NEW YORK, April 29, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including Juniper Networks Inc. (NYSE: JNPR), Infosys Ltd. (NYSE: INFY), Riverbed Technology, Inc. (NASDAQ: RVBD), HomeAway Inc. (NASDAQ: AWAY), and Maxim Integrated Products Inc. (NASDAQ: MXIM). 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):
JNPR Research Report: ( http://get.analystsreview.com/pdf/?c=Juniper%20Networks&d=29-Apr-2015&s=JNPR ),
INFY Research Report: ( http://get.analystsreview.com/pdf/?c=Infosys%20Ltd.&d=29-Apr-2015&s=INFY ),
RVBD Research Report: ( http://get.analystsreview.com/pdf/?c=Riverbed%20Technology&d=29-Apr-2015&s=RVBD ),
AWAY Research Report: ( http://get.analystsreview.com/pdf/?c=HomeAway%20Inc.&d=29-Apr-2015&s=AWAY ),
MXIM Research Report: ( http://get.analystsreview.com/pdf/?c=Maxim%20Integrated&d=29-Apr-2015&s=MXIM ).
Analyst Update: Quarterly Financial Results and Acquisitions
Reviewed by: Rohit Tuli, CFA®
U.S. stocks closed mixed on Tuesday as investors remained vigil over tech earnings and the Federal Reserve's concluding statement on Wednesday. The Dow Jones Industrial Average advanced 0.40%, to close the day at 18,110.14, and the S&P 500 gained 0.28%, to 2,114.76. However, the NASDAQ Composite was down 0.10%, to finish the session at 5,055.42. European stocks tumbled on Tuesday amid concerns over Federal Reserve's meeting outcome. Germany's DAX 30 fell 1.89%, France's CAC 40 lost 1.81%, and London's FTSE 100 ended 1.03% lower on Tuesday. Meanwhile, Asian stock markets mostly closed lower on Tuesday. The Shanghai Composite Index and Australia's S&P ASX both fell on Tuesday, while Hong Kong's Hang Seng index was flat.
On April 23, 2015, Juniper Networks, the industry leader in network innovation, reported its preliminary financial results for the three months ended March 31, 2015 and provided its outlook for the three months ending June 30, 2015. Net revenues for the first quarter of 2015 decreased 9% year-over-year and decreased 3% sequentially to $1,067 million.
On April 24, 2015, Infosys Ltd. came out with its financial results for the fourth quarter and financial year ended March 31, 2015. The Company announced bonus issue of equity shares in the ratio of 1:1, as well as a stock dividend of 1:1 on its American Depositary Shares. The Company announced definitive agreement to acquire Kallidus Inc. and invest in Airviz.
Thoma Bravo, a leading private equity investment firm, and Teachers' Private Capital, the private investor department of Ontario Teachers' Pension Plan, have completed their acquisition of Riverbed Technology, Inc., and announced the same on April 24, 2015.
Shares of HomeAway Inc. tanked 15.51% in trade on April 24, 2015 to close the day at $27.18. A day earlier the Company had reported its Q1 financial results. Net loss attributable to HomeAway was $2.1 million, or $0.02 per diluted share, compared to net income attributable to HomeAway of $4.4 million, or $0.05 per diluted share, in Q1 2014.
Maxim Integrated Products, Inc. reported its financial results for Q3 FY 15. The Company reported net revenue of $577 million for Q3 FY 2015 versus $567 million in the previous quarter, thereby showing an increase of 2%. The diluted EPS figure came in at $0.28 for the quarter.
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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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