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TCEHY

Tencent

$43.66

0.67 (1.56%)

, AAPL

Apple

$159.88

1.6 (1.01%)

17:37
09/15/17
09/15
17:37
09/15/17
17:37

Spotify rebuffed Tencent offer earlier this year, TechCrunch says

Music streaming service Spotify, which according to reports may preparing for an IPO-less listing next year, has rebuffed an opportunity to be purchased by Chinese Internet company Tencent (TCEHY), says TechCrunch. According to TechCrunch, "Tencent is said to have approached Spotify with a view to acquiring the company to extend its burgeoning music business outside of China and Asia." TechCrunch cites a source with knowledge of the matter. Other publicly traded companies in the space include Apple (AAPL) and Pandora (P). Reference Link

TCEHY

Tencent

$43.66

0.67 (1.56%)

AAPL

Apple

$159.88

1.6 (1.01%)

P

Pandora

$8.12

-0.05 (-0.61%)

  • 15

    Sep

TCEHY Tencent
$43.66

0.67 (1.56%)

04/18/17
BNCH
04/18/17
INITIATION
Target $140
BNCH
Benchmark initates China internet sector with positive bias
Benchmark analyst Fawne Jiang initiated coverage of China's internet sector, on which she is positive given her expectation for continued solid growth. Within the space, Tencent (TCEHY) and Alibaba (BABA) are her top platform picks; Weibo (WB) is her top social media play; Ctrip.com (CTRP) and China Lodging (HTHT) are her travel preferences; and TAL Education (TAL) and New Oriental Education (EDU) are her China education plays.
04/18/17
BNCH
04/18/17
INITIATION
BNCH
Buy
Tencent initiated with a Buy at Benchmark
Benchmark analyst Fawne Jiang initiated Tencent with a Buy rating and HK$285 price target.
05/18/17
RHCO
05/18/17
NO CHANGE
RHCO
Pandora could be acquired for $12 per share, says SunTrust
After The New York Post reported that merger talks between Pandora (P) and Sirius XM (SIRI) have resumed, SunTrust analyst Matthew Thornton says that Pandora can be acquired for a per share price of "$9+-$12+." He thinks that other suitors besides Sirius could include Tencent (TCEHY), Spotify, and Google (GOOG,GOOGL) However, the analyst adds that Pandora's new features have not impacted the company's fundamentals significantly, while the launch of its new products has been delayed. He cut his price target on the shares to $10.50 from $16 but kept a Buy rating on the stock.
09/12/17
MSCO
09/12/17
NO CHANGE
MSCO
Augmented Reality the next 'killer app' to power Apple, says Morgan Stanley
A team of Morgan Stanley analysts including Katy Huberty, Brian Nowak and Grace Chen, among others, state in a new note to investors that they view Augmented Reality, or AR, as a revolutionary trend that can be "the next killer app" to extend the life of the smartphone market and accelerate device upgrades, led by Apple's (AAPL) iPhone. The analysts, who compare the impact of AR to the launch of Apple's App Store nearly a decade ago, add that they "don't expect the Android ecosystem to stand still in response." Huberty and the team raised the firm's "bull case" valuation of Apple, which they see taking the lead in AR, to $253 from $203. While they see Apple as "the clear leader" in AR, Google (GOOG) and Tencent (TCEHY) are also well-positioned and "interesting use cases" in e-commerce could benefit Alibaba (BABA) and Amazon (AMZN), they add.
AAPL Apple
$159.88

1.6 (1.01%)

