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AAPL

Apple

$116.30

0.25 (0.22%)

11:08
10/12/16
10/12
11:08
10/12/16
11:08

Taiwanese tech companies' sales slump due to lukewarm iPhone demand, Nikkei says

The revenue of 19 Taiwanese technology companies on the Nikkei Asian Review's watch list fell 1.52% from a year ago in September, which the publication attributes to "lukewarm demand" for Apple's iPhone 7 and 7 Plus. Seven out of nine Apple suppliers on NAR's watch list reported a decline in sales from a year ago in September, the Nikkei noted. Reference Link

  • 25

    Oct

AAPL Apple
$116.30

0.25 (0.22%)

10/12/16
GSCO
10/12/16
NO CHANGE
Target $124
GSCO
Buy
Goldman expects a beat and raise quarter for Apple
Goldman analyst Simona Jankowski expects Apple to report a solid beat-and raise quarter on the back of iPhone 7 strength. The analyst said iPhone 7 demand is tracking ahead of expectations driven by the one week earlier than expected launch, better than expected carrier promotions, and Samsung Note 7 issues. Jankowski raised his September quarter iPhone unit estimate by 1M units to 45.6M, versus consensus of 44.5M, and raised the December quarter unit estimate by 2M to 78.1M, versus consensus of 75.5M. The analyst rates Apple a Buy with a $124 price target on share.
10/12/16
OTRG
10/12/16
UPGRADE
OTRG
Positive
Apple upgraded to Positive from Negative at OTR Global
10/12/16
10/12/16
UPGRADE

Positive
Apple upgraded to Positive on iPhone 7 strength at OTR Global
As previously reported, OTR Global upgraded Apple to Positive from Negative. The firm's checks indicate iPhone 7 launch orders are above last year's model launch,with Q4 order gains and stable inventories.
10/12/16
10/12/16
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. Apple (AAPL) upgraded to Positive from Negative at OTR Global with the firm saying its checks indicate iPhone 7 launch orders are above last year's model launch, with fourth quarter order gains and stable inventories. 2. Procter & Gamble (PG) upgraded to Buy from Hold at Argus with analyst John Staszak citing the company's plans to accelerate Research & Development and advertising spending, as well as recent positive earnings surprises. 3. Barracuda (CUDA) upgraded to Overweight from Neutral at Piper Jaffray with analyst Andrew Nowinski saying the company reported "another strong quarter" and its transition to a subscription-based cloud portfolio is nearly complete. 4. AMD (AMD) upgraded to Neutral from Underperform at Credit Suisse with analyst John Pitzer saying near-term momentum will continue to offset longer-term concerns around lack of scale. 5. Motorola Solutions (MSI) upgraded to Outperform from Market Perform at BMO Capital with analyst Tim Long saying he expects organic revenue growth to return later this year and sees the company's investment in smart public safety software to help expansion beyond hardware. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

JCP

J.C. Penney

$5.55

-0.035 (-0.63%)

11:17
04/24/17
04/24
11:17
04/24/17
11:17
Hot Stocks
J.C. Penney to add 70 new Sephora inside JCPenney locations, expand 32 locations »

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    May

11:17
04/24/17
04/24
11:17
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11:17
Conference/Events
Wells Fargo healthcare analyst holds an analyst/industry conference call »

Healthcare Analyst…

$NSD

NASDAQ Market Internals

11:17
04/24/17
04/24
11:17
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11:17
Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

11:16
04/24/17
04/24
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11:16
Technical Analysis
NYSE market internals summary »

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11:15
04/24/17
04/24
11:15
04/24/17
11:15
General news
Breaking General news story  »

Minneapolis Federal…

11:15
04/24/17
04/24
11:15
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11:15
General news
Breaking General news story  »

6-Month Bill Auction to…

11:15
04/24/17
04/24
11:15
04/24/17
11:15
General news
Breaking General news story  »

3-Month Bill Auction to…

GMED

Globus Medical

$30.84

-0.06 (-0.19%)

, MZOR

Mazor Robotics

$35.68

0.64 (1.83%)

11:14
04/24/17
04/24
11:14
04/24/17
11:14
Hot Stocks
After surveying spine doctors, analyst says sell Globus Medical »

This morning, Barclays…

GMED

Globus Medical

$30.84

-0.06 (-0.19%)

MZOR

Mazor Robotics

$35.68

0.64 (1.83%)

SYK

Stryker

$134.39

1.45 (1.09%)

JNJ

Johnson & Johnson

$122.47

0.71 (0.58%)

