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Anika Therapeutics Shares Stunted By Increased Investment, Barrington Says In Downgrade
Friday, February 23, 2018 - 11:11am | 334Anika Therapeutics Inc (NASDAQ: ANIK)’s stock fell 3.4 percent Thursday after management reported a marginal top-line miss with mixed segment performances. Shares continued to fall Friday on analyst criticism. The Rating Barrington Research analyst Michael Petusky downgraded Anika from...
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Avon Products Announces Agreement With Activist Investors: Here's What You Need To Know
Monday, March 28, 2016 - 8:18am | 289Avon Products, Inc. (NYSE: AVP) announced on Monday that it has reached an agreement with an investor group led by Barrington Capital, including NuOrion Partners and other investors who own more than 3 percent of the company. As part of the agreement, Barrington Capital has been granted the right...
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Markets Inch Higher Following Encouraging Beige Book Commentary
Wednesday, December 3, 2014 - 6:11pm | 923U.S. stocks were mostly higher as the Dow and S&P 500 closed the day at record highs. The Fed's Beige book contained positive commentary on improved employment with “widespread” gains across all 12 districts. Manufacturing activity improved in most districts along with...
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Market Wrap For March 26: Markets Close Near Session Lows In Yet Another Volatile Trading Session
Wednesday, March 26, 2014 - 4:46pm | 2082U.S. stocks failed to rise in a choppy session which began the day in positive territory. Shares reversed and turned negative with technology stocks leading the way. The CBOE Volatility Index, also known as the "fear index" rose 3.9 percent to 14.57 despite economic data released today coming...
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Darden Ditches Red Lobster Chain, Halts Expansion Of Olive Garden & LongHorn Steakhouse
Friday, December 20, 2013 - 12:27pm | 591After reporting Q2 14 EPS of $0.20, in line with the consensus and revenue of $2.05 billion, short of the $2.07 billion consensus estimate, Darden Restaurants (NYSE: DRI) said it planned to sell or spin off its 705 restaurant Red Lobster chain. Although Red Lobster has been a weak performer of...