Breaking News Instant updates and real-time market news.

FDX

FedEx

$209.59

-0.86 (-0.41%)

, ADBE

Adobe

$140.35

2.51 (1.82%)

13:09
06/20/17
06/20
13:09
06/20/17
13:09

Notable companies reporting after market close

Notable companies reporting after the market close, with earnings consensus, include FedEx (FDX), consensus $3.88... Adobe (ADBE), consensus 95c... Red Hat (RHT), consensus 53c... Korn/Ferry (KFY), consensus 59c... La-Z-Boy (LZB), consensus 46c.

FDX

FedEx

$209.59

-0.86 (-0.41%)

ADBE

Adobe

$140.35

2.51 (1.82%)

RHT

Red Hat

$90.58

0.23 (0.25%)

KFY

Korn/Ferry

$33.72

-0.09 (-0.27%)

LZB

La-Z-Boy

$26.45

-0.8 (-2.94%)

  • 20

    Jun

  • 20

    Jun

  • 20

    Jun

  • 20

    Jun

  • 21

    Jun

  • 07

    Jul

FDX FedEx
$209.59

-0.86 (-0.41%)

06/12/17
STFL
06/12/17
NO CHANGE
STFL
FedEx shares likely to advance to $225, says Stifel
After attending a conference, Stifel analyst David Ross says that air freight trends remain "healthy," and he expects that trend to continue through the end of the year, Ross quotes the firm's.technical analyst as saying that the stock is "near a breakout," and he thinks that the shares are likely to rise to $225 before going back to $190. Ross keeps a Hold rating on the shares.
06/06/17
06/06/17
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. Hartford Financial (HIG) initiated with a Buy at Deutsche Bank. 2. FedEx (FDX) and UPS (UPS) were initiated with a Neutral at Seaport Global. 3. Gardner Denver (GDI) was initiated with an Outperform at William Blair and Baird, an Overweight at Piper Jaffray, a Buy at Stifel, UBS, and Goldman Sachs, as well as a Neutral at Credit Suisse. 4. Solaris Oilfield (SOI) was initiated with an Outperform at Wells Fargo, Oppenheimer, Evercore ISI, and Credit Suisse, an Overweight at Piper Jaffray, as well as a Buy at Goldman Sachs and Wunderlich. 5. LeMaitre (LMAT) initiated with a Hold at Craig-Hallum. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/06/17
GHSC
06/06/17
INITIATION
GHSC
Neutral
FedEx initiated with a Neutral at Seaport Global
Seaport Global analyst Kevin Sterling initiated FedEx with a Neutral saying a lot of good news is already reflected in valuation and with Amazon potentially developing its own integrated network, shares could be under pressure near-term.
06/15/17
OPCO
06/15/17
NO CHANGE
Target $229
OPCO
Outperform
FedEx price target raised to $229 from $218 at Oppenheimer
Oppenheimer analyst Scott Schneeberger raised his price target for FedEx to $229 on expectations for "strong" earnings growth in FY18. The analyst expects a "solid" finish to FY17 and thinks next fiscal year will provide a "favorable initial indication" of the combined FedEx Express/TNT Express entity. He reiterates an Outperform rating on the shares.
ADBE Adobe
$140.35

2.51 (1.82%)

