Benzinga's Top Downgrades (ACGY, CKEC, NBR, BF-B)

Acergy SA 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 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 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 BF 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. More Analyst Ratings here