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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:22 EDTHAINHain Celestial announces accretive acquisition of Tilda
The Hain Celestial Group announced the acquisition of Tilda. The Tilda brand offers a range of over 60 dry rice and ready-to-heat branded products under the names Tilda, Akash Basmati and Abu Shmagh to consumers in over 40 countries, principally in the United Kingdom, the Middle East and North Africa, Continental Europe, North America and India. In calendar year 2013, Tilda generated approximately $190M in net sales and is expected to be accretive to Hain Celestial's adjusted EPS in the second half of FY14 by 6c-10c per diluted share.
News For HAIN From The Last 14 Days
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February 2, 2016
10:01 EDTHAINOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Agnico Eagle (AEM) downgraded to Hold from Buy at Desjardins... Alere (ALR) downgraded to Hold from Buy at Canaccord... Antero Resources (AR) downgraded to Reduce from Neutral at SunTrust... Carbylan (CBYL) downgraded to Market Perform from Outperform at Leerink... Copa Holdings (CPA) downgraded to Hold from Buy at Deutsche Bank... Dominion (D) downgraded to Neutral from Buy at Citi... Duke Energy (DUK) downgraded to Market Perform from Outperform at Wells Fargo... Hain Celestial (HAIN) downgraded to Neutral from Overweight at Piper Jaffray... Integrated Device (IDTI) downgraded to Neutral from Buy at BofA/Merrill... Logitech (LOGI) downgraded to Underweight from Equal Weight at Morgan Stanley... Merus Labs (MSLI) downgraded to Sector Perform from Outperform at Scotiabank... New Gold (NGD) downgraded to Sell from Buy at Desjardins... Nokia (NOK) downgraded to Underperform from Buy at CLSA... Plantronics (PLT) downgraded to Underperform from Outperform at Raymond James... Pool Corp. (POOL) downgraded to Equal Weight from Overweight at Stephens... Praxair (PX) downgraded to Sector Weight from Overweight at KeyBanc... Rofin-Sinar (RSTI) downgraded to Neutral from Buy at Longbow... Southwestern Energy (SWN) downgraded to Neutral from Overweight at JPMorgan... Stifel cuts Twitter (TWTR) to Sell after noting Yahoo has significantly more users... Superior Energy (SPN) downgraded to In-Line from Outperform at Imperial Capital... Sysco (SYY) downgraded to Underweight from Equal Weight at Morgan Stanley... Telenor (TELNY) downgraded to Underperform from Neutral at Credit Suisse... Twitter (TWTR) downgraded to Sell from Hold at Stifel... Valeo (VLEEY) downgraded to Underweight from Equal Weight at Morgan Stanley.
07:43 EDTHAINHain Celestial showing signs of a turnaround, says SunTrust
After Hain reported better than expected Q2 results and maintained its fiscal 2016 guidance, SunTrust thinks the company's growth has been curtailed by short-term issues. However, the firm believes that the company is showing signs of a turnaround. It trimmed its price target on the name to $50 from $55 to reflect multiple contraction but keeps a Buy rating on the shares.
07:24 EDTHAINHain Celestial price target lowered to $44 from $47 at Canaccord
Canaccord lowered its price target on Hain Celestial to $44 from $47 following its Q2 results. The firm believes guidance generally offered consistency that should add to investor confidence incrementally. Canaccord maintained its Buy rating on Hain Celestial shares.
05:46 EDTHAINHain Celestial downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray analyst Sean Naughton downgraded Hain Celestial to Neutral saying the company's investments to drive growth may take time. It will take longer than 12 months for the shares to once again trade at a premium to the group, Naughton tells investors in a research note. He dropped his price target for the shares to $38 from $42.
February 1, 2016
16:15 EDTHAINHain Celestial sees FY16 EPS $1.95-$2.10, consensus $2.02
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16:13 EDTHAINHain Celestial reports Q2 EPS 57c, consensus 54c
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