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Special Dividends, Financial Results, Product Deployments, and Integration of Solar Projects - Research Report on Dell, Lexmark, Logitech, Ruckus, and Silver Spring Networks

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


News provided by

Analysts' Corner

Oct 29, 2013, 09:00 ET

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NEW YORK, October 29, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Dell Inc. (NASDAQ: DELL), Lexmark International Inc. (NYSE: LXK), Logitech International SA (NASDAQ: LOGI), Ruckus Wireless, Inc. (NYSE: RKUS), and Silver Spring Networks, Inc. (NYSE: SSNI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Dell Inc. Research Report

On October 18, 2013, Dell Inc.'s (Dell) Board of Directors declared a special cash dividend in the amount of $0.13 per common share, contemplated by the revised definitive merger agreement with affiliates of Michael Dell and Silver Lake Partners. The Company informed that the record date for the special dividend will be close of business on October 28, 2013. Dell stated that the dividend is conditioned upon the closing of the pending merger transaction and will be paid immediately after the closing of the said transaction, which is expected to occur before the end of Q3 FY 2014 (period ending November 1, 2013). The Full Research Report on Dell Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6072_DELL]

--

Lexmark International Inc. Research Report

On October 22, 2013, Lexmark International Inc. (Lexmark) reported its Q3 2013 financial results with revenue totaling $890.5 million, down 3.1% YoY. Net earnings stood at $28.5 million or $0.45 per diluted share, compared to nil net earnings in Q3 2012. Paul Rooke, Lexmark's Chairman and CEO, commented, "In the third quarter, Lexmark continued solid execution of our strategy of transforming to an end-to-end solutions provider, and delivered revenue that exceeded our July guidance range, EPS at the top of the range and also strong free cash flow. Lexmark is continuing to increase shareholder value through acquisitions and organic investments that are accelerating our transition to a higher value solutions portfolio, and through the ongoing capital return of more than 50 percent of free cash flow." Lexmark stated that for Q4 2013, it expects total revenue to decline by 3% to 5% YoY and anticipates EPS in the range of $0.57-$0.67. The Full Research Report on Lexmark International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/474b_LXK]

--

Logitech International SA Research Report

On October 23, 2013, Logitech International Inc. (Logitech) reported its Q2 FY 2014 financial results (Period ended September 30, 2013). The Company reported total revenues of $532 million for the quarter, down 2.9% YoY. Operating income totaled $17.2 million compared to $23.8 million in Q2 FY 2014. Net income was reported at $14.4 million or $0.09 compared to c.$54.5 million or $0.35 per diluted share in Q2 FY 2013. Commenting on the results, Logitech President and CEO Bracken P. Darrell said, "Our growth categories performed well during the first half. Combined, tablet accessories, gaming and wireless speakers grew about 36 percent year over year. Although we have more work in front of us, I am confident that we are on track with our turnaround strategy." The Company stated that it anticipates full-year FY 2014 revenues to be approximately $2 billion and operating income of approximately $50 million. The Full Research Report on Logitech International SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2481_LOGI]

--

Ruckus Wireless, Inc. Research Report

On October 23, 2013, Ruckus Wireless Inc. (Ruckus) announced that its Smart Wi-Fi products and technology has been selected by LaBarge Coating LLC - a manufacturer of pipe coating for oil and gas companies, to better enable and support its supply chain management, including its post-sale customer pipeline tracing service. Ruckus stated that its new Smart Wi-Fi infrastructure supports LaBarge Coating LLC's two coating plants and adjoining pipe storage yards located in the greater Houstan, Texas area, and a new coating plant. The Full Research Report on Ruckus Wireless, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/51ae_RKUS]

--

Silver Spring Networks, Inc. Research Report

On October 22, 2013, Silver Spring Networks Inc. (Silver Spring Networks) announced the integration of solar inverters with its Smart Energy Platform at Solar Power International 2013. The Company stated that its standards-based networking platform and CustomerIQ™ consumer engagement solution with photovoltaic (PV) enhancements have been selected by the University of Hawaii at Manoa's Hawaii Natural Energy Institute (UH-HNEI) for solar integration projects in Hawaii, New Jersey, and the District of Columbia, as part of the U.S. Department of Energy's SunShot Initiative. Raj Vaswani, Chief Technology Officer, Silver Spring Networks, commented, "The integration of renewable energy is becoming more prominent every day - residential PV penetration is estimated to double over the next few years. Together with UH-HNEI and our partners we're taking a holistic approach that unlocks benefits for both users and utilities." Dr. Richard Rocheleau, Director of UH-HNEI added, "Silver Spring has a long track record of proven networking technology innovation and commitment to open standards. Their Smart Energy Platform is a critical element of this innovative project and is helping the industry further integrate renewable energy sources into the grid." The Full Research Report on Silver Spring Networks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d67f_SSNI]

----

EDITOR 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 fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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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