NEW YORK, April 24, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including Kimberly-Clark Corporation (NYSE: KMB), Tuniu Corporation (NASDAQ: TOUR), DS Healthcare Group, Inc. (NASDAQ: DSKX), Signature Bank (NASDAQ: SBNY), and CNinsure Inc. (NYSE: CISG). 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):
KMB Research Report: ( http://get.analystsreview.com/pdf/?c=Kimberly-Clark&d=24-Apr-2015&s=KMB ),
TOUR Research Report: ( http://get.analystsreview.com/pdf/?c=Tuniu&d=24-Apr-2015&s=TOUR ),
DSKX Research Report: ( http://get.analystsreview.com/pdf/?c=DS%20Healthcare&d=24-Apr-2015&s=DSKX ),
SBNY Research Report: ( http://get.analystsreview.com/pdf/?c=Signature%20Bank&d=24-Apr-2015&s=SBNY ),
CISG Research Report: ( http://get.analystsreview.com/pdf/?c=CNinsure%20Inc&d=24-Apr-2015&s=CISG ).
Analyst Update: Quarterly Financial Results Releases
Reviewed by: Rohit Tuli, CFA®
U.S. stocks continued to surge to record highs on Thursday as the Nasdaq Composite closed at its highest level ever, supported by better than expected corporate earnings. The Nasdaq Composite gained 0.41%, or 20.89 points to close at an all-time record high of 5056.06. The S&P 500 advanced 0.24%, or 4.97 points to 2112.93, and the Dow Jones Industrial Average closed the session at 18,058.69, up 0.11% or 20.42 points. European stocks mostly closed lower on Thursday as investors remained vigil on Greece's debt turmoil and cash crunch situation. Germany's DAX 30 and France's CAC 40 dropped 1.21% and 0.62%, respectively, while London's FTSE 100 gained modestly by 0.3% on Thursday. Meanwhile, Asian stock markets mostly advanced on Thursday as the Shanghai Composite and Japan's Nikkei both closed higher.
Kimberly-Clark announced its first quarter 2015 results and confirmed its previous guidance for full-year 2015 adjusted earnings per share on April 21, 2015. The Company reported net sales of $4.7 billion in Q1 2015, down 4% YoY, as changes in foreign currency exchange rates reduced sales 9%.
Tuniu, on April 17, 2015, announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2014 with the Securities and Exchange Commission. The Company reported its fourth quarter and fiscal year 2014 financial results on March 4, 2015.
DS Healthcare, on April 15, 2015, announced its Q4 and Fiscal Year 2014 financial results. The Company reported net revenue of $3.7 million in Q4 2014, up 21% YoY. Its gross margin increased to 60.1% in Q4 from 51.3% in Q4 2013, while gross profits were up by 43% YoY to $2.24 million in Q4.
On April 21, 2015, Signature Bank (SBNY) announced its Q1 2015 financial results. The Company reported a record net income of $83.4 million in Q1 2015, up 26.3% YoY, while diluted earnings per share rose to $1.64 from $1.37 during the same period. High growth in net income was primarily due to an increase in net interest income, fueled by strong deposit growth and record loan growth.
The Company reported its Q4 and Fiscal Year 2014 financial results on March 2, 2015. Total net revenue reached RMB632.6 million ($102.0 million) in Q4 2014, up 25.6% YoY. Basic and diluted net income per ADS was RMB0.53 ($0.09) and RMB0.52 ($0.09), respectively, an increase of 7.0% and 5.6% from a year ago.
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