Market Buzz on Consumer Services: Research Reports on Ross Stores, RR Media, Ruth's Hospitality, Salem, and SBA

NEW YORK, February 6, 2015 /PRNewswire/ --

Moments ago, Analysts Review released new research updates concerning several important developing situations including Ross Stores (NASDAQ: ROST), RR Media (NASDAQ: RRST), Ruth's Hospitality (NASDAQ: RUTH), Salem (NASDAQ: SALM), and SBA (NASDAQ: SBAC). 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.

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Today's update concerns the following companies:

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Full PDF Download Links (you may have to copy and paste the following links into your browser):

ROST Research Report: ( http://get.analystsreview.com/pdf/?c=Ross%20Stores&d=06-Feb-2015&s=ROST ),

RRST Research Report: ( http://get.analystsreview.com/pdf/?c=RR%20Media&d=06-Feb-2015&s=RRST ),

RUTH Research Report: ( http://get.analystsreview.com/pdf/?c=Ruth%27s%20Hospitality&d=06-Feb-2015&s=RUTH ),

SALM Research Report: ( http://get.analystsreview.com/pdf/?c=Salem&d=06-Feb-2015&s=SALM ),

SBAC Research Report: ( http://get.analystsreview.com/pdf/?c=SBA&d=06-Feb-2015&s=SBAC ).

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Analyst Update: Financial Results, Appointments, Renewal of Partnership, and Completion of Sale

Reviewed by: Rohit Tuli, CFA®  

The U.S. stocks witnessed solid gains on Thursday as a rebound in the oil prices sparked rally in the energy shares, while the news of a big-ticket acquisition in the pharmaceutical sector boosted health-care stocks. Investors also shrugged off the mixed set of economic data. While weekly jobless claims rose less than expected last week, another data showed that nonfarm productivity fell more than expected in the fourth quarter. While the Dow Jones Industrial Average rose 1.20% to close at 17,884.88, the S&P 500 and the Nasdaq Composite gained 1.03% each to close at 2,062.52 and 4,765.10, respectively. In Europe, markets mostly ended higher in an otherwise choppy session as investors remained cautious amid Greece's struggle to renegotiate its bailout terms with the lenders. Concerns over Greece also weighed upon sentiments in Asian markets on Wednesday. Most Asian markets were down as European Central Bank said that it would no longer accept junk-rated Greece government debt as collateral for loans.

Ross Stores, Inc. announced the departure of Doug Baker, who served as President and Chief Merchandising Officer of dd's DISCOUNTS since 2011. As a result of his exit, the senior merchandising executives at dd's DISCOUNTS will report to Michael Balmuth, Executive Chairman, as the Company conducts a search to fill the vacant position.

RR Media announced that it has renewed its partnership with Solar Entertainment, the largest content provider and channel operator in Southeast Asia, to provide media services for the NBA Premium TV channel to the Philippines. As per a January 13, 2015 press release, this expanded partnership will include a wide range of digital media services including content preparation and management, playout and global distribution optimized content delivery over satellite and fiber.

Ruth's Hospitality Group, Inc. (Ruth's Hospitality) announced that it completed the previously announced sale of substantially all of the assets related to the Mitchell's Fish Market and Mitchell's/Cameron's Steakhouse businesses, to Landry's, Inc - a full-service restaurant operator.

Salem Communications Corporation (Salem) announced that Jess Collins will take over as the General Manager at KDAR-FM, Oxnard, Southern California. Jess will replace Richard Trejo who retired after 14 years at Salem and 37 years in radio. According to Salem, Collins brings 15 years of Market Manager experience in the Antelope Valley (Adelman Broadcasting and High Desert Broadcasting) to his new role at KDAR.

SBA Communications Corporation (SBA) reported Q3 2014 total revenues of $393.3 million, an increase of 18.4% YoY. Adjusted EBITDA in Q3 2014 was $254.3 million, compared to $203.7 million in the year earlier period, while adjusted EBITDA margin was 67.5% versus 64.6% in the previous year period.

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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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