NEW YORK, April 28, 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 Yodlee, Inc. (NASDAQ: YDLE), Valmont Industries, Inc. (NYSE: VMI), Renren Inc. (NYSE: RENN), Time Warner Cable Inc (NYSE: TWC), and Cablevision Systems Corporation (NYSE: CVC). 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):
YDLE Research Report: ( http://get.analystsreview.com/pdf/?c=Yodlee%20Inc&d=28-Apr-2015&s=YDLE ),
VMI Research Report: ( http://get.analystsreview.com/pdf/?c=Valmont%20Industries&d=28-Apr-2015&s=VMI ),
RENN Research Report: ( http://get.analystsreview.com/pdf/?c=Renren%20Inc&d=28-Apr-2015&s=RENN ),
TWC Research Report: ( http://get.analystsreview.com/pdf/?c=Time%20Warner%20Cable&d=28-Apr-2015&s=TWC ),
CVC Research Report: ( http://get.analystsreview.com/pdf/?c=Cablevision%20Systems&d=28-Apr-2015&s=CVC ).
Analyst Update: Forward Guidance, Financial Results, New Investment, Acquisition Deal, and New Offerings
Reviewed by: Rohit Tuli, CFA®
U.S. stocks closed lower on Monday as investors turned cautious ahead of the Fed meeting, which begins today. The NASDAQ Composite was down 0.63% to finish at 5,060.25, the S&P 500 slipped 0.41% to 2108.92, and the Dow Jones Industrial Average lost 0.23% to end the session at 18,037.97. European stocks gained on Monday as Greece considered reshuffling its debt negotiators. Germany's DAX 30 jumped 1.93%; France's CAC 40 rose 1.30%, and London's FTSE 100 advanced 0.47% on Monday. Meanwhile, Asian stock markets mostly gained on Monday amid surge in mining stocks in Australia and emanating news on possible reforms in China. The Shanghai Composite Index, Australia's S&P ASX and Hong Kong's Hang Seng index all closed higher on Monday.
Yodlee, Inc. (Yodlee) ), a leading technology and applications platform powering dynamic innovation for digital financial services in the cloud, on April 16, 2015, announced that it will schedule a conference call to review its first quarter 2015 results (ended March 31, 2015) on May 7, 2015 at 2:00 pm PT.
Valmont Industries (Valmont), on April 22, 2015, announced its first quarter results and a restructuring plan. The Company reported first quarter sales of $670.4 million, down from $751.7 million, in the same period of 2014. Also, net operating income fell by 41.5% YoY, to $57.7 million in Q1, which also reflects a 53% declined operating income in the Utility Support Structures Segment due to lower volumes, competitive pricing and a strong dollar.
Renren Inc. (Renren), a leading real-name social networking internet platform in China, on April 16, 2015, announced that it has filed its annual report on Form 20-F for the year ended December 31, 2014 with the Securities and Exchange Commission (the "SEC").
According to a report published by Bloomberg on April 24, 2015, Comcast Corp. has dropped its $45.2 billion deal to buy Time Warner Cable Inc., on Friday, officially pulling the plug, saying the deal had been structured in a way that if the U.S. government didn't agree, the companies could walk away.
Cablevision Systems (Cablevision) on Friday announced "Cord Cutter" packages that include a free digital antenna and access to its Optimum WiFi network, as per an article on Yahoo finance. The cheapest offering, for about $35 a month, includes 5 megabit-per-second Internet downloads, a complementary Mohu digital antenna that retails for $70 and access to the Company's public Wi-Fi hotspots.
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