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Stifel Nicolaus Cuts PT to $35 on Select Comfort Corporation on December Sales Challenges

2013-01-26 18:58:57| Furniture - Topix.net

Stifel Nicolaus reiterated its Buy rating on Select Comfort Corporation and lowered the price target from $42.00 to $35.00. Stifel Nicolaus commented, "The big story was a sales drop off in the last two weeks of December which was described by management as "unexpected and abrupt." Management commented that sales up to that point were in line or ... (more)

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Apple Cuts Ties With Chinese Supplier Over Underage Labor

2013-01-25 17:34:56| PC Magazine Cell Phones Product Guide

Apple has released a report that details its most recent efforts to curb the use of underage workers at its factories around the world.

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SocGen cuts EU carbon price forecasts for 2013-2015 by 30 pct

2013-01-25 10:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Societe Generale cut its forecasts for average European Union carbon prices from 2013 to 2015 on Friday by around 30 percent, given falls to record lows this week, analysts said in a research note. The bank said it sees 2013 prices for EU Allowances averaging 6.5 euros, down from 9.3 euros forecast in a Reuters poll earlier this month. Prices in 2014 will average 7.5 euros, down from 10.9 euros and 2015 EUA prices will average 8.5 euros from 11.9 euros. On Thursday, benchmark 2013 EUA prices...

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VIDEO: Commerzbank plans 6,000 job cuts

2013-01-24 22:31:52| BBC News | Business | UK Edition

Germany's second-biggest lender Commerzbank is planning to cut as many as 6,000 jobs, or more than 10% of its workforce.

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Apple results spur price target cuts

2013-01-24 21:47:09| Apparel - Topix.net

Apple Inc's shares fell by as much as 12 percent on Thursday, staging their biggest percentage drop in over four years and slicing more than $50 billion from the company's market value, as disappointing holiday-period iPhone sales reinforced fears it is losing its dominance in smartphones.

Tags: results price target apple

 

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