NEW YORK, May 15, 2015 /PRNewswire/ --
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Moments ago, Analysts Review released new research updates concerning several important developing situations including China Advanced Construction Materials Group Inc. (NASDAQ: CADC), Cartesian Inc. (NASDAQ: CRTN), ITT Educational Services Inc. (NYSE: ESI), International Shipholding Corp. (NYSE: ISH), and StarTek Inc. (NYSE: SRT). 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.
To access our full PDF reports on a complementary basis, please visit the links below.
Today's update concerns the following companies:
Full PDF Download Links (you may have to copy and paste the following links into your browser):
CADC Research Report: ( http://get.analystsreview.com/pdf/?c=China%20Advanced%20Construction&d=15-May-2015&s=CADC ),
CRTN Research Report: ( http://get.analystsreview.com/pdf/?c=Cartesian&d=15-May-2015&s=CRTN ),
ESI Research Report: ( http://get.analystsreview.com/pdf/?c=ITT%20Educational%20Services&d=15-May-2015&s=ESI ),
ISH Research Report: ( http://get.analystsreview.com/pdf/?c=International%20Shipholding&d=15-May-2015&s=ISH ),
SRT Research Report: ( http://get.analystsreview.com/pdf/?c=StarTek&d=15-May-2015&s=SRT ).
Analyst Update: Publications, Extended Service Agreement, New Board Member, and Earnings
U.S. stocks closed higher on Thursday, recovering from a sequence of slight losses over the week. The rally came despite unexpected drop in both weekly jobless claims and headline inflation figure. The NASDAQ Composite closed at 5,050.79, up 1.39%, the S&P 500 jumped 1.08%, to 2,121.10, and the Dow Jones Industrial Average ended the session 1.06% higher, at 18,252.24. European stocks surged sharply higher on Thursday after the European Central Bank's president reaffirmed its commitment to continue massive stimulus program for the Eurozone. Germany's DAX 30 advanced 1.84%, France's CAC 40 gained 1.36%, and London's FTSE 100 closed 0.34% higher on Thursday. Meanwhile, Asian markets were once again mixed on Thursday. The Shanghai Composite and Hong Kong's Hang Seng posted modest gains, while Japan's Nikkei fell on Thursday.
China Advanced Construction Materials Group, Inc. (China ACM), a provider of ready-mix concrete and related technical services in China, announced that it has published technical standards for recycling concrete products and the production of such products from construction waste and building debris in Beijing.
Cartesian, Inc. on May 12, 2015 announced that based upon an established partnership, an international Tier 1 communications operator has extended its three-year services agreement with the Company, thereby increasing the potential contract revenue by nearly 2.4x the original value.
ITT Educational Services Inc. on April 29, 2015 announced that Daniel Fitzpatrick has notified the Company to voluntarily retire from his positions of Executive Vice President and Chief Financial Officer, a position which he held since 2005.
International Shipholding Corp. reported its first quarter 2015 financial results on April 29, 2015. The Company reported revenue of $68.0 million down by 6% from last year comparable period's revenue of $72.6 million. On the earnings front, the company posted a net loss attributable to common stockholders of $5.8 million, or $0.79 loss per share, compared to a net loss of $4.5 million, or $0.62 loss per share, in the prior year quarter.
On May 11, 2015, StarTek, Inc. (Startek) reported financial results for the first quarter 2015 (period ended March 31, 2015). Total revenue in the first quarter of 2015 was $63.6 million compared to $63.2 million in the first quarter of 2014, with $15.0 million of incremental revenue in the quarter due to new clients and programs signed during 2014 and 2015.
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