NEW YORK, December 18, 2014 /PRNewswire/ --

Moments ago, Realtime Equities released new analyst updates concerning several important developing situations including Volcano (NASDAQ: VOLC), Rite Aid (NYSE: RAD), Carnival Corporation (NYSE: CCL), PhotoMedex (NASDAQ: PHMD), and Joy Global (NYSE: JOY). 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.

--

Analyst Update: Financial Results, Acquisitions, Upcoming Earnings and Private Placement
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.

Shares of Volcano Corporation (Volcano) - the manufacturer of intravascular imaging for coronary and peripheral therapeutic devices, erupt over 55% on acquisition news; Royal Philips to acquire the Company for $18.00 per share. Read our research report to know more about the terms of the agreement and the rationale behind this deal.

Rite Aid Corporation (Rite Aid) set to announce Q3 FY 2015 earnings report on December 18, 2014, before market-hours. The Company will hold an analyst call at 8:30 a.m. ET with remarks by Rite Aid's management team. Read our research report to know about analysts' expectations, November sales, and much more.

Carnival Corporation to hold conference call at 10:00 a.m. EDT on December 19, 2014, to discuss the Company's Q4 FY 2014 financial results, which will be released before markets open.  What are the analysts expecting this time around? Read our research report to know more about latest Company news.

Shares of PhotoMedex Inc. (PhotoMedex) gained for the second straight session to end at $1.44, as the Company's Board of Directors purchase shares in a private placement. On December 17, 2014, a total of 1.54 million shares changed hands, higher than the 30-day average trading volume of 0.39 million shares. A further detailed analysis is available in our research report on PhotoMedex.

Joy Global Inc. (Joy Global) beats on earnings and revenue in Q4 FY 2014, but predicts soft 2015. Bookings for full year FY 2014 were $3.6 billion, down 7.9% YoY. Read more about the latest results, analyst expectations, and 2015 outlook, right here at Realtime Equities.

--

Today's update concerns the following companies:

============

Full PDF Download Links (you may have to copy and paste the following links into your browser):

VOLC Research Report: ( http://get.realtimeequities.com/pdf/?c=Volcano&d=18-Dec-2014&s=VOLC ),

RAD Research Report: ( http://get.realtimeequities.com/pdf/?c=Rite%20Aid&d=18-Dec-2014&s=RAD ),

CCL Research Report: ( http://get.realtimeequities.com/pdf/?c=Carnival%20Corporation&d=18-Dec-2014&s=CCL ),

PHMD Research Report: ( http://get.realtimeequities.com/pdf/?c=PhotoMedex&d=18-Dec-2014&s=PHMD ),

JOY Research Report: ( http://get.realtimeequities.com/pdf/?c=Joy%20Global&d=18-Dec-2014&s=JOY ).

============

--

About Realtime Equities 

Tired of missing trades? In a world where information travels at the speed of light, you can't afford to be out of touch. Get an actionable source of information. Find the best opportunities available in real-time. Don't waste time trying to chase the news, get ahead of it with Realtime Equities. We find information as it happens and send it out to our subscribers in our e-alerts. Our focus is to find companies positioned to see upward momentum, delivering alerts to your inbox as the event unfolds in realtime. Join us in our battle to beat the markets, you'll be happy you did.

We are proud to serve professional traders, financial advisors, hedge funds and experience individual investors including some of the top firms on wall-street today. For more information about our service offerings and subscriptions, please visit our website or reach out to our sales staff. Advanced subscription packages are available to qualifying institutional clients and accredited investors, please speak with your account manager to learn more about these custom opportunities.

If you enjoyed today's content, subscribe to our live updates here: ( http://get.realtimeequities.com/updates )

--

Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Realtime Equities, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Realtime Equities in this article or report according to the procedures outlined by Realtime Equities. Realtime Equities 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.

Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.realtimeequities.com/editors

Contact Information: If you need to reach out to us about this release, please do so at:

Compliance Department

Toll Free: 1-800-632-0568

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE RealtimeEquities.com

Copyright 2014 PR Newswire

Rite Aid (NYSE:RAD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Rite Aid Charts.
Rite Aid (NYSE:RAD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Rite Aid Charts.