NEW YORK, January 22, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including National Presto (NYSE: NPK), NCI Building (NYSE: NCS), CSN (NYSE: SID), New Home (NYSE: NWHM), and Northrop Grumman (NYSE: NOC). 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):
NPK Research Report: ( http://get.analystsreview.com/pdf/?c=National%20Presto&d=22-Jan-2015&s=NPK ),
NCS Research Report: ( http://get.analystsreview.com/pdf/?c=NCI%20Building&d=22-Jan-2015&s=NCS ),
SID Research Report: ( http://get.analystsreview.com/pdf/?c=CSN&d=22-Jan-2015&s=SID ),
NWHM Research Report: ( http://get.analystsreview.com/pdf/?c=New%20Home&d=22-Jan-2015&s=NWHM ),
NOC Research Report: ( http://get.analystsreview.com/pdf/?c=Northrop%20Grumman&d=22-Jan-2015&s=NOC ).
Analyst Update: Quarterly Earnings, Acquisitions, New Project, and Contract Award
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks rose for the third consecutive session on Wednesday as investors anticipated European Central Bank (ECB) would announce a massive bond-buying programme at its Thursday meeting to counter deflation and boost the Euro zone economy. ECB's executive board has reportedly proposed a bond buying plan worth €50 billion ($58 billion) per month starting in March. The S&P 500 index rose 0.47% to 2,032.12, the Dow Jones Industrial Average gained 0.22% to 17,554.28, and the Nasdaq Composite added 0.27% to 4,667.42. European stocks also continued to advance on Wednesday, with the Stoxx Europe 600 index hitting a fresh seven-year high, on hopes of ECB's QE plans. In Asia, markets mostly closed higher on Wednesday, led by Chinese stocks which rose for the second consecutive session after Monday's plunge.
National Presto Industries, Inc. (National Presto) reported third quarter 2014 net earnings at $5.1 million, compared to $9.0 million in the year ago period. On per-share basis, the Company's net earnings stood at $0.74 in Q3 2014, down from $1.31 in Q3 2013.
NCI Building Systems, Inc. (NCI Building) announced completion of the previously announced acquisition of CENTRIA, a leading provider of architectural insulated metal panel (IMP) wall and roof systems and coil coating services, for a net cash price of $245 million.
Brazilian steel company - Companhia Siderúrgica Nacional (CSN) reported third quarter 2014 net loss of R$250.4 million, basically reflecting the lower operating result in the quarter. The Company had posted a net income of R$502.9 million in the corresponding quarter of previous fiscal.
New Home Company, Inc. (New Home) unveiled the Meridian, its first, new for-sale residential community in the Newport Center area next to Fashion Island in more than 20 years. In its announcement dated December 5, 2014, New Home informed that the special Model Home Premiere for Meridian - its collection of 79 sophisticated coastal residences in the heart of Newport Beach, California, provided guests an exclusive opportunity to tour both the stunning homes and community recreational amenities.
Northrop Grumman Corporation (Northrop Grumman) announced that the Japan Ministry of Defense has selected two of the Company's systems to enhance its intelligence, surveillance and reconnaissance capabilities.
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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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