TCP Int'l (TCPI) Misses Q4 EPS by 6c

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TCP International (TCPI) Price Target Raised to $6 at Piper Jaffray

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

Cowen Resumes TCP International (TCPI) at Market Perform

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

TCP Int'l (TCPI) CEO Yan Resigns

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