
Stocks in Limelight Today: Special Coverage on Auspex, American Apparel, Northrop Grumman, Heico and Darden
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 17, 2014 /PRNewswire/ --
Moments ago, Realtime Equities released new analyst updates concerning several important developing situations including Auspex (NASDAQ: ASPX), American Apparel (NYSE MKT: APP), Northrop Grumman (NYSE: NOC), Heico (NYSE: HEI), and Darden (NYSE: DRI). Realtime Equities is the leader in realtime news, commentary and analysis - 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 at the bottom.
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Analyst Update: Positive Study Results,Leadership Changes,Contracts, andQuarterly Earnings
Reviewed by: Rohit Tuli, CFA®
The US stock market on Tuesday witnessed its most volatile session since mid-October. Markets ended on a negative note amid slumping oil prices and growing chaos in Russia, represented by a massive decline of the ruble. The NASDAQ Composite edged 1.24% lower, the Dow Jones Industrial Average declined 0.65% and the S&P 500 fell 0.85%. A global emerging -market selloff which started on Monday, further pressurized Asia and the Asian stock market on Tuesday, which ended the day in red. On the other hand, the European Markets on December 16, 2014 closed on a positive note led by a surge in energy shares. Further, positive data from a German analyst, an investor sentiment ZEW survey and a fund manager survey from Bank of America Merrill Lynch helped sustain the investor sentiment in the European Market.
Shares of Auspex Pharmaceuticals Inc. (Auspex) jumped over 60% in after-hours trading session on Tuesday, December 16, as the Company reported that its drug for the treatment of chorea associated with Huntington's disease (HD) met its primary goal in a phase-3 trial. Shares of the Company increased around $15 in extended trading after closing at $25.09. Click on the report below to know more about the Company's drug and its trial results.
American Apparel Inc. (American Apparel) finally terminated its relationship with Dov Charney, almost six months after suspending him as President and CEO of the Company for alleged misconduct and violations of Company policy. American Apparel also said that it has roped in Paula Schneider as its new CEO, effective January 5, 2014. Find out more about the American Apparel's first female CEO by clicking on the report below.
Northrop Grumman Corporation (Northrop Grumman) has bagged $657.4 million contract from the U.S. Air Force to provide South Korea with four unmanned surveillance aircraft, Reuters reported. Click on the link below to know more the Northrop Grumman's latest contract.
Heico Corporation (Heico) reported fourth quarter fiscal 2014 earnings that exceeded market expectations. Heico's revenues, however, fell short of analysts' estimates amid softer demand for certain industrial and defense-related products. Click on the report below to view a comprehensive coverage of Heico's financial performance in Q4 FY 2014.
Darden Restaurants, Inc. (Darden) has started to show progress after replacing its entire Board of Directors, posting better-than-expected second quarter fiscal 2015 results and also raising the lower end of its adjusted profit forecast for the full year. This is the Company's first quarterly earnings report after it appointed 12 new Starboard-approved Board members in October. Click on the link below to know more about the Company's performance in Q2 as well as full-year outlook.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
ASPX Research Report: ( http://get.realtimeequities.com/pdf/?c=Auspex&d=17-Dec-2014&s=ASPX ),
APP Research Report: ( http://get.realtimeequities.com/pdf/?c=American%20Apparel&d=17-Dec-2014&s=APP ),
NOC Research Report: ( http://get.realtimeequities.com/pdf/?c=Northrop%20Grumman&d=17-Dec-2014&s=NOC ),
HEI Research Report: ( http://get.realtimeequities.com/pdf/?c=Heico&d=17-Dec-2014&s=HEI ),
DRI Research Report: ( http://get.realtimeequities.com/pdf/?c=Darden&d=17-Dec-2014&s=DRI ).
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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.
Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Realtime Equities, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Realtime Equities in this article or report according to the procedures outlined by Realtime Equities. Realtime Equities 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.
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