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LZB

La-Z-Boy

$26.75

-0.5 (-1.83%)

16:22
11/30/16
11/30
16:22
11/30/16
16:22

La-Z-Boy CEO says 'past six months has been somewhat choppy'

CEO Kurt L. Darrow said, "We believe the growth strategies we are employing will carry La-Z-Boy into the future and deliver improved performance. In addition to capitalizing on the strength of our brand and efficient operating structure, we are confident our vast distribution structure, which includes the La-Z-Boy Furniture Galleries network of stores, Comfort Studios, and a multitude of additional dealers, gives us a unique competitive advantage in the marketplace. We will continue to invest in our business across a number of areas to drive growth and profitability. At the same time, we are identifying growth strategies for the future. While the consumer environment for the past six months has been somewhat choppy, our team is well versed in adapting our marketing plans and merchandising strategies to ensure we resonate with the consumer, and I have every confidence we will navigate our way through this period."

  • 01

    Dec

LZB La-Z-Boy
$26.75

-0.5 (-1.83%)

01/27/16
01/27/16
DOWNGRADE

Hold
La-Z-Boy downgraded at BB&T
As noted earlier, BB&T downgraded La-Z-Boy to Hold from Buy. The firm notes that the company's competitors have reported negative SSS and "softening orders." BB&T adds that the company is facing a tough orders comp, creating further risk.
01/27/16
01/27/16
DOWNGRADE

On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BG Group (BRGYY) downgraded to Neutral from Outperform at Credit Suisse... Bed Bath & Beyond (BBBY) downgraded to Sell from Neutral at Citi... Bill Barrett (BBG) downgraded to Neutral from Buy at Ladenburg... Brown & Brown (BRO) downgraded to Underweight at Morgan Stanley... Buffalo Wild Wings (BWLD) downgraded to Neutral from Buy at BTIG... Canadian National (CNI) downgraded to Market Perform from Outperform at Raymond James... DreamWorks (DWA) downgraded to Sell from Hold at Topeka... FirstMerit (FMER) downgraded at RBC Capital... Gentex (GNTX) downgraded to Neutral from Outperform at Baird... Haverty Furniture (HVT) downgraded to Sector Weight from Overweight at KeyBanc... Hercules Technology (HTGC) downgraded to Neutral from Buy at Compass Point... Horizon Technology (HRZN) downgraded to Market Perform from Outperform at Raymond James... Installed Building downgraded to Sector Weight from Overweight at KeyBanc... Jarden (JAH) downgraded to Neutral from Buy at Citi... K+S (KPLUF) downgraded to Sell from Hold at Berenberg... La-Z-Boy (LZB) downgraded at BB&T... Legacy Reserves (LGCY) downgraded to Market Perform from Outperform at FBR Capital... Medivation (MDVN) downgraded to Hold from Buy at Canaccord... Merck (MRK) downgraded to Neutral from Buy at BofA/Merrill... Metaldyne Performance (MPG) downgraded to Neutral from Outperform at Baird... Pier 1 Imports (PIR) downgraded to Sector Weight from Overweight at KeyBanc... Priceline (PCLN) downgraded to Neutral from Buy at Goldman... Profire Energy (PFIE) downgraded to Neutral from Buy at Chardan... Regeneron (REGN) downgraded to Hold at Canaccord... Starwood (HOT) downgraded to Underperform from Outperform at CLSA... Swiss Re (SSREY) downgraded to Equal Weight from Overweight at Morgan Stanley... TSYS (TSS) downgraded to Equal-Weight from Overweight at First Analysis... Talmer Bancorp (TLMR) downgraded to Sector Perform from Outperform at RBC Capital... TopBuild (BLD) downgraded to Sector Weight from Overweight at KeyBanc... TripAdvisor (TRIP) downgraded to Sell from Neutral at Goldman... VMware (VMW) downgraded to Hold from Buy at Summit Research... W.R. Grace (GRA) downgraded to Buy from Conviction Buy at Goldman... WEC Energy (WEC) downgraded to Neutral from Conviction Buy at Goldman... Welltower (HCN) downgraded to Underperform from Market Perform at BMO Capital... Yamana Gold (AUY) downgraded to Neutral from Overweight at JPMorgan.
08/05/16
LBOW
08/05/16
INITIATION
LBOW
Neutral
La-Z-Boy initiated with a Neutral at Longbow
08/05/16
08/05/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Yelp (YELP) initiated with a Hold at Loop Capital. 2. Angie's List (ANGI) initiated with a Buy at Loop Capital. 3. GrubHub (GRUB) initiated with a Buy at Loop Capital. 4. Symantec (SYMC) reinstated with an Equal Weight at Barclays. 5. La-Z-Boy (LZB) initiated with a Neutral at Longbow. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

GD

General Dynamics

$195.94

2.7 (1.40%)

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NEO

NeoGenomics

$8.51

0.09 (1.07%)

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CDE

Coeur Mining

$9.41

0.33 (3.63%)

15:35
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Options
Coeur Mining options imply 9.3% move in share price post-earnings, above median historical move »

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  • 27

    Apr

CBU

Community Bank System

$57.90

0.3 (0.52%)

, MBVT

Merchant Bancshares

$50.80

1.15 (2.32%)

15:34
04/26/17
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Community Bank System, Merchant Bancshares approved for merger »

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CBU

Community Bank System

$57.90

0.3 (0.52%)

MBVT

Merchant Bancshares

$50.80

1.15 (2.32%)

03/08/13
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03/06/13
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  • 17

    May

NSC

Norfolk Southern

$117.89

1.11 (0.95%)

15:31
04/26/17
04/26
15:31
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15:31
Options
$17.3M option play will triple open interest in Norfolk Southern options »

