Market Activity, Certifications Conformity, Acquisitions, Quarterly Earnings Releases, and Donations - Research Reports on Lam Research, GT Advanced, UNS Energy, PG&E and Boeing
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NEW YORK, August 20, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Lam Research Corporation (NASDAQ: LRCX), GT Advanced Technologies Inc. (NASDAQ: GTAT), UNS Energy Corporation (NYSE: UNS), PG&E Corporation (NYSE: PCG) and The Boeing Company (NYSE: BA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5857-100free.
Lam Research Corporation Research Reports
On August 15, 2014, the stock of Lam Research Corporation (Lam Research) gained 1.50% to end the trading session at $69.65. After opening at $69.09, the stock fluctuated in the range of $68.51 - $70.17. A total of 2.57 million shares changed hands during the session, which is above the stock's 30-day daily average volume of 2.14 million. Over the past one month, the stock has declined by 2.11%, compared to the Nasdaq Composite Index which gained 0.88% during the same period. The full research reports on Lam Research are available to download free of charge at:
http://www.analystsreview.com/Aug-20-2014/LRCX/report.pdf
GT Advanced Technologies Inc. Research Reports
On August 11, 2014, GT Advanced Technologies Inc. (GT Advanced) announced that solar modules with its new Merlin™ metallization and interconnect technology have satisfied the requirements of several important PV industry certification standards, such as IEC 61215, IEC 61730-1 and -2, and UL1703. The certification testing was conducted by RETC (Renewable Energy Test Center), an independent certification testing provider, while the results were verified by the Canadian Standards Association and TUV-Sud. "Meeting these industry standard reliability criteria is an important milestone as we move toward commercial availability of our Merlin metallization and interconnect technology," said Venkatesan Murali, Senior Vice President and General Manager of advanced systems development at GT Advanced. The Company stated that it is on track for initial shipments of Merlin grids in 2014 and commercial release of Merlin in early 2015. The full research reports on GT Advanced are available to download free of charge at:
http://www.analystsreview.com/Aug-20-2014/GTAT/report.pdf
UNS Energy Corporation Research Reports
On August 15, 2014, UNS Energy Corporation (UNS) reported the completion of the acquisition of the Company by Fortis Inc. (Fortis) in a $4.5 billion transaction, which includes the assumption of $2 billion in debt. Following the acquisition, UNS subsidiaries Tucson Electric Power (TEP) and UniSource Energy Services (UES) also become part of Fortis - the Canada's largest investor-owned electric and gas distribution holding company. UNS stated that TEP and UES will remain headquartered in Tucson under local control with current management and staffing levels. The Arizona Corporation Commission (ACC) issued a written order on August 12, 2014, under which both TEP and UES will have enhanced financial strength and other benefits as part of Fortis, while their Arizona customers will receive $30 million in bill credits over the next five years. The UNS Board of Directors was reconstituted on August 15, 2014 as a result of the acquisition. The full research reports on UNS Energy are available to download free of charge at:
http://www.analystsreview.com/Aug-20-2014/UNS/report.pdf
PG&E Corporation Research Reports
On July 31, 2014, PG&E Corporation (PG&E) announced its Q2 2014 financial results. The Company's GAAP net income during the quarter declined to $267 million or $0.57 per diluted share, compared to $328 million or $0.74 per diluted share in Q2 2013. PG&E's Q2 2014 net income included a pre-tax charge of $97 million related to natural gas matters, including costs to make safety improvements as well as legal and other costs. The Company's Q2 2014 non-GAAP earnings from operations were $0.69 per share, down from $0.79 per share in the year ago period. PG&E said that factors contributing to this difference included the negative impacts of delay in cost recovery associated with the 2014 general rate case, as well as increase in the number of shares outstanding. PG&E's total operating revenues in Q2 2014 increased 4.7% YoY to c. $4 billion. On average, analysts polled by Reuters expected the Company's per-share profit of $0.74 and revenues of $4.03 billion. The full research reports on PG&E are available to download free of charge at:
http://www.analystsreview.com/Aug-20-2014/PCG/report.pdf
The Boeing Company Research Reports
On August 12, 2014, The Boeing Company (Boeing) announced its plan to donate $1 million for expanding Food Lifeline's Kids Cafe meals program in Washington state in an effort to fight childhood hunger. Boeing's donation will be distributed over five years and will be used to help in expanding the meals program to additional sites in Western Washington. Commenting on the donation, Boeing Commercial Airplanes President and CEO Ray Conner stated, "Boeing is committed to supporting and giving back to the communities where our employees work and live. By investing in the Kids Cafe program, we hope to play a key role in reducing childhood hunger in the neighborhoods that I and all our employees care so deeply about." The full research reports on Boeing are available to download free of charge at:
http://www.analystsreview.com/Aug-20-2014/BA/report.pdf
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