Breaking News Instant updates and real-time market news.

SYF

Synchrony

16:32
05/18/17
05/18
16:32
05/18/17
16:32

Synchrony ups quarterly dividend to 15c per share, approves $1.64B share buyback

Synchrony Financial announced that its board of directors intends to increase the quarterly cash dividend to 15c per share of common stock, commencing the third quarter of 2017, and has approved a share repurchase program of up to $1.64B through June 30, 2018. The company expects to make share repurchases from time to time subject to market conditions and other factors, including legal and regulatory restrictions and required approvals.

  • 18

    May

  • 18

    May

  • 19

    May

  • 31

    May

SYF Synchrony

05/01/17
DADA
05/01/17
NO CHANGE
DADA
Synchrony should be bought on weakness, says DA Davidson
After Synchrony's stock sank about 16% on concerns about the company's credit metrics, DA Davidson analyst Arren Cyganovich says that the increase in the company's reserves were larger than necessary. He thinks that the risk of future increases in the company's net chargeoffs has been reduced, and he remains upbeat on the company's fundamentals. Cyganovich cut his price target on the shares to $41 from $45 but recommends buying the stock on weakness.
05/01/17
SPHN
05/01/17
DOWNGRADE
SPHN
Equal Weight
Synchrony downgraded on results, headwinds at Stephens
As noted earlier, Stephens downgraded Synchrony to Equal Weight from Overweight . Analyst Vincent Caintic downgraded the stock based on the increase in the company's net chargeoff rate and his belief that it faces additional headwinds going forward, including lack of credibility on credit metrics and a lack of positive catalysts through 2019. Target to $29 from $44.
05/01/17
05/01/17
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. Booz Allen (BAH), L3 Technologies (LLL), and Harris (HRS) downgraded to Equal Weight from Overweight at Barclays. 2. Synchrony (SYF) downgraded to Neutral from Conviction Buy at Goldman Sachs and to Equal Weight from Overweight at Stephens. 3. Regions Financial (RF) downgraded to Neutral from Outperform at Wedbush with analyst Peter Winter saying a number of the company's businesses are generating lower than expected revenue, while the bank could be hurt by pressure on Treasury yields. 4. Thomson Reuters (TRI) downgraded to Hold from Buy at Canaccord with analyst Aravinda Galappatthige citing valuation and maintained a $47 price target. 5. FirstEnergy (FE) downgraded to In Line from Outperform at Evercore ISI and to Neutral from Overweight at JPMorgan. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/03/17
GUGG
05/03/17
DOWNGRADE
GUGG
Neutral
Synchrony downgraded to Neutral from Buy at Guggenheim

TODAY'S FREE FLY STORIES

RCII

Rent-A-Center

$10.64

0.11 (1.04%)

11:55
10/20/17
10/20
11:55
10/20/17
11:55
Options
Rent A Center put volume heavy and directionally bearish »

Bearish flow noted 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

  • 31

    Oct

11:50
10/20/17
10/20
11:50
10/20/17
11:50
General news
NY Fed GDP forecasts trimmed: »

NY Fed GDP forecasts…

CTL

CenturyLink

$18.82

0.33 (1.78%)

11:40
10/20/17
10/20
11:40
10/20/17
11:40
Options
Serious call buying in CenturyLink »

Serious call buying 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

FB

Facebook

$174.56

-1.47 (-0.84%)

11:39
10/20/17
10/20
11:39
10/20/17
11:39
Periodicals
New Facebook feature Sets to rival Pinterest, TechCrunch reports »

A new Facebook feature…

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

  • 22

    Oct

  • 24

    Oct

  • 01

    Nov

  • 08

    Nov

  • 15

    Nov

SHW

Sherwin-Williams

$388.13

0.5634 (0.15%)

11:33
10/20/17
10/20
11:33
10/20/17
11:33
Periodicals
Clearfield's Hilal pitches Sherwin-Williams as long idea, Bloomberg says »

Clearfield Capital's…

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

  • 24

    Oct

  • 30

    Oct

THFF

First Financial

$48.00

-0.05 (-0.10%)

11:30
10/20/17
10/20
11:30
10/20/17
11:30
Hot Stocks
First Financial declares special dividend of $1.50 per share »

The directors of First…

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

TLT

iShares 20+ Year Treasury Bond Fund

$125.31

0.22 (0.18%)

11:30
10/20/17
10/20
11:30
10/20/17
11:30
Options
iShares Longer-term Bond ETF with notable put activity as shares fall »

iShares Longer-term Bond…

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

SNAP

Snap

$15.36

0.11 (0.72%)

