Breaking News Instant updates and real-time market news.

MT

ArcelorMittal

$25.90

-0.6963 (-2.62%)

10:35
08/11/17
08/11
10:35
08/11/17
10:35

ArcelorMittal put volume heavy and directionally bearish

Bearish flow noted in ArcelorMittal with 2,070 puts trading, or 3x expected. Most active are Sep-17 28 calls and Aug-17 25 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 3.39, while ATM IV is up over 1 point on the day. Earnings are expected on November 10th.

MT ArcelorMittal
$25.90

-0.6963 (-2.62%)

07/12/17
DBAB
07/12/17
UPGRADE
Target $32
DBAB
Buy
Deutsche Bank sees potential double for ArcelorMittal, ups to Buy
Deutsche Bank analyst Bastian Synagowitz upgraded ArcelorMittal to Buy from Hold and raised his price target for the shares to $32 from $25. An attractive valuation and strong free cash flow yield provide a potential double from current share levels, Synagowitz tells investors in a research note. He believes the stock offers three "free options" relating to a potential rebound in iron ore prices, a stronger cycle in western markets and a potential recovery in Brazil.
07/12/17
DBAB
07/12/17
UPGRADE
DBAB
Buy
ArcelorMittal upgraded to Buy from Hold at Deutsche Bank
06/06/17
06/06/17
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. Casey's General Stores (CASY) downgraded to Neutral from Buy at Sidoti with analyst Anthony Lebiedzinski citing disappointing fourth quarter results and guidance. 2. ArcelorMittal (MT) downgraded to Underperform from Buy at BofA/Merrill with analyst Cedar Ekblom citing lack of stock-specifc catalysts and steel price headwinds. 3. ITT (ITT) downgraded to Neutral from Buy at Goldman Sachs with analyst Joe Ritchie saying he sees limited room for upward revisions to earnings estimates and believes negative sentiment around auto will remain an overhang on the valuation multiple. 4. Omnicom (OMC) downgraded to Neutral from Outperform at Macquarie with analyst Tim Nollen citing likely cyclical moderation ahead that will pressure agency growth rates.5. Interpublic Group (IPG) downgraded to Neutral from Outperform at Macquarie with analyst Tim Nollen citing cyclical moderation ahead that will pressure agency growth rates. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/06/17
BOFA
06/06/17
DOWNGRADE
BOFA
Underperform
ArcelorMittal downgraded to Underperform from Buy at BofA/Merrill
BofA/Merrill analyst Cedar Ekblom downgraded ArcelorMittal to Underperform from Buy citing lack of stock-specifc catalysts and steel price headwinds. The analyst expects steel prices to decline saying China China steel drivers are slowing, trade protection tailwinds are moderating, iron ore presents downside risk, and benefits from "market repair" are uncertain.

TODAY'S FREE FLY STORIES

LOW

Lowe's

$75.82

1.97 (2.67%)

06:07
08/23/17
08/23
06:07
08/23/17
06:07
Hot Stocks
Lowe's reports Q2 SSS up 4.5% »

Comparable sales for 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

  • 23

    Aug

  • 21

    Nov

WMT

Wal-Mart

$80.02

0.31 (0.39%)

, GOOG

Alphabet

$924.69

18.03 (1.99%)

06:07
08/23/17
08/23
06:07
08/23/17
06:07
Hot Stocks
Wal-Mart, Google partner on voice-based shopping »

Sridhar Ramaswamy, SVP,…

WMT

Wal-Mart

$80.02

0.31 (0.39%)

GOOG

Alphabet

$924.69

18.03 (1.99%)

GOOGL

Alphabet Class A

$940.40

19.53 (2.12%)

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

  • 16

    Nov

  • 20

    Feb

LOW

Lowe's

$75.82

1.97 (2.67%)

06:04
08/23/17
08/23
06:04
08/23/17
06:04
Hot Stocks
Lowe's CEO says 'pleased with our improved comparable sales performance' »

"We are pleased 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

  • 23

    Aug

  • 21

    Nov

LOW

Lowe's

$75.82

1.97 (2.67%)

06:03
08/23/17
08/23
06:03
08/23/17
06:03
Earnings
Lowe's revises FY17 EPS view to $4.20-$4.30 from about $4.30, consensus $4.62 »

Backs 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

  • 23

    Aug

  • 21

    Nov

GOOG

Alphabet

$924.69

18.03 (1.99%)

, GOOGL

Alphabet Class A

$940.40

19.53 (2.12%)

06:02
08/23/17
08/23
06:02
08/23/17
06:02
Periodicals
Google to announce specs for Titan security chip on Thursday, Reuters reports »

Google (GOOG) is expected…

GOOG

Alphabet

$924.69

18.03 (1.99%)

GOOGL

Alphabet Class A

$940.40

19.53 (2.12%)

AMZN

Amazon.com

$966.90

13.61 (1.43%)

MSFT

Microsoft

$73.16

1.01 (1.40%)

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

  • 24

    Aug

  • 24

    Aug

  • 05

    Sep

LOW

Lowe's

$75.82

1.97 (2.67%)

