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Leggett & Platt, Inc. (LEG) Rating Lowered to Hold at Zacks Investment Research
2016-01-19 02:06:44| Furniture - Topix.net
According to Zacks, "Driven by solid volume gains across most businesses and record EBIT margins, Leggett posted better-than-expected third-quarter 2015 earnings, which encouraged management to raise its 2015 earnings outlook. However, the company's significant global presence exposes it to various risks associated with operating internationally.
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Hasbro, Inc. (HAS) Rating Increased to Hold at Zacks Investment Research
2016-01-19 00:21:42| Toys - Topix.net
According to Zacks, "Hasbro's consistent efforts to establish its presence worldwide through strategic partnerships and rapid growth in the emerging markets are expected to bode well for the company, going forward. Despite currency headwinds, the company's earnings and revenues have surpassed the Zacks Consensus Estimate so far in 2015 on the back of these efforts.
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Broadcom Co. (BRCM) Stock Rating Lowered by Zacks Investment Research
2016-01-18 23:57:04| Semiconductors - Topix.net
According to Zacks, "Broadcom's existence as a standalone firm is likely to cease with the Avago merger in the first half of 2016. Broadcom remains susceptible to foreign exchange rate volatility and global macroeconomic challenges amid falling gasoline prices and tensions in the Middle East.
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Kate Spade & Co (NASDAQ:KATE) Given Consensus Rating of "Buy" by Brokerages
2016-01-18 22:57:09| Apparel - Topix.net
Kate Spade & Co has been assigned a consensus rating of "Buy" from the twenty-three brokerages that are covering the stock, Marketbeat reports . Seven research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company.
Bunge Ltd (NYSE:BG) Given Consensus Rating of "Buy" by Brokerages
2016-01-18 22:52:04| Agriculture - Topix.net
Bunge Ltd has been given an average recommendation of "Hold" by the thirteen brokerages that are currently covering the firm, Market Beat reports . One research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating on the company.
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