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JELD Jeld-Wen $28.94 -0.11 (-0.38%) 08:22 06/19/18 06/19 08:22 06/19/18 08:22 Initiation	Jeld-Wen initiated at Citi » Jeld-Wen assumed with a… Jeld-Wen assumed with a Neutral at Citi. Citi analyst Scott Schrier assumed coverage of Jeld-Wen with a Neutral rating and $32 price target. The analyst took over coverage of the Building Products, Construction Materials group. 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

Over a week ago
JELD Jeld-Wen $27.38 -0.165 (-0.60%) , HON Honeywell $147.95 -2.51 (-1.67%) 07:02 06/01/18 06/01 07:02 06/01/18 07:02 Hot Stocks	Jeld-Wen names Gary Michel as President and CEO, effective June 18 » JELD-WEN (JELD) announced… JELD-WEN (JELD) announced that its board of directors has selected Gary Michel as the company's president and CEO effective June 18. Michel will also be elected to the board of directors of JELD-WEN. Kirk Hachigian, chairman of the board of directors and acting CEO, will continue to serve as chairman. Hachigian will devote his time to supporting Michel and ensuring a successful transition for customers, employees, and shareholders. Michel joins JELD-WEN from Honeywell (HON) where he was president and CEO of Honeywell's Home and Building Technologies strategic business group. JELD Jeld-Wen $27.38 -0.165 (-0.60%) HON Honeywell $147.95 -2.51 (-1.67%) 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	13 Jun 25 Jun

Over a month ago
DF Dean Foods $9.88 -0.6 (-5.73%) , OC Owens Corning $66.92 0.04 (0.06%) … 10:16 05/14/18 05/14 10:16 05/14/18 10:16 Downgrade	On The Fly: Top five analyst downgrades » Catch up on today's… Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Dean Foods (DF) downgraded to Sell from Hold at Deutsche Bank analyst Rob Dickerson saying he still sees four fundamental challenges facing the company: continued declines in U.S. dairy milk consumption, its low-margin structured business, increasing vertical category integration by retailers, and what he views as low odds of transformative acquisitions. 2. Owens Corning (OC) downgraded to Market Perform from Outperform at Wells Fargo with analyst Stephen East saying his outlook for Roofing and Composites has weakened and extremely weak year to date 2018 hail/storm activity is likely an incremental headwind to 2H18 Shingle Volumes while inflationary cost pressures are more intense than originally expected. 3. Xerox (XRX) downgraded to Neutral from Overweight at JPMorgan and to Hold from Buy at Cross Research. 4. Jeld-Wen (JELD) downgraded to Neutral from Buy at BofA/Merrill with analyst John Lovallo saying he believes the company will face challenges from the CEO search, Steves & Sons litigation, wood windows, and believes a margin recovery could take longer than expected. 5. Hostess Brands (TWNK) downgraded to Hold from Buy at Deutsche Bank with analyst Rob Dickerson saying he is less certain on the base business' potential margin and profitability progression over the next twelve months following the company's recent earnings report. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. DF Dean Foods $9.88 -0.6 (-5.73%) OC Owens Corning $66.92 0.04 (0.06%) XRX Xerox $27.58 -2.6 (-8.62%) JELD Jeld-Wen $28.56 -0.14 (-0.49%) TWNK Hostess Brands $12.96 -0.31 (-2.34%) 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	14 May 16 May
JELD Jeld-Wen $28.70 0.44 (1.56%) 06:30 05/14/18 05/14 06:30 05/14/18 06:30 Downgrade	Jeld-Wen rating change at BofA/Merrill » Jeld-Wen downgraded to… Jeld-Wen downgraded to Neutral from Buy at BofA/Merrill. BofA/Merrill analyst John Lovallo downgraded Jeld-Wen to Neutral and lowered its price target to $33 from $41. The analyst believes the company will face challenges from the CEO search, Steves & Sons litigation, wood windows, and believes a margin recovery could take longer than expected. 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
JELD Jeld-Wen $28.70 0.44 (1.56%) 10:41 05/13/18 05/13 10:41 05/13/18 10:41 Hot Stocks	Jeld-Wen wins trade secrets case against Steves & Sons » A jury in the U.S.… A jury in the U.S. District Court for the Eastern District of Virginia, Richmond Division, found that Steves & Sons misappropriated eight distinct trade secrets owned and used by Jeld-Wen in its molded doorskin manufacturing business. Finding violations of both the U.S. Defend Trade Secrets Act and the Texas Uniform Trade Secrets Act, the jury awarded Jeld-Wen $1.2M in damages. Jeld-Wen intends to ask the trial court to impose permanent injunctive relief, prohibiting Steves' further use of Jeld-Wen's trade secrets. During the course of proceedings in the underlying antitrust and contract case, Jeld-Wen discovered that Steves had paid certain of the company's former employees to divulge trade secret information regarding various aspects of its molded doorskin manufacturing business. Jeld-Wen filed counterclaims against Steves, but pursuant to a pretrial bifurcation order by the court, Jeld-Wen was required to try the trade secrets claims separately from the antitrust and contract claims. Jeld-Wen intends to pursue vigorously its appeal of the earlier verdict and to include the bifurcation order as one of the issues on appeal. The appellate process is expected to last well into 2019. 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

