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Traders Sell Shares of Eli Lilly and Co (LLY) on Strength Following Analyst Downgrade

2016-02-24 03:04:30| Agriculture - Topix.net

Investors sold shares of Eli Lilly and Co on strength during trading on Tuesday after Jefferies Group lowered their price target on the stock to $110.00, MarketBeat.Com reports. $56.28 million flowed into the stock on the tick-up and $74.18 million flowed out of the stock on the tick-down, for a money net flow of $17.90 million out of the stock.

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Buffett's Berkshire avoids S&P rating downgrade

2016-02-20 01:22:41| Industrial Machines - Topix.net

Berkshire had been put on review on Aug. 11 for a possible downgrade on concern about Buffett's decision to deploy a large amount of cash toward the $32 billion acquisition of industrial parts maker Precision Castparts Corp. But S&P analyst Laline Carvalho said Berkshire's ratings were supported by the Omaha, Nebraska-based company's "excellent" profitability, "exceptional" liquidity and ability to generate significant cash flow from its roughly 90 operating businesses. S&P's "AA" rating is its third-highest, and its outlook for Berkshire is "stable."

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Buffett's Berkshire avoids S&P rating downgrade

2016-02-19 21:49:18| Food - Topix.net

Berkshire had been put on review on Aug. 11 for a possible downgrade on concern about Buffett's decision to deploy a large amount of cash toward the $32 billion acquisition of industrial parts maker Precision Castparts Corp. But S&P analyst Laline Carvalho said Berkshire's ratings were supported by the Omaha, Nebraska-based company's "excellent" profitability, "exceptional" liquidity and ability to generate significant cash flow from its roughly 90 operating businesses. S&P's "AA" rating is its third-highest, and its outlook for Berkshire is "stable."

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Carpenter Technology Co. (CRS) Trading Down 5.4% Following Analyst Downgrade

2016-02-19 15:59:01| Steel - Topix.net

Carpenter Technology Co. 's share price fell 5.4% during trading on Thursday after Sterne Agee CRT lowered their price target on the stock from $40.00 to $30.00, Analyst Ratings.Net reports.

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Rackspace Hosting, Inc. (RAX) Reaches New 12-Month Low Following Analyst Downgrade

2016-02-18 01:59:34| IT Services - Topix.net

Rackspace Hosting, Inc. 's share price reached a new 52-week low during mid-day trading on Wednesday after JPMorgan Chase & Co. lowered their price target on the stock from $34.00 to $22.00, Market Beat.com reports.

Tags: low hosting analyst reaches

 

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