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GOOG

Alphabet

$786.14

3.07 (0.39%)

, GOOGL

Alphabet Class A

$811.77

2.2 (0.27%)

06:00
10/13/16
10/13
06:00
10/13/16
06:00

Google: Location-based photo sharing platform Panoramio to shut down on Nov. 4

Google says, "Back in 2014, we announced our intention to retire Panoramio in order to invest our efforts into improving photo-sharing experiences directly inside Google Maps. In response to your feedback, we postponed these plans and worked to add features to Maps that better support the level of engagement that you have enjoyed with Panoramio. Today, with photo upload tools in Google Maps and our Local Guides program, we are providing easy ways for you to share your photos with an active and growing community. As such, we've decided to move forward with closing down Panoramio. To make this transition easier, we'll provide several options to continue sharing photos through other services. If you choose, you can also export all your data and take it somewhere else. If you have linked your Panoramio profile with a Google account, all your Panoramio photos will be copied to the Google Album Archive at full resolution after Panoramio goes away. These copied photos will not use any of your Google storage quota. Your Panoramio photos that appear in Google Maps will continue to appear in Maps, unless you delete them later from the Maps Contributions panel. Note: You must link your Panoramio profile with a Google+ account for your photos to be automatically copied. After November 4, 2016, you'll continue to have access to your photos in Panoramio for a year, but you will no longer be able to add new photos, likes, or comments. Below, we've included resources to help you manage or export your data." Reference Link

GOOG

Alphabet

$786.14

3.07 (0.39%)

GOOGL

Alphabet Class A

$811.77

2.2 (0.27%)

  • 23

    Oct

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    Oct

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    Nov

  • 15

    Jan

GOOG Alphabet
$786.14

3.07 (0.39%)

09/28/16
09/28/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Alphabet (GOOG, GOOGL) downgraded to Underperform from Neutral at Wedbush with analyst James Dix citing concerns that the "Four Horsemen of the Search Apocalypse" -- self-identified consumers, consumer control of IP-delivered ads, payments innovation, and attention markets -- might arrive. 2. AT&T (T) downgraded to Neutral from Buy at UBS with analyst John Hodulik citing expectations for lower earnings growth. 3. Macy's (M) downgraded to Neutral from Outperform at Credit Suisse with analyst Michael Exstein saying the retailer, after outlining in August its operations and merchandising strategies, is now in an execution phase. 4. Twitter (TWTR) downgraded to Underperform from Neutral at Mizuho and to Sell from Hold at Loop Capital. 5. Galectin Therapeutics (GALT) downgraded to Sell from Buy at Roth Capital with analyst Sa'ar Yaniv citing the company's announcement that NASH-FX, GR-MD-02's Phase 2a study in NASH fibrosis, failed both primary and secondary endpoints. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/06/16
SBSH
10/06/16
NO CHANGE
Target $89
SBSH
Buy
Citi says Salesforce buying Twitter 'nearly impossible' above $28/share
Citi analyst Walter Pritchard believes a Salesforce (CRM) acquisition of Twitter (TWTR) is possible financially but that such a deal would put "significant constraints" on the company for the next three-plus years. The analyst sees "very little reason" for Salesforce to own Twitter and feels the acquisition "would pose a difficult decision" for CEO Marc Benioff and the board. Salesforce closed yesterday down 6%, or $4.21, to $68.42. Recode reported last night that the company is likely the only bidder left for Twitter after Disney (DIS) and Alphabet (GOOG) opted not to pursue a deal while Apple (AAPL) is unlikely. Twitter in pre-market trading is down 14% to $21.50. In order for Salesforce to avoid a shareholder vote, it would have to borrow $7.5B to fund the transaction if Twitter were valued at $20B, or $27.50-$28 per share, Pritchard tells investors in a research note. This is a level that likely constrains the company with little additional borrowing capacity for other deals, the analyst contends. He thinks the deal is "nearly impossible to do" for Salesforce should the bidding for Twitter go above $20B or $28 per share. Pritchard has a Buy rating on Salesforce with an $89 price target.
10/10/16
WELS
10/10/16
NO CHANGE
WELS
Alphabet, Facebook can meet Street estimates, says Wells Fargo
Wells Fargo says that investors are concerned about the ability of Facebook (FB) and Google (GOOG,GOOGL) to meet Street estimates because forecasts continue to indicate that TV's ad share will be relatively stable over the next two years. But Wells says that Facebook and Google will continue to gain share from "non-TV media" and could see increased revenue from "non-advertising marketing services" such as sponsorships and public relations. Wells keeps Outperform ratings on both stocks.
10/12/16
WELS
10/12/16
NO CHANGE
WELS
Market Perform
Wells doesn't see Apple as biggest beneficiary from Samsung issues
Wells Fargo analyst Maynard Um attributes the recent rally in shares of Apple (AAPL), at least in part, to Samsung's (SSNLF) issues with its Note 7 phones. Apple gained an incremental $14B in market capitalization at its intraday peak, which the analyst believes embeds more than 3M of incremental iPhone 7 Plus units. Samsung's production halt will help Apple, but other Android vendors with 5.7 inch phones could see a bigger benefit if Android users prefer to stick with Android, Um tells investors in a research note. He points out that LG, Kyocera, and Microsoft (MFST) have 5.7 inch Android phones at U.S. carriers. Um thinks expectations for Apple into earnings "have risen materially." He keeps a Market Perform rating on the iPhone maker. Apple closed yesterday up 25c to $116.30.
GOOGL Alphabet Class A
$811.77

