Benzinga's Top Downgrades (ACGY, CKEC, NBR, BF-B)
Acergy SA (NASDAQ: ACGY) was downgraded by Societe Generale from "buy" to "hold." ACGY's stock closed at $22.68 yesterday. Acergy's quarterly revenue dropped 11.30% y/y.
Carmike Cinemas Inc (NASDAQ: CKEC) was downgraded by Merriman from "buy" to “neutral." CKEC's shares closed at $9.45 yesterday. Carmike Cinemas' PEG ratio is -2.09.
Wells Fargo downgraded Nabors Industries Inc (NYSE: NBR) from "outperform" to "market perform." NBR's shares closed at $23.83 yesterday. Nabors Industries' trailing-twelve-month ROE is -0.42%.
Brown-Forman Corporation (NYSE: BF-B) was downgraded by Deutsche Bank from "buy" to "hold." Brown-Forman's shares closed at $70.02 yesterday. Brown-Forman's quarterly earnings declined 8.20% y/y.
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