09/14/17
MAXM
09/14/17
NO CHANGE
MAXM
Apple fiscal 2018 EPS estimate raised at Maxim
After Apple announced that it would charge $1,000 for its iPhone X, Maxim analyst Nehal Chokshi increased his fiscal 2018 EPS estimate for the company to $13+ from $11.75. According to the analyst, the consensus estimate is roughly $11. However, the analyst lowered his fiscal 2018 iPhone unit sales estimate for Greater China by 25% and cut his fiscal 2018 iPhone unit sales estimate outside of Greater China by 8%. He raised his price target on the stock to $182 from $180 and keeps a Buy rating on the shares.
09/14/17
BERN
09/14/17
NO CHANGE
BERN
A.I. 'moving to the edge,' no material impact yet, says Bernstein
Bernstein analyst Pierre Ferragu notes that Apple has announced the much-leaked iPhone X, 8 and 8 plus, and provided additional details provided about the iPhone X's new chip, the A11. While the chip is confirming that A.I. is moving to the edge with applications heavy on pictures and video, it does not have a material impact on leading edge silicon content yet, he argues. The analyst points out that the A11 counts only 30% more transistors than the A10.
09/15/17
KEYB
09/15/17
NO CHANGE
Target $62
KEYB
Overweight
Criteo has workaround to Apple cookie disabler, says KeyBanc
KeyBanc analyst Andy Hargreaves recommends buying Criteo (CRTO) after the company at an event yesterday detailed its Commerce Marketing Platform, which aggregates online and offline data across partners to create a "Shopper Graph." The product has the potential to create new product areas, deepen partnerships and expand Criteo's "moat," Hargreaves tells investors in a research note. The stock has been weak on Apple's (AAPL) upcoming Intelligent Tracking Prevention rollout, which attempts to disable third-party tracking cookies after 24 hours, Hargreaves points out. He sees the issue as transitory, however, noting Criteo has a workaround that he believes will prove effective with direct publisher relationships. The analyst views Criteo's risk/reward as attractive and keeps an Overweight rating on the name with a $62 price target.
09/15/17
09/15/17
UPGRADE
Target $62.5

Outperform
Qualcomm upgraded to Outperform on 3D sensing opportunity at Northland
As previously reported, Northland analyst Tom Sepenzis upgraded Qualcomm (QCOM) to Outperform from Market Perform on expectations for market share gains in 2018, particularly at the high end, as he sees the company and partner Himax (HIMX) as well positioned to become the "de facto leading 3D sensing solution" with Android manufacturers who follow the lead of Apple's (AAPL) new iPhone X. From what he understands, handset makers that want to use its SLiM structured light solution will have to use Qualcomm's next generation Snapdragon chipset too, he tells investors. Sepenzis keeps a $62.50 price target on Qualcomm shares.
P Pandora
$8.12

-0.05 (-0.61%)

08/15/17
STFL
08/15/17
NO CHANGE
STFL
New executives could be 'very valuable' to Pandora, says Stifel
Stifel analyst John Egbert says that Pandora's new CEO, Roger Lynch, and its new board member, Michael Lynton , "bring decades of valuable experience as high-ranking media executives, which Pandora can surely use more of at this junction." The analyst says that the pair's "experience and expertise..could be very valuable to Pandora." The analyst keeps a $12 price target and a Buy rating on the shares.
08/01/17
BOFA
08/01/17
NO CHANGE
Target $7.5
BOFA
Underperform
Pandora price target lowered to $7.50, no turnaround in sight, says BofA/Merrill
BofA/Merrill analyst Nat Schindler said Pandora reported a Q1 beat but guidance was well below the Street. The analyst thinks structural problems are deep and said its hard to see how the model will work without major cost cutting. Schindler said Pandora is challenged by declining users and cut his price target to $7.50 from $9 and reiterated its Underperform rating.
08/01/17
STFL
08/01/17
NO CHANGE
STFL
Pandora price target lowered to $12 from $14 at Stifel
After Pandora reported a lower than expected Q2 per share loss but lowered its revenue guidance, Stifel analyst John Egbert reduced his price target "to reflect a more modest near-term growth outlook." However, the analyst noted that the company expects trends in its ad business to improve in 2H17, and he says that the company's Premium business grew at a "healthy" rate. He keeps a Buy rating on the stock.
08/01/17
WEDB
08/01/17
NO CHANGE
WEDB
Pandora to reach profitability faster than previously expected, says Wedbush
After Pandora reported lower than expected revenue but a lower than expected loss, Wedbush analyst Michael Pachter thinks that the company's subscription totals and marketing spending will be lower than he previously expected. As a result;, he expects Pandora to return to profitability more quickly than he previously believed and says that "a return to profitability" this year has become more likely. The analyst keeps a $15 price target and an Outperform rating on the stock.

