Breaking News Instant updates and real-time market news.

AMZN

Amazon.com

$982.01

-7.83 (-0.79%)

, LYV

Live Nation

$41.01

3.505 (9.35%)

15:46
08/10/17
08/10
15:46
08/10/17
15:46

Amazon may enter U.S. tickets market, held talks with Ticketmaster, Reuters says

Amazon (AMZN) is exploring partnering with U.S. venue owners to sell event tickets in the U.S., which "could loosen Ticketmaster's powerful grip" on the domestic ticketing business, according to Reuters, citing sources. Amazon has had partnership conversations with Live Nation's (LYV) Ticketmaster, but those talks have stalled over who would control customer data, the report added. Reference Link

AMZN

Amazon.com

$982.01

-7.83 (-0.79%)

LYV

Live Nation

$41.01

3.505 (9.35%)

  • 16

    Aug

  • 18

    Aug

AMZN Amazon.com
$982.01

-7.83 (-0.79%)

08/08/17
MKMP
08/08/17
NO CHANGE
Target $1275
MKMP
Buy
Amazon price target raised to $1,275 from $1,095 at MKM Partners
MKM Partners analyst Rob Sanderson raised his revenue outlook for Amazon.com, noting that units fulfilled are growing much faster than commerce revenue and subscription revenue growth, a proxy for Prime adoption, grew by over 50% again in Q2. While he does not expect Amazon will generate meaningful profits anytime soon, he also believes investors have become "very comfortable" with the company's continued investments. Until investors can see a limit on growth opportunities, revenue growth and share gain will matter more than profitability, said Sanderson, who raised his price target on Amazon shares to $1,275 from $1,095.
08/08/17
08/08/17
INITIATION
Target $1250

Buy
Amazon.com reinstated with a Buy at Mizuho
As previously reported, Mizuho analyst James Lee reinstated Amazon with a Buy rating, stating that he sees the next pillar of growth likely coming from advertising through voice search to allow brands to sell directly to consumers. The analyst, who sees Amazon having many levers to harness its monetization potential, set a $1,250 price target on the stock.
08/08/17
08/08/17
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. Amazon.com (AMZN), Alphabet (GOOG, GOOGL), and Facebook (FB) were reinstated with a Buy at Mizuho, while eBay (EBAY) and Twitter (TWTR) were reinstated with an Underperform. 2. Broadridge (BR) initiated with a Neutral at DA Davidson. 3. Brighthouse Financial (BHF) initiated with an Overweight at Barclays. 4. Akcea Therapeutics (AKCA) WAS initiated with an Outperform at BMO Capital and Cowen, an Outperform at Wells Fargo, as well as a Buy at Stifel. 5. Lockheed Martin (LMT) and Raytheon (RTN) were initiated with an Overweight at Morgan Stanley, while Northrop Grumman (NOC) was initiated with an Equal Weight, and General Dynamics (GD) was initiated with an Underweight at the firm. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
08/10/17
OPCO
08/10/17
NO CHANGE
OPCO
Outperform
Market continues to underappreciate meaningfully Wayfair, says Oppenheimer
Following a meeting with management, Oppenheimer analyst Brian Nagel says the market continues to underappreciate "meaningfully" the underlying financial and operational prowess of Wayfair (W). Wedding registry represents a potentially substantial, so far untapped, opportunity for Wayfair, particularly given a current concentration of sales within legacy chains, largely lacking online prowess, he notes, adding that the company continues to differentiate from Amazon (AMZN) and other online operators with a strategy designed to allow customers to browse the home furnishings category on its website. Nagel reiterates an Outperform rating on the shares.
LYV Live Nation
$41.01

3.505 (9.35%)

06/19/17
06/19/17
DOWNGRADE

Neutral
Live Nation downgraded to Neutral on valuation at Northcoast
As previously reported, Northcoast downgraded Live Nation to Neutral from Buy. Analyst John Healy said fundamentals remain intact but changed his rating due to recent share outperformance.
06/27/17
JEFF
06/27/17
NO CHANGE
Target $40
JEFF
Buy
Live Nation price target raised to $40 from $36 at Jefferies
Jefferies analyst John Janedis raised his price target for Live Nation to $40 on expectations for a strong summer concert season. The stock should continue outperforming as the market gives the company more credit for "strong secular tailwinds" across the portfolio, the analyst tells investors in a research note. He keeps a Buy rating on Live Nation.
07/21/17
WBLR
07/21/17
INITIATION
WBLR
Outperform
Live Nation initiated with an Outperform at William Blair
William Blair analyst Ryan Sundby started Live Nation with an Outperform rating.
08/10/17
SPHN
08/10/17
NO CHANGE
Target $44
SPHN
Overweight
Live Nation price target raised to $44 from $36 at Stephens
Stephens analyst Kyle Evans raised his price target for Live Nation to $44 from $36 after the company posted "solid" Q2 results driven by "very impressive" growth in its Concerts business. The analyst reiterates an Overweight rating on the shares.

