Acuity Brands Second-Quarter Results Cheer Analysts

Amidst the steady drumbeat of negative financial reports, good news stands out.

Wall Street analysts took note of the positive second-quarter financial report released last week by lighting fixture titan Acuity Brands Inc., Atlanta, which owns Lithonia Lighting and Holophane, as well as a large stable of other lighting brands. In online reports, several analysts cheered the company’s spin-off of its Zip Inc. specialty chemicals business last October so it could focus on the lighting b

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