JELD Jeld-Wen $30.24 1.07 (3.67%) 06:09 05/08/18 05/08 06:09 05/08/18 06:09 Hot Stocks	Jeld-Wen raises FY18 revenue increase view 17%-19% from 10%-13% » The outlook has been… The outlook has been updated to reflect the partial year contribution of the recent ABS acquisition and updated foreign exchange rates, while the assumption for core revenue growth remains unchanged at approximately 3%. Reaffirms FY18 adjusted EBITDA view $505M-$535M, compared to 2017 adjusted EBITDA of $437.6M. The outlook for adjusted EBITDA now reflects the partial year contribution of the recent ABS acquisition, offset by anticipated inflation in materials and freight in the core business and increased operational investments in core growth. The midpoint of the updated outlook assumes core adjusted EBITDA margin improvement of approximately 80 basis points. This improvement in core adjusted EBITDA margins is expected to be partially offset by the impact of recent acquisitions and the impact of foreign exchange. Sees FY18 capital expenditures $100M-$120M compared to 2017 capital expenditures of $63.M 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 May
JELD Jeld-Wen $30.24 1.07 (3.67%) 06:07 05/08/18 05/08 06:07 05/08/18 06:07 Earnings	Jeld-Wen sees Q2 EBITDA $135M-$145M vs $125.3M last year » Q2 outlook assumes growth… Q2 outlook assumes growth from the contribution of recent acquisitions, while margin improvement in the core businesses is expected to be impacted by continued inflation in materials and freight, as well as operational investments in core growth. 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 May
JELD Jeld-Wen $30.24 1.07 (3.67%) 06:05 05/08/18 05/08 06:05 05/08/18 06:05 Earnings	Jeld-Wen reports Q1 adjusted EPS 30c, consensus 25c » Reports Q1 revenue… Reports Q1 revenue $946.2M, consensus $912.45M. 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 May
JELD Jeld-Wen $29.08 0.27 (0.94%) , OI Owens-Illinois $19.30 -0.32 (-1.63%) 06:46 05/04/18 05/04 06:46 05/04/18 06:46 Recommendations	Jeld-Wen, Owens-Illinois analyst commentary at BofA/Merrill » Jeld-Wen, Owens-Illinois… Jeld-Wen, Owens-Illinois removed from Endeavor List at BofA/Merrill JELD Jeld-Wen $29.08 0.27 (0.94%) OI Owens-Illinois $19.30 -0.32 (-1.63%) 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 May
GRUB GrubHub $103.74 5.2 (5.28%) , DBX Dropbox $29.30 0.27 (0.93%) … 10:35 04/17/18 04/17 10:35 04/17/18 10:35 Initiation	On The Fly: Top five analyst initiations » Catch up on today's… Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. GrubHub (GRUB) initiated with an Overweight at Stephens. 2. Dropbox (DBX) initiated with an Outperform at Macquarie and JMP Securities, an Overweight at KeyBanc, JPMorgan, and Piper Jaffray, a Buy at Canaccord and Deutsche Bank, a Sector Perform at RBC Capital, a Neutral at BofA/Merrill and Goldman Sachs, as well as a Hold at Jefferies. 3. Oneok (OKE) initiated with a Neutral at Seaport Global. 4. Jeld-Wen (JELD) initiated with a Hold at Jefferies. 5. Flowers Foods (FLO) resumed with a Hold at Deutsche Bank. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here. GRUB GrubHub $103.74 5.2 (5.28%) DBX Dropbox $29.30 0.27 (0.93%) OKE Oneok $59.89 0.14 (0.23%) JELD Jeld-Wen $30.20 -0.6 (-1.95%) FLO Flowers Foods $22.47 0.04 (0.18%) 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	01 May 02 May 08 May 23 May 29 May 12 Jun

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