NEW YORK, May 7, 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 LinkedIn Corporation (NYSE: LNKD), Yum! Brands, Inc. (NYSE: YUM), Tuesday Morning Corporation (NASDAQ: TUES), Calpine Corp. (NYSE: CPN), and MRC Global, Inc. (NYSE: MRC). 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):
LNKD Research Report: ( http://get.analystsreview.com/pdf/?c=LinkedIn&d=07-May-2015&s=LNKD ),
YUM Research Report: ( http://get.analystsreview.com/pdf/?c=Yum%20Brands&d=07-May-2015&s=YUM ),
TUES Research Report: ( http://get.analystsreview.com/pdf/?c=Tuesday%20Morning&d=07-May-2015&s=TUES ),
CPN Research Report: ( http://get.analystsreview.com/pdf/?c=Calpine&d=07-May-2015&s=CPN ),
MRC Research Report: ( http://get.analystsreview.com/pdf/?c=MRC%20Global&d=07-May-2015&s=MRC ).
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Analyst Update: Releases of Quarterly Financial Results
U.S. stocks closed lower on Wednesday after Federal Reserve Chairwoman Janet Yellen warned investors over elevated valuations of U.S stocks and associated potential risks. The Dow Jones Industrial Average fell 0.48%, to close at 17,841.98, the S&P 500 fell 0.45%, to 2,080.15, and the NASDAQ Composite ended the session at 4,919.64, down 0.40%. Reflecting Janet Yellen's statement, European stocks saw only a modest gain on Wednesday. Germany's DAX 30 gained 0.20%, France's CAC 40 rose 0.15%, and the London's FTSE 100 closed only 0.09% higher on Wednesday. Meanwhile, Asian markets faltered again on Wednesday, depressed by weak earnings in Australia and disappointing U.S. economic data. The Shanghai Composite, Australia's S&P ASX and South Korea's KOSPI all closed lower on Wednesday.
On April 30, 2015, LinkedIn Corporation came out with its financial results for the first quarter of 2015. The first quarter revenues reported by the Company were $638 million which was an increase of 35% YoY compared to $473 million in Q1 2014. LinkedIn's Non-GAAP net income for the first quarter was $73 million, versus a figure of $47 million in Q1 2014.
Bloomberg has reported that the Board of Directors of Yum! Brands Inc. have declared a dividend of $0.41 per share of common stock. According to the report dated May 1, 2015, the Company intends to distribute the quarterly dividend on August 7, 2015 to shareholders of record at the close of business as on July 17, 2015.
On April 30, 2015, Tuesday Morning Corporation announced its financial results for the third quarter ended March 31, 2015. The Company reported net sales of $189.7 million for Q3 FY 2015 versus $182.8 million in Q3 FY 2014. The Company greatly improved on its operating loss for the quarter as its reported figure of ($2.1) million was an improvement of 72% over the previous year's quarter where the Company had reported a loss of $7.6 million.
On May 1, 2015, Calpine Corporation announced its financial and operating results for Q1 2015. The Company generated a record high of 26 million MWh of electricity in Q1 2015. Calpine also delivered a strong fleetwide starting reliability of 98%. The Company reported a net loss of $10 million or loss per share of $0.03 for Q1 2015, versus a net loss of $17 million or $0.04 per diluted share in Q1 2014.
MRC Global reported its financial results for the first quarter 2015 on April 30, 2015. The Company reported a net income of $29.1 million or $0.28 per diluted share versus a reported net income of $23.5 million or $0.23 per diluted share for Q1 2014. MRC's U.S. and International sales were $971.8 million and $201.1 million which showed an increase of 2.5% and 5%, respectively, over the reported figures for Q1 2014.
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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.
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