NEW YORK, December 18, 2014 /PRNewswire/ --
Moments ago, Realtime Equities released new analyst updates
concerning several important developing situations including
DRDGOLD (NYSE: DRD), Dycom Industries (NYSE: DY), Eastman Chemical
(NYSE: EMN), Ecolab (NASDAQ: ECL), and Eldorado Gold (NYSE: EGO).
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please visit the links at the bottom.
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Analyst Update: Senior Level
Appointment, Quarterly Results,
Acquisition and Philanthropic Activity
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.
DRDGOLD Ltd. (DRDGOLD) appointed KPMG audit partner Riaan Davel as the CFO of the Company, effective
January 1, 2015. In his new role,
Riaan Davel will replace
Anthon Meyer, who was appointed as
acting CFO in July 2014.
Dycom Industries, Inc. (Dycom Industries) reported that first
quarter fiscal 2015 bottom line surged 11.5% YoY. However, revenues
for the quarter witnessed a decline. The Company also provided
guidance for second quarter fiscal 2015.
Eastman Chemical Company (Eastman Chemical) completed the
acquisition of Commonwealth Laminating & Coating, Inc
(Commonwealth). The Company expects that Commonwealth's expertise,
paint protection technology, brand and sales channels, and
experienced workforce to support growth of its performance films
products.
Ecolab Inc. (Ecolab) through its Ecolab Foundation has granted
$1.5 million to the Project WET
Foundation, which is a non-profit water resources education
organization dedicated to preparing the next generation of
responsible water stewards. The funds will be used by Project WET
to spread water conservation and hygiene education to more than two
million people by 2017.
Eldorado Gold Corp. (Eldorado Gold) reported third quarter 2014
bottom line decline of 45.6% YoY, impacted by a non-cash
$7.6 million iron ore inventory
write-down related to Vila Nova. Gold revenues were $241.2 million, down 9.5% YoY, on sales of
189,321 ounces of gold at an average realized gold price of
$1,274 per ounce.
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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):
DRD Research Report: (
http://get.realtimeequities.com/pdf/?c=DRDGOLD&d=18-Dec-2014&s=DRD
),
DY Research Report: (
http://get.realtimeequities.com/pdf/?c=Dycom%20Industries&d=18-Dec-2014&s=DY
),
EMN Research Report: (
http://get.realtimeequities.com/pdf/?c=Eastman%20Chemical&d=18-Dec-2014&s=EMN
),
ECL Research Report: (
http://get.realtimeequities.com/pdf/?c=Ecolab&d=18-Dec-2014&s=ECL
),
EGO Research Report: (
http://get.realtimeequities.com/pdf/?c=Eldorado%20Gold&d=18-Dec-2014&s=EGO
).
============
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