Commercial Metals falls after analyst downgrades stock on weak non-residential constructionSeptember 23rd, 2009 Commercial Metals shares fall after downgradeNEW YORK — Commercial Metals Co. fell Wednesday after an analyst downgraded the shares to "Neutral" from "Buy" because weak non-residential construction is expected to limit volumes and prices.
American Superconductor shares rise as analyst reiterates "Outperform" ratingSeptember 23rd, 2009 American Superconductor shares riseNEW YORK — Shares of American Superconductor Corp., which makes equipment for power generators and utilities, rose on Wednesday as an analyst reiterated an "Outperform" rating for the company. American Superconductor shares rose 58 cents to $31.67 in afternoon trading.
Shares of URS fall as analyst downgrades on delay in stimulus spendingSeptember 21st, 2009 Shares of URS fall on analyst downgradeHARTFORD, Conn. — Shares of URS Corp.
FreightCar America shares fall after analyst says stock is too expensive to keep 'Buy'August 25th, 2009 FreightCar America shares fall after downgradeNEW YORK — FreightCar America Inc. fell Tuesday after an analyst downgraded the stock, saying shares of the railcar manufacturer were too expensive to warrant a "Buy" rating.
Flushing Financial shares fall after downgrade; analyst cites light reserves, apartment marketAugust 24th, 2009 Flushing Financial shares dip on analyst downgradeBOSTON — Shares of Flushing Financial Corp. fell on Monday after an analyst downgraded the thrift, saying the company maintains a light financial reserve despite its exposure to troubled loans in the metropolitan New York apartment market.
American Capital shares tumble after S&P cuts investment firm's credit ratingAugust 24th, 2009 American Capital shares fall after S&P downgradeBOSTON — Shares of American Capital Ltd. tumbled on Monday after Standard & Poor's Ratings Services lowered debt ratings for the investment firm, citing concerns over debt and earnings performance.
Guess fall offerings such as skinny and 'boyfriend' jeans bode well for fall, analyst saysAugust 19th, 2009 Guess fall offerings are strong, analyst saysNEW YORK — Fall lines for apparel retailer Guess Inc.'s two brands, Guess and Guess by Marciano, appear on target, an analyst said Wednesday and reiterated her "Buy" rating on the stock. Namesake Guess stores — which have lowered prices, is offering denim and other apparel with a "rock and roll" vibe, while Guess by Marciano's apparel is "dressier and more sophisticated," said Sterne Agee & Leach analyst Margaret Whitfield.
Movers roundup: Genworth shares fall on downgrade, analyst cuts rating for Barnes & NobleAugust 14th, 2009 Movers roundup: Genworth, Barnes & NobleAmong the stock activity stories for Friday, Aug. 14, from AP Financial News:
CHARLOTTE, N.C.
First Horizon National shares dip after analyst cuts rating, citing recent run-up in priceAugust 10th, 2009 First Horizon's performance earns it a downgradeNEW YORK —First Horizon National Corp.'s aggressive handling of its bad mortgage and construction loans earned the bank praise, but it's stock got a downgrade Monday. Stifel Nicolaus & Co.
Applied Industrial shares decline on investment rating downgradeAugust 4th, 2009 Applied Industrial shares fall on downgradeWASHINGTON — Shares of Applied Industrial Technologies Inc. fell Tuesday after an analyst downgraded the industrial parts distributor's investment rating.
Capital Product Partners shares fall on downgrade; analyst cites weak tanker market, cash woesAugust 3rd, 2009 Capital Product Partners shares fall on downgradeNEW YORK — Shares of Greek oil tanker operator Capital Product Partners LP slipped Monday after an analyst downgraded the stock, saying the company's revenue will suffer as it renews contracts for a number of its vessels amid plummeting rates and ship values. Raymond James analyst Darren Horowitz cut the stock to "Underperform" from "Outperform." He said he expects the partnership's cash flow to be hit significantly as it looks to put 8 of its 18 vessels under new contracts though 2010.
Perrigo falls after analyst cuts rating to 'Neutral,' as shares are up 50 percent from lowsJuly 28th, 2009 Perrigo slips following Credit Suisse downgradeNEW YORK — Perrigo Co. shares dipped Tuesday after a Credit Suisse analyst downgraded the drugmaker's shares to "Neutral" from "Outperform."
Perrigo stock set an annual low of $18.54 on March 2, and as of Monday's closing price, is up 52.6 percent since that time.
RBC Bearnings shares fall after recent price hike leads analyst to downgrade the stockJuly 21st, 2009 RBC Bearings falls after analyst downgradeNEW YORK — RBC Bearings Inc., which makes bearings for aerospace and industrial markets, fell Tuesday after an analyst downgraded the stock, which has doubled in value since the last quarter. Peter Lisnic of Baird changed his rating on shares of the Oxford, Conn., company to "Neutral" from "Outperform" after the shares closed Monday at $23.76, up from its March 9 close of $12.27.
Shares of Overseas Shipholding dip after downgrade by FBRJune 26th, 2009 FBR downgrades Overseas ShipholdingNEW YORK — Shares of Overseas Shipholding Group Inc. fell Friday after FBR Capital Markets downgraded the stock, citing the possibility of disappointing second-quarter earnings.
Wright Express shares off on downgrade detailing dilemma for future of financial services unitJune 24th, 2009 Wright Express downgraded on bank unit dilemmaNEW YORK — Shares of Wright Express Corp. fell in Wednesday trading following a downgrade from an analyst concerned about the implications new banking regulations could have for the company, which is primarily a payment processor for commercial and government vehicle fleets.
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