Downgrades

STANLEY FURN CO (STLY) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of STANLEY FURN CO (STLY) from NEUTRAL to UNDERPERFORM on February 06, 2014, with a target price of $2.90. Stanley Furniture Company is a designer and manufacturer of residential wood furniture exclusively targeted at the upper-medium price range. They offer diversified product lines across all major style and product categories within this price range. […]

Upgrades

CPFL ENERGI-ADR (CPL) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of CPFL ENERGI-ADR (CPL) from NEUTRAL to OUTPERFORM on February 06, 2014, with a target price of $16.80. CPFL ENERGIA is a holding company that, through its subsidiaries, distributes, commercializes and generates energy in Brazil, standing as the largest private group in the Brazilian electric sector. Its subsidiaries are widely recognized for its excellence and sustainability of their business practices and regarded as benchmarks in management, quality and operating efficiency […]

Upgrades

WESTELL TECH-A (WSTL) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of WESTELL TECH-A (WSTL) from NEUTRAL to OUTPERFORM on February 06, 2014, with a target price of $4.30. Westell Technologies Inc. designs, manufactures, markets and services a broad range of digital and analog products used by telcos to deliver services primarily over existing copper telephone wires that connect end users to a telco's central office […]

Stock Analysts

NY Times Earnings Beat, Fall Y/Y

The New York Times Company ( NYT ) posted fourth-quarter 2013 earnings of 26 cents a share that surpassed the Zacks Consensus Estimate of 16 cents but plunged 16.1% from the year-ago quarter earnings of 31 cents. Including one-time items and discontinued operations, quarterly earnings came in at 41 cents a share, substantially down from $1.15 posted in the prior-year period. The quarter reflects favorable response to the digital subscription packages, increase in circulation revenue (excluding the extra week in the fourth quarter of 2012) and effective cost management. […]

Stock Analysts

Avanir Reports Narrower Loss, Revs Up Y/Y

Avanir Pharmaceuticals, Inc. ( AVNR ) reported first quarter fiscal 2014 net loss per share of 7 cents, narrower than the Zacks Consensus Estimate of a loss of 8 cents and the year-ago loss of 9 cents. First quarter revenues rose 62% year over year to $26.7 million, above the Zacks Consensus Estimate of $24 million. […]

Stock Analysts

Lennox Q4 Earnings Beat Ests

Diversified machinery company, Lennox International, Inc. ( LII ) reported adjusted earnings per share of 77 cents in the fourth quarter 2014, up 37.5% year over year and above the Zacks Consensus Estimate of 73 cents. […]

Stock Analysts

GM Q4 and FY13 Earnings Miss Ests

General Motors Co. ( GM ) recorded adjusted earnings of $1.1 billion or 67 cents per share in the fourth quarter of 2013, lagging the Zacks Consensus Estimate of 88 cents per share. In comparison, the company generated earnings of $0.8 billion or 48 cents per share in the fourth quarter of 2012. […]

Stock Analysts

Marathon Oil Misses on Q4 Earnings & Revs

Oil and natural gas exploration and production (E&P) firm Marathon Oil Corporation ( MRO ) reported weak fourth quarter results due to lower price realizations and rising exploration costs. The Houston, Texas-based company announced adjusted earnings of 60 cents per share, below the Zacks Consensus Estimate of 74 cents. […]

Stock Analysts

Tessera’s Q4 Earnings In Line

Tessera Technologies ( TSRA ) reported fourth-quarter 2013 earnings of 8 cents per share, in line with the Zacks Consensus Estimate. Revenues Tessera reported revenues of $56.4 million, up 51.2% sequentially and 18.5% year over year. […]

Stock Analysts

Meritage Homes Beats on Q4 Earnings, Rev In Line

Meritage Homes Corporation 's ( MTH ) fourth-quarter 2013 earnings per share of $1.19 convincingly beat the Zacks Consensus Estimate of $1.02 by 16.7% driven by solid top line and strong margins. However, earnings per share declined 52.0% year over year as earnings in the prior-year quarter included a net tax benefit of $71.5 million (generated from a reversal of deferred tax asset valuation allowances) while the reported quarter included a tax expense. […]