Recent Buzz on Street: New Research on BlackRock, Bank of America, Taiwan Semiconductor, Novogen and Kingtone Wirelessinfo
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 16, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including BlackRock (NYSE: BLK), Bank of America (NYSE: BAC), Taiwan Semiconductor (NYSE: TSM), Novogen (NASDAQ: NVGN), and Kingtone Wirelessinfo (NASDAQ: KONE). 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.
--
Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the following links into your browser):
BLK Research Report: ( http://get.analystsreview.com/pdf/?c=BlackRock&d=16-Jan-2015&s=BLK ),
BAC Research Report: ( http://get.analystsreview.com/pdf/?c=Bank%20of%20America&d=16-Jan-2015&s=BAC ),
TSM Research Report: ( http://get.analystsreview.com/pdf/?c=Taiwan%20Semiconductor&d=16-Jan-2015&s=TSM ),
NVGN Research Report: ( http://get.analystsreview.com/pdf/?c=Novogen&d=16-Jan-2015&s=NVGN ),
KONE Research Report: ( http://get.analystsreview.com/pdf/?c=Kingtone%20Wirelessinfo&d=16-Jan-2015&s=KONE ).
============
--
Analyst Update: Quarterly Earnings and Drug Discovery
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell for the fifth session in a row on Thursday, led by decline in the financial sector stocks following disappointing earnings from major Wall Street banks and continued concerns over the global economic growth. The Swiss equity markets tumbled after the Swiss central bank scrapped its three-year old ceiling on franc. The move drove franc soaring against euro on Thursday, leaving investors fretted over its potential negative impact on exports of Switzerland. The Dow Jones Industrial Average ended the session 0.61% lower at 17,320.71, the S&P 500 lost 0.92% to close at 1,992.67, and the Nasdaq Composite dropped 1.48% to 4,570.82. Meanwhile, the European markets rallied on Thursday after Swiss central bank lifted the cap on franc. The Swiss central bank's action is seen as an indication of a higher magnitude of the upcoming stimulus programme from the European Central Bank to counter deflation. Most Asian markets were higher on Thursday, led by a sharp rally in the Indian benchmark indices following a policy rate cut.
BlackRock, Inc. (BlackRock), the world's largest money manager, reported fourth quarter 2014 net income that beat the market expectations, helped by strong growth in its assets under management (AUM) following record net inflows. Continue reading about BlackRock's financial performance in fourth quarter in our exclusive research report.
Bank of America Corp. (Bank of America), the second largest U.S. bank by assets, reported fourth quarter 2014 net income at $3.1 billion, or $0.25 per diluted share, compared to $3.4 billion, or $0.29 per diluted share, in the year ago period. For a complete view of Bank of America's fourth quarter performance, please visit our research report.
Shares of Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) jumped over 8% on Thursday after the world's biggest contract chip maker reported fourth quarter 2014 results that surpassed market expectations. TSMC reported net profit for the quarter of NTD79.9 billion ($2.6 billion), beating the expectations of T$76.46 billion from 21 analysts polled by Reuters. Know more about TSMC's fourth quarter results in our research report.
Novogen Limited's (Novogen) announced that its scientists have achieved an important scientific breakthrough in the Company's regenerative medicine program. ADRs of the Australia-based company jumped over 16% after it revealed that its scientists have discovered a family of compounds which can promote the growth and activity of normal brain stem cells. To know more about Novogen's breakthrough discovery in regeneration medicine, please visit our research report.
Kingtone Wirelessinfo Solution Holding Ltd. (Kingtone Wirelessinfo), a China-based developer and provider of mobile enterprise solutions, said its fiscal year 2014 net loss narrowed to $0.001 million from $5.1 million in the previous fiscal, aided by significant reduction in costs. Shares of the Company rallied nearly 28% on Thursday following the announcement. Read more about Kingtone Wirelessinfo's fiscal 2014 performance in our research report.
--
About Analysts Review
At Analysts Review, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.
--
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.
Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article