Downgrades

PRIMERO MINING (PPP) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of PRIMERO MINING (PPP) from NEUTRAL to UNDERPERFORM on August 01, 2014, with a target price of $7.30. Primero Mining Corporation is engaged in exploration, acquisition and development of mineral resource properties. The Company mainly explores for gold and silver […]

Downgrades

OSHKOSH CORP (OSK) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of OSHKOSH CORP (OSK) from NEUTRAL to UNDERPERFORM on August 01, 2014, with a target price of $44.20. Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corporation manufactures, distributes and services products under the brands of Oshkosh, JLG, Pierce, McNeilus, Medtec, Jerr-Dan, BAI, Oshkosh Specialty Vehicles, Frontline, SMIT, Geesink, Norba, Kiggen, Con-E-Co, London and IMT. […]

Downgrades

CIBER INC (CBR) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of CIBER INC (CBR) from NEUTRAL to UNDERPERFORM on August 01, 2014, with a target price of $3.30. CIBER is a recognized leader in providing innovative IT solutions and partnering with customers to leverage technology in today's e.Business-driven marketplace. […]

Upgrades

HEARTWARE INTL (HTWR) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of HEARTWARE INTL (HTWR) from NEUTRAL to OUTPERFORM on August 01, 2014, with a target price of $105.70. HeartWare International, Inc. along with its subsidiaries is a medical device company focused on developing and commercializing small implantable pumps for the treatment of chronic and end-stage heart failure. […]

Upgrades

CON-WAY INC (CNW) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of CON-WAY INC (CNW) from NEUTRAL to OUTPERFORM on August 01, 2014, with a target price of $52.20. Con-way Inc.is a freight transportation and logistics company with businesses in less-than-truckload and full truckload freight services, brokerage, logistics, warehousing, supply chain management and trailer manufacturing. The company and its subsidiaries operate across North America […]

Upgrades

FRONTLINE LTD (FRO) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of FRONTLINE LTD (FRO) from NEUTRAL to OUTPERFORM on August 01, 2014, with a target price of $3.10. FRONTLINE LTD's business strategy is primarily based upon the following principles: emphasising operational safety and quality maintenance for all of its vessels complying with all current and proposed environmental regulations outsourcing technical operations and crewing achieving low operational costs of vessels achieving high utilisation of its vessels competitive financing arrangements and develop relationship to main charterers. […]

Stock Analysts

ICICI Bank Q1 Earnings Up, ADRs Fall on Asset Quality Worry

ICICI Bank Ltd. ’s ( IBN ) first-quarter fiscal 2015 (ended Jun 30) net profit came in at INR26.55 billion ($441 million), up 17% from the year-ago quarter. Despite this year-over-year improvement, the bank’s ADRs fell 1.4% after the announcement on Thursday reflecting concerns among investors about the continued weakening of asset quality […]

Stock Analysts

Mohawk Beats Q2 Earnings on Strong Margins, Misses Revenues

Mohawk Industries, Inc. ( MHK ) reported adjusted earnings of $2.21 per share in the second quarter of 2014, which beat the Zacks Consensus Estimate of $2.20 by a penny. Earnings of this leading flooring manufacturer increased 20% year over year as strong operating margin made up for softer top line performance […]

Stock Analysts

Taubman Q2 FFO Beats Estimates by a Nickel, Outlook In Line

Retail real estate investment trust (REIT) – Taubman Centers Inc. ( TCO ) – reported second-quarter 2014 FFO (funds from operations) per share of 86 cents, beating the Zacks Consensus Estimate by a nickel and the year-ago quarter figure by 14.7%. The solid performance was driven by increased rents and recoveries, along with reduced operating as well as interest expenses. […]

Stock Analysts

Agnico Eagle Mines (AEM) Misses on Q2 Earnings, Shares Down

Agnico Eagle Mines Limited ’s ( AEM ) adjusted earnings (barring one-time items other than stock-option expenses) of 25 cents per share for second-quarter 2014 missed the Zacks Consensus Estimate of 29 cents per share. The company logged a net income of $37.7 million (or 20 cents per share) on a reported basis in the second quarter, which compares favorably with a loss of $24.4 million (or 14 cents a share) recorded in the year-ago quarter. The bottom-line improvement was aided by significantly higher gold production that offset a decline in realized metal prices. […]

Stock Analysts

FTI Consulting Beats on Q2 Adjusted Earnings, Shares Flat

FTI Consulting, Inc ( FCN ) reported GAAP net income of $17.2 million or 42 cents per share in second-quarter 2014 versus a net income of $23.5 million or 58 cents per share in the year-ago quarter. Earnings for the quarter included a special charge of $9.4 million related to the closure of the company's West Palm Beach office and termination of the corporate plane lease. Excluding non-recurring items, adjusted net income was $22.6 million or 55 cents per share in the second quarter of 2014 versus $15.3 million or 38 cents a share in the prior-year quarter. […]

Stock Analysts

Manitowoc Falls as Q2 Earnings Lags on Lower Crane Demand

Shares of Manitowoc Company, Inc. ( MTW ) slumped over 13% and closed at $26.56 on Jul 31, a day after the reporting sluggish second quarter 2014 results. The manufacturer of cranes as well as commercial foodservice equipment reported adjusted earnings from continuing operations of 35 cents per share, which declined 25.5% year-over-year from 47 cents, primarily impacted by lower crane demand. […]