NEW YORK, April 24, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including Viggle Inc (NASDAQ: VGGL), Tile Shop Hldgs, Inc. (NASDAQ: TTS), Echo Global Logistics, Inc. (NASDAQ: ECHO), HMS Holdings Corp (NASDAQ: HMSY), and Qunar Cayman Islands Ltd (NASDAQ: QUNR). 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):
VGGL Research Report: ( http://get.analystsreview.com/pdf/?c=Viggle&d=24-Apr-2015&s=VGGL ),
TTS Research Report: ( http://get.analystsreview.com/pdf/?c=Tile%20Shop%20Hldgs&d=24-Apr-2015&s=TTS ),
ECHO Research Report: ( http://get.analystsreview.com/pdf/?c=Echo%20Global%20Logistics&d=24-Apr-2015&s=ECHO ),
HMSY Research Report: ( http://get.analystsreview.com/pdf/?c=HMS%20Holdings&d=24-Apr-2015&s=HMSY ),
QUNR Research Report: ( http://get.analystsreview.com/pdf/?c=Qunar%20Cayman%20Islands&d=24-Apr-2015&s=QUNR ).
Analyst Update: Loyalty Program, Financial Results, Acquisitions, and Recognition
Reviewed by: Rohit Tuli, CFA®
U.S. stocks continued to surge record highs on Thursday as the Nasdaq Composite closed at its highest level ever, supported by better than expected corporate earnings. The Nasdaq Composite gained 0.41%, or 20.89 points to close at an all-time record high of 5056.06. The S&P 500 advanced 0.24%, or 4.97 points to 2112.93, and the Dow Jones Industrial Average closed the session at 18,058.69, up 0.11% or 20.42 points. European stocks mostly closed lower on Thursday as investors remained vigil on Greece's debt turmoil and cash crunch situation. Germany's DAX 30 and France's CAC 40 dropped 1.21% and 0.62%, respectively, while London's FTSE 100 gained modestly by 0.3% on Thursday. Meanwhile, Asian stock markets mostly advanced on Thursday as the Shanghai Composite and Japan's Nikkei both closed higher.
Viggle Inc. announced the introduction of a loyalty program that allows people to collect rewards for enjoying entertainment media. The Company informed that by downloading and checking into the free Viggle app, users can earn points simply by watching TV and movies, listening to music, purchasing songs, or even viewing certain online videos.
Tile Shop Hldgs, Inc. reported that its first quarter 2015 net sales grew 13.3% to $73.0 million from $64.4 million in Q1 2014. On a non-GAAP basis, net income for the quarter was $4.0 million, slightly lower from $4.4 million in the comparable prior year period.
Echo Global Logistics, Inc. announced the signing of a definitive agreement to acquire all of the outstanding membership units of Command Transportation, LLC for approximately $420 million, of which $25 million will be paid in the form of Echo common and restricted stock.
HMS Holdings Corp reported that its full-year 2014 net income was $13.9 million or $0.16 per diluted share, compared to net income of $40.0 million or $0.45 per diluted share in the prior year. Adjusted EPS for the year was $0.41 per diluted share, compared to $0.75 per diluted share in 2013.
Qunar Cayman Islands Limited announced that its CEO, Chenchao (CC) Zhuang, has been named among the World Economic Forum's (WEF) Young Global Leaders (YGLs) for 2015. Mr. Zhuang was one of 187 business leaders, to be selected from a group of 2000 global entrepreneurs under the age of 40, recognized by the WEF for their outstanding professional accomplishments and tangible contributions to their countries and industries.
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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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