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BLK

BlackRock

$356.03

-4.04 (-1.12%)

09:00
10/05/16
10/05
09:00
10/05/16
09:00

BlackRock cutting fees at over a dozen ETFs, WSJ says

BlackRock is cutting fees at over a dozen funds in an effort to lower expenses to be lower or on par with peers, reports the Wall Street Journal. Reference Link

  • 18

    Oct

  • 21

    Oct

BLK BlackRock
$356.03

-4.04 (-1.12%)

04/19/16
04/19/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Medivation (MDVN) upgraded to Buy at Canaccord by analyst John Newman who cited increased confidence in the Xtandi breast cancer program as well as "encouraging data" for talazoparib in ovarian cancer. Newman added that the latter is wholly owned by Medivation, meaning 100% of profits will flow through to the company. 2. BlackRock (BLK) upgraded to Buy at Citi with analyst William Katz saying that he views the company as an "increasingly differentiated winner" following the Department of Labor fiduciary rule. The analyst sees a "significant runway" of growth for BlackRock's iShares and highlights its opportunity to commercialize FutureAdvisor. 3. Devon Energy (DVN) upgraded to Overweight at Morgan Stanley by analyst Evan Callo, who said the recent stabilization in oil price increases the likelihood Devon will be successful with asset sales and places focus on E&P future upside to medium-term commodity price recovery and operating leverage. 4. Lennox (LII) upgraded to Buy at Seaport Global with analyst Walt Liptak saying Q1 commercial HVAC and residential HVAC trends were better-than-expected and suggest 2016 is tracking better than expected. 5. Panera Bread (PNRA) upgraded to Buy at Jefferies by analyst Alexander Slagle saying the market is underestimating the company's earnings power over the next few years. KeyBanc analyst Chris O'Cull added that the company's investments over the past few years will drive earnings growth for the first time in two years and push results above Street expectations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/02/16
UBSW
06/02/16
UPGRADE
UBSW
Buy
Envestnet upgraded to Buy from Neutral at UBS
UBS analyst Brennan Hawken upgraded Envestnet to Buy saying the company is one of the few beneficiaries of the Department of Labor's fiduciary rule. Hawken this morning also downgraded Franklin Resources (BEN) to Sell and Invesco (IVZ) to Neutral. He also lowered his estimates for BlackRock (BLK) and T. Rowe Price (TROW).
07/15/16
KBWI
07/15/16
DOWNGRADE
Target $383
KBWI
Market Perform
BlackRock downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Robert Lee downgraded BlackRock to Market Perform saying the company's "strong organic growth prospects" are largely priced into the shares at current levels. The analyst lowered his price target for the shares to $383 from $390 following BlackRock's Q2 results.
08/08/16
GSCO
08/08/16
DOWNGRADE
GSCO
Buy
BlackRock downgraded to Buy from Conviction Buy at Goldman
Goldman analyst Alexander Blostein removed BlackRock from the Conviction Buy List given expectations for a deceleration in near-term organic fee rate growth, which will limit multiple expansion. The analyst maintains his Buy rating and $400 price target saying BlackRock will deliver industry leading organic growth, but a more difficult mix shift could pressure the firm's overall fee rate/organic revenue growth.

TODAY'S FREE FLY STORIES

02:35
12/08/16
12/08
02:35
12/08/16
02:35
General news
FX Update: The dollar retained a generally softer bias »

FX Update: The dollar…

VNCE

Vince Holding

$4.55

0.35 (8.33%)

20:25
12/07/16
12/07
20:25
12/07/16
20:25
Earnings
Notable companies reporting before tomorrow's open »

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  • 08

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NWBO

Northwest Biotherapeutics

$0.55

0.0227 (4.33%)

20:17
12/07/16
12/07
20:17
12/07/16
20:17
Hot Stocks
Northwest Biotherapeutics to delist from Nasdaq, confirms clinical trial plans »

Northwest Biotherapeutics…

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AAPL

Apple

$111.03

1.08 (0.98%)

, MSFT

Microsoft

$61.37

1.42 (2.37%)

20:07
12/07/16
12/07
20:07
12/07/16
20:07
Periodicals
NHL in negotiations to bring Apple devices to team benches, TSN says »

The NHL has told teams it…

AAPL

Apple

$111.03

1.08 (0.98%)

MSFT

Microsoft

$61.37

1.42 (2.37%)

03/08/13
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  • 07

    Dec

  • 13

    Mar

ATKR

Atkore

$19.71

-0.11 (-0.55%)

19:59
12/07/16
12/07
19:59
12/07/16
19:59
Syndicate
Atkore 8M share Secondary priced at $19.00 »

Credit Suisse, Deutsche…

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  • 08

    Dec

BPMC

Blueprint Medicines

$26.20

-2.23 (-7.84%)

19:58
12/07/16
12/07
19:58
12/07/16
19:58
Syndicate
Blueprint Medicines 5M share Secondary priced at $25.00 »

The deal size was…

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  • 08

    Dec

LULU

lululemon

$59.84

2.6 (4.54%)

19:50
12/07/16
12/07
19:50
12/07/16
19:50
Hot Stocks
lululemon CFO says early Q4 trends strengthened into December »

Speaking during the…

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  • 07

    Dec

  • 09

    Jan

LULU

lululemon

$59.84

2.6 (4.54%)

19:50
12/07/16
12/07
19:50
12/07/16
19:50
Hot Stocks
lululemon CEO highlights Q3 gross margin, reports 11% comp growth in pants »

