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Sweden's EuroMaint agrees to sell German operations to Iberia Capital Group

2016-01-05 01:00:00| Railway Technology

Swedish company Euromaint has agreed to sell all of its shares in its German rolling stock maintenance business to Iberia Industry Capital Group for an undisclosed amount.

Tags: group sell capital german

 

Zacks Investment Research Lowers Reliance Steel & Aluminum (RS) to Sell

2016-01-04 22:09:11| Steel - Topix.net

According to Zacks, "Reliance Steel's profit for third-quarter 2015 tumbled year over year, hurt by lower metals pricing. Adjusted earnings for the quarter topped the Zacks Consensus Estimate while sales missed expectations.

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The Valspar Corp (VAL) Lowered to "Sell" at Zacks Investment Research

2016-01-04 22:03:19| Chemicals - Topix.net

According to Zacks, "Valspar recorded lower profits in fourth-quarter fiscal 2015. Adjusted earnings for the quarter surpassed the Zacks Consensus Estimate, while revenues lagged the same.

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Verizon Communications Inc. (VZ) Cut to Sell at Zacks Investment Research

2016-01-04 21:39:26| IT Services - Topix.net

According to Zacks, "Verizon recently predicted that its earnings may be flat on a year-over-year basis in 2016 as it does not see enough variables for growth in the upcoming year. Thus, we expect Verizon to face the brunt in the near term since it has been lagging the price transformation drive in the industry.

Tags: research sell cut communications

 

Zacks Investment Research Lowers Timken Co (TKR) to Sell

2016-01-04 10:34:28| Industrial Machines - Topix.net

According to Zacks, "Timken Company's activities are divided into two principal segments. The first is anti-friction bearings and the other is steel.

Tags: research sell investment lowers

 

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