NEW YORK, February 17, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Moments ago, Analysts Review released new research updates concerning several important developing situations including Freescale Semiconductor (NYSE: FSL), Petrobras (NYSE: PBR), Helmerich & Payne (NYSE: HP), PPG Industries (NYSE: PPG), and Zillow (NASDAQ: Z). 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):
FSL Research Report: ( http://get.analystsreview.com/pdf/?c=Freescale%20Semiconductor&d=17-Feb-2015&s=FSL ),
PBR Research Report: ( http://get.analystsreview.com/pdf/?c=Petrobras&d=17-Feb-2015&s=PBR ),
HP Research Report: ( http://get.analystsreview.com/pdf/?c=Helmerich%20%26%20Payne&d=17-Feb-2015&s=HP ),
PPG Research Report: ( http://get.analystsreview.com/pdf/?c=PPG%20Industries&d=17-Feb-2015&s=PPG ),
Z Research Report: ( http://get.analystsreview.com/pdf/?c=Zillow&d=17-Feb-2015&s=Z ).
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Analyst Update: Potential Sale, Market Speculations, Recognition, and Earnings Results
Reviewed by: Rohit Tuli, CFA®
The majority of the European markets closed lower on Monday, February 16, ahead of an announcement from the meeting of Eurozone finance ministers in Brussels. However, their discussion over a new financing arrangement for Greece broke down abruptly, showing a wide gap between Athens and its official creditors while also triggering a period of heightened uncertainty about Greece's future inside the currency bloc. The discussion ended after Greece rejected an extension of its current 240-billion-euro ($272 billion) bailout program under the conditions being offered by other ministers. The Euro Stoxx 50 decreased by 0.41 % to 3,433.30, the CAC 40 fell by 0.16 % to 4751.95 and the FTSE 100 was down by 0.24 % to 6857.05. However, the Asian markets ended higher on Monday. Japanese shares rallied to an eight-year high on Monday, on Greece deal hopes and after official data confirmed that Japan's economy pulled out of recession in the last quarter of last year. Chinese market also closed higher, after official data showed that China's foreign direct investment surged in January. US markets were closed on Monday on account of President's Day.
Shares of Freescale Semiconductor Ltd (Freescale Semiconductor) jumped 8.16% on the last close on Friday, February 13, hitting a new 52-week high on reports that the supplier of embedded processors is engaged in sales talks. To know more about the potential sales transaction, read our research report on Freescale Semiconductor.
Shares of Brazilian state-owned energy company Petrobras rose as much as 8% on Friday before settling 6.7% higher at $6.98 on above average trading volumes. The shares surged despite the announcement by offshore oil driller Seadrill that it would trim $1.1 billion in Petrobras orders from its backlog. To know what caused the shares to rise, please read our research report on Petrobras.
Shares of Helmerich & Payne, Inc. (Helmerich & Payne) increased 5.49% to end Friday's trading session at $69.58, adding gains to the The Philadelphia Oil Service Index on continued increase of crude oil prices. Recently, the Company was also named as one of the top rank holders by EnergyPoint Research in its recently released 2014 Oilfield Products & Services Customer Satisfaction Survey. Continue reading about the recent happenings in Helmerich & Payne in our research report.
PPG Industries, Inc. (PPG Industries) shares rose 1.60% to close the session at $236.77 and touched a new 52-week high of $236.85 on February 13, 2015. The stock has rose 4.67% since January 15, 2015, the day the Company released its financial results. The Company registered record net sales of $3.7 billion with a growth of 5.9% YoY during the quarter. Read more on PPG Industries' financial performance in our research report.
A provider of e-commerce service, Zillow Inc. (Zillow) in its Q4 2014 financial results posted revenue that surpassed Wall Street expectations. For Q4 FY 2014, revenue stood at $92.3 million up 58 % YoY versus average analysts' estimate of $89.9 million, according to data compiled by Bloomberg. The Company also anticipates its prior announced acquisition of Trulia Inc. to close as early as Tuesday, February, 17, 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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