Breaking News Instant updates and real-time market news.

HSY

Hershey

$110.07

0.1 (0.09%)

, NSRGY

Nestle

$87.09

0.525 (0.61%)

16:48
10/13/17
10/13
16:48
10/13/17
16:48

Hershey expected to submit offer for Nestle's U.S. confectionery unit, CNBC says

Hershey (HSY) is expected to be among the parties submitting an initial offer to acquire Nestle's (NSRGY) U.S. confectionery unit, CNBC reports, citing sources familiar with the situation. The business makes products such as Butterfinger, Baby Ruth, Sno-Caps, and Laffy Taffy, the report says. Lemonheads-maker Ferrara Candy, which is owned by L. Catterton, is also anticipated to submit an introductory bid, the report says. Ferrero is also reportedly among those eyeing the business, the report notes. Reference Link

HSY

Hershey

$110.07

0.1 (0.09%)

NSRGY

Nestle

$87.09

0.525 (0.61%)

  • 26

    Oct

HSY Hershey
$110.07

0.1 (0.09%)

08/18/17
SBSH
08/18/17
NO CHANGE
Target $126
SBSH
Buy
Citi says Hershey meetings support bullish thesis
Citi analyst David Driscoll says he left meetings with management with increased confidence in Hershey's story. The company's "Margin for Growth" cost savings provide good visibility into its high single digit earnings target over the next three years, Driscoll tells investors in a research note. The analyst keeps a Buy rating on the shares with a $126 price target.
08/17/17
08/17/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Target (TGT) upgraded to Buy from Neutral at MKM Partners. 2. Hershey (HSY) upgraded to Outperform from Market Perform at Bernstein with analyst Alexia Howard saying lower input costs could boost the company's gross margins heading into 2018. 3. EnerSys (ENS) upgraded to Buy from Neutral at Sidoti with analyst citing the recent pullback in shares and maintained an $83 price target. 4. Mosