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

Mon Aug 19, 2013 8:00am EDT

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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

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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]

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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]

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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]

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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]

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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]

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