TODAY'S FREE FLY STORIES

DSW

DSW

$20.89

0.26 (1.26%)

10:06
01/17/18
01/17
10:06
01/17/18
10:06
Conference/Events
DSW management to meet with Jefferies »

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  • 18

    Jan

EXAS

Exact Sciences

$52.95

0.33 (0.63%)

10:04
01/17/18
01/17
10:04
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10:04
Hot Stocks
Exact Sciences drops after release of abstract on possible Cologuard competitor »

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VMW

VMware

$132.75

0.61 (0.46%)

10:02
01/17/18
01/17
10:02
01/17/18
10:02
Conference/Events
VMware management to meet with Jefferies »

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GS

Goldman Sachs

$252.90

-5.33 (-2.06%)

10:01
01/17/18
01/17
10:01
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10:01
Hot Stocks
Breaking Hot Stocks news story on Goldman Sachs »

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BAH

Booz Allen

$40.02

0.16 (0.40%)

10:01
01/17/18
01/17
10:01
01/17/18
10:01
Hot Stocks
Booz Allen awarded $165M 5-year contract to support USCYBERCOM »

the General Services…

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  • 05

    Feb

CMTL

Comtech

$21.40

-0.58 (-2.64%)

10:01
01/17/18
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10:01
Hot Stocks
Comtech receives $19.1M follow-on contract »

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10:01
01/17/18
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10:01
01/17/18
10:01
General news
Housing Market Index data reported »

January Housing Market…

ACLS

Axcelis

$30.30

1.15 (3.95%)

, AMAT

Applied Materials

$54.50

1.05 (1.96%)

10:00
01/17/18
01/17
10:00
01/17/18
10:00
Recommendations
Axcelis, Applied Materials analyst commentary  »

Axcelis lowered margin…

ACLS

Axcelis

$30.30

1.15 (3.95%)

AMAT

Applied Materials

$54.50

1.05 (1.96%)

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  • 17

    Jan

FAST

Fastenal

$55.44

-0.15 (-0.27%)

10:00
01/17/18
01/17
10:00
01/17/18
10:00
Options
Fast action in Fastenal Feb 55s post earnings »

Fast action in Fastenal…

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  • 17

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GS

Goldman Sachs

$253.61

-4.855 (-1.88%)

10:00
01/17/18
01/17
10:00
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10:00
Hot Stocks
Goldman CFO: Trading facing 'low volatility, low activity' world »

CFO Marty Chavez said on…

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  • 17

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    Jan

MVC

MVC Capital

$10.70

-0.02 (-0.19%)

09:59
01/17/18
01/17
09:59
01/17/18
09:59
Conference/Events
MVC Capital management to meet with JMP Securities »

Meeting to be held in New…

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  • 18

    Jan

KEYW

KEYW

$6.46

0.09 (1.41%)

09:58
01/17/18
01/17
09:58
01/17/18
09:58
Conference/Events
KEYW management to meet with RBC Capital »

Meeting to be held in New…

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  • 18

    Jan

  • 21

    Feb

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  • 14

    Jun

RIOT

Riot Blockchain

$18.28

-3.6 (-16.45%)

09:55
01/17/18
01/17
09:55
01/17/18
09:55
Options
Riot Blockchain Inc put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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  • 01

    Feb

LRCX

Lam Research

$190.39

1.88 (1.00%)

, MNST

Monster Beverage

$64.56

0.79 (1.24%)

09:55
01/17/18
01/17
09:55
01/17/18
09:55
Options
Early notable gainers among liquid option names on January 17th »

Notable gainers among…

LRCX

Lam Research

$190.39

1.88 (1.00%)

MNST

Monster Beverage

$64.56

0.79 (1.24%)

IBM

IBM

$167.92

4.07 (2.48%)

IFF

International Flavors

$155.52

2.98 (1.95%)

KLAC

KLA-Tencor

$107.66

0.37 (0.34%)

03/08/13
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  • 18

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    Jan

DIS

Disney

$110.92

0.23 (0.21%)

09:55
01/17/18
01/17
09:55
01/17/18
09:55
Periodicals
Disney's 'Last Jedi' drops 92% in second weekend at Chinese box office, THR says »

Disney's "Star…

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  • 18

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  • 06

    Feb

AMZN

Amazon.com

$1,304.86

-0.34 (-0.03%)

, HD

Home Depot

$197.20

0.89 (0.45%)

