Breaking News Instant updates and real-time market news.

BX

Blackstone

$23.84

-0.32 (-1.32%)

, GS

Goldman Sachs

$167.42

-1.88 (-1.11%)

06:06
10/14/16
10/14
06:06
10/14/16
06:06

Blackstone, Apollo expected to bid for Xella, Reuters reports

Blackstone (BX), Apollo (APO) and Bain are among the private equity firms said to hand in "tentative" offers for building materials maker Xella, Reuters reports, citing several people close to the deal. According to the sources, bids by the private equity firms are likely to value Xella at 6 to 7 times Xella's expected annual core earnings of EUR270M, while the sellers -- PAI Partners and Goldman Sachs' (GS) investment arm -- are hoping for a multiple of 8 times. Reference Link

BX

Blackstone

$23.84

-0.32 (-1.32%)

GS

Goldman Sachs

$167.42

-1.88 (-1.11%)

APO

Apollo Global

$18.14

-0.55 (-2.94%)

  • 27

    Oct

  • 28

    Oct

  • 10

    Nov

BX Blackstone
$23.84

-0.32 (-1.32%)

03/11/16
DBAB
03/11/16
DOWNGRADE
Target $28
DBAB
Hold
Blackstone downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Brian Bedell downgraded Blackstone (BX) to Hold saying Alternative Asset Mangers will underperform over the next year amid volatile markets. The analyst lowered his price target for the shares to $28 from $30 and views Oaktree Capital (OAK) as the best positioned in the space.
03/08/16
03/08/16
NO CHANGE

Deutsche views ending of SunEdison, Vivint deal as potential positive
Deutsche Bank analyst Vishal Shah believes the termination of SunEdison's (SUNE) agreement to acquire Vivint Solar (VSLR) is a potential longer-term positive for SunEdison and TerraForm Power (TERP). The failure may also turn out to be a positive for Vivint in the long run, Shah tells investors in a research note. Investor focus will now shift from near-term liquidity and balance sheet stress for both TerraForm and SunEdison to potential legal ramifications from Vivint and Blackstone (BX), the analyst contends. He believes, however, that the legal impact may not be that significant considering the audit committee investigation and resulting lack of financing availability.
02/01/16
JMPS
02/01/16
NO CHANGE
JMPS
Blackstone outlook positive, says JMP Securities
JMP Securities says that Blackstone's underlying business trends improved in Q4, while its overall outlook is positive. The firm thinks pressure from weak markets so far this year will be transitory. It reiterates a $40 price target and Outperform rating on the shares.
12/14/15
12/14/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Atwood Oceanics (ATW) initiated with a Hold at KLR Group... Axsome Therapies (AXSM) initiated with a Buy at Ladenburg... Blackstone (BX) initiated with an Outperform at William Blair... Build-A-Bear (BBW) initiated with a Neutral at Guggenheim... C&J Energy (CJES) initiated with a Buy at KLR Group... CARBO Ceramics (CRR) initiated with a Hold at KLR Group... Core Laboratories (CLB) initiated with a Buy at KLR Group... Diamond Offshore (DO) initiated with an Accumulate at KLR Group... Dril-Quip (DRQ) initiated with an Accumulate at KLR Group... Duke Realty (DRE) initiated with a Buy at Goldman... FMC Technologies (FTI) initiated with a Buy at KLR Group... Fairmount Santrol (FMSA) initiated with a Hold at KLR Group... Fibria Celulose (FBR) initiated with a Neutral at Goldman... Flotek (FTK) initiated with a Buy at KLR Group... Forum Energy (FET) initiated with a Buy at KLR Group... Four Corners Property Trust (FCPT) initiated with a Buy at Ladenburg... Frank's International (FI) initiated with a Buy at KLR Group... GATX Corp. (GMT) initiated with a Sell at Axiom... Greenbrier (GBX) initiated with an Outperform at Cowen... Haemonetics (HAE) initiated with a Neutral at BTIG... Halliburton (HAL) initiated with an Accumulate at KLR Group... Helmerich & Payne (HP) initiated with a Buy at KLR Group... Inuvo (INUV) initiated with a Buy at Ladenburg... Liberty Media (LMCA) initiated with an Overweight at JPMorgan... Liberty Property (LPT) initiated with a Neutral at Goldman... Luxoft (LXFT) initiated with an Outperform at William Blair... Match Group (MTCH) initiated with a Buy at Deutsche Bank... Mimecast (MIME) initiated with an Overweight at Barclays... Nabors Industries (NBR) initiated with a Buy at KLR Group... National Oilwell (NOV) initiated with a Buy at KLR Group... Newpark Resources (NR) initiated with a Buy at KLR Group... Oceaneering (OII) initiated with an Accumulate at KLR Group... Oil States (OIS) initiated with a Buy at KLR Group... Pacific Drilling (PACD) initiated with a Hold at KLR Group... Patterson-UTI (PTEN) initiated with a Buy at KLR Group... Rowan Companies (RDC) initiated with a Buy at KLR Group... Schlumberger (SLB) initiated with a Buy at KLR Group... Seadrill (SDRL) initiated with a Reduce at KLR Group... Sirius XM (SIRI) initiated with a Neutral at JPMorgan... Spirit Realty (SRC) initiated with a Buy at SunTrust... Square (SQ) initiated with a Buy at Goldman... Superior Energy (SPN) initiated with a Buy at KLR Group... Tesla (TSLA) initiated with a Market Perform at JMP Securities... Transocean (RIG) initiated with a Buy at KLR Group... Trinity Industries (TRN) initiated with an Outperform at Cowen... U.S. Silica (SLCA) initiated with a Hold at KLR Group... VMware (VMW) initiated with a Buy at Gabelli... WashingtonFirst Bankshares (WFBI) initiated with an Outperform at Raymond James... Weatherford (WFT) initiated with an Accumulate at KLR Group... Whitestone REIT (WSR) initiated with a Neutral at SunTrust... Xtera Communications (XCOM) initiated with a Buy at Needham.
GS Goldman Sachs
$167.42

