Where Opportunity is Found: Complementary Research on Denny's, Destination Maternity, Destination XL, Dex Media and DIRECTV
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, January 6, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Denny's (NASDAQ: DENN), Destination Maternity (NASDAQ: DEST), Destination XL (NASDAQ: DXLG), Dex Media (NASDAQ: DXM), and DIRECTV (NASDAQ: DTV). 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):
DENN Research Report: ( http://get.analystsreview.com/pdf/?c=Denny%27s&d=06-Jan-2015&s=DENN ),
DEST Research Report: ( http://get.analystsreview.com/pdf/?c=Destination%20Maternity&d=06-Jan-2015&s=DEST ),
DXLG Research Report: ( http://get.analystsreview.com/pdf/?c=Destination%20XL&d=06-Jan-2015&s=DXLG ),
DXM Research Report: ( http://get.analystsreview.com/pdf/?c=Dex%20Media&d=06-Jan-2015&s=DXM ),
DTV Research Report: ( http://get.analystsreview.com/pdf/?c=DIRECTV&d=06-Jan-2015&s=DTV ).
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Analyst Update: Updated Facility, Financial Results, Organizational Restructuring, and New Services
Reviewed by: Rohit Tuli, CFA®
The US markets rattled on Monday and ended the day in red amid an indiscriminate sell-off triggered by a renewed plunge in crude oil prices which plummeted below $50 a barrel. The Dow Jones Industrial Average crushed 1.86%, to finish the day at 17,501.65. NASDAQ Composite edged 1.57% lower to 4,652.57 while S&P 500 suffered its largest one-day decline in three months, closing at 2,020.58, down 1.83%. The European markets also ended on a negative note as concerns over a potential Greek exit of the Eurozone continued to weigh on sentiment. Weakness in the Euro further dented investor confidence as the currency dropped to a 9-year low against the dollar on expectations of fresh European Central Bank stimulus. The Chinese shares however maintained their bullish tone on hopes of fresh measures from the government to kickstart the economy. Overall, the Asian markets finished the day on a mixed note.
Denny's Corporation (Denny's) has reopened its Las Vegas restaurant located at 3397 South Las Vegas Boulevard ahead of its originally scheduled 2015 opening date. The restaurant closed in January 2014 for reconstruction and has been updated with interior scheme based upon Denny's warm and hospitable Heritage design.
Destination Maternity Corporation (Destination Maternity) reported its Q4 FY 2014 results. Net sales for the quarter (period ended September 30, 2014) arrived at $122.0 million, down 4.8% YoY, while for FY 2014, the same stood at $517.0 million, down 4.3% YoY.
Destination XL Group, Inc. (Destination XL) reported strong third-quarter fiscal 2014 results driven by a sixth consecutive quarter of double-digit comparable sales increases at its DXL stores. EBITDA for the quarter was $0.3 million compared with a negative EBITDA of $1.8 million for Q3 FY 2013.
Dex Media, Inc. (Dex Media) has announced organizational restructuring which will result in run-rate estimated annual structural savings between $130 million to $150 million with $90 million to $110 million to be realized in 2015.
The introduction of Yaveo, a Spanish-language over-the-top streaming entertainment service by DIRECTV, has provided the U.S. Hispanic community with new way to access Spanish-language programming from the U.S., Latin America and Spain.
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About Analysts Review
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Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor 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.
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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