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AMZN

Amazon.com

$780.37

0.25 (0.03%)

, NKE

Nike

$50.92

-0.605 (-1.17%)

13:13
11/28/16
11/28
13:13
11/28/16
13:13

Amazon plans significant effort to fight counterfeits, Bloomberg says

Despite staying largely silent on the issue, Amazon (AMZN) knows counterfeit products are a growing problem for the site and it has now made fighting fakes a "major goal" for 2017, reports Bloomberg, citing a source. The company is building teams in the U.S. and Europe to collaborate with major brands in developing a registry to combat fakes, the source told Bloomberg. Amazon started registry experiments earlier this year with Nike (NKE) and others, but the renewed push in 2017 will target "thousands" of large companies, including firms that have expressed reluctance to sell with Amazon due to fakes, the source told Bloomberg. The source noted that talks with the MLB and NFL about selling merchandise on Amazon stalled earlier in 2016 over concerns about its lax controls. In a statement to the publication, Amazon said it is "aggressively pursuing bad actors," while the MLB commented that "given the rampant growth of online-only retailers supplying counterfeit merchandise, our policies must hold every distribution partner to that same level of commitment." Reference Link

AMZN

Amazon.com

$780.37

0.25 (0.03%)

NKE

Nike

$50.92

-0.605 (-1.17%)

  • 28

    Nov

AMZN Amazon.com
$780.37

0.25 (0.03%)

11/28/16
PIPR
11/28/16
NO CHANGE
Target $900
PIPR
Overweight
eCommerce keeps taking share from offline retailers, says Piper Jaffray
Adobe released Thanksgiving and Black Friday eCommerce data over the weekend, which indicates overall eCommerce volume up 17.7% and that eCommerce continues to take significant share from offline retailers, Piper Jaffray analyst Gene Munster tells investors in a research note. He believes the "health" of the eCommerce market is an incremental positive in the Amazon.com story. With the best eCommerce experience available, Amazon's dominance should continue into the holiday season, Munster contends. He reiterates an Overweight rating on the shares with a $900 price target.
11/28/16
OPCO
11/28/16
NO CHANGE
OPCO
Initial eCommerce data points show stable trends, says Oppenheimer
Oppenheimer analyst Jason Helfstein says initial eCommerce data points show stable trends ahead of Cyber-Monday, after Adobe (ADBE) and ComScore (SCOR) released online retail sales data for Thanksgiving and Black Friday. The analyst notes that Adobe recorded $5.3B in online spending during the two-day period, over 18% year over year, same as last year, but points out that the company does not measure Amazon (AMZN) sales, as data reflects sales from "Adobe Marketing Cloud" clients. On the other hand, Helfstein says comScore data showed "significant" acceleration, with spending over 18% year over year to $3.3B during the two-day period.
11/28/16
SBSH
11/28/16
NO CHANGE
Target $960
SBSH
Buy
Citi trims Amazon price target on lower AWS estimates
To reflect the reduced storage prices announced last week by Amazon Web Services, Citi analyst Mark May cut his AWS revenue and consolidated segment operating income for 2017 by 3% and 9%, respectively. The analyst, however, does not view the price reductions as an indication of competitive pressures or a threat to long-term margin outlook for AWS. May lowered his price target for Amazon.com shares to $960 from $965 and keeps a Buy rating on name. His new price target reflects 23% upside from current levels.
11/28/16
CLVD
11/28/16
NO CHANGE
CLVD
Amazon expanding lab distribution capabilities, says Cleveland Research
Cleveland Research said Amazon.com (AMZN) has been expanding its capabilities towards larger customers and can now offer purchase orders adn volume based specific pricing, causing larger customers to reevaluate Amazon as a possible distributor for both Lab and non-Lab purchases. The firm believes Stanford University has recently decided not to renew its Thermo Labs (TMO) primary lab distribution contract and the scool will start using both Amazon and Thermo for its lab product needs.
NKE Nike
$50.92

-0.605 (-1.17%)

