NEW YORK, March 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding
Corning Incorporated (NYSE: GLW), Revolution Lighting Technologies
Inc. (NASDAQ: RVLT), Maxwell Technologies, Inc. (NASDAQ: MXWL),
Advanced Energy Industries, Inc. (NASDAQ: AEIS), and Sky-mobi
Limited (NASDAQ: MOBI). Private wealth members receive these notes
ahead of publication. To reserve complementary membership, limited
openings are available at:
http://www.AnalystsReview.com/register
--
Corning Incorporated Analyst Notes
On March 6, 2014, Corning
Incorporated (Corning) announced that it will transfer the
production of Corning Gorilla Glass from its manufacturing facility
in Shizuoka, Japan, to its
facility in Asan, Korea. The Company expects the transfer to be
completed and the east side of the Shizuoka facility to be closed
by June 2015. "This transfer of
production reinforces Corning's belief, which we previously
communicated, that the annual synergies anticipated with the
acquisition of CPM can reach approximately $100 million in 2015 and potentially increase in
the future. A significant portion of these synergies is expected to
come from the optimization of Corning's global manufacturing
footprint, as in this transfer of Gorilla Glass production to CPM
announced today," said James P.
Clappin, President of Corning Glass Technologies. The full
analyst notes on Corning Incorporated are available to download
free of charge at:
http://www.AnalystsReview.com/03132014/GLW/report.pdf
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Revolution Lighting Technologies Inc.
Analyst Notes
On March 10, 2014, Revolution
Lighting Technologies Inc. (Revolution Lighting) announced that it
has entered into a definitive agreement to acquire Value Lighting
Inc. (Value Lighting) and certain affiliates -a supplier of
lighting solutions to the multifamily residential housing sector
and new construction marketplace across the U.S. Under the terms of
the agreement, Revolution Lighting will pay a total purchase price
of $35.6 million for 100% of the
outstanding equity of Value Lighting, plus $3.5 million of assumed debt. As part of the
acquisition, Revolution Lighting expects to receive a minimum
$9.0 million of working capital.
"This is an exciting and highly complementary acquisition that will
allow Revolution Lighting to penetrate new markets, including the
fast growing multifamily residential housing sector, and further
accelerate our overall growth as a company," said Robert V. LaPenta, Chairman and CEO of
Revolution Lighting. "Value Lighting's existing and new build
customers are seeking to expand into LED lighting solutions and
will provide a new and significant distribution channel for our
company." The full analyst notes on Revolution Lighting
Technologies Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03132014/RVLT/report.pdf
--
Maxwell Technologies, Inc. Analyst
Notes
On March 5, 2014, Maxwell
Technologies, Inc. (Maxwell) announced that it is expanding its
ultracapacitor-based Engine Start Module (ESM) product line to
provide the same benefits to class 3 through 6 medium duty trucks
that it has been previously offering to class 7 and 8 heavy duty
diesel trucks. The Company informed that its ESM Ultra 31/900
assumes the starting responsibility for the truck and effectively
eliminates cranking problems that come from weak or discharged
batteries. "Maxwell's ultracapacitor-based ESM starting solutions
are the best options in the market for ensuring engine start
reliability while also lowering the overall cost of operations.
Now, with the introduction of the ESM ULTRA 31/900, we're extending
the same benefits to class 3 through 6 medium duty diesel trucks,"
said Jeremy Cowperthwaite, Vice
President and General Manager of Engine Starting Group at Maxwell.
The full analyst notes on Maxwell Technologies, Inc. are available
to download free of charge at:
http://www.AnalystsReview.com/03132014/MXWL/report.pdf
--
Advanced Energy Industries, Inc.
Analyst Notes
On March 6, 2014, Advanced Energy
Industries, Inc. (Advanced Energy) announced that the Company's
co-founder, Douglas S. Schatz, has
decided to retire from the Board of Directors. According to
Advanced Energy, Schatz' is retiring so as to spend more time on
activities of his charitable foundations. As a result, he will not
stand for re-election to the Board of Directors at the Company's
2014 Annual Meeting of Shareholders, which is scheduled to be held
on May 7, 2014. The full analyst
notes on Advanced Energy Industries, Inc. are available to download
free of charge at:
http://www.AnalystsReview.com/03132014/AEIS/report.pdf
--
Sky-mobi Limited Analyst Notes
On February 24, 2014, Sky-mobi
Limited (Sky-mobi) reported its financial results for Q3 FY 2014
(period ended December 31, 2013).
During the quarter, the Company's total revenues decreased 21.6%
YoY to RMB115.2 million ($19.0 million). Q3 FY 2014 net profit was
RMB4.8 million ($0.8 million), compared to RMB3.8 million in Q3 FY 2013. "We are pleased
that our fiscal third quarter 2014 revenues exceeded the high end
of our prior guidance by approximately 15% due to our stronger than
expected growth in our smartphone business. During the quarter, we
realized over 763 million user visits and over 128 million
downloads which helped drive our financial and operational
turnaround. Having achieved an over 66% quarter-over-quarter
increase in smartphone revenues, our smartphone revenues now
represent over 56% of total revenues. This dramatic shift has
occurred within only six months since we began the monetization of
our smartphone business," said Michael Tao
Song, Chairman and CEO of Sky-mobi. The full analyst notes
on Sky-mobi Limited are available to download free of charge
at:
http://www.AnalystsReview.com/03132014/MOBI/report.pdf
--
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