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Stock Market & Financial Investment News

News Breaks
January 23, 2014
08:18 EDTBRSSGlobal Brass & Copper 6.4M share Spot Secondary priced at $17.00
The deal size was increased to 6.4M shares from 3.75M shares. Morgan Stanley acted as sole book running manager for the offering.
News For BRSS From The Last 14 Days
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November 25, 2014
10:00 EDTBRSSOn The Fly: Analyst Downgrade Summary
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November 24, 2014
21:02 EDTBRSSGlobal Brass and Copper downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Global Brass and Copper Holdings to Neutral citing a decline in munition demand and lower margins from import pressures following the company's Q3 results. Goldman dropped its price target for shares to $14.50 from $19.
November 17, 2014
09:06 EDTBRSSGlobal Brass & Copper price target lowered to $15 from $18 at BB&T
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November 12, 2014
17:28 EDTBRSSGlobal Brass & Copper lowers 2014 adjusted revenue to $529M-$537M
Previous adjusted revenue view was $568M-$575M. Lowers 2014 adjusted EBITDA to $108M-$111M from $118M-$123M. Lowers 2014 shipment volume view to 510M-518M pounds from 536M-542M pounds.
17:25 EDTBRSSGlobal Brass & Copper reports Q3 adjusted EPS 51c, consensus 58c
Reports Q3 revenue $436.8MM, consensus $459.96M.

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