NEW YORK, March 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 LogMeIn (NASDAQ: LOGM), Magic Software (NASDAQ: MGIC), Majesco Entertainment (NASDAQ: COOL), MAM Software (NASDAQ: MAMS), and Manhattan Associates (NASDAQ: MANH). 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):
LOGM Research Report: ( http://get.analystsreview.com/pdf/?c=LogMeIn&d=17-Mar-2015&s=LOGM ),
MGIC Research Report: ( http://get.analystsreview.com/pdf/?c=Magic%20Software&d=17-Mar-2015&s=MGIC ),
COOL Research Report: ( http://get.analystsreview.com/pdf/?c=Majesco%20Entertainment&d=17-Mar-2015&s=COOL ),
MAMS Research Report: ( http://get.analystsreview.com/pdf/?c=MAM%20Software&d=17-Mar-2015&s=MAMS ),
MANH Research Report: ( http://get.analystsreview.com/pdf/?c=Manhattan%20Associates&d=17-Mar-2015&s=MANH ).
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Analyst Update: Recognitions, Acquisitions, Partnerships, and Quarterly Financial Results
Reviewed by: Rohit Tuli, CFA®
U.S. stocks closed higher on Monday, rebounding after three consecutive weeks of declines, as dollar weakened and investors looked ahead to the Federal Reserve's policy meeting this week. The Dow Jones Industrial Average advanced 228.11 points, or 1.3%, to 17977.42, the S&P 500 gained 27.79 points, or 1.4%, to 2081.19, and the NASDAQ Composite added 57.75 points, or 1.2%, to settle at 4929.51. The European markets also rallied on Monday on continued expectations that the region's economy will benefit from a weakened euro. The pan-European FTSEurofirst 300 index gained 1%, Germany's DAX was up 2.2%, and France's CAC-40 rose 1%. In Asia, Chinese stocks surged a day after Premier Li Keqiang was quoted by official news agency as saying policymakers have "fairly ample room" and a "host of policy instruments" to boost economic growth if it slows more than expected.
LogMeIn, Inc.'s (LogMeIn) join.me, the simple and instant online meeting and collaboration solution, was recognized as a "market disruptor" in a new Global Web Conferencing report by Frost & Sullivan. The report also found that join.me is the fastest growing web conferencing product on the market with more than 100% YoY growth.
Magic Software Enterprises Ltd. (Magic Software) has entered into a definitive agreement to acquire a 70% stake, with an option to increase the holding to 100%, in a profitable Israeli-based company that specializes in software professional services for mainframes and complex large-scale environments.
Majesco Entertainment Company (Majesco Entertainment) narrowed its operating loss in Q4 FY 2014 to $3.5 million from operating loss of $4.5 million in Q4 FY 2013. Net loss for the quarter was $5.4 million compared to a net loss of $4.6 million in Q4 FY 2013, while net revenues stood at $6.3 million compared to $10.1 million in Q4 FY 2013.
MAM Software Group, Inc. (MAM Software) has agreed to a strategic partnership with Phocas Software (Phocus), one of the world's leading providers of business intelligence solutions. The Partnership will offer a solid business intelligence tool powered by Phocas that seamlessly integrates with MAM business management systems to provide businesses with the means to analyze and report on key data.
Manhattan Associates, Inc. (Manhattan Associates) has included Deloitte, Fortna, Honeywell-Vocollect and Kurt Salmon to the Manhattan Partner Performance Club in recognition of their 2014 contributions to customer engagements. The announcement was made by the Company at Manhattan's annual Global Kickoff in Atlanta at the Georgia Tech Hotel & Convention Center.
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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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