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  • 26

    Apr

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    May

NFLX

Netflix

$152.16

8.33 (5.79%)

, FB

Facebook

$146.49

1.02 (0.70%)

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Hot Stocks
FCC chairman outlines net neutrality rollback »

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NFLX

Netflix

$152.16

8.33 (5.79%)

FB

Facebook

$146.49

1.02 (0.70%)

AMZN

Amazon.com

$907.62

0.21 (0.02%)

GOOG

Alphabet

$872.30

9.54 (1.11%)

GOOGL

Alphabet Class A

$888.84

9.91 (1.13%)

CMCSA

Comcast

$38.49

0.48 (1.26%)

CMCSK

Comcast

VZ

Verizon

$47.42

0.72 (1.54%)

T

AT&T

$40.40

0.46 (1.15%)

03/08/13
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03/06/13
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    May

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    May

  • 05

    Jun

SGM

Stonegate Mortgage

$7.96

-0.0059 (-0.07%)

15:29
04/26/17
04/26
15:29
04/26/17
15:29
Conference/Events
Stonegate Mortgage to host special shareholder meeting »

Special Shareholder…

03/08/13
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  • 27

    Apr

NOW

ServiceNow

$90.00

-0.24 (-0.27%)

15:20
04/26/17
04/26
15:20
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15:20
Options
ServiceNow options imply 10.6% move in share price post-earnings, above median historical move »

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  • 26

    Apr

  • 12

    Jun

MS

Morgan Stanley

$44.50

0.225 (0.51%)

15:18
04/26/17
04/26
15:18
04/26/17
15:18
Conference/Events
Morgan Stanley management to meet with Evercore ISI »

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  • 26

    Apr

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    May

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    May

TRU

TransUnion

$39.72

0.92 (2.37%)

15:17
04/26/17
04/26
15:17
04/26/17
15:17
Conference/Events
TransUnion management to meet with Evercore ISI »

Meeting to be held in…

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03/06/13
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  • 26

    Apr

  • 03

    May

  • 09

    May

$NSD

NASDAQ Market Internals

15:17
04/26/17
04/26
15:17
04/26/17
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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HRB

H&R Block

$24.07

-0.175 (-0.72%)

, INTU

Intuit

$119.08

0.32 (0.27%)

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04/26/17
04/26
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Trump Effect: Tax preparers fall as administration promises simpler code »

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HRB

H&R Block

$24.07

-0.175 (-0.72%)

INTU

Intuit

$119.08

0.32 (0.27%)

03/08/13
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03/08/13
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03/06/13
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ZION

Zions Bancorp

$40.49

-1.47 (-3.50%)

15:16
04/26/17
04/26
15:16
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15:16
Conference/Events
Zions Bancorp management to meet with Evercore ISI »

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  • 26

    Apr

$NYE

NYSE Market Internals

15:16
04/26/17
04/26
15:16
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15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
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T

AT&T

$40.34

0.4 (1.00%)

15:14
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AT&T, IBEW reach tentative agreement in Midwest wireline contract negotiations »

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  • 09

    May

  • 16

    May

  • 17

    May

ALNY

Alnylam

$51.35

1.05 (2.09%)

, IONS

Ionis Pharmaceuticals

$47.88

2.14 (4.68%)

15:12
04/26/17
04/26
15:12
04/26/17
15:12
Recommendations
Alnylam, Ionis Pharmaceuticals analyst commentary  »

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ALNY

Alnylam

$51.35

1.05 (2.09%)

IONS

Ionis Pharmaceuticals

$47.88

2.14 (4.68%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 26

    Apr

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    Apr

  • 09

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    May

  • 24

    May

  • 06

    Jun

VIX

Volatility Index S&P 500 Options

$10.47

-0.29 (-2.70%)

15:11
04/26/17
04/26
15:11
04/26/17
15:11
Options
Quiet day in the VIX pit as markets see muted reaction to Trump's tax plan »

Quiet day in the VIX pit…

03/08/13
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03/06/13
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03/06/13
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STX

Seagate

$50.51

1.09 (2.21%)

15:10
04/26/17
04/26
15:10
04/26/17
15:10
Recommendations
Seagate analyst commentary  »

Needham would be…

03/08/13
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03/08/13
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03/06/13
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  • 26

    Apr

  • 08

    Jun

FFIV

F5 Networks

$138.19

0.26 (0.19%)

15:05
04/26/17
04/26
15:05
04/26/17
15:05
Options
F5 Networks options imply 9.1% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
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  • 26

    Apr

USB

U.S. Bancorp

$52.47

0.34 (0.65%)

15:01
04/26/17
04/26
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U.S. Bank names Kate Quinn chief administrative officer »

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  • 31

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    Jan

T

AT&T

$40.26

0.32 (0.80%)

15:00
04/26/17
04/26
15:00
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Hot Stocks
AT&T CEO 'applauds' FCC initiative to remove 'regulatory cloud' over internet »

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  • 09

    May

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    May

AMZN

Amazon.com

$907.62

0.21 (0.02%)

14:55
04/26/17
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14:55
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Amazon debuts 'Echo Look' camera, style assistant »

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  • 27

    Apr

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  • 16

    May

  • 16

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  • 23

    May

MENB

Mendocino Brewing Company, Inc.

14:52
04/26/17
04/26
14:52
04/26/17
14:52
Hot Stocks
Mendocino Brewing Company gets amendment to current credit facility »

Effective April 25,…

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MLNX

Mellanox

$50.95

-0.55 (-1.07%)

14:50
04/26/17
04/26
14:50
04/26/17
14:50
Options
Mellanox options imply 9.3% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
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