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WFT

Weatherford

$4.96

-0.11 (-2.17%)

, HIG

Hartford Financial

$48.21

0.2 (0.42%)

07:30
12/22/16
12/22
07:30
12/22/16
07:30

Unusual put flow in option market yesterday

Notable put activity was cited Wednesday in Weatherford (WFT), Hartford Financial (HIG), Kinross Gold (KGC), Fiat Chrysler (FCAU), and Chemours (CC).

WFT

Weatherford

$4.96

-0.11 (-2.17%)

HIG

Hartford Financial

$48.21

0.2 (0.42%)

KGC

Kinross Gold

$2.98

-0.05 (-1.65%)

FCAU

Fiat Chrysler

$9.05

-0.03 (-0.33%)

CC

Chemours

$23.43

-1.63 (-6.50%)

  • 10

    Jan

  • 02

    Feb

WFT Weatherford
$4.96

-0.11 (-2.17%)

12/01/16
BERN
12/01/16
INITIATION
Target $7
BERN
Outperform
Weatherford initiated with an Outperform at Bernstein
Bernstein analyst Colin Davies initiated Weatherford with an Outperform and a $7 price target.
11/10/16
LYON
11/10/16
UPGRADE
LYON
Buy
Weatherford upgraded to Buy from Outperform at CLSA
11/10/16
LYON
11/10/16
UPGRADE
LYON
Buy
Weatherford upgraded to Buy from Underperform at CLSA
CLSA analyst David Havens upgraded Weatherford to Buy from Underperform and raised its price target to $8 from $5 following news that Bernard Duroc-Danner is no longer CEO. The analyst believes this is a step towards restoring investor confidence and that Weatherford could be a turnaround stock.
12/02/16
BERN
12/02/16
INITIATION
BERN
Outperform
Weatherford initiated at Bernstein
As noted earlier, Bernstein analyst Colin Davies initiated Weatherford with an Outperform rating and a $7 price target. The analyst thinks that the company is poised to benefit from the revival of the North America oil market, and he expects its revenue growth to beat expectations. He is less upbeat about the outlook for the company's margins, and his EBITDA outlook for the company is in-line with the consensus estimate. However, Davies believes that free cash flow increases and liquidity improvements can drive the stock higher in the near-term.
HIG Hartford Financial
$48.21

0.2 (0.42%)

11/28/16
FBRC
11/28/16
DOWNGRADE
Target $47
FBRC
Market Perform
Hartford Financial downgraded to Market Perform from Outperform at FBR Capital
FBR Capital analyst Randy Binner downgraded Hartford Financial to Market Perform citing valuation and keeps a $47 price target on the shares.
12/08/16
RBCM
12/08/16
UPGRADE
RBCM
Outperform
Hartford Financial upgraded to Outperform from Sector Perform at RBC Capital
11/16/16
BOFA
11/16/16
DOWNGRADE
BOFA
Neutral
Hartford Financial downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill downgraded Hartford Financial to Neutral citing valuation.
12/09/16
RBCM
12/09/16
UPGRADE
RBCM
Outperform
Hartford Financial upgraded on 2017 outlook at RBC Capital
As noted earlier, RBC Capital upgraded Hartford to Outperform from Sector Perform. Analyst Mark Dwelle says that personal auto insurance rate hikes should boost the company's margins next year, while its commercial business should continue to be "solid" and have growth potential. Target to $54 from $46.
KGC Kinross Gold
$2.98

-0.05 (-1.65%)

