Acquisitions, Strong Product Pipelines, Dividend Increases Contribute to Growth amid Challenging Markets - Research Report on JinkoSolar Holding, ABB, OSI Systems, General Cable, and Barnes Group Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, August 19, 2013 NEW YORK, August 19, 2013 /PRNewswire/ -- Today, Investors' Reports announced new research reports highlighting JinkoSolar Holding Co., Ltd. (NYSE: JKS), ABB Ltd. (NYSE: ABB), OSI Systems, Inc. (NASDAQ: OSIS), General Cable Corp. (NYSE: BGC), and Barnes Group Inc. (NYSE: B). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. JinkoSolar Holding Co., Ltd. Research Report On August 14, 2013, JinkoSolar Holding Co. Ltd. (JinkoSolar) reported its unaudited Q2 2013 financial results with total revenues of RMB 1.8 billion ($287.6 million), up 42.6% YoY. Gross margin for the quarter was 17.7% compared with 8.4% in Q2 2012. Net income attributable to JinkoSolar's ordinary shareholders was RMB 49 million ($8.0 million), compared with a loss of RMB 310.5 million. Total solar product shipments stood at 489.2 MW, an increase of 61.9% YoY. For its Q3 2013, the Company anticipates module shipments to be in the range of 460 MW to 500 MW. The Full Research Report on JinkoSolar Holding Co., Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/JKS] -- ABB Ltd. Research Report On August 5, 2013, ABB Ltd. (ABB) announced its acquisition of Newron System S.S., a French software company. The acquisition will help ABB to expand its market reach and offering or channel partners in automation solutions for buildings. "Newron System's premium building-automation software solutions will gain worldwide reach through ABB's broad sales network," said Hans-Georg Krabbe, Head of the Wiring Accessories business unit in the Low Voltage Products (LP) division. "We are buying state-of-art software and know-how. Newron System will enlarge our offering to our wholesaler and system-integrator partners for automation solutions in buildings." The Full Research Report on ABB Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/ABB] -- OSI Systems, Inc. Research Report On August 14, 2013, OSI Systems, Inc. (OSI Systems) reported its Q4 FY 2013 financial results (period ended June 30, 2013). Revenues totaled $227.9 million during the quarter, down 3.1% YoY. Net income stood at $11.8 million, or $0.58 per diluted share, compared to net income of $15.9 million, or $0.78 per diluted share, in Q4 FY 2012. For full year FY 2013, revenue increased 1.1% YoY to $802 million, while net income declined 3.1% YoY to $44.1 million. Deepak Chopra, OSI Systems' President and Chief Executive Officer, stated "The momentum gained from a strong finish by each division, combined with a year-end backlog of approximately $1 billion and a significant pipeline of opportunities, positions us well for solid growth in fiscal 2014." The Company anticipates its full year FY 2014 sales to be between $870 million and $895 million, an 8% to 12% increase YoY, respectively, and diluted EPS to be in the range of $3.22 to $3.38, representing a 17% to 22% YoY growth, respectively. The Full Research Report on OSI Systems, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/OSIS] -- General Cable Corp. Research Report On July 31, 2013, General Cable Corp. (General Cable) reported its Q2 FY 2013 financial results (period ended June 28, 2013) with net sales of $1.7 billion, up 12% QoQ. The revenue increase is due to seasonal demand and greater mix of copper-based product shipments. Adjusted operating income grew 83% QoQ to $84.5 million. Adjusted EPS for the quarter was $0.69 compared with $0.23 in Q1 FY 2013. Commenting on the results, Gregory B. Kenny, President and Chief Executive Officer of General Cable, said, "Adjusted operating results exceeded our expectations for the second quarter of 2013 despite persistent metal cost headwinds due to selling higher average cost inventory into a lower metal price environment. Overall, seasonally adjusted demand remains relatively flat in most of our major markets but we are encouraged by the continued strong financial performance of our recent acquisitions in the U.S., Canada and China." The Full Research Report on General Cable Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/BGC] -- Barnes Group Inc. Research Report On July 23, 2013, Barnes Group Inc. (Barnes) and its Board of Directors announced a 10% increase in the Company's quarterly cash dividend to $0.11 per share of common stock. The dividend is payable on September 10, 2013 to shareholders of record as on August 27, 2013. The dividend increase will raise the annualized dividend to $0.44 per share of common stock. The Company and its predecessors have paid a cash dividend to stockholders consistently since 1934. The Full Research Report on Barnes Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/B] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. InvestorsReports.com SOURCE Investors' Reports Contact: Kristi Saunders CONTACT PHONE: +1-315-982-6420 (North America)
Acquisitions, Strong Product Pipelines, Dividend Increases Contribute to Growth amid Challenging Markets - Research Report on
Press spacebar to pause and continue. Press esc to stop.