06/15/17
BERN
06/15/17
NO CHANGE
BERN
Multiple software companies to benefit from AI, says Bernstein
Bernstein analyst Mark L. Moerdler believes that software companies will capture more than 50% of the revenue from AI. Multiple software companies will be able to benefit from the emergence of AI by creating "more efficient algorithms, " he believes. Microsoft (MSFT) will be well-positioned to use AI to drive adoption of its Azure cloud offering, while Adobe (ADBE) can use the technology to increase adoption of its cloud offerings and monetize AI through its IO product, the analyst believes. Splunk (SPLK) has added Machine Learning capabilities to its big data platform, and they are being used to deliver its security offerings, according to Moerdler. Over the longer term, the company should be able to incorporate machine learning into other products,the analyst stated. Oracle (ORCL) is benefiting from the use of AI in conjunction with its cloud offerings and from Machine Learning that it uses in conjunction with its data sources, the analyst stated. Finally, Salesforce's (CRM) Einstein Artificial Intelligence could give the company a competitive advantage over some competitors who do not offer similar functionality, he wrote. The analyst keeps Outperform ratings on all the stocks named except for Salesforce, which he continues to rate Underperform.
06/12/17
06/12/17
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. Apple (AAPL) downgraded to Neutral from Buy at Mizuho with analyst Abhey Lamba saying "Enthusiasm" around the upcoming iPhone launch is fully priced in after the stock's year-to-date outperformance. 2. Adobe (ADBE) downgraded to Sell from Hold at Pivotal Research with analyst Brian Wieser citing valuation. 3. Pandora (P) downgraded to Perform from Outperform at Oppenheimer with analyst Jason Helfstein citing a "failure" of his takeout thesis. The capital investment from SiriusXM (SIRI) and Ticketfly will allow Pandora to refocus on its core advertising business, which is the correct strategy, Helfstein tells investors in a research note. He sees share upside to "only" $9.50-$11.00 and removed his $14 price target on the stock. 4. Vantiv (VNTV) downgraded to Sector Weight from Overweight at Pacific Crest with analyst Josh Beck saying "continued retail challenges" could limit fundamental upside. 5. Sanderson Farms (SAFM) downgraded to Sector Weight from Overweight at KeyBanc with analyst Brett Andress citing 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.
06/12/17
PIVT
06/12/17
DOWNGRADE
Target $112
PIVT
Sell
Adobe downgraded to Sell from Hold at Pivotal Research
Pivotal Research analyst Brian Wieser downgraded Adobe to Sell citing valuation. The analyst is positive on the company's fundamentals, but notes the current share price is 20% above his price target of $112, which is raised from $109.
06/09/17
BMOC
06/09/17
NO CHANGE
BMOC
Adobe price target raised to $160 from $140 at BMO Capital
BMO Capital analyst Keith Bachman says that he believes that Adobe "has developed a next generation digital marketing hub." He thinks that this tool gives the company a "sustainable competitive advantage" and "significantly expands its total available market." He continues to identify the stock as his top software/SaaS pick and reiterates an Outperform rating.
RHT Red Hat
$90.58

0.23 (0.25%)

03/28/17
SPHN
03/28/17
NO CHANGE
Target $100
SPHN
Overweight
Red Hat price target raised to $100 from $90 at Stephens
Stephens analyst Jonathan Ruykhaver raised his price target for Red Hat to $100 from $90 after the company reported Q4 results above consensus expectations, anchored by a large multi-year Navy deal and a telco deal worth about $100M/year. The analyst reiterates an Overweight rating on the shares.
03/28/17
COWN
03/28/17
NO CHANGE
Target $93
COWN
Outperform
Red Hat price target raised to $93 from $88 at Cowen
Cowen analyst Gregg Moskowitz said Red Hat reported "very good" Q4 billings growth and he sees the company being well positioned on many fronts. The analyst, who expects RHEL and middleware to take meaningful share and for the company's public cloud momentum to keep rising, raised his price target on Red Hat to $93 from $88 and keeps an Outperform rating on the stock.
05/24/17
BERN
05/24/17
INITIATION
BERN
Market Perform
Red Hat initiated with a Market Perform at Bernstein
Bernstein analyst Zane Chrane started coverage of Red Hat with a $102 price target and a Market Perform rating. The analyst says that the rating is based on valuation.
06/19/17
WELS
06/19/17
NO CHANGE
WELS
Red Hat should report beat and raise results, says Wells Fargo
Wells Fargo expects Red Hat to report beat and raise results, driven by "continued demand for Red Hat Linux and strong cross-selling of its emerging technologies." The firm says its checks indicate "that OpenStack and OpenShift have started gaining significant tractions." It keeps an Outperform rating on the stock.
KFY Korn/Ferry
$33.72

