Financing Facilities, Software Launches, New Contracts, Senior Notes Redemptions, and Senior-level Appointments - Analyst Notes on SolarCity, Texas Instruments, Nokia, Linear Technology, and Tableau
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 4, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding SolarCity Corporation (NASDAQ: SCTY), Texas Instruments (NASDAQ: TXN), Nokia Corporation (NYSE: NOK), Linear Technology Corporation (NASDAQ: LLTC), and Tableau Software Inc (NYSE: DATA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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SolarCity Corporation Analyst Notes
On March 25, 2014, SolarCity Corporation (SolarCity) announced that it has entered into the largest aggregation facility for distributed generation solar projects, after securing commitments worth $250 million from a group of lenders that includes BofA Merrill Lynch as sole structuring agent and sole syndication agent. This aggregation facility will finance SolarCity's more than 200 MW of solar power systems for homeowners and businesses. The Company has now raised funds sufficient to finance more than $4 billion in solar projects. The Company informed that after the solar assets are fully deployed, it expects to refinance the facility in the securitization market. The full analyst notes on SolarCity Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04042014/SCTY/report.pdf
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Texas Instruments Analyst Notes
On March 31, 2014, Texas Instruments (TI) launched a new Sitara™ Linux software development kit (SDK) - the first TI SDK based on a high-quality, stable Mainline Linux kernel which allows customers developing on TI's Sitara processors to continuously access the latest devices, features and bug fixes. The new SDK, which collaborates with the Kernel.org community for code reviews with stringent acceptance criteria to ensure quality, is available to download. According to the Company, customers can take advantage of a regular cadence of incremental updates, which eases kernel migration by building upon previous versions. The full analyst notes on Texas Instruments are available to download free of charge at:
http://www.AnalystsReview.com/04042014/TXN/report.pdf
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Nokia Corporation Analyst Notes
On April 1, 2014, Nokia Corporation (Nokia) announced that it has bagged a contract from Spain's CaixaBank to supply the Spanish financial services giant's employees with approximately 30,000 Nokia Lumia devices. The agreement includes deployment of Nokia Lumia 925 in the first phase, with the option to upgrade to new Lumia models in the future. Nokia stated that its Lumia devices will help CaixaBank promote mobility, adding value for both employees and customers of CaixaBank. "Thanks to the collaboration between all parties, we managed to deliver a customized solution for CaixaBank covering all their requirements and allowing us to manage it for the future in a coordinated way," Reyes Justribó, General Manager for Nokia in Iberia. Cheering the development, the stock (ADR) of Nokia gained 2.86% to close at $7.55 on NYSE. The full analyst notes on Nokia Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04042014/NOK/report.pdf
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Linear Technology Corporation Analyst Notes
On March 31, 2014, Linear Technology Corporation (Linear) called for redemption on May 1, 2014 of the entire outstanding principal amount of its 3.00% Convertible Senior Notes due May 1, 2027. Linear stated that the aggregate principal amount of the Notes currently outstanding is approximately $845 million. Linear's stock moved up sharply after the announcement, gaining 3.57% in last two trading sessions through April 1, 2014. As a result of the Company calling for redemption, the Notes are currently convertible, and each $1,000 principal amount of the securities can be converted at a rate of c. 24.58 shares of the Linear's common stock, par value $0.001 per share. The full analyst notes on Linear Technology Corporation are available to download free of charge at:
http://www.AnalystsReview.com/04042014/LLTC/report.pdf
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Tableau Software Inc. Analyst Notes
On April 1, 2014, Tableau Software Inc. (Tableau) announced the hiring of four new executives in Europe: Andrew Batchelor was named as Director of Sales for EMEA; Henrik Jörgensen was named new Country Manager for German speaking territories; Edouard Beaucourt was named as Enterprise Account Manager for France and Suisse Romande (French speaking Switzerland). Tableau's stock ended the session higher by 6.70% at $81.18. Tableau's stock has gained 17.77% in last three months on back of strong Q4 2013 financial performance. Tableau's revenues in Q4 2013 almost doubled to $81.5 million, while non-GAAP net income jumped to $14.0 million from $1.5 million in Q4 2012. The full analyst notes on Tableau Software Inc. are available to download free of charge at:
http://www.AnalystsReview.com/04042014/DATA/report.pdf
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