TODAY'S FREE FLY STORIES

CO

China Cord Blood

$12.49

0.18 (1.46%)

06:45
08/24/17
08/24
06:45
08/24/17
06:45
Technical Analysis
Technical View: China Cord Blood hits new highs in pre-market »

Shares were last up over…

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

    Aug

TIF

Tiffany

$88.72

0.22 (0.25%)

06:44
08/24/17
08/24
06:44
08/24/17
06:44
Hot Stocks
Tiffany provides FY17 outlook »

Management's outlook…

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

    Aug

  • 03

    Oct

  • 04

    Oct

TIF

Tiffany

$88.72

0.22 (0.25%)

06:43
08/24/17
08/24
06:43
08/24/17
06:43
Hot Stocks
Tiffany sees FY17 CapEx $250M »

Sees FY17 free cash 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

  • 24

    Aug

  • 03

    Oct

  • 04

    Oct

TIF

Tiffany

$88.72

0.22 (0.25%)

06:42
08/24/17
08/24
06:42
08/24/17
06:42
Earnings
Tiffany sees FY17 EPS growth of high single digits, consensus $3.95 »

Sees FY17 revenue growth…

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

    Aug

  • 03

    Oct

  • 04

    Oct

TIF

Tiffany

$88.72

0.22 (0.25%)

06:40
08/24/17
08/24
06:40
08/24/17
06:40
Earnings
Tiffany reports Q2 adjusted EPS 92c, consensus 86c »

Reports Q2 revenue $960M,…

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

    Aug

  • 03

    Oct

  • 04

    Oct

HMLP

Hoegh LNG

$18.60

0.25 (1.36%)

06:38
08/24/17
08/24
06:38
08/24/17
06:38
Earnings
Hoegh LNG reports Q2 EPS 28c, consensus 40c »

Reports Q2 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

  • 24

    Aug

  • 12

    Sep

WDC

Western Digital

$88.31

1.66 (1.92%)

, TOSYY

Toshiba, also use TOSBF

$17.28

0.49 (2.92%)

06:38
08/24/17
08/24
06:38
08/24/17
06:38
Periodicals
Western Digital consortium to offer $17.4B for Toshiba chip unit, Reuters says »

A consortium that…

WDC

Western Digital

$88.31

1.66 (1.92%)

TOSYY

Toshiba, also use TOSBF

$17.28

0.49 (2.92%)

TOSBF

Toshiba, also use TOSYY

$2.88

0.064 (2.27%)

KKR

KKR

$18.57

-0.07 (-0.38%)

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

EXC

Exelon

$38.32

0.09 (0.24%)

06:36
08/24/17
08/24
06:36
08/24/17
06:36
Conference/Events
Exelon management to meet with Jefferies »

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

  • 31

    Aug

06:35
08/24/17
08/24
06:35
08/24/17
06:35
General news
FX Action: USD-JPY has settled in the lower 109.0s »

FX Action: USD-JPY has…

DXLG

Destination XL

06:34
08/24/17
08/24
06:34
08/24/17
06:34
Conference/Events
Destination XL management to meet with Sidoti »

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

  • 24

    Aug

  • 31

    Aug

  • 28

    Sep

BDC

Belden

$73.25

0.08 (0.11%)

06:34
08/24/17
08/24
06:34
08/24/17
06:34
Conference/Events
Belden management to meet with Seaport Global »

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

  • 31

    Aug

  • 06

    Sep

HRL

Hormel Foods

$33.92

-0.46 (-1.34%)

06:33
08/24/17
08/24
06:33
08/24/17
06:33
Hot Stocks
Hormel Foods acquires Ceratti brand for approximately $104M »

