NEW YORK, December 24, 2014 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Boingo Wireless (NASDAQ: WIFI), Bona Film Group (NASDAQ: BONA), Books-A-Million (NASDAQ: BAMM), Bravo Brio (NASDAQ: BBRG), and Buffalo Wild Wings (NASDAQ: BWLD). 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):
WIFI Research Report: http:/get.analystsreview.com/pdf/?c=Boingo%20Wireless&d=24-Dec-2014&s=WIFI ),
BONA Research Report: ( http://get.analystsreview.com/pdf/?c=Bona%20Film%20Group&d=24-Dec-2014&s=BONA ),
BAMM Research Report: ( http://get.analystsreview.com/pdf/?c=Books-A-Million&d=24-Dec-2014&s=BAMM ),
BBRG Research Report: ( http://get.analystsreview.com/pdf/?c=Bravo%20Brio&d=24-Dec-2014&s=BBRG ),
BWLD Research Report: ( http://get.analystsreview.com/pdf/?c=Buffalo%20Wild%20Wings&d=24-Dec-2014&s=BWLD ).
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Analyst Update: Agreements, Upcoming Events, Financial Results, Tender Results, and Fundraising 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.
Boingo Wireless, Inc. (Boingo Wireless) and Time Warner Cable (TWC) launched the first reciprocal Passpoint roaming agreement in the world. Under the agreement, Boingo subscribers and qualified TWC Internet customers can easily connect to secure WiFi networks at thousands of locations, including 25 of the highest traffic airports in the U.S.
Bona Film Group Limited (Bona Film Group) to hold its annual general meeting of shareholders on December 29, 2014 at 10:00 a.m. Beijing time. Earlier, the Company reported strong Q3 2014 financial results with net revenue of $100.0 million, up 186% YoY.
Books-A-Million, Inc. (Books-A-Million) reported improved third-quarter fiscal 2014 (period ended November 1, 2014) results with solid sales performance in its retail stores. Total revenue increased 1.2% YoY to $101.2 million. Comparable store sales for the quarter increased 1.8% compared with the corresponding period in the prior year.
Bravo Brio Restaurant Group, Inc. (Bravo Brio) announced the final results of its modified "Dutch Auction" tender offer for the purchase of up to $50 million in value of its common shares. The Company has accepted to purchase an aggregate of 3,571,431 of its common shares at a purchase price of $14.00 per share, for an aggregate cost of $50.0 million, excluding fees and expenses.
Buffalo Wild Wings, Inc.'s (Buffalo Wild Wings) restaurants, along with Guests, have raised $780,000 during its annual fundraising promotion in October 2014 - nearly double the amount raised in 2013. The contribution will develop team sports opportunities for approximately 35,000 kids at their local Boys & Girls Clubs across the country in 2015.
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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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