Latest Happenings in Consumer Services Sector: Odyssey, Office Depot, ORBCOMM, O'Reilly Automotive, and Outerwall
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 30, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Odyssey (NASDAQ: OMEX), Office Depot (NASDAQ: ODP), ORBCOMM (NASDAQ:ORBC), O'Reilly Automotive (NASDAQ: ORLY), and Outerwall (NASDAQ: OUTR). 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):
OMEX Research Report: ( http://get.analystsreview.com/pdf/?c=Odyssey&d=30-Jan-2015&s=OMEX ),
ODP Research Report: ( http://get.analystsreview.com/pdf/?c=Office%20Depot&d=30-Jan-2015&s=ODP ),
ORBC Research Report: ( http://get.analystsreview.com/pdf/?c=ORBCOMM&d=30-Jan-2015&s=ORBC ),
ORLY Research Report: ( http://get.analystsreview.com/pdf/?c=O%27Reilly%20Automotive&d=30-Jan-2015&s=ORLY ),
OUTR Research Report: ( http://get.analystsreview.com/pdf/?c=Outerwall&d=30-Jan-2015&s=OUTR ).
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Analyst Update: Financial Results, Contracts, Scheduled Earnings, and Leadership Changes
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks finished higher on Thursday as a late afternoon rally in crude oil prices helped energy shares erase their decline, while better-than-expected earnings reports boosted consumer stocks. The Dow Jones Industrial Average rose 1.31% to close at 17,416.85, the S&P 500 advanced 0.95% to close at 2,021.25, and the Nasdaq Composite gained 0.98% to end at 4,683.41. In Europe, markets ended lower as investors fretted over the worsening health of Euro zone economy after some heavyweight energy firms reported weaker-than-expected profits. The U.S. central bank's statement on Wednesday, indicating U.S. rate increases were still likely this year, also weighed upon investor sentiments. Meanwhile, Greek stocks markets steadied on Thursday, following a huge post-election sell-off, helped by rally in the bank stocks. Asian stocks also ended lower on Thursday after Federal Reserve's statement and slump in the oil prices.
Odyssey Marine Exploration, Inc. (Odyssey) announced its Q3 2014 financial results. Total revenue stood at $120,000, compared to $5.6 million in Q3 2013. The Company reported net loss of $7.4 million or $0.09 per diluted share, versus a net loss of $0.9 million or $0.01 per diluted share in Q3 2013.
Office Depot, Inc. (Office Depot) was awarded two contracts, valued over $400 million, following a competitive solicitation process for both office and school supplies by Region 4 Education Service Center, the lead agency for The Cooperative Purchasing Network (TCPN).
ORBCOMM Inc. (ORBCOMM) was selected by Werner Enterprises, Inc. to provide an industry-leading tracking and monitoring solution for Werner's over-the-road refrigerated trailers. The application includes ORBCOMM's proprietary hardware along with a robust web application that has data reporting and analytics capabilities to increase in-transit visibility and efficiency of Werner's refrigerated transport operations.
O'Reilly Automotive, Inc. (O'Reilly Automotive) to release its fourth quarter and full-year 2014 results on Wednesday, February 4, 2015, after 3:30 p.m. CT, followed by a conference call on Thursday, February 5, 2015, at 10:00 a.m. CT. The earnings release and live webcast of the call will be accessible through the Investor Relations section of its website.
Outerwall Inc. (Outerwall) has appointed Nora M. Denzel, a member of Outerwall's Board of Directors since 2013, to serve as its interim CEO after CEO J. Scott Di Valerio stepped down from his role. The Company is scheduled to report its fourth quarter and full-year 2014 financial results on February 5, 2015, after the market closes, and has also scheduled a conference call on the same day at 2:30 p.m. PST.
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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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