Downgrades

SEQUENTIAL BRND (SQBG) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of SEQUENTIAL BRND (SQBG) from OUTPERFORM to NEUTRAL on January 02, 2015, with a target price of $14.70. Sequential Brands Group Inc. is a licensing and brand management company focused on promoting, marketing and licensing a portfolio of consumer brands. […]

Downgrades

LEJU HOLDINGS (LEJU) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of LEJU HOLDINGS (LEJU) from NEUTRAL to UNDERPERFORM on January 02, 2015, with a target price of $10.20. Leju Holdings Limited is an online-to-offline, or O2O, real estate services provider in China. It offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites and various mobile applications. […]

Downgrades

TUNIU CORP-ADR (TOUR) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of TUNIU CORP-ADR (TOUR) from N/A to NEUTRAL on January 02, 2015, with a target price of $12.60. Tuniu Corporation operates as an online leisure travel company in China. The Company provides packaged tours, organized tours, self-guided tours and other travel related products and services. […]

Stock Analysts

Twitter Tests Ad Space on Following List to Boost Revenues

Social networking website, Twitter ( TWTR ) is keen on growing its advertising business and reportedly, expanded the advertising space from Timeline to users’ following list. Some of the celebrity Twitter users have noticed the change, but it is not clear if the company has fully rolled out this advertisement strategy for marketers. We believe that Twitter will benefit from this higher spending by marketers as its innovative product portfolio continues to attract advertisers (its primary revenue source) […]

Stock Analysts

Weatherford Closes Deal with Lubrizol, Gets $750 Million

Switzerland-based Weatherford International Ltd. ( WFT ) procured an amount of $750 million following the closure of the previously announced sale of the company’s engineered chemistry and Integrity drilling fluids businesses to an affiliate of The Lubrizol Corporation, a Berkshire Hathaway company. The transaction is, however, subject to a customary post-closing working capital adjustment […]

Stock Analysts

Starwood Debuts Aloft in Dongguan; Grows Presence in China

In a bid to ramp up its presence in the flourishing Chinese market, leading hotelier, Starwood Hotels & Resorts Worldwide Inc. ( HOT ) recently unveiled a property named Aloft Dongguan Songshan Lake in the city of Dongguan, in the central Guangdong province. This marked the entry of Aloft, one of Starwood’s contemporary hotel brands, in the city of Dongguan. […]

Stock Analysts

Walgreen Closes Alliance Boots Buyout; Renames Company

The largest drugstore chain in the U.S., Walgreen , has completed its acquisition of the UK-based Alliance Boots on Dec 31, 2014, to form a new company called Walgreens Boots Alliance Inc. Walgreens Boots Alliance, the first global pharmacy-led health and wellbeing enterprise, will start trading on the Nasdaq under the ticker symbol “ WBA ”. The merger process, which began in Jun 2012, was completed this week following the approval by Walgreen’s shareholders on Dec 29, 2014 […]

Downgrades

TIMKENSTEEL CP (TMST) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of TIMKENSTEEL CP (TMST) from NEUTRAL to UNDERPERFORM on January 02, 2015, with a target price of $35.20. TimkenSteel Corporation engages in manufacturing alloy steel, as well as carbon and micro-alloy steel. The company provides air-melted alloy steel bars, tubes, and precision components, as well as value-added services, including thermal treatment and machining. […]

Upgrades

AOL INC (AOL) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of AOL INC (AOL) from UNDERPERFORM to NEUTRAL on January 02, 2015, with a target price of $47.20. AOL Inc. is a leading global Web services company with an extensive suite of brands and offerings and a substantial worldwide audience […]