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AAPL

Apple

$139.99

-0.7 (-0.50%)

12:22
03/20/17
03/20
12:22
03/20/17
12:22

Apple to close online store Tuesday morning, AppleInsider says

Apple's online store will be closed for "maintenance" on Tuesday from 3:00 am to 8:30 am, reports AppleInsider, citing an online notice from the company. The publication notes that the store closure is "potentially in anticipation of a new 128-gigabyte iPhone SE and more." AppleInsider adds that "perhaps not coincidentally, 8:30 am Eastern is usually when Apple issues press releases for announcements, including new products. The company also usually takes down its online store for a few hours when product updates are set to launch." Reference Link

AAPL Apple
$139.99

-0.7 (-0.50%)

03/20/17
ARGS
03/20/17
NO CHANGE
ARGS
Apple has positive read through from Jabil results, says Argus
Argus analyst Jim Kelleher believes that Jabil (JBL) reported "solid" results which bode well for Apple (AAPL). However, the analyst says that Jabil has been disappointing after triggering elevated expectations in the past, and he keeps a Hold rating on that stock.
03/20/17
COWN
03/20/17
NO CHANGE
Target $155
COWN
Outperform
Apple price target raised to $155 from $135 at Cowen
Cowen analyst Timothy Arcuri raised his price target on Apple to $155 from $135 as he believes Street estimates remain way too low. He sees an aging iPhone base, especially in China, that should lead to a powerful launch of the iPhone 8. In addition to Street estimates having to come up, Arcuri also sees the potential for additional multiple expansion. Arcuri reiterated his Outperform rating on Apple shares.
03/20/17
RBCM
03/20/17
NO CHANGE
RBCM
iPhone 8 could match or surpass iPhone 6, says RBC Capital
RBC Capital analyst Amit Daryanani believes that the unit sales and growth of iPhone 8, due out in September, "could match or even surpass" the performance of the iPhone 6. The analyst expects the iPhone 8 to feature wireless charging and an improved processor., as well as "a complete redesign." He believes that the redesign can cause Apple's share gains to accelerate, enabling the growth of its services business to increase. Daryanani keeps a $155 price target and an Outperform rating on the shares.
03/20/17
PIPR
03/20/17
NO CHANGE
Target $155
PIPR
Overweight
Piper analysis yields $163 current fair value for Apple shares
Piper Jaffray analyst Michael Olson expects Apple's services revenue to rise from an 11% contribution in FY16 to 17% in FY20. As services approaches 20% of revenue, with a larger contribution to profitability due to higher margin relative to the core business, many investors will shift to a sum-of-the-parts valuation on Apple, Olson tells investors in a research note. His sum-of-the-parts analysis looking out two years values Apple at $195 per share. Discounting that back two years, the analyst comes up with a current fair value of $163 per share. Apple closed Friday down 78c to $139.91. Olson remains a buyer of Apple citing the "growing anticipation" around the iPhone 8 and a "strong trajectory" for services revenue. He maintains an Overweight rating on the shares with a $155 price target.

TODAY'S FREE FLY STORIES

CCN

CardConnect

$13.65

-0.25 (-1.80%)

, FDC

First Data

$16.64

-0.03 (-0.18%)

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CCN

CardConnect

$13.65

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FDC

First Data

$16.64

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AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

PPG

PPG

$107.24

0.33 (0.31%)

GM

General Motors

$33.07

0.47 (1.44%)

DIS

Disney

$108.41

1.14 (1.06%)

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Viacom

VIAB

Viacom

$35.13

0.21 (0.60%)

F

Ford

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0.07 (0.64%)

IP

International Paper

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CROX

Crocs

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0.12 (1.85%)

YHOO

Yahoo

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FL

Foot Locker

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AMGP

Antero Midstream GP

$21.97

-0.09 (-0.41%)

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Antero Midstream

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APLP

Archrock Partners LP

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Antero Midstream

$21.97

-0.09 (-0.41%)

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OXY

Occidental Petroleum

$61.00

0.29 (0.48%)

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FRO

Frontline

$5.63

-0.39 (-6.48%)

, AMWD

American Woodmark

$88.90

1.3 (1.48%)

20:25
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20:25
Earnings
Notable companies reporting before Tuesday's open »

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FRO

Frontline

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AMWD

American Woodmark

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1.3 (1.48%)

SFL

Ship Finance

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WDC

Western Digital

$90.01

0.74 (0.83%)

, TOSBF

Toshiba, also use TOSYY

$2.30

0.0023 (0.10%)

20:04
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Periodicals
INCJ considers joint bid with Western Digital for Toshiba chips, Nikkei says »

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WDC

Western Digital

$90.01

0.74 (0.83%)

TOSBF

Toshiba, also use TOSYY

$2.30

0.0023 (0.10%)

TOSYY

Toshiba, also use TOSBF

$13.80

-0.1 (-0.72%)

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GOOG

Alphabet

$971.47

1.93 (0.20%)

