Trending Stocks: Royal Dutch Shell plc (ADR) (NYSE:RDS.A); Powell Industries (NASDAQ:POWL); Digital Ally, Inc. (NASDAQ:DGLY)
Dallas, Texas, 09/29/2014 (ustrademedia) – Analysts at The Wall Street Journal have opined that Royal Dutch Shell plc (ADR) (NYSE:RDS.A) is well positioned to leverage. Its decade’s long investments and trusting relationship with Mexico government backed oil company Pemex. In order to win lucrative oil and gas block development contracts. The contracts to develop the rich and sprawling oil reserves which are lying beneath the Gulf of Mexico is expected to be announced by the Mexican government soon. Analysts feel that Royal Dutch Shell plc (ADR)(NYSE:RDS.A) as one of globe’s preeminent oil and gas extraction and production firm. They are very well placed to leverage its long established working relationship with the Mexican oil firm to win access to developing the gas blocks which are being allocated for development.
Powell Industries (NASDAQ:POWL) which is into developing engineered solutions has reduced its 3Q14 guidance. Due to issues surrounding its “start-up productivity” during its previously announced implementation of new ERP and CRM systems in May of 2014. The firm had invested in the new systems in order to derive process efficiency throughout its enterprise. The firm explained that it started to experience a huge delay in its “scheduling” post the new systems implementation. This resulted in higher than anticipated operating costs due to this unforeseen development during the months of July and August. The firm also indicated that it is experiencing inefficiencies at its Canadian operations.
Digital Ally, Inc. (NASDAQ:DGLY) announced on 26th September that it has been awarded a contract for its full blown “video evidence gathering system” by an unnamed U.S. military base. The order includes invoice for FirstVU wearable camera, in vehicle cameras and a proprietary hands-free record activation video system. The order is slated to be in the $0.2 million range. The order placed on behalf of the military police is being seen as a door opener for the wearable camera maker.