Breaking News Instant updates and real-time market news.

GWW

Grainger

$214.58

0.37 (0.17%)

07:39
10/18/16
10/18
07:39
10/18/16
07:39

Grainger reports daily sales up 3% in July, up 4% in August, flat in September

Grainger reports company sales for the quarter increased 3%. Daily sales performance by month was as follows: up 3% in July, up 4% in August and flat in September. Excluding the Cromwell acquisition in the first two months of the quarter, sales performance by month was down 1% in July, up 1% in August and flat in September. Results for the quarter included 2 percentage points from the Cromwell acquisition, which was anniversaried on September 1, and 1 percentage point contribution from foreign exchange. Excluding acquisitions and foreign exchange, organic sales were flat consisting of a 1 percentage point contribution from sales of seasonal products offset by a 1 percentage point decline in price.

  • 14

    Nov

  • 15

    Nov

  • 16

    Nov

  • 17

    Nov

  • 18

    Nov

GWW Grainger
$214.58

0.37 (0.17%)

06/17/16
FBCO
06/17/16
DOWNGRADE
FBCO
Neutral
Grainger downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Andrew Buscaglia assumed coverage on Grainger with a Neutral rating from an Outperform rating citing margin pressures and weak pricing in the U.S. Buscaglia has a $222 price target on Grainger shares.
06/17/16
06/17/16
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. Phillips 66 (PSX) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Evan Calo citing relative share outperformance year-to-date. 2. Grainger (GWW) downgraded to Neutral from Outperform at Credit Suisse with analyst Andrew Buscaglia citing margin pressures and weak pricing in the U.S. 3. Talen Energy (TLN) downgraded to Equal Weight from Overweight at Barclays with analyst Daniel Ford citing valuation, among other reasons. 4. MSC Industrial (MSM) downgraded to Underperform from Neutral at Credit Suisse with analyst Andrew Buscaglia saying stabilizing trends are largely priced in. 5. ONEOK (OKE) downgraded to Hold from Buy at Argus with analyst Stephen Bigger citing the strong run-up in shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/25/16
MACQ
08/25/16
INITIATION
Target $274
MACQ
Outperform
Grainger initiated with an Outperform at Macquarie
Macquarie analyst Hamzah Mazari initiated Grainger with an Outperform and $274 price target.
09/08/16
GSCO
09/08/16
NO CHANGE
GSCO
Goldman's Focus List changes
Goldman added Acuity Brands (AYI) & Facebook (FB) to the Focus List and removed Biogen (BIIB), BorgWarner (BWA), Monsanto (MON), and Grainger (GWW). The bank commented Acuity is a beneficiary of the Low Carbon Economy and said Facebook ranks as a low asset-light tech disruptor that is able to leverage its world-leading user base and mobile users to monetize long-term growth.

TODAY'S FREE FLY STORIES

TYL

Tyler Technologies

$187.95

0.06 (0.03%)

06:25
01/16/18
01/16
06:25
01/16/18
06:25
Recommendations
Tyler Technologies analyst commentary  »

Tyler Technologies price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Jan

  • 26

    Feb

FCAU

Fiat Chrysler

$23.39

-0.03 (-0.13%)

06:25
01/16/18
01/16
06:25
01/16/18
06:25
Periodicals
Fiat Chrysler's Marchionne says new CEO to be named this year, AP reports »

Fiat Chrysler CEO Sergio…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NFLX

Netflix

$221.23

3.99 (1.84%)

, NTDOY

Nintendo

$50.40

0.69 (1.39%)

06:25
01/16/18
01/16
06:25
01/16/18
06:25
Periodicals
Netflix 'exploring' possibility of launching on Nintendo Switch, Polygon says »

In a statement sent to…

NFLX

Netflix

$221.23

3.99 (1.84%)

NTDOY

Nintendo

$50.40

0.69 (1.39%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Jan

  • 22

    Jan

USO

United States Oil Fund

$12.87

0.17 (1.34%)

06:24
01/16/18
01/16
06:24
01/16/18
06:24
Technical Analysis
United States Oil Fund: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

XOP

SPDR Oil Exploration and Production Fund

$39.72

0.32 (0.81%)

06:23
01/16/18
01/16
06:23
01/16/18
06:23
Technical Analysis
SPDR Oil Exploration and Production Fund: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NOW

ServiceNow

$138.19

0.61 (0.44%)

06:23
01/16/18
01/16
06:23
01/16/18
06:23
Recommendations
ServiceNow analyst commentary  »

ServiceNow price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 31

    Jan

BBY

Best Buy

$73.25

1.54 (2.15%)

, WMT

Walmart

$100.87

0.85 (0.85%)

06:23
01/16/18
01/16
06:23
01/16/18
06:23
Recommendations
Best Buy, Walmart, Sears analyst commentary  »

Best Buy price target…

BBY

Best Buy

$73.25

1.54 (2.15%)

WMT

Walmart

$100.87

0.85 (0.85%)

