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Kellogg Co. shares fall 2% after fourth quarter earnings below analyst expectations

2015-02-13 06:06:29| Agriculture - Topix.net

The company reported a net loss of $293 million, or 82 cents per share, down from net income of $818 million, or $2.26 a share in the year-earlier period. The company reported adjusted earnings per share of 84 cents, below the FactSet consensus of 93 cents.

Tags: fall fourth quarter shares

 

Analyst Downgrades: Fuel Systems Solutions, Inc., NIKE, Inc., and Pier 1 Imports, Inc.

2015-02-12 13:33:40| Footwear - Topix.net

Despite rallying more than 25% over the last year to settle at $92.75, NKE saw its price target cut to $106 from $115 at Buckingham -- though, the brokerage firm also reiterated its "buy" opinion. Since hitting a record high of $99.76 in late November, the shares have been trending lower, pressured by their 20-day moving average.

Tags: inc systems solutions fuel

 
 

Hasbro (HAS) Stock Rising Today on Analyst Upgrade

2015-02-10 20:45:50| Toys - Topix.net

The firm raised its rating on Hasbro with a $70 price target, following the release of the company's mixed fourth quarter earnings report. For the fourth quarter, Hasbro posted earnings of $1.22 per share, higher than the $1.21 it reported a year ago, and topping the $1.19 per share analysts expected.

Tags: today stock upgrade rising

 

Ex-Merck analyst to plead guilty in insider-trading case

2015-02-09 19:35:26| Biotech - Topix.net

Zachary Zwerko, an ex-analyst for Merck & Co., will plead guilty in a case charging him with passing inside merger tips to a former business school classmate who was working at Bank of New York Mellon Corp., his lawyer told U.S. District Judge Alvin Hellerstein in New York.

Tags: case analyst guilty plead

 

Analyst Downgrades: Alibaba Group Holding Limited, Deckers Outdoor Corporation, and Google Inc.

2015-01-31 13:36:54| Footwear - Topix.net

Analysts are weighing in today on Chinese e-commerce giant Alibaba Group Holding Ltd , footwear seller Deckers Outdoor Corp , and tech titan Google Inc .

Tags: inc group limited google

 

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