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News Breaks | | | | June 21, 2012 | | 10:30 EDT |  | ZQK, ZUMZ, WXS, HEI, CNP, UA, DCT, NIHD, CIM | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CenterPoint Energy (CNP) downgraded to Neutral from Outperform at Credit Suisse... Chimera Investment (CIM) downgraded to Neutral from Outperform at Credit Suisse... Chimera Investment downgraded to Underperform from Neutral at BofA/Merrill... DCT Industrial (DCT) downgraded to Underperform from Market Perform at Wells Fargo... HEICO (HEI) downgraded to Neutral from Outperform at Credit Suisse... NII Holdings (NIHD) downgraded to Market Perform from Outperform at Wells Fargo... Under Armour (UA) downgraded to Neutral from Buy at UBS... Wright Express (WXS) downgraded to Sell from Neutral at Citigroup... Zumiez (ZUMZ) downgraded to Neutral from Buy at Roth Capital... Quiksilver (ZQK) downgraded to Neutral from Buy at Roth Capital. | |
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News For CNP;CIM;DCT;HEI;NIHD;UA;WXS;ZUMZ;ZQK From The Last 14 Days Check below for free stories on CNP;CIM;DCT;HEI;NIHD;UA;WXS;ZUMZ;ZQK the last two weeks. |
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| May 16, 2013 | | 18:41 EDT |  | ZQK | Quiksilver announces multi-year profit improvement plan
Quiksilver announced an aggressive multi-year profit improvement plan designed to accelerate the company's three fundamental strategies of strengthening brands, growing sales and driving operational efficiencies. The plan's initiatives focus on prioritizing the company's core brands, globalizing key functions and reducing its cost structure. The company expects that the plan, when fully implemented in 2016, will improve EBITDA by approximately $150M, of which approximately one-half will come from supply chain optimization and the other half primarily from corporate overhead reductions, licensing opportunities, net revenue growth and improved pricing management, compared with 2012 results. More specifically, the plan calls for improvement, over the same period, in the following areas: Net revenues to see compound annual growth rate of approximately 2.5%, and EBITDA to increase to at least 13% of net revenues. | | | 16:18 EDT | | CIM | Chimera Investment names Robert Colligan CFO
 Subscribe for More Information | | | May 14, 2013 | | 08:06 EDT |  | UA | BofA/Merrill's retail analysts hold an analyst/industry conference call
Global Retail Team discusses key global athletic themes including industry trends, sourcing costs outlook and favorite investment ideas on an Analyst/Industry conference call. Relevant covered companies COLM, COST, DKS, FINL, FL, GES, JNY, NKE, PVH, RL, TGT, UA and WMT may be included on the Analyst/Industry conference call to be held on May 14 at 10 am. | | | May 10, 2013 | | 10:56 EDT | | ZQK | T. Rowe Price reports 10.5% passive stake in Quiksilver
| | | May 8, 2013 | | 16:06 EDT | | ZUMZ | Zumiez reports April SSS increased 4.6%
| | | 08:37 EDT |  | ZQK | Quiksilver price target raised to $9 from $7 at Stifel
Subscribe for More Information | | | May 6, 2013 | | 08:33 EDT | | HEI | HEICO agrees to acquire Reinhold Industries
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