NEW YORK, January 30, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Overstock.com (NASDAQ: OSTK), Pacific Sunwear (NASDAQ: PSUN), Panera (NASDAQ: PNRA), Pangaea (NASDAQ: PANL), and Papa John's (NASDAQ: PZZA). 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):
OSTK Research Report: ( http://get.analystsreview.com/pdf/?c=Overstock.com&d=30-Jan-2015&s=OSTK ),
PSUN Research Report: ( http://get.analystsreview.com/pdf/?c=Pacific%20Sunwear&d=30-Jan-2015&s=PSUN ),
PNRA Research Report: ( http://get.analystsreview.com/pdf/?c=Panera&d=30-Jan-2015&s=PNRA ),
PANL Research Report: ( http://get.analystsreview.com/pdf/?c=Pangaea&d=30-Jan-2015&s=PANL ),
PZZA Research Report: ( http://get.analystsreview.com/pdf/?c=Papa%20John%27s&d=30-Jan-2015&s=PZZA ).
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Analyst Update: Patent Infringement Rulings, Delivery of Vessels, Monthly Sales Results, and Operational Progress
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks finished higher on Thursday as a late afternoon rally in crude oil prices helped energy shares erase their decline, while better-than-expected earnings reports boosted consumer stocks. The Dow Jones Industrial Average rose 1.31% to close at 17,416.85, the S&P 500 advanced 0.95% to close at 2,021.25, and the Nasdaq Composite gained 0.98% to end at 4,683.41. In Europe, markets ended lower as investors fretted over the worsening health of Euro zone economy after some heavyweight energy firms reported weaker-than-expected profits. The U.S. central bank's statement on Wednesday, indicating U.S. rate increases were still likely this year, also weighed upon investor sentiments. Meanwhile, Greek stocks markets steadied on Thursday, following a huge post-election sell-off, helped by rally in the bank stocks. Asian stocks also ended lower on Thursday after Federal Reserve's statement and slump in the oil prices.
Overstock.com, Inc. (Overstock.com) to appeal the $4 million verdict rendered on Friday, January 16, 2015 in a patent infringement case in Marshall, Texas. The verdict relates to a case filed without prior notice by the plaintiff, Droplets, in 2011.
Pacific Sunwear of California, Inc.'s (Pacific Sunwear) December 2014 Comparable Store net sales increased 9% YoY. Based on the December results, the Company raised its financial outlook for fourth quarter of fiscal 2014.
Panera Bread Company (Panera) reported its progress on improving animal welfare for poultry and livestock following the Company's Food Policy introduction in June. The Company has shared its actions on further reduction of antibiotic usage and confinement for farm animals in its U.S. supply chain for Panera Bread and St. Louis Bread Company bakery-cafes, as part of its commitment to have a positive impact on the food system and provide transparency.
Pangaea Logistics Solutions Ltd. (Pangaea) announced the delivery of the Nordic Oshima, a 76,180 dwt ice-class 1A panamax dry bulk carrier. The Company took delivery of the vessel on September 25, 2014 from Oshima Shipbuilding Co., Ltd. Nordic Oshima is currently on a sixty-day repositioning charter from Japan to Finland and will take the North Sea Route (NSR) instead of Panama Canal.
Papa John's International, Inc. (Papa John's) announced that digital and mobile channels account for more than 50% of its total U.S. sales (delivery and carryout), making it the first in the industry to surpass this milestone. The Company also announced the acceptance of Google Wallet Instant Buy as a payment method for delivery and carry-out orders placed through the Android app.
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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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