Month: January 2015

Downgrades

BOSTON PRIV FIN (BPFH) Downgraded by Zacks to UNDERPERFORM

January 27, 2015 0

Zacks Investment Research downgraded shares of BOSTON PRIV FIN (BPFH) from NEUTRAL to UNDERPERFORM on January 27, 2015, with a target price of $10.70. Boston Private Bancorp, through its subsidiaries offers a full range of banking, commercial and residential lending, and trust and investment management services to its domestic and international clientele with a commitment to exceptional service. In the city of Boston, Boston Private Bank & Trust Company offers a First Time Homebuyer program, and “soft second'' mortgage financing. […]

Downgrades

SPANSION INC (CODE) Downgraded by Zacks to UNDERPERFORM

January 27, 2015 0

Zacks Investment Research downgraded shares of SPANSION INC (CODE) from NEUTRAL to UNDERPERFORM on January 27, 2015, with a target price of $34.90. Spansion Inc., headquartered in Sunnyvale, California, is engaged in designing, developing, manufacturing, marketing, and selling Flash memory solutions. Flash memory is used in nearly every electronic device including cars, printers, networking equipment, set-top boxes, high-definition TVs, games, cell phones and other consumer electronics. […]

Downgrades

VERITIV CORP (VRTV) Downgraded by Zacks to NEUTRAL

January 27, 2015 0

Zacks Investment Research downgraded shares of VERITIV CORP (VRTV) from OUTPERFORM to NEUTRAL on January 27, 2015, with a target price of $62.20. Veritiv Corporation engages in offering North American business-to-business distribution solutions. It provides packaging, print and print management, publishing, supply chain, facility and logistics solutions that span the entire lifecycle of core business operations […]

Upgrades

TRANSOCEAN PTN (RIGP) Upgraded by Zacks to OUTPERFORM

January 27, 2015 0

Zacks Investment Research upgraded shares of TRANSOCEAN PTN (RIGP) from NEUTRAL to OUTPERFORM on January 27, 2015, with a target price of $16.00. Transocean Partners LLC owns, operates and acquires modern, technologically advanced offshore drilling rigs. The Company drills for oil and gas in the United States Gulf of Mexico […]

Upgrades

OUTFRONT MEDIA (OUT) Upgraded by Zacks to NEUTRAL

January 27, 2015 0

Zacks Investment Research upgraded shares of OUTFRONT MEDIA (OUT) from UNDERPERFORM to NEUTRAL on January 27, 2015, with a target price of $29.00. Outfront Media, Inc. is a lessor of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. […]

Stock Analysts

Peabody Posts Wider-than-Expected Q4 Loss as Prices Fall

January 27, 2015 0

Coal producer Peabody Energy Corporation ( BTU ) reported a loss of $1.21 per share in the fourth-quarter 2014, much wider than the Zacks Consensus Estimate of a loss of 36 cents, resulting in a negative surprise of 236.1%. Peabody had posted breakeven results in fourth-quarter 2013. Peabody’s GAAP loss during the fourth quarter of 2014 was $1.79 per share compared with a loss of $1.52 per share in the year-ago quarter. […]

Stock Analysts

Caterpillar Misses Q4 Earnings on Lower Commodity Prices

January 27, 2015 0

Mining and equipment behemoth Caterpillar Inc. ( CAT ) reported a 20% decline in its fourth-quarter 2014 adjusted earnings to $1.35 per share due to a muted mining environment, and lower prices of oil and key mined commodities, particularly copper, coal and iron ore. Results fell way short of the Zacks Consensus Estimate of $1.55, a negative earnings surprise of 13%. […]

Stock Analysts

Nucor’s (NUE) Q4 Profit Climbs, Earnings Fall Short

January 27, 2015 0

Steel giant Nucor Corporation ’s ( NUE ) profit (as reported) for the fourth quarter of 2014 came in at $210.4 million or 65 cents a share, up 23.4% from $170.5 million or 53 cents per share reported a year ago. Profit (as reported) for 2014 was $713.9 million or $2.22 per share, up 46% from profit of $488 million or $1.52 per share in 2013. […]