NEW YORK, April 21, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including ForceField Energy Inc. (NASDAQ: FNRG), TCP International Holdings Ltd (NYSE: TCPI), Vimicro International Corporation. (NASDAQ: VIMC), Dot Hill Systems Corporation (NASDAQ: HILL), and Heartware International, Inc. (NASDAQ: HTWR). 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:
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FNRG Research Report: ( http://get.analystsreview.com/pdf/?c=ForceField%20Energy%20Inc&d=21-Apr-2015&s=FNRG ),
TCPIResearch Report: ( http://get.analystsreview.com/pdf/?c=TCP%20International%20Holdings&d=21-Apr-2015&s=TCPI ),
VIMCResearch Report: ( http://get.analystsreview.com/pdf/?c=Vimicro%20International%20Holdings&d=21-Apr-2015&s=VIMC ),
HILLResearch Report: ( http://get.analystsreview.com/pdf/?c=Dot%20Hill%20Systems&d=21-Apr-2015&s=HILL ),
HTWRResearch Report: ( http://get.analystsreview.com/pdf/?c=Heartware%20International&d=21-Apr-2015&s=HTWR ),
Analyst Update: Law suits, Clinicaltrials, Guidance and Financial Results
Reviewed by: Rohit Tuli, CFA®
U.S. stocks rallied on Monday, triggered by some good first-quarter earnings reports. The NASDAQ gained 1.27% or 62.79 points, to finish at 4,994.60; the Dow Jones Industrial Average advanced 1.17%, or 208.63 points to 18,034.93, and the S&P 500 ended the session at 2,100.40, up 0.92% or 19.22 points. The gains were broad based as all the sectors closed the session in positive. European stocks too edged higher on Monday, as aggressive easing policy in China offsets the impact of Greece turmoil. Major European markets ended the session higher, as Germany's DAX rose 1.74%; France's CAC advanced 0.86%, and Britain's FTSE 100 jumped 0.82%. Meanwhile, Asian markets mostly disappointed on Monday, amid rising concern over slowdown in the Chinese economy. The Shanghai Composite and Japan's Nikkei both closed lower.
As per an article on market watch on April 16, 2015, Scott + Scott, Attorneys at Law, LLP (Scott+Scott), a national shareholder and consumer rights litigation firm, announced the commencement of an investigation into ForceField Energy Inc. (ForceField) with regard to potential violations of federal securities laws.
TCP International Holdings Ltd (TCP International) reported that its net sales for the fourth quarter of 2014 were $153.1 million, indicating an increase of 34% from $114.5 million in the fourth quarter of 2013. Net income in the fourth quarter was $2.1 million, or $0.07 per diluted share, compared to a loss of $1.6 million, or $0.08 per diluted share, in the fourth quarter of 2013.
Vimicro International Corporation (Vimicro) announced its fourth-quarter 2014 and full-year 2014 financial results. Fourth-quarter revenues of $32.4 million were up 51.2% y-o-y; and annual revenue up by 55.7% to touch $100.4 million.
Dot Hill Systems Corporation (Dot Hill) updated its guidance for the first quarter 2015. Dot hill stated that it expects first quarter 2015 non-GAAP net revenue of between $60.0 and $60.5 million and non-GAAP EPS of around $0.06, which is higher from its previous guidance of $55 to $59 million and $0.04 to $0.07, respectively.
HeartWare International, Inc. (HeartWare) announced that data from its first destination therapy clinical trial cohort, ENDURANCE, successfully demonstrated that the trial achieved the primary objective.
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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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