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Analyst Highlights Three Main Factors For Cree's Q3 Guidance Cut; Stock Falls ~20%

2016-04-06 17:14:55| Semiconductors - Topix.net

Cree, Inc. pre-announced its F3Q results, with the revenue and EPS below the guidance, driven by lower lighting product revenues. Summit Research's Srini Sundararajan maintains a Hold rating on the company, while lowering the price target from $30 to $25.

Tags: main stock cut factors

Brown-Forman Co. (BF.B) Stock Rating Upgraded by Zacks Investment Research

2016-04-06 12:39:52| Beverages - Topix.net

According to Zacks, "Brown-Forman saw continued soft sales in third-quarter fiscal 2016, lagging estimates for the third consecutive quarter. The top line mirrored the impact of adverse currency fluctuations, which are also expected to linger in the future.

Tags: research rating stock investment

AK Steel Holding Co. (AKS) Stock Rating Reaffirmed by JPMorgan Chase & Co.

2016-04-06 12:06:58| Steel - Topix.net

's stock had its "overweight" rating reiterated by stock analysts at JPMorgan Chase & Co. in a note issued to investors on Tuesday, ARN reports.

Tags: co rating stock holding

Willamette Valley Vineyards, Inc. (WVVI) Director Sells $14,280.00 in Stock

2016-04-06 08:21:06| Beverages - Topix.net

Willamette Valley Vineyards, Inc. Director James L. Ellis sold 2,040 shares of Willamette Valley Vineyards stock in a transaction dated Monday, April 4th. The shares were sold at an average price of $7.00, for a total value of $14,280.00.

Tags: stock director valley sells