Welcome!

News Feed Item

Earnings Releases, Stock Price Movements, Acquisitions, and New Product Launches - Analyst Notes on Acuity Brands, SunEdison, Stratasys, TE Connectivity, and Xilinx

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

NEW YORK, April 8, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Acuity Brands, Inc. (NYSE: AYI), SunEdison, Inc. (NYSE: SUNE), Stratasys Inc. (NASDAQ: SSYS), TE Connectivity Ltd. (NYSE: TEL), and Xilinx Inc. (NASDAQ: XLNX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

--

Acuity Brands, Inc. Analyst Notes 

On April 2, 2014, Acuity Brands, Inc. (Acuity Brands) reported its Q2 FY 2014 financial results (period ended February 28, 2014). The Company registered a 12.2% increase in net sales to $546.2 million in Q2 FY 2014, while net income for the quarter came in at $32.7 million or $0.75 per diluted share, versus $24.7 million or $0.57 per diluted share in Q2 FY 2013. The Company attributed the increase in net sales to a 13% increase in sales volume, which was partially offset by a net unfavorable currency exchange rate, primarily a weaker Canadian Dollar. Commenting on the business outlook, Vernon J. Nagel, Chairman, President, and CEO, said, "Our outlook remains positive. Third-party forecasts and leading indicators suggest that the growth rate for the North American lighting market, which includes renovation and retrofit activity, will be in the mid-to-upper single digit range during 2014." In a separate press release, on March 28, 2014, the Company declared a quarterly dividend of $0.13 per share. The dividend is payable on May 1, 2014 to shareholders of record on April 17, 2014. The full analyst notes on Acuity Brands, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/AYI/report.pdf

--

SunEdison, Inc. Analyst Notes 

On March 31, 2014, SunEdison, Inc. (SunEdison) announced closing of the private equity financing for its 50.7 MWp solar power plant (known as "San Andres") located in the Atacama Region of Chile, with a group of investors led by EverStream Energy Capital Management LLC ("EverStream") and Claro y Asociados ("Claro"). Developed by SunEdison, the San Andres project reached commercial operation on March 14, 2014, and is the largest merchant solar power plant in Latin America. SunEdison stated that it will retain a partial equity position in the project. San Andres is distributing energy directly into the Central Interconnected System and selling the energy on a merchant basis, with prices determined by the spot market instead of a long term off-take contract. The full analyst notes on SunEdison, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/SUNE/report.pdf

--

Stratasys Inc. Analyst Notes 

On April 2, 2014, Stratasys Inc. (Stratasys) announced that the Company has signed an agreement to acquire two privately-held companies, Solid Concepts Inc. (Solid Concepts) and Harvest Technologies. Both Solid Concepts and Harvest Technologies are providers of additive manufacturing services. With the acquisition of these two Companies, Stratasys intends to develop a leading strategic platform focusing on meeting customers' additive manufacturing needs through an expanded technology and business offering. Stratasys will acquire Solid Concepts for a total consideration of up to $295 million, while the financial details pertaining to the acquisition of Harvest technologies, were not disclosed. The Company expects to close the transactions in Q3 2014, subject to necessary approvals. According to the Company, the transactions are expected to be accretive to Stratasys' non-GAAP EPS within the first 12 months after closing. The full analyst notes on Stratasys Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/SSYS/report.pdf

--

TE Connectivity Ltd. Analyst Notes 

On April 2, 2014, TE Connectivity Ltd (TE) announced that it has signed an agreement to acquire the Seacon group, a provider of underwater connector technology and systems, for $490 million in cash. The acquisition of Seacon Group, which serves the military marine and sub-sea sectors, is expected to boost TE's product offering for undersea applications. TE's stock gained 2.37% to close at $61.69 following the announcement. Commenting on the acquisition, Tom Lynch, TE Connectivity Chairman and CEO, said,  "The acquisition of the SEACON group expands TE's position as a leader in connectivity solutions for harsh environments and significantly strengthens our position in the high-growth oil and gas industry." The full analyst notes on TE Connectivity Ltd. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/TEL/report.pdf

--

Xilinx Inc. Analyst Notes 

On March 31, 2014, Xilinx Inc. (Xilinx) issued a press release announcing industry's first solution for "Softly" Defined Networks, expanding programmability and intelligence from the control to the data plane. According to Xilinx, the design of the programmable data plane functions is enabled by the new Software Defined Specification Environment for Networking (SDNet), with functional specifications automatically compiled into Xilinx's All Programmable FPGAs and SoCs. As per the release, in contrast to traditional SDN architectures, which employ fixed data plane hardware with a narrow southbound API connection to the control plane, Softly Defined Networks are based upon a programmable data plane with content-intelligence and a rich southbound API control plane connection. The full analyst notes on Xilinx Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04072014/XLNX/report.pdf

--


About Analysts Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

--

=============

EDITOR NOTES: 

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

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. An outsourced research services provider represented by Ananya Ghosh, CFA, 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.

NOT FINANCIAL ADVICE 

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED 

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


AnalystsReview.com

SOURCE Analysts Review

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Now that the world has connected “things,” we need to build these devices as truly intelligent in order to create instantaneous and precise results. This means you have to do as much of the processing at the point of entry as you can: at the edge. The killer use cases for IoT are becoming manifest through AI engines on edge devices. An autonomous car has this dual edge/cloud analytics model, producing precise, real-time results. In his session at @ThingsExpo, John Crupi, Vice President and Eng...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, will present an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He will expound on the industry issues he frequently came up against as an analyst, and...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.