Breaking News Instant updates and real-time market news.

MJN

Acquired by RBGLY 6/17

, RBGLY

Reckitt Benckiser

$20.40

-0.25 (-1.21%)

09:33
06/12/17
06/12
09:33
06/12/17
09:33

Final approval received for acquisition of Mead Johnson by Reckitt Benckiser

Mead Johnson Nutrition (MJN) announced that the final regulatory approval has been received in order to complete its acquisition by Reckitt Benckiser (RBGLY). The transaction is expected to close on Thursday, June 15, subject to the satisfaction of customary closing conditions at such time.

MJN

Acquired by RBGLY 6/17

RBGLY

Reckitt Benckiser

$20.40

-0.25 (-1.21%)

MJN Acquired by RBGLY 6/17

04/27/17
04/27/17
NO CHANGE

Mead Johnson reports Q1 EPS ex-items 80c, consensus 80c
Reports Q1 revenue $883.5M, consensus $911.52M.
04/03/17
WELS
04/03/17
DOWNGRADE
WELS
Market Perform
Mead Johnson downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst John Baumgartner downgraded Mead Johnson to Market Perform saying he expects the takeover by Reckitt Benckiser to close for $90 per share as announced after the FTC granted antitrust clearance. He does not expect a higher bid and upped his price target for Mead shares to $89-$90 from $81-$82.
03/06/17
FBCO
03/06/17
DOWNGRADE
Target $90
FBCO
Neutral
Mead Johnson downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Robert Moskow downgraded Mead Johnson to Neutral from Outperform following the company's agreement to sell the business to Reckitt Benckiser. The analyst places a high probability on the deal closing in Q3, consistent with management's guidance. He also raised his price target on Mead Johnson's shares to $90 from $82.
03/06/17
SBSH
03/06/17
DOWNGRADE
Target $90
SBSH
Neutral
Mead Johnson downgraded to Neutral from Buy at Citi
Citi analyst David Driscoll downgraded Mead Johnson to Neutral citing the announced takeover offer from Reckitt Benckiser. The analyst raised his price target for the shares to $90 from $83 and sees limited upside potential.
RBGLY Reckitt Benckiser
$20.40

-0.25 (-1.21%)

02/06/17
RBCM
02/06/17
DOWNGRADE
RBCM
Underperform
Reckitt Benckiser downgraded to Underperform from Sector Perform at RBC Capital
RBC Capital analyst James Edwardes Jones downgraded Reckitt Benckiser to Underperform with a price target of GBP 6,300.
02/02/17
WBLR
02/02/17
NO CHANGE
WBLR
Wyeth Nutrition deal implies $100/share price for Mead, says William Blair
William Blair analyst Jon Andersen says Nestle's (NSRGY) acquisition of Wyeth Nutrition a few years ago, done at 20 times EBITDA, implies a Mead Johnson (MJN) takeover price closer to $100 per share. Reckitt Benckiser (RBGLY) appears to have the financial capacity to get a deal done, Andersen tells investors in a research note after both the company and Mead confirmed the deal talks. The analyst has an Outperform rating on Mead.
02/02/17
SBSH
02/02/17
NO CHANGE
Target $83
SBSH
Buy
Citi calls $90/share price not 'all that great' for Mead Johnson
A deal price for Mead Johnson (MJN) of $90 per share "doesn't seem all that great" given that the shares were at $92 back in July of 2016 and hit $105 in February 2015, Citi analyst David Driscoll tells investors in a research note after Reckitt Benckiser (RBGLY) confirmed overnight that it is in "advanced negotiations" to buy the baby formula maker for $90 per share. The analyst believes Mead shares could be valued at $112 in a takeover. "It is quite easy to wonder if Reckitt isn't coming along at a most opportune time when Mead's EBITDA is depressed, but on a road to recovery," Driscoll writes. The analyst thinks interest from other bidders is likely with press reports as recently as two weeks ago suggesting Nestle (NSRGY) had interest in Mead while other reports suggested interest from Danone (DANOY). Driscoll even ponders if Kraft Heinz (KHC) may "come out of the shadows." In pre-market trading, Mead shares are up 24%, or $16.50, to $86
01/25/17
BREN
01/25/17
UPGRADE
BREN
Buy
Reckitt Benckiser upgraded to Buy from Hold at Berenberg
Price target 7,900p.