12/19/16
BMOC
12/19/16
DOWNGRADE
BMOC
Market Perform
Kinross Gold downgraded to Market Perform from Outperform at BMO Capital
12/05/16
SBSH
12/05/16
DOWNGRADE
Target $3.25
SBSH
Sell
Kinross Gold downgraded to Sell from Neutral at Citi
Citi analyst Alexander Hacking downgraded Kinross Gold to Sell saying the company's higher cost profile should put pressure on margins and free cash flow amid a lower gold price environment. The downgrade follows Citi's global commodity team lowering their gold and silver price forecasts based on a strong U.S. dollar outlook and the back-up in bond yields. Hacking cut his price target for Kinross shares to $3.25 from $4.
11/22/16
BOFA
11/22/16
DOWNGRADE
BOFA
Neutral
Kinross Gold downgraded to Neutral from Buy at BofA/Merrill
12/19/16
BMOC
12/19/16
DOWNGRADE
BMOC
Market Perform
Kinross Gold downgraded on gold price outlook at BMO Capital
As noted earlier, BMO Capital downgraded Kinross Gold to Market Perform from Outperform. Analyst Andrew Kaip downgraded the stock in conjunction with the firm's decision to lower its gold price outlook. Target to $3.75 from $6.50.
FCAU Fiat Chrysler
$9.05

-0.03 (-0.33%)

11/30/16
MACQ
11/30/16
INITIATION
MACQ
Underperform
Fiat Chrysler initiated with an Underperform at Macquarie
Macquarie analyst Christian Breitsprecher initiated Fiat Chrysler with an Underperform saying it remains strategically the weakest player in key markets of the US and Europe and notes it is currently in a net debt position with a sizable pension liability.
11/28/16
EVER
11/28/16
UPGRADE
EVER
Buy
Fiat Chrysler upgraded to Buy from Sell at Evercore ISI
Evercore ISI analyst George Galliers upgraded Fiat Chrysler to Buy from Sell, making the case that there is "no CEO who gives greater consideration to shareholder value" among those running automakers than Sergio Marchionne. Among the many other reasons he gives for his upgrade, Galliers notes that FCA is not exposed to financial services, and associated credit risk, in the U.S. and he believes it is less exposed to the low-margin and under-pressure passenger car segment. The analyst raised his price target on Fiat Chrysler shares to EUR10 from EUR6.
11/22/16
BREN
11/22/16
INITIATION
BREN
Hold
Fiat Chrysler initiated with a Hold at Berenberg
Price target EUR 7.70.
12/01/16
12/01/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alcoa (AA) initiated with a Sell at Deutsche Bank. 2. Akorn (AKRX) initiated with a Sell at Goldman. 3. General Motors (GM) initiated with an Outperform at Macquarie, while the firm initiated Fiat Chrysler (FCAU) with an Underperform and Ford (F) with a Neutral. 4. Mobileye (MBLY) initiated with a Buy at Needham. 5. Alarm.com (ALRM) initiated with a Buy at Maxim. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
CC Chemours
$23.43

-1.63 (-6.50%)

12/12/16
GSCO
12/12/16
DOWNGRADE
Target $27
GSCO
Neutral
Chemours downgraded to Neutral from Buy at Goldman
Goldman analyst Robert Koort downgraded Chemours to Neutral citing valuation and raised its price target to $27 from $23.
08/10/16
ARGS
08/10/16
UPGRADE
ARGS
Buy
Chemours upgraded to Buy from Hold at Argus
08/10/16
ARGS
08/10/16
UPGRADE
ARGS
Buy
Chemours upgraded on competitive advantages, valuation at Argus
As noted earlier, Argus upgraded Chemours to Buy from Hold. Analyst David Coleman believes that the company "has significant competitive advantages," while its valuation is "favorable." Target $13.
12/21/16
SUSQ
12/21/16
NO CHANGE
SUSQ
Susquehanna views court decision as 'significant' setback for Chemours
Susquehanna tells investors that a jury just found Chemours (CC) and DuPont (DD) negligent for its release of PFOA into a Plaintiff's water supply, which caused his testicular cancer. The jury awarded $2M in compensatory damages. The news is a "significant" setback for Chemours as the jury not only awarded damages but also determined that DuPont's misconduct was so severe that punitive damages are warranted, Susquehanna writes. The firm notes that Chemours is indemnifying DuPont in this litigation, thereby bearing the risk.

