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CBS

CBS

$66.89

-0.065 (-0.10%)

, TWX

Time Warner

$98.28

-0.28 (-0.28%)

16:01
03/20/17
03/20
16:01
03/20/17
16:01

CBS: NCAA Tournament 2017 most-watched Tournament in 24 years

CBS Sports (CBS) and Turner Sports' (TWX) exclusive coverage of the 2017 NCAA Tournament is delivering significant audience increases across all platforms, according to a statement from CBS. To date, the Tournament is generating record viewership across TBS, CBS, TNT and truTV, streaming on NCAA March Madness Live and engagement through social media channels. Live game coverage across the four networks on Sunday, March 19 averaged 11.9M viewers, up 34% from last year, making it the most-watched first Sunday in 24 years. Overall, the 2017 NCAA Tournament is the most-watched in 24 years through the first Sunday, with an average of 9.325M viewers, which is up 10% from 2016. Additionally, NCAA March Madness Live has generated an all-time record 69.1M live streams through the first Sunday of the tournament, an increase of 24% over last year. NCAA Tournament games garnering the most live streams to date, include: Notre Dame vs. Princeton; Virginia vs. UNC-Wilmington; and Michigan vs. Oklahoma State.

CBS

CBS

$66.89

-0.065 (-0.10%)

TWX

Time Warner

$98.28

-0.28 (-0.28%)

  • 04

    May

CBS CBS
$66.89

-0.065 (-0.10%)

02/17/17
DBAB
02/17/17
NO CHANGE
Target $80
DBAB
Buy
CBS price target raised to $80 from $68 at Deutsche Bank
Deutsche Bank analyst Bryan Kraft raised his price target for CBS to $80 citing fundamentals and a lower tax rate following the company's Q4 results. CBS continues to be well positioned in the evolving media landscape, the analyst contends.
02/16/17
JPMS
02/16/17
NO CHANGE
Target $75
JPMS
Overweight
CBS price target raised to $75 from $69 at JPMorgan
JPMorgan analyst Alexia Quadrani raised her price target for CBS to $75 saying the company posted "another strong quarter." The analyst remains confident that CBS will deliver positive top- and bottom-line growth before returning to a "more robust growth profile" in 2018. She keeps an Overweight rating on the shares.
02/08/17
BARD
02/08/17
NO CHANGE
Target $960
BARD
Outperform
Baird sees Disney deal supporting Google's subscription growth
Baird analyst Colin Sebastian believes Alphabet's (GOOG, GOOGL) YouTube reported licensing agreement with Disney (DIS) represents a more aggressive push by the company into long-form/original video content. Recent reports suggest Disney has reached a licensing agreement with YouTube for its family of networks as part of a broader YouTube streaming offering to be announced later this year, Sebastian tells investors in a research note. With Disney possibly joining CBS (CBS), which Alphabet inked a deal with late last year, YouTube's live stream bundle could help accelerate the migration of offline ad-budgets toward digital platforms, the analyst contends. He believes such an acceleration would be a "key positive" and drive "material growth" in Google's subscription business. Sebastian has an Outperform rating on Alphabet with a $960 price target.
02/06/17
02/06/17
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. CBS (CBS) upgraded to Overweight from Neutral at Atlantic Equities. 2. Delta Air Lines (DAL) was upgraded to Outperform from Market Perform and American Airlines (AAL) was upgraded to Market Perform from Underperform at Bernstein. 3. FedEx (FDX) upgraded to Outperform from Market Perform at Raymond James with analyst Patrick Tyler Brown saying he expects FedEx to stay ahead of eCommerce growth by investing, but does not see dollars of capital rising, and actually expects capex/sales to fall in coming years as sales grow. 4. U.S. Steel (X) upgraded to Buy from Hold with a $39 price target with analyst David Coleman saying earnings estimates are rising following bullish 2017 guidance. 5. Cabot Oil & Gas (COG) upgraded to Overweight from Neutral at JPMorgan with analyst Michael Glick citing improved visibility after FERC's issuance of the certificate for Atlantic Sunrise on Friday. The analyst raised his price target for the shares to $27 from $26. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
TWX Time Warner
$98.28

