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Lancaster Colony Corporation: Time To Sell, Not Buy

2015-09-09 12:20:45| Food - Topix.net

With the share price currently around $97, a return to a more normal valuation suggests downside risk up to $30 per share - around 30% downside risk. The stock is overpriced because investors have been overly enthusiastic following the sale of the glassware and candle operation and the subsequent Flatout Holdings acquisition.

Tags: time buy sell corporation

 

Ecopetrol Given Average Recommendation of "Sell" by Analysts

2015-09-08 20:38:30| Jewelry - Topix.net

Shares of Ecopetrol have earned a consensus rating of "Sell" from the eight brokerages that are currently covering the company, MarketBeat Ratings reports . Five equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company.

Tags: sell average recommendation analysts

 
 

AutoNation says it won't sell cars that need safety repairs

2015-09-08 15:56:28| Auto Dealers - Topix.net

The announcement comes after a record-setting run of safety recalls in the United States over the past two years. Consumer groups and members of Congress have stepped up calls for legislation to forbid auto dealers from selling new or used vehicles that have been recalled for safety defects, but have not been fixed.

Tags: sell cars safety repairs

 

Amazon to sell new 6-inch tablet for USD 50 - report

2015-09-08 09:04:00| Telecompaper Headlines

(Telecompaper) Amazon plans to release a 6-inch tablet costing only USD 50 in time for the holidays, people familiar with matter told the Wall Street Journal. At this price point, the new tablet will cost half as much as the current Fire HD 6-in tablet. The new product will have a mono speaker, rather than stereo, according to one of the persons. To keep costs low, much of the tablet's development was outsourced to Shanghai Huaqin Telecom Technology, Compal Communications and others. Neither would comment. Amazon will also launch 8-inch and 10-inch tablets this year.

Tags: report sell amazon usd

 

Zacks Lowers Getty Realty Corp. to Sell

2015-09-08 05:32:40| Real Estate - Topix.net

According to Zacks, "Getty Realty Corp. is a real estate investment trust engaged in the ownership, leasing and financing of retail motor fuel and convenience store properties and petroleum distribution terminals in the United States. The company's properties are leased or sublet to distributors and retailers engaged in the sale of gasoline and various motor fuel products, convenience store products, and automotive repair services.

Tags: sell corp realty getty

 

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