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SSNLF

Samsung

04:49
10/13/16
10/13
04:49
10/13/16
04:49

Samsung expands recall of Galaxy Note7 to include original, replacement devices

Samsung Electronics America, Inc. today announced the expansion of the Galaxy Note7 voluntary recall to include all original and replacement Galaxy Note7 devices sold or exchanged in the United States before and after the original recall on September 15, 2016. The decision to include new Galaxy Note7 replacement devices as part of an expanded recall was made after Samsung stopped the production, sale and exchange of the product on October 10, 2016. All owners of Galaxy Note7 devices can exchange their phone for another Samsung smartphone device, or receive a refund, under the terms of the expanded U.S. Note7 Refund and Exchange Program, approved by the CPSC. Through the U.S. Note7 Refund and Exchange Program, consumers can choose the following options beginning on October 13, 2016 at 3:00 p.m. ET: 1. Up to a $100 total bill credit for a customer who exchanges a Note7 for any Samsung smartphone. 2. A $25 total bill credit for a customer who exchanges a Note7 for a refund or other branded smartphone.

  • 23

    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.

TODAY'S FREE FLY STORIES

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GPMT

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GPMT

Granite Point Mortgage

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Breaking Syndicate news story on Granite Point Mortgage »

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MDSO

Medidata

$80.25

4.25 (5.59%)

09:42
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Conference/Events
Medidata management to meet with Piper Jaffray »

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LPI

Laredo Petroleum

09:41
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06/23
09:41
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Conference/Events
Laredo Petroleum management to meet with Piper Jaffray »

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IFF

International Flavors

09:41
06/23/17
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Hot Stocks
International Flavors to settle trade secret lawsuit with ZoomEssence for $56M »

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GPMT

Granite Point Mortgage

09:40
06/23/17
06/23
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09:40
Syndicate
Granite Point Mortgage indicated to open at $18-$19, IPO priced at $19.50 »

Granite Point Mortgage…

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  • 23

    Jun

LGF.A

Lionsgate

09:40
06/23/17
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Conference/Events
Lionsgate management to meet with B. Riley »

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  • 27

    Jun

NGD

New Gold

, GILD

Gilead

$70.48

2.98 (4.41%)

09:40
06/23/17
06/23
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09:40
Options
Unusually active option classes on open June 23rd »

Unusual total active…

NGD

New Gold

GILD

Gilead

$70.48

2.98 (4.41%)

ORCL

Oracle

VRX

Valeant

AMD

AMD

$14.38

0.4 (2.86%)

DIS

Disney

SLV

iShares Silver Trust

CAT

Caterpillar

COST

Costco

$159.79

-3.36 (-2.06%)

TWTR

Twitter

03/08/13
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03/08/13
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STML

Stemline

$8.50

0.15 (1.80%)

09:39
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Stemline presents updated stage 1 and 2 data from SL-401 trial »

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  • 23

    Jun

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LGF

Use LGF.A, LGF.B

09:39
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Conference/Events
Use LGF.A, LGF.B management to meet with B. Riley »

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  • 27

    Jun

INN

Summit Hotel Properties

09:38
06/23/17
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Conference/Events
Summit Hotel Properties management to meet with Canaccord »

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  • 27

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IMGN

ImmunoGen

$5.82

-0.2 (-3.32%)

09:38
06/23/17
06/23
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09:38
Conference/Events
ImmunoGen management to meet with Jefferies »

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  • 27

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REGN

Regeneron

$526.53

4.51 (0.86%)

09:36
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Breaking Hot Stocks news story on Regeneron »

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ETSY

Etsy

$14.68

0.48 (3.38%)

09:36
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Several private equity firms have reached out to Etsy, Dealreporter says »

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CAT

Caterpillar

09:36
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Technical View: Caterpillar slips lower, analyst action »

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HQY

HealthEquity

$51.05

-0.39 (-0.76%)

09:36
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Conference/Events
HealthEquity management to meet with Barrington »

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  • 27

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APLP

Archrock Partners LP

$13.66

0.61 (4.67%)

09:35
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Downgrade
Archrock Partners LP rating change  »

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09:35
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AROC

Archrock

09:34
06/23/17
06/23
09:34
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09:34
Downgrade
Archrock rating change  »

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03/08/13
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WRE

Washington REIT

09:32
06/23/17
06/23
09:32
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09:32
Conference/Events
Washington REIT management to meet with JPMorgan »

Meeting to be held in…

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General news
PMI Composite Flash â€' Level to be reported at 09:45 »

June PMI Composite Flash…

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General news
PMI Composite Flash Manufacturing â€' Level to be reported at 09:45 »

June PMI Composite Flash…

ADHD

Alcobra

, AVEO

AVEO Oncology

$0.73

0.0281 (4.02%)

09:29
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ADHD

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AVEO

AVEO Oncology

$0.73

0.0281 (4.02%)

SNCR

Synchronoss

$12.18

1.53 (14.37%)

BBRY

BlackBerry

$11.06

0.41 (3.85%)

BBBY

Bed Bath & Beyond

$33.74

0.08 (0.24%)

BLCM

Bellicum Pharmaceuticals

$13.98

1.33 (10.51%)

BLUE

bluebird bio

$118.50

-1.8 (-1.50%)

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