Breaking News Instant updates and real-time market news.

TEVA

Teva

$18.29

-0.3 (-1.61%)

07:29
08/09/17
08/09
07:29
08/09/17
07:29

Teva ramping up asset sale plans, Bloomberg says

Teva may sell its Medis unit, which could fetch $500M-$1B depending on the assets sold, and could also sell its respiratory unit, which could draw a sale price of $500M-$2B depending on the assets, according to Bloomberg.

  • 30

    Aug

TEVA Teva
$18.29

-0.3 (-1.61%)

08/07/17
08/07/17
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. Teva (TEVA) downgraded to Underweight from Equal Weight at Morgan Stanley with analyst David Risinger saying he underappreciated generic pricing pressure risks on Teva's dividend and expects declining earnings power, combined with high leverage equal to result in a longer recovery. 2. Cummins (CMI) downgraded to Buy from Conviction Buy at Goldman Sachs. 3. RE/MAX Holdings (RMAX) downgraded to Equal Weight from Overweight at Stephens. 4. Intrepid Potash (IPI) downgraded to Sell from Neutral at UBS with analyst John Roberts saying that while bankruptcy risk has been "significantly reduced" since the share count was increased 60% with the March secondary, he remains concerned about the lack of long term growth in non-core income and "still depressed" core potash related income. Roberts cites valuation for his downgrade and raised his price target for Intrepid Potash shares to $2.50 from $2.00. 5. Eaton (ETN) downgraded to In Line from Outperform at Evercore ISI. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/07/17
MSCO
08/07/17
DOWNGRADE
Target $16
MSCO
Teva downgraded to Underweight, bear case target $9 at Morgan Stanley
As previously reported, Morgan Stanley downgraded Teva to Underweight from Equal Weight and cut its price target to $16 from $36. Analyst David Risinger said he underappreciated generic pricing pressure risks on Teva's dividend and expects declining earnings power, combined with high leverage equal to result in a longer recovery. He expects core business generic headwinds and Copaxone generic competition to pressure Teva's long-term earnings power and cut his 2017 earnings estimate to $1.24 from $1.55, 2018 earnings estimate to $4.14 from $4.56, and 2019 earnings estimate to $3.79 from $4.50. Risinger's bear case price target on Teva is $9, which assumes much more severe Copaxone erosion and generic business downside.
08/07/17
MSCO
08/07/17
DOWNGRADE
MSCO
Underweight
Teva downgraded to Underweight from Equal Weight at Morgan Stanley
08/04/17
08/04/17
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. Fluor (FLR) was downgraded to Hold from Buy at Deutsche Bank and to Neutral from Buy at DA Davidson. 2. Teva (TEVA) was downgraded to Market Perform from Outperform at Cowen, to Neutral from Outperform at Credit Suisse, and to Underperform from Outperform at RBC Capital. 3. Ford (F) downgraded to Neutral from Buy at Nomura Instinet with analyst Anindya Das citing uncertainties surrounding North America and European growth. 4. Avon Products (AVP) downgraded to Hold from Buy at Deutsche Bank with analyst Faiza Alwy saying the Chief Executive Officer change suggests that a business recovery, should there be one, is more than 12 months away. 5. CommScope (COMM) was downgraded to Hold from Buy at Cross Research, to Neutral from Buy at Longbow, and to Equal Weight from Overweight at Barclays. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

11:36
08/17/17
08/17
11:36
08/17/17
11:36
General news
The police force in Barcelona report a 'massive' crash on the Ramblas »

There has just been a…

GPS

Gap

$22.80

0.23 (1.02%)

11:35
08/17/17
08/17
11:35
08/17/17
11:35
Options
Gap put volume heavy and directionally bearish »

Bearish flow noted in Gap…

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

UN

Unilever; also tag UL

$58.97

0.06 (0.10%)

, UL

Unilever; also tag UN

$57.58

0.04 (0.07%)

11:34
08/17/17
08/17
11:34
08/17/17
11:34
Periodicals
KKR, GIC team up for Unilever's spreads operations, Sky News reports »

KKR (KKR) and…

UN

Unilever; also tag UL

$58.97

0.06 (0.10%)

UL

Unilever; also tag UN

$57.58

0.04 (0.07%)

KKR

KKR

$18.31

-0.075 (-0.41%)

BX

Blackstone

$32.10

-0.07 (-0.22%)

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

AAPL

Apple

$160.95

-0.65 (-0.40%)

11:31
08/17/17
08/17
11:31
08/17/17
11:31
Periodicals
WeWork hires former Apple exec as chief product officer, The Information says »

WeWork has appointed…

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

ALGN

Align Technology

$178.46

0.49 (0.28%)

11:31
08/17/17
08/17
11:31
08/17/17
11:31
Recommendations
Align Technology analyst commentary  »

Straumann deals only…

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

  • 21

    Aug

TIME

Time Inc.

