Breaking News Instant updates and real-time market news.

HLF

Herbalife

09:12
10/06/17
10/06
09:12
10/06/17
09:12

Herbalife announces preliminary results of 'modified Dutch auction' tender

Herbalife announced the preliminary results of its "modified Dutch auction" tender offer, which expired at 5:00 P.M., New York City time, on Thursday, October 5, 2017, to purchase for cash up to an aggregate of $600 million of the company's common shares at a per share price not less than $60.00 nor greater than $68.00, plus a non-transferable contractual contingent value right for each share tendered, allowing participants in the tender offer to receive a contingent cash payment should Herbalife be acquired in a going-private transaction within two years of the commencement of the tender offer. Based on the preliminary count by Computershare Trust Company, N.A., the Depositary for the tender offer, a total of approximately 6.7 million common shares of the Company were properly tendered and not properly withdrawn at or below the price of $68.00 per share, the maximum cash purchase price in the price range specified in the tender offer. The company expects to fund the share purchases in the tender offer from the proceeds from the $1,300.0 million term loan under its $1,450.0 million senior secured credit facility entered into on February 15, 2017.

  • 02

    Nov

HLF Herbalife

08/02/17
SBSH
08/02/17
NO CHANGE
Target $72
SBSH
Neutral
Herbalife earnings beat on lower tax rate, says Citi
Citi analyst Beth Kite attributes Herbalife's better than expected Q2 earnings to a lower tax rate. The analyst raised her 2017 earnings per share estimate to $4.70 from $4.62 but lowered her 2018 estimate to $4.98 from $5.15. Kite has concerns over the impact of the FTC Consent Order in the U.S., Nutrition Club dynamics and social media pressures in China as well as the distributor sponsorship in Mexico. She lowered her price target for Herbalife shares to $72 from $74 and keeps a Neutral rating on the shares.
08/03/17
TIGR
08/03/17
NO CHANGE
TIGR
Buy
Herbalife's 2017 remains a transition year, says Tigress Financial
In a post-earnings research note, Tigress Financial analyst Ivan Feinseth believes 2017 remains a transition year for Herbalife. He expects the company's business to show positive acceleration as management continues to implement new initiatives to drive growth. He reiterates a Buy rating on the shares.
10/03/17
SBSH
10/03/17
NO CHANGE
Target $73
SBSH
Neutral
Citi still cautious on Herbalife after updated Q3 outlook
Citi analyst Beth Kite says Herbalife's initial Q3 guidance offered sales growth as expected and higher earnings on a lower tax rate. The analyst notes her investment thesis remains focused on local currency sales growth. As such, last night's updated guidance keeps unchanged Kite's "cautious position on the shares." She raised her price target for Herbalife to $73 from $71 and keeps a Neutral rating on the name.
10/03/17
PIVT
10/03/17
NO CHANGE
Target $120
PIVT
Buy
Herbalife estimates lowered on share repurchase challenges at Pivotal Research
Pivotal analyst Timothy Ramey lowered his Q4 and 2018 estimates for Herbalife as he now believes the company's and his own share repurchase forecasts "are not attainable." Ramey added that "is bizarre that the company was so singularly unsuccessful at share repurchase to not even spend its cash flow this year," but he hopes the company's Dutch Auction is successful and allows for some progress on retiring shares. He keeps a Buy rating and $120 price target on Herbalife shares.

TODAY'S FREE FLY STORIES

V

Visa

$107.80

0.26 (0.24%)

07:04
10/19/17
10/19
07:04
10/19/17
07:04
Hot Stocks
Visa announces security platform Visa ID Intelligence »

Visa announced Visa ID…

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

    Oct

  • 25

    Oct

  • 29

    Nov

PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:04
10/19/17
10/19
07:04
10/19/17
07:04
Earnings
Philip Morris revises FY17 reported EPS view to $4.75-$4.80, consensus $4.84 »

PMI revises its 2017…

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

  • 19

    Oct

SPX

S&P 500

07:04
10/19/17
10/19
07:04
10/19/17
07:04
Hot Stocks
Trump thinks Republicans have votes for budget approval »

President Trump 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

RCI

Rogers Communications

$53.75

-0.23 (-0.43%)

07:03
10/19/17
10/19
07:03
10/19/17
07:03
Earnings
Rogers Communications reports Q3 EPS C$1.01, consensus C$0.80 »

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

  • 19

    Oct

PM

Philip Morris

$112.51

-0.14 (-0.12%)

07:02
10/19/17
10/19
07:02
10/19/17
07:02
Earnings
Philip Morris reports Q3 adjusted EPS $1.27, consensus $1.38 »

Reports Q3 revenues,…

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

  • 19

    Oct

ERIC

Ericsson

$5.98

0.08 (1.36%)

07:02
10/19/17
10/19
07:02
10/19/17
07:02
Downgrade
Ericsson rating change  »

