TCP Announces Leadership Transition
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April 17, 2015 10:05 AM EDT
Piper Jaffray analyst Mike Ritzenthaler reiterated a Neutral rating on TCP International (NYSE: TCPI) but increased his price target to $6.00 (from $5.00), saying Q4 commentary is a step in the right direction although overhangs persist.
Ritzenthaler commented, "We are maintaining our Neutral rating following TCPs 4Q results which showed... More
April 17, 2015 9:38 AM EDT
Cowen resumes coverage on TCP International (NYSE: TCPI) with a Market Perform rating and a price target of $4.00.
Analyst commented, "With some clarity around the fraud investigation, a search for a new CEO announced and no loss of customers for... More
April 15, 2015 4:02 PM EDT
TCP Int'l (NYSE: TCPI) reported Q4 EPS of $0.13, $0.06 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $153.1 million versus the consensus estimate of $141.5 million.
For earnings history and earnings-related data on TCP Int'l (TCPI) click here.
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April 15, 2015 4:02 PM EDT
TCP Int'l (NYSE: TCPI) announced that Ellis Yan has decided not to renew his employment agreement as Chief Executive Officer as of the expiration of his contract on June 30, 2015. To help ensure a smooth transition, Mr. Yan will continue to serve as Chairman of the TCP Board of Directors and has agreed to be available, as requested, to consult with the new Chief Executive Officer following that appointment. The Nominating and Governance Committee of... More