NUVA

NuVasive

$75.02

-0.68 (-0.90%)

KTWO

K2M Group

$21.21

-0.13 (-0.61%)

MDT

Medtronic

$81.13

0.645 (0.80%)

03/08/13
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    Jun

UAL

United Continental

$70.55

0.99 (1.42%)

11:13
04/24/17
04/24
11:13
04/24/17
11:13
Periodicals
Lawyer says Dao to sue United Airlines over forcible removal, BI reports »

Thomas Demetrio, the…

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SLCA

U.S. Silica

$40.95

0.44 (1.09%)

11:12
04/24/17
04/24
11:12
04/24/17
11:12
Technical Analysis
U.S. Silica technical notes ahead of earnings, potential bearish pattern »

There is a potential…

03/08/13
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  • 25

    Apr

PWOD

Penns Woods Bancorp

$41.77

-0.16 (-0.38%)

11:12
04/24/17
04/24
11:12
04/24/17
11:12
Hot Stocks
Penns Woods Bancorp authorizes extension of stock repurchase plan »

Penns Woods Bancorp…

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NEM

Newmont Mining

$34.01

-0.12 (-0.35%)

11:11
04/24/17
04/24
11:11
04/24/17
11:11
Options
Put buying continues in Newmont Mining ahead of earnings »

Put buying continues in…

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  • 25

    Apr

11:10
04/24/17
04/24
11:10
04/24/17
11:10
General news
Treasury announced a $60 B 4-week bill auction for Tuesday »

Treasury announced a $60…

SNY

Sanofi

$45.93

1.835 (4.16%)

11:09
04/24/17
04/24
11:09
04/24/17
11:09
Periodicals
Breaking Periodicals news story on Sanofi »

Sanofi files…

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  • 24

    Apr

  • 03

    May

11:07
04/24/17
04/24
11:07
04/24/17
11:07
General news
4-Week Bill Announcement Offering Amount data reported »

4-Week Bill Announcement…

VLO

Valero

$66.69

1.46 (2.24%)

11:06
04/24/17
04/24
11:06
04/24/17
11:06
Options
Valero call volume above normal and directionally bullish »

Bullish option flow…

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BOCH

Bank of Commerce Holdings

$11.05

0.1 (0.91%)

11:01
04/24/17
04/24
11:01
04/24/17
11:01
Hot Stocks
Bank of Commerce Holdings to relocate headquarters to Sacramento from Redding »

Randall S. Eslick,…

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WHR

Whirlpool

$174.98

3.47 (2.02%)

11:01
04/24/17
04/24
11:01
04/24/17
11:01
Technical Analysis
Whirlpool technical comments before earnings »

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  • 25

    Apr

  • 04

    May

SBH

Sally Beauty

$19.27

-0.425 (-2.16%)

, SMRT

Stein Mart

10:57
04/24/17
04/24
10:57
04/24/17
10:57
Hot Stocks
Sally Beauty slides after downgrade as KeyBanc sees 'hairy' retail story »

Shares of Sally Beauty…

SBH

Sally Beauty

$19.27

-0.425 (-2.16%)

SMRT

Stein Mart

ULTA

Ulta Beauty

$279.50

0.77 (0.28%)

03/08/13
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  • 20

    Jun

BX

Blackstone

$30.35

0.07 (0.23%)

10:56
04/24/17
04/24
10:56
04/24/17
10:56
Options
Blackstone put volume heavy and directionally bearish »

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10:55
04/24/17
04/24
10:55
04/24/17
10:55
General news
Treasury Action: Treasuries were unaffected by Dallas Fed beat »

Treasury Action:…

KURA

Kura Oncology

10:52
04/24/17
04/24
10:52
04/24/17
10:52
Conference/Events
Kura Oncology management to meet with JMP Securities »

Meeting to be held on the…

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  • 26

    Apr

10:50
04/24/17
04/24
10:50
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10:50
General news
U.S. Dallas Fed manufacturing index dipped 0.1 point to 16.8 in April »

U.S. Dallas Fed…

DWCH

Datawatch

$9.25

0.85 (10.12%)

10:49
04/24/17
04/24
10:49
04/24/17
10:49
Conference/Events
Datawatch management to meet with Craig Hallum »

Meeting to be held in New…

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  • 26

    Apr

BGG

Briggs & Stratton

$23.94

0.44 (1.87%)

10:46
04/24/17
04/24
10:46
04/24/17
10:46
Conference/Events
Briggs & Stratton management to meet with Sidoti »

Meeting to be held in…

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  • 26

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