Quarterly Results, Regulatory Disclosures, Contracts, and Technical Updates - Research Reports on TJX, Linear Technology, Avago Technologies, NextEra and Northrop Grumman
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NEW YORK, November 5, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding The TJX Companies, Inc. (NYSE: TJX), Linear Technology Corporation (NASDAQ: LLTC), Avago Technologies Limited (NASDAQ: AVGO), NextEra Energy, Inc. (NYSE: NEE) and Northrop Grumman Corporation (NYSE: NOC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7722-100free.
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The TJX Companies, Inc. Research Reports
As per a Securities and Exchange Commission (SEC ) filing made on September 26, 2014 by The TJX Companies, Inc. (TJX), Richard Sherr, TJX's Senior Executive Vice President and Group President, exercised options and thus acquired 9,597 shares of TJX's common stock on September 24, 2014 at a price of $45.17 per share. As per the release, on the same day these shares were sold at a price of $60 per share. According to the filing, the said purchase and sale were made in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as adopted on March 14, 2014. The full research reports on TJX are available to download free of charge at:
http://www.analystsreview.com/Nov-05-2014/TJX/report.pdf
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Linear Technology Corporation Research Reports
On October 14, 2014, Linear Technology Corporation (Linear Technology) announced its Q1 FY 2015 (period ended September 28, 2014) financial results. Revenues stood at $371.1 million, compared to $340.4 million reported in Q1 FY 2014. Net income was reported at $129.5 million or $0.53 per diluted share, versus $107.9 million or $0.45 per diluted share in Q1 FY 2014. Lothar Maier, CEO of Linear Technology, commented, "For our first fiscal quarter, we grew revenue $5.6 million which approximated the midpoint of our guidance, of 1% to 3%, and represented 9% growth over the similar quarter in the prior year. Operating income grew in concert with sales and remained an industry leading 47% of sales." Lothar added, "Looking forward, revenue in the December quarter is typically down from the September quarter, averaging down sequentially 6% over the past four years. Based upon this and our current bookings rate, we are forecasting revenue to be down 3% to 6% sequentially though up year over year in the 4% to 8% range." The full research reports on Linear Technology are available to download free of charge at:
http://www.analystsreview.com/Nov-05-2014/LLTC/report.pdf
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Avago Technologies Limited Research Reports
On October 31, 2014, Avago Technologies Limited's (Avago Technologies) stock gained 4.69% to close Thursday's session at $86.25. The stock fluctuated between $84.50 and $87.92 during the trading session. The stock has a 52-week range of $42.45- $90.88. Shares in Avago Technologies have surged 22.44% over the last three months, as compared to Nasdaq Composite that gained 6.39% over the same period of time. The stock closed above its 50-day moving average and 200-day moving average of $69.87 and $82.77 respectively. The full research reports on Avago Technologies are available to download free of charge at:
http://www.analystsreview.com/Nov-05-2014/AVGO/report.pdf
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NextEra Energy, Inc. Research Reports
On October 31, 2014, NextEra Energy, Inc. (NextEra) announced its Q3 2014 earnings results. Operating revenue stood at $4.7 billion, up 5.9% YoY. Net income attributable to NextEra Energy was reported at $660 million, or $1.50 per diluted share, compared to $698 million, or $1.64 per diluted share, in Q3 2013. NextEra Energy's adjusted earnings were $688 million, or $1.55 per share, compared to $607 million, or $1.43 per share, in Q3 2013. Jim Robo, Chairman and CEO of NextEra, said, "NextEra Energy delivered strong financial and operational performance for the third quarter. NextEra Energy Resources delivered excellent adjusted earnings growth, driven by strong contributions from growth in the contracted renewables portfolio. NextEra Energy Resources also had a very strong quarter in terms of new contracted renewables origination and significantly firmed up strong origination prospects for the fourth quarter of this year. FPL also delivered solid results and performed very well operationally." NextEra Energy continues to expect full-year 2014 adjusted earnings per share to be in the range of $5.15 to $5.35. The full research reports on NextEra are available to download free of charge at:
http://www.analystsreview.com/Nov-05-2014/NEE/report.pdf
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Northrop Grumman Corporation Research Reports
On October 28, 2014, Northrop Grumman Corporation (Northrop Grumman) announced that the U.S. Marine Corps has awarded the Company a contract worth $207.3 million for low-rate initial production (LRIP) of AN/TPS-80 Ground/Air Task Oriented Radar (G/ATOR) systems. Under terms of the contract with the Marine Corps Program Executive Office for Land Systems, Northrop Grumman will deliver the systems in 2016-17. According to the company, G/ATOR is the first ground-based multimission active electronically scanned array (AESA) radar to be developed by the Department of Defense (DOD). The Company stated that it expects additional LRIP contracts, followed by multiyear, full-rate production. Jeffrey Q. Palombo, Vice President and General Manager, Land and Self Protection Systems Division, Northrop Grumman Electronic Systems said, "G/ATOR will fundamentally change how the Marines deploy and fight. Evidenced by the mission capabilities proven during operational testing, the Marines will have an unprecedented degree of protection and situational awareness." The full research reports on Northrop Grumman are available to download free of charge at:
http://www.analystsreview.com/Nov-05-2014/NOC/report.pdf
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