-0.28 (-0.28%)

03/06/17
UBSW
03/06/17
DOWNGRADE
Target $108
UBSW
Neutral
Time Warner downgraded to Neutral from Buy at UBS
UBS analyst Doug Mitchelson downgraded Time Warner (TWX) to Neutral citing limited upside potential given the terms of the AT&T (T) offer. Time Warner shares now trade at a less than 10% spread to the AT&T offer value, the analyst notes. He keeps a $108 price target for the shares.
03/02/17
LOOP
03/02/17
DOWNGRADE
Target $107.5
LOOP
Hold
Time Warner downgraded to Hold from Buy at Loop Capital
Loop Capital analyst David Miller downgraded Time Warner (TWX) to Hold saying the AT&T (T) deal spread is "finally thinning." The analyst keeps a $107.50 price target for the shares.
02/01/17
MOFT
02/01/17
DOWNGRADE
MOFT
Neutral
Time Warner downgraded to Neutral from Buy at MoffettNathanson
01/30/17
OPCO
01/30/17
NO CHANGE
Target $82
OPCO
Outperform
Comcast price target raised to $82 from $74 at Oppenheimer
Oppenheimer analyst Timothy Horan raised his price target for Comcast (CMCSA) to $82 from $74 on valuation after the company reported a "strong" Q4. The analyst sees Comcast's vertically integrated model as well positioned, and believes management will continue to meet the OTT/Wireless challenges. Additionally, Horan sees the company acquisition of T-Mobile (TMUS) as "very likely," noting that Comcast's results do "provide logic" behind AT&T (T)/Time Warner (TWX) and a Verizon (VZ)/Charter (CHTR)/content merger. He reiterates an Outperform rating on Comcast's shares.

TODAY'S FREE FLY STORIES

SITE

SiteOne Landscape

$51.93

1.59 (3.16%)

17:46
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17:46
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SiteOne Landscape acquires Evergreen Partners »

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LMT

Lockheed Martin

$282.06

2.01 (0.72%)

17:45
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Lockheed Martin LM-100J makes successful first flight »

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17:45
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17:45
General news
Breaking General news story  »

Dallas Federal Reserve…

LGF.A

Lionsgate

$25.55

0.4 (1.59%)

, LGF.B

Lionsgate

$23.45

0.31 (1.34%)

17:43
05/25/17
05/25
17:43
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17:43
Hot Stocks
Lionsgate sees low to mid teens adjusted OIBDA growth, warns of near-term spend »

"We're…

LGF.A

Lionsgate

$25.55

0.4 (1.59%)

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Lionsgate

$23.45

0.31 (1.34%)

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DXC

DXC Technology

$78.64

0.69 (0.89%)

17:41
05/25/17
05/25
17:41
05/25/17
17:41
Earnings
DXC Technology sees FY18 adjusted EPS $6.50-$7.00, consensus $6.72 »

Guidance taken from Q4…

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  • 25

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GME

GameStop

$23.62

0.91 (4.01%)

, NTDOY

Nintendo

$35.95

0.4 (1.13%)

17:36
05/25/17
05/25
17:36
05/25/17
17:36
Hot Stocks
GameStop sees 'strong' Switch demand outpacing supply in near term »

GameStop (GME) sees…

GME

GameStop

$23.62

0.91 (4.01%)

NTDOY

Nintendo

$35.95

0.4 (1.13%)

TWX

Time Warner

$99.37

0.97 (0.99%)

T

AT&T

$38.23

0.08 (0.21%)

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  • 25

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NTNX

Nutanix

$17.57

0.12 (0.69%)

, DECK

Deckers Brands

$56.57

-1.51 (-2.60%)

17:36
05/25/17
05/25
17:36
05/25/17
17:36
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS:…

NTNX

Nutanix

$17.57

0.12 (0.69%)

DECK

Deckers Brands

$56.57

-1.51 (-2.60%)

ULTA

Ulta Beauty

$293.04

12.53 (4.47%)

EGHT

8x8, Inc.

