Breaking News Instant updates and real-time market news.

CAB

Cabela's

$63.17

-0.21 (-0.33%)

, ODP

Office Depot

$3.53

-0.02 (-0.56%)

15:54
10/06/16
10/06
15:54
10/06/16
15:54

Bass Pro, Cabela's awaiting green light from regulators, Omaha World-Herald says

Bass Pro Shops still has to get the green light from federal antitrust regulators before it can close on its purchase of rival Cabela's (CAB), a process that could take well into the spring, according to Omaha World-Herald. It could result in the closure of some stores, Cabela's Sidney brand being sold or the deal being blocked entirely, following the same fate as Staples (SPLS) and Office Depot (ODP) proposed merger, the publication noted. Reference Link

CAB

Cabela's

$63.17

-0.21 (-0.33%)

ODP

Office Depot

$3.53

-0.02 (-0.56%)

SPLS

Staples

$8.24

0.03 (0.37%)

CAB Cabela's
$63.17

-0.21 (-0.33%)

07/06/16
DADA
07/06/16
NO CHANGE
DADA
Gun sales could continue to be strong through fall, says DA Davidson
Noting that firearm background checks jumped 28.6% year-over-year last month, DA Davidson attributes the surge to the Orlando terrorist attack and subsequent efforts to pass new gun control legislation. The firm thinks that continued pro-gun control rhetoric could create "a tailwind" for gun sales through the fall. DA Davidson says that Sportsman's Warehouse's (SPWH) valuation is attractive after the stock fell over 30% so far this year. It keeps a Buy rating on the shares. The firm keeps a Neutral rating on Cabela's (CAB). Smith & Wesson (SWHC) and Sturm, Ruger (RGR) manufacture guns.
10/03/16
FLTL
10/03/16
DOWNGRADE
FLTL
Hold
Cabela's downgraded to Hold from Buy at Feltl
Feltl downgraded Cabela's to Hold following the acquisition by Bass Pro Shops for $65.50 per share.
10/03/16
MKMP
10/03/16
DOWNGRADE
MKMP
Neutral
Cabela's downgraded to Neutral from Buy at MKM Partners
MKM Partners downgraded Cabela's to Hold following the acquisition by Bass Pro Shops for $65.50 per share.
10/04/16
LEHM
10/04/16
DOWNGRADE
Target $64
LEHM
Equal Weight
Cabela's downgraded to Equal Weight from Overweight at Barclays
Barclays analyst Matthew McClintock downgraded Cabela's to Equal Weight saying the takeover offer from Bass Pro Shops fully values the company's assets. The analyst raised his price target for the shares to $64 from $50.
ODP Office Depot
$3.53

-0.02 (-0.56%)

05/11/16
OPCO
05/11/16
NO CHANGE
OPCO
Office products retail outlook 'more precarious,' says Oppenheimer
Oppenheimer analyst Brian Nagel views the outlook for office products retail and its leading chains as "more and more precarious," following the decision of a federal judge to side with the Federal Trade Commission and halt the proposed merger of Staples (SPLS) and Office Depot (ODP). Both companies have already announced intentions to focus on internal opportunities and plans to restructure their operating models, which should lead to better bottom-line trends, nearer term, the analyst tells investors in a research note. He adds, however, that top-line growth will remain a challenge, given significant competition and product cycle dislocations. Nagel also notes that he believes that the blocking of this merger could set a precedent for the retail group on whole, viewing a combination of either AutoZone (AZO) or O'Reilly Auto (ORLY) with Advance Auto Parts (AAP) as less than likely.
05/11/16
05/11/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Office Depot (ODP) downgraded to Hold at Jefferies and to Sell at UBS while Staples (SPLS) was downgraded to Hold at Jefferies and Neutral at UBS after the merger was blocked and terminated. Jefferies analyst Daniel Binder said both companies are now vulnerable to secular decline and increased competition. UBS analyst Michael Lasser said Staples' earnings will likely stagnate while Office Depot's sales will likely continue trending downward. 2. Sapiens (SPNS) downgraded to Sell at Roth Capital by analyst Richard Baldry, who said software sales eroded steadily in 2015, leaving the company unwilling to break out software contribution any longer. 3. SeaWorld (SEAS) double downgraded to Underperform at Credit Suisse with analyst Benjamin Chaiken saying expectations for the company are ahead of themselves heading into the 2016 season. 4. Ross Stores (ROST) downgraded to Underweight at Piper Jaffray by analyst Neely Tamminga, who cited the weak consumer environment and said the shares could come under pressure should the first fiscal quarter underwhelm investors. 5. EPIRUS (EPRS) downgraded to Neutral at BTIG and Wedbush after yesterday's announcement of management changes and a strategic change in direction. Wedbush analyst Heather Behanna said 2016 will bring little news flow or clarity on pipeline progress outside of potential partnering activities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/17/16
UBSW
05/17/16
NO CHANGE
Target $4
UBSW
Sell
Office Depot investors should proceed with caution, says UBS
UBS said the Office Depot strategic update was underwhelming, but that low expectations have been priced into the stock. The firm noted the company has hired Bain Capital to help it explore alternatives, but said until more strategic direction detail is released it is best to proceed with caution. UBS reiterated its Sell rating and $4 price target on Office Depot shares.
05/23/16
05/23/16
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. Allegheny Technologies (ATI) double upgraded to Buy at BofA/Merrill by analyst Timna Tanners, who has increased confidence in the company's engine positioning giving a solid outlook for aerospace and a more neutral view on nickel prices. 2. Universal Display (OLED) upgraded to Buy at Goldman with analyst Brian Lee saying the company should be a key beneficiary of Apple's (AAPL) first-time adoption of OLED displays for iPhone starting in 2017. 3. Schlumberger (SLB) upgraded to Conviction Buy at Goldman by analyst Waqar Syed, who said the company is best positioned for the "New Oil Order" due to its exposure to incremental sources of oil supply. 4. Square (SQ) upgraded to Buy at CLSA following the lockup expiration and overblown credit concerns. The firm said the lockup expiration is behind the company. 5. Staples (SPLS) double upgraded to Buy at BofA/Merrill by analyst Denise Chai, who said the sell-off following the termination of the Office Depot (ODP) merger has created an attractive entry point ahead of a potential earnings upside. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
SPLS Staples
$8.24

