NEW YORK, January 21, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Hibbett (NASDAQ: HIBB), HomeInns Group (NASDAQ: HMIN), Houghton Mifflin (NASDAQ: HMHC), HSN (NASDAQ: HSNI), and Huron (NASDAQ: HURN). 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.
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Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
HIBB Research Report: ( http://get.analystsreview.com/pdf/?c=Hibbett&d=21-Jan-2015&s=HIBB ),
HMIN Research Report: ( http://get.analystsreview.com/pdf/?c=HomeInns%20Group&d=21-Jan-2015&s=HMIN ),
HMHC Research Report: ( http://get.analystsreview.com/pdf/?c=Houghton%20Mifflin&d=21-Jan-2015&s=HMHC ),
HSNI Research Report: ( http://get.analystsreview.com/pdf/?c=HSN&d=21-Jan-2015&s=HSNI ),
HURN Research Report: ( http://get.analystsreview.com/pdf/?c=Huron&d=21-Jan-2015&s=HURN ).
Analyst Update: Financial Results, Acquisitions, and New Collection Launch
Reviewed by: Rohit Tuli, CFA®
U.S. stock markets started the week with moderate gains, after being closed on Monday in observance of the Martin Luther King Jr. holiday. The NASDAQ Composite ended at 4,654.85, up 0.44%, the Dow Jones Industrial Average advanced 0.02% to finish the day at 17,515.23, and the S&P 500 closed at 2,022.55, up 0.15%. The gains were broad based as seven out of ten sectors ended the session in positive. Asian stocks rose for a second day, driven by consumer discretionary stocks, as Chinese equities rebounded and investors patiently await the outcome of Central Bank policy meetings in Japan as well in Europe. Equities also got a lift from better-than-expected economic data from China, which recorded a GDP growth of 7.4% in 2014, the slowest rate of growth since 1990, but beating market expectations of 7.2%. Meanwhile, European equities rose for a fourth day and traded near seven-year highs ahead of an expected sovereign-bond-buying program by the European Central Bank when it convenes a meeting this Thursday.
Hibbett Sports Inc's (Hibbett Sports) Q3 FY2015 net sales increased 5.0% YoY to $218.3 million. Comparable store sales for the third quarter increased 0.6% and the Company raised FY 2015 earnings guidance.
Homeinns Hotel Group (Homeinns Group) reported a total revenue increase of 7.9% YoY to RMB 1.88 billion ($305.7 million) for Q3 2014. In addition, the shareholders at the annual meeting held on November 18, 2014 adopted special resolutions approving the change of the Company's legal name from "Home Inns & Hotels Management Inc." to "Homeinns Hotel Group" with immediate effect.
Houghton Mifflin Harcourt Company (Houghton Mifflin) announced that the Company has acquired rights to the latest novel by Nobel Prize laureate Patrick Modiano, thereby expanding its list of Nobel laureates, which includes Jose Saramago, Gunter Grass and Wislawa Szymborska and distinguished writers in translation including Umberto Eco, Amos Oz, and Italo Calvino.
Florida-based entertainment and lifestyle retailer - HSN Inc (HSN) will celebrate the return of renowned American designer, Sigrid Olsen, to the fashion world by launching her new fashion collection on April 9, 2015. As per the press release dated January 15, 2015, Sigrid's first-ever collection for HSN draws upon her multi-faceted creative talents as an artist as well as her more than 30 years as a successful American designer.
Huron Consulting Group Inc. (Huron) announced the acquisition of Sky Analytics, Inc. - a Massachusetts-based provider of legal spend management software for corporate law departments, to strengthen its Legal's law department management offering. Terms of the acquisition were not disclosed by the firm.
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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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