$13.15

0.05 (0.38%)

VEEV

Veeva

$61.74

0.67 (1.10%)

COST

Costco

$174.73

1.72 (0.99%)

BIG

Big Lots

$48.37

1.39 (2.96%)

TGNA

Tegna

$23.71

0.26 (1.11%)

NXST

Nexstar

$57.50

-1.3 (-2.21%)

ZOES

Zoe's Kitchen

$16.20

-0.18 (-1.10%)

GME

GameStop

$23.62

0.91 (4.01%)

SPLK

Splunk

$67.09

0.92 (1.39%)

MRVL

Marvell

$16.94

0.16 (0.95%)

TRIL

Trillium Therapeutics

$5.45

-0.15 (-2.68%)

TRGP

Targa Resources

$48.47

-1.11 (-2.24%)

AERI

Aerie Pharmaceuticals

$54.25

13.75 (33.95%)

MACK

Merrimack

$3.40

-0.04 (-1.16%)

03/08/13
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    Jun

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    Jun

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    Jun

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    Jun

  • 29

    Jun

  • 14

    Jul

  • 28

    Feb

  • 26

    May

OKE

ONEOK

$51.66

-1.12 (-2.12%)

, OKS

ONEOK Partners

$50.70

-1.04 (-2.01%)

17:34
05/25/17
05/25
17:34
05/25/17
17:34
Hot Stocks
ONEOK names Walter Hulse III CFO »

ONEOK (OKE) and ONEOK…

OKE

ONEOK

$51.66

-1.12 (-2.12%)

OKS

ONEOK Partners

$50.70

-1.04 (-2.01%)

03/08/13
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AZN

AstraZeneca

$34.34

0.07 (0.20%)

17:32
05/25/17
05/25
17:32
05/25/17
17:32
Hot Stocks
AstraZeneca recalls one lot of Brilinta sample bottles »

AstraZeneca announced…

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  • 26

    Jun

NTNX

Nutanix

$17.57

0.12 (0.69%)

17:29
05/25/17
05/25
17:29
05/25/17
17:29
Technical Analysis
Technical View: Nutanix breaks out, rounding pattern in progress »

In the extended session…

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  • 25

    May

  • 08

    Jun

BIG

Big Lots

$48.37

1.39 (2.96%)

, COST

Costco

$174.73

1.72 (0.99%)

17:27
05/25/17
05/25
17:27
05/25/17
17:27
Hot Stocks
Breaking Hot Stocks news story on Big Lots, Costco »

Big Lots up 3.4% after…

BIG

Big Lots

$48.37

1.39 (2.96%)

COST

Costco

$174.73

1.72 (0.99%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 25

    May

  • 26

    May

  • 31

    May

WING

Wingstop

$29.72

-0.12 (-0.40%)

17:19
05/25/17
05/25
17:19
05/25/17
17:19
Hot Stocks
Wingstop CFO Mravle to resign effective June 23, 2017 »

According to a regulatory…

03/08/13
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  • 20

    Jun

HUBG

Hub Group

$34.10

-0.05 (-0.15%)

17:17
05/25/17
05/25
17:17
05/25/17
17:17
Hot Stocks
Hub Group acquires Estenson Logistics »

Hub Group announced that…

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GME

GameStop

$23.62

0.91 (4.01%)

, NTDOY

Nintendo

$35.95

0.4 (1.13%)

17:14
05/25/17
05/25
17:14
05/25/17
17:14
Hot Stocks
GameStop: Red Dead 2 delay, Switch demand keep company at initial FY17 guidance »

GameStop (GME) says Q2…

GME

GameStop

$23.62

0.91 (4.01%)

NTDOY

Nintendo

$35.95

0.4 (1.13%)