2.2 (0.27%)

09/30/16
RBCM
09/30/16
NO CHANGE
RBCM
Street underestimating Google growth outlook, says RBC Capital
RBC Capital analyst Mark Mahaney expects Google to end 2016 with "up to 20% growth," versus the Street's outlook of mid teen percentage level growth. Mahaney says that Google's growth should be boosted by "ongoing Search innovations, rising Mobile CPCs, and the growing impact of YouTube, Play & Cloud." He thinks that YouTube's revenue is growing at a 30%-40% clip. Mahaney raised his price target on the stock to $1,025 from $1,000 and keeps an Outperform rating on the shares.

TODAY'S FREE FLY STORIES

BA

Boeing

$343.78

2.68 (0.79%)

14:58
06/20/18
06/20
14:58
06/20/18
14:58
Periodicals
Air Force says Boeing aerial tanker delivery to begin in October, Reuters says »

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KR

Kroger

$26.24

0.24 (0.92%)

, DRI

Darden

$94.05

-0.56 (-0.59%)

14:54
06/20/18
06/20
14:54
06/20/18
14:54
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

KR

Kroger

$26.24

0.24 (0.92%)

DRI

Darden

$94.05

-0.56 (-0.59%)

CMC

Commercial Metals

$23.60

0.37 (1.59%)

PDCO

Patterson Companies

$22.52

0.05 (0.22%)

03/08/13
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MU

Micron

$59.63

0.4 (0.68%)

, AOBC

American Outdoor Brands

$13.12

0.03 (0.23%)

14:53
06/20/18
06/20
14:53
06/20/18
14:53
Earnings
Notable companies reporting after market close »

Notable companies…

MU

Micron

$59.63

0.4 (0.68%)

AOBC

American Outdoor Brands

$13.12

0.03 (0.23%)

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MMM

3M

$198.29

-1.07 (-0.54%)

14:52
06/20/18
06/20
14:52
06/20/18
14:52
Hot Stocks
New York AG, Governor sue 3M, others over use of hazardous firefighting foam »

New York Attorney General…

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AMBR

Amber Road

$9.89

0.02 (0.20%)

14:51
06/20/18
06/20
14:51
06/20/18
14:51
Conference/Events
Amber Road management to meet with KeyBanc »

Meeting to be held on the…

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  • 21

    Jun

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LL

Lumber Liquidators

$26.55

1.41 (5.61%)

14:50
06/20/18
06/20
14:50
06/20/18
14:50
Options
Notable put buying in Lumber Liquidators as shares rally »

Notable put buying in…

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MU

Micron

$59.60

0.37 (0.62%)

14:49
06/20/18
06/20
14:49
06/20/18
14:49
Options
Micron options imply 10.2% move in share price post-earnings, above median historical move »

Pre-earnings options…

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  • 20

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CRON

Cronos Group

$7.13

0.27 (3.94%)

14:45
06/20/18
06/20
14:45
06/20/18
14:45
Options
Cronos Group Inc call volume above normal and directionally bullish »

Bullish option flow…

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  • 28

    Jun

TRPX

Therapix Biosciences

$4.35

0.055 (1.28%)

14:44
06/20/18
06/20
14:44
06/20/18
14:44
Syndicate
Breaking Syndicate news story on Therapix Biosciences »

Therapix Biosciences…

03/08/13
Wedge Partners
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03/06/13
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TSRO

Tesaro

$46.02

5.98 (14.94%)

, RHHBY

Roche

$0.00

(0.00%)

14:44
06/20/18
06/20
14:44
06/20/18
14:44
Recommendations
Tesaro, Roche analyst commentary  »

