{"id":5166,"date":"2009-02-10T14:41:44","date_gmt":"2009-02-10T22:41:44","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=5166"},"modified":"2009-02-10T14:41:48","modified_gmt":"2009-02-10T22:41:48","slug":"quiksilver-gets-another-downgrade","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=5166","title":{"rendered":"Quiksilver Gets Another Downgrade"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/11\/quik-logo.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/11\/quik-logo.jpg','popup','width=180,height=53,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/02\/quik-logo-tm1.jpg\" height=\"58\" width=\"200\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Quik-Logo\" \/><\/a>Another analyst who follows <strong><a href=\"http:\/\/www.quiksilver.com\/\" target=\"_blank\">Quiksilver&#8217;s<\/a><\/strong> stock has downgraded her rating thanks to Quik&#8217;s rather large debt, according to a story in the <strong><em><a href=\"http:\/\/www.ocbj.com\/industry_article.asp?aID=05366974.9821741.1743560.2191693.9754079.742&amp;aID2=134111\" target=\"_blank\">Orange County Business Journal<\/a><\/em><\/strong>.<\/p>\n<blockquote><p><strong>Caris &#38; Co<\/strong>. analyst <strong>Claire Armstrong Gallacher<\/strong> downgraded Quiksilver\u2019s stock to \u201caverage\u201d from \u201cabove average,\u201d saying the company\u2019s profits are &#8220;at risk&#8221; due to its heavy debt and the retail sector&#8217;s downturn. . . . \u201cGiven the large debt burden, tight credit markets and worsening consumer spending trends we would recommend investment in companies with debt free balance sheets,\u201d Gallacher wrote.<\/p><\/blockquote>\n<p>The stock closed the day down 24 cents to $1.59.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.ocbj.com\/industry_article.asp?aID=05366974.9821741.1743560.2191693.9754079.742&amp;aID2=134111\" target=\"_blank\">OC Business Journal<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another analyst who follows Quiksilver&#8217;s stock has downgraded her rating thanks to Quik&#8217;s rather large debt, according to a story in the Orange County Business Journal. Caris &#38; Co. analyst Claire Armstrong Gallacher downgraded Quiksilver\u2019s stock to \u201caverage\u201d from \u201cabove average,\u201d saying the company\u2019s profits are &#8220;at risk&#8221; due to its heavy debt and the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,3,4,6,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5166"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5166"}],"version-history":[{"count":1,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5166\/revisions"}],"predecessor-version":[{"id":5167,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/5166\/revisions\/5167"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5166"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}