Factors Moving Markets: Complementary Research on Masco, Masonite, MasTec, McEwen and MDU Resources
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 Masco (NYSE: MAS), Masonite (NYSE: DOOR), MasTec (NYSE: MTZ), McEwen (NYSE: MUX), and MDU Resources (NYSE: MDU). 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):
MAS Research Report: ( http://get.analystsreview.com/pdf/?c=Masco&d=29-Dec-2014&s=MAS ),
DOOR Research Report: ( http://get.analystsreview.com/pdf/?c=Masonite&d=29-Dec-2014&s=DOOR ),
MTZ Research Report: ( http://get.analystsreview.com/pdf/?c=MasTec&d=29-Dec-2014&s=MTZ ),
MUX Research Report: ( http://get.analystsreview.com/pdf/?c=McEwen&d=29-Dec-2014&s=MUX ),
MDU Research Report: ( http://get.analystsreview.com/pdf/?c=MDU%20Resources&d=29-Dec-2014&s=MDU ).
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Analyst Update: Product Launch, Quarterly Results, Guidance Update and New Agreement
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.
Masco Corporation's (Masco) plumbing products division - Delta Faucet Company has launched two new bath collections and a shower system, further expanding its global product portfolio. The new collections belong to its Delta® and, Brizo® Brands.
Masonite International Corp. (Masonite) posted improvement in its third quarter fiscal 2014 top line, primarily due to increase of 6.6% YoY in unit volumes and 4.4% YoY in average unit price. However, the Company reported losses for the quarter impacted by one time charges.
MasTec, Inc. (MasTec) lowered its full-year 2015 guidance to reflect the impact of weakness in world oil prices and expected lower levels of wireless project activity. The fourth quarter 2014 guidance remains unchanged. The Company's Board of Directors also approved stock repurchase program.
McEwen Mining Inc. (McEwen) reported lower third quarter 2014 gold and silver sales. The Company posted losses during the quarter, compared to profits reported in the same quarter previous year. During the quarter, the Company reached the high-grade zone at El Gallo and is expected deliver significantly better results in fourth quarter 2014 and anticipates continuing the same through 2015 and 2016.
MDU Resources Group Inc.'s (MDU Resources) division Montana-Dakota Utilities Co. inked an agreement to purchase a North Dakota wind farm to be developed by ALLETE Clean Energy, a subsidiary of ALLETE, Inc. The Company informed that the wind project, located near Hettinger, ND., has 43 turbines that produce 107.5 megawatts of electricity. The project's cost is approximately $200 million and the purchase is subject to regulatory approvals.
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About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
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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 Analysts Review
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