|By PR Newswire||
|August 15, 2014 09:10 AM EDT||
NEW YORK, August 15, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Activision Blizzard, Inc. (NASDAQ: ATVI), YY Inc. (NASDAQ: YY), Southern Company (NYSE: SO), NextEra Energy, Inc. (NYSE: NEE) and American Electric Power Co., Inc. (NYSE: AEP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5771-100free.
Activision Blizzard, Inc. Research Reports
On August 5, 2014, Activision Blizzard, Inc. (Activision Blizzard) announced its Q2 2014 financial results. The Company reported Q2 2014 non-GAAP net revenue of $658.0 million, beating its own previously announced revenue forecast of $600.0 million and Q2 2013 revenue of $608.0 million. Activision Blizzard's non-GAAP EPS declined to $0.06 in Q2 2014 from $0.08 in the year ago period, but surpassed the average forecasts of $0.02 per share in a Reuters' poll of analysts. Activision Blizzard's CEO Bobby Kotick attributed the strong performance in Q2 2014 to continued strong digital sales from Blizzard Entertainment's World of Warcraft®, Diablo® III: Reaper of Souls™ and Blizzard Entertainment's newest franchise, Hearthstone®: Heroes of Warcraft™. Based on Q2 2014 performance, Activision Blizzard raised its full year 2014 outlook. Non-GAAP revenues and EPS are now expected to be at $4.70 billion and $1.29, respectively. The full research reports on Activision Blizzard are available to download free of charge at:
YY Inc. Research Reports
On August 6, 2014, YY Inc. (YY) announced its Q2 2014 financial results. The Company's revenues during the quarter increased 105.6% YoY to RMB841.0 million ($135.6 million), primarily driven by a 118.3% YoY increase in revenues from internet value-added services. Net income attributable to YY increased by 139.0% YoY to RMB221.9 million ($35.8 million). On an adjusted basis, the Company's net income was RMB4.32 per diluted share ($0.70 per diluted share). On average, analysts polled by Reuters expected the Company's adjusted diluted EPS at $0.59 on revenues of $121.9 million. Mr. David Xueling Li, CEO of YY, stated, "We are excited about our strong performance in the second quarter of 2014, as we continue to grow and strengthen our interactive social platform." Looking ahead, the Company expects Q3 2014 net revenues to be between RMB925 million and RMB935 million, representing a growth of approximately 90% to 92% YoY. The full research reports on YY are available to download free of charge at:
Southern Company Research Reports
On August 5, 2014, Southern Company announced that it has, in partnership with the National Fish and Wildlife Foundation (NFWF), awarded more than $1.8 million in grants to 53 organizations nationwide - as part of the Five Star and Urban Waters Restoration program - to encourage environmental stewardship and community partnerships and protect vital habitats. Southern Company said that its funding directly supports 11 projects within the Company's system service territory, helping to restore nearly 195 acres and 24,000 square feet of riparian buffer and 3,300 feet of stream bank in Alabama, Florida, Georgia and Mississippi. "Throughout our history, Southern Company has recognized the importance of water, and actively supporting the communities we serve through hands-on stewardship is one of the ways we demonstrate that we are bigger than our bottom line," said Southern Company Chief Environmental Officer Larry Monroe. The full research reports on Southern Company are available to download free of charge at:
NextEra Energy, Inc. Research Reports
On August 12, 2014, the stock of NextEra Energy, Inc. (NextEra) ended nearly flat at $94.90, compared with the previous day's closing price of $94.89. During the trading session, the stock opened at $94.98, and fluctuated in the range of $94.60 - $95.39. A total of 1.30 million shares changed hands during the session, which was below the stock's 30-day average trading volume of 1.99 million shares. Over the last one month, the Company's stock has declined by 4.11%, underperforming the Dow Jones Industrial Average, which declined 2.26% during the same time period. The full research reports on NextEra Energy are available to download free of charge at:
American Electric Power Co., Inc. Research Reports
On August 8, 2014, American Electric Power Co., Inc. (AEP) notified that it is seeking offers for the supply of coal to one or more of its generating stations. The Company said that it is looking for spot delivery proposals for up to 1.15 million tons of high-sulfur coal, FOB barge, beginning in October 2014 and ending in December 2015. Also, the Company seeks spot proposals for up to 1.25 million tons of low-sulfur coal, FOB barge or rail, beginning in January 2015 and ending in December 2015. In addition, AEP is seeking spot proposals for up to 5 million tons of sub-bituminous coal, FOB rail, beginning in October 2014 and ending in December 2015. The Company will receive proposal packages until 5 p.m., August 21, 2014. The full research reports on AEP are available to download free of charge at:
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