-0.09 (-0.27%)

03/20/17
TIGR
03/20/17
INITIATION
TIGR
Neutral
Korn/Ferry initiated with a Neutral at Tigress Financial
Tigress Financial analyst Ivan Feinseth started Korn/Ferry with a Neutral rating saying the recent share rally reflects a "very optimistic outlook."
06/12/17
SIDC
06/12/17
INITIATION
Target $43
SIDC
Buy
Korn/Ferry initiated with a Buy at Sidoti
Sidoti initiated Korn/Ferry with a Buy and a $43 price target.
04/10/17
WBLR
04/10/17
UPGRADE
WBLR
Outperform
Korn/Ferry upgraded to Outperform from Market Perform at William Blair
William Blair analyst Timothy McHugh upgraded Korn/Ferry to Outperform citing improving demand and potential capital deployment.
02/15/17
RHCO
02/15/17
NO CHANGE
RHCO
Korn/Ferry shares should be bought at current levels, says SunTrust
SunTrust analyst Tobey Sommer says a survey of private executive search firms indicates that their sentiment is improving. Additionally, the analyst remains upbeat on KornFerry's Futurestep business, and Sommer keeps a $34 price target and a Buy rating on the stock.
LZB La-Z-Boy
$26.45

-0.8 (-2.94%)

02/22/17
STFL
02/22/17
DOWNGRADE
STFL
Hold
La-Z-Boy downgraded to Hold from Buy at Stifel
02/23/17
STFL
02/23/17
DOWNGRADE
STFL
Hold
La-Z-Boy downgraded on results, sectior weakness at Stifel
Stifel analyst John Baugh downgraded La-Z-Boy, as he says that the company's January quarter results show that it is having difficulty generating organic growth. The analyst adds that "the furniture business remains challenged." Target to $30 from $33.
02/23/17
02/23/17
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. NVIDIA (NVDA) downgraded to Underperform from Market Perform at BMO Capital and to Reduce from Buy at Nomura. 2. L Brands (LB) downgraded to Neutral from Overweight at Atlantic Equities. 3. FLIR Systems (FLIR) downgraded to In-Line from Outperform at Imperial Capital with analyst Jeff Kessler citing valuation following the recent rally in the shares. The analyst maintains a $38 price target for the stock. 4. La-Z-Boy (LZB) downgraded to Hold from Buy at Stifel with analyst John Baugh saying the company's January quarter results show that it is having difficulty generating organic growth. The analyst adds that "the furniture business remains challenged." 5. Dorman Products (DORM) downgraded to Market Perform from Outperform at FBR Capital with analyst Christopher Van Horn citing valuation. The analyst raised his price target for the shares to $80 from $68. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
01/05/17
01/05/17
DOWNGRADE

Market Perform
La-Z-Boy downgraded to Market Perform on valuation at Raymond James
As previously reported, Raymond James downgraded La-Z-Boy to Market Perform from Strong Buy. Analyst Budd Bugatch said risk/reward going forward is now, at best, balanced and potentially vulnerable to downside with any market downdraft and/or change in company/industry fortunes.