10/31/16
10/31/16
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. Nike (NKE) downgraded to Underperform from Neutral at BofA/Merrill with analyst Robert Ohmes citing share loss and lack of innovation. 2. AbbVie (ABBV) downgraded to Neutral from Outperform at Credit Suisse with analyst Vamil Divan saying he is increasingly concerned about Humira's longevity given the more challenging payer environment and increasing calls for further pricing transparency. 3. Home Depot (HD) and Lowe's (LOW) downgraded to Neutral from Overweight at Piper Jaffray. 4. Exxon Mobil (XOM) downgraded to Neutral from Conviction Buy at Goldman with analyst Neil Mehta citing a lack of catalysts to drive the stock higher. 5. AutoNation (AN) downgraded to Neutral from Buy at BofA/Merrill with analyst John Murphy saying the company's business transformation announcement appears to be risky and will result in excessive costs, management distraction, and diverts capital from share repurchases and acquisitions. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/01/16
WEDB
11/01/16
INITIATION
Target $53
WEDB
Neutral
Nike initiated with a Neutral at Wedbush
Target $53.
11/02/16
WEDB
11/02/16
INITIATION
Target $53
WEDB
Neutral
Nike initiated with a Neutral at Wedbush
Wedbush analyst Christopher Svezia initiated Nike with a Neutral and a $53 price target.
11/02/16
11/02/16
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Alcoa (AA) initiated with a Neutral at Goldman and an Underperform at BofA/Merrill. 2. Everspin Technologies (MRAM) initiated with a Buy at Craig-Hallum, a Buy at Stifel, a Buy at Canaccord, and a Strong Buy at Needham. 3. Amazon.com (AMZN), Dick's Sporting (DKS), Foot Locker (FL), Finish Line (FINL), and Columbia Sportswear (COLM) were initiated with an Outperform at Wedbush while the firm initiated Nike (NKE) and DSW (DSW) with a Neutral. 4. FedEx (FDX) initiated with a Buy at Deutsche Bank while the firm initiated UPS (UPS) with a Hold. 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

TOL

Toll Brothers

$30.09

0.77 (2.63%)

13:38
12/05/16
12/05
13:38
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13:38
Technical Analysis
Toll Brothers technical comments before earnings, potential bullish pattern »

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  • 06

    Dec

13:35
12/05/16
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13:35
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13:35
General news
NY Fed's overnight reverse repo totaled $168.4 B, with 51 counterparties »

NY Fed's overnight…

FTI

FMC Technologies

$36.35

0.75 (2.11%)

, TKPPY

Technip

$17.80

0.45 (2.59%)

13:31
12/05/16
12/05
13:31
12/05/16
13:31
Hot Stocks
FMC Technologies, Technip shareholders approve business combination »

FMC Technologies (FTI)…

FTI

FMC Technologies

$36.35

0.75 (2.11%)

TKPPY

Technip

$17.80

0.45 (2.59%)

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  • 05

    Dec

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    Dec

NVS

Novartis

$69.06

0.89 (1.31%)

13:26
12/05/16
12/05
13:26
12/05/16
13:26
Hot Stocks
Novartis' MPN survey results 'help quantify' daily difficulty of MPN »

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  • 06

    Dec

AXP

American Express

$72.24

0.38 (0.53%)

13:25
12/05/16
12/05
13:25
12/05/16
13:25
Hot Stocks
Barclays turns focus on American Express toward enterprise strength »

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  • 06

    Dec

CBS

CBS

$61.26

1.075 (1.79%)

, T

AT&T

$38.81

0.2 (0.52%)

13:22
12/05/16
12/05
13:22
12/05/16
13:22
Hot Stocks
CBS CEO: AT&T will not get Showtime for $5 a month »

CBS (CBS) CEO Moonves…

CBS

CBS

$61.26

1.075 (1.79%)

T

AT&T

$38.81

0.2 (0.52%)

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  • 05

    Dec

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    Dec

  • 07

    Dec

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    Dec

  • 12

    Dec

FRBK

Republic First Bancorp

$5.35

-0.05 (-0.93%)

13:22
12/05/16
12/05
13:22
12/05/16
13:22
Hot Stocks
Republic First Bancorp elects Vernon Hill as chairman »

Republic First Bancorp,…

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CBS

CBS

$61.25

1.07 (1.78%)

, T

AT&T

$38.79

0.18 (0.47%)

13:20
12/05/16
12/05
13:20
12/05/16
13:20
Hot Stocks
CBS CEO says will make deal with DirecTV online »

CBS (CBS) CEO Leslie…

CBS

CBS

$61.25

1.07 (1.78%)

T

AT&T

$38.79

0.18 (0.47%)

GOOG

Alphabet

$750.50

2.58 (0.34%)

GOOGL

Alphabet Class A

$764.46

0.13 (0.02%)

03/08/13
Wedge Partners
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  • 05

    Dec

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    Dec

  • 07

    Dec

  • 07

    Dec

  • 12

    Dec

  • 15

    Jan

YUM

Yum! Brands

$63.07

0.65 (1.04%)

13:20
12/05/16
12/05
13:20
12/05/16
13:20
Options
3X average daily option volume in Yum Brands as players gobble up Jan 65 calls »

3X average daily option…

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  • 05

    Dec

CBS

CBS

$61.24

1.055 (1.75%)

, T

AT&T

$38.80

0.185 (0.48%)

13:19
12/05/16
12/05
13:19
12/05/16
13:19
Hot Stocks
CBS CEO says in discussions over DirecTV NOW »

Says industry needs total…

CBS

CBS

$61.24

1.055 (1.75%)

T

AT&T

$38.80

0.185 (0.48%)

03/08/13
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03/08/13
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03/06/13
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  • 05

    Dec

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    Dec

  • 07

    Dec

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    Dec

  • 12

    Dec

$NYE

NYSE Market Internals

13:16
12/05/16
12/05
13:16
12/05/16
13:16
Technical Analysis
NYSE market internals summary »