TODAY'S FREE FLY STORIES

MDT

Medtronic

$83.52

0.11 (0.13%)

, COTY

Coty

$19.55

0.32 (1.66%)

20:25
08/21/17
08/21
20:25
08/21/17
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

MDT

Medtronic

$83.52

0.11 (0.13%)

COTY

Coty

$19.55

0.32 (1.66%)

TOL

Toll Brothers

$38.26

0.11 (0.29%)

DSW

DSW

$15.69

-0.15 (-0.95%)

03/08/13
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03/06/13
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    Aug

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    Aug

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    Sep

ENR

Energizer

$41.24

-0.09 (-0.22%)

18:58
08/21/17
08/21
18:58
08/21/17
18:58
Hot Stocks
Energizer CEO acquires 12,112 common shares »

In a regulatory filing,…

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HOMB

Home Bancshares

$23.51

0.11 (0.47%)

, SGBK

Stonegate Bank

$46.70

0.34 (0.73%)

18:41
08/21/17
08/21
18:41
08/21/17
18:41
Hot Stocks
Home Bancshares receives regulatory approvals for merger with Stonegate Bank »

Home BancShares (HOMB)…

HOMB

Home Bancshares

$23.51

0.11 (0.47%)

SGBK

Stonegate Bank

$46.70

0.34 (0.73%)

03/08/13
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  • 18

    Sep

ADP

ADP

$102.89

-1.52 (-1.46%)

18:32
08/21/17
08/21
18:32
08/21/17
18:32
Periodicals
ADP CEO: Ackman refused to meet because he needed 'leverage,' CNBC says »

After ADP said its board…

03/08/13
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  • 11

    Sep

TWX

Time Warner

$102.11

0.92 (0.91%)

, SNAP

Snap

$13.58

-0.43 (-3.07%)

18:18
08/21/17
08/21
18:18
08/21/17
18:18
Periodicals
CNN begins streaming daily news show on Snapchat, Reuters reports »

CNN, which is owned by…

TWX

Time Warner

$102.11

0.92 (0.91%)

SNAP

Snap

$13.58

-0.43 (-3.07%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 21

    Aug

  • 24

    Aug

  • 13

    Sep

KKR

KKR

18:11
08/21/17
08/21
18:11
08/21/17
18:11
Hot Stocks
Breaking Hot Stocks news story on KKR »

ValueAct raises stake in…

03/08/13
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03/06/13
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BZUN

Baozun

$34.60

0.62 (1.82%)

18:05
08/21/17
08/21
18:05
08/21/17
18:05
Hot Stocks
Baozun reports Q2 Total Gross Merchandise Volume RMB3.604B »

An increase of 63.5%…

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

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:03
08/21/17
08/21
18:03
08/21/17
18:03
Earnings
Baozun sees Q3 revenue RMB870M-RMB910M »

The company will begin…

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

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:02
08/21/17
08/21
18:02
08/21/17
18:02
Earnings
Breaking Earnings news story on Baozun »

Baozun reports Q2…

03/08/13
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03/06/13
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03/06/13
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  • 21

    Aug

BZUN

Baozun

$34.60

0.62 (1.82%)

18:01
08/21/17
08/21
18:01
08/21/17
18:01
Earnings
Baozun reports Q2 EPS 8c, consensus 10c »

Reports Q2 revenue $131M,…

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

    Aug

KKR

KKR

18:00
08/21/17
08/21
18:00
08/21/17
18:00
Periodicals
KKR near 'clinching' $3B commitment from NYC pension system, Bloomberg says »

KKR is getting close to…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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ESV

Ensco

$4.19

-0.09 (-2.10%)

, NBL

Noble Energy

$23.54

-0.11 (-0.47%)

17:56
08/21/17
08/21
17:56
08/21/17
17:56
Hot Stocks
Ensco awarded contract by Noble Energy »

Ensco (ESV) announced…

ESV

Ensco

$4.19

-0.09 (-2.10%)

NBL

Noble Energy

$23.54

-0.11 (-0.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 29

    Aug

  • 05

    Oct

GDOT

Green Dot

$46.58

0.31 (0.67%)

17:51
08/21/17
08/21
17:51
08/21/17
17:51
Hot Stocks
Breaking Hot Stocks news story on Green Dot »

