B. Riley & Co. Acts as Sell-Side Advisor to Luna Innovations Incorporated in the Sale of its High-Speed Optical Receivers Technology to MACOM Technology Solutions Holdings, Inc.
- Press Release
Los Angeles, CA, June 23, 2010 —B. Riley & Co., LLC, www.brileyco.com, a full service broker dealer providing research, investment banking, sales and trading, announced that research analysts Kevin Liu and Andy Stapp have received top honors in the just released 3rd Annual Forbes Blue Chip Analyst Awards published by Forbes in collaboration with Zacks Investment Research.
Mr. Liu earns #2 ranking for his coverage of the Computer Software & Services Industry:
Mr. Stapp earns #4 ranking in the Banks & Thrifts category:
“This recognition is especially gratifying for our Research Department because this award is based on an analyst’s accuracy for the past three consecutive years; at a time when the market experienced tremendous turmoil,” said Ian Corydon, B. Riley Director of Research.
Forbes and Zacks report that the survey ranked analysts in 49 industries on their stock-picking skills, and separately ranked the same analysts on their earnings-per-share forecasting accuracy.
The full story appears on the Forbes.com website at:
“This distinction comes on the heels of another award,” noted Corydon. Earlier this year, B. Riley earned #1 ranking from Integrity Research Associates for returns produced by its Buy and Sell research recommendations for Q1 2010. This was the third year in a row that B. Riley received such top ranking from Integrity.