NEW YORK, January 28, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including ACNB Corp. (NASDAQ: ACNB), Alliance Bancorp (NASDAQ: ALLB), Ameriana (NASDAQ: ASBI), America First Multifamily Investors (NASDAQ: ATAX), and American Independence Corp. (NASDAQ: AMIC). 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.
Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
ACNB Research Report: ( http://get.analystsreview.com/pdf/?c=ACNB%20Corp.&d=28-Jan-2015&s=ACNB ),
ALLB Research Report: ( http://get.analystsreview.com/pdf/?c=Alliance%20Bancorp&d=28-Jan-2015&s=ALLB ),
ASBI Research Report: ( http://get.analystsreview.com/pdf/?c=Ameriana&d=28-Jan-2015&s=ASBI ),
ATAX Research Report: ( http://get.analystsreview.com/pdf/?c=America%20First%20Multifamily%20Investors&d=28-Jan-2015&s=ATAX ),
AMIC Research Report: ( http://get.analystsreview.com/pdf/?c=American%20Independence%20Corp.&d=28-Jan-2015&s=AMIC ).
Analyst Update: Services Expansion, Quarterly Results, and Leadership Appointments
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks came under pressure on Tuesday as a surprise drop in durable-goods orders coupled with disappointing corporate earnings raised concerns over the U.S. economy's strength. Commerce Department data showed that orders of U.S. durable goods fell 3.4% in December from a month earlier - the fourth decline in five months. The Dow Jones Industrial Average fell 1.65% to close at 17,387.21, the S&P 500 lost 1.34% to close at 2,029.55, and the Nasdaq Composite declined 1.89% to end at 4,681.50. In Europe, the markets retreated after eight-day long winning streak as continued uncertainty in Greece coupled with disappointing corporate results weighed upon investor sentiments. Meanwhile, Asian markets were mostly higher on Tuesday, led by sharp rebound in Japanese stocks on cheaper yen. Chinese stocks fell for the first time in six days amid concerns over declining profit at major industrial companies.
ACNB Corporation's subsidiary ACNB Bank announced the expansion of surcharge-free ATM cash withdrawals at any Rite Aid location in Pennsylvania and Maryland. This expanded surcharge free
ATM access for ACNB Bank customers includes 11 new ACNB Bank-branded ATMs in select Rite Aid stores located in Cumberland, Franklin and York Counties, as well as nearly 700 additional ATMs inside Rite Aid locations throughout Pennsylvania and Maryland.
Alliance Bancorp, Inc. of Pennsylvania reported net income of $694,00 or $0.18 per diluted share in third quarter 2014 compared with $533,000 or $0.11 per diluted share in Q3 2013. Total interest and dividend income for the quarter stood at $4.2 million, up 1.5% YoY. For consolidated nine month period, net income increased $548,000 to $1.9 million or $0.47 per diluted share as compared to $1.4 million or $0.28 per diluted share for the same period in 2013.
Ameriana Bancorp (Ameriana) reported financial results for consolidated nine month period ended September 2014. Ameriana's net income increased to $1.8 million, or $0.61 per diluted share, compared with $1.7 million, or $0.57 per diluted share, in the corresponding prior year period.
Burlington Capital Group, LLC (Burlington), which acts as the general partner of the general partner of America First Multifamily Investors, L.P. (America First Multifamily Investors), announced the appointment of Craig S. Allen as its CFO. By virtue of which, Mr. Allen also has become the CFO of America First Multifamily Investors.
American Independence Corp. posted Q3 2014 financial results with net income of $2.1 million or $0.25 per diluted share compared to $0.6 million or $0.07 per diluted share for Q3 2013. For the quarter, revenues increased to $41.2 million from $37.6 million in Q3 2013.
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review