Ebix (EBIX) Tops Q2 EPS by 6c

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Tigress Financial Partners Downgrades Ebix, Inc. (EBIX) to Underperform

August 11, 2015 1:27 PM EDT

Tigress Financial Partners downgraded Ebix, Inc. (NASDAQ: EBIX) from Neutral to Underperform.

Analyst Philip Van Deusen said, "We anticipate decelerating Performance metrics over coming quarters. Return on Capital has dropped consistently over the past six years and we see this trend... More