{"id":1964,"date":"2013-09-15T08:28:11","date_gmt":"2013-09-15T02:58:11","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2013\/09\/15\/stanley-furniture-downgraded-to-hold\/"},"modified":"2013-09-15T08:28:11","modified_gmt":"2013-09-15T02:58:11","slug":"stanley-furniture-downgraded-to-hold","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/stanley-furniture-downgraded-to-hold\/","title":{"rendered":"Stanley Furniture downgraded to &#034;hold&#034;"},"content":{"rendered":"<p>Stanley Furniture downgraded to &#8220;hold&#8221;<\/p>\n<p> NEW YORK, September 14 (newratings.com) &#8211; Analysts at BB&#038;T Capital Markets downgrade Stanley Furniture Co Inc (STLY.NAS) from &#8220;buy&#8221; to &#8220;hold,&#8221; while reducing their estimates for the company.<\/p>\n<p>In a research note published this morning, the analysts mention that the company has reduced its revenue guidance for 3Q from a decline of 2%-5% to a decline of 8%-10%.<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><br \/>\nStanley Furniture has guided to a sales volume decline of 4%-7% for the full year. The company\u00e2\u20ac\u2122s outlook indicates deteriorating EPS comps through the year-end, which is likely to exert pressure on Stanley Furniture\u00e2\u20ac\u2122s stock in the near term and delay the company\u00e2\u20ac\u2122s recovery to FY07, BB&#038;T Capital Markets adds. The EPS estimate for FY06 has been reduced from $1.58 to $1.31.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stanley Furniture downgraded to &#8220;hold&#8221; NEW YORK, September 14 (newratings.com) &#8211; Analysts at BB&#038;T Capital Markets downgrade Stanley Furniture Co Inc (STLY.NAS) from &#8220;buy&#8221; to &#8220;hold,&#8221; while reducing their estimates for the company. In a research note published this morning, the analysts mention that the company has reduced its revenue guidance for 3Q from a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1964","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=1964"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1964\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=1964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=1964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=1964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}