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Cliffs Natural Resources CEO rebukes analyst who says company's stock will decline
2014-11-02 05:33:24| Steel - Topix.net
Quarterly earnings conference calls are usually perfunctory affairs: management's obligatory recitation of the numbers followed by preponderantly softball questions from analysts vainly seeking "color" or "granularity" on one matter or another or guidance on what numbers they should plug into their models. But Cliffs Natural Resources CEO Lourenco Goncalves breached the time-honored social etiquette of the calls in his debut performance Thursday when addressing a question from Wells Fargo analyst Stan Dubinsky.
Tags: will
resources
stock
natural
Steelcase stock hits 52-week high after retired CEO named interim Michigan AD
2014-11-02 02:38:40| Furniture - Topix.net
On the same day retired Steelcase CEO Jim Hackett was named University of Michigan's interim athletic director, the office furniture giant's stock reached a 52 week high. Chalk it up to an odd Halloween coincidence rather than a sign that Wall Street cares about the fate of the university and its struggling football team.
Above-Average Stock Growth Is Likely For Teleflex
2014-11-01 22:00:58| Electronics - Topix.net
Teleflex Incorporated is one of the better valued companies in the Medical Instrument/Supply Industry. The company is also on track for strong earnings growth this year and next year, which will catalyze further stock gains.
Tags: stock
growth
teleflex
growth stock
First Majestic Silver (AG) Stock Hits One-Year Low as Silver Prices Drop to Four-Year Low
2014-11-01 07:54:12| Industrial Machines - Topix.net
Silver futures for the December delivery dropped nearly 5% to $15.635, their lowest price since February 2010, according to Bloomberg . The decline occurred thanks in part to the Bank of Japan, which helped strengthen the U.S. dollar when it bolstered its stimulus by increasing its annual target for enlarging the monetary base to 80 trillion yen, or $723 billion, up from a range of 60 to 70 trillion yen.
Data I/O Q3 net income, earnings jump; stock rises
2014-11-01 06:28:55| Electronics - Topix.net
Third-quarter net income and sales both increased dramatically at Seattle-based programming firm Data I/O Corp., and its shares rose in early Friday trading. Data I/O reported third-quarter net income rose to $646,000, or 8 cents per share, from $146,000 or 2 cents per share, a year earlier.
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