Welcome!

News Feed Item

Recent Acquisitions, Collaborations, and Financial Results - Analyst Notes on Plug Power, Corning, Acuity Brands, TE Connectivity, and AFOP

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

NEW YORK, April 11, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Plug Power Inc. (NASDAQ: PLUG), Corning Incorporated (NYSE: GLW), Acuity Brands, Inc. (NYSE: AYI), TE Connectivity Ltd. (NYSE: TEL), and Alliance Fiber Optic Products Inc. (NASDAQ: AFOP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

--

Plug Power Inc. Analyst Notes 

On April 2, 2014, Plug Power Inc. (Plug Power) announced that it has acquired the assets of ReliOn Inc. (ReliOn) for approximately $4.0 million in Plug Power common stock. The Company stated that it expects the acquisition to be accretive to its earnings in 2015. Plug Power added that including the impact of the acquisition, it continues to expect full-year 2014 EBITDAS to be positive. "One of our objectives in 2014 is to expand our fuel cell stack technology holdings to enhance our customer offerings," said Andy Marsh, President and CEO of Plug Power. "The addition of this technology from ReliOn is a giant step in that direction and gives us a very high-performance and high-reliability stack. We're looking forward to growing this business with the talented new additions to the Plug Power team." The full analyst notes on Plug Power Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04112014/PLUG/report.pdf

--

Corning Incorporated Analyst Notes 

On March 31, 2014, Corning Incorporated (Corning) announced a collaboration with Atmel Corporation (Atmel) to develop ultra-thin capacitive touchscreens with superior multi-touch performance for next-generation applications. According to Corning, the collaboration combines Atmel XSense flexible touch sensors with 0.4mm damage-resistant Corning Gorilla Glass, and together they deliver outstanding capacitive touch performance through thinner flat or curved cover glass. "Our collaboration with Atmel accelerates the move toward thinner cover glass and enables the use of curved touchscreens for our customers designing next-generation applications," said James Nagel, Division Vice President of Program Development of Corning Gorilla Glass at Corning Specialty Materials. "The toughness of 0.4mm and curved Gorilla Glass, coupled with the remarkable touch performance and flexibility of XSense enables the most exciting consumer experience in the market today." The full analyst notes on Corning Incorporated are available to download free of charge at:

http://www.AnalystsReview.com/04112014/GLW/report.pdf

--

Acuity Brands, Inc. Analyst Notes 

On April 2, 2014, Acuity Brands, Inc. (Acuity Brands) reported financial results for Q2 FY 2014 (period ended February 28, 2014). During the quarter, the Company reported net sales of $546.2 million, up 12.2% YoY. Q2 FY 2014 net income came in at $32.7 million, or $0.75 per diluted share, compared to $24.7 million, or $0.57 per diluted share, in Q2 FY 2013. "We were very pleased with our fiscal 2014 second quarter results as we continued to execute our strategies to extend our leadership position in North America. While we believe inclement winter weather in certain parts of the U.S. dampened customer orders during the quarter and somewhat impacted our operations, the year-over-year increase in net sales reflects continued favorable trends in order rates as well as the continued adoption of LED lighting solutions, which again more than doubled over the prior year. Sales of LED-based luminaires now represent 30 percent of our net sales," said Vernon J. Nagel, Chairman, President, and CEO of Acuity Brands. The full analyst notes on Acuity Brands, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04112014/AYI/report.pdf

--

TE Connectivity Ltd. Analyst Notes 

On April 2, 2014, TE Connectivity Ltd. (TE Connectivity) announced that it has signed a definitive agreement to acquire the SEACON group for $490.0 million in cash. "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," said Tom Lynch, Chairman and CEO of TE Connectivity. "We are excited by the addition of the SEACON group because it combines their fiber optic capability, TE's cable product line and the power connector range from our Deutsch acquisition to create a leading product offering for undersea applications. We expect to accelerate our growth with this acquisition in this very attractive sector by leveraging TE's scale and geographic breadth to support more customers around the world." The Company stated that it expects to close the acquisition in the current fiscal year and will further discuss the transaction on its next earnings call on April 23, 2014. The full analyst notes on TE Connectivity Ltd. are available to download free of charge at:

http://www.AnalystsReview.com/04112014/TEL/report.pdf

--

Alliance Fiber Optic Products Inc. Analyst Notes 

On April 2, 2014, Alliance Fiber Optic Products Inc. (AFOP) reported preliminary sales for Q1 2014. During the quarter, the Company expects to report sales of approximately $24.8 million, which is above its previous guidance of $22.5 million issued on February 3, 2014; and represents a growth of 104% YoY. AFOP added that it intends to discuss the details of Q1 2014 financial results, as well as its outlook for Q2 2014, in its quarterly conference call on April 24, 2014 at 1:30 p.m. PT. The full analyst notes on Alliance Fiber Optic Products Inc. are available to download free of charge at:

http://www.AnalystsReview.com/04112014/AFOP/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 Nidhi Vatsal, 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 Nidhi Vatsal, 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
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of (at least) three separate application components: the software embedded in the device, the back-end service, and the mobile application for the end user’s controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target –...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.