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Financial Results, New Appointments, and Resignations - Research Report on Nordstrom, Finish Line, Gray Television, Envestnet, and SYNNEX

Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, July 9, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting Nordstrom Inc. (NYSE: JWN), Finish Line Inc. (NASDAQ: FINL), Gray Television Inc. (NYSE: GTN), Envestnet, Inc. (NYSE: ENV), and SYNNEX Corp. (NYSE: SNX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Nordstrom Inc. Research Report

On June 26, 2013, Nordstrom Inc. (Nordstrom) announced the appointment of Brad Smith, President and Chief Executive Officer of Intuit Inc., to the Company's Board of Directors. Upon his appointment, Nordstrom's number of directors have increased to 12, of which nine serve as independent directors. According to Enrique Hernandez, Jr., Chairman of the Board of Directors for Nordstrom, "Brad adds to the already strong talent and diverse expertise represented on our Board. In addition to his corporate governance experience as a public company director, he brings an impressive track record of leading a successful customer-driven business with a reputation for developing innovative products and solutions. We're delighted to have him on our team and look forward to his contribution as we work to improve the service experience and extend our reputation with customers and shareholders alike." The Full Research Report on Nordstrom Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/7b70_JWN]

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Finish Line Inc. Research Report

On June 28, 2013, Finish Line Inc. (Finish Line) reported its financial results for Q1 FY 2014 (period ended June 1, 2013). The Company's consolidated net sales went up by 10.0% YoY to $351.1 million. As of June 1, 2013, the consolidated merchandise inventories of the Company increased by 23.7% YoY to $292.6 million, due to the start-up of the Macy's business. As stated by Glenn Lyon, Chairman and Chief Executive Officer of the Company, "Strategically, the quarter was marked by significant progress on our key growth initiatives including the well-received launch of our Macy's business in stores and online and the expansion of the Running Specialty Group footprint with the acquisition of some very productive doors." The Full Research Report on Finish Line Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/c5ca_FINL]

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Gray Television Inc. Research Report

On June 21, 2013, Gray Television Inc. (Gray Television) announced the resignation of its President and Chief Operating Officer, Robert S. Prather, Jr., from all positions held by him with the Company, effective immediately. Following Robert's resignation, the Company has appointed Hilton H. Howell, Jr., the Company's Chief Executive Officer, to also serve as the new President of Gray Television. "I want to thank Bob Prather for his service to the Company. As we continue to move ahead, I am looking forward to continuing to work closely with our corporate leadership team, as well as all the other members of Gray's outstanding operational leadership team at our television stations. This is an exciting and dynamic time in the television broadcasting industry, and after our record year in 2012 we continue to be on track for a very solid year in 2013," commented Howell, Jr. The Full Research Report on Gray Television Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/4f1e_GTN]

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Envestnet, Inc. Research Report

On June 25, 2013, Envestnet|Tamarac, a part of the Envestnet, Inc. (Envestnet), announced that Advisor Rebalancing will be the first third-party rebalancing application to be included on the Schwab Intelligent Integration platform for registered investment advisors. With Advisor Rebalancing, Tamarac Advisor Xi suite will serve as an integrated option for advisors that custody with Schwab. "Tamarac's integrated RIA platform is uniquely positioned to enable advisors to run a more profitable practice," said Stuart DePina, Group President, Envestnet | Tamarac. He added, "Advisor Xi integrates enterprise-level portfolio and client management applications with real-time custodial data and trade processing into a single web-based and custodian-agnostic solution. The level of integration we deliver means dramatically streamlined RIA business processes, which translates to greater scale, accuracy, and revenue for advisors." The Full Research Envestnet, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3a24_ENV]

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SYNNEX Corp. Research Report

On June 25, 2013, SYNNEX Corp. (SYNNEX) announced its financial results for Q2 FY 2013 (period ended May 31, 2013). The Company's revenue was $2.6 billion, a 4.4% YoY increase. Operating income was down at $52.0 million, a decline of 12.4% YoY. The Company's diluted EPS went down to $0.81, compared to $0.90 in Q2 FY 2012. According to Kevin Murai, President and Chief Executive Officer of SYNNEX, "I am pleased to report healthy quarterly results highlighted by stronger than expected sales in our distribution segment, and continued strong growth in our Concentrix business." Murai added, "With recent signs of economic strengthening, we anticipate that IT demand will slowly improve but remain somewhat mixed across products and geographies." The Full Research Report on SYNNEX Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/bf5e_SNX]

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  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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