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Quarterly Earnings, Product Launches, Technical Updates, and New Milestones - Research Reports on 58.com, CenturyLinK, Adobe, Western Digital and NVIDIA

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

Aug 26, 2014, 09:00 ET

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NEW YORK, August 26, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding 58.com Inc. (NYSE: WUBA), CenturyLink, Inc. (NYSE: CTL), Adobe Systems Inc. (NASDAQ: ADBE), Western Digital Corporation (NASDAQ: WDC) and NVIDIA Corporation (NASDAQ: NVDA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5981-100free.

--
58.com Inc. Research Reports
On August 20, 2014, 58.com Inc. (58.com) announced its Q2 2014 financial results. The Company's Q2 2014 revenue increased 83.9% YoY to $64.6 million, beating the Reuters' consensus estimates of $62.7 million. Membership revenues of the Company witnessed an increase of 70.6% YoY at $35.1 million in Q2 2014, helped mainly by sharp rise in the number of paying merchant members. The Company's online marketing services revenues more-than-doubled in Q2 2014 to $29.3 million as compared to Q2 2013, due to an increase in user traffic and the effectiveness of the Company's online marketing services. Net income during the quarter increased to $11.2 million, or $0.13 per diluted ADS, from c.$5 million or $0.03 per diluted ADS in Q2 2013. On an adjusted basis, the net income of the Company was $0.15 per diluted ADS, as compared to $0.06 per diluted ADS in Q2 2013. Analysts polled by Thomson Reuters expected the company to earn $0.08 per ADS for the reported quarter. Looking ahead, 58.com expects Q3 2014 revenues to range from $66 million to $68 million. The full research reports on 58.com are available to download free of charge at:

http://www.analystsreview.com/Aug-26-2014/WUBA/report.pdf

--
CenturyLink, Inc. Research Reports
On August 20, 2014, CenturyLink, Inc. (CenturyLink) announced the launch of its new cloud service CenturyLink Private Cloud, designed to match the needs of large enterprises which require the agility and innovation of a public cloud but with the physical isolation, dedicated hardware and security standards. The federation of each private cloud instance into the CenturyLink Cloud network of public cloud nodes gives users a single interface for creating and maintaining a hybrid environment that spans both public and private clouds. According to the Company, this new cloud service will provide greater agility for businesses across a broader range of workloads - even those that require additional security and compliance. "CenturyLink continues to realize our vision for business-friendly hybrid IT solutions, with public cloud, private cloud and network connectivity all available from one provider," said Andrew Higginbotham, Senior Vice president, cloud and technology, at CenturyLink. The full research reports on CenturyLinK are available to download free of charge at:

http://www.analystsreview.com/Aug-26-2014/CTL/report.pdf

--
Adobe Systems Inc. Research Reports
On August 21, 2014, the stock of Adobe Systems Inc. (Adobe) gained 1.00% to end the session at $71.73. After opening at $71.07, the stock fluctuated in the range of $70.83 - $71.90, with a total of 1.89 million shares changing hands. Shares in Adobe have declined 0.73% in the last one month, compared to the Dow Jones Industrial Average which fell 0.43% during that period. The full research reports on Adobe are available to download free of charge at:

http://www.analystsreview.com/Aug-26-2014/ADBE/report.pdf

--
Western Digital Corporation Research Reports
On August 19, 2014, WD®, a company of Western Digital Corporation (Western Digital), celebrated the 10th anniversary of its My Passport line of portable external hard drives with the launch of two new My Passport drives. WD said that it has sold more than 60 million My Passport drives in the past 10 years, providing approximately 42,000 petabytes of content protection for consumers worldwide. The newly launched My Passport Ultra™ - Metal Edition™ drive and My Passport Ultra - Anniversary Edition feature elegant metal exteriors, up to 2 TB capacities in smaller enclosures, content protection, including backup, and cloud integration for anywhere access to personal content. My Passport Ultra - Metal Edition drive is available at $89.00 (1 TB) from the WD store at wdstore.com and at select retailers and distributors, and My Passport Ultra - Anniversary Edition drive is anticipated to be available in limited quantities beginning early September 2014. The full research reports on Western Digital are available to download free of charge at:

http://www.analystsreview.com/Aug-26-2014/WDC/report.pdf

--
NVIDIA Corporation Research Reports
On August 20, 2014, a blog on NVIDIA Corporation's (NVIDIA) website stated that the Company has hit the milestone of six million NVIDIA-powered cars on the road, following the launch of new BMW i8. NVIDIA informed that BMW uses NVIDIA chips for in-car professional navigation system, which comes standard on the i8. According to the Company's blog, BMW i8's infotainment and navigation system lets drivers flip between 2D and 3D map views, while also allowing them to access everything from vehicle information to personal media, contacts, phone services, as well as a concierge. The full research reports on NVIDIA are available to download free of charge at:

http://www.analystsreview.com/Aug-26-2014/NVDA/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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