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Tag: downgrade
Qorvo shares slide another 9 percent on analyst downgrade, weak China outlook
2015-09-29 06:46:49| Semiconductors - Topix.net
The value of communications chipmaker Qorvo has fallen by half in the last three months, including a 9 percent slide in the share price Monday when a Portland investment firm sharply cut its rating on the stock. The deteriorating outlook will put additional pressure on the company to deal with excess production capacity, amplifying the uncertainty around the long-term future of its Hillsboro factory.
Tags: china
percent
shares
slide
Orchid Island Capital: Too Much Positive Performance Earns A Downgrade
2015-09-21 00:48:22| Real Estate - Topix.net
I've been a huge bull for ORC. The shares rallied to my expected range. The "buy" rating is removed.
Tags: performance
capital
positive
island
Timkensteel (TMST) Stock Tanks on Analyst Downgrade
2015-09-14 17:54:06| Industrial Machines - Topix.net
The move comes after the company lowered its third quarter EBITDA guidance to a loss between $30 million and $40 million. The firm also slashed the company's price target to $12 per share from $28 per share, a potential 9.5% decrease from the stock's current trading price.
Tags: stock
analyst
tanks
downgrade
Using technology to downgrade crash costs
2015-07-24 16:33:10| Air Courier - Topix.net
Fred Andersky will tell you that one of the overarching goals of safety systems today from electronic stability control to collision mitigation technology is not only to prevent vehicle crashes but to "downgrade" the crashes that do occur, not only potentially saving lives but lots of money as well. "You really don't want to experience any of this technology in real life situations; if you do, it means something went terribly wrong, that you've mucked up really bad," he told Fleet Owner during a safety system demonstration event held jointly by United Parcel Service and Bendix Commercial Vehicle Systems in Norwalk, OH, this week.
Tags: technology
costs
crash
downgrade
Ashtead slumps after double downgrade by Bank of America ML
2015-07-22 10:55:20| Industrial Machines - Topix.net
Ashtead took a hit on Wednesday after a double downgrade by Bank of America Merrill Lynch, which cut the stock to 'underperform' from 'buy' and slashed its price target to 1,000p from 1,300p, pointing to a "triple whammy" of worrying trends. "We have become increasingly concerned that the rental rate environment has weakened in recent months and the outlook for further rate growth from the current cyclical peak looks increasing unlikely," the bank said.
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