Hormel Foods announced 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

  • 24

    Aug

  • 05

    Sep

HRL

Hormel Foods

$33.92

-0.46 (-1.34%)

06:33
08/24/17
08/24
06:33
08/24/17
06:33
Earnings
Hormel cuts FY EPS view to $1.54-$1.58 from low end of $1.65-$1.71 »

Consensus is $1.65.…

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

    Aug

  • 05

    Sep

HRL

Hormel Foods

$33.92

-0.46 (-1.34%)

06:32
08/24/17
08/24
06:32
08/24/17
06:32
Hot Stocks
Hormel Foods says faced 'record-high' input costs for two primary raw materials »

"We generated record…

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

    Aug

  • 05

    Sep

AVD

American Vanguard

$20.00

0.15 (0.76%)

06:32
08/24/17
08/24
06:32
08/24/17
06:32
Conference/Events
American Vanguard management to meet with Oppenheimer »

Meeting to be held in St.…

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

    Aug

HRL

Hormel Foods

$33.92

-0.46 (-1.34%)

06:31
08/24/17
08/24
06:31
08/24/17
06:31
Earnings
Hormel Foods reports Q3 EPS 34c, consensus 37c »

Reports Q3 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

  • 24

    Aug

  • 05

    Sep

WBC

Wabco

$138.46

0.22 (0.16%)

06:31
08/24/17
08/24
06:31
08/24/17
06:31
Hot Stocks
Wabco to acquire Sheppard for $145M »

WABCO 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

  • 07

    Sep

AIN

Albany International

$51.10

-0.2 (-0.39%)

06:31
08/24/17
08/24
06:31
08/24/17
06:31
Conference/Events
Albany International management to meet with Sidoti »

Meetings 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

  • 31

    Aug

  • 01

    Sep

  • 28

    Sep

EADSY

Airbus

$20.89

-0.015 (-0.07%)

, DLAKY

Lufthansa

$24.60

-0.04 (-0.16%)

06:31
08/24/17
08/24
06:31
08/24/17
06:31
Periodicals
European regulator, Airbus issue software fix for A350, Reuters reports »

The European Aviation…

EADSY

Airbus

$20.89

-0.015 (-0.07%)

DLAKY

Lufthansa

$24.60

-0.04 (-0.16%)

SINGY

Singapore Airlines

CPCAY

Cathay Pacific

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

LTD

L Brands

06:30
08/24/17
08/24
06:30
08/24/17
06:30
Conference/Events
L Brands to host sales conference call »

Pre-Recorded August sales…

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

    Aug

06:30
08/24/17
08/24
06:30
08/24/17
06:30
General news
FX Action: USD-JPY has settled in the lower 109.0s »

FX Action: USD-JPY has…

BRCD

Brocade

$12.25

0.06 (0.49%)

, AVGO

Broadcom

$256.92

1.73 (0.68%)

06:22
08/24/17
08/24
06:22
08/24/17
06:22
Hot Stocks
China conditionally approves Broadcom's proposed acquisition of Brocade »

In a regulatory filing,…

BRCD

Brocade

$12.25

0.06 (0.49%)

AVGO

Broadcom

$256.92

1.73 (0.68%)

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

    Aug

  • 24

    Aug

FB

Facebook

$168.71

-0.93 (-0.55%)

06:20
08/24/17
08/24
06:20
08/24/17
06:20
Periodicals
Facebook taps exec Andrew Bosworth to lead hardware efforts, BI reports »

Facebook has selected…

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

    Aug

  • 13

    Sep

GOOG

Alphabet

$927.00

2.31 (0.25%)

, GOOGL

Alphabet Class A

$942.58

2.18 (0.23%)

06:20
08/24/17
08/24
06:20
08/24/17
06:20
Periodicals
Google could unveil new Pixel phones on October 5, Engadget reports »

Google (GOOG) could…

GOOG

Alphabet

$927.00

2.31 (0.25%)

GOOGL

Alphabet Class A

$942.58

2.18 (0.23%)

QCOM

Qualcomm

$52.23

-0.12 (-0.23%)

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

    Aug

NADL

North Atlantic Drilling

$1.19

0.02 (1.71%)

06:17
08/24/17
08/24
06:17
08/24/17
06:17
Earnings
North Atlantic Drilling reports Q2 EPS ($2.59), consensus ($2.97) »

Reports Q2 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

  • 24

    Aug

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.