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Morgan Stanley: Lumber Liquidators 'On Sturdier Ground'
Monday, November 24, 2014 - 1:32pm | 264Read More...Simeon Gutman of Morgan Stanley upgraded shares of Lumber Liquidators Holdings Inc (NYSE: LL) on Monday to Overweight from Equal-weight with a price target raised to $85 from a previous $60. Gutman notes that Lumber Liquidators sales slowdown in 2014 is "temporary," partially due to...
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Detroit Officially Goes Bankrupt but Dan Gilbert Sees Light at the End of the Tunnel
Friday, July 19, 2013 - 8:51am | 1241Read More...It's Official: Detroit Is, as Michigan Governor Rick Snyder Put it bluntly, "broke." In a filing in bankruptcy court Thursday, Detroit became the largest U.S. city ever to file for bankruptcy. No Other Solution Michigan's largest yet shrinking city joins the likes of Jefferson County, Alabama...
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UPDATE: Goldman Sachs Downgrades 3M to Sell
Wednesday, January 11, 2012 - 11:12am | 59Read More...Goldman Sachs downgrades 3M (NYSE: MMM) to Neutral on lack of near-term catalysts. Goldman Sachs says, "Sentiment likely remains positive on late-cycle, but also improves on US auto and housing from depressed lows given signs of life (SAAR, home prices, employment) and reversion optionality."...
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UPDATE: Goldman Sachs Downgrades Emerson Electric to Neutral
Wednesday, January 11, 2012 - 11:11am | 60Read More...Goldman Sachs downgrades Emerson Electric (NYSE: EMR) to Neutral on lack of near-term catalysts. Goldman Sachs says, "Sentiment likely remains positive on late-cycle, but also improves on US auto and housing from depressed lows given signs of life (SAAR, home prices, employment) and reversion...
