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Moments ago, Analysts Review released new research updates concerning several important developing situations including Sprint Corporation (NYSE: S), Intel Corporation (NASDAQ: INTC), AT&T, Inc. (NYSE: T), Zynga, Inc. (NASDAQ: ZNGA), and Cisco Systems, Inc. (NASDAQ: CSCO). Analysts Review provides a single unified platform for investors' to hear about what matters - 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.
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Today's update concerns the following companies:
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S Research Report: ( http://get.analystsreview.com/pdf/?c=Sprint%20Corporation&d=07-May-2015&s=S ),
INTC Research Report: ( http://get.analystsreview.com/pdf/?c=Intel%20Corporation&d=07-May-2015&s=INTC ),
T Research Report: ( http://get.analystsreview.com/pdf/?c=AT%26T%20Inc.&d=07-May-2015&s=T ),
ZNGA Research Report: ( http://get.analystsreview.com/pdf/?c=Zynga%20Inc.&d=07-May-2015&s=ZNGA ),
CSCO Research Report: ( http://get.analystsreview.com/pdf/?c=Cisco%20Systems&d=07-May-2015&s=CSCO ).
Analyst Update: New Appointment, New Product, and Acquisitions
U.S. stocks closed lower on Wednesday after Federal Reserve Chairwoman Janet Yellen warned investors over elevated valuations of U.S stocks and associated potential risks. The Dow Jones Industrial Average fell 0.48%, to close at 17,841.98, the S&P 500 fell 0.45%, to 2,080.15, and the NASDAQ Composite ended the session at 4,919.64, down 0.40%. Reflecting Janet Yellen's statement, European stocks saw only a modest gain on Wednesday. Germany's DAX 30 gained 0.20%, France's CAC 40 rose 0.15%, and the London's FTSE 100 closed only 0.09% higher on Wednesday. Meanwhile, Asian markets faltered again on Wednesday, depressed by weak earnings in Australia and disappointing U.S. economic data. The Shanghai Composite, Australia's S&P ASX and South Korea's KOSPI all closed lower on Wednesday.
Sprint Corporation announced that it has rehired Prince Royce - an award-winning artist and one of Latin music's fastest-rising superstars, in its new Hispanic Business Unit. Mr. Prince will work and coordinate with the Company to help develop unique music-related initiatives and programs.
Intel, on May 4, 2015, announced the Intel® IoT Retail Gateway Reference Design for Intelligent Vending - an integrated, pre-validated and flexible design which includes hardware, software and security building blocks to speed up development and deployment of smart vending machines. This gateway is based on the Intel® Atom™ processor E3815 system-on-chip (SoC) and includes the Intel® IoT Gateway software stack, while the compute board is based on the Intel® Reference Design for Digital Signage for vending machine manufacturers.
In a press release dated April 30, 2015, AT&T announced that it has completed acquisition of companies operating under the name Nextel Mexico from NII Holdings, Inc., including spectrum licenses, network assets, retail stores and subscribers in Mexico. The acquisition deal was valued at $1.875 billion, less approximately $427 million of net debt and other adjustments.
Zynga, a leading provider of social game provider of social game services, on April 23, 2015 announced that Louis J. Lavigne, Jr., former Genentech Inc. Chief Financial Officer, has joined the Company's Board of Directors. Lavigne has extensive experience in business operations and management, strategy, finance, accounting and public company governance.
On May 4, 2015, Cisco announced that its Board of Directors has appointed Chuck Robbins as CEO, effective July 26, 2015. He was also elected to the Board of Directors of Cisco, effective May 1, 2015. Mr. Robbins joined Cisco way back in 1997 and has jumped quickly through the Company's ranks. Most recently, he served as Cisco's senior vice president of worldwide operations, leading Cisco's global sales and partner team that drives $47 billion in business for the Company.
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