06:00
08/23/17
08/23
06:00
08/23/17
06:00
Earnings
Lowe's reports Q2 adjusted EPS $1.57, consensus $1.61 »

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

  • 23

    Aug

  • 21

    Nov

SPX

S&P 500

06:00
08/23/17
08/23
06:00
08/23/17
06:00
Technical Analysis
S&P 500: Pivot points »

The following are 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

MSFT

Microsoft

$73.16

1.01 (1.40%)

05:59
08/23/17
08/23
05:59
08/23/17
05:59
Hot Stocks
Microsoft unveils Project Brainwave for real-time AI »

Microsoft engineer Doug…

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

  • 05

    Sep

GDX

Market Vector Gold Miners

$23.09

-0.22 (-0.94%)

05:57
08/23/17
08/23
05:57
08/23/17
05:57
Technical Analysis
Market Vector Gold Miners: Pivot points »

The following are 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

GLD

SPDR Gold Trust

$122.21

-0.55 (-0.45%)

05:57
08/23/17
08/23
05:57
08/23/17
05:57
Technical Analysis
SPDR Gold Trust: Pivot points »

The following are 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

MRAM

Everspin Technologies

$15.22

0.3 (2.01%)

05:57
08/23/17
08/23
05:57
08/23/17
05:57
Hot Stocks
Everspin Technologies names Kevin Conley as CEO, effective September 1 »

Everspin Technologies…

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

NUGT

Direxion Gold Miners Bull

$32.79

-0.86 (-2.56%)

05:57
08/23/17
08/23
05:57
08/23/17
05:57
Technical Analysis
Direxion Gold Miners Bull: Pivot points »

The following are 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

JNUG

Direxion Daily Jr Gld Mnrs Bull 3X Shrs

$18.22

-0.58 (-3.09%)

05:56
08/23/17
08/23
05:56
08/23/17
05:56
Technical Analysis
Direxion Daily Jr Gld Mnrs Bull 3X Shrs: Pivot points »

The following are 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

DUST

Direxion Daily Gold Miners Bear 3X ETF

$26.31

0.61 (2.37%)

05:56
08/23/17
08/23
05:56
08/23/17
05:56
Technical Analysis
Direxion Daily Gold Miners Bear 3X ETF: Pivot points »

The following are 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

JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$60.10

1.74 (2.98%)

05:56
08/23/17
08/23
05:56
08/23/17
05:56
Technical Analysis
Direxion Daily Junior Gold Miners Index Bear 3x Shares: Pivot points »

The following are 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

VXX

iPath S&P 500 VIX Short-Term Futures

$47.36

-3.72 (-7.28%)

05:55
08/23/17
08/23
05:55
08/23/17
05:55
Technical Analysis
iPath S&P 500 VIX Short-Term Futures: Pivot points »

The following are 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

XIV

VelocityShares Daily Inverse VIX Short-Term ETN

$82.37

5.27 (6.84%)

05:55
08/23/17
08/23
05:55
08/23/17
05:55
Technical Analysis
VelocityShares Daily Inverse VIX Short-Term ETN: Pivot points »

The following are 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

TVIX

VelocityShares Daily 2x VIX Short-Term ETN

$16.79

-2.75 (-14.07%)

05:54
08/23/17
08/23
05:54
08/23/17
05:54
Technical Analysis
VelocityShares Daily 2x VIX Short-Term ETN: Pivot points »

The following are 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

SVXY

ProShares Short VIX Short-Term Futures

$78.87

5.4 (7.35%)

05:54
08/23/17
08/23
05:54
08/23/17
05:54
Technical Analysis
ProShares Short VIX Short-Term Futures: Pivot points »

The following are 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

USO

United States Oil Fund

$9.77

0.06 (0.62%)

05:54
08/23/17
08/23
05:54
08/23/17
05:54
Technical Analysis
United States Oil Fund: Pivot points, pivot low broken »

The following are 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

XOP

SPDR Oil Exploration and Production Fund

$29.34

0.25 (0.86%)

05:53
08/23/17
08/23
05:53
08/23/17
05:53
Technical Analysis
SPDR Oil Exploration and Production Fund: Pivot points »

The following are 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

DGAZ

VelocityShares 3x Inv Natural Gas ETN

$25.16

0.58 (2.36%)

05:52
08/23/17
08/23
05:52
08/23/17
05:52
Technical Analysis
VelocityShares 3x Inv Natural Gas ETN: Pivot points »

The following are 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

UGAZ

VelocityShares 3x Long Natural Gas ETN

$12.14

-0.29 (-2.33%)

05:52
08/23/17
08/23
05:52
08/23/17
05:52
Technical Analysis
VelocityShares 3x Long Natural Gas ETN: Pivot points »

The following are 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

EWZ

MSCI Brazil Index

$39.33

0.58 (1.50%)

05:52
08/23/17
08/23
05:52
08/23/17
05:52
Technical Analysis
MSCI Brazil Index: Pivot points »

The following are 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

EFA

iShares MSCI EAFE Index Fund

$66.49

0.32 (0.48%)

05:51
08/23/17
08/23
05:51
08/23/17
05:51
Technical Analysis
iShares MSCI EAFE Index Fund: Pivot points »

The following are 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

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.