Technology Sector's Latest Developments: New Research on AirMedia, ChinaNet, Constant Contact, Criteo, and WPP
NEW YORK, February 12, 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 AirMedia (NASDAQ: AMCN), ChinaNet (NASDAQ: CNET), Constant Contact (NASDAQ: CTCT), Criteo (NASDAQ: CRTO), and WPP (NASDAQ: WPPGY). 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):
AMCN Research Report: ( http://get.analystsreview.com/pdf/?c=AirMedia&d=12-Feb-2015&s=AMCN ),
CNET Research Report: ( http://get.analystsreview.com/pdf/?c=ChinaNet&d=12-Feb-2015&s=CNET ),
CTCT Research Report: ( http://get.analystsreview.com/pdf/?c=Constant%20Contact&d=12-Feb-2015&s=CTCT ),
CRTO Research Report: ( http://get.analystsreview.com/pdf/?c=Criteo&d=12-Feb-2015&s=CRTO ),
WPPGY Research Report: ( http://get.analystsreview.com/pdf/?c=WPP&d=12-Feb-2015&s=WPPGY ).
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Analyst Update: Divestitures, Appointments, and Quarterly Earnings
Reviewed by: Rohit Tuli, CFA®
U.S. stocks closed effectively flat in a relatively quiet trading session on Wednesday, February 11, as investors fixed their eyes on the developments of an emergency meeting of the eurozone countries to discuss Greece's finances. S&P 500 closed flat at 2,068.53, the Dow Jones Industrial Average edged lower 0.04% to 17,862.14 and Nasdaq Composite moved up 0.3% to close at 4,801.18. The European markets closed lower as investors awaited the outcome of the crucial meeting over financial aid to Greece, part of the several meetings scheduled over the coming days to decide the future of financial aid to Greece. The Asian markets ended mostly higher following a firm finish of global stocks on the preceding day, as well as driven by hopes for a deal between Greece and its international creditors.
AirMedia Group Inc. (AirMedia) announced that it has reached agreements to divest two of its loss-making product lines - TV-attached digital frames and airport digital TV screens - to two media companies. AirMedia expects the impact of divestment of the two product lines on its 2015 revenues to be less than 10% of its total revenues in 2014.
ChinaNet Online Holdings, Inc. (ChinaNet) announced the appointment of Ken Wu as its Chief Information Officer (CIO) effective February 1, 2015. Wu will be responsible for ChinaNet's Information Technology (IT) strategy, services and operations.
Constant Contact, Inc. (Constant Contact) has reported fourth quarter 2014 net income and revenues that beat market expectations. Overall, 2014 was marked by improvements in gross new customer additions and record increase in average revenue per user, stated the Company.
Criteo S.A. (Criteo), the performance marketing Technology Company, is planning to release its fourth quarter and full-year 2014 financial results on February 18, 2015 before the market opens. In a previously announced guidance update, the Company forecasted its Q4 2014 revenue excluding Traffic Acquisition Costs (TAC) to be between €89 million and €91 million.
Cohn & Wolfe Group, a part of WPP Plc (WPP), has appointed Julian Tanner as Global Technology Leader - a newly created position in which Tanner will be responsible for Cohn & Wolfe's technology business, driving growth and development across all regions.
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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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