RBC Capital…

TSRO

Tesaro

$46.02

5.98 (14.94%)

RHHBY

Roche

$0.00

(0.00%)

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 20

    Jun

TST

TheStreet

$1.94

0.16 (8.99%)

14:33
06/20/18
06/20
14:33
06/20/18
14:33
Recommendations
TheStreet analyst commentary  »

TheStreet's sale of…

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03/06/13
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DDAIF

Daimler AG

$0.00

(0.00%)

, BMWYY

BMW

$0.00

(0.00%)

14:32
06/20/18
06/20
14:32
06/20/18
14:32
Periodicals
Germany's big carmakers back abolition of EU/U.S. tariffs, WSJ reports »

Germany's leading…

DDAIF

Daimler AG

$0.00

(0.00%)

BMWYY

BMW

$0.00

(0.00%)

VLKAY

Volkswagen

$0.00

(0.00%)

03/08/13
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KIRK

Kirkland's

$12.42

0.07 (0.57%)

14:32
06/20/18
06/20
14:32
06/20/18
14:32
Conference/Events
Kirkland's management to meet with KeyBanc »

Meeting to be held in…

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  • 21

    Jun

ATCEY

Altice

$0.00

(0.00%)

, KKR

KKR

$24.37

0.2 (0.83%)

14:29
06/20/18
06/20
14:29
06/20/18
14:29
Hot Stocks
Altice to sell stakes in telecom tower units in France, Portugal for EUR2.5B »

Altice Europe (ATCEY)…

ATCEY

Altice

$0.00

(0.00%)

KKR

KKR

$24.37

0.2 (0.83%)

MS

Morgan Stanley

$50.04

0.11 (0.22%)

03/08/13
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03/06/13
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03/06/13
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  • 21

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CY

Cypress Semiconductor

$17.49

0.25 (1.45%)

14:25
06/20/18
06/20
14:25
06/20/18
14:25
Options
Cypress Semiconductor call volume above normal and directionally bullish »

Bullish option flow…

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  • 09

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MTB

M&T Bank

$174.15

-0.14 (-0.08%)

14:25
06/20/18
06/20
14:25
06/20/18
14:25
Conference/Events
Senate Banking, Housing & Urban Affairs Committee to hold a hearing »

The Subcommittee on…

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03/06/13
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  • 20

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
06/20/18
06/20
14:17
06/20/18
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
06/20/18
06/20
14:16
06/20/18
14:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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DIS

Disney

$107.32

1.12 (1.05%)

, CMCSA

Comcast

$33.40

0.59 (1.80%)

14:12
06/20/18
06/20
14:12
06/20/18
14:12
Recommendations
Disney, Comcast, 21st Century Fox, 21st Century Fox analyst commentary  »

KeyBanc sees end of Fox…

DIS

Disney

$107.32

1.12 (1.05%)

CMCSA

Comcast

$33.40

0.59 (1.80%)

FOX

21st Century Fox

$47.60

3.32 (7.50%)

FOXA

21st Century Fox

$48.15

3.44 (7.69%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 20

    Jun

AAL

American Airlines

$42.19

0.68 (1.64%)

14:05
06/20/18
06/20
14:05
06/20/18
14:05
Hot Stocks
American says PSA stabilized systems Tuesday, sees close to normal ops Thursday »

In an update posted to…

03/08/13
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  • 26

    Jun

FB

Facebook

$202.95

5.49 (2.78%)

14:01
06/20/18
06/20
14:01
06/20/18
14:01
Periodicals
Facebook's Instagram hits 1B monthly active users, Recode reports »

Recode's Kurt Wagner…

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03/06/13
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03/06/13
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BDRBF

Bombardier

$0.00

(0.00%)

14:00
06/20/18
06/20
14:00
06/20/18
14:00
Conference/Events
Bombardier to make an announcement on Toronto's aerospace hub »

VP Nadolski and VP Caza…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 21

    Jun

HDP

Hortonworks

$19.77

0.17 (0.87%)

14:00
06/20/18
06/20
14:00
06/20/18
14:00
Options
Renewed call buying in HortonNetworks »

Renewed call buying in…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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WMT

Walmart

$83.65

0.05 (0.06%)

13:56
06/20/18
06/20
13:56
06/20/18
13:56
Periodicals
Walmart's tech arm expected to add 2,000 employees this year, VentureBeat says »

Walmart's technology…

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03/06/13
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03/06/13
Barclays

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13:55
06/20/18
06/20
13:55
06/20/18
13:55
Conference/Events
House Financial Services Committee to hold a hearing »

The Terrorism &…

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