Stock Analysts

Adobe to Reward Shareholders with $20B Buyback Approval

Adobe Systems Inc. ( ADBE ), one of the largest software companies in the world, recently approved a new stock repurchase program to buy up to $2.0 billion shares through the end of fiscal 2017. Apart from rewarding shareholders, the new program will reduce the dilution resulting from stocks issued as compensation to its employees […]

Stock Analysts

Is Sprint Eyeing RadioShack’s Stores for a Turnaround?

According to a Bloomberg report, Sprint Corporation ( S ) might consider to take lease on some of RadioShack Corp. ’s ( RSH ) stores in order to spur a turnaround and to revamp its deteriorating business by adding more retail locations. Notably, destination stores happen to be the latest trend in the wireless industry […]

Stock Analysts

IDEXX Up on Record Instrument Placements, Raises 2014 View

Shares of IDEXX Laboratories, Inc. ( IDXX ), one of the leading providers of animal healthcare solutions, climbed 2.2% to eventually close at $159.49 on Friday, following the company's announcement of record instrument placements in the fourth quarter of 2014. Moreover, in this announcement management raised IDEXX's outlook for full year 2014 and 2015, which also positively influenced the share price movement […]

Downgrades

DOMINION DIAMND (DDC) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of DOMINION DIAMND (DDC) from OUTPERFORM to NEUTRAL on January 19, 2015, with a target price of $19.90. Dominion Diamond Corporation is engaged in mining and marketing of rough diamonds. It also undertakes rough diamond sorting and sales operations in Canada, Belgium and India […]

Downgrades

WESTLAKE CHEM (WLK) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of WESTLAKE CHEM (WLK) from NEUTRAL to UNDERPERFORM on January 19, 2015, with a target price of $55.50. Westlake Chemical Corporation is a vertically integrated international manufacturer and supplier of petrochemicals, polymers and fabricated products. The company's range of products includes ethylene, polyethylene, styrene, vinyl intermediates, PVC, PVC Pipe, PVC windows, fence and decking components […]

Downgrades

AXOGEN CORP (AXGN) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of AXOGEN CORP (AXGN) from OUTPERFORM to NEUTRAL on January 19, 2015, with a target price of $4.50. AxoGen Corp. is a regenerative medicine company engaged in the development and commercialization of technologies for peripheral nerve reconstruction and regeneration […]