NEW YORK, February 26, 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 IPC (NASDAQ: PTNT), Kingold (NASDAQ: KGJI), Limelight (NASDAQ: LLNW), Lionbridge (NASDAQ: LIOX), and Liquidity Services (NASDAQ: LQDT). 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):
PTNT Research Report: ( http://get.analystsreview.com/pdf/?c=IPC&d=26-Feb-2015&s=PTNT ),
KGJI Research Report: ( http://get.analystsreview.com/pdf/?c=Kingold&d=26-Feb-2015&s=KGJI ),
LLNW Research Report: ( http://get.analystsreview.com/pdf/?c=Limelight&d=26-Feb-2015&s=LLNW ),
LIOX Research Report: ( http://get.analystsreview.com/pdf/?c=Lionbridge&d=26-Feb-2015&s=LIOX ),
LQDT Research Report: ( http://get.analystsreview.com/pdf/?c=Liquidity%20Services&d=26-Feb-2015&s=LQDT ).
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Analyst Update: Special Meetings, Approvals, Financial Results, and New Contracts
Reviewed by: Rohit Tuli, CFA®
U.S. stock markets witnessed a mixed trend on Wednesday as the Dow inched further into record territory but the Nasdaq broke its 10-day winning streak. The Dow Jones Industrial Average rose 15.38 points, or 0.08%, to 18224.57. The S&P 500 lost 1.62 points to 2113.86, while the Nasdaq Composite declined 0.98 points, or 0.02%, to 4967.14. Trading was relatively subdued ahead of the release of economic data on Thursday, as investors reviewed the latest corporate earnings news and digested remarks by Fed Chair. European stocks were down as mixed corporate results halted the rally that had propelled FTSE 100 and DAX to record highs. FTSE 100 was down 0.21% to 6935.38. Chinese stocks climbed to a four-week high amid speculation the nation will do more to support economic growth. China's HSBC/Markit Purchasing Managers' Index (PMI) inched up to 50.1 in February. Economists polled by Reuters had forecast a reading of 49.5, little changed from January's final PMI of 49.7. Japan's key Nikkei 225 index fell 0.1% and Australia's benchmark S&P ASX 200 index gained 0.3%.
Internet Patents Corporation (IPC) has scheduled a special meeting of stockholders on March 17, 2015, at 9:00 a.m. PT at the Company's headquarters. The purpose of the meeting is to consider and vote on the previously announced proposed acquisition of Prism Technologies, LLC ("Prism") and the issuance of IPC common stock pursuant to the Merger Agreement.
Kingold Jewelry Inc. (Kingold) has received an approval from the Wuhan Housing Security and Management Bureau in Wuhan, China, to pre-sell certain commercial units within the Kingold Jewelry International Industrial Park (the "Jewelry Park"). Kingold expects to complete the Jewelry Park within the previously announced timeframe, and plans to schedule a grand opening ceremony in December 2015.
Limelight Networks, Inc. (Limelight) announced its Q4 and full-year 2014 financial results in the first week of February 2015. For the quarter, revenue stood at 40.7 million versus $42.2 million in the comparable prior year quarter. Non-GAAP net loss lowered to $2.1 million or $0.02 per basic share versus Non-GAAP net loss of $5.1 million or $0.05 per share in Q4 2013. The Company also provided guidance for 2015.
Lionbridge Technologies, Inc. (Lionbridge) posted 2014 financial results with revenue of $490.6 million, a slight increase of 0.3% from 2013. Net income stood at $8.1 million or $0.13 per diluted share compared to $11.6 million or $0.19 per diluted share in 2013.
Defense Logistics Agency (DLA) has awarded Liquidity Services Inc. (Liquidity Services) - a global solution provider in the reverse supply chain, a six-month contract extension plus three 30-day option periods, exercisable by the DLA, for its Surplus Contract. The announcement was made on 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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