How it All Plays Out: Special Research on Papa Murphy's, Paychex, PC Connection, PCM and Penn National
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, February 2, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Papa Murphy's (NASDAQ: FRSH), Paychex (NASDAQ: PAYX), PC Connection (NASDAQ: PCCC), PCM (NASDAQ: PCMI), and Penn National (NASDAQ: PENN). 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):
FRSH Research Report: ( http://get.analystsreview.com/pdf/?c=Papa%20Murphy%27s&d=02-Feb-2015&s=FRSH ),
PAYX Research Report: ( http://get.analystsreview.com/pdf/?c=Paychex&d=02-Feb-2015&s=PAYX ),
PCCC Research Report: ( http://get.analystsreview.com/pdf/?c=PC%20Connection&d=02-Feb-2015&s=PCCC ),
PCMI Research Report: ( http://get.analystsreview.com/pdf/?c=PCM&d=02-Feb-2015&s=PCMI ),
PENN Research Report: ( http://get.analystsreview.com/pdf/?c=Penn%20National&d=02-Feb-2015&s=PENN ).
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Analyst Update: Recognitions, Quarterly Results, and Appointments
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks ended lower on Friday, sending the S&P 500 index to its biggest monthly decline in a year, as an unexpected deceleration in the U.S. fourth quarter GDP growth raised concerns over the health of world's biggest economy, curbing appeal of the risky assets. A Commerce Department data on Friday showed that the U.S. economy grew at a slower-than-expected 2.6% annualized rate in the fourth quarter versus a 5% growth in the third quarter as businesses curbed spending while trade deficit widened. The Dow Jones Industrial Average declined 1.45% to close at 17,164.95, the S&P 500 fell 1.30% to close at 1,994.99, and the Nasdaq Composite slipped 1.03% to end at 4,635.24. European equities also ended lower on Friday as data showed that consumer prices in the euro area fell more than the forecasts in January, highlighting the challenges that European Central Bank faces in its battle with deflation. Meanwhile, Asian stocks edged up on Friday, taking cues from the Wall Street where stocks rose on back of strong earnings.
Papa Murphy's Holdings Inc. (Papa Murphy's) announced that it has been named a Chain Restaurant Consumers' Choice Award winner for 2015 in the Technomic's Consumer Brand Metrics program. Based on the findings of the Technomic's survey, Papa Murphy's was awarded the quick serve concept most likely to be recommended by consumers.
Paychex, Inc. (Paychex) announced that it has been named as one of the "Best Companies to Work for in New York State" for the second consecutive year in 2015. Paychex's Vice president of human resources and organizational development Laurie Zaucha said the award is a reflection on the Company's strong culture and commitment to employees.
PC Connection, Inc. (PC Connection) announced that it has been named "Reseller Partner of the Year" at Adobe's 2014 annual Worldwide Sales Conference.
PCM, Inc. (PCM) reported third quarter 2014 consolidated net sales of $339.1 million, marginally higher from $338.7 million in the third quarter of 2013. PCM said its consolidated net loss for the quarter stood at $0.1 million, compared to consolidated net income of $1.9 million for Q3 2013.
Penn National Gaming, Inc. (Penn National) has appointed Chris Sheffield for the newly created position of Senior Vice President Managing Director I-Gaming. In this new role, Sheffield will be responsible for setting the Company's strategy as it prepares for the launch of online gaming initiatives across its portfolio.
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About Analysts Review
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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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