/?c=The%20Joint%20Corp&d=30-Apr-2015&s=JYNT ).
Analyst Update: Earnings Update, Drug Test Results, and Expansion
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 23, 2015, Impac Mortgage Holdings, Inc. announced the financial results for Q1 FY15. The Company reported net earnings of $34.0 million or $2.94 per diluted common share, as compared to a net loss of $3.0 million or $0.33 per diluted common share for Q1 FY14 and a net loss of $2.2 million or $0.23 per diluted share for Q4 FY14.
On April 23, 2015, First Internet Bancorp announced the financial and operational results for Q1 FY15. Net income for the quarter was a record $2.1 million and diluted EPS were $0.46. This compares with Q4 FY14 net income of $1.5 million and diluted EPS of $0.32 and Q1 FY14 net income of $0.6 million and diluted EPS of $0.13.
On April 24, 2015, China Housing & Land Development, Inc. announced that it has filed for a reverse stock split of the Company's common stock at a ratio of one-for-five. Following the Reverse Split, each stockholder's percentage ownership in the Company and the proportional voting power remains unchanged.
On April 27, 2015, Can-Fite BioPharma Ltd. announced favorable data from further analysis of its Phase II/III double-blind, placebo-controlled study designed to test the efficacy of CF101 in patients with moderate-to-severe plaque psoriasis.
On April 21, 2015, The Joint Corp. announced its plan to grant new franchise licenses in several states for its chiropractic clinics. The Company has over 255 clinics in 29 states and is looking to expand its presence by developing new franchises in Florida, North Carolina, New Jersey, Pennsylvania, Alabama, Ohio, California, and New Mexico.
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