NEW YORK, December 18, 2014 /PRNewswire/ --
Moments ago, Realtime Equities released new analyst updates
concerning several important developing situations including Chefs'
Warehouse (NASDAQ: CHEF), Hain
Celestial (NASDAQ: HAIN), Truett-Hurst (NASDAQ: THST),
United Natural Foods (NASDAQ: UNFI), and United-Guardian (NASDAQ:
UG). Realtime Equities is the leader in realtime news, commentary
and analysis - proudly employing registered CFA® research staff and
rigorous compliance procedures. The full research reports are being
made available to the public for informational purposes only.
To access our full PDF reports on a complementary basis,
please visit the links at the bottom.
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Analyst Update: Earnings Releases, Appointments, Dividends
and Expanded Credit Facility
Reviewed by: Rohit Tuli,
CFA®
The U.S. stock market on Wednesday ended the day in green,
following the Federal Reserve's (Fed) dovish tone at the conclusion
of its two-day meeting, shrugging off the falling oil worries and
deflationary concerns. Fed's Chairwoman Janet Yellen sounded positive on the economy but
noted that there was room for improvement. Yellen also stated that
inflation is running below the Fed's 2% target inflation rate, but
expects to see normalization. The S&P 500 and Dow Jones
Industrial Average (DJIA) recorded their best one day performance
in 2014. The S&P 500 advanced 2.04%, DJIA gained 1.69%, and the
Nasdaq Composite moved up 2.12%. Asian markets were mixed on
Wednesday as investors awaited the outcome of the Federal Reserve
policy meeting. The European stock market also witnessed a late
recovery, as a rebound in energy stocks and new signs of economic
stimulus measures from the European Central Bank lifted shares.
The Chefs' Warehouse, Inc. (Chefs' Warehouse) reported strong
growth in its third quarter fiscal 2014 sales. Furthermore, its net
income for the quarter stood at $4.21
million, compared to $4.16
million in the year ago period.
The Hain Celestial Group, Inc. (Hain Celestial) announced the
closing of an expanded unsecured $1
billion Senior Credit Facility led by Bank of America
Merrill Lynch and Wells Fargo Bank. The revolving credit facility
may increase by an additional $350
million provided certain conditions are met.
Truett-Hurst, Inc. (Truett-Hurst) appointed Marcus Benedetti as a new independent director
on the Company's Board of Directors, effective November 20, 2014. Marcus was elected by the
Company's shareholders at the 2014 Annual Stockholder meeting.
United Natural Foods, Inc. (United Natural Foods) reported first
quarter fiscal 2015 financial results that beat the analysts'
expectations, helped by strong growth in revenues that also offset
decline in its margins. Both top-line and bottom-line exceeded the
market forecasts.
United-Guardian, Inc. (United-Guardian) announced that its Board
of Directors has declared a $0.32 per
share cash year-end dividend. This is the 19th consecutive year
that the Company has paid a year-end dividend, and brought to
$0.80 the total dividends the Company
has paid to its stockholders this year.
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Today's update concerns the following companies:
============
Full PDF Download Links (you may have to copy and paste the
following links into your browser):
CHEF Research Report: (
http://get.realtimeequities.com/pdf/?c=Chefs%27%20Warehouse&d=18-Dec-2014&s=CHEF
),
HAIN Research Report: (
http://get.realtimeequities.com/pdf/?c=Hain%20Celestial&d=18-Dec-2014&s=HAIN
),
THST Research Report: (
http://get.realtimeequities.com/pdf/?c=Truett-Hurst&d=18-Dec-2014&s=THST
),
UNFI Research Report: (
http://get.realtimeequities.com/pdf/?c=United%20Natural%20Foods&d=18-Dec-2014&s=UNFI
),
UG Research Report: (
http://get.realtimeequities.com/pdf/?c=United-Guardian&d=18-Dec-2014&s=UG
).
============
--
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--
Editor Note: This is not company news. We are an
independent source and our views do not reflect the companies
mentioned.
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