0.03 (0.37%)

05/23/16
BOFA
05/23/16
UPGRADE
BOFA
Buy
Staples upgraded to Buy from Underperform at BofA/Merrill
BofA/Merrill analyst Denise Chai upgraded Staples (SPLS) two notches to Buy from Underperform and raised her price target to $10 from $8.50. The analyst said the sell-off following the termination of the Office Depot (ODP) merger has created an attractive entry point ahead of a potential earnings upside as Staples focuses on core strengths in Beyond Office Supplies and mid-market while downsizing its retail footprint and potentially divesting loss-making European operations.

TODAY'S FREE FLY STORIES

VCRA

Vocera

$24.96

0.42 (1.71%)

16:41
04/27/17
04/27
16:41
04/27/17
16:41
Earnings
Vocera sees Q2 adjusted EPS (8c)-(3c), consensus 2c »

Sees Q2 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 17

    May

  • 30

    May

BNFT

Benefitfocus

$30.85

0.9 (3.01%)

16:41
04/27/17
04/27
16:41
04/27/17
16:41
Earnings
Benefitfocus sees FY17 EPS (37c)-(24c), consensus (31c) »

Sees FY17 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 09

    May

VCRA

Vocera

$24.96

0.42 (1.71%)

16:41
04/27/17
04/27
16:41
04/27/17
16:41
Earnings
Vocera cuts FY17 adjusted EPS view to 2c-19c from 7c-24c, consensus 19c »

Backs FY17 revenue view…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 17

    May

  • 30

    May

SSNC

SS&C

$37.65

0.34 (0.91%)

16:41
04/27/17
04/27
16:41
04/27/17
16:41
Earnings
SS&C sees FY17 adjusted revenue $1.66B-$1.69B, consensus $1.67B »

Reports FY17 adjusted net…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 02

    May

  • 20

    Jun

  • 21

    Jun

  • 22

    Jun

  • 22

    Jun

VCRA

Vocera

$24.96

0.42 (1.71%)

16:40
04/27/17
04/27
16:40
04/27/17
16:40
Earnings
Vocera reports Q1 adjusted EPS (5c), consensus (8c) »

Reports Q1 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 17

    May

  • 30

    May

BNFT

Benefitfocus

$30.85

0.9 (3.01%)

16:40
04/27/17
04/27
16:40
04/27/17
16:40
Earnings
Benefitfocus sees Q2 EPS (16c)-(13c), consensus (13c) »

Sees Q2 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 09

    May

IRET

Investors Real Estate

$6.07

-0.09 (-1.46%)

16:40
04/27/17
04/27
16:40
04/27/17
16:40
Hot Stocks
Investors Real Estate announces CEO, senior management changes »

IRET, in a continuation…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SSNC

SS&C

$37.65

0.34 (0.91%)

16:39
04/27/17
04/27
16:39
04/27/17
16:39
Earnings
SS&C sees Q2 adjusted revenue $408M-$416M, consensus $412.69M »

