Breaking News Instant updates and real-time market news.

LZB

La-Z-Boy

$27.05

0.05 (0.19%)

16:19
05/18/17
05/18
16:19
05/18/17
16:19

La-Z-Boy promotes J. Douglas Collier to Chief Commercial Officer

La-Z-Boy announced organizational changes within its senior leadership team. Kurt L. Darrow, Chairman, President and CEO, of La-Z-Boy Incorporated, said: "After a thorough review of our structure, we are taking steps to better align the organization to achieve our strategic objectives and drive accelerated growth throughout the business. We have a strong and talented team of executives in place to execute our strategies and develop longer term initiatives to deliver sustainable performance. With respect to our ongoing succession planning objectives, we believe these moves are appropriate to ensure the company has the correct leadership structure." J. Douglas Collier, Senior Vice President, Chief Marketing Officer and President, International, has been appointed to the newly created role of Chief Commercial Officer and President, International. In this position, he will have global responsibility for all facets of sales, merchandising and marketing for the La-Z-Boy branded business. He will continue to report to Darrow. Darrell Edwards, Senior Vice President and Chief Supply Chain Officer, will expand his role. In addition to spearheading the supply chain strategy across the entire La-Z-Boy enterprise, including both upholstery and casegoods operations, all La-Z-Boy branded manufacturing, regional distribution centers, and research and development are under his area of responsibility. With these changes, he will assume the additional responsibility for the La-Z-Boy branded business customer experience and after-market operations and services. Edwards will now report to Darrow. Daniel King, President, La-Z-Boy Retail Division, which includes 142 of the 346 La-Z-Boy Furniture Galleries stores, will now report directly to Darrow as the retail segment has become a larger component of the corporation's consolidated sales and is expected to continue to grow through the company's 4-4-5 strategy as well as through potential acquisitions.

  • 23

    May

  • 24

    May

LZB La-Z-Boy
$27.05

0.05 (0.19%)

02/23/17
02/23/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. NVIDIA (NVDA) downgraded to Underperform from Market Perform at BMO Capital and to Reduce from Buy at Nomura. 2. L Brands (LB) downgraded to Neutral from Overweight at Atlantic Equities. 3. FLIR Systems (FLIR) downgraded to In-Line from Outperform at Imperial Capital with analyst Jeff Kessler citing valuation following the recent rally in the shares. The analyst maintains a $38 price target for the stock. 4. La-Z-Boy (LZB) downgraded to Hold from Buy at Stifel with analyst John Baugh saying the company's January quarter results show that it is having difficulty generating organic growth. The analyst adds that "the furniture business remains challenged." 5. Dorman Products (DORM) downgraded to Market Perform from Outperform at FBR Capital with analyst Christopher Van Horn citing valuation. The analyst raised his price target for the shares to $80 from $68. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/23/17
STFL
02/23/17
DOWNGRADE
STFL
Hold
La-Z-Boy downgraded on results, sectior weakness at Stifel
Stifel analyst John Baugh downgraded La-Z-Boy, as he says that the company's January quarter results show that it is having difficulty generating organic growth. The analyst adds that "the furniture business remains challenged." Target to $30 from $33.
02/22/17
STFL
02/22/17
DOWNGRADE
STFL
Hold
La-Z-Boy downgraded to Hold from Buy at Stifel
01/05/17
01/05/17
DOWNGRADE

Market Perform
La-Z-Boy downgraded to Market Perform on valuation at Raymond James
As previously reported, Raymond James downgraded La-Z-Boy to Market Perform from Strong Buy. Analyst Budd Bugatch said risk/reward going forward is now, at best, balanced and potentially vulnerable to downside with any market downdraft and/or change in company/industry fortunes.

TODAY'S FREE FLY STORIES

ALRN

Aileron Therapeutics

$12.78

-0.14 (-1.08%)

06:37
07/24/17
07/24
06:37
07/24/17
06:37
Initiation
Aileron Therapeutics initiated  »

Aileron Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CNNX

CONE Midstream

$19.90

-0.1 (-0.50%)

06:35
07/24/17
07/24
06:35
07/24/17
06:35
Hot Stocks
CONE Midstream increases dividend 3.6% to 29.22c »

The Board of Directors of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Aug

AMID

American Midstream Partners

$13.50

0.2 (1.50%)

06:35
07/24/17
07/24
06:35
07/24/17
06:35
Hot Stocks
American Midstream Partners to sell Propane business to SHV Energy for $170M »

American Midstream…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Aug

SHLM

A. Schulman

$26.63

0.725 (2.80%)

06:35
07/24/17
07/24
06:35
07/24/17
06:35
Conference/Events
A. Schulman management to meet with Seaport Global »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

  • 26

    Jul

AMZN

Amazon.com

$1,025.67

-3.03 (-0.29%)

, WFM

Whole Foods

$41.71

-0.05 (-0.12%)

06:35
07/24/17
07/24
06:35
07/24/17
06:35
Periodicals
Democrats in Congress urge review of Amazon's Whole Foods deal, Reuters says »

A group of Democrats in…

AMZN

Amazon.com

$1,025.67

-3.03 (-0.29%)

WFM

Whole Foods

$41.71

-0.05 (-0.12%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Jul

PPG

PPG

$106.37

-0.35 (-0.33%)

06:33
07/24/17
07/24
06:33
07/24/17
06:33
Downgrade
PPG rating change  »

