Wednesday May 16 | AmericanBankingNews.com
Fibria Celulose S.A. Given New $9.50 Price Target at Scotia Capital
The analysts wrote, "The R$77M EBITDA variance versus our estimate stems primarily from lower-thanexpected net realized prices and higher-than-expected manufacturing and other costs .
Fibria Celulose Executive Insights: EBITDA & Chinese Resistance, Pulp Market
On Monday, Fibria Celulose SA ADR reported its first quarter earnings and discussed the following topics in its earnings conference call.
Fibria Celulose S.A. Price Target Cut to $8.60 by Analysts at Morgan Stanley
The analysts wrote, "1Q12 EBITDA came below our estimate on the back of higher-than-expected cash costs.
Fibria Celulose S.A. Upgraded by Bank of America
Separately, analysts at Citigroup downgraded shares of Fibria Celulose S.A. from a "neutral" rating to a "sell" rating in a research note to investors on Tuesday, March 13rd.
Longtime FBR Chairman Billings to Retire
The investment bank FBR & Co. announced Thursday that longtime Chairman Eric F. Billings will step down in June and that he will be replaced by the firm's president and chief executive, Richard J. Hendrix.