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JBLU

JetBlue

$22.78

0.27 (1.20%)

08:02
01/12/17
01/12
08:02
01/12/17
08:02

JetBlue reports preliminary December traffic up 4.5%, capacity up 3.1%

JetBlue Airways Corporation reported its preliminary traffic results for December 2016. Traffic in December increased 4.5 percent from December 2015, on a capacity increase of 3.1 percent. Load factor for December 2016 was 84.1 percent, an increase of 1.1 points from December 2015. JetBlue's preliminary completion factor was 99.0 percent and its on-time performance was 71.3 percent. JetBlue's preliminary revenue per available seat mile for the month of December decreased approximately one and a half percent year over year.

JBLU JetBlue
$22.78

0.27 (1.20%)

12/21/16
12/21/16
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. Procter & Gamble (PG) downgraded to Hold from Buy at Stifel with analyst Astrachan citing "recent negative FX movement, moderate anticipated input cost inflation, and continued heightened geopolitical uncertainty." 2. JetBlue (JBLU) downgraded to Market Perform from Outperform at Raymond James with analyst Savanthi Syth saying shares will be range bound near-term due to RASM pressures from capacity growth new market expansion, and increased cost inflation. 3. Barrick Gold (ABX) downgraded to Hold from Buy at TD Securities analyst Greg Barnes saying shares have significantly outperformed in 2016 and sees fewer company-specific catalysts in 2017. 4. New York Community Bancorp (NYCB) and Astoria Financial (AF) were downgraded to Underperform at FBR Capital. 5. Goldman Sachs (GS) and U.S. Bancorp (USB) were downgraded to Neutral from Overweight at Atlantic Equities. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/04/17
COWN
01/04/17
DOWNGRADE
Target $23
COWN
Market Perform
JetBlue downgraded to Market Perform from Outperform at Cowen
Cowen analyst Helane Becker downgraded JetBlue to Market Perform from Outperform based on valuation. Becker maintained her $23 price target on JetBlue shares.
01/04/17
01/04/17
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. JPMorgan analyst Richard Vosser downgraded Novartis (NVS) to Neutral from Overweight saying pressures on the company's business are mounting. The pressure from generic erosion in 2017 "remains high" with an estimated $2.3B of sales expected to be lost to generics, said Vosser, who sees "significant downside" to consensus estimates for Novartis. 2. BofA Merrill Lynch analyst Lisa Lewandowski downgraded Philip Morris (PM) to Neutral from Buy and lowered its price target to $96 from $102 citing concerns from the strong U.S. dollar, less impact from an overhaul in U.S. tax policy versus peers, underperformance in combustible tobacco volumes, increasing heat-not-burn competition, a rotation out of defensive/bond proxy assets, and debt convent constraints. 3. Jefferies analyst Andy Barish downgraded Dunkin' Brands (DNKN) to Underperform from Hold, saying he does not believe the company's same-store-sales have broken out above 2% while its international growth has been disappointing. Barish also downgraded Cheesecake Factory (CAKE) to Underperform, citing the 15% post-election rally with no change in fundamentals along with the company's "significant" mall exposure. 4. Evercore ISI downgraded Intuitive Surgical (ISRG) to Hold from Buy and lowered its price target to $690 from $780, with analyst Vijay Kumar saying he expects 2017 to be one of the most challenging for healthcare in general, with the sector facing issues ranging from ACA repeal to border tax reform to interest expense deductibility. 5. Cowen analyst Helane Becker downgraded a number of airline stocks, including United Continental (UAL), JetBlue (JBLU), Alaska Air (ALK) and American Airlines (AAL), to Market Perform from Outperform based on valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/10/17
DBAB
01/10/17
NO CHANGE
DBAB
Airline stocks should benefit from fiscal stimulus, says Deutsche Bank
Deutsche Bank analyst Michael Linenberg believes stronger GDP growth in 2017, helped by fiscal stimulus initiatives, should be good for economically-sensitive stocks such as airlines. Companies that are domestic-oriented, pay cash taxes, have low financial leverage and can take advantage of bonus depreciation should outperform, Linenberg tells investors in a research note. He likes shares of Southwest (LUV), JetBlue (JBLU), Spirit Airlines (SAVE), Allegiant Travel (ALGT) and Alaska Air (ALK). Delta Air Lines (DAL) is his top pick among the majors.

TODAY'S FREE FLY STORIES

MGPI

MGP Ingredients

$74.01

0.25 (0.34%)

13:13
12/12/17
12/12
13:13
12/12/17
13:13
Conference/Events
MGP Ingredients management to meet with Craig-Hallum »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 14

    Dec

13:05
12/12/17
12/12
13:05
12/12/17
13:05
General news
30-Yr Bond Auction Coupon Rate data reported »

30-Yr Bond Auction Coupon…

13:05
12/12/17
12/12
13:05
12/12/17
13:05
General news
30-Yr Bond Auction Total Amount data reported »

30-Yr Bond Auction Total…

RIOT

Riot Blockchain

$23.08

7.22 (45.52%)

13:05
12/12/17
12/12
13:05
12/12/17
13:05
Options
Riot Blockchain Inc call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/06/13
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03/06/13
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TWTR

Twitter

$21.88

-0.175 (-0.79%)

