Stocks Ready to Take-Off: New Research on American Apparel, Red Hat, General Dynamics, VirnetX and BlackBerry
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 22, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including American Apparel (NYSEMKT: APP), Red Hat (NYSE: RHT), General Dynamics (NYSE: GD), VirnetX (NYSEMKT: VHC), and BlackBerry (NASDAQ: BBRY). 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):
APP Research Report: ( http://get.analystsreview.com/pdf/?c=American%20Apparel&d=22-Dec-2014&s=APP ),
RHT Research Report: ( http://get.analystsreview.com/pdf/?c=Red%20Hat&d=22-Dec-2014&s=RHT ),
GD Research Report: ( http://get.analystsreview.com/pdf/?c=General%20Dynamics&d=22-Dec-2014&s=GD ),
VHC Research Report: ( http://get.analystsreview.com/pdf/?c=VirnetX&d=22-Dec-2014&s=VHC ),
BBRY Research Report: ( http://get.analystsreview.com/pdf/?c=BlackBerry&d=22-Dec-2014&s=BBRY ).
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Analyst Update: Takeover Bid, Quarterly Earnings, Contract and Lawsuit Settlement
Reviewed by: Rohit Tuli, CFA®
The U.S. markets extended their gains for a third session on Friday with the S&P 500 adding up its second best week in almost two years. The Dow Jones Industrial Average finished at 17,804.80, up 0.15%, the NASDAQ Composite edged 0.36% higher at 4,765.38, and the S&P 500 advanced 0.46% to close the session at 2,070.65. The rally in the U.S. stocks was fueled by the Federal Reserve's assurance on Wednesday to take a patient approach towards raising interest rates, which calmed the investors over the policy outlook. On the other hand, the European markets ended Friday's session on a mixed note as Italian banking and healthcare stocks weighed down the wider benchmarks. The Asian markets extended the previous day's gain on Friday and ended on a positive note boosted by the momentum on Wall Street following the reassurance from Federal Reserve that interest rates would be hiked no sooner than mid-2015.
Shares of the Los Angeles-based apparel retailer American Apparel Inc. (American Apparel) continued their northward journey on Friday, December 19, amid reports that it has been approached by private equity firm Irving Place Capital for a possible takeover. According to Bloomberg, the PE firm is working with American Apparel's founder and ex-CEO Dov Charney for the takeover bid. Click on the report below to know more about the takeover bid and what would it mean for Dov Charney.
Red Hat Inc. (Red Hat), the world's largest commercial distributor of Linux operating system, has reported third quarter fiscal 2015 results above the market expectations, aided by strong growth in its subscription revenues. Red Hat also raised its fiscal 2015 adjusted EPS guidance, sending shares to a new 52-week high on Friday. Click on the report below to view a comprehensive coverage on Red Hat's quarterly performance and fiscal 2015 outlook.
General Dynamics Corporation (General Dynamics) announced that its wholly owned subsidiary, General Dynamics Electric Boat, has been awarded a $36.5 million contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms. Find out more about General Dynamics' latest contract win in our research report below.
Shares of VirnetX Holding Corporation (VirnetX) jumped nearly 20% on Friday, December 19, after the Company announced that it has reached settlement over patent disputes with Microsoft Corp. (Microsoft). Microsoft has agreed to pay $23 million to VirnetX to settle patent claims related to Microsoft's Skype unit. Click on the report below to know more about the lawsuit.
BlackBerry Ltd (Blackberry) swung to a profit in third quarter fiscal 2015, surprising the analysts on Wall Street and indicating a turnaround in its fortunes. However, the Canadian smartphone maker's revenues disappointed the market, witnessing a decline during the quarter. Click on the report below to know more about BlackBerry's latest quarterly performance report and updates on its Secusmart GmbH acquisition.
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About Analysts Review
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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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