TODAY'S FREE FLY STORIES

BXE

Bellatrix Exploration

$2.40

-0.03 (-1.23%)

17:49
08/16/17
08/16
17:49
08/16/17
17:49
Hot Stocks
Bellatrix Exploration regains NYSE minimum price compliance »

Bellatrix Exploration…

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

NTAP

NetApp

$42.41

0.44 (1.05%)

17:48
08/16/17
08/16
17:48
08/16/17
17:48
Hot Stocks
NetApp says headwind for services revenue to decrease in coming quarters »

Comments from Q1 earnings…

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

    Aug

  • 06

    Sep

  • 14

    Sep

ACHN

Achillion

$4.88

-0.12 (-2.40%)

17:45
08/16/17
08/16
17:45
08/16/17
17:45
Conference/Events
Achillion management to meet with William Blair »

Group dinner to be held…

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

    Aug

BCOR

Blucora

$23.35

0.1 (0.43%)

, BBOX

Black Box

$3.75

-0.25 (-6.25%)

17:35
08/16/17
08/16
17:35
08/16/17
17:35
Hot Stocks
On The Fly: After Hours Movers »

HIGHER: Blucora (BCOR),…

BCOR

Blucora

$23.35

0.1 (0.43%)

BBOX

Black Box

$3.75

-0.25 (-6.25%)

BGG

Briggs & Stratton

$24.09

0.29 (1.22%)

LB

L Brands

$39.55

0.5 (1.28%)

VIPS

Vipshop

$11.10

-0.07 (-0.63%)

SPTN

SpartanNash

$25.96

0.07 (0.27%)

SNPS

Synopsys

$79.09

0.86 (1.10%)

CSCO

Cisco

$32.34

0.25 (0.78%)

NTAP

NetApp

$42.41

0.44 (1.05%)

LAKE

Lakeland Industries

$15.65

-0.25 (-1.57%)

GCP

GCP Applied Technologies

$28.75

0.1 (0.35%)

FNGN

Financial Engines

$34.35

-0.1 (-0.29%)

ACHC

Acadia

$51.68

-0.33 (-0.63%)

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

    Aug

  • 16

    Aug

  • 16

    Aug

  • 17

    Aug

  • 17

    Aug

  • 17

    Aug

  • 29

    Aug

  • 06

    Sep

  • 06

    Sep

  • 06

    Sep

  • 14

    Sep

  • 30

    Nov

  • 17

    Aug

  • 17

    Aug

  • 17

    Aug

ANDX

Andeavor Logistics

$46.94

0.12 (0.26%)

, WNRL

Western Refining Logistics

$24.25

0.1 (0.41%)

17:26
08/16/17
08/16
17:26
08/16/17
17:26
Upgrade
Andeavor Logistics, Western Refining Logistics rating change  »

Andeavor Logistics…

ANDX

Andeavor Logistics

$46.94

0.12 (0.26%)

WNRL

Western Refining Logistics

$24.25

0.1 (0.41%)

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

GD

General Dynamics

$200.61

1.12 (0.56%)

17:22
08/16/17
08/16
17:22
08/16/17
17:22
Hot Stocks
General Dynamics awarded $115.3M government contract modification »

General Dynamics Electric…

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

  • 23

    Aug

BLVD

Boulevard Acquisition

$10.04

-0.01 (-0.10%)

17:17
08/16/17
08/16
17:17
08/16/17
17:17
Hot Stocks
Breaking Hot Stocks news story on Boulevard Acquisition »

Glazer Capital reports…

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

FMBH

First Mid-Illinois Bancshares

$34.85

-0.33 (-0.94%)

17:17
08/16/17
08/16
17:17
08/16/17
17:17
Syndicate
First Mid-Illinois Bancshares files to sell $20M of common stock 'at-the-market' »

First Mid-Illinois…

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

    Sep

NCOM

National Commerce

$39.55

0.1 (0.25%)

17:16
08/16/17
08/16
17:16
08/16/17
17:16
Hot Stocks
National Commerce, FirstAtlantic Financial sign definitive merger agreement »

National Commerce…

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

    Sep

AMGN

Amgen

$171.39

1.35 (0.79%)