-1.88 (-1.11%)

10/10/16
OPCO
10/10/16
NO CHANGE
OPCO
Oppenheimer technical analyst upgrades Financials, downgrades Consumer Staples
Oppenheimer technical analyst Ari Wald upgraded the Financials sector to Market Weight and downgraded Consumer Staples to Underweight in next step in the firm's "cyclical rotation road map." Wald identified Ameriprise (AMP), Bank of America (BAC), Citi (C), Goldman Sachs (GS), Lincoln National (LNC) and SunTrust (STI) as six stocks breaking higher that he sees as likely to benefit from internal market rotation.
07/13/16
07/13/16
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. Citi (C) initiated with a Buy, JPMorgan (JPM) initiated with a Sell, Goldman Sachs (GS) and Morgan Stanley (MS) initiated with a Hold at Berenberg. 2. Ingersoll-Rand (IR) initiated with an Outperform at BMO Capital. 3. Incyte (INCY) initiated with an Outperform at RBC Capital. 4. Williams (WMB) reinstated with a Buy at Goldman. 5. E-Trade (ETFC) initiated with a Buy at Buckingham. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/13/16
BREN
07/13/16
INITIATION
Target $140
BREN
Hold
Goldman Sachs initiated with a Hold at Berenberg
Target $140.
04/19/16
SBSH
04/19/16
NO CHANGE
Target $185
SBSH
Buy
Goldman Sachs offers the best risk/reward under coverage, says Citi
Citi analyst Keith Horowitz said Goldman Sachs offers the best risk/reward under coverage and sees significant leverage for better returns from improved market conditions and increased expense focus. The analyst rates Goldman Sachs a Buy with a $185 price target.
APO Apollo Global
$18.14

-0.55 (-2.94%)

