Breaking News Instant updates and real-time market news.

S

Sprint

$8.09

0.2046 (2.59%)

15:20
05/19/17
05/19
15:20
05/19/17
15:20

Notable three-way prints in Sprint Friday

Notable three-way prints in Sprint Friday. 5.6K Jan 5.5 puts at 40c and 4.6K Jan 8 - 9 call spreads for 46c. It appears the investor is seizing notable implied volatiltiiy skew to sell higher IV downside puts to buy a call spread. The stock up 20c to $8.09 and 19K trade total on PHLX and CBOE.

S Sprint
$8.09

0.2046 (2.59%)

05/15/17
COWN
05/15/17
NO CHANGE
Target $70
COWN
Outperform
Sprint, T-Mobile merger not a sure thing, says Cowen
Cowen analyst Colby Synesael tells investors the near-term risk in both Sprint (S) and T-Mobile (TMUS) has increased based on the possibility of a deal not happening, the unclear nature of what the deal structure would look like, and the fact that Sprint does not need a deal like it once did. The analyst does not feel a deal between the two is a sure thing. He believes T-Mobile's fundamentals should continue to create shareholder value, while the embedded M&A premium in Sprint shares has created meaningful risk. Synesael rates Sprint Market Perform with a $6.50 target. T-Mobile is rated Outperform with a $70 price target.
04/24/17
OPCO
04/24/17
NO CHANGE
OPCO
Sprint, DISH the only assets for sale, says Oppenheimer
Oppenheimer analyst Timothy Horan noted that wireless companies will be allowed to discuss M&A, and says he sees Sprint (S) and possibly DISH (DISH) as the only assets for sale. The analyst believes the most likely outcome is for consolidation around the four major wireless providers, something along the lines of Charter (CHTR)/Sprint, T-Mobile (TMUS)/Comcast (CMCSA; CMCSK), Verizon (VZ)/DISH, with AT&T's (T) position "fairly solidified" with DirectTV/Time Warner (TWX). Further, Horan suspects Sprint will be sold first, most likely to Charter, although T-Mobile is a possibility and could be the controlling company/management and likely paying a premium for Sprint.
04/19/17
04/19/17
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. ING Group (ING) initiated with a Buy at Jefferies. 2. T-Mobile (TMUS) was initiated with a Buy at SunTrust while Sprint (S), Verizon (VZ), and AT&T (T) were initiated with a Hold. 3. DXC Technology (DXC) initiated with an Overweight at JPMorgan. 4. LendingClub (LC) coverage resumed with a Hold at Stifel. 5. Halliburton (HAL) and Schlumberger (SLB) were initiated with a Buy at HSBC while Baker Hughes (BHI) was initiated 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.
04/18/17
RHCO
04/18/17
INITIATION
Target $9
RHCO
Hold
Sprint initiated with a Hold at SunTrust
SunTrust analyst Greg Miller started Sprint with a Hold rating and $9 price target. The analyst prefers cable names over wireless given a "more supportable growth outlook and greater potential to preserve margins."

TODAY'S FREE FLY STORIES

KBR

KBR

$14.91

0.14 (0.95%)

05:58
05/24/17
05/24
05:58
05/24/17
05:58
Hot Stocks
KBR signs JV agreement with BIV Builders in Malaysia »

KBR announced it has…

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

INTU

Intuit

$129.15

1.99 (1.57%)

05:57
05/24/17
05/24
05:57
05/24/17
05:57
Recommendations
Intuit analyst commentary  »

Intuit 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

TTD

Trade Desk

$53.48

0.97 (1.85%)

05:55
05/24/17
05/24
05:55
05/24/17
05:55
Syndicate
Trade Desk 4.32M share Secondary priced at $52.00 »

Citi, Jefferies and RBC…

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

  • 24

    May

ACIA

Acacia Communications

$48.18

-0.67 (-1.37%)

05:55
05/24/17
05/24
05:55
05/24/17
05:55
Conference/Events
Acacia Communications management to meet with Needham »

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

  • 24

    May

  • 25

    May

  • 31

    May

TWOU

2U

$42.53

-0.46 (-1.07%)

05:55
05/24/17
05/24
05:55
05/24/17
05:55
Conference/Events
2U management to meet with Oppenheimer »

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

  • 24

    May

  • 01

    Jun

AZO

AutoZone

$581.40

-78.09 (-11.84%)

05:53
05/24/17
05/24
05:53
05/24/17
05:53
Recommendations
AutoZone analyst commentary  »

AutoZone 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

BEP

Brookfield Renewable

$32.41

-0.49 (-1.49%)

05:52
05/24/17
05/24
05:52
05/24/17
05:52
Downgrade
Brookfield Renewable rating change  »

Brookfield Renewable…

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

SHAK

Shake Shack

$37.03

-0.87 (-2.30%)

05:48
05/24/17
05/24
05:48
05/24/17
05:48
Initiation
Shake Shack initiated  »

