Breaking News Instant updates and real-time market news.

WFC

Wells Fargo

$54.25

1.33 (2.51%)

14:35
12/01/16
12/01
14:35
12/01/16
14:35

Wells Fargo amends by-laws to separate chairman, CEO roles

Wells Fargo announced that its board has amended the company's by-laws to require the separation of the chairman and CEO roles and for the chairman and vice chairman to be independent directors. The board approved the amendments, which are effective immediately, on November 29. "The board previously acted to elect an independent chairman to lead the board and we believe formalizing this structure is the right decision at this time for the Company and its investors, customers, and team members. Efforts to restore the trust of our customers and team members are well underway and will continue until we have fully addressed the issues surrounding retail banking sales practices. While the investigation of these practices and related matters by the independent directors continues in earnest, we believe this action will enhance the board's independence and its oversight of the company's management, and we appreciate the feedback that we received from our investors on this matter," commented chairman Stephen Sanger.

  • 06

    Dec

  • 06

    Dec

  • 07

    Dec

WFC Wells Fargo
$54.25

1.33 (2.51%)

11/28/16
11/28/16
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. AbbVie (ABBV) downgraded to Neutral from Buy at Citi. 2. Citi (C), Wells Fargo (WFC), and Regions Financial (RF) were downgraded to Hold from Buy at Jefferies with analyst Ken Usdin citing valuation. 3. Hilton (HLT) and Marriott (MAR) were downgraded to Hold from Buy at Evercore ISI. 4. H&R Block (HRB) downgraded to Sell from Neutral at BTIG with analyst Mark Palmer noting that President-elect Trump has said he wants to put H&R Block out of business by simplifying the tax code. 5. Tupperware Brands (TUP) downgraded to Sell from Neutral at B. Riley with analyst Linda Bolton Weiser saying the stock has not moved lower to reflect post-election currency devaluations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/30/16
11/30/16
UPGRADE

Buy
Deutsche ups Goldman Sachs to Buy, says stronger economy not yet priced in
As previously reported, Deutsche Bank analyst Matt O'Connor upgraded Goldman Sachs (GS) to Buy from Hold, offering the opinion that leverage to higher rates is mostly reflected in bank stock prices following their post-election advance so far, but that higher loan growth and fee volumes from a stronger economy may not be. After having updated his earnings models to more closely reflect a combination of stronger economic growth, higher interest rates and lower regulations and tax rates, O'Conner said Goldman is now one of his top, listing Huntington Bancshares (HBAN) and Wells Fargo (WFC) as his top large regional bank choices.
12/01/16
SUSQ
12/01/16
DOWNGRADE
SUSQ
Neutral
Wells Fargo downgraded to Neutral from Positive at Susquehanna
12/01/16
SUSQ
12/01/16
DOWNGRADE
Target $56
SUSQ
Neutral
Wells Fargo downgraded to Neutral due to valuation at Susquehanna
As previously reported, Susquehanna downgraded Wells Fargo to Neutral from Positive and raised its price target to $56 from $53. Analyst Jack Micenko changed his view due to valuation and said most of the optimism around economic growth, higher rates, reduced regulation, and lower taxes is reflected in shares.

TODAY'S FREE FLY STORIES

SPX

S&P 500

, VIX

Volatility Index S&P 500 Options

09:18
09/25/17
09/25
09:18
09/25/17
09:18
Options
Overnight activity included 98 trades in SPX and 33 trades in VIX »

98 trades were executed…

SPX

S&P 500

VIX

Volatility Index S&P 500 Options

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

NTNX

Nutanix

$24.50

1.04 (4.43%)

09:17
09/25/17
09/25
09:17
09/25/17
09:17
Recommendations
Nutanix analyst commentary  »

Nutanix 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

AMZN

Amazon.com

$955.10

-9.55 (-0.99%)

09:16
09/25/17
09/25
09:16
09/25/17
09:16
Hot Stocks
Amazon signs first-look production deal with Casey Affleck's Sea Change Media »

Amazon Studios has closed…

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

09:15
09/25/17
09/25
09:15
09/25/17
09:15
General news
The Hurricane Lift for U.S. Producer Sentiment Has Begun: »

The Hurricane Lift for…

TUWOY

Tullow Oil

$1.19

0.08 (7.21%)

09:14
09/25/17
09/25
09:14
09/25/17
09:14
Upgrade
Tullow Oil rating change  »

Tullow Oil 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

AAPL

Apple

$151.89

-1.5 (-0.98%)

, S

Sprint

09:14
09/25/17
09/25
09:14
09/25/17
09:14
Recommendations
Apple, Sprint, STMicroelectronics analyst commentary  »

Initial Apple iPhone 8…

AAPL

Apple

$151.89

-1.5 (-0.98%)

S

Sprint

STM

STMicroelectronics

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

  • 22

    Oct

  • 16

    May

FINL

Finish Line

$9.73

0.51 (5.53%)

09:14
09/25/17
09/25
09:14
09/25/17
09:14
Recommendations
Finish Line analyst commentary  »

Finish Line takeout…

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

CCL

Carnival

$64.33

-0.12 (-0.19%)

