NEW YORK, October 29, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Dell Inc. (NASDAQ: DELL), Lexmark International Inc. (NYSE: LXK), Logitech International SA (NASDAQ: LOGI), Ruckus Wireless, Inc. (NYSE: RKUS), and Silver Spring Networks, Inc. (NYSE: SSNI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Dell Inc. Research Report
On October 18, 2013, Dell Inc.'s (Dell) Board of Directors declared a special cash dividend in the amount of $0.13 per common share, contemplated by the revised definitive merger agreement with affiliates of Michael Dell and Silver Lake Partners. The Company informed that the record date for the special dividend will be close of business on October 28, 2013. Dell stated that the dividend is conditioned upon the closing of the pending merger transaction and will be paid immediately after the closing of the said transaction, which is expected to occur before the end of Q3 FY 2014 (period ending November 1, 2013). The Full Research Report on Dell Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6072_DELL]
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Lexmark International Inc. Research Report
On October 22, 2013, Lexmark International Inc. (Lexmark) reported its Q3 2013 financial results with revenue totaling $890.5 million, down 3.1% YoY. Net earnings stood at $28.5 million or $0.45 per diluted share, compared to nil net earnings in Q3 2012. Paul Rooke, Lexmark's Chairman and CEO, commented, "In the third quarter, Lexmark continued solid execution of our strategy of transforming to an end-to-end solutions provider, and delivered revenue that exceeded our July guidance range, EPS at the top of the range and also strong free cash flow. Lexmark is continuing to increase shareholder value through acquisitions and organic investments that are accelerating our transition to a higher value solutions portfolio, and through the ongoing capital return of more than 50 percent of free cash flow." Lexmark stated that for Q4 2013, it expects total revenue to decline by 3% to 5% YoY and anticipates EPS in the range of $0.57-$0.67. The Full Research Report on Lexmark International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/474b_LXK]
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Logitech International SA Research Report
On October 23, 2013, Logitech International Inc. (Logitech) reported its Q2 FY 2014 financial results (Period ended September 30, 2013). The Company reported total revenues of $532 million for the quarter, down 2.9% YoY. Operating income totaled $17.2 million compared to $23.8 million in Q2 FY 2014. Net income was reported at $14.4 million or $0.09 compared to c.$54.5 million or $0.35 per diluted share in Q2 FY 2013. Commenting on the results, Logitech President and CEO Bracken P. Darrell said, "Our growth categories performed well during the first half. Combined, tablet accessories, gaming and wireless speakers grew about 36 percent year over year. Although we have more work in front of us, I am confident that we are on track with our turnaround strategy." The Company stated that it anticipates full-year FY 2014 revenues to be approximately $2 billion and operating income of approximately $50 million. The Full Research Report on Logitech International SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2481_LOGI]
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Ruckus Wireless, Inc. Research Report
On October 23, 2013, Ruckus Wireless Inc. (Ruckus) announced that its Smart Wi-Fi products and technology has been selected by LaBarge Coating LLC - a manufacturer of pipe coating for oil and gas companies, to better enable and support its supply chain management, including its post-sale customer pipeline tracing service. Ruckus stated that its new Smart Wi-Fi infrastructure supports LaBarge Coating LLC's two coating plants and adjoining pipe storage yards located in the greater Houstan, Texas area, and a new coating plant. The Full Research Report on Ruckus Wireless, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/51ae_RKUS]
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Silver Spring Networks, Inc. Research Report
On October 22, 2013, Silver Spring Networks Inc. (Silver Spring Networks) announced the integration of solar inverters with its Smart Energy Platform at Solar Power International 2013. The Company stated that its standards-based networking platform and CustomerIQ™ consumer engagement solution with photovoltaic (PV) enhancements have been selected by the University of Hawaii at Manoa's Hawaii Natural Energy Institute (UH-HNEI) for solar integration projects in Hawaii, New Jersey, and the District of Columbia, as part of the U.S. Department of Energy's SunShot Initiative. Raj Vaswani, Chief Technology Officer, Silver Spring Networks, commented, "The integration of renewable energy is becoming more prominent every day - residential PV penetration is estimated to double over the next few years. Together with UH-HNEI and our partners we're taking a holistic approach that unlocks benefits for both users and utilities." Dr. Richard Rocheleau, Director of UH-HNEI added, "Silver Spring has a long track record of proven networking technology innovation and commitment to open standards. Their Smart Energy Platform is a critical element of this innovative project and is helping the industry further integrate renewable energy sources into the grid." The Full Research Report on Silver Spring Networks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d67f_SSNI]
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