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ATCEY

Altice

14:30
10/04/16
10/04
14:30
10/04/16
14:30

Altice pulls exchange offer for SFR after France opposes transaction

Altice confirmed news that the French securities regulator, the Autorite des marches financiers, has opposed the public exchange offer for the company's subsidiary SFR Group announced on September 5. Altice remarked that it "regrets this decision, which goes against the interests of both companies, their shareholders and employees. Altice notes that the board of SFR unanimously recommended the voluntary offer and that the independent expert concluded that the offer was fair to minority shareholders. As a result of the AMF decision, the offer is terminated, but Altice reserves the right to file an appeal with the Court of Appeal of Paris against the decision of the AMF, which it believes was made in breach of applicable stock market regulations." Reference Link

ATCEY Altice

12/11/15
JPMS
12/11/15
UPGRADE
Target $35
JPMS
Overweight
Cablevision upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Philip Cusick upgraded Cablevision (CVC) to Overweight with a $35 price target. After meeting with Altice (ATCEY) management, the analyst has increased confidence that the company's $34.90 per share cash takeover of Cablevision should close, likely by mid-2016. Altice's $900M synergy target appears reasonable, Cusick tells investors in a research note on the Cable sector. Time Warner Cable (TWC) remains his top pick in the space. He has an Overweight rating on the name with a $200 price target.
12/16/15
DBAB
12/16/15
UPGRADE
DBAB
Buy
Altice upgraded to Buy from Hold at Deutsche Bank
12/16/15
12/16/15
UPGRADE

On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AGCO (AGCO) upgraded to Hold from Sell at Deutsche Bank... Aimco (AIV) upgraded to Outperform from Market Perform at BMO Capital... Altice (ATCEY) upgraded to Buy from Hold at Deutsche Bank... BE Aerospace (BEAV) upgraded to Overweight from Neutral at JPMorgan... Bancolombia (CIB) upgraded to Buy from Hold at HSBC... Blackbaud (BLKB) upgraded to Buy from Neutral at B. Riley... Boyd Gaming (BYD) upgraded to Buy from Hold at Deutsche Bank... C.H. Robinson (CHRW) upgraded to Buy from Hold at Stifel... CEVA (CEVA) upgraded to Buy from Hold at Wunderlich... CF Industries (CF) upgraded to Underperform from Sell at CLSA... Camden Property (CPT) upgraded to Overweight from Sector Weight at KeyBanc... Chevron (CVX) upgraded on valuation at Argus... Delek US (DK) upgraded to Outperform from Market Perform at Raymond James... Discover (DFS) upgraded based on valuation at Argus... Enphase Energy (ENPH) upgraded to Buy from Neutral at Roth Capital... G&K Services (GK) upgraded to Buy from Neutral at Sidoti... Global Payments (GPN) upgraded to Outperform from Underperform at CLSA... JA Solar (JASO) upgraded to Buy from Neutral at Roth Capital... Kimco Realty (KIM) upgraded on growth outlook at Argus... Landstar System (LSTR) upgraded to Buy from Hold at Stifel... Meredith (MDP) upgraded to Hold from Sell at Gabelli... Newell Rubbermaid (NWL) upgraded to Top Pick from Outperform at RBC Capital... Northrop Grumman (NOC) upgraded to Overweight from Neutral at JPMorgan... Textron (TXT) upgraded to Overweight from Neutral at JPMorgan... Universal Truckload (UACL) C.H. Robinson Landstar System upgraded at Stifel... Valero (VLO) upgraded to Buy from Hold at Argus.
07/11/16
JPMS
07/11/16
DOWNGRADE
JPMS
Neutral
Altice downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Nawar Cristini downgraded Altice to Neutral citing valuation.

TODAY'S FREE FLY STORIES

PPC

Pilgrim's Pride

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MSFT

Microsoft

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JAGX

Jaguar Health

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MYOS

MYOS

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0.28 (21.37%)

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SGMS

Scientific Games

$43.10

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  • 08

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PG

Procter & Gamble

$94.17

1.02 (1.10%)

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PTLA

Portola Pharmaceuticals

$52.09

-4.48 (-7.92%)

09:03
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RCII

Rent-A-Center

$12.16

-0.05 (-0.41%)

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AEO

American Eagle

$13.63

0.18 (1.34%)

09:02
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American Eagle to expand to India through licensed stores »

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GOOGL

Alphabet Class A

$936.86

7.11 (0.76%)

, GOOG

Alphabet

$921.81

6.81 (0.74%)

09:02
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Periodicals
Google said to acquire certain HTC assets, VentureBeat's Bass reports »

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GOOGL

Alphabet Class A

$936.86

7.11 (0.76%)

GOOG

Alphabet

$921.81

6.81 (0.74%)

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RCII

Rent-A-Center

$12.16

-0.05 (-0.41%)

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MEET

Meet Group

$3.84

-0.09 (-2.29%)

09:01
09/20/17
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Meet Group to host conference call »

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  • 20

    Sep

EDVMF

Endeavour Mining

$18.42

-0.0721 (-0.39%)

09:00
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Conference/Events
Endeavour Mining holds a conference call »

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GIS

General Mills

$55.38

-1.05 (-1.86%)

08:57
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General Mills says cereal sales improved in August »

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  • 20

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CIEN

Ciena

$22.08

-0.26 (-1.16%)

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FDX

FedEx

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BPMC

Blueprint Medicines

$63.86

0.98 (1.56%)

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BAC

Bank of America

$24.86

0.16 (0.65%)

, S

Sprint

$8.20

0.52 (6.77%)

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BAC

Bank of America

$24.86

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S

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T

AT&T

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BABA

Alibaba

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RARE

Ultragenyx

$51.90

-1.09 (-2.06%)

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Ultragenyx has a conference call hosted by JPMorgan »

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  • 22

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WBC

Wabco

$146.87

3.9 (2.73%)

08:53
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Wabco holds a conference call »

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ADBE

Adobe

$156.60

0.83 (0.53%)

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  • 22

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AAN

Aaron's

$39.35

0.94 (2.45%)

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BBBY

Bed Bath & Beyond

$27.03

-0.27 (-0.99%)

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GIS

General Mills

$55.38

-1.05 (-1.86%)

08:45
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General Mills says sees FX having 1c favorable impact to FY18 EPS 

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  • 20

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