08/04/16
KBWI
08/04/16
UPGRADE
Target $22
KBWI
Outperform
Apollo Global upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Robert Lee upgraded Apollo Global to Outperform citing strong investment performance and capital formation following the company's Q2 results. The analyst raised his price target for the shares to $22 from $18. Oppenheimer this morning also upgraded Apollo Global.
08/04/16
08/04/16
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. Texas Instruments (TXN) upgraded to Neutral from Underperform at Exane BNP Paribas. 2. Spirit Airlines (SAVE) upgraded to Strong Buy from Outperform at Raymond James with analyst Savanthi Syth saying the recent weakness in the shares brings a "very attractive entry point." 3. Archer Daniels (ADM) upgraded to Buy from Hold at Argus with analyst David Coleman citing valuation and management's optimistic outlook for the second half of 2016. 4. Celgene (CELG) upgraded to Buy from Neutral at BTIG. Analyst Dane Leone believes the company's 2020 financial targets are achievable and represent upside to current consensus estimates. 5. Apollo Global (APO) upgraded to Outperform from Perform at Oppenheimer and to Outperform from Market Perform at Keefe Bruyette. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/16
OPCO
08/08/16
NO CHANGE
Target $32
OPCO
Outperform
Oppenheimer sees Rackspace deal in the low-to-mid $30s
Oppenheimer analyst Timothy Horan raised his price target for Rackspace (RAX) to $32 from $30 after The Wall Street Journal reported that the company was in advanced talks to sell itself to Apollo Global (APO) for $3.5B, or $27 per share. The analyst believes this is low and that a deal in the $32 area is more likely. Oppenheimer has an Outperform rating on Rackspace's shares.
08/31/16
08/31/16
NO CHANGE

Apollo Global affiliates extend tender offer for Outerwall
Affiliates of certain funds managed by affiliates of Apollo Global (APO) and Outerwall (OUTR) agreed to extend the offering period of Apollo's previously announced cash tender offer to purchase all of the outstanding shares of common stock of Outerwall to 12:00 Midnight, NYC time, on September 22, unless further extended. As of 5:00 P.M., NYC time, on August 31, 4,834,209 shares of common stock of Outerwall were tendered pursuant to the tender offer, which represented approximately 28.1% of the outstanding shares of common stock of Outerwall.

TODAY'S FREE FLY STORIES

MRVL

Marvell

, CAR

Avis Budget

$38.08

0.16 (0.42%)

07:30
09/22/17
09/22
07:30
09/22/17
07:30
Options
Unusual put flow in option market yesterday »

Notable put activity was…

MRVL

Marvell

CAR

Avis Budget

$38.08

0.16 (0.42%)

GIS

General Mills

$51.69

-0.48 (-0.92%)

FINL

Finish Line

$9.22

-0.21 (-2.23%)

HOG

Harley-Davidson

$47.96

-0.39 (-0.81%)

JBLU

JetBlue

$18.90

-0.35 (-1.82%)

MXWL

Maxwell

$4.97

-0.155 (-3.03%)

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

  • 22

    Sep

  • 02

    Oct

  • 05

    Oct

  • 17

    Oct

  • 08

    Nov

TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

, S

Sprint

07:29
09/22/17
09/22
07:29
09/22/17
07:29
Periodicals
T-Mobile, Sprint close to agreeing on deal terms, Reuters reports »

T-Mobile (TMUS) and…

TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

S

Sprint

DTEGY

Deutsche Telekom

$18.36

-0.39 (-2.08%)

SFTBF

SoftBank

$81.50

-1.14 (-1.38%)

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

    Oct

  • 16

    May

EADSY

Airbus

$23.07

0.78 (3.50%)

, BA

Boeing

$256.04

0.58 (0.23%)

07:29
09/22/17
09/22
07:29
09/22/17
07:29
Periodicals
Turkish Airlines mulls Airbus order following Boeing deal, Reuters reports »

Turkish Airlines has…

EADSY

Airbus

$23.07

0.78 (3.50%)

BA

Boeing

$256.04

0.58 (0.23%)

