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
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Consumers increasingly expect their electronic "things" to be connected to smart phones, tablets and the Internet. When that thing happens to be a medical device, the risks and benefits of connectivity must be carefully weighed. Once the decision is made that connecting the device is beneficial, medical device manufacturers must design their products to maintain patient safety and prevent compromised personal health information in the face of cybersecurity threats. In his session at @ThingsExpo...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.