TODAY'S FREE FLY STORIES

ADNT

Adient

$63.20

-1.63 (-2.51%)

20:25
06/27/17
06/27
20:25
06/27/17
20:25
Conference/Events
Adient to hold a meeting »

EVP & CFO Stafeil,…

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

  • 27

    Jun

  • 27

    Jul

GIS

General Mills

$55.52

-0.65 (-1.16%)

, MON

Monsanto

$117.25

-0.55 (-0.47%)

20:25
06/27/17
06/27
20:25
06/27/17
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

GIS

General Mills

$55.52

-0.65 (-1.16%)

MON

Monsanto

$117.25

-0.55 (-0.47%)

PAYX

Paychex

$58.62

-0.62 (-1.05%)

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

  • 28

    Jun

  • 28

    Jun

  • 28

    Jun

  • 12

    Jul

AAPL

Apple

$143.73

-2.09 (-1.43%)

19:32
06/27/17
06/27
19:32
06/27/17
19:32
Periodicals
Apple looks to hire 'Siri Event Maven,' 9to5Mac reports »

An Apple job listing…

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

TOSBF

Toshiba, also use TOSYY

$2.60

-0.09 (-3.35%)

, TOSYY

Toshiba, also use TOSBF

$15.67

-0.24 (-1.51%)

19:22
06/27/17
06/27
19:22
06/27/17
19:22
Periodicals
Toshiba to face holder wrath after failing to sell chip unit, Reuters says »

Toshiba is anticipated to…

TOSBF

Toshiba, also use TOSYY

$2.60

-0.09 (-3.35%)

TOSYY

Toshiba, also use TOSBF

$15.67

-0.24 (-1.51%)

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

$150.58

-3.01 (-1.96%)

19:21
06/27/17
06/27
19:21
06/27/17
19:21
Periodicals
Facebook previously explored effort to promote flu shots, CNBC reports »

Facebook was working 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

  • 28

    Jun

  • 28

    Jun

  • 19

    Jul

AAPL

Apple

$143.73

-2.09 (-1.43%)

19:15
06/27/17
06/27
19:15
06/27/17
19:15
Hot Stocks
Munster lays out five-year Apple model, sees 'Apple Glasses' wearable in 2020 »

Gene Munster, a longtime…

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

GOOG

Alphabet

$927.33

-24.94 (-2.62%)

, GOOGL

Alphabet Class A

$948.09

-24 (-2.47%)

19:02
06/27/17
06/27
19:02
06/27/17
19:02
Hot Stocks
Senator urges FTC oversight of Google in wake of Europe fine »

Senator Richard…

GOOG

Alphabet

$927.33

-24.94 (-2.62%)

GOOGL

Alphabet Class A

$948.09

-24 (-2.47%)

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

  • 28

    Jun

  • 28

    Jun

  • 19

    Jul

APO

Apollo Global

$25.90

-0.33 (-1.26%)

18:58
06/27/17
06/27
18:58
06/27/17
18:58
Periodicals
Apollo Global hits record-breaking $23.5B target for buyout fund, WSJ says »

Private equity firm…

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

QCOM

Qualcomm

$55.43

-1.13 (-2.00%)

18:54
06/27/17
06/27
18:54
06/27/17
18:54
Periodicals
Judge says FTC suit against Qualcomm can proceed, Reuters reports »

A federal judge ruled…

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

LNEGY

Linde

$19.25

0.08 (0.42%)

18:53
06/27/17
06/27
18:53
06/27/17
18:53
Periodicals
Linde unit agrees to $20M settlement deal in whistleblower case, Reuters says »

Linde's Lincare…

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

HCHC

HC2 Holdings

$5.82

0.03 (0.52%)

18:50
06/27/17
06/27
18:50
06/27/17
18:50
Hot Stocks
HC2 Holdings subsidiary to acquire major interest in DTVA »

HC2 Holdings 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

MRK

Merck

$65.54

-0.38 (-0.58%)

18:38
06/27/17
06/27
18:38
06/27/17
18:38
Periodicals
Merck's cholesterol drug anacetrapib could serve as catalyst, Barron's reports »

Merck announced results…

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

    Sep

TROX

Tronox

$13.52

-0.25 (-1.82%)

18:37
06/27/17
06/27
18:37
06/27/17
18:37
Hot Stocks
Tronox elects Kaufthal as non-executive chairman »

Tronox announced that its…

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

ANCUF

Alimentation Couche-Tard

$49.16

1.0803 (2.25%)

