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3M Tanks on Sticky Earnings, Abrasive Guidance
Thursday, April 25, 2013 - 11:44am | 431Read More...3M Company (NYSE: MMM) is down after posting weak first-quarter earnings and lowering its 2013 outlook. The St. Paul, Minnesota-based firm's EPS rose just over one percent year-over-year to $1.61, falling short of the $1.65 analysts expected. Revenue climbed two percent to $7.63 billion,...
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Benchmark Reiterates Buy on Ceradyne
Thursday, June 16, 2011 - 7:09am | 128Read More...Benchmark reiterated its Buy rating on Ceradyne (NASDAQ: CRDN). In a research report published today, Benchmark stressed it believes that the company's performance is on track to meet its Q2 forecast. In the report, Benchmark states, "We expect Ceradyne to report an in-line or better than...
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UPDATE: Wedbush Downgrades Ceradyne to Neutral
Tuesday, June 14, 2011 - 9:31am | 125Read More...Wedbush is out with its report today on Ceradyne (NASDAQ: CRDN), downgrading CRDN from Outperform to Neutral. In a note to clients, Wedbush writes, "We are downgrading shares of Ceradyne to NEUTRAL from OUTPERFORM and lowering our price target to $42 from $54 following our recent meeting with...
