Acquisition, Technical Update, Product Launch, and Financial Guidance - Research Reports on Move, Mobileye, SanDisk, NXP and Intuit
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NEW YORK, October 7, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Move Inc. (NASDAQ: MOVE), Mobileye NV (NYSE: MBLY), SanDisk Corporation (NASDAQ: SNDK), NXP Semiconductors NV (NASDAQ: NXPI) and Intuit Inc. (NASDAQ: INTU). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6967-100free.
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Move Inc. Research Reports
On September 30, 2014, Move Inc. (Move) and News Corp jointly announced that News Corp has agreed to acquire Move for approx. $950 million (net of Move's existing cash balance). Under the terms of the agreement, News Corp will acquire all the outstanding shares of Move for $21 per share, via an all-cash tender offer, representing a premium of 37% over Move's closing stock price on September 29, 2014. Further, REA Group Limited (REA), a company whose 61.6% stake is owned by News Corp, plans to hold a 20% stake in Move that will be acquired for approximately $200 million. The acquisition of Move by News Corp was unanimously approved by the Board of Directors of Move. The Company plans to close this transaction by the end of 2014, subject to the satisfaction of customary closing conditions, including regulatory approvals and a minimum tender of at least a majority of the outstanding Move shares. The market cheered this news as the Company's stock skyrocketed 37.08% to close the session at $20.96 on the same day. The full research reports on Move are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/MOVE/report.pdf
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Mobileye NV Research Reports
On September 30, 2014, Mobileye NV's (Mobileye) stock declined 2.12% to close Tuesday's session at $53.59, after gaining 7.61% in the previous trading session. Shares in Mobileye opened the session at $55.12 and oscillated in the range of $51.86 - $56.25, with 8.92 million shares changing hands. The stock's Tuesday's close of $53.59 was 8.57% below its 52-week high of $58.61. Over the previous three trading sessions, the stock has gained 8.24% outperforming the S&P 500 that gained 0.32% over the same period of time. The full research reports on Mobileye are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/MBLY/report.pdf
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SanDisk Corporation Research Reports
On September 30, 2014, SanDisk Corporation (SanDisk) announced the launch of its SanDisk Tech Assist Refresh (STAR) program for the Company's X-series line of client SSDs. The Company informed that its new program will allow corporate Chief Information Officers (CIO) and IT decision makers to easily upgrade their fleet of employee laptops from slower hard disk drives to higher performance, lower power and more reliable SSDs. Further, the STAR program will relieve IT departments of having to manage all phases of upgrading corporate laptops such as, endpoint inventory analysis, employee service scheduling, system upgrades, data migration, daily progress reporting, post-upgrade analysis and support. In addition, new STAR program will help CIO's in reducing cost and increasing productivity, decreasing risk in data migration, and limiting disruptions in business operations. The full research reports on SanDisk are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/SNDK/report.pdf
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NXP Semiconductors NV Research Reports
On September 23, 2014, NXP Semiconductors NV (NXP) announced a significant step forward for automotive drivers around the world with the supply of its RoadLINK™ chipset for Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communication to Delphi Automotive PLC (Delphi) in a move to enhance road safety by alerting drivers of critical traffic information. The Company informed that Delphi's platform that integrates NXP's technology with Cohda Wireless' application software will allow alerts to be delivered to vehicles from other cars and surrounding infrastructure, such as traffic lights and signage to alert drivers about potentially hazardous traffic situations even beyond the line of sight, optimally complementing Advanced Driver Assistance Systems (ADAS) like radar. In addition, Delphi's platform will be the first to enter the market and is expected to hit the markets in two years. The full research reports on NXP are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/NXPI/report.pdf
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Intuit Inc. Research Reports
On September 30, 2014, Intuit Inc. (Intuit) announced that the Company has reaffirmed its financial guidance for Q1 FY 2015 and full-year FY 2015 (previously announced on August 21, 2014), in conjunction with its annual Investor Day on September 30, 2014. For Q1 FY 2015, the Company expects revenue between $620 million - $630 million, GAAP operating loss in the range of $155 -$160 million, and GAAP loss per share in the range of $0.36 - $0.37, while for full-year FY 2015, the Company expects revenue between $4.275 billion and $4.375 billion, GAAP diluted EPS of $1.70 to $1.75, and GAAP operating income of $800 million to $830 million. In addition, the Company has reaffirmed its outlook for full-year FY 2017, with revenue of $5.8 billion and non-GAAP EPS of $5.00. The full research reports on Intuit are available to download free of charge at:
http://www.analystsreview.com/Oct-07-2014/INTU/report.pdf
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