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SSNLF

Samsung

, FCAU

Fiat Chrysler

$6.36

-0.14 (-2.15%)

20:01
10/12/16
10/12
20:01
10/12/16
20:01

Samsung, Fiat Chrysler partnership talks stalled, Bloomberg says

Fiat Chrysler's (FCAU) discussions with Samsung (SSNLF) over a potential partnership with its car parts business have stalled due to the Korean company's focus on handling the Galaxy Note 7 smartphone crisis, Bloomberg reports, citing people familiar with the matter. The two sides have not yet agreed on the valuation of Magneti Marelli and the structure of an agreement, the report says. The talks haven't been dropped, though it's unlikely that a pact will be signed by the end of the year, the report says. Reference Link

SSNLF

Samsung

FCAU

Fiat Chrysler

$6.36

-0.14 (-2.15%)

  • 23

    Oct

  • 25

    Oct

  • 14

    Nov

SSNLF Samsung

08/01/16
NEED
08/01/16
NO CHANGE
Target $65
NEED
Buy
Synaptics price target lowered to $65 from $88 at Needham
Needham analyst Rajvindra Gill lowered his price target for Synaptics (SYNA) to $65 from $88 on a lower earnings multiple as he remains uncertain on whether the company has secured the OLED DDIC for Apple's (AAPL) iPhone 8 versus an internal Samsung (SSNLF) solution. The analyst reiterates a Buy rating on Synaptics' shares, saying the company will remain one of the leaders in the display markets.
10/11/16
DRXL
10/11/16
NO CHANGE
Target $185
DRXL
Buy
Apple could gain 8M iPhone units from Note 7 troubles, says Drexel Hamilton
Drexel Hamilton analyst Brian White estimates Apple (AAPL) has an opportunity to pick up "at least" 8 million incremental iPhone units in calendar year 2016 due to the Galaxy Note 7 being scrapped, noting that original market expectations were for Samsung (SSNLF) to ship about 10M-14M Galaxy Note 7 units in the second half of this year. The "fiasco" could permanently damage Samsung's smartphone brand, resulting in Apple market share gains, White added. The analyst keeps a Buy rating and $185 price target on Apple shares.
10/12/16
WELS
10/12/16
NO CHANGE
WELS
Market Perform
Wells doesn't see Apple as biggest beneficiary from Samsung issues
Wells Fargo analyst Maynard Um attributes the recent rally in shares of Apple (AAPL), at least in part, to Samsung's (SSNLF) issues with its Note 7 phones. Apple gained an incremental $14B in market capitalization at its intraday peak, which the analyst believes embeds more than 3M of incremental iPhone 7 Plus units. Samsung's production halt will help Apple, but other Android vendors with 5.7 inch phones could see a bigger benefit if Android users prefer to stick with Android, Um tells investors in a research note. He points out that LG, Kyocera, and Microsoft (MFST) have 5.7 inch Android phones at U.S. carriers. Um thinks expectations for Apple into earnings "have risen materially." He keeps a Market Perform rating on the iPhone maker. Apple closed yesterday up 25c to $116.30.
10/12/16
RHCO
10/12/16
NO CHANGE
RHCO
Best Buy, GameStop should be able to sidestep Note 7 impact, says SunTrust
SunTrust analyst David Magee, in two separate notes to investors, said that he believes Samsung's (SSNLF) troubles with the Galaxy Note 7 should not translate to shortfalls for either GameStop's (GME) mobile stores or for Best Buy (BBY), as in both cases most of their customers will simply pick different models. Sony's VR headset and other upcoming products in the category are "ideal for customers to try out in stores," added Magee, who keeps a Buy rating on both GameStop and Best Buy.
FCAU Fiat Chrysler
$6.36

-0.14 (-2.15%)

07/06/16
LEHM
07/06/16
DOWNGRADE
LEHM
Underweight
Fiat Chrysler downgraded to Underweight from Overweight at Barclays
Barclays analyst Kristina Church double downgraded Fiat Chrysler to Underweight from Overweight and cut her price target for the shares to EUR 5.5 from EUR 10. The company's "highly levered" balance sheet makes it "too risky to own," Church tells investors in a research note.
07/06/16
07/06/16
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. Netflix (NFLX) downgraded to Underperform from Hold at Jefferies with analyst John Janedis saying Netflix's domestic subscriber growth trajectory "may be somewhat flatter" than the market's current expectations. 2. American Airlines (AAL) downgraded to Underperform from Outperform at Credit Suisse with analyst Jule Yates downgrading the airline two notches citing high leverage, weaker free cash flow, and a lofty valuation. 3. AB InBev (BUD) downgraded to Underperform from Sector Perform at RBC Capital with analyst James Edwardes Jones saying he expects normal synergies from the SABMiller (SBMRY) deal but said it will not materially alter AB InBev's volume concentration and lacks additional upside. 4. Fiat Chrysler (FCAU) downgraded to Underweight from Overweight at Barclays with analyst Kristina Church downgrading the stock two notches saying, the company's "highly levered" balance sheet makes it "too risky to own." 5. United Continental (UAL) downgraded to Neutral from Outperform at Credit Suisse with analyst Jule Yates citing challenging revenue growth heading into Q3. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/09/16
JEFF
08/09/16
INITIATION
Target $8.25
JEFF
Buy
Fiat Chrysler initiated with a Buy at Jefferies
Jefferies analyst Philippe Houchois started Fiat Chrysler with a Buy rating and $8.25 price target.
08/09/16
08/09/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Ford (F) initiated with an Underperform, General Motors (GM) initiated with a Hold, and Fiat Chrysler (FCAU) initiated with a Buy at Jefferies. Ford and General Motors were also initiated with a Buy at Seaport Global. 2. AMC Networks (AMCX) initiated with a Hold at Loop Capital. 3. Lionsgate (LGF) initiated with a Buy at Loop Capital. 4. Barrick Gold (ABX) initiated with an Equal Weight at Morgan Stanley. 5. AdvancePierre Foods (APFH) initiated with a Neutral at Goldman, an Outperform at BMO Capital, a Buy at Deutsche Bank, and an Outperform at Credit Suisse. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