, CST

CST Brands

$48.53

-0.01 (-0.02%)

18:19
06/27/17
06/27
18:19
06/27/17
18:19
Hot Stocks
Alimentation Couche-Tard cleared in Canada for acquisition of CST Brands »

Alimentation Couche-Tard…

ANCUF

Alimentation Couche-Tard

$49.16

1.0803 (2.25%)

CST

CST Brands

$48.53

-0.01 (-0.02%)

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

MSLI

Merus Labs

$1.23

-0.0015 (-0.12%)

18:01
06/27/17
06/27
18:01
06/27/17
18:01
Hot Stocks
Merus Labs reminds shareholders to vote for arrangement with Norgine »

Merus Labs International…

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

EIGI

Endurance

$8.20

-0.15 (-1.80%)

18:01
06/27/17
06/27
18:01
06/27/17
18:01
Hot Stocks
Endurance chief administration officer Andreasen to leave company »

According to a regulatory…

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

HII

Huntington Ingalls

$186.97

0.68 (0.37%)

17:41
06/27/17
06/27
17:41
06/27/17
17:41
Hot Stocks
Huntington Ingalls receives contract modifications to incorporate upgrades »

Huntington Ingalls…

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

IP

International Paper

$56.18

-0.55 (-0.97%)

17:34
06/27/17
06/27
17:34
06/27/17
17:34
Hot Stocks
International Paper agrees to settle Kleen Products class action litigation »

International Paper…

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

HUSA

Houston American Energy

$0.67

0.0385 (6.10%)

17:33
06/27/17
06/27
17:33
06/27/17
17:33
Syndicate
Houston American Energy requests withdrawal of registration statement »

The company determined…

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

KBH

KB Home

$22.82

0.04 (0.18%)

, RYI

Ryerson

$9.00

-0.1 (-1.10%)

17:24
06/27/17
06/27
17:24
06/27/17
17:24
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: KB…

KBH

KB Home

$22.82

0.04 (0.18%)

RYI

Ryerson

$9.00

-0.1 (-1.10%)

AVAV

AeroVironment

$32.49

1.52 (4.91%)

CAMP

CalAmp

$19.25

-0.37 (-1.89%)

GMRE

Global Medical REIT

$9.83

0.07 (0.72%)

WLL

Whiting Petroleum

$5.48

0.04 (0.74%)

OAS

Oasis Petroleum

$7.93

0.21 (2.72%)

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

  • 27

    Jun

  • 27

    Jun

  • 27

    Jun

  • 27

    Jun

  • 03

    Jul

  • 04

    Jul

  • 05

    Jul

  • 28

    Jun

CHKE

Cherokee

17:22
06/27/17
06/27
17:22
06/27/17
17:22
Hot Stocks
Breaking Hot Stocks news story on Cherokee »

Cherokee says announcing…

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

    Jul

  • 18

    Jul

KBH

KB Home

$22.82

0.04 (0.18%)

17:16
06/27/17
06/27
17:16
06/27/17
17:16
Hot Stocks
KB Home sees Q3 housing revenue $1.08B-$1.15B »

Sees Q3 average selling…

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

  • 27

    Jun

KBH

KB Home

$22.82

0.04 (0.18%)

17:16
06/27/17
06/27
17:16
06/27/17
17:16
Hot Stocks
KB Home raises FY17 housing revenue view to $4.2B-$4.4B from $4B-$4.3B »

Sees FY17 average selling…

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

  • 27

    Jun

17:15
06/27/17
06/27
17:15
06/27/17
17:15
General news
Breaking General news story  »

Minneapolis Federal…

CHKE

Cherokee

17:13
06/27/17
06/27
17:13
06/27/17
17:13
Hot Stocks
Cherokee receives listing notice over late 10-Q »

Cherokee 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

  • 17

    Jul

  • 18

    Jul

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.