Oppenheimer Cuts Price Target on Acuity Brands (AYI) Following 1Q EPS Miss

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CLSA Upgrades Acuity Brands (AYI) to Buy

January 10, 2017 7:38 AM EST

CLSA upgraded Acuity Brands (NYSE: AYI) from Outperform to Buy.

For an analyst ratings summary and ratings history on Acuity Brands click here. For more ratings news on Acuity Brands click here.

Shares of Acuity Brands closed at $202.51 yesterday.

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Baird Upgrades Acuity Brands (AYI) to Outperform

January 10, 2017 6:50 AM EST

Baird upgraded Acuity Brands (NYSE: AYI) from Neutral to Outperform with a price target of $242.

For an analyst ratings summary and ratings history on Acuity Brands click here. For more ratings news on Acuity Brands click here.

Shares of Acuity Brands closed at $202.51 yesterday.

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Pre-Open Stock Movers 01/09: (ARIA) (MACK) (WOOF) Higher; (ADHD) (AYI) (BABY) Lower (more...)

January 9, 2017 9:25 AM EST

ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA) 73.4% HIGHER; Takeda Pharmaceutical Company Limited and ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA) (ARIAD) today announced that they have entered into a definitive agreement under which Takeda will acquire all of the outstanding shares in ARIAD for $24.00 per share in cash, or an enterprise value of approximately $5.2 billion. The transaction has been approved unanimously by the boards of directors of both companies, and is expected to close by the end of February 2017, subject to required regulatory approvals and... More

Acuity Brands (AYI) Misses Q1 EPS by 16c

January 9, 2017 8:31 AM EST

Acuity Brands (NYSE: AYI) reported Q1 EPS of $2.00, $0.16 worse than the analyst estimate of $2.16. Revenue for the quarter came in at $821.2 million versus the consensus estimate of $894.94 million.

Vernon J. Nagel, Chairman, President, and Chief Executive Officer of Acuity Brands, commented, We were pleased to deliver record first quarter financial performance and we believe the Company continued to meaningfully outperform the overall growth rate of our end-markets while investing in areas with significant growth potential, including the expansion of our solid state luminaire and lighting controls portfolio as well as our building management and... More

Acuity Brands (AYI) Declares $0.13 Quarterly Dividend; 0.2% Yield

January 6, 2017 2:41 PM EST

Acuity Brands (NYSE: AYI) declared a quarterly dividend of $0.13 per share, or $0.52 annualized.

The dividend will be payable on February 1, 2017, to stockholders of record on January 23, 2017, with an ex-dividend date of January 19, 2017.

The annual yield on the dividend is 0.2 percent.

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