Dixie Group Inc
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Consumer Discretionary : Household Durables | Small Cap Value
Company profile

The Dixie Group, Inc. is engaged in marketing, manufacturing and selling of carpet and rugs. The Company offers its products to various residential and commercial customers through its various sales forces and brands. The Company operates through the carpet and rug manufacturing segment. The Company also provides carpet and yarn related services to other manufacturers. The Company's brands include Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract and Masland Hospitality. Dixie International sells its brands outside of the North American market. Fabrica markets and manufactures various residential carpet and custom rugs. Masland Contract markets and manufactures broadloom and modular carpet tile for the specified commercial marketplace. Masland Residential markets and manufactures design-driven specialty carpets and rugs for the residential marketplace. Dixie Home markets a range of tufted broadloom residential and commercial carpets.

Price
Delayed
$0.67
Day's Change
0.00 (0.00%)
Bid
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Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)

Today's volume of 0 shares is on pace to be much lighter than DXYN's 10-day average volume of 62,658 shares.

0

Boeing stock up 4% premarket after Goldman Sachs upgrades to buy from neutral

7:57 am ET March 23, 2020 (MarketWatch)
Print

Boeing Co. shares (BA) rose more than 4% in premarket trade Monday, after Goldman Sachs upgraded the stock to buy from neutral after it declined 70% in the year to date. "We think Boeing will remain a going concern," analysts led by Noah Poponak wrote in a note to clients. "We think travel by flight will be as popular as ever once COVID-19 is resolved. We therefore think shares of BA should be procured at the current price." The stock is down 80% from 2019 highs, making it the worst performing S&P stock over $50bn in cap year-to-date, said the analysts. Boeing has sufficient liquidity to weather what is expected to be a "deeply negative free cash flow year in 2020," which will include no MAX deliveries until the fourth quarter, airlines deferring deliveries and airlines asking for a pre-delivery-payment holiday. A federal bailout of some kind is possible for airlines and the aerospace manufacturing sector, and it is possible that MAX 737 certification flight will take place in the near term and ease liquidity fears, said the note. Boeing shares have fallen 74% in the last 12 months, while the S&P 500 has fallen 18% and the Dow Jones Industrial Average has fallen 25%.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 23, 2020 07:57 ET (11:57 GMT)

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