Shake Shack 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

  • 12

    Jun

  • 20

    Jun

CIEN

Ciena

$24.35

-0.07 (-0.29%)

05:44
05/24/17
05/24
05:44
05/24/17
05:44
Downgrade
Ciena rating change  »

Ciena downgraded to Hold…

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

  • 01

    Jun

SPX

S&P 500

05:41
05/24/17
05/24
05:41
05/24/17
05:41
Technical Analysis
S&P 500: Pivot points »

The following are the…

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

BF.B

Brown Forman, also tag with BFA, BFB

$53.38

-3.54 (-6.22%)

, BFA

Brown-Forman, also tag with BF.A, BF.B

05:41
05/24/17
05/24
05:41
05/24/17
05:41
Downgrade
Brown Forman, also tag with BFA, BFB, Brown-Forman, also tag with BF.A, BF.B, Brown-Forman, also tag with BF.A, BF.B, Constellation Brands, Diageo rating change  »

Brown Forman downgraded…

BF.B

Brown Forman, also tag with BFA, BFB

$53.38

-3.54 (-6.22%)

BFA

Brown-Forman, also tag with BF.A, BF.B

BFB

Brown-Forman, also tag with BF.A, BF.B

STZ

Constellation Brands

$180.86

-3.28 (-1.78%)

DEO

Diageo

$121.74

0.52 (0.43%)

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

GDX

Market Vector Gold Miners

$22.64

-0.52 (-2.25%)

05:39
05/24/17
05/24
05:39
05/24/17
05:39
Technical Analysis
Market Vector Gold Miners: Pivot points »

The following are the…

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

GLD

SPDR Gold Trust

$119.14

-0.76 (-0.63%)

05:39
05/24/17
05/24
05:39
05/24/17
05:39
Technical Analysis
SPDR Gold Trust: Pivot points »

The following are the…

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

NUGT

Direxion Gold Miners Bull

$33.71

-2.6 (-7.16%)

05:39
05/24/17
05/24
05:39
05/24/17
05:39
Technical Analysis
Direxion Gold Miners Bull: Pivot points »

The following are the…

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

JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$17.24

-1.94 (-10.11%)

05:38
05/24/17
05/24
05:38
05/24/17
05:38
Technical Analysis
Direxion Daily Jr Gld Mnrs Bull 3X Shrs: Pivot points »

The following are the…

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

DUST

Direxion Daily Gold Miners Bear 3X ETF

$29.88

1.92 (6.87%)

05:38
05/24/17
05/24
05:38
05/24/17
05:38
Technical Analysis
Direxion Daily Gold Miners Bear 3X ETF: Pivot points »

The following are the…

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

JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$77.70

7.41 (10.54%)

05:38
05/24/17
05/24
05:38
05/24/17
05:38
Technical Analysis
Direxion Daily Junior Gold Miners Index Bear 3x Shares: Pivot points »

The following are the…

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

VXX

iPath S&P 500 VIX Short-Term Futures

$13.96

-0.02 (-0.14%)

05:36
05/24/17
05/24
05:36
05/24/17
05:36
Technical Analysis
iPath S&P 500 VIX Short-Term Futures: Pivot points »

The following are the…

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

XIV

VelocityShares Daily Inverse VIX Short-Term ETN

$77.00

0.1 (0.13%)

05:35
05/24/17
05/24
05:35
05/24/17
05:35
Technical Analysis
VelocityShares Daily Inverse VIX Short-Term ETN: Pivot points »

The following are the…

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

TVIX

VelocityShares Daily 2x VIX Short-Term ETN

$25.49

-0.11 (-0.43%)

05:35
05/24/17
05/24
05:35
05/24/17
05:35
Technical Analysis
VelocityShares Daily 2x VIX Short-Term ETN: Pivot points »

The following are the…

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

SVXY

ProShares Short VIX Short-Term Futures

$148.68

0.12 (0.08%)

05:35
05/24/17
05/24
05:35
05/24/17
05:35
Technical Analysis
ProShares Short VIX Short-Term Futures: Pivot points »

The following are the…

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

05:35
05/24/17
05/24
05:35
05/24/17
05:35
General news
FX Action: USD-JPY has been on the ebb »

FX Action: USD-JPY has…

TROW

T. Rowe Price

$71.06

-0.24 (-0.34%)

05:34
05/24/17
05/24
05:34
05/24/17
05:34
Downgrade
T. Rowe Price rating change  »

T. Rowe Price downgraded…

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

  • 07

    Jun

ESLT

Elbit Systems

$120.00

0.54 (0.45%)

05:33
05/24/17
05/24
05:33
05/24/17
05:33
Hot Stocks
Elbit Systems awarded $25M contract by International organization »

Elbit Systems 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

GOGL

Golden Ocean

$6.82

0.12 (1.79%)

05:31
05/24/17
05/24
05:31
05/24/17
05:31
Earnings
Golden Ocean reports Q1 EPS (17c), consensus (17c) »

Reports Q1 adjusted…

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

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.