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Los Angelas, CA -- (SBWIRE) -- 01/23/2013 -- Ferro Corporation (NYSE:FOE) closed on Tuesday with an incline of 3.49%, closing at $4.75 per share. Volume rose as well to 2.65M, leaving behind its average of 1.58M for the trading session. FOE’s MACD has leveled out slightly. RSI for the Company resides at 70.40, indicative of an overbought level. Ferro Corp. has reported that John T. Bingle has taken over the responsibilities for investor relations, in addition to his duties as Treasurer of the Company. David Longfellow, who has been Director of Investor Relations since 2006, will be retiring from the Company towards the end of January. Ferro Corporation is a Company that produces and sells specialty materials and chemicals in the US and Abroad. The Company offers electronics, color, and glass materials, which include conductive metal pastes and powders, polishing materials, enamels, glazes, etc. The Company is located in Mayfield Heights, Ohio.
How Will Investors Trade FOE As It Inclines? Find Out More Here.
Coca-Cola Enterprises (NYSE:CCE) had its neutral rating reiterated by analysts at Zacks. They currently have a $36.00 price target on the stock. Zacks’ analyst wrote, “Coca-Cola Enterprises’ third quarter 2012 earnings of $0.71 per share beat the Zacks Consensus Estimate by 2.9%. Earnings, however, declined 1.4% over the prior-year quarter due to currency headwinds and lower revenues and margins. Volumes improved slightly in the quarter, though they are expected to decline in the fourth quarter. The company is facing a tough macroeconomic environment in Europe, more competitive pricing and negative effects of the French excise tax increase. Despite back-to back challenging quarters, volume softness and economic challenges in Europe, we are optimistic about the company’s long-term fundamentals. We appreciate the company’s strong brand portfolio and solid cash position. Its cost saving initiatives and accelerated share buybacks are aimed at offsetting headwinds from a soft operating environment. We therefore maintain a Neutral recommendation on the stock with a target price of $36.00.”
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Amphenol (NYSE:APH) had its neutral rating reaffirmed by analysts at Zacks. Zacks currently has a $71.00 target price on the stock. Zacks’ analyst wrote, “Despite macroeconomic headwinds, Amphenol is optimistic about the accelerating proliferation of new electronics in most of its end markets, which it expects to propel demand with time. The company reported phenomenal fourth quarter 2012 results with record earnings and revenues. We view this as a definite positive given the clouded economic environment. The company serves a variety of end markets and the diversification in end markets enables the company to post strong results. However, cutthroat competition and foreign currency translation undermine its long-term growth potential to some extent. We maintain our long-term Neutral recommendation on the stock. “
How Should Investors React To APH Now? CHECK HERE
EnergySolutions, Inc. (NYSE:ES) shares dropped 1.03% to $3.86 per share Tuesday, following news that Ryan & Maniskas LLP is investigating potential claims against the board of directors of the Company, which concerns any possible breaches of fiduciary duty and other violations of law, related to the Company’s efforts to sell the Company itself to a subsidiary of Energy Capital Partners II, LLC. The transaction is valued at $1.1 billion. EnergySolutions is a company that engages in the provision of nuclear services for the government and commercial customers in the US, the UK, and worldwide. The company owns and manages nuclear plant sites as well. EnergySolutions is located in Salt Lake City, Utah.
Will ES Continue Its Current Trend? Find Out Here
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