NEW YORK, January 29, 2015 /PRNewswire/ --
Moments ago, Analysts Review released new research updates concerning several important developing situations including Tata Motors (NYSE: TTM), Taylor Morrison (NYSE: TMHC), Teledyne (NYSE: TDY), Tenneco (NYSE: TEN), and Teradyne (NYSE: TER). 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:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
TTM Research Report: ( http://get.analystsreview.com/pdf/?c=Tata%20Motors&d=29-Jan-2015&s=TTM ),
TMHC Research Report: ( http://get.analystsreview.com/pdf/?c=Taylor%20Morrison&d=29-Jan-2015&s=TMHC ),
TDY Research Report: ( http://get.analystsreview.com/pdf/?c=Teledyne&d=29-Jan-2015&s=TDY ),
TEN Research Report: ( http://get.analystsreview.com/pdf/?c=Tenneco&d=29-Jan-2015&s=TEN ),
TER Research Report: ( http://get.analystsreview.com/pdf/?c=Teradyne&d=29-Jan-2015&s=TER ).
Analyst Update: Product Launch, Recognitions,Product Exhibition and Acquisitions
Reviewed by: Rohit Tuli, CFA®
The U.S. stocks fell on Wednesday, weighed down by sharp decline in the energy stocks following further decline in the oil prices. Investors were also seen fleeing to the U.S. government bonds on Wednesday, sending the yield on 10-year bonds to their lowest level since May 2013, after Federal Reserve said that it will remain "patient" while deciding when to raise the interest rates as inflation remained below forecasts. The U.S. Fed's statement came after first policy-setting meeting of the year. The Dow Jones Industrial Average fell 1.13% to close at 17,191.37, the S&P 500 lost 1.35% to close at 2,002.16, and the Nasdaq Composite declined 0.93% to end at 4,637.99. Meanwhile, European markets witnessed a choppy session on Wednesday as major indexes came under pressure amid continued slump in Greek stocks. In Asia, markets ended on a mixed note as investors remained cautious following weak cues from the overseas markets on the back of disappointing U.S. earnings and durable-goods orders data.
Tata Motors Ltd. (Tata Motors) announced the commercial launch of its sporty hatchback, the all-new Bolt in India. The Bolt is launched at a starting price of INR. 4.44 Lakhs, ex-showroom, Delhi, for the Revotron (petrol) 1.2T and starts at INR. 5.49 Lakhs, ex-showroom, Delhi, for the diesel variant.
Taylor Morrison Home Corporation (Taylor Morrison) has received the 2014 Builder of the Year honor from Green Home Builder magazine, a national trade publication focused on certified housing and energy-efficient and environmentally responsible building practices.
Teledyne Technologies Incorporated (Teledyne) has completed the acquisition of Bolt Technology Corporation in a cash purchase of all of the outstanding common shares of Bolt for $22.00 per share. The aggregate value for the transaction was approximately $171 million; excluding transaction costs and taking into account Bolt's stock options and net cash as of September 30, 2014.
Tenneco Inc. (Tenneco) showcased lightweight technologies designed to reduce vehicle emissions and improve fuel economy by helping automakers reduce total vehicle weight. The technologies were featured at the opening of the American Lightweight Materials Manufacturing Innovation Institute (ALMMII), in Detroit's Corktown historic district.
Teradyne, Inc. (Teradyne) has acquired Avionics Interface Technologies (AIT), a leading provider of equipment for testing state-of-the-art avionics data buses. The AIT business will be operated as an independent division within Teradyne's Defense and Aerospace business unit, and will continue to provide exceptional products to existing and new customers.
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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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