Conditions of Growth, Results Report: Comprehensive Research on China Yida Holding, Churchill Downs, Chuy's Holdings, CIM Commercial Trust and Citi Trends
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 29, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including China Yida Holding (NASDAQ: CNYD), Churchill Downs (NASDAQ: CHDN), Chuy's Holdings (NASDAQ: CHUY), CIM Commercial Trust (NASDAQ: CMCT), and Citi Trends (NASDAQ: CTRN). 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.
To access our full PDF reports on a complementary basis, please visit the links below.
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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):
CNYD Research Report: ( http://get.analystsreview.com/pdf/?c=China%20Yida%20Holding&d=29-Dec-2014&s=CNYD ),
CHDN Research Report: ( http://get.analystsreview.com/pdf/?c=Churchill%20Downs&d=29-Dec-2014&s=CHDN ),
CHUY Research Report: ( http://get.analystsreview.com/pdf/?c=Chuy%27s%20Holdings&d=29-Dec-2014&s=CHUY ),
CMCT Research Report: ( http://get.analystsreview.com/pdf/?c=CIM%20Commercial%20Trust&d=29-Dec-2014&s=CMCT ),
CTRN Research Report: ( http://get.analystsreview.com/pdf/?c=Citi%20Trends&d=29-Dec-2014&s=CTRN ).
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Analyst Update: Leadership Changes, and Financial Results
Reviewed by: Rohit Tuli, CFA®
The U.S. stock market prolonged its winning streak on Friday, ending the day in green, as positive sentiments continued to buoy the markets after the Christmas holiday. The Dow Jones Industrial Average (DJIA) gained for seven consecutive trading days and ended the session at 18,053.71, up 0.13%, while the S&P 500 moved up 0.33% to 2088.77. The Nasdaq Composite advanced 0.70% and closed at 4,806.86, its highest level since March 2000. The European markets will remain close till Monday. The Asian stocks were mostly higher, as investors played down a slew of Japanese economic reports on inflation, industrial output and the labor market. The data showed that inflation in Japan was slowing, despite efforts of increasing it; however, the market reaction to the November figures was largely muted.
China Yida Holding Co.'s (China Yida Holding) stockholders in its 2014 annual meeting approved the election of Minhua Chen, Yanling Fan, Renjiu Pei, Chunyu Yin and Fucai Huang as Directors to serve for a one-year term that expires at the Company's next annual meeting of stockholders, or until their successors are elected and qualified or until their earlier resignation or removal.
Churchill Downs Incorporated (Churchill Downs) announced the resignation of Leonard S. Coleman, Jr., from the Company's Board of Directors, effective December 17, 2014. The Company recently completed the previously announced acquisition of Big Fish Games, Inc. for an upfront purchase price of $485 million that comprised of c.$16 million in CDI stock, up-front cash of $384 million and $85 million in cash to be paid over three years.
Chuy's Holdings, Inc. (Chuy's Holdings) posted revenue of $64.1 million in Q3 2014, up by 19.9% YoY, aided by $10.9 million in incremental revenue from an additional 140 operating weeks provided by 14 new restaurants opened during and subsequent to Q3 2013. The Company reported net income for Q3 2014 of $0.19 per diluted share, up 11.8% YoY.
CIM Commercial Trust Corporation (CIM Commercial Trust) reported Q3 2014 revenues of $68.2 million, exhibiting an increase of 18.6% YoY and the Company's 9M 2014 revenues arrived at $203.8 million, showcasing an improvement of 16.0% YoY. The Company posted diluted EPS for Q3 2014 of $0.04, up 100.0% YoY and diluted EPS for 9M 2014 stood at $0.25, higher by 92.3% YoY.
Citi Trends, Inc. (Citi Trends) reported Q3 2014 total sales of $156.7 million, showcasing an increase of 7.8% YoY whereas the total sales in the first three quarters of FY 2014 totaled $489.7 million, up by 5.3% YoY.
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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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SOURCE: AnalystsReview.com
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