Technical Updates, Quarterly Performance Updates, Product Launch, and Patent Infringement Complaint - Research Reports on YY, Ciena, Broadcom, NVIDIA and SanDisk
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NEW YORK, September 9, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding YY Inc. (NASDAQ: YY), Ciena Corporation (NYSE: CIEN), Broadcom Corp. (NASDAQ: BRCM), NVIDIA Corporation (NASDAQ: NVDA) and SanDisk Corp. (NASDAQ: SNDK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6321-100free.
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YY Inc. Research Reports
On September 4, 2014, the stock (ADRs) of China-based social communication platform YY Inc. (YY) hit a fresh 52-week high and ended the session higher by 3.80% at $92.12. YY stock opened the session at $89.05, and touched an intra-day low of $88.76 before hitting a new high of $93.88. A total of 3.31 million shares were traded during the session, which exceeded the stock's 30-day daily average volume of 1.59 million. YY stock has increased by 16.09% in the last one month, compared to the Dow Jones Industrial Average which rose 3.90% during the same period. The full research reports on YY are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/YY/report.pdf
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Ciena Corporation Research Reports
On September 4, 2014, Ciena Corporation (Ciena) announced its Q3 FY 2014 financial results (period ended July 31, 2014). The Company reported net income and revenue that surpassed street's estimates, but still its shares tanked as Ciena provided a weak guidance for Q4 FY 2014. Ciena's GAAP net income for Q3 FY 2014 was $16.2 million or $0.15 per diluted share, which compares to a GAAP net loss of $1.2 million or $0.01 per diluted share for Q3 FY 2013. Ciena's non-GAAP net income in Q3 FY 2014 stood at $0.32 per diluted share, beating the Zacks Investment Research (Zacks) Consensus Estimate of $0.29 per share. The Company's revenues in the quarter at $603.6 million also topped Zacks' estimate of $599.8 million. Ciena said that it expects Q4 FY 2014 revenue in range of $570 to $610 million, against analysts surveyed by Zacks' revenue estimation of $629.4 million. Ciena expects Q4 FY 2014 non-GAAP gross margin in the high 30% to low 40% range. Ciena's shares slipped 9.53% to close at $18.51. The full research reports on Ciena are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/CIEN/report.pdf
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Broadcom Corp. Research Reports
On September 3, 2014, Broadcom Corp. (Broadcom) announced the launch of BCM4358 - its new 5G WiFi (802.11ac) 2x2 Multiple Input Multiple Output (MIMO) combo chip for mobile devices, which delivers unparalleled throughput, Bluetooth co-existence performance and indoor location accuracy. The Company stated that its new combo chip will allow customers download content two times faster, stream videos with less buffering and connect to multiple Wi-Fi and Bluetooth devices concurrently without interference issues. "The combination of 5G WiFi and 2x2 MIMO unlocks the full potential of today's smartphones and tablets. These technologies are becoming de facto requirements for connectivity in high-end mobile devices," said David Recker, Broadcom Senior Director, Wireless Connectivity. According to Broadcom, the chip is currently in production and will be shipping in mobile devices available in Q3 2014. The full research reports on Broadcom are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/BRCM/report.pdf
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NVIDIA Corporation Research Reports
On September 4, 2014, NVIDIA Corporation (NVIDIA) announced that it has filed patent infringement complaint against Samsung and Qualcomm at the International Trade Commission and in the U.S. District Court in Delaware. In its complaint, NVIDIA has alleged both the companies of infringing NVIDIA GPU patents covering technology including programmable shading, unified shaders and multithreaded parallel processing. NVIDIA co-founder and CEO, Jen-Hsun Huang said, "Our patented GPU inventions provide significant value to mobile devices. Samsung and Qualcomm have chosen to use these in their products without a license from us. We are asking the courts to determine infringement of NVIDIA's GPU patents by all graphics architectures used in Samsung's mobile products and to establish their licensing value." The full research reports on NVIDIA are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/NVDA/report.pdf
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SanDisk Corp. Research Reports
On September 4, 2014, the stock of SanDisk Corp. (SanDisk) gained 0.52% to end the trading session at $96.23. After opening at $96.28, the stock oscillated in the range of $96.08 - $97.69, with a total of 2.52 million shares changing hands. Over the last one month, SanDisk stock has increased by 3.64%, in line with the Dow Jones Industrial Average which rose 3.90% during the same period. The full research reports on SanDisk are available to download free of charge at:
http://www.analystsreview.com/Sep-09-2014/SNDK/report.pdf
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