NEW YORK, December 24, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Builders FirstSource (NASDAQ: BLDR), CACHE (NASDAQ: CACH), Caesars Acquisition Company (NASDAQ: CACQ), Universal Display (NASDAQ: OLED), and CafePress (NASDAQ: PRSS). 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):
BLDR Research Report: ( http://get.analystsreview.com/pdf/?c=Builders%20FirstSource&d=24-Dec-2014&s=BLDR ),
CACH Research Report: ( http://get.analystsreview.com/pdf/?c=CACHE%20Inc.&d=24-Dec-2014&s=CACH ),
CACQ Research Report: ( http://get.analystsreview.com/pdf/?c=Caesars%20Acquisition%20Company &d=24-Dec-2014&s=CACQ ),
OLED Research Report: ( http://get.analystsreview.com/pdf/?c=Universal%20Display&d=24-Dec-2014&s=OLED ),
PRSS Research Report: ( http://get.analystsreview.com/pdf/?c=CafePress&d=24-Dec-2014&s=PRSS ).
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Analyst Update: New Facilities, Business Combinations, Mergers, Recognitions, and CSR Activities
Reviewed by: Rohit Tuli, CFA®
The U.S. stock markets on Tuesday closed mostly higher with the Dow Jones Industrial Average (DJIA) closing above 18,000 for the first time, amidst positive data, which showed that economic activity in third quarter expanded at its fastest pace since Q3 2003. The DJIA closed at 18,024.17, up 0.36%, while the S&P 500 closed at record high of 2,082.2, up 0.17%. The NASDAQ, however, ended the day in red, down 0.33% at 4,765.4. The U.S. markets got a boost from the revised Q3 GDP growth data, which showed that the Country's GDP accelerated to an annualized rate of 5.0%, up from 3.9%, predicted earlier. European stocks too rose, buoyed by positive across the Atlantic, even though a fall in Greek stocks kept a lid on gains. The stocks were also helped by positive economic news from Spain and Portugal. The Bank of Spain raised its economic forecast, while Portugal's budget deficit shrank to 4.3% of its GDP in the 12 months to the end of September, from 4.8% a year earlier. The Asian stock markets ended the day on a mixed note with lower trading volumes ahead of Christmas holiday.
Builders FirstSource, Inc (Builders FirstSource) opened a new distribution facility in Conroe, Texas, and announced the relocation of its existing San Antonio, Texas distribution facility due to an expiring lease. The Conroe facility is an 11.5 acre site that includes 60,000 square feet of warehouse, showroom and office space and is located on the I-45 corridor approximately 40 miles north of downtown Houston.
CACHÉ, Inc. (CACHE) announced that it has received an inquiry from a third party regarding a potential sale of the Company which is being handled by CACHÉ's financial advisor Janney Montgomery Scott LLC. The Board has determined to explore and evaluate strategic alternatives including a possible merger, sale or other form of business combination.
Caesars Acquisition Company (Caesars Acquisition), along with Caesars Entertainment Corporation (Caesars Entertainment), announced that they have entered into a definitive agreement to merge in an all-stock transaction. The merged company will be one of the largest gaming and entertainment companies in the world.
Universal Display Corporation (Universal Display) featured on Deloitte's Technology Fast 500 for the tenth consecutive year. In the latest rankings, the Company was ranked 140, up from 170 ranked in the previous year.
CafePress Inc. (CafePress), along with the U.S. Marine Corps Reserve Toys for Tots Foundation, Hasbro and My Life Games LLC have launched a collaborative effort to provide needy children with toys at the holidays.
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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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SOURCE: AnalystsReview.com
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