Harvest Capital reports…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

, RIG

Transocean

$7.32

-0.16 (-2.14%)

17:46
08/21/17
08/21
17:46
08/21/17
17:46
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: Ruby…

RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

RIG

Transocean

$7.32

-0.16 (-2.14%)

NDSN

Nordson

$125.12

0.99 (0.80%)

FN

Fabrinet

$39.82

-0.26 (-0.65%)

TEDU

Tarena

$18.61

0.59 (3.27%)

ZAYO

Zayo Group

$32.97

-0.08 (-0.24%)

PINC

Premier

$32.78

-0.16 (-0.49%)

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

    Aug

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    Aug

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    Aug

  • 05

    Sep

  • 06

    Sep

  • 06

    Dec

RIG

Transocean

$7.32

-0.16 (-2.14%)

17:41
08/21/17
08/21
17:41
08/21/17
17:41
Hot Stocks
Transocean director acquires 2,000 registered shares »

In a regulatory filing,…

03/08/13
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  • 29

    Aug

RDN

Radian Group

$16.46

-0.26 (-1.56%)

17:38
08/21/17
08/21
17:38
08/21/17
17:38
Hot Stocks
Radian Group CEO Thornberry buys 15,000 shares »

Radian Group CEO Richard…

03/08/13
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RT

Ruby Tuesday

$1.84

-0.06 (-3.16%)

17:38
08/21/17
08/21
17:38
08/21/17
17:38
Earnings
Ruby Tuesday reports Q4 adjusted EPS 6c vs 10c last year »

Reports Q4 revenue…

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  • 21

    Aug

  • 06

    Dec

SRNE

Sorrento Therapeutics

$1.70

-0.05 (-2.86%)

17:29
08/21/17
08/21
17:29
08/21/17
17:29
Hot Stocks
Sorrento closes transactions contemplated by contribution pact with Celularity »

Sorrento Therapeutics…

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03/06/13
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  • 28

    Aug

GPN

Global Payments

$94.57

0.81 (0.86%)

17:24
08/21/17
08/21
17:24
08/21/17
17:24
Hot Stocks
Global Payments Chairman William Jacobs sells 8,428 shares of company stock »

Global Payments Chairman…

03/08/13
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03/06/13
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03/06/13
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NOC

Northrop Grumman

$267.70

0.09 (0.03%)

17:19
08/21/17
08/21
17:19
08/21/17
17:19
Hot Stocks
Northrop Grumman awarded $328.6M government contract »

Northrop Grumman Systems…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 23

    Aug

BA

Boeing

$235.68

-0.09 (-0.04%)

17:18
08/21/17
08/21
17:18
08/21/17
17:18
Hot Stocks
Boeing awarded $349.2M government contract »

The Boeing Co.,…

03/08/13
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03/06/13
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LMT

Lockheed Martin

$301.88

2.68 (0.90%)

17:17
08/21/17
08/21
17:17
08/21/17
17:17
Hot Stocks
Lockheed Martin awarded $427M government contract »

Lockheed Martin Corp.,…

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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  • 23

    Aug

PBFX

PBF Logistics

$20.80

-0.05 (-0.24%)

17:11
08/21/17
08/21
17:11
08/21/17
17:11
Hot Stocks
Breaking Hot Stocks news story on PBF Logistics »

Carlos Slim reports 5.1%…

03/08/13
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03/06/13
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03/06/13
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VZ

Verizon

$48.14

0.45 (0.94%)

17:10
08/21/17
08/21
17:10
08/21/17
17:10
Periodicals
Yahoo owes $5.5M to SCA Promotions after backing out of contract, Reuters says »

The 5th U.S. Circuit…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 30

    Aug

  • 31

    Aug

  • 06

    Sep

  • 19

    Sep

XOM

Exxon Mobil

$76.38

-0.26 (-0.34%)

17:07
08/21/17
08/21
17:07
08/21/17
17:07
Hot Stocks
Exxon Mobil says fire at a refinery in Botlek, Rotterdam 

Reference Link

03/08/13
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03/06/13
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  • 27

    Oct

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