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International Paper And Packaging Corp. Stock Slumps After Citi Downgrades To Neutral
2016-01-25 23:00:04| Paper - Topix.net
Shares of International Paper Co. and Packaging Corp. of America slumped Monday, after Citigroup downgraded them to neutral, after trade publication Pulp & Paper Week cut January prices for kraftliner and corrugated medium, two kinds of containerboard.
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2015 was warmest year on record; El Nio, climate change to blame
2016-01-25 22:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Republic: The National Oceanic and Atmospheric Administration's most recent State of the Climate report confirmed what many climatologists have been predicting for most of the past year. The year 2015 was the warmest since records on that statistic have been kept starting in 1880. The average temperature last year was 1.62 degreesFahrenheit above the 20th-century average of 57 degrees. That temperature topped the record set in 2014 by 0.29 degrees. Last year not only was the warmest calendar year, it also...
Bassett Furniture's Recent Spike Higher Is Another Opportunity To Short
2016-01-25 21:23:57| Furniture - Topix.net
Last July, I laid out some arguments for why I felt Bassett Furniture was highly overvalued. The company's fundamentals and a questionable purchase of a trucking company made me feel that at $37, the stock was expensive.
Advance Auto Parts, Inc. (AAP) Downgraded by Zacks Investment Research to "Sell"
2016-01-25 20:10:17| Auto Parts - Topix.net
According to Zacks, "Advance Auto Parts reported a rise in adjusted earnings per share in the third quarter of fiscal 2015. However, the figure missed the Zacks Consensus Estimate.
American Axle & Manufact. Holdings, Inc. (AXL) PT Lowered to $18.00
2016-01-25 18:22:15| Automakers - Topix.net
The brokerage presently has an "equal weight" rating on the stock. Barclays' price objective indicates a potential upside of 36.26% from the company's previous close.
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