09:13
09/25/17
09/25
09:13
09/25/17
09:13
Recommendations
Carnival analyst commentary  »

Carnival estimates raised…

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

  • 26

    Sep

YUM

Yum! Brands

09:13
09/25/17
09/25
09:13
09/25/17
09:13
Conference/Events
Yum! Brands management to meet with JPMorgan »

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

  • 27

    Sep

  • 28

    Sep

AMZN

Amazon.com

$955.10

-9.55 (-0.99%)

09:12
09/25/17
09/25
09:12
09/25/17
09:12
Hot Stocks
Amazon signs multi-year deal with Amy Sherman-Palladino, Daniel Palladino »

Amazon announced that…

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

MSM

MSC Industrial

09:11
09/25/17
09/25
09:11
09/25/17
09:11
Initiation
MSC Industrial initiated  »

MSC Industrial initiated…

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

  • 31

    Oct

LH

LabCorp

, DGX

Quest Diagnostics

09:10
09/25/17
09/25
09:10
09/25/17
09:10
Recommendations
LabCorp, Quest Diagnostics analyst commentary  »

LabCorp, Quest should be…

LH

LabCorp

DGX

Quest Diagnostics

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

  • 30

    Nov

BSFT

BroadSoft

$49.75

-0.25 (-0.50%)

09:10
09/25/17
09/25
09:10
09/25/17
09:10
Hot Stocks
P2 Capital Partners reports 7.3% stake in BroadSoft, may hold talks »

In a regulatory filing,…

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

CC

Chemours

$51.79

-0.16 (-0.31%)

09:09
09/25/17
09/25
09:09
09/25/17
09:09
Hot Stocks
Chemours CEO Vergnano elected to chair board of the National Safety Council »

The Chemours Company…

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

LLL

L3 Technologies

$189.28

-1.04 (-0.55%)

, ESYJY

easyJet

$65.04

-0.65 (-0.99%)

09:08
09/25/17
09/25
09:08
09/25/17
09:08
Hot Stocks
L3 Technologies selected by easyJet to provide flight training »

L3 Technologies (LLL)…

LLL

L3 Technologies

$189.28

-1.04 (-0.55%)

ESYJY

easyJet

$65.04

-0.65 (-0.99%)

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

FB

Facebook

$170.54

-0.57 (-0.33%)

09:08
09/25/17
09/25
09:08
09/25/17
09:08
Recommendations
Facebook analyst commentary  »

Facebook online…

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

CMCSA

Comcast

$38.10

0.63 (1.68%)

, CMCSK

Comcast

09:08
09/25/17
09/25
09:08
09/25/17
09:08
Hot Stocks
Comcast, LG partner for Xfinity TV subscription on LG TVs »

Comcast and LG…

CMCSA

Comcast

$38.10

0.63 (1.68%)

CMCSK

Comcast

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

  • 26

    Oct

SPA

Sparton

$23.35

0.11 (0.47%)

09:07
09/25/17
09/25
09:07
09/25/17
09:07
Hot Stocks
Sparton, Ultra receive requests for additional information from DOJ »

Ultra Electronics…

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

  • 05

    Oct

PKD

Parker Drilling

$1.20

0.05 (4.35%)

, LYB

LyondellBasell

$96.87

1.08 (1.13%)

09:07
09/25/17
09/25
09:07
09/25/17
09:07
Hot Stocks
Parker Drilling names Michael Sumruld as CFO, effective October 1 »

Parker Drilling (PKD)…

PKD

Parker Drilling

$1.20

0.05 (4.35%)

LYB

LyondellBasell

$96.87

1.08 (1.13%)

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

  • 02

    Oct

  • 16

    May

09:06
09/25/17
09/25
09:06
09/25/17
09:06
Conference/Events
Wells Fargo healthcare analysts hold an analyst/industry conference call »

Healthcare Analysts,…

ICPT

Intercept

$61.59

-12.11 (-16.43%)

09:06
09/25/17
09/25
09:06
09/25/17
09:06
Hot Stocks
Intercept says black box possible, not expecting restrictive label changes »

Intercept Pharmaceuticals…

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

JAGX

Jaguar Health

$0.41

0.0187 (4.79%)

09:06
09/25/17
09/25
09:06
09/25/17
09:06
Hot Stocks
Jaguar subsisidary Napo, Glenmark sign agreement regarding Mytesi rights »

Jaguar Health announced…

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

AVD

American Vanguard

$21.75

0.3 (1.40%)

09:05
09/25/17
09/25
09:05
09/25/17
09:05
Hot Stocks
American Vanguard subsidiary to acquire OHP »

American Vanguard…

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

STI

SunTrust

$57.22

0.21 (0.37%)

09:05
09/25/17
09/25
09:05
09/25/17
09:05
Hot Stocks
SunTrust announces sale of Premium Assignment Corporation »

SunTrust Banks announced…

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

  • 20

    Oct

09:05
09/25/17
09/25
09:05
09/25/17
09:05
General news
U.S. equities are moderately lower »

U.S. equities are…

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.