Breaking News Instant updates and real-time market news.

PTXP

PennTex

$19.88

3.23 (19.40%)

, ETP

Energy Transfer Partners

$23.00

0.08 (0.35%)

18:11
05/19/17
05/19
18:11
05/19/17
18:11

PennTex board to review unsolicited tender offer from Energy Transfer Partners

"PennTex Midstream Partners (PTXP) confirmed that our affiliate and owner of our general partner, Energy Transfer Partners, L.P. (ETP), has commenced an unsolicited tender offer to acquire all of the outstanding common units representing limited partner interests in the Partnership for $20.00 per unit in cash. The board of directors of our general partner intends to advise unitholders of its formal position regarding the tender offer within ten business days of its commencement by making available to unitholders and filing with the Securities and Exchange Commission a solicitation/recommendation statement on Schedule 14D-9."

PTXP

PennTex

$19.88

3.23 (19.40%)

ETP

Energy Transfer Partners

$23.00

0.08 (0.35%)

PTXP PennTex
$19.88

3.23 (19.40%)

12/06/16
12/06/16
DOWNGRADE
Target $15

Hold
PennTex downgraded to Hold after Energy Transfer deal at Stifel
As previously reported, Stifel analyst Selman Akyol downgraded PennTex Midstream Partners (PTXP) to Hold from Buy, stating that its outlook changed with the Energy Transfer Partners' (ETP) deal. While Energy Transfer did not rule out dropdowns, Akyol doesn't expect them and does not believe transactions would create significant value for PennTex. He lowered his price target on PennTex shares to $15 from $18.
01/03/17
DBAB
01/03/17
DOWNGRADE
Target $17
DBAB
Hold
PennTex downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Kristina Kazarian downgraded PennTex (PTXP) to Hold saying the Energy Transfer Partners (ETP) acquisition of the company's general partnership and sponsor-held LP units has "clouded the outlook." The analyst lowered her price target for PennTex shares to $17 from $20.
05/19/17
BARD
05/19/17
DOWNGRADE
BARD
Neutral
PennTex downgraded to Neutral from Outperform at Baird
05/19/17
RBCM
05/19/17
DOWNGRADE
Target $20
RBCM
Sector Perform
PennTex downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Elvira Scotto downgraded PennTex Midstream Partners (PTXP) to Sector Perform from Outperform and raised her price target to $20 from $19 to account for Energy Transfer Partners' (ETP) tender offer to purchase all of the outstanding common units.
ETP Energy Transfer Partners
$23.00

0.08 (0.35%)

05/10/17
BERN
05/10/17
UPGRADE
BERN
Outperform
Energy Transfer Partners upgraded to Outperform at Bernstein
05/10/17
BERN
05/10/17
UPGRADE
BERN
Outperform
Energy Transfer Equity, Energy Transfer Partners upgraded at Bernstein
As noted earlier, Bernstein upgraded Energy Transfer Equity (ETE) and Energy Transfer Partners (ETP) to Outperform from Market Perform. Analyst Jean Ann Salisbury says that the companies are "arguably levered" to three growth areas: Permian, Marcelllus, and ethane volumes. The analyst adds that several "very positive developments" for the companies have occurred since January: the DAPL project proceeded and its "finish line is in sight; progress was made with the Rover project; the DEP approved Mariner East 2; and 73 rigs were added in the Permian, while oil production there rose meaningfully. Target $23 for Energy Transfer Equity and $30 for Energy Transfer Partners.
05/12/17
WOLF
05/12/17
INITIATION
Target $25
WOLF
Peer Perform
Energy Transfer Partners initiated with a Peer Perform at Wolfe Research
Wolfe Research initiated Energy Transfer Partners with a Peer Perform and a $25 price target.

TODAY'S FREE FLY STORIES

MAR

Marriott

$114.75

-0.36 (-0.31%)

12:39
10/17/17
10/17
12:39
10/17/17
12:39
Hot Stocks
Marriott says Ed Ryan to retire as general counsel »

Marriott International…

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

  • 08

    Nov

  • 30

    Nov

VSTM

Verastem

$4.21

-0.14 (-3.22%)

12:35
10/17/17
10/17
12:35
10/17/17
12:35
Conference/Events
Verastem management to meet with Jefferies »

Meeting to be held in New…

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

VALE

Vale

$10.28

-0.225 (-2.14%)

12:34
10/17/17
10/17
12:34
10/17/17
12:34
Periodicals
Vale seeks partner to invest in New Caledonia mine, FT reports »

Vale is seeking a partner…

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

SB

Safe Bulkers

$3.21

-0.03 (-0.93%)

12:33
10/17/17
10/17
12:33
10/17/17
12:33
Conference/Events
Safe Bulkers management to meet with Jefferies »

Meeting to be held in New…

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

  • 17

    Oct

  • 18

    Oct

  • 19

    Oct

CREE

Cree

$29.28

-0.08 (-0.27%)

12:29
10/17/17
10/17
12:29
10/17/17
12:29
Technical Analysis
Technical Earnings Preview: Cree near top of range ahead of results »

The shares were trading…

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

  • 17

    Oct

PYPL

PayPal

$67.31

-1.35 (-1.97%)

12:25
10/17/17
10/17
12:25
10/17/17
12:25
Recommendations
PayPal analyst commentary  »

PayPal 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

  • 17

    Oct

  • 18

    Oct

  • 19

    Oct

  • 19

    Oct

  • 22

    Oct

  • 29

    Nov

LNG

Cheniere Energy

$48.20

0.48 (1.01%)

12:25
10/17/17
10/17
12:25
10/17/17
12:25
Options
Cheniere Energy call volume above normal and directionally bullish »

Bullish option flow…

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

12:25
10/17/17
10/17
12:25
10/17/17
12:25
General news
U.S. corporate bond update: the calendar is relatively slim »

U.S. corporate bond…

CYTR

CytRx

$0.38

-0.0142 (-3.64%)

12:25
10/17/17
10/17
12:25
10/17/17
12:25
Conference/Events
CytRx to host special shareholder meeting »

Special Shareholder…

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

  • 17

    Oct

12:25
10/17/17
10/17
12:25
10/17/17
12:25
Conference/Events
Federal Reserve Bank of Philadelphia President speaks at summit »

Federal Reserve Bank of…

12:25
10/17/17
10/17
12:25
10/17/17
12:25
Conference/Events
American Association for Cancer Research holds a webinar »

Webinar entitled,…

GOOG

Alphabet

$992.00

2.32 (0.23%)

12:20
10/17/17
10/17
12:20
10/17/17
12:20
Hot Stocks
Google refreshes Google Calendar for web »

Google said in a post 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

  • 22

    Oct

  • 24

    Oct

  • 26

    Oct

  • 29

    Nov

JNJ

Johnson & Johnson

$139.15

3.03 (2.23%)

12:20
10/17/17
10/17
12:20
10/17/17
12:20
Periodicals
Appeals court throws out $72M verdict against J&J, St. Louis Post-Dispatch says »

The appeals court of…

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

  • 17

    Oct

  • 23

    Oct

  • 27

    Oct

  • 06

    Nov

12:20
10/17/17
10/17
12:20
10/17/17
12:20
General news
Treasury's $40 B 4-week bill garnered solid results »

Treasury's $40 B…

SPX

S&P 500

12:19
10/17/17
10/17
12:19
10/17/17
12:19
Hot Stocks
Trump expected to pick Fed chair before Asia trip, CNBC reports »

President Trump is…

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

$NSD

NASDAQ Market Internals

12:17
10/17/17
10/17
12:17
10/17/17
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

$NYE

NYSE Market Internals

12:16
10/17/17
10/17
12:16
10/17/17
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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

SNAP

Snap

$16.21

0.135 (0.84%)

12:15
10/17/17
10/17
12:15
10/17/17
12:15
Periodicals
Snap says advertising will stay main source of revenue, Bloomberg says »

Snap's head of…

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

    Oct

  • 07

    Nov

HBI

Hanesbrands

$23.28

-0.11 (-0.47%)

12:15
10/17/17
10/17
12:15
10/17/17
12:15
Options
HanesBrands put volume heavy and directionally bearish »

Bearish flow noted 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

12:15
10/17/17
10/17
12:15
10/17/17
12:15
General news
U.S. equities have been waffling »

U.S. equities have been…

BC

Brunswick

$57.82

0.2324 (0.40%)

12:14
10/17/17
10/17
12:14
10/17/17
12:14
Hot Stocks
Brunswick raises quarterly dividend 15% to 19c per share »

The board of directors of…

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

SNAP

Snap

$16.23

0.155 (0.96%)

12:11
10/17/17
10/17
12:11
10/17/17
12:11
Periodicals
Snap to broaden program types, partnerships with TV companies, Bloomberg says »

Snap to invest 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

    Oct

  • 07

    Nov

12:10
10/17/17
10/17
12:10
10/17/17
12:10
General news
FX Action: USD-JPY »

FX Action: USD-JPY has…

SSNLF

Samsung

, AAPL

Apple

$159.88

2.89 (1.84%)

12:07
10/17/17
10/17
12:07
10/17/17
12:07
Periodicals
Samsung's Galaxy S8 tops consumer review performance list, Yonhap News reports »

The Samsung (SSNLF)…

SSNLF

Samsung

AAPL

Apple

$159.88

2.89 (1.84%)

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

  • 30

    Oct

  • 02

    Nov

IMMU

Immunomedics

$11.18

-0.54 (-4.61%)

12:05
10/17/17
10/17
12:05
10/17/17
12:05
Options
Immunomedics call volume above normal and directionally bullish »

Bullish option flow…

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.