Unravelling the Performance of Tech Companies: Complementary Research on AT&T, Zynga, Intel, Cisco and Facebook
NEW YORK, May 13, 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 AT&T, Inc. (NYSE: T), Zynga, Inc. (NASDAQ: ZNGA), Intel Corporation (NASDAQ: INTC), Cisco Systems, Inc. (NASDAQ: CSCO), and Facebook, Inc. (NASDAQ: FB). 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):
T Research Report: ( http://get.analystsreview.com/pdf/?c=AT%26T&d=13-May-2015&s=T ),
ZNGA Research Report: ( http://get.analystsreview.com/pdf/?c=Zynga&d=13-May-2015&s=ZNGA ),
INTC Research Report: ( http://get.analystsreview.com/pdf/?c=Intel%20Corporation&d=13-May-2015&s=INTC ),
CSCO Research Report: ( http://get.analystsreview.com/pdf/?c=Cisco&d=13-May-2015&s=CSCO ),
FB Research Report: ( http://get.analystsreview.com/pdf/?c=Facebook&d=13-May-2015&s=FB ).
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Analyst Update: Acquisition, Earnings Update, and New Service Offerings
U.S. stocks closed lower on Tuesday amid sharp bond market volatility. The NASDAQ Composite closed at 4,976.19, down 0.35%, the S&P 500 fell 0.29% to 2,099.12, and the Dow Jones Industrial Average finished the day 0.20% lower, at 18,068.23. European stocks fell sharply on Tuesday as heavy bond market sell-off flustered investors. Germany's DAX 30 slipped 1.72%, France's CAC 40 tumbled 1.06%, and the London's FTSE 100 closed 1.37% lower on Tuesday. Meanwhile, Asian markets were mixed on Tuesday amid concern over Greece's future in the euro zone and interest rate cut in China.
AT&T is on a spending spree in Mexico, with plans for further investment in the next three years. Recently, Mexican regulators approved the Company's $1.9bn acquisition of Nextel. The Company also made a $2.5 billion acquisition of Iusacell, earlier this year. While Mexico's telecom sector is dominated by América Móvil, these acquisitions will give AT&T about 11% market share.
On May 6, 2015, Zynga Inc. announced its financial results for Q1 2015. Revenue was $183 million for Q1 2015, an increase of 9% YoY and a decrease of 5% QoQ. Net loss was $46 million for Q1 2015, compared to a net loss of $61 million in Q1 2014 and to a net loss of $45 million in Q4 2014. Adjusted EBITDA was $2 million for the first quarter of 2015 compared to $14 million for the prior-year same quarter.
On May 5, 2015, Intel Corporation announced the Intel Xeon processor E7-8800/4800 v3 product families. The Company said that the processor can deliver accelerated business insight through real-time analytics and enhanced performance and reliability. Real-time business intelligence is a top priority for companies across industries.
On May 5, 2015, a Reuters report said that Network equipment maker Cisco Systems Inc. is set to launch a converged cable access platform, enabling cable operators offer download speeds of one gigabit a second or more. Cisco's new cBR-8 system comes at a time when its rivals such as Arris Group Inc. and Casa Systems Inc. have started a new class of equipment that can deliver both video programing and broadband access to subscribers.
Facebook, Inc. announced on May 4, 2015 that it has introduced the Internet.org Platform, an open program for developers to easily create services that integrate with Internet.org. The Company would also give people more choice over the free basic services they can use. Facebook aims to work with as many developers and entrepreneurs as possible to extend the benefits of connectivity to diverse, local communities.
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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.
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