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Fly News Breaks for June 6, 2016
GRUB, SQM, RF, ETR, WMT
Jun 6, 2016 | 10:35 EDT
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Wal-Mart (WMT) upgraded to Buy from Hold at Jefferies with analyst Daniel Binder saying Wal-Mart's store investments are driving improved store conditions. 2. Entergy (ETR) upgraded to Conviction Buy from Buy at Goldman with analysts led by Michael Lapides citing attractive valuation that implies little or no value for the small merchant nuclear portfolio, above average dividend yield, above consensus estimates, and the early June 2016 analyst day that could be a potential positive catalyst. 3. Regions Financial (RF) upgraded to Market Perform at Keefe Bruyette with analyst Jefferson Harralson citing valuation and his now above-consensus estimates. 4. SQM (SQM) upgraded to Outperform from Sector Perform at Scotiabank. 5. GrubHub (GRUB) upgraded to Buy from Neutral at Monness Crespi. 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 WMT;ETR;RF;SQM;GRUB From the Last 2 Days
RF
Apr 19, 2024 | 09:08 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Paramount (PARA)... To see the rest of the story go to thefly.com. See Story Here
RF
Apr 19, 2024 | 06:03 EDT
"We continue to focus on the successful execution of our strategic plan, and that is reflected in our core performance," said John Turner, Chairman and CEO of Regions Financial Corp. Turner added, "Our results reflect the strength and diversity of our balance sheet, robust liquidity position, and proactive interest rate risk management practices. Our hedging strategies position us for success in a vast array of economic conditions and support our commitment to generating consistent, sustainable long-term performance as we once again generated top-quartile returns and a peer-leading net interest margin."
ETR
Apr 18, 2024 | 17:19 EDT
On April 18 Entergy New Orleans and the Council of the City of New Orleans entered into a settlement in principle whereby Entergy New Orleans commits to increase the customer sharing of income tax benefits from the 2016-2018 IRS audit resolution from $60M to $138M, a $78M increase. The settlement in principle also provides for the retail rate-making treatment of the total customer credit