SHLD

Sears

$3.60

0.28 (8.43%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Feb

DGAZ

VelocityShares 3x Inv Natural Gas ETN

$22.78

-1.87 (-7.59%)

06:23
01/16/18
01/16
06:23
01/16/18
06:23
Technical Analysis
VelocityShares 3x Inv Natural Gas ETN: Pivot points, pivot high broken »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UGAZ

VelocityShares 3x Long Natural Gas ETN

$82.04

5.36 (6.99%)

06:21
01/16/18
01/16
06:21
01/16/18
06:21
Technical Analysis
VelocityShares 3x Long Natural Gas ETN: Pivot points, pivot low broken »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ULTI

Ultimate Software

$226.28

-0.88 (-0.39%)

06:21
01/16/18
01/16
06:21
01/16/18
06:21
Recommendations
Ultimate Software analyst commentary  »

Ultimate Software price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Feb

  • 26

    Feb

AWK

American Water

$80.83

-3.91 (-4.61%)

06:21
01/16/18
01/16
06:21
01/16/18
06:21
Earnings
American Water affirms FY17 adjusted EPS view $3.00-$3.06, consensus $3.01 »

Updates FY17 GAAP EPS…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FB

Facebook

$179.37

-8.4 (-4.47%)

06:21
01/16/18
01/16
06:21
01/16/18
06:21
Periodicals
Facebook VP says newsfeed changes will help users better connect, Wired reports »

Adam Mosseri, VP in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Jan

  • 23

    Jan

  • 31

    Jan

  • 07

    Feb

EWZ

MSCI Brazil Index

$43.23

0.13 (0.30%)

06:20
01/16/18
01/16
06:20
01/16/18
06:20
Technical Analysis
MSCI Brazil Index: Pivot points, pivot high broken »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

INFY

Infosys

$16.81

-0.46 (-2.66%)

06:20
01/16/18
01/16
06:20
01/16/18
06:20
Upgrade
Infosys rating change  »

Infosys upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RDS.A

Royal Dutch Shell

$70.88

1.04 (1.49%)

, RDS.B

Royal Dutch Shell

$72.70

0.97 (1.35%)

06:19
01/16/18
01/16
06:19
01/16/18
06:19
Hot Stocks
Shell announces redevelopment of Penguins field in U.K.'s North Sea »

Royal Dutch Shell plc…

RDS.A

Royal Dutch Shell

$70.88

1.04 (1.49%)

RDS.B

Royal Dutch Shell

$72.70

0.97 (1.35%)

XOM

Exxon Mobil

$87.52

0.59 (0.68%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EFA

iShares MSCI EAFE Index Fund

$73.50

0.73 (1.00%)

06:19
01/16/18
01/16
06:19
01/16/18
06:19
Technical Analysis
iShares MSCI EAFE Index Fund: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LECO

Lincoln Electric

$97.87

0.4 (0.41%)

06:19
01/16/18
01/16
06:19
01/16/18
06:19
Upgrade
Lincoln Electric rating change  »

Lincoln Electric upgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

INFO

IHS Markit

$47.85

0.39 (0.82%)

06:19
01/16/18
01/16
06:19
01/16/18
06:19
Hot Stocks
IHS Markit sees FY18 CapEx approximately 6%-7% of revenue »

Sees FY18 free cash flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Jan

  • 16

    Jan

JNK

SPDR Barclays High Yield Bond

$36.86

-0.06 (-0.16%)

06:18
01/16/18
01/16
06:18
01/16/18
06:18
Technical Analysis
SPDR Barclays High Yield Bond: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MDRX

Allscripts

$16.03

0.09 (0.56%)

06:18
01/16/18
01/16
06:18
01/16/18
06:18
Downgrade
Allscripts rating change  »

Allscripts downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 15

    Feb

CERN

Cerner

$72.90

0.26 (0.36%)

06:18
01/16/18
01/16
06:18
01/16/18
06:18
Downgrade
Cerner rating change  »

Cerner downgraded to Hold…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Feb

SJB

ProShares Short High Yield

$23.03

0.033 (0.14%)

06:18
01/16/18
01/16
06:18
01/16/18
06:18
Technical Analysis
ProShares Short High Yield: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ITRN

Ituran

$35.30

1.25 (3.67%)

06:18
01/16/18
01/16
06:18
01/16/18
06:18
Conference/Events
Ituran management to meet with Drexel Hamilton »

Meeting to be held in the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 16

    Jan

  • 17

    Jan

  • 17

    Jan

AN

AutoNation

$57.96

0.26 (0.45%)

06:17
01/16/18
01/16
06:17
01/16/18
06:17
Hot Stocks
AutoNation sees benefit of about 80c-$1.10 per share in FY18 from tax reform »

AutoNation announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 01

    Feb

HYG

iShares iBoxx $ High Yield Corporate Bond

$87.58

-0.15 (-0.17%)

06:17
01/16/18
01/16
06:17
01/16/18
06:17
Technical Analysis
iShares iBoxx $ High Yield Corporate Bond: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.