11:21
10/20/17
10/20
11:21
10/20/17
11:21
Periodicals
Snap makes more employee cuts, plans to slow hiring in 2018, BI reports »

Snap has laid off 18…

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

  • 24

    Oct

  • 07

    Nov

  • 08

    Nov

  • 15

    Nov

S

Sprint

$7.00

-0.075 (-1.06%)

11:20
10/20/17
10/20
11:20
10/20/17
11:20
Options
Defensive option play opened in Sprint »

Defensive option play…

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

    Nov

  • 07

    Nov

  • 07

    Nov

  • 16

    May

11:20
10/20/17
10/20
11:20
10/20/17
11:20
General news
Treasury Action: 3-year note is special in repo and fails rose to record highs »

Treasury Action: 3-year…

HNHPF

Hon Hai Precision

$7.28

-0.21 (-2.80%)

, AAPL

Apple

$155.98

-3.78 (-2.37%)

11:19
10/20/17
10/20
11:19
10/20/17
11:19
Periodicals
Foxconn chairman, Apple CEO intend to meet in Taiwan this month, Nikkei says »

Foxconn (HNHPF) chairman…

HNHPF

Hon Hai Precision

$7.28

-0.21 (-2.80%)

AAPL

Apple

$155.98

-3.78 (-2.37%)

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

  • 22

    Oct

  • 02

    Nov

FDC

First Data

$18.96

0.505 (2.74%)

11:18
10/20/17
10/20
11:18
10/20/17
11:18
Upgrade
First Data rating change  »

Follow-up: First Data…

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

  • 22

    Oct

  • 30

    Oct

$NSD

NASDAQ Market Internals

11:17
10/20/17
10/20
11:17
10/20/17
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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

$NYE

NYSE Market Internals

11:16
10/20/17
10/20
11:16
10/20/17
11:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

IBDRY

Iberdrola

$31.72

0.165 (0.52%)

, SIEGY

Siemens

$69.58

-0.295 (-0.42%)

11:11
10/20/17
10/20
11:11
10/20/17
11:11
Periodicals
Iberdrola calls for change at Siemens Gamesa after profit warning, Reuters says »

Iberdrola (IBDRY) has…

IBDRY

Iberdrola

$31.72

0.165 (0.52%)

SIEGY

Siemens

$69.58

-0.295 (-0.42%)

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

SE

Sea Limited

11:11
10/20/17
10/20
11:11
10/20/17
11:11
Syndicate
Breaking Syndicate news story on Sea Limited »

Sea Limited opens at…

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

    Oct

SE

Sea Limited

11:10
10/20/17
10/20
11:10
10/20/17
11:10
Syndicate
Breaking Syndicate news story on Sea Limited »

Sea Limited indicated 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

  • 20

    Oct

XLF

Financial Select Sector

$26.55

0.22 (0.84%)

11:10
10/20/17
10/20
11:10
10/20/17
11:10
Options
SPDR Financial calls outpace puts 13:1 as shares reach multi-year highs »

SPDR Financial calls…

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

REDU

RISE Education Cayman

11:03
10/20/17
10/20
11:03
10/20/17
11:03
Syndicate
Breaking Syndicate news story on RISE Education Cayman »

RISE Education Cayman…

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

    Oct

AEG

AEGON

$5.84

-0.06 (-1.02%)

11:00
10/20/17
10/20
11:00
10/20/17
11:00
Periodicals
ASR rebuffs Aegon takeover approach, Reuters says »

Aegon had approached…

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

11:00
10/20/17
10/20
11:00
10/20/17
11:00
Options
10K PHLX Gold and Silver Mining Index Nov 82.5 puts bought for $1.04 »

10K PHLX Gold and Silver…

11:00
10/20/17
10/20
11:00
10/20/17
11:00
General news
Euro$ interest rate futures are on the defensive again »

Euro$ interest rate…

NSC

Norfolk Southern

$132.03

1.79 (1.37%)

10:50
10/20/17
10/20
10:50
10/20/17
10:50
Options
Bullish theme in the railroad names continues »

Bullish theme 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

  • 25

    Oct

DHXM

DHX Media

$3.60

-0.1999 (-5.26%)

10:48
10/20/17
10/20
10:48
10/20/17
10:48
Hot Stocks
DHX Media 'not aware' of material undisclosed information related to company »

DHX Media, in response 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

  • 26

    Oct

SE

Sea Limited

10:46
10/20/17
10/20
10:46
10/20/17
10:46
Syndicate
Breaking Syndicate news story on Sea Limited »

Sea Limited indicated 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

  • 20

    Oct

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.