The Heritage Foundation to hold a discussion on energy exports Discussion entitled, "Energy Exports and Free Trade: How the U.S. Can Take Advantage of a Tremendous Opportunity" with Senior Director Jamie Webster of IHS and Vice President of National Association of Manufacturers, Ross Eisenberg to be held in Washington, D.C. on July 24 at 10 am.
IHS Inc. downgraded to Underweight from Equal Weight at Morgan Stanley As previously reported, Morgan Stanley downgraded IHS Inc to Underweight from Equal Weight. The firm expects declining capex at energy companies to pressure organic revenue growth and has concerns the company pursue larger acquisitions to compensate. Price target lowered to $107 from $131.
IHS Inc. downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded IHS Inc. to Hold saying the decline in oil prices and expected declines in energy projects is likely to decrease 2015 demand for the company's energy information. Deutsche lowered its price target for shares to $125 from $150.