NEW YORK, December 19, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Northern Technologies International (NASDAQ: NTIC), Nova Measuring Instruments (NASDAQ: NVMI), Omega Flex (NASDAQ: OFLX), Orbotech (NASDAQ: ORBK), and PACCAR (NASDAQ: PCAR). 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):
NTIC Research Report: ( http://get.analystsreview.com/pdf/?c=Northern%20Technologies%20International&d=19-Dec-2014&s=NTIC ),
NVMI Research Report: ( http://get.analystsreview.com/pdf/?c=Nova%20Measuring%20Instruments&d=19-Dec-2014&s=NVMI ),
OFLX Research Report: ( http://get.analystsreview.com/pdf/?c=Omega%20Flex&d=19-Dec-2014&s=OFLX ),
ORBK Research Report: ( http://get.analystsreview.com/pdf/?c=Orbotech&d=19-Dec-2014&s=ORBK ),
PCAR Research Report: ( http://get.analystsreview.com/pdf/?c=PACCAR&d=19-Dec-2014&s=PCAR ).
Analyst Update: Strategic Partnership, Quarterly Results, Special Dividend, and New Contract
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market extended its winning streak on Thursday, recording its best two-day gains in last three years. The rally in U.S. started on Wednesday after Federal Reserve's Chairwoman Janet Yellen assured the markets that the central bank would be patient about lifting interest rate. The S&P 500 advanced 2.43%, Dow Jones Industrial Average moved up 2.40%, and Nasdaq Composite ended the session 2.24% up. The European stocks also surged, recording their strongest daily gain in three years, supported by a rise in Greek shares. The rebound in oil prices, dovish statement of Federal Reserve and calmness in Russian market also boosted European markets. Most Asian stock markets ended higher as investors were encouraged to take more risk following the positive stimulus led by the U.S. Federal Reserve statement.
Northern Technologies International Corporation (Northern Technologies International) has collaborated with NatureWorks on marketing and sales of Ingeo, a naturally advanced bioplastic in India, Bangladesh, Pakistan and Sri Lanka.
Semiconductor manufacturer Nova Measuring Instruments Ltd. (Nova Measuring Instruments) posted solid third quarter 2014 results with revenue performance in line with its guidance. Net income noted a 45.9% YoY increase and diluted EPS stood at $0.12 as compared to $0.08 in the corresponding period of previous year.
Omega Flex, Inc.'s (Omega Flex) Board has declared a special dividend of $0.49 per share payable on January 5, 2015 to shareholders of record on December 22, 2014. Previously the Company also reported its third quarter 2014 results with a 48.8% YoY increase in its net income.
Orbotech Lt Solar (OLT Solar), subsidiary of Orbotech Ltd. received a follow-on purchase order of c.$15 million for Aurora PECVD, OLT Solar's thin film deposition systems from one of its existing customers, who is a leading solar panel manufacturer. Previously in 2013 OLT Solar received order for its thin film deposition systems from the same customer.
PACCAR Inc. (PACCAR) posted strong third-quarter 2014 results. Consolidated sales and revenues were at quarterly record of $4.93 billion, a 14.6% YoY increase. Net income for quarter came in at $371.4 million, up 20.0% YoY and diluted EPS for the quarter surpassed the Zacks Consensus Estimate of $0.96.
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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 Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review 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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