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 »

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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…

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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
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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…

03/08/13
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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
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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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  • 07

    Dec

  • 07

    Dec

  • 07

    Dec

EFC

Ellington Financial

$16.30

0.2 (1.24%)

17:41
12/07/16
12/07
17:41
12/07/16
17:41
Hot Stocks
Ellington Financial reports estimated book value per share $19.80 as of Nov 30 »

Ellington Financial…

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LULU

lululemon

$59.84

2.6 (4.54%)

, HRB

H&R Block

$23.34

0.65 (2.86%)

17:39
12/07/16
12/07
17:39
12/07/16
17:39
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

LULU

lululemon

$59.84

2.6 (4.54%)

HRB

H&R Block

$23.34

0.65 (2.86%)

VYGR

Voyager Therapeutics

$13.73

-0.27 (-1.93%)

GLW

Corning

$24.58

0.59 (2.46%)

CMTL

Comtech

$12.75

0.77 (6.43%)

VRNT

Verint

$38.30

0.1 (0.26%)

UNFI

United Natural Foods

$49.09

0.43 (0.88%)

OLLI

Ollie's Bargain Outlet

$31.85

0.35 (1.11%)

MIND

Mitcham Industries

$3.73

0.04 (1.08%)

CASY

Casey's General Stores

$124.22

1.14 (0.93%)

OHRP

Ohr Pharmaceutical

$2.53

-0.075 (-2.88%)

03/08/13
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  • 07

    Dec

  • 07

    Dec

  • 07

    Dec

  • 07

    Dec

  • 07

    Dec

  • 07

    Dec

  • 08

    Dec

  • 08

    Dec

  • 13

    Dec

  • 15

    Dec

  • 09

    Jan

  • 09

    Jan

TLRD

Tailored Brands

$18.93

0.62 (3.39%)

17:38
12/07/16
12/07
17:38
12/07/16
17:38
Hot Stocks
Tailored Brands says making 'solid progress' on cost reduction initiatives »

"Our improved…

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  • 08

    Dec

TLRD

Tailored Brands

$18.93

0.62 (3.39%)

17:37
12/07/16
12/07
17:37
12/07/16
17:37
Hot Stocks
Tailored Brands says on track to achieve targeted $50M of cost savings in FY16 »

"We are on track to…

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  • 08

    Dec

TLRD

Tailored Brands

$18.93

0.62 (3.39%)

17:36
12/07/16
12/07
17:36
12/07/16
17:36
Hot Stocks
Tailored Brands reports Q3 Men's Wearhouse SSS up 0.1% »

Reports Q3: Jos. A. Bank…

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  • 08

    Dec

VLKAY

Volkswagen

$28.94

0.895 (3.19%)

17:35
12/07/16
12/07
17:35
12/07/16
17:35
Periodicals
EU to take action against seven countries over emissions failings, Reuters says »

After the Volkswagen…

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  • 05

    Jan

  • 10

    Jan

TLRD

Tailored Brands

$18.93

0.62 (3.39%)

17:33
12/07/16
12/07
17:33
12/07/16
17:33
Earnings
Tailored Brands revises FY16 adjusted EPS view to $1.70-$1.85 from $1.55-$1.85 »

FY16 consensus $1.70.…

03/08/13
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03/06/13
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  • 08

    Dec

TLRD

Tailored Brands

$18.93

0.62 (3.39%)

17:31
12/07/16
12/07
17:31
12/07/16
17:31
Earnings
Tailored Brands reports Q3 adjusted EPS 68c, consensus 55c »

Reports Q3 revenue…

03/08/13
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  • 08

    Dec

DAL

Delta Air Lines

$51.10

1.67 (3.38%)

17:23
12/07/16
12/07
17:23
12/07/16
17:23
Periodicals
Delta experiments with free meals in coach, Bloomberg says »

Delta is testing…

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