Sees Q2 adjusted net…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 02

    May

  • 20

    Jun

  • 21

    Jun

  • 22

    Jun

  • 22

    Jun

MSTR

MicroStrategy

$192.49

-0.52 (-0.27%)

16:39
04/27/17
04/27
16:39
04/27/17
16:39
Earnings
MicroStrategy reports Q1 GAAP EPS $1.28, may not compare to consensus $1.47 »

Reports Q1 adjusted…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

ECOL

US Ecology

$48.45

-0.25 (-0.51%)

16:39
04/27/17
04/27
16:39
04/27/17
16:39
Earnings
US Ecology backs FY17 EPS $1.69-$1.93, consensus $1.79 »

"Overall, business…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Apr

  • 09

    May

SSNC

SS&C

$37.65

0.34 (0.91%)

16:38
04/27/17
04/27
16:38
04/27/17
16:38
Earnings
SS&C reports Q1 adjusted EPS 44c, consensus 44c »

Reports Q1 adjusted…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 02

    May

  • 20

    Jun

  • 21

    Jun

  • 22

    Jun

  • 22

    Jun

INVA

Innoviva

$12.59

-0.26 (-2.02%)

16:38
04/27/17
04/27
16:38
04/27/17
16:38
Earnings
Innoviva reports Q1 adjusted EPS 19c, consensus 26c »

Reports Q1 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

BNFT

Benefitfocus

$30.85

0.9 (3.01%)

16:38
04/27/17
04/27
16:38
04/27/17
16:38
Earnings
Benefitfocus reports Q1 EPS (11c), consensus (13c) »

Reports Q1 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 09

    May

SRPT

Sarepta

$34.72

-0.14 (-0.40%)

16:38
04/27/17
04/27
16:38
04/27/17
16:38
Earnings
Sarepta raises FY17 revenue from above $80M to above $95M, consensus $97.78M »

"Based on the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ECOL

US Ecology

$48.45

-0.25 (-0.51%)

16:37
04/27/17
04/27
16:37
04/27/17
16:37
Earnings
US Ecology reports Q1 EPS 24c, consensus 30c »

Reports Q1 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Apr

  • 09

    May

GOOGL

Alphabet Class A

$891.44

2.3 (0.26%)

16:37
04/27/17
04/27
16:37
04/27/17
16:37
Hot Stocks
Alphabet Class A shares rise 5% to $935 after earnings beat »

Alphabet Class A shares…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AIQUY

Air Liquide

$24.16

-0.23 (-0.94%)

, LECO

Lincoln Electric

$89.58

-0.71 (-0.79%)

16:37
04/27/17
04/27
16:37
04/27/17
16:37
Hot Stocks
Air Liquide to sell welding unit to Lincoln Electric France »

Air Liquide (AIQUY)…

AIQUY

Air Liquide

$24.16

-0.23 (-0.94%)

LECO

Lincoln Electric

$89.58

-0.71 (-0.79%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    May

16:37
04/27/17
04/27
16:37
04/27/17
16:37
General news
Money Supply M2 Weekly Change data reported »

Week of 4/17 Money Supply…

16:36
04/27/17
04/27
16:36
04/27/17
16:36
General news
Fed Balance Sheet Level data reported »

Week of 4/26 Fed Balance…

RMD

ResMed

$72.85

1.1 (1.53%)

16:36
04/27/17
04/27
16:36
04/27/17
16:36
Earnings
ResMed reports Q3 non-GAAP EPS 71c, consensus 71c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 06

    Jun

HEP

Holly Energy

16:35
04/27/17
04/27
16:35
04/27/17
16:35
Hot Stocks
Holly Energy raises quarterly distribution 7.8% to 62c per unit »

The board of directors…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    May

BIDU

Baidu

$187.86

1.19 (0.64%)

16:35
04/27/17
04/27
16:35
04/27/17
16:35
Hot Stocks
Baidu reports 451,000 active online marketing customers in Q1 »

Representing a 23.2%…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

MOBL

MobileIron

$4.45

-0.05 (-1.11%)

16:35
04/27/17
04/27
16:35
04/27/17
16:35
Earnings
Breaking Earnings news story on MobileIron »

MobileIron backs FY17…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 08

    Jun

LPLA

LPL Financial

$38.52

-0.84 (-2.13%)

16:35
04/27/17
04/27
16:35
04/27/17
16:35
Hot Stocks
Breaking Hot Stocks news story on LPL Financial »

LPL Financial trading…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 17

    May

MSFT

Microsoft

$68.27

0.44 (0.65%)

16:34
04/27/17
04/27
16:34
04/27/17
16:34
Hot Stocks
Nadella says Q1 results reflect 'trust' in Microsoft Cloud »

"Our results this…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Apr

  • 02

    May

  • 09

    May

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.