, GOOGL

Alphabet Class A

$993.27

1.41 (0.14%)

20:01
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Google, Sharp partner on VR displays, Nikkei says »

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GOOG

Alphabet

$971.47

1.93 (0.20%)

GOOGL

Alphabet Class A

$993.27

1.41 (0.14%)

HNHPF

Hon Hai Precision

SHCAY

Sharp

$3.80

0.1 (2.70%)

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MU

Micron

$29.76

0.33 (1.12%)

19:58
05/29/17
05/29
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Micron to invest $2B in Japan memory chip facility, Nikkei says »

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LNEGY

Linde

$19.28

-0.09 (-0.46%)

19:56
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Linde to receive 'major' order from Russian company, Reuters says »

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FDC

First Data

$16.64

-0.03 (-0.18%)

, CCN

CardConnect

$13.65

-0.25 (-1.80%)

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First Data to acquire CardConnect for $15.00 per share »

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$16.64

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CCN

CardConnect

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SSNLF

Samsung

$2,000.00

200 (11.11%)

, LYV

Live Nation

$34.25

0.05 (0.15%)

19:33
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Samsung announces 'VR Live Pass,' new virtual reality partnerships »

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Samsung

$2,000.00

200 (11.11%)

LYV

Live Nation

$34.25

0.05 (0.15%)

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FISV

Fiserv

$124.09

-0.43 (-0.35%)

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Fiserv says selected by Bank of Sydney »

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NTDOY

Nintendo

$37.55

1.6 (4.45%)

19:29
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Nintendo orders production ramp for 'Switch' console, FT reports »

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TSLA

Tesla

$325.14

8.31 (2.62%)

, CSIQ

Canadian Solar

$13.24

-0.48 (-3.50%)

19:16
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19:16
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WTO says U.S. launches investigation into solar cell imports »

The World Trade…

TSLA

Tesla

$325.14

8.31 (2.62%)

CSIQ

Canadian Solar

$13.24

-0.48 (-3.50%)

FSLR

First Solar

$36.84

-1.1 (-2.90%)

JASO

JA Solar

$6.91

-0.28 (-3.89%)

SPWR

SunPower

$7.95

-0.28 (-3.40%)

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LRLCY

L'Oreal

$42.24

-0.165 (-0.39%)

18:47
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Renhe Pharmacy mulls joining auction for The Body Shop, Sky News says »

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AAPL

Apple

$153.61

-0.26 (-0.17%)

, QCOM

Qualcomm

$57.52

-0.93 (-1.59%)

18:43
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Apple hires former Qualcomm VP to head SoC efforts, AppleInsider says »

Apple (AAPL) has hired…

AAPL

Apple

$153.61

-0.26 (-0.17%)

QCOM

Qualcomm

$57.52

-0.93 (-1.59%)

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GS

Goldman Sachs

$223.53

1.06 (0.48%)

18:40
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Goldman Sachs bought $2.8B in Venezuelan bonds, WSJ says »

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ICAGY

IAG

$15.65

-0.305 (-1.91%)

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British Airways suffers 'major' IT failure »

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CNI

Canadian National

$77.01

-0.47 (-0.61%)

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Canadian National reaches tentative labor with train conductors, yard employees »

CN announced it has…

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PPG

PPG

$107.24

0.33 (0.31%)

, AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

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PPG says remains willing to engage with AkzoNobel »

PPG (PPG) issued the…

PPG

PPG

$107.24

0.33 (0.31%)

AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

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PPG

PPG

$107.24

0.33 (0.31%)

, AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

16:27
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Court rejects Elliott challenge against AkzoNobel, Bloomberg says »

The Dutch Commercial…

PPG

PPG

$107.24

0.33 (0.31%)

AKZOY

AkzoNobel

$28.37

-0.11 (-0.39%)

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DIS

Disney

$108.41

1.14 (1.06%)

, VIA

Viacom

16:21
05/29/17
05/29
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Box Office Battle: 'Pirates' wins holiday weekend as 'Baywatch' stumbles »

Disney's (DIS)…

DIS

Disney

$108.41

1.14 (1.06%)

VIA

Viacom

VIAB

Viacom

$35.13

0.21 (0.60%)

FOX

21st Century Fox

$26.95

-0.28 (-1.03%)

FOXA

21st Century Fox

$27.03

-0.3 (-1.10%)

TWX

Time Warner

$99.07

0.1025 (0.10%)

CMCSA

Comcast

$40.91

0.57 (1.41%)

CMCSK

Comcast

LGF.A

Lionsgate

$27.76

2.21 (8.65%)

LGF.B

Lionsgate

$25.56

2.11 (9.00%)

SNE

Sony

$36.68

0.51 (1.41%)

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DGAS

Delta Natural Gas

15:56
05/29/17
05/29
15:56
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15:56
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Delta Natural Gas to host special shareholder meeting »

Special Shareholder…

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