Quarterly Earnings Releases, Launch, and Technical Updates - Research Reports on IBM, Baidu, Verizon, Google and TI
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NEW YORK, October 30, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding International Business Machines Corporation (NYSE: IBM), Baidu Inc. (NASDAQ: BIDU), Verizon Communications Inc. (NYSE: VZ), Google Inc (NASDAQ: GOOG) and Texas Instruments Inc. (NASDAQ: TXN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7567-100free.
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International Business Machines Corporation Research Reports
On October 20, 2014, International Business Machines Corporation (IBM) announced its Q3 2014 financial results. Total revenue stood at $22.4 billion, down 4.0% YoY. Net income from continuing operations was reported at $3.5 billion or $3.46 per diluted share, compared with $4.1 billion or $3.77 per diluted share in Q3 2013. Non-GAAP EPS from continuing operations were $3.68 per diluted share, compared with $4.08 per diluted share in Q3 2013. Ginni Rometty, IBM Chairman, President and CEO said, "We are disappointed in our performance. We saw a marked slowdown in September in client buying behavior, and our results also point to the unprecedented pace of change in our industry. While we did not produce the results we expected to achieve, we again performed well in our strategic growth areas - cloud, data and analytics, security, social and mobile - where we continue to shift our business. We will accelerate this transformation." The full research reports on IBM are available to download free of charge at:
http://www.analystsreview.com/Oct-30-2014/IBM/report.pdf
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Baidu Inc. Research Reports
On October 27, 2014, Baidu Inc.'s (Baidu) ADR fell 1.18% to close the trading session at $219.92, partially reversing the gains made in previous trading session. Baidu's ADR opened the session at $220.51 and fluctuated between $219.18 and $223.35. A total of 3.09 million ADRs were traded during the session, lower than its 30-day average volume of 3.2 million ADRs. The ADR has a 52-week range of $140.66 - $231.41. Over the past six months, the ADR has returned 45.7% outperforming the Nasdaq Composite that returned 10.10% over the same period. The full research reports on Baidu are available to download free of charge at:
http://www.analystsreview.com/Oct-30-2014/BIDU/report.pdf
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Verizon Communications Inc. Research Reports
On October 21, 2014, Verizon Communications Inc. (Verizon) announced its Q3 2014 financial results with operating revenues of $31.6 billion, compared with $30.3 billion in Q3 2013. During the quarter, Verizon's Wireless segment generated operating revenue of $21.8 billion, up 7.0% YoY and added 1.53 million retail net connections to reach 106.2 million retail connections at the end of Q3 2014. The Company's Wireline segment contributed $9.6 billion in revenue, down 0.8% YoY. Net income was reported at $3.7 billion or $0.89 per diluted share, compared with $2.2 billion or $0.78 per diluted share in Q3 2013. The full research reports on Verizon are available to download free of charge at:
http://www.analystsreview.com/Oct-30-2014/VZ/report.pdf
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Google Inc Research Reports
As per a blog post on October 22, 2014, by Pichai Sundararajan, Google Inc's (Google) Senior Vice President, Android, Chrome & Apps on the Company's official website, the Company is launching Inbox - designed to deal with emails. According to the blog post, Inbox automatically organizes similar mails into groups, highlights the important information from important messages including flight itineraries, event information, and makes it easy to focus on accountholder's priorities by allowing them to add reminders. The full research reports on Google are available to download free of charge at:
http://www.analystsreview.com/Oct-30-2014/GOOG/report.pdf
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Texas Instruments Inc. Research Reports
On October 20, 2014, Texas Instruments Inc. (TI) announced its Q3 2014 financial results with revenue of $3.5 billion, up 7.9% YoY. Net Income was reported at $826 million or $0.76 per diluted share, compared with $629 million or $0.56 per diluted share in Q3 2013. As per Bloomberg Businessweek, the earnings surpassed analysts' estimates of $0.71 per share on sales of $3.46 billion. Rich Templeton, Chairman, President and CEO said, "Our cash flow from operations once again reflects the strength of our business model. Free cash flow for the trailing twelve-month period was up 20 percent from a year ago to $3.5 billion or 27 percent of revenue. This represents an improvement of 3 percentage points from a year ago and is consistent with our targeted range of 20-30 percent of revenue." He added, "TI's outlook for the fourth quarter of 2014 is for revenue in the range of $3.13 billion to $3.39 billion and earnings per share between $0.64 and $0.74. At the midpoint of our range, revenue would increase 8 percent from the year-ago quarter." On the following day October 21, 2014, TI's stock gained 5.31% to close the session at $46.77. The full research reports on TI are available to download free of charge at:
http://www.analystsreview.com/Oct-30-2014/TXN/report.pdf
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