Latest Development in the Technology Sector: New Research on CA Inc, Cadence, Changyou.com, Check Point, and China Information
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 CA Inc (NASDAQ: CA), Cadence (NASDAQ: CDNS), Changyou.Com (NASDAQ: CYOU), Check Point (NASDAQ: CHKP), and China Information (NASDAQ: CNIT). 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):
CA Research Report: ( http://get.analystsreview.com/pdf/?c=CA%20Inc&d=11-Mar-2015&s=CA ),
CDNSResearch Report: ( http://get.analystsreview.com/pdf/?c=Cadence&d=11-Mar-2015&s=CDNS ),
CYOU Research Report: ( http://get.analystsreview.com/pdf/?c=Changyou.Com&d=11-Mar-2015&s=CYOU ),
CHKP Research Report: ( http://get.analystsreview.com/pdf/?c=Check%20Point&d=11-Mar-2015&s=CHKP ),
CNIT Research Report: ( http://get.analystsreview.com/pdf/?c=China%20Information&d=11-Mar-2015&s=CNIT ).
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Analyst Update: Upcoming Events, Technology Deployment, Earningsand Recognitions
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%.
CA Inc. is scheduled to conduct its 5th ERworld online conference for Data Management professionals from March 18-19, 2015. The Company also announced "Day One" support for IBM's z13, allowing customers to take full advantage of the z13's advanced mobile, cloud and analytic capabilities.
Cadence Design Systems, Inc. (Cadence) announced that Cadence® digital implementation and signoff tools helped Brite Semiconductor Corporation to improve quality of results and engineering productivity, besides reducing their time to market by three weeks compared to previous design methodologies, while completing four 28nm system-on-chip (SoC) designs.
Changyou.Com Ltd (Changyou.Com) reported record fourth quarter 2014 revenue of $215.9 million, up 11% YoY, exceeding the Company's guidance by $17.9 million. For the first quarter of 2015, Changyou.Com expects total revenues to be between $195.0 million and $200.0 million, including online game revenues of $175.0 million to $180.0 million and online advertising revenues of $9 million to $10 million.
Check Point Software Technologies Ltd (Check Point) announced that it has been recognized by Gartner as the leader in Worldwide Firewall Equipment Market Share, based on Q3 2014 revenue. As per Gartner's Market Share: Enterprise Network Equipment research, Check Point leads worldwide market share with 21.9% of the Firewall Equipment market in Q3 2014, which represents a 5.3 percentage point and 10.2 percentage point lead over the two nearest competitors.
China Information Technology, Inc (China Information) announced that a leading advertising agency has selected the Company to install 20,000 cloud-based new media elevator terminals in Guangdong province.
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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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