NEW YORK, February 25, 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 Planet Payment (NASDAQ: PLPM), Points (NASDAQ: PCOM), QIWI plc (NASDAQ: QIWI), QuinStreet (NASDAQ: QNST), and Qunar (NASDAQ: QUNR). 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):
PLPM Research Report: ( http://get.analystsreview.com/pdf/?c=Planet%20Payment&d=25-Feb-2015&s=PLPM ),
PCOM Research Report: ( http://get.analystsreview.com/pdf/?c=Points&d=25-Feb-2015&s=PCOM ),
QIWI Research Report: ( http://get.analystsreview.com/pdf/?c=QIWI%20plc&d=25-Feb-2015&s=QIWI ),
QNST Research Report: ( http://get.analystsreview.com/pdf/?c=QuinStreet&d=25-Feb-2015&s=QNST ),
QUNR Research Report: ( http://get.analystsreview.com/pdf/?c=Qunar&d=25-Feb-2015&s=QUNR ).
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Analyst Update: Board Appointments, Quarterly Results, Share Repurchase Plans, Partnerships, and AGM Results
Reviewed by: Rohit Tuli, CFA®
US stocks rose to record levels on Tuesday after Federal Reserve Chair Janet Yellen suggested that the central bank is not likely to begin raising interest rates for at least the next couple monetary policy meetings; and intends a rate hike only when they are "reasonably confident" that annual inflation is moving back toward their 2 percent target. The S&P 500 gained 5.82 points, or 0.28%, to end at 2,115.48, and the Dow Jones Industrial Average edged up 92.35 points or 0.51% to 18,209.19. The tech-heavy NASDAQ advanced for the tenth straight session, up 7.15 points or 0.14% to close at 4,968.12. Meanwhile, most of Europe's benchmark stock indices closed higher on Tuesday, following reports that Eurozone finance ministers, the European Commission, the European Central Bank and the International Monetary Fund have approved Greece's request for an extended €240 billion ($273 billion) bailout. Germany's DAX 30 rose 0.67% to 11,205.74, while, FTSE 100 gained 0.54% to 6,949.63. France's CAC 40 gained 0.50% to 4,886.44.
A leading provider of international payment and transaction processing, Planet Payment, Inc. (Planet Payment), announced that its Board has appointed Carl Williams, President, CEO and a Director of Planet Payment, as Chairman of the Board of Directors, after Philip D. Beck resigned from his role of Director and as the Chairman of the Board of the Company with immediate effect.
Points International, Ltd. (Points) announced that its Board of Directors has approved the repurchase of up to 782,454 of its common shares representing approximately 5% of its issued and outstanding shares as of January 31, 2015.
QIWI plc along with MegaFon announced a strategic partnership to develop high-tech solutions in electronic payments based on a combination of the business expertise of both companies. The initial project of the partnership will be the launch of a co-branded product based on Visa QIWI Wallet technology.
QuinStreet, Inc. (QuinStreet) announced its Q2 FY 2015 financial results that exceeded its expectations. The Company narrowed its net loss to $5.5 million or $0.12 per diluted share from net loss of $44.0 million or $1.01 per diluted share in Q2 FY 2014. Net revenue stood at $66.7 million versus $66.1 million in Q2 FY 2014.
Qunar Cayman Islands Limited (Qunar) announced the results of its AGM of shareholders. At the meeting, Qunar's shareholders approved the amendment of Section 4(a) of the Company's Amended and Restated 2007 Share Plan, which was last amended on September 24, 2013.
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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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