Just Released: New Research on Synthesis Energy, TOR Minerals, United States Lime, Universal Forest Products and Universal Stainless
NEW YORK, December 11, 2014 /PRNewswire/ --
Moments ago, Realtime Equities released new analyst updates concerning several important developing situations. Realtime Equities is the leader in realtime news, commentary and analysis - 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):
SYMX Research Report: (http://get.realtimeequities.com/pdf/?c=Synthesis%20Energy%20Systems&d=11-Dec-2014&s=SYMX ),
TORM Research Report: (http://get.realtimeequities.com/pdf/?c=TOR%20Minerals&d=11-Dec-2014&s=TORM ),
USLM Research Report: ( http://get.realtimeequities.com/pdf/?c=United%20States%20Lime%20%26%20Minerals&d=11-Dec-2014&s=USLM ),
UFPI Research Report: (http://get.realtimeequities.com/pdf/?c=Universal%20Forest%20Products&d=11-Dec-2014&s=UFPI )
USAP Research Report: ( http://get.realtimeequities.com/pdf/?c=Universal%20Stainless&d=11-Dec-2014&s=USAP ).
Analyst Update: Earnings Releases, Recognitions and Acquisitions
Reviewed by: Rohit Tuli, CFA®
The US stock market on December 10, 2014 ended the day in red, led by a sharp decline in oil stocks amid the investor concerns about the global-economic slowdown. The Dow Jones industrial average fell 1.51%, the S&P 500 edged 1.64% lower, and the NASDAQ Composite declined 1.73%. The Oil price on Wednesday fell 4.5% to $60.94 a barrel, down 43% from this year's high after Organization of the Petroleum Exporting Countries (OPEC) reduced its forecasts for crude oil production in 2015 owing to the swelling supply from North America and other rising producers. The Asian stock markets ended the day on a mixed note with fresh concerns over slumping oil price and Greece's weak economy, which was offset by a strong rebound in Shanghai Composite Index. The European stocks renounced gains with the turnaround led by a slump in energy shares as oil prices extended their losses.
Synthesis Energy Systems, Inc. (Synthesis Energy) reported first quarter fiscal 2015 financial results. The Company also completed the refinancing of a 20 million RMB or $3.3 million working capital loan and secured an additional 10 million RMB line of credit at its ZZ JV in October 2014.
TOR Minerals International Inc. (TOR Minerals) reported strong third quarter 2014 financial results as bottom line surged 161.9% YoY, while top line also witnessed improvement during the quarter.
United States Lime & Minerals Inc. (United States Lime) reported strong third quarter 2014 financial results, with bottom-line increased by 13.3% YoY. The Company also declared dividend of $0.125 per share on its common stock, payable on December 18, 2014 to shareholders of record at the close of business on November 28, 2014.
Universal Forest Products, Inc.'s (Universal Forest Products) subsidiary acquired 80% interest in certain assets of Packnet, Ltd., with the ability to purchase the remaining 20% in three years. The Company expects this acquisition to further expand its industrial business and manufacturing and design capabilities.
Universal Stainless & Alloy Products (Universal Stainless) Chairman, President and CEO, Dennis M. Oates received one of three top honors presented by Smart Business magazine at a Pittsburgh Smart 50 Awards ceremony in November 2014.
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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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