$13.00

0.05 (0.39%)

11:31
08/17/17
08/17
11:31
08/17/17
11:31
Hot Stocks
Time Inc. names Lori Leibovich editor-in-chief of Health, effective immediately »

Time Inc. appointed Lori…

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

11:28
08/17/17
08/17
11:28
08/17/17
11:28
General news
Van crashes into pedestrians in Barcelona's city center, CNBC reports »

According to the report,…

PRU

Prudential

$104.37

-0.84 (-0.80%)

11:27
08/17/17
08/17
11:27
08/17/17
11:27
Periodicals
Prudential looking to remove too big to fail label, Bloomberg reports »

Prudential is pushing 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

  • 27

    Sep

DDAIF

Daimler AG

$71.07

0.08 (0.11%)

, BMWYY

BMW

$31.23

-0.146 (-0.47%)

11:25
08/17/17
08/17
11:25
08/17/17
11:25
Periodicals
Sixt CEO hints at car-sharing merger talks between BMW, Daimler, Reuters says »

Daimler (DDAIF) and BMW…

DDAIF

Daimler AG

$71.07

0.08 (0.11%)

BMWYY

BMW

$31.23

-0.146 (-0.47%)

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

CRM

Salesforce

$91.84

-0.4 (-0.43%)

11:25
08/17/17
08/17
11:25
08/17/17
11:25
Options
Salesforce call volume above normal and directionally bullish »

Bullish option flow…

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

    Aug

  • 05

    Sep

11:20
08/17/17
08/17
11:20
08/17/17
11:20
General news
Treasury announced a $72 B 3- and 6-month bill sale for Monday »

Treasury announced a $72…

$NSD

NASDAQ Market Internals

11:17
08/17/17
08/17
11:17
08/17/17
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

ADP

ADP

$111.10

-0.48 (-0.43%)

11:16
08/17/17
08/17
11:16
08/17/17
11:16
Hot Stocks
Pershing calls ADP's corporate structure 'bloated and complex' »

The activist says 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

    Aug

  • 11

    Sep

$NYE

NYSE Market Internals

11:16
08/17/17
08/17
11:16
08/17/17
11:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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

GFI

Gold Fields

$4.15

0.145 (3.63%)

11:15
08/17/17
08/17
11:15
08/17/17
11:15
Hot Stocks
Gold Fields jumps after saying Q2 production at South Deep up 61% »

In an update on projects…

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

CTL

CenturyLink

$20.05

-0.85 (-4.07%)

11:15
08/17/17
08/17
11:15
08/17/17
11:15
Options
CenturyLink 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

PPG

PPG

$103.80

0.06 (0.06%)

11:12
08/17/17
08/17
11:12
08/17/17
11:12
Periodicals
Crews called to fire at Pennsylvania PPG plant, The Sentinel says »

Emergency crews responded…

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

DERM

Dermira

$23.34

-0.24 (-1.02%)

11:12
08/17/17
08/17
11:12
08/17/17
11:12
Conference/Events
Dermira management to meet with Evercore ISI »

Meeting to be held 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

  • 22

    Aug

VIPS

Vipshop

$10.37

-0.73 (-6.58%)

11:10
08/17/17
08/17
11:10
08/17/17
11:10
Downgrade
Vipshop rating change  »

Vipshop downgraded 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

  • 17

    Aug

ADP

ADP

$111.10

-0.48 (-0.43%)

11:10
08/17/17
08/17
11:10
08/17/17
11:10
Hot Stocks
Breaking Hot Stocks news story on ADP »

ADP drops 2.9% 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

  • 17

    Aug

  • 11

    Sep

BA

Boeing

$237.03

-0.5604 (-0.24%)

11:10
08/17/17
08/17
11:10
08/17/17
11:10
Hot Stocks
Boeing reports 14 new orders in weekly update »

Boeing on its website…

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

SPX

S&P 500

11:09
08/17/17
08/17
11:09
08/17/17
11:09
Periodicals
White House says Cohn intends to remain in position, CNBC reports »

Eamon Javers of CNBC just…

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

11:08
08/17/17
08/17
11:08
08/17/17
11:08
Periodicals
Breaking Periodicals news story  »

Gary Cohn 'intends…

MTB

M&T Bank

$157.36

-1.24 (-0.78%)

11:07
08/17/17
08/17
11:07
08/17/17
11:07
Conference/Events
M&T Bank management to meet with Evercore ISI »

Field trip to company…

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

  • 21

    Aug

GMED

Globus Medical

$31.09

1.855 (6.35%)

11:07
08/17/17
08/17
11:07
08/17/17
11:07
Recommendations
Globus Medical analyst commentary  »

Globus Medical news today…

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

  • 06

    Sep

  • 18

    Sep

  • 19

    Sep

  • 20

    Sep

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.