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Stock Market & Financial Investment News

News Breaks
March 20, 2014
09:56 EDTMLHRHerman Miller rallies after results, levels to watch
Price was last at $31.51, up over 9.7%, following earnings posted last night after the close. The move has taken shares near the 52-week high at $32.31 and that level remains resistance. Support is at $31.07.
News For MLHR From The Last 14 Days
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June 30, 2015
10:00 EDTMLHROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Abercrombie & Fitch (ANF) downgraded to Market Perform from Outperform at FBR Capital... Apollo Education (APOL) downgraded on enrollment uncertainty at BofA/Merrill... Flagstar Bancorp (FBC) downgraded to Hold from Buy at Sandler O'Neill... Global Brass and Copper (BRSS) downgraded to Hold from Buy at BB&T... HSBC (HSBC) downgraded to Neutral from Buy at Goldman... Herman Miller (MLHR) downgraded to Neutral at Longbow... NiSource (NI) downgraded on valuation, post spinoff outlook at Argus... Sysco (SYY) downgraded to Hold from Buy at Deutsche Bank... TCF Financial (TCB) downgraded to Hold from Buy at Sandler O'Neill.
08:31 EDTMLHRHerman Miller downgraded to Neutral at Longbow
As previously reported, Longbow downgraded Herman Miller to Neutral from Buy. The firm expects shares to be range-bound in the low $30s over the next several quarters due to increasing SG&A expenses, currency headwinds, and lack of revenue repeat from a large energy project.
06:01 EDTMLHRHerman Miller downgraded to Neutral from Buy at Longbow
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June 24, 2015
19:01 EDTMLHROn The Fly: After Hours Movers
UP AFTER EARNINGS: Herman Miller (MLHR), up 5.1%. ALSO HIGHER: Turtle Beach (HEAR), up 3.6% after partnering with AuDConnex for direct audio hearing solution. DOWN AFTER EARNINGS: Bed Bath & Beyond (BBBY), down 2.6%. ALSO LOWER: Cree (CREE), down 5.1% after lowering fourth quarter revenue outlook... Sabra Health Care (SBRA), down 2.7% after filing to sell 5M shares of common stock at a price range of $25.25-$25.65.
16:05 EDTMLHRHerman Miller sees Q1 EPS 44c-48c, consensus 50c
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16:04 EDTMLHRHerman Miller increases dividend 5% to 14.75c per share
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16:03 EDTMLHRHerman Miller reports Q4 adjusted EPS 47c, consensus 41c
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