NEW YORK, January 16, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including CCA Industries (NYSEMKT: CAW), Core (NYSEMKT: CMT), Crystal Rock (NYSEMKT: CRVP), Delta Apparel (NYSEMKT: DLA), and Emerson Radio (NYSEMKT: MSN). 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):
CAWResearch Report: ( http://get.analystsreview.com/pdf/?c=CCA%20Industries&d=16-Jan-2015&s=CAW ),
CMT Research Report: ( http://get.analystsreview.com/pdf/?c=Core&d=16-Jan-2015&s=CMT ),
CRVP Research Report: ( http://get.analystsreview.com/pdf/?c=Crystal%20Rock&d=16-Jan-2015&s=CRVP ),
DLA Research Report: ( http://get.analystsreview.com/pdf/?c=Delta%20Apparel&d=16-Jan-2015&s=DLA ),
MSN Research Report: ( http://get.analystsreview.com/pdf/?c=Emerson%20Radio&d=16-Jan-2015&s=MSN ).
Analyst Update: Financial Results and Leadership Changes
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell for the fifth session in a row on Thursday, led by decline in the financial sector stocks following disappointing earnings from major Wall Street banks and continued concerns over the global economic growth. The Swiss equity markets tumbled after the Swiss central bank scrapped its three-year old ceiling on franc. The move drove franc soaring against euro on Thursday, leaving investors fretted over its potential negative impact on exports of Switzerland. The Dow Jones Industrial Average ended the session 0.61% lower at 17,320.71, the S&P 500 lost 0.92% to close at 1,992.67, and the Nasdaq Composite dropped 1.48% to 4,570.82. Meanwhile, the European markets rallied on Thursday after Swiss central bank lifted the cap on franc. The Swiss central bank's action is seen as an indication of a higher magnitude of the upcoming stimulus programme from the European Central Bank to counter deflation. Most Asian markets were higher on Thursday, led by a sharp rally in the Indian benchmark indices following a policy rate cut.
CCA Industries Inc. (CCA Industries) announced the resignation of its Director Jonathan Rothschild with effect from December 31, 2014. The Company confirmed that his resignation was not because of any disagreements with the firm policies and that he left on a good note.
Core Molding Technologies Inc. (Core) has appointed William R. Ringling as the Vice President of Operations, after Stephen J. Klestinec, the Company Chief Operating Officer since 2007, retired on November 28, 2014.
Crystal Rock Holdings, Inc.'s (Crystal Rock) Q3 FY 2014 sales rose 4.7% YoY to $19.2 million, led by increased sales of office products. Income from operations for the quarter stood at $1.3 million versus $1.9 million for the comparable quarter a year ago, due to lower gross profit and higher operating costs.
Delta Apparel Inc (Delta Apparel) reported a decline in full year FY 2014 net sales, owing to prolonged sluggishness within the apparel markets. As a result, the Company has initiated reorganization of administrative structure at all levels aimed at streamlining decision-making as well as reducing duplicative and excess fixed costs.
Fall in Emerson Radio Corporation's (Emerson Radio) net product sales dragged its Q2 FY 2015 net revenues by 22.3% YoY to $14.2 million, although licensing revenues, which contributed almost 10% to total net revenues, increased 28.2% YoY, due to higher sales by the Company's licensees of Emerson branded products.
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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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