Ericsson 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

TRV

Travelers

$130.02

1.37 (1.06%)

07:01
10/19/17
10/19
07:01
10/19/17
07:01
Hot Stocks
Travelers reports Q3 combined ratio of 103.2% »

Including 10.7 points of…

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

  • 19

    Oct

  • 13

    Nov

USO

United States Oil Fund

$10.48

-0.01 (-0.10%)

07:01
10/19/17
10/19
07:01
10/19/17
07:01
Technical Analysis
United States Oil Fund: Pivot points, pivot low edged »

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

$33.35

-0.32 (-0.95%)

07:00
10/19/17
10/19
07:00
10/19/17
07:00
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

$26.40

0.3 (1.15%)

06:59
10/19/17
10/19
06:59
10/19/17
06:59
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

TRV

Travelers

$130.02

1.37 (1.06%)

06:59
10/19/17
10/19
06:59
10/19/17
06:59
Hot Stocks
Breaking Hot Stocks news story on Travelers »

Travelers reports Q3…

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

  • 19

    Oct

  • 13

    Nov

UGAZ

VelocityShares 3x Long Natural Gas ETN

$10.23

-0.17 (-1.63%)

06:58
10/19/17
10/19
06:58
10/19/17
06:58
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

TRV

Travelers

$130.02

1.37 (1.06%)

06:58
10/19/17
10/19
06:58
10/19/17
06:58
Hot Stocks
Travelers reports Q3 book value per share $86.73 »

Reports Q3 adjusted book…

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

  • 19

    Oct

  • 13

    Nov

TRV

Travelers

$130.02

1.37 (1.06%)

06:58
10/19/17
10/19
06:58
10/19/17
06:58
Earnings
Travelers reports Q3 core EPS 91c, may not compare to consensus 43c »

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

  • 19

    Oct

  • 13

    Nov

EWZ

MSCI Brazil Index

$42.70

0.06 (0.14%)

06:57
10/19/17
10/19
06:57
10/19/17
06:57
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

$69.54

0.2 (0.29%)

06:57
10/19/17
10/19
06:57
10/19/17
06:57
Technical Analysis
iShares MSCI EAFE Index 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

NKE

Nike

$52.30

0.3 (0.58%)

06:56
10/19/17
10/19
06:56
10/19/17
06:56
Hot Stocks
Breaking Hot Stocks news story on Nike »

Nike drops 2% to $51.15…

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

  • 25

    Oct

NNI

Nelnet

$51.32

0.06 (0.12%)

06:55
10/19/17
10/19
06:55
10/19/17
06:55
Hot Stocks
Nelnet to acquire Great Lakes Educational for $150M »

Nelnet announced it has…

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

JNK

SPDR Barclays High Yield Bond

$37.27

0.02 (0.05%)

06:55
10/19/17
10/19
06:55
10/19/17
06:55
Technical Analysis
SPDR Barclays High Yield Bond: 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

SJB

ProShares Short High Yield

$23.06

-0.035 (-0.15%)

06:55
10/19/17
10/19
06:55
10/19/17
06:55
Technical Analysis
ProShares Short High Yield: 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

06:55
10/19/17
10/19
06:55
10/19/17
06:55
General news
Oil Action: Front-month WTI futures are down 1.2% »

Oil Action: Front-month…

PLX

Protalix

$0.83

0.176 (26.91%)

06:55
10/19/17
10/19
06:55
10/19/17
06:55
Conference/Events
Protalix to host special shareholder meeting »

Special Shareholder…

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

  • 19

    Oct

HYG

iShares iBoxx $ High Yield Corporate Bond

$88.60

0.09 (0.10%)

06:54
10/19/17
10/19
06:54
10/19/17
06:54
Technical Analysis
iShares iBoxx $ High Yield Corporate Bond: 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

TXN

Texas Instruments

$93.43

-0.84 (-0.89%)

, ADI

Analog Devices

$89.00

0.06 (0.07%)

06:54
10/19/17
10/19
06:54
10/19/17
06:54
Recommendations
Texas Instruments, Analog Devices, Microchip, Maxim Integrated, ON Semiconductor analyst commentary  »

Jefferies sees…

TXN

Texas Instruments

$93.43

-0.84 (-0.89%)

ADI

Analog Devices

$89.00

0.06 (0.07%)

MCHP

Microchip

$92.12

0.42 (0.46%)

MXIM

Maxim Integrated

$49.85

-0.01 (-0.02%)

ON

ON Semiconductor

$19.71

0.11 (0.56%)

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

  • 19

    Oct

  • 19

    Oct

  • 23

    Oct

  • 24

    Oct

  • 06

    Nov

LQD

iShares iBoxx $ Investment Grade Corporate Bond

$121.21

-0.18 (-0.15%)

06:54
10/19/17
10/19
06:54
10/19/17
06:54
Technical Analysis
iShares iBoxx $ Investment Grade Corporate Bond: 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.