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Fly News Breaks for November 10, 2016
ZION, ARCH, YUMC, MDLZ, BHP
Nov 10, 2016 | 10:19 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. BHP Billiton (BHP) initiated with a Hold at HSBC. 2. Mondelez (MDLZ) reinstated with a Hold at Deutsche Bank. 3. Yum China (YUMC) initiated with an Outperform at Oppenheimer. 4. Arch Coal (ARCH) initiated with a Buy at Seaport Global. 5. Zions Bancorp (ZIOP) coverage assumed with an Outperform at RBC Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For BHP;MDLZ;YUMC;ARCH;ZION From the Last 2 Days
ARCH
Apr 17, 2024 | 16:41 EDT
Citi downgraded Arch Resources (ARCH) to Neutral from Buy with a price target of $170, down from $185. The stock is currently trading at an 11% free cash flow yield on $250 per ton hard coking coal, which represents fair value. The firm now sees equal upside and downside risks. Its preference for met coal exposure is Warrior Met Coal (HCC), which it notes is trading at a 17% yield post Blue Creek, which will start to be delivered in 2024.
ARCH
Apr 17, 2024 | 16:37 EDT
BHP
Apr 17, 2024 | 15:16 EDT
MDLZ
Apr 16, 2024 | 16:23 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
BHP
Apr 16, 2024 | 15:10 EDT
MDLZ
Apr 16, 2024 | 12:01 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
MDLZ
Apr 16, 2024 | 08:01 EDT
MDLZ
Apr 16, 2024 | 07:35 EDT
The European Commission is set to fine Mondelez millions of euros as early as next month for restricting sales of its products between EU member states, The Financial Times' Javier Espinoza reports. According to three people familiar with the matter, regulators will order Mondelez to stop blocking cross-border trading because of the potential harm to consumers at a time of high inflation. Reference Link