PPG downgraded to Neutral…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AXAS

Abraxas Petroleum

$1.61

-0.04 (-2.42%)

06:33
07/24/17
07/24
06:33
07/24/17
06:33
Initiation
Abraxas Petroleum initiated  »

Abraxas Petroleum…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Aug

CALM

Cal-Maine Foods

$37.10

1 (2.77%)

06:33
07/24/17
07/24
06:33
07/24/17
06:33
Earnings
Cal-Maine Foods reports Q4 EPS (51c) with items, consensus (25c) »

Reports Q4 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Jul

SGMS

Scientific Games

06:33
07/24/17
07/24
06:33
07/24/17
06:33
Earnings
Scientific Games reports Q2 EPS (44c), consensus (52c) »

Reports Q2 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

HAS

Hasbro

$115.95

1.05 (0.91%)

06:33
07/24/17
07/24
06:33
07/24/17
06:33
Hot Stocks
Hasbro CEO says entered 2H with 'strong consumer momentum' »

"The Hasbro team…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

  • 03

    Aug

HAS

Hasbro

$115.95

1.05 (0.91%)

06:31
07/24/17
07/24
06:31
07/24/17
06:31
Hot Stocks
Hasbro CFO says seeing 'some softness' in Brazil, U.K. »

"Our balance sheet…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

  • 03

    Aug

ALRN

Aileron Therapeutics

$12.78

-0.14 (-1.08%)

06:31
07/24/17
07/24
06:31
07/24/17
06:31
Initiation
Aileron Therapeutics initiated  »

Aileron Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CPRX

Catalyst Pharmaceuticals

$2.95

-0.1 (-3.28%)

06:30
07/24/17
07/24
06:30
07/24/17
06:30
Conference/Events
Catalyst Pharmaceuticals management to meet with Piper Jaffray »

Meeting to be held in New…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

HAS

Hasbro

$115.95

1.05 (0.91%)

06:30
07/24/17
07/24
06:30
07/24/17
06:30
Earnings
Hasbro reports Q2 EPS 53c, consensus 46c »

Reports Q2 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

  • 03

    Aug

VLO

Valero

$67.78

0.26 (0.39%)

, PSX

Phillips 66

$82.85

0.49 (0.59%)

06:28
07/24/17
07/24
06:28
07/24/17
06:28
Periodicals
U.S. mulls financial sanctions on Venezuela's PDVSA, Reuters reports »

The Trump administration…

VLO

Valero

$67.78

0.26 (0.39%)

PSX

Phillips 66

$82.85

0.49 (0.59%)

CVX

Chevron

$103.25

-1.38 (-1.32%)

PBF

PBF Energy

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Jul

  • 28

    Jul

  • 01

    Aug

  • 03

    Aug

KCDMY

Kimberly-Clark de Mexico

$10.34

-0.3 (-2.82%)

06:28
07/24/17
07/24
06:28
07/24/17
06:28
Upgrade
Kimberly-Clark de Mexico rating change  »

Kimberly-Clark de Mexico…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PPG

PPG

$106.37

-0.35 (-0.33%)

06:28
07/24/17
07/24
06:28
07/24/17
06:28
Downgrade
PPG rating change  »

PPG downgraded to Hold…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FND

Floor & Decor

$37.40

-1.1 (-2.86%)

06:28
07/24/17
07/24
06:28
07/24/17
06:28
Upgrade
Floor & Decor rating change  »

Floor & Decor…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Jul

BABA

Alibaba

$151.89

-0.22 (-0.14%)

, MGI

MoneyGram

$16.56

-0.28 (-1.66%)

06:26
07/24/17
07/24
06:26
07/24/17
06:26
Periodicals
Smith says U.S. should block Ant, MoneyGram deal, NY Post reports »

Rep. Chris Smith, the…

BABA

Alibaba

$151.89

-0.22 (-0.14%)

MGI

MoneyGram

$16.56

-0.28 (-1.66%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MRSN

Mersana Therapeutics

$14.05

-0.14 (-0.99%)

06:25
07/24/17
07/24
06:25
07/24/17
06:25
Initiation
Mersana Therapeutics initiated  »

Mersana Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MTZ

MasTec

$45.30

-0.35 (-0.77%)

06:25
07/24/17
07/24
06:25
07/24/17
06:25
Upgrade
MasTec rating change  »

MasTec upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 04

    Aug

WFC

Wells Fargo

$54.17

-0.71 (-1.29%)

06:23
07/24/17
07/24
06:23
07/24/17
06:23
Hot Stocks
Wells Fargo ordered to reinstate whistleblower, pay $577K in back wages, damages »

The U.S. Department of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 12

    Oct

  • 15

    Jan

MIK

Michaels

$19.02

0.22 (1.17%)

06:23
07/24/17
07/24
06:23
07/24/17
06:23
Upgrade
Michaels rating change  »

Michaels upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MRSN

Mersana Therapeutics

$14.05

-0.14 (-0.99%)

06:21
07/24/17
07/24
06:21
07/24/17
06:21
Initiation
Mersana Therapeutics initiated  »

Mersana Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

C

Citi

$66.00

-0.36 (-0.54%)

06:21
07/24/17
07/24
06:21
07/24/17
06:21
Conference/Events
Citi to host investor day »

Investor Day to be held…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.