09:55
01/17/18
01/17
09:55
01/17/18
09:55
Conference/Events
Wedbush retail/hardlines analyst holds an analyst/industry conference call »

Retail/Hardlines Analyst…

AMZN

Amazon.com

$1,304.86

-0.34 (-0.03%)

HD

Home Depot

$197.20

0.89 (0.45%)

LOW

Lowe's

$101.01

0.0371 (0.04%)

W

Wayfair

$84.68

0.18 (0.21%)

WSM

Williams-Sonoma

$54.02

0.17 (0.32%)

BBBY

Bed Bath & Beyond

$23.01

0.19 (0.83%)

TPX

Tempur Sealy

$63.72

-0.075 (-0.12%)

AZO

AutoZone

$780.00

-1.02 (-0.13%)

AAP

Advance Auto Parts

$114.60

0.703 (0.62%)

ORLY

O'Reilly Automotive

$257.89

-0.71 (-0.27%)

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  • 17

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    Feb

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    Mar

FB

Facebook

$178.39

-0.98 (-0.55%)

, TWTR

Twitter

$24.52

-0.14 (-0.57%)

09:55
01/17/18
01/17
09:55
01/17/18
09:55
Conference/Events
Senate Commerce, Science & Transportation Committee to hold a hearing »

The Committee holds a…

FB

Facebook

$178.39

-0.98 (-0.55%)

TWTR

Twitter

$24.52

-0.14 (-0.57%)

03/08/13
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  • 17

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  • 07

    Feb

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    Feb

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    Feb

MRK

Merck

$62.32

0.25 (0.40%)

09:55
01/17/18
01/17
09:55
01/17/18
09:55
Conference/Events
Leerink pharmaceuticals analysts hold an analyst/industry conference call »

Analysts discuss whether…

03/08/13
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  • 17

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    Feb

  • 08

    Feb

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    Apr

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    Oct

OPGN

OpGen

$0.19

0.0143 (8.29%)

09:55
01/17/18
01/17
09:55
01/17/18
09:55
Conference/Events
OpGen to host special shareholder meeting »

Special Shareholder…

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  • 17

    Jan

09:54
01/17/18
01/17
09:54
01/17/18
09:54
General news
Market opens with gains, but holding them will be the focus »

Stock futures were higher…

ACLS

Axcelis

$30.30

1.15 (3.95%)

09:53
01/17/18
01/17
09:53
01/17/18
09:53
Hot Stocks
Breaking Hot Stocks news story on Axcelis »

Axcelis drops 5% to…

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  • 17

    Jan

XLF

Financial Select Sector

$29.16

0.01 (0.03%)

, XLE

Energy Select Sector SPDR

$76.69

0.25 (0.33%)

09:52
01/17/18
01/17
09:52
01/17/18
09:52
Technical Analysis
Technical Take: S&P 500 moves moderately higher, sector breadth mixed »

The S&P 500 (SPX) was…

XLF

Financial Select Sector

$29.16

0.01 (0.03%)

XLE

Energy Select Sector SPDR

$76.69

0.25 (0.33%)

XLI

Industrial Select Sector SPDR

$79.59

0.14 (0.18%)

XLK

Technology Select Sector SPDR

$66.91

0.36 (0.54%)

XLP

Consumer Staples Sector SPDR

$57.23

0.32 (0.56%)

XLV

Health Care Select Sector SPDR

$87.53

0.28 (0.32%)

SPY

SPDR S&P 500 ETF Trust

$277.86

0.89 (0.32%)

SPX

S&P 500

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QADB

QAD Inc

$31.80

0.05 (0.16%)

09:50
01/17/18
01/17
09:50
01/17/18
09:50
Hot Stocks
Breaking Hot Stocks news story on QAD Inc 

QAD Inc trading resumes

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ITIC

Investors Title Company

$199.00

3.26 (1.67%)

09:50
01/17/18
01/17
09:50
01/17/18
09:50
Hot Stocks
Breaking Hot Stocks news story on Investors Title Company »

Investors Title Company…

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XLP

Consumer Staples Sector SPDR

$57.07

0.16 (0.28%)

09:45
01/17/18
01/17
09:45
01/17/18
09:45
Technical Analysis
Technical Take: Consumer Staples Sector SPDR nearing breakout »

The Consumer Staples…

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