13:03
12/12/17
12/12
13:03
12/12/17
13:03
Hot Stocks
Twitter adds plus button to simplify making Tweet threads »

Twitter said in a blog…

03/08/13
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  • 23

    Jan

LLY

Eli Lilly

$86.39

-0.28 (-0.32%)

13:03
12/12/17
12/12
13:03
12/12/17
13:03
Hot Stocks
Eli Lilly Canada announces approval of Entuzity KwikPen »

Eli Lilly Canada…

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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  • 13

    Dec

  • 18

    Jan

  • 31

    Jan

FDC

First Data

$16.60

0.175 (1.07%)

13:02
12/12/17
12/12
13:02
12/12/17
13:02
Conference/Events
First Data management to meet with Craig-Hallum »

Meetings to be held in…

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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  • 13

    Dec

  • 13

    Dec

  • 14

    Dec

WLL

Whiting Petroleum

$24.33

-1.2431 (-4.86%)

13:01
12/12/17
12/12
13:01
12/12/17
13:01
Downgrade
Whiting Petroleum rating change  »

Whiting Petroleum…

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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12:55
12/12/17
12/12
12:55
12/12/17
12:55
Conference/Events
FCC to ho ld a council meeting »

The Communications…

RPD

Rapid7

$18.77

0.03 (0.16%)

12:55
12/12/17
12/12
12:55
12/12/17
12:55
Conference/Events
Rapid7 to host analyst day »

Analyst Day to be held in…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 12

    Dec

EPAY

Bottomline Technologies

$33.86

0.08 (0.24%)

12:54
12/12/17
12/12
12:54
12/12/17
12:54
Conference/Events
Bottomline Technologies management to meet with Craig-Hallum »

Meeting to be held in…

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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  • 13

    Dec

SPX

S&P 500

, SPY

SPDR S&P 500 ETF Trust

$267.13

0.82 (0.31%)

12:51
12/12/17
12/12
12:51
12/12/17
12:51
Hot Stocks
Senator Paul says tax cuts 'are never the problem' »

Senator Rand Paul just…

SPX

S&P 500

SPY

SPDR S&P 500 ETF Trust

$267.13

0.82 (0.31%)

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

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12:50
12/12/17
12/12
12:50
12/12/17
12:50
General news
Senator Rand Paul tweet »

Senator Rand Paul tweet…

SPX

S&P 500

, SPY

SPDR S&P 500 ETF Trust

$266.94

0.63 (0.24%)

12:45
12/12/17
12/12
12:45
12/12/17
12:45
Hot Stocks
Senator Paul tweets opposition to bills that add to deficit »

Senator Rand Paul just…

SPX

S&P 500

SPY

SPDR S&P 500 ETF Trust

$266.94

0.63 (0.24%)

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

IBM

$157.33

1.92 (1.24%)

12:45
12/12/17
12/12
12:45
12/12/17
12:45
Options
IBM call volume above normal and directionally bullish »

Bullish option flow…

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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  • 12

    Dec

12:35
12/12/17
12/12
12:35
12/12/17
12:35
General news
Treasury 30-year auction preview: the auction is likely to see average results »

Treasury 30-year auction…

KMT

Kennametal

$47.39

1.43 (3.11%)

12:20
12/12/17
12/12
12:20
12/12/17
12:20
Earnings
Kennametal sees FY21 adjusted sales growing to $2.5B-$2.6B »

Sees adjusted gross…

03/08/13
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  • 12

    Dec

KMX

CarMax

$67.59

-0.38 (-0.56%)

12:20
12/12/17
12/12
12:20
12/12/17
12:20
Options
Short-term put buying in Carmax »

Short-term put buying in…

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

    Dec

KMT

Kennametal

$47.38

1.415 (3.08%)

12:18
12/12/17
12/12
12:18
12/12/17
12:18
Earnings
Kennametal sees FY18 adjusted sales $2.2B-$2.275B, consensus $2.24B »

Sees FY18 adjusted gross…

03/08/13
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  • 12

    Dec

$NSD

NASDAQ Market Internals

12:17
12/12/17
12/12
12:17
12/12/17
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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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$NYE

NYSE Market Internals

12:16
12/12/17
12/12
12:16
12/12/17
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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FNF

FNF Group

$40.39

-0.24 (-0.59%)

12:15
12/12/17
12/12
12:15
12/12/17
12:15
Conference/Events
FNF Group management to meet with Piper Jaffray »

Meeting to be held in…

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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  • 13

    Dec

12:10
12/12/17
12/12
12:10
12/12/17
12:10
Conference/Events
Morgan Stanley consumer/tobacco analyst has an analyst/industry conference call »

U.S. Food &…

VLKAY

Volkswagen

$40.48

0.38 (0.95%)

12:10
12/12/17
12/12
12:10
12/12/17
12:10
Periodicals
VW-owned Scania appeals EUR880M EU fine over price fixing, Reuters reports »

Scania, which is owned by…

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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AKS

AK Steel

$5.37

-0.035 (-0.65%)

12:10
12/12/17
12/12
12:10
12/12/17
12:10
Options
Change of sentiment in AK Steel »

Change of sentiment in AK…

03/08/13
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03/06/13
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