TheStreet Ratings Top 10 Rating Changes
Dresser-Rand Group Inc., together with its subsidiaries, engages in the design, manufacture, sale, and servicing of custom-engineered rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power, military, and other industries worldwide. The company has a P/E ratio of 22.9, above the average industrial industry P/E ratio of 22.7 and above the S&P 500 P/E ratio of 17.7. Dresser-Rand Group has a market cap of $3.18 billion and is part of the industrial goods sector and industrial industry. Shares are down 17.6% year to date as of the close of trading on Wednesday.
Rating Change #7
Research In Motion Ltd (RIMM) has been downgraded by TheStreet Ratings from hold to sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.
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