Speaking during the…

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Citigroup
03/06/13
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  • 07

    Dec

  • 09

    Jan

CVX

Chevron

$114.44

1.68 (1.49%)

19:20
12/07/16
12/07
19:20
12/07/16
19:20
Hot Stocks
Chevron announces $19.8B capital, exploratory budget for 2017 »

Chevron announced a…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 13

    Dec

X

U.S. Steel

$37.49

1.54 (4.28%)

18:49
12/07/16
12/07
18:49
12/07/16
18:49
Periodicals
U.S. Steel CEO: Company may bring back 10,000 U.S. jobs, CNBC says »

U.S. Steel could bring…

03/08/13
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03/06/13
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VNDA

Vanda

$15.40

-0.6 (-3.75%)

18:47
12/07/16
12/07
18:47
12/07/16
18:47
Hot Stocks
Vanda settles Fanapt patent litigation with Apotex »

Vanda Pharmaceuticals…

03/08/13
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03/08/13
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AE

Adams Resources

$42.31

-0.68 (-1.58%)

, SWN

Southwestern Energy

$12.37

-0.08 (-0.64%)

18:46
12/07/16
12/07
18:46
12/07/16
18:46
Hot Stocks
Adams Resources appoints Josh Anders as CFO »

Adams Resources &…

AE

Adams Resources

$42.31

-0.68 (-1.58%)

SWN

Southwestern Energy

$12.37

-0.08 (-0.64%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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EZPW

EZCORP

$11.80

0.05 (0.43%)

18:42
12/07/16
12/07
18:42
12/07/16
18:42
Earnings
EZCORP reports Q4 EPS with items (31c), may not compare to consensus 6c »

EPS figure includes…

03/08/13
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  • 08

    Dec

RICE

Rice Energy

$24.59

-0.16 (-0.65%)

18:33
12/07/16
12/07
18:33
12/07/16
18:33
Initiation
Rice Energy initiated  »

Rice Energy initiated…

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AMZN

Amazon.com

$770.42

5.7 (0.75%)

18:30
12/07/16
12/07
18:30
12/07/16
18:30
Periodicals
Amazon spokesperson denies 2,000 grocery stores report, CNET says »

Following a report by the…

03/08/13
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ICON

Iconix Brand

$9.26

0.14 (1.54%)

18:23
12/07/16
12/07
18:23
12/07/16
18:23
Hot Stocks
Iconix Brand reports employment termination of Chief Strategy Officer Blumberg »

Iconix Brand disclosed in…

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PBYI

Puma Biotechnology

$39.80

-2 (-4.78%)

18:23
12/07/16
12/07
18:23
12/07/16
18:23
Hot Stocks
Puma Biotechnology 'pleased' to complete biomarker analysis of neratinib »

Puma Biotechnology…

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FTK

Flotek

$11.10

-2.01 (-15.33%)

18:17
12/07/16
12/07
18:17
12/07/16
18:17
Hot Stocks
Flotek: Reviewing FourWorld Capital short report, remain confident in product »

Speaking earlier during…

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  • 07

    Dec

  • 07

    Dec

PBYI

Puma Biotechnology

$39.80

-2 (-4.78%)

18:09
12/07/16
12/07
18:09
12/07/16
18:09
Hot Stocks
Puma Biotechnology 'pleased' with preliminary neratinib activity »

Puma Biotechnology…

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PNM

PNM Resources

$32.05

0.45 (1.42%)

18:09
12/07/16
12/07
18:09
12/07/16
18:09
Hot Stocks
PNM Resources requests an electric rate increase of $99M in New Mexico »

PNM Resources' New…

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  • 14

    Dec

BK

BNY Mellon

$48.55

0.56 (1.17%)

18:03
12/07/16
12/07
18:03
12/07/16
18:03
Periodicals
BNY Mellon outage led to certain Swift payment failures, WSJ reports »

Bank of New York Mellon…

03/08/13
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TLRD

Tailored Brands

$18.93

0.62 (3.39%)

17:52
12/07/16
12/07
17:52
12/07/16
17:52
Hot Stocks
Tailored Brands up 22% to $23.20 after Q3 results beat estimates »

The company also raised…

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  • 08

    Dec

FLXS

Flexsteel Industries

$59.12

2.92 (5.20%)

, UNH

UnitedHealth

$159.40

2.08 (1.32%)

17:50
12/07/16
12/07
17:50
12/07/16
17:50
Hot Stocks
Flexsteel names Eric Rangen chair of the board »

Flexsteel Industries…

FLXS

Flexsteel Industries

$59.12

2.92 (5.20%)

UNH

UnitedHealth

$159.40

2.08 (1.32%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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NKE

Nike

$52.10

1.53 (3.03%)

, UA

Under Armour

$27.03

1.62 (6.38%)

17:49
12/07/16
12/07
17:49
12/07/16
17:49
Periodicals
Nike losing market share to faster-growing rivals, Barron's reports »

Despite being down nearly…

NKE

Nike

$52.10

1.53 (3.03%)

UA

Under Armour

$27.03

1.62 (6.38%)

ADDYY

adidas

$76.96

1.225 (1.62%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 20

    Dec

T

AT&T

$40.45

1.1 (2.80%)

17:45
12/07/16
12/07
17:45
12/07/16
17:45
Conference/Events
AT&T management to meet with Jefferies »

Group dinner to be held…

03/08/13
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03/08/13
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  • 07

    Dec

  • 07

    Dec

  • 07

    Dec

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