Recent Highlights from the Business Services Sector: Latest Research on RMG Networks, Sajan, ServiceSource, Shanda Games, and SPAR Group
NEW YORK, February 26, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including RMG Networks (NASDAQ: RMGN), Sajan (NASDAQ: SAJA), ServiceSource (NASDAQ: SREV), Shanda Games (NASDAQ: GAME), and SPAR Group (NASDAQ: SGRP). 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.
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Today's update concerns the following companies:
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Full PDF Download Links (you may have to copy and paste the following links into your browser):
RMG Research Report: ( http://get.analystsreview.com/pdf/?c=RMG%20Networks&d=26-Feb-2015&s=RMG ),
SAJA Research Report: ( http://get.analystsreview.com/pdf/?c=Sajan&d=26-Feb-2015&s=SAJA ),
SREV Research Report: ( http://get.analystsreview.com/pdf/?c=ServiceSource&d=26-Feb-2015&s=SREV ),
GAME Research Report: ( http://get.analystsreview.com/pdf/?c=Shanda%20Games&d=26-Feb-2015&s=GAME ),
SGRP Research Report: ( http://get.analystsreview.com/pdf/?c=SPAR%20Group&d=26-Feb-2015&s=SGRP ).
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Analyst Update: Financial Results, New Application, Recognition, Appointments, Growth Strategy
Reviewed by: Rohit Tuli, CFA®
U.S. stock markets witnessed a mixed trend on Wednesday as the Dow inched further into record territory but the Nasdaq broke its 10-day winning streak. The Dow Jones Industrial Average rose 15.38 points, or 0.08%, to 18224.57. The S&P 500 lost 1.62 points to 2113.86, while the Nasdaq Composite declined 0.98 points, or 0.02%, to 4967.14. Trading was relatively subdued ahead of the release of economic data on Thursday, as investors reviewed the latest corporate earnings news and digested remarks by Fed Chair. European stocks were down as mixed corporate results halted the rally that had propelled FTSE 100 and DAX to record highs. FTSE 100 was down 0.21% to 6935.38. Chinese stocks climbed to a four-week high amid speculation the nation will do more to support economic growth. China's HSBC/Markit Purchasing Managers' Index (PMI) inched up to 50.1 in February. Economists polled by Reuters had forecast a reading of 49.5, little changed from January's final PMI of 49.7. Japan's key Nikkei 225 index fell 0.1% and Australia's benchmark S&P ASX 200 index gained 0.3%.
RMG Networks Holding Corporation (RMG Networks) launched a Line Production Improvement application for visual supply chain solution, which will enable manufacturers to visualize and react to critical data and optimize performance by improving the flow of information through the production line.
Sajan, Inc. (Sajan) reported its fourth quarter financial results with revenues of $7.6 million, an increase of 15.6% YoY. Research and development expenses increased to $0.46 million during the quarter, compared with $0.24 million in Q4 2013, primarily to further solidify the performance of Transplicity, the Sompany's proprietary translation management system as well as readying the next generation of Transplicity for launch in 2015.
ServiceSource International Inc. (ServiceSource) reported that it has been included in Forrester Research, Inc.'s October 2014 report, "Market Overview: Customer Success Solutions." The said report highlights the importance of customer success teams, tools and processes in a world that's shifting to subscription business models.
Shanda Games, Inc. (Shanda Games) reported changes to its Board of Directors, highlighting that Mr. Shengming Ma has resigned from his position as a member of the Company's board of directors for personal reasons. Mr. Shaolin Liang, a vice president at Ningxia Zhongyin Cashmere International Group Co., Ltd., which owns 24.1% of the Company's shares, is appointed as a director of the Company.
SPAR Group, Inc. (SPAR Group) reported new global retail insights initiative and leadership roles for 2015, with a focus on investing in new global Client business solutions. The Company aims to leverage its technological competitive advantages, global presence and experienced leaders to address client needs for a more robust system to optimize the in-store/omni-channel shopping experience and deliver increased value to its Fortune 1000 customers.
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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.
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