TTWO

Take-Two

$78.53

0.8 (1.03%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 25

    May

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    May

RELL

Richardson Electronics

$5.96

-0.04 (-0.67%)

17:09
05/25/17
05/25
17:09
05/25/17
17:09
Hot Stocks
Richardson Electronics sells PACS display businss to Double Black Imaging »

Richardson Electronics…

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GME

GameStop

$23.62

0.91 (4.01%)

, NTDOY

Nintendo

$35.95

0.4 (1.13%)

17:09
05/25/17
05/25
17:09
05/25/17
17:09
Hot Stocks
GameStop backs FY17 new hardware sales view to unchanged to up slightly »

GameStop (GME) says it…

GME

GameStop

$23.62

0.91 (4.01%)

NTDOY

Nintendo

$35.95

0.4 (1.13%)

03/08/13
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  • 25

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COST

Costco

$174.73

1.72 (0.99%)

17:07
05/25/17
05/25
17:07
05/25/17
17:07
Hot Stocks
Costco reports Q3 comparable sales up 5% »

Reports Q3 comparable…

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MNK

Mallinckrodt

$41.00

0.76 (1.89%)

17:04
05/25/17
05/25
17:04
05/25/17
17:04
Hot Stocks
Mallinckrodt reports on study of Acthar Gel after multiple sclerosis relapse »

Mallinckrodt highlights…

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  • 13

    Jun

FRGI

Fiesta Restaurant

17:03
05/25/17
05/25
17:03
05/25/17
17:03
Hot Stocks
Fiesta Restaurant rejects 'misleading' claims by activist group JCP »

Fiesta Restaurant Group,…

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YUM

Yum! Brands

$72.13

0.18 (0.25%)

17:02
05/25/17
05/25
17:02
05/25/17
17:02
Hot Stocks
Taco Bell to add restaurants domestically to reach $15B sales goal »

Taco Bell, a subsidiary…

03/08/13
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  • 31

    May

  • 31

    May

LBIO

Lion Biotechnologies

$6.15

-0.35 (-5.38%)

16:57
05/25/17
05/25
16:57
05/25/17
16:57
Hot Stocks
Lion Biotechnologies announces resignation of CFO Gregory Schiffman »

Lion Biotechnologies…

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  • 02

    Jun

  • 06

    Jun

CPE

Callon Petroleum

$12.01

-0.08 (-0.66%)

16:55
05/25/17
05/25
16:55
05/25/17
16:55
Hot Stocks
Callon Petroleum names Joseph Gatto, Jr. CEO »

Callon Petroleum Company…

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HGV

Hilton Grand Vacations

$36.32

0.24 (0.67%)

16:54
05/25/17
05/25
16:54
05/25/17
16:54
Syndicate
Breaking Syndicate news story on Hilton Grand Vacations »

Hilton Grand Vacations…

03/08/13
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SYPR

Sypris Solutions

$1.48

0.05 (3.50%)

16:51
05/25/17
05/25
16:51
05/25/17
16:51
Hot Stocks
Sypris Electronics achieves ISO 13485 registration from NSF-ISR »

Sypris Electronics, a…

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BBY

Best Buy

$61.25

10.83 (21.48%)

, HPQ

HP Inc.

$18.37

-0.64 (-3.37%)

16:42
05/25/17
05/25
16:42
05/25/17
16:42
General news
On The Fly: Top stock stories for Thursday »

Stocks began the session…

BBY

Best Buy

$61.25

10.83 (21.48%)

HPQ

HP Inc.

$18.37

-0.64 (-3.37%)

SHLD

Sears

$8.48

1.01 (13.52%)

GM

General Motors

$32.60

-0.6 (-1.81%)

BCRX

BioCryst

$6.73

1.6 (31.19%)

PVH

PVH Corp.

$106.98

4.94 (4.84%)

SPLS

Staples

$9.06

0.28 (3.19%)

SIG

Signet Jewelers

$50.30

-4.23 (-7.76%)

GCO

Genesco

$34.40

-10.15 (-22.78%)

03/08/13
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