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

  • 23

    Sep

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

, VSAR

Versartis

$21.60

-0.25 (-1.14%)

07:28
09/22/17
09/22
07:28
09/22/17
07:28
Recommendations
Ascendis Pharma, Versartis analyst commentary  »

Ascendis Pharma price…

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

VSAR

Versartis

$21.60

-0.25 (-1.14%)

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

SPX

S&P 500

07:28
09/22/17
09/22
07:28
09/22/17
07:28
Hot Stocks
Trump says greatest influence over election was 'Fake News Media' »

President Donald Trump…

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

TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

, S

Sprint

07:27
09/22/17
09/22
07:27
09/22/17
07:27
Periodicals
Breaking Periodicals news story on T-Mobile, Sprint, Deutsche Telekom, SoftBank »

T-Mobile, Sprint close to…

TMUS

T-Mobile

$63.39

-0.13 (-0.20%)

S

Sprint

DTEGY

Deutsche Telekom

$18.36

-0.39 (-2.08%)

SFTBF

SoftBank

$81.50

-1.14 (-1.38%)

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

    Oct

  • 16

    May

FB

Facebook

$171.11

-1.06 (-0.62%)

07:26
09/22/17
09/22
07:26
09/22/17
07:26
Hot Stocks
Trump says Russia 'hoax' now onto Facebook ads »

President Donald Trump…

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

  • 03

    Oct

  • 22

    Oct

07:25
09/22/17
09/22
07:25
09/22/17
07:25
General news
FX Update: »

FX Update: USD-JPY dove…

JNJ

Johnson & Johnson

$131.75

-1.47 (-1.10%)

07:24
09/22/17
09/22
07:24
09/22/17
07:24
Conference/Events
FDA PDUFA Date for Janssen Biotech, a Johnson & Johnson company, Sirukumab »

Janssen Biotech, a…

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

  • 22

    Sep

  • 26

    Sep

  • 27

    Sep

  • 17

    Oct

KBH

KB Home

$20.78

0.07 (0.34%)

07:24
09/22/17
09/22
07:24
09/22/17
07:24
Recommendations
KB Home analyst commentary  »

KB Home forward estimates…

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

    Sep

CUB

Cubic

$46.80

0.6 (1.30%)

07:23
09/22/17
09/22
07:23
09/22/17
07:23
Upgrade
Cubic rating change  »

Cubic upgraded to Strong…

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

MRK

Merck

$65.60

-0.19 (-0.29%)

07:21
09/22/17
09/22
07:21
09/22/17
07:21
Conference/Events
FDA PDUFA Date for Merck's sBLA for KEYTRUDA is September 22, 2017 »

Merck's anti-PD-1…

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

  • 22

    Sep

  • 26

    Sep

  • 08

    Nov

  • 30

    Nov

GOOG

Alphabet

$932.45

0.87 (0.09%)

, GOOGL

Alphabet Class A

$947.55

0.01 (0.00%)

07:21
09/22/17
09/22
07:21
09/22/17
07:21
Periodicals
Google, partners to issue refunds to advertisers over fake traffic, WSJ reports »

Google is planning to…

GOOG

Alphabet

$932.45

0.87 (0.09%)

GOOGL

Alphabet Class A

$947.55

0.01 (0.00%)

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

  • 03

    Oct

  • 22

    Oct

  • 29

    Nov

JNJ

Johnson & Johnson

$131.75

-1.47 (-1.10%)

07:21
09/22/17
09/22
07:21
09/22/17
07:21
Recommendations
Johnson & Johnson analyst commentary  »

Johnson & Johnson…

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

  • 22

    Sep

  • 26

    Sep

  • 27

    Sep

  • 17

    Oct

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

, VSAR

Versartis

$21.60

-0.25 (-1.14%)

07:18
09/22/17
09/22
07:18
09/22/17
07:18
Recommendations
Ascendis Pharma, Versartis analyst commentary  »

Ascendis Pharma price…

ASND

Ascendis Pharma

$27.74

-1.55 (-5.29%)