17:13
08/16/17
08/16
17:13
08/16/17
17:13
Hot Stocks
Amgen: NEJM publishes results from Repatha cognitive function trial »

Amgen announced that 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

  • 17

    Aug

  • 18

    Aug

  • 08

    Sep

  • 14

    Sep

  • 02

    Dec

  • 03

    Feb

  • 17

    May

WLK

Westlake Chemical

$71.03

0.84 (1.20%)

17:13
08/16/17
08/16
17:13
08/16/17
17:13
Hot Stocks
Westlake Chemical CFO Mark Bender sells 13,794 shares of company stock »

Mark Bender, Westlake…

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

BBOX

Black Box

$3.75

-0.25 (-6.25%)

17:10
08/16/17
08/16
17:10
08/16/17
17:10
Hot Stocks
Black Box director John Heller buys 10,000 shares of company stock »

Black Box director John…

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

BCOR

Blucora

$23.35

0.1 (0.43%)

17:07
08/16/17
08/16
17:07
08/16/17
17:07
Hot Stocks
Blucora director retires from board effective August 10 »

Elizabeth J. Huebner, who…

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

BGG

Briggs & Stratton

$24.09

0.29 (1.22%)

17:06
08/16/17
08/16
17:06
08/16/17
17:06
Earnings
Briggs & Stratton sees FY18 EPS $1.31-$1.48, consensus $1.38 »

Sees FY18 revenue…

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

BGG

Briggs & Stratton

$24.09

0.29 (1.22%)

17:05
08/16/17
08/16
17:05
08/16/17
17:05
Earnings
Briggs & Stratton reports Q4 EPS 46c, consensus 53c »

Reports Q4 revenue…

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

CSCO

Cisco

$32.34

0.25 (0.78%)

17:02
08/16/17
08/16
17:02
08/16/17
17:02
Hot Stocks
Breaking Hot Stocks news story on Cisco »

Cisco says order booking…

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

    Aug

  • 06

    Sep

MED

Medifast

$51.63

-0.4 (-0.77%)

16:58
08/16/17
08/16
16:58
08/16/17
16:58
Initiation
Medifast initiated  »

Medifast initiated with a…

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

DSKE

Daseke

$12.11

-0.1 (-0.82%)

16:57
08/16/17
08/16
16:57
08/16/17
16:57
Hot Stocks
Daseke completes term loan amendment to support growth strategy »

Daseke announced that it…

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

    Aug

  • 06

    Sep

QEP

QEP Resources

$7.09

-0.2 (-2.74%)

16:55
08/16/17
08/16
16:55
08/16/17
16:55
Hot Stocks
Breaking Hot Stocks news story on QEP Resources »

Integrated Core…

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

CSCO

Cisco

$32.34

0.25 (0.78%)

16:50
08/16/17
08/16
16:50
08/16/17
16:50
Hot Stocks
Cisco to realign reporting into 5 distinct categories starting in 1Q18 »

Says innovation "as…

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

    Aug

  • 06

    Sep

LB

L Brands

$39.55

0.5 (1.28%)

16:48
08/16/17
08/16
16:48
08/16/17
16:48
Hot Stocks
L Brands sees FY17 SSS down low to mid-single digits »

Sees FY17 SSS excluding…

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

    Aug

LB

L Brands

$39.55

0.5 (1.28%)

16:46
08/16/17
08/16
16:46
08/16/17
16:46
Hot Stocks
L Brands sees Q3 SSS flat to down low-single digits »

Sees Q3 SSS excluding…

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

    Aug

LGL

LGL Group

$4.31

0.0012 (0.03%)

16:40
08/16/17
08/16
16:40
08/16/17
16:40
Hot Stocks
LGL Group announces terms for rights offering »

The LGL Group announced…

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

NLST

Netlist

$0.84

-0.06 (-6.67%)

16:37
08/16/17
08/16
16:37
08/16/17
16:37
Syndicate
Netlist files to sell common stock, no amount given »

Craig-Hallum Capital…

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

PRAH

PRA Health

$75.16

-0.54 (-0.71%)

16:34
08/16/17
08/16
16:34
08/16/17
16:34
Initiation
PRA Health initiated  »

PRA Health initiated with…

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.