NEW YORK, January 13, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Geeknet (NASDAQ: GKNT), Gladstone Land (NASDAQ: LAND), Global Eagle Entertainment (NASDAQ: ENT), Global Sources (NASDAQ: GSOL), and Gogo Inc. (NASDAQ: GOGO). 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):
GKNT Research Report: ( http://get.analystsreview.com/pdf/?c=Geeknet&d=13-Jan-2015&s=GKNT ),
LANDResearch Report: ( http://get.analystsreview.com/pdf/?c=Gladstone%20Land&d=13-Jan-2015&s=LAND ),
ENTResearch Report: ( http://get.analystsreview.com/pdf/?c=Global%20Eagle%20Entertainment&d=13-Jan-2015&s=ENT ),
GSOL Research Report: ( http://get.analystsreview.com/pdf/?c=Global%20Sources&d=13-Jan-2015&s=GSOL ),
GOGO Research Report: ( http://get.analystsreview.com/pdf/?c=Gogo%20Inc.&d=13-Jan-2015&s=GOGO ).
Analyst Update: Product Launches, Strategic Acquisitions, Upcoming Events, Approvals, Contract Renewals, and Collaborations
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell for the second straight session on Monday, weighed down by the renewed sell-off in energy shares after oil prices touched fresh lows. Nervousness ahead of the fourth quarter 2014 corporate earnings season also kept investors on the sidelines. The S&P 500 index fell 0.81% to close at 2,028.26 and was down by around 3% from its 52-week high hit on December 29, 2014. The Dow Jones Industrial Average finished 0.54% lower at 17,640.84, and the Nasdaq Composite was down 0.84% at 4,664.71. Meanwhile, European markets ended higher on Monday as slumping oil prices lifted stocks of companies that benefit from lower fuel prices, such as airlines, which also helped offset the decline in energy shares. Asian markets were mostly lower on Monday, following a downbeat session on Wall Street on Friday.
ThinkGeek, a wholly owned subsidiary of Geeknet, Inc. (Geeknet), launched The SuperNova Light Cube LED Bluetooth® Speaker, the latest product from its GeekLabs Division. The SuperNova syndicates a strong bluetooth speaker with an intense LED light show that features 36 different patterns. The SuperNova's LED prism array can be experienced even when music isn't playing.
In the first week of the New Year, Gladstone Land Corporation (Gladstone Land) closed on the acquisition of a 331-acre strawberry farm in Salinas, California, for approximately $17.0 million. Earlier, at a public auction in December 2014, the Company had won the right to acquire this property, located in a premier agricultural region in Monterey County. The property has four wells on site with sufficient water and excellent soil.
A media content, technology, and connectivity solutions provider to the travel industry, Global Eagle Entertainment Inc. (GEE), will be presenting at the 17th Annual Needham Growth Conference in New York on January 14, 2015 at 4:30 p.m. ET. Also recently, the Company was granted the Supplemental Type Certificate approval to install its Ku-band satellite connectivity system on Boeing 777 aircraft.
Global Sources Ltd. (Global Sources) has renewed its contract to host its highly successful trade shows at Asia World -Expo (AWE) in Hong Kong Expo in 2017 and 2018 for approximately $23.1 million. The Company will retain the right to host its events twice a year - April and October, at AWE.
Gogo Inc. (Gogo) has collaborated with lifestyle technology expert Cassie Slane to share the latest travel trends for this holiday season. In addition, American Airlines has informed that it will upgrade its regional fleet by adding Gogo inflight wireless services to all two-class regional jets, as a part of its $2 billion investment to provide the customers with a world-class travel experience.
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