VSAR

Versartis

$21.60

-0.25 (-1.14%)

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

MA

MasterCard

$141.72

-0.52 (-0.37%)

07:17
09/22/17
09/22
07:17
09/22/17
07:17
Recommendations
MasterCard analyst commentary  »

MasterCard price target…

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

  • 22

    Oct

BP

BP

$37.70

0.47 (1.26%)

, SLB

Schlumberger

$68.09

0.47 (0.70%)

07:17
09/22/17
09/22
07:17
09/22/17
07:17
Conference/Events
Federal Reserve Banks of Dallas and Kansas City hold a conference »

2017 Energy Conference:…

BP

BP

$37.70

0.47 (1.26%)

SLB

Schlumberger

$68.09

0.47 (0.70%)

GS

Goldman Sachs

$231.29

1.5 (0.65%)

PAA

Plains All American

$21.72

-0.33 (-1.50%)

CLR

Continental Resources

$37.66

-0.15 (-0.40%)

CHK

Chesapeake

$4.17

-0.02 (-0.48%)

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

  • 22

    Sep

  • 25

    Sep

  • 26

    Sep

  • 27

    Sep

  • 02

    Oct

  • 02

    Oct

  • 03

    Oct

  • 17

    Oct

  • 20

    Oct

  • 22

    Oct

  • 08

    Nov

GOOG

Alphabet

$932.45

0.87 (0.09%)

, GOOGL

Alphabet Class A

$947.55

0.01 (0.00%)

07:14
09/22/17
09/22
07:14
09/22/17
07:14
Periodicals
Google had planned a multimillion Garden Bridge donation, FT says »

Google (GOOG, GOOGL) was…

GOOG

Alphabet

$932.45

0.87 (0.09%)

GOOGL

Alphabet Class A

$947.55

0.01 (0.00%)

AAPL

Apple

$153.39

-2.68 (-1.72%)

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

  • 03

    Oct

  • 22

    Oct

  • 29

    Nov

VCRA

Vocera

$29.59

0.42 (1.44%)

07:12
09/22/17
09/22
07:12
09/22/17
07:12
Recommendations
Vocera analyst commentary  »

Vocera checks show…

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

  • 25

    Sep

XPER

Xperi

$24.75

-0.05 (-0.20%)

07:11
09/22/17
09/22
07:11
09/22/17
07:11
Conference/Events
Xperi management to meet with Craig Hallum »

Meeting to be held in…

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

  • 26

    Sep

WMC

Western Asset Mortgage

$10.66

0.11 (1.04%)

07:10
09/22/17
09/22
07:10
09/22/17
07:10
Conference/Events
Western Asset Mortgage management to meet with JMP Securities »

Meeting to be held in…

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

  • 26

    Sep

VERI

Veritone

$53.70

7.57 (16.41%)

07:09
09/22/17
09/22
07:09
09/22/17
07:09
Conference/Events
Veritone management to meet with Roth Capital »

Meetings to be held in…

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

  • 26

    Sep

  • 27

    Sep

  • 16

    Nov

EFX

Equifax

$98.25

2.25 (2.34%)

07:09
09/22/17
09/22
07:09
09/22/17
07:09
Upgrade
Equifax rating change  »

Equifax upgraded to…

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

  • 22

    Oct

FINL

Finish Line

$9.22

-0.21 (-2.23%)

, SPLS

Staples

07:08
09/22/17
09/22
07:08
09/22/17
07:08
Hot Stocks
Finish Line names Staples CTO Faisal Masud to board »

The Finish Line (FINL)…

FINL

Finish Line

$9.22

-0.21 (-2.23%)

SPLS

Staples

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

  • 22

    Sep

  • 29

    Nov

SMHI

SLM Holdings

$12.32

-0.2 (-1.60%)

07:08
09/22/17
09/22
07:08
09/22/17
07:08
Conference/Events
SLM Holdings management to meet with Evercore ISI »

Meeting to be held in New…

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

  • 26

    Sep

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.