Quarterly Financial Results, Upcoming Earnings, Acquisitions, and Awards - Research Reports on SAP, NetApp, NXP, Cleco and Con Edison
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NEW YORK, October 23, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding SAP SE (NYSE: SAP), NetApp, Inc. (NASDAQ: NTAP), NXP Semiconductors NV (NASDAQ: NXPI), Cleco Corporation (NYSE: CNL) and Consolidated Edison, Inc. (NYSE: ED). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7402-100free.
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SAP SE Research Reports
On October 20, 2014, shares (ADRs) of SAP SE (SAP) declined 4.80% and touched 52-week low of $64.10 to end the trading session $65.68, after the Company lowered its 2014 non-IFRS operating profit forecast to €5.6 billion - €5.8 billion, from €5.8 billion - €6.0 billion, predicted earlier. The Company informed that the cut in forecast was due to customer-driven mix shift from upfront to cloud subscription revenue. SAP's Non-IFRS Q3 2014 sales rose 5% YoY to $4.3 billion, led by strong sales in Germany and a recovery to double-digit sales growth in Japan. Non-IFRS Q3 2014 operating profit rose 5% YoY to €1.36 billion, which was marginally below Thomson Reuters' average expectations of €1.37 billion. For full year 2014, SAP raised its non-IFRS cloud subscriptions and support revenue forecast to be in a range of €1.04 billion - €1.07 billion (previously €1.0 billion- €1.05 billion) at constant currencies. The full research reports on SAP are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/SAP/report.pdf
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NetApp, Inc. Research Reports
According to the official website of NetApp, Inc. (NetApp), the Company will release its Q2 FY 2015 financial results on November 12, 2014. As per Zacks investment research data, the consensus EPS forecast for the quarter is $0.53. The full research reports on NetApp are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/NTAP/report.pdf
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NXP Semiconductors NV Research Reports
On October 16, 2014, NXP Semiconductors NV (NXP) issued a press release announcing the winners of its annual Supplier Awards at the Company's fourth annual Supplier Day in Singapore. As recognition of superior performance for 2013, NXP presented awards to its highest performing suppliers across its seven key spend categories, plus a Quality Award to the best supplier across all the spend categories. Rick Clemmer, President and CEO, said at the event, "At NXP, we truly value our suppliers as important and trusted partners in our ongoing growth strategy. Having the entire NXP executive management team in attendance today acknowledges the critical importance of suppliers in our mission to deliver our promise of enabling secure connections for a smarter world." The full research reports on NXP are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/NXPI/report.pdf
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Cleco Corporation Research Reports
On October 20, 2014, Cleco Corporation (Cleco) announced a definitive agreement under which it will be acquired by a group of North American long-term infrastructure investors led by Macquarie Infrastructure and Real Assets (MIRA) and British Columbia Investment Management Corporation (bcIMC), together with John Hancock Financial and other infrastructure investors. The Company informed that the agreement values Cleco at approximately $4.7 billion, including approximately $1.3 billion of assumed debt. Under the terms of the agreement, the acquirors will get all outstanding shares of Cleco for $55.37 per share in cash, representing a premium of 14.71% to its October 17, 2014 closing price. The transaction is expected to close in H2 2015. The stock markets cheered the news, as the stock zoomed 10.30% to end at $53.24. The full research reports on Cleco are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/CNL/report.pdf
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Consolidated Edison, Inc. Research Reports
On October 16, 2014, Consolidated Edison, Inc. (Con Edison) declared a quarterly dividend of $0.63 a share on its common stock, payable December 15, 2014, to stockholders of record as of November 12, 2014. In a separate press release a day before, the Company informed that it will release its Q3 2014 earnings on November 6, 2014, after the market close. The full research reports on Con Edison are available to download free of charge at:
http://www.analystsreview.com/Oct-23-2014/ED/report.pdf
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EDITOR'S NOTES:
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