How it All Plays Out: Special Research on Wellesley Bancorp, Orix, PHH Corp, Actua, and Acxiom
NEW YORK, March 11, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Wellesley Bancorp (NASDAQ: WEBK), Orix (NYSE: IX), PHH Corp (NYSE: PHH), Actua (NASDAQ: ACTA), and Acxiom (NASDAQ: ACXM). 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):
WEBK Research Report: ( http://get.analystsreview.com/pdf/?c=Wellesley%20Bancorp&d=11-Mar-2015&s=WEBK ),
IX Research Report: ( http://get.analystsreview.com/pdf/?c=Orix&d=11-Mar-2015&s=IX ),
PHH Research Report: ( http://get.analystsreview.com/pdf/?c=PHH%20Corp&d=11-Mar-2015&s=PHH ),
ACTA Research Report: ( http://get.analystsreview.com/pdf/?c=Actua&d=11-Mar-2015&s=ACTA ),
ACXM Research Report: ( http://get.analystsreview.com/pdf/?c=Acxiom&d=11-Mar-2015&s=ACXM ).
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Analyst Update: Quarterly Results, Dividends, New Services, and New Openings
Reviewed by: Rohit Tuli, CFA®
U.S. stocks ended lower on Tuesday as investors worried about the possibility of the first increase in interest rates in nine years and a decline in the value of the euro. The Dow Jones Industrial Average lost 332.78 points, or 1.9%, to close at 17,662.94. The S&P 500 fell 35.27 points, or 1.7%, to end at 2,044.16. The Nasdaq Composite was down 82.64 points, or 1.7%, to 4,859.79. On Tuesday, the euro dropped 1.3% against the dollar to a 12-year low of $1.07. European stocks also plunged on Tuesday as speculation about a rate hike in the U.S. and concerns over Greece's reform program weighed on the market, despite the bond buying program announced by European Central Bank. The benchmark Stoxx Europe 600 index slumped 0.9% to end at 389.66. Key Asian exchanges also witnessed losses on Tuesday. The Shanghai Composite fell 0.5% on a mixed bag of Chinese inflation data. Hong Kong's Hang Seng index slipped 0.8%, Australia's S&P ASX 200 index finished almost flat, while South Korea's Kospi lost 0.4%.
Wellesley Bancorp, Inc.'s (Wellesley Bancorp) Board of Directors have approved a quarterly cash dividend of $0.025 per common share, payable on March 18, 2015, to stockholders of record as of the close of business on March 4, 2015. The Company also reported net income of $436,000 in Q4 2014 versus net income of $434,000 in Q4 2013.
Orix Corp (Orix) to start providing a guarantee service on corporate rental housing contracts with Entrust Co., Ltd., a comprehensive guarantee service provider under the Prestige International Group. This service provides guarantee on corporate renters' obligation on their rental payments towards rental housing property owners (lessors).
PHH Corp's (PHH Corp) subsidiary, PHH Mortgage, has recently opened six new retail sales centers throughout the country. Last year, the Company opened offices in Dallas and Houston, Texas, and since January 2015 additional offices were opened in Los Angeles, California, Boston, Massachusetts, and Orlando, Florida.
Actua Corporation (Actua) announced its Q4 2014 and full-year 2014 financial results. For the quarter revenue stood at $26.6 million, up from $17.7 million in Q4 2013, while Non-GAAP net loss came in at $0.03 per diluted share, compared to a non-GAAP net loss of $0.09 per diluted share in Q4 2013.
GlobeOne, a financial technology company, has selected Acxiom Corporation (Acxiom) for Database Solution and Partner Engagement. As part of this multi-year agreement, Acxiom will provide data hosting services to help GlobeOne to collect, process, calculate and return data to partner banks in the GlobeOne network.
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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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