Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Market Perform from Outperform at Wells Fargo... Amira Nature Foods (ANFI) downgraded to Market Perform from Outperform at BMO Capital... CBS (CBS) downgraded to Market Perform from Outperform at Wells Fargo... Chemours (CC) downgraded to Sell from Neutral at UBS... Ciena (CIEN) downgraded to Market Perform from Outperform at Northland... Clear Channel Outdoor (CCO) downgraded to Market Perform at Wells Fargo... Disney (DIS) downgraded to Market Perform from Outperform at Wells Fargo... International Game (IGT) downgraded to Underperform from Neutral at Sterne Agee CRT... LATAM Airlines (LFL) downgraded to In-Line from Outperform at Imperial Capital... OUTFRONT Media (OUT) downgraded to Market Perform from Outperform at Wells Fargo... Precision Castparts (PCP) downgraded to Neutral from Buy at UBS... Principal Financial (PFG) downgraded to Market Perform from Outperform at Keefe Bruyette... RE/MAX Holdings (RMAX) downgraded to Neutral from Buy at Compass Point... SFX Entertainment (SFXE) downgraded to Sell from Hold at Stifel... SanDisk (SNDK) downgraded to Underperform on industry capex increases at BofA/Merrill... Silicon Motion (SIMO) downgraded to Underperform from Buy at BofA/Merrill... TEGNA (TGNA) downgraded to Market Perform from Outperform at Wells Fargo... Vera Bradley (VRA) downgraded to Hold from Buy at Jefferies.

Welcome to the latest edition of "Bet On It," where The Fly looks at news and activity in the sports betting and iGaming space. SECTOR NEWS: Nevada... To see the rest of the story go to thefly.com. See Story Here

Real Estate Services Analysts, along with James Dwiggns, CEO of NextHome, discuss the latest perspectives on the proposed National Association of Realtors (NAR) Settlement and the implications on brokerage business models (relevant companies ZG/Z, CSGP, COMP, RDFN, EXPI, HOUS, FTHM, REAX, RMAX) on an Analyst/Industry conference call to be held on May 1 at 11 am.

Tegna announced new multi-year agreements with the Seattle Kraken and Prime Video for fans to watch their games throughout the Pacific Northwest. Starting next season, Tegna stations KING 5 and KONG in Seattle will broadcast all non-nationally televised games for free over the air. KING 5 becomes the official television partner of the Seattle Kraken. In addition, Prime Video will stream all non-nationally televised games for Prime members in Washington, Oregon and Alaska, which will include pre-season, regular season and the first round of playoffs. Tegna will work with additional broadcast companies in the coming weeks to expand free over-the-air broadcast access to all available television markets in Washington, Oregon and Alaska.

Shareholders of TEGNA Inc. overwhelmingly approved the re-election of nine Board members and an advisory resolution on the compensation of the company's named executive officers. TEGNA shareholders re-elected Board Chairman Howard D. Elias, president and CEO Dave Lougee, Gina L. Bianchini, Stuart J. Epstein, Karen H. Grimes, Scott K. McCune, Henry W. McGee, Neal B. Shapiro and Melinda C. Witmer to the Board of Directors at the company's annual meeting held this morning. Directors will serve one-year terms ending at TEGNA's 2025 annual meeting.