Stock Analysts

Cato’s December Comps Impress on Strong Holiday Sales

Charlotte, NC-based retailer of apparel and accessories for women, Cato Corporation ( CATO ), posted splendid sales results for the month ended Jan 3, 2015 driven by robust holiday sales. Results also gained from favorable weather conditions. For the five weeks ended Jan 3, the company’s comparable-store sales (comps) registered an increase of 6%, above the company’s expectations. […]

Stock Analysts

Signet Holiday Comps Up 3.6% on Strong Segmental Sales

Signet Jewelers Limited ( SIG ) delivered solid holiday sales numbers driven by improved comparable-store sales (comps) across all its divisions backed by successful product execution, marketing strategies and omni-channel plans. For the eight weeks ended Dec 27, 2014, Signet posted a 3.6% rise in comps compared with the 5% growth during last year’s holiday season. The increase this year was primarily led by strong comps growth in its UK division. […]

Stock Analysts

ON Semiconductor (ONNN) Attains a New 52-Week High

Shares of technology company ON Semiconductor ( ONNN ) hit a new 52-week high of $10.49 on Jan 9, eventually closing at $10.35. The company returned 22.11% last year and delivered a year-to-date return of roughly 1.56%. Average volume of shares traded over the last three months was roughly 6,682K […]

Downgrades

ATLAS AIR WORLD (AAWW) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of ATLAS AIR WORLD (AAWW) from OUTPERFORM to NEUTRAL on January 12, 2015, with a target price of $52.90. Atlas Air Worldwide Holdings, Inc. is the parent company of Atlas Air and Polar Air Cargo, which together operate the world's largest fleet of Boeing freighter aircraft. […]

Downgrades

SCANSOURCE INC (SCSC) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of SCANSOURCE INC (SCSC) from OUTPERFORM to NEUTRAL on January 12, 2015, with a target price of $45.30. ScanSource, Inc. serves North America as a value-added distributor of specialty technologies, including automatic identification and point-of-sale products, and business telephone products. […]

Downgrades

ENABLE MIDSTRM (ENBL) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of ENABLE MIDSTRM (ENBL) from NEUTRAL to UNDERPERFORM on January 12, 2015, with a target price of $18.10. Enable Midstream Partners, LP owns, operates and develops natural gas and crude oil infrastructure assets serving major producing basins and markets. It operates through two business segments: Gathering and Processing, and Transportation and Storage. […]

Downgrades

GTX INC (GTXI) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of GTX INC (GTXI) from OUTPERFORM to NEUTRAL on January 12, 2015, with a target price of $0.90. GTX Inc is a biopharmaceutical company dedicated to the discovery, development and commercialization of therapeutics primarily related to the treatment of serious men's health conditions. GTx's drug discovery and development programs are focused on small molecules that selectively modulate the effects of estrogens and androgens […]

Upgrades

GAMCO INVESTORS (GBL) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of GAMCO INVESTORS (GBL) from UNDERPERFORM to NEUTRAL on January 12, 2015, with a target price of $84.60. GAMCO Investors, Inc., through its subsidiaries, manages assets in private advisory accounts (GAMCO Asset Management Inc.), mutual funds and closed-end funds (Gabelli Funds, LLC) and partnerships and offshore funds (Investment Partnerships). […]

Stock Analysts

GE to Provide Financing to Castik Capital, Shares Down

GE Capital, a division of General Electric Company ( GE ), along with other companies was recently selected to provide 113 million pounds (equivalent to $170.6 million as of Jan 8) of senior debt facilities to private equity firm Castik Capital for the acquisition of Waterlogic. An additional debt facility has also been put in place to support the future acquisitions of Castik Capital. Shares of General Electric decreased marginally on Jan 9, following the announcement as overall equity market fell on global cues. […]

Stock Analysts

NuStar Energy Obtains Full Ownership in Linden Terminal

NuStar Energy L.P. ( NS ) announced that it now has complete ownership of a refined products terminal in Linden, NJ, in the New York Harbor. The San Antonio, TX-based publicly traded partnership previously had 50% stake in the facility, the remaining being held by its joint-venture partner Linden Holding Corp., an affiliate of NIC Holding Corp […]