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Fly News Breaks for July 28, 2016
ABX, TRIP, X, BLDP, AAPL
Jul 28, 2016 | 10:33 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Apple (AAPL) upgraded to Buy from Long-Term Buy at Hilliard Lyons with analyst Stephen Turner saying he views Apple's guidance as "solid." The analyst raised his price target for the shares to $131 from $121 following the company's third quarter results. 2. Ballard Power (BLDP) upgraded to Outperform from Market Perform at FBR Capital with analyst Carter Driscoll saying the company's Chinese partnerships should change its profile. 3. U.S. Steel (X) upgraded to Buy from Hold at Argus with analyst David Coleman saying he expects the company to benefit from margin expansion, new tariffs, a stable to falling dollar and a sooner than expected return to profitability after its second quarter profits beat expectations. 4. TripAdvisor (TRIP) upgraded to Market Perform from Underperform at Raymond James with analyst Justin Patterson citing relative valuation, easing comps limit the likelihood of further 10%+ cuts to EBITDA, and reduced negative catalysts. 5. Barrick Gold (ABX) upgraded to Buy from Hold at Canaccord with the firm saying it sees operational improvements and the balance sheet improving in addition to relative valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
News For AAPL;BLDP;X;TRIP;ABX From the Last 2 Days
AAPL
Apr 19, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 19, 2024 | 05:39 EDT
Apple plans to spend more than $250M on its regional hub in Singapore, including expanding its campus later in 2024, in an effort to reduce exposure to China and diversify its footprint in Asia, The Wall Street Journal's Amanda Lee reports. The expanded campus will run completely on renewable energy, according to the report. Reference Link
AAPL
Apr 18, 2024 | 09:06 EDT
IHG Hotels & Resorts (IHG) launches Apple (AAPL) AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately and securely from their iPhone or iPad to the TV in their guest rooms. AirPlay is available at more than 60 hotels in North America, including properties like InterContinental Buckhead Atlanta, Hotel Indigo NYC Downtown - Wall Street and Holiday Inn & Suites Ottawa Kanata. IHG is the first hospitality company to provide AirPlay functionality as part of its in-room entertainment experience.
AAPL
Apr 17, 2024 | 16:32 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 17, 2024 | 15:48 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. UPPING PARENTAL CONTROLS: The... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 17, 2024 | 11:59 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 17, 2024 | 07:28 EDT
Maxim initiated coverage of Apple with a Hold rating and $178 price target.
AAPL
Apr 17, 2024 | 06:11 EDT
Apple will consider making some of its products in Indonesia as the company plans to ramp up investment in Vietnam, Kimberley Kao and Ben Otto of The Wall Street Journal reports. "We talked about the president's desire to see manufacturing in the country, and it's something that we will look at," CEO Tim Cook said at a press conference, according to state news agency Antara. Cook did not offer a timeline for the investment or say what form it could take. Reference Link
AAPL
Apr 17, 2024 | 05:54 EDT
The U.K. plans to hold talks this month with Apple (AAPL), Meta (META), Alphabet (GOOGL) and others to push a voluntary charter granting parents more control of social media use by young teens, Bloomberg's Ellen Milligan reports. According to people familiar with the matter, ministers want to launch a consultation later this month to gauge ways of limiting the potential harm to children caused by social media, and the proposed voluntary charter may involve tech firms agreeing to alert parents when their children are repeatedly looking up disturbing content. Reference Link