Fortune Brands Home & Security Inc (NYSE:FBHS), an industry-leading home and security products company, on Feb 25, 2014 announced its Board of Directors has authorized the repurchase of up to $150 million of shares of the Company’s common stock over the next two years on the open market or in privately negotiated transactions in accordance with applicable securities laws. The purchases, if made, will occur from time to time depending on market conditions. This authorization does not obligate the Company to repurchase any dollar amount or number of shares of common stock. The authorization is in effect until February 25, 2016 and may be suspended or discontinued at any time. Fortune Brands Home & Security Inc (NYSE:FBHS) shares after opening at $42.83 on last trade day and at the end of the day closed at $43.28. Company price to sales ratio in past twelve months was calculated as 1.79 and price to cash ratio as 30.82. Fortune Brands Home & Security Inc (NYSE:FBHS) showed a positive weekly performance of -7.08%.
Zacks Investment Research downgraded Select Comfort Corp. (NASDAQ:SCSS), the mattress retailer, to a Zacks Rank #5 (Strong Sell). Select Comfort Corp. (NASDAQ:SCSS) shares advanced 2.53% in last trading session and ended the day on $17.03. SCSS return on equity ratio is recorded as 27.40% and its return on assets is 16.20%. Select Comfort Corp. (NASDAQ:SCSS) yearly performance is -11.81%.
Equities researchers at Dougherty & Co decreased their EPS estimates on shares of Ethan Allen Interiors (NYSE:ETH) in a research report issued on Wednesday, Analyst Ratings.Net reports. Ethan Allen Interiors Inc. (NYSE:ETH) shares moved up 1.30% in last trading session and was closed at $24.89, while trading in range of $24.50 – $25.02. Ethan Allen Interiors Inc. (NYSE:ETH) year to date (YTD) performance is -17.91%.
25 Feb 14 – ROI Acquisition Corp (NASDAQ:EVRY) announced that its Board of Directors has appointed Sam Solomon to serve as interim Chief Executive Officer, effective immediately. Solomon is succeeding John Sheppard, who left the company effective February 24. Solomon most recently served as President of the Sears/Kmart Tools (SHLD), Hardware and Paint business. The board has formed a search committee to evaluate candidates to serve as the company’s permanent CEO and has engaged executive search firm Korn Ferry to assist in the process. Solomon is a candidate in the search for a permanent EveryWare CEO. ROI Acquisition Corp (NASDAQ:EVRY) weekly performance is 15.72%. On last trading day company shares ended up $4.71. ROI Acquisition Corp (NASDAQ:EVRY) distance from 50-day simple moving average (SMA50) is -35.70%. Analysts mean target price for the company is $11.00.
Leave a Reply