-
FireEye Shareholders Eagerly Anticipating '60 Minutes' Interview
Friday, April 10, 2015 - 2:26pm | 209Read More...FireEye Inc (NASDAQ: FEYE) traded up more than 4 percent Friday as a rumor made the rounds that its senior vice president may appear on the April 12 broadcast of CBS Corporation (NYSE: CBS)'s news program "60 Minutes." The computer security company's shares have run up more...
-
These Ex-CIA Guys Just Spilled The Beans On Lumber Liquidators
Monday, April 6, 2015 - 9:08am | 301Read More...Former CIA officers Philip Houston, Michael Floyd and Susan Carnicero are among the world's best at recognizing deceptive behavior. With a plethora of experience in counterterrorism and criminal-investigation, the three have
-
Exclusive: The First Lawsuit Against Lumber Liquidators
Wednesday, March 25, 2015 - 11:00am | 899Read More...This is the first of a two-part series. To get part 2, add Lumber Liquidators to your portfolio watchlist here. For Richard Drury, it all started with a simple article. Drury has been an environmental lawyer for more than 20 years. In 2014, one of his clients came to him with an article that...
-
What If The '60 Minutes' Fallout Doesn't Stop For Lumber Liquidators?
Tuesday, March 17, 2015 - 8:30am | 239Read More...In a report published Tuesday, Credit Suisse analyst Seth Sigman projected how shares of Lumber Liquidators Holdings Inc (NYSE: LL) would react if the weaker sales trend seen in March following the "60 Minutes" segment carries over to the rest of the year. Sigman argued that this is...
-
Lumber Liquidators Chairman: 'Not Going To Save 2 Or 3 Cents On Laminate And Ruin The Reputation Of Our Company'
Saturday, March 14, 2015 - 2:06pm | 379Read More...Shares of Lumber Liquidators Holdings Inc (NYSE: LL) have dropped significantly since "60 Minutes" aired the episode of the company flouting safety regulations and hedge fund manager and head of Kase Capital Management Whitney Tilson, announcing that he has increased his short position...
-
Piper Jaffray Says Lumber Liquidators Has Calmed Investors' Fears
Friday, March 13, 2015 - 8:56am | 293Read More...In a report published Thursday evening, Piper Jaffray analyst Peter Keith commented that Lumber Liquidators Holdings Inc (NYSE: LL) business update "went well" and calmed fears on the sourcing and safety of its products. "There was a helpful focus on deconstructive testing and...
-
Whitney Tilson Thinks Lumber Liquidators Should Have Known Better
Monday, March 2, 2015 - 3:27pm | 654Read More...Lumber Liquidators Holdings Inc (NYSE: LL) fell more than 20 percent Monday following a "60 Minutes" report that the company's China-sourced lumber contained dangerous levels of formaldehyde. The company claimed, however, that the test was inaccurate and that its flooring was safe...
-
Short Seller Sees Lumber Liquidators Going Broke
Monday, March 2, 2015 - 1:32pm | 327Read More...Lumber Liquidators Holdings Inc (NYSE: LL) is headed for bankruptcy in the wake of revelations that its flooring may fails to meet formaldehyde emissions standards, a short seller said Monday. The company will get swamped by demands that it replace flooring, administer indoor air quality tests...
-
Lumber Liquidators Says 'Flooring Completely Safe'
Monday, March 2, 2015 - 1:18pm | 269Read More...Lumber Liquidators Holdings Inc (NYSE: LL) said Monday that "60 Minutes" used an improper test method in reporting that the company's flooring flunked formaldehyde emissions standards. Shares had been halted for news, and resumed trading off more than 20 percent at $40.91....
-
Whitney Tilson: There's Nothing Wrong With Short Sellers Communicating With Each Other
Monday, March 2, 2015 - 12:54pm | 290Read More...On Monday, Lumber Liquidators Holdings Inc (NYSE: LL) said in a statement that Sunday's negative 60 Minutes segment was driven by a "small group of short-selling investors who are working together for the purpose of making money by lowering our stock." In an email sent to...
-
EXCLUSIVE: Whitney Tilson Says Lumber Liquidators Stock 'Is A Zero'
Monday, March 2, 2015 - 12:30pm | 414Read More...In an email sent to investors and Benzinga, Whitney Tilson commented that Sunday's 60 Minutes piece featuring Lumber Liquidators Holdings Inc (NYSE: LL) was "UNBELIEVABLE!" "I am in awe of the investigative journalism 60 Minutes did, which validated my decision to bring the...
-
Morgan Stanley Says 'Heightened Uncertainty' A Key Theme In Slashing Lumber Liquidators
Monday, March 2, 2015 - 12:19pm | 292Read More...In a report published Monday, Morgan Stanley analyst Simeon Gutman downgraded shares of Lumber Liquidators Holdings Inc (NYSE: LL) to Equal-weight from Overweight while removing an $85 price target due to "heightened uncertainty." See Also: Morgan Stanley: '60 Minutes' Lumber...
-
Morgan Stanley: '60 Minutes' Lumber Liquidators Story Suggested 'Short Sellers Have A Stake'
Monday, March 2, 2015 - 11:42am | 325Read More...In a report published Monday, Morgan Stanley analyst Simeon Gutman argued that the recent "60 Minutes" episode profiling Lumber Liquidators Holdings Inc (NYSE: LL) showed that short sellers "have a stake in how this situation unfolds." Gutman noted that "60 Minutes...
-
8 Damning Quotes From The 60 Minutes Exposé On Lumber Liquidators
Sunday, March 1, 2015 - 10:14pm | 1042Read More...Lumber Liquidators Holdings Inc (NYSE: LL)'s stock fell almost 24 percent last week after management announced the company would be the subject of a 60 Minutes exposé on Sunday, March 1. The investigative report has aired, and it's not pretty. As Anderson Cooper explained on...
-
Ibio Rises Double-Digits (Again) Following 60 Minutes Report
Tuesday, February 17, 2015 - 2:38pm | 264Read More...Shares of Ibio Inc (NYSE: IBIO) continued higher Tuesday following the 60 Minutes broadcast about ZMapp on CBS by the late Bob Simon. Between February 12 and February 17, the stock rose approximately 125 percent amid news that the company’s plant-based antibody manufacturing technology...