Breadth is bullish across…

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$NSD

NASDAQ Market Internals

13:16
12/05/16
12/05
13:16
12/05/16
13:16
Technical Analysis
NASDAQ market internals summary »

Volume is extremely heavy…

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ALNY

Alnylam

$41.57

-0.01 (-0.02%)

, SNY

Sanofi

$40.79

0.77 (1.92%)

13:15
12/05/16
12/05
13:15
12/05/16
13:15
Hot Stocks
Alnylam 'pleased' with updated ALN-CC5 Phase 1/2 trial results »

Alnylam Pharmaceuticals…

ALNY

Alnylam

$41.57

-0.01 (-0.02%)

SNY

Sanofi

$40.79

0.77 (1.92%)

03/08/13
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03/06/13
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  • 29

    Mar

DPZ

Domino's Pizza

$168.06

0.06 (0.04%)

13:14
12/05/16
12/05
13:14
12/05/16
13:14
Hot Stocks
Domino's locations throughout Phoenix to hire 300 new team members »

Domino's announced…

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  • 05

    Dec

  • 09

    Jan

CYNO

Cynosure

$44.35

-0.7 (-1.55%)

13:11
12/05/16
12/05
13:11
12/05/16
13:11
Conference/Events
Cynosure management to meet with Maxim »

Group luncheon to be held…

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  • 06

    Dec

GBT

Global Blood Therapeutics

$19.10

-0.1 (-0.52%)

13:11
12/05/16
12/05
13:11
12/05/16
13:11
Hot Stocks
Global Blood Therapeutics announces details on PRO tool in phase 3 HOPE study »

Global Blood Therapeutics…

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  • 05

    Dec

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    Dec

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    Dec

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    Dec

CBS

CBS

$61.09

0.905 (1.50%)

, NFLX

Netflix

$120.81

3.59 (3.06%)

13:11
12/05/16
12/05
13:11
12/05/16
13:11
Hot Stocks
CBS' Moonves: 2017 will be 'very strong year' for company »

CBS (CBS) CEO Moonves…

CBS

CBS

$61.09

0.905 (1.50%)

NFLX

Netflix

$120.81

3.59 (3.06%)

03/08/13
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  • 05

    Dec

  • 05

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  • 12

    Dec

CSIQ

Canadian Solar

$11.07

-0.21 (-1.86%)

13:10
12/05/16
12/05
13:10
12/05/16
13:10
Options
Calls active in Canadian Solar as shares see relative strength »

Calls active in Canadian…

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  • 05

    Dec

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    Dec

COST

Costco

$152.09

0.35 (0.23%)

13:08
12/05/16
12/05
13:08
12/05/16
13:08
Periodicals
Ontario regulator investigating Costco allegations, STAT reports »

Ontario's Ministry…

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SGEN

Seattle Genetics

$66.70

-0.01 (-0.01%)

13:07
12/05/16
12/05
13:07
12/05/16
13:07
Hot Stocks
Seattle Gen.: Patients in ADCETRIS trial achieve significant durable remissions »

Seattle Genetics…

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  • 05

    Dec

SMCI

Super Micro Computer

$27.00

0.8 (3.05%)

13:07
12/05/16
12/05
13:07
12/05/16
13:07
Conference/Events
Super Micro Computer management to meet with Maxim »

Group dinner to be held…

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  • 06

    Dec

  • 08

    Feb

  • 09

    Feb

JUNO

Juno Therapeutics

$20.43

0.53 (2.66%)

13:04
12/05/16
12/05
13:04
12/05/16
13:04
Hot Stocks
Juno announces 'encouraging' preliminary JCAR017 clinical data for NHL patients »

Juno Therapeutics…

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  • 05

    Dec

BLCM

Bellicum Pharmaceuticals

$18.72

1.74 (10.25%)

13:04
12/05/16
12/05
13:04
12/05/16
13:04
Hot Stocks
Bellicum Pharmaceuticals announces GoCAR-T, GoTCR presentations at meeting »

Bellicum Pharmaceuticals…

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  • 05

    Dec

CBS

CBS

$61.03

0.85 (1.41%)

, VIA

Viacom

$40.35

-1 (-2.42%)

13:02
12/05/16
12/05
13:02
12/05/16
13:02
Hot Stocks
CBS CEO: Company 'very happy' as standalone group »

CBS (CBS) chairman and…

CBS

CBS

$61.03

0.85 (1.41%)

VIA

Viacom

$40.35

-1 (-2.42%)

VIAB

Viacom

$36.52

-0.74 (-1.99%)

03/08/13
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  • 05

    Dec

  • 05

    Dec

  • 12

    Dec

UAL

United Continental

$68.28

-0.99 (-1.43%)

13:02
12/05/16
12/05
13:02
12/05/16
13:02
Hot Stocks
United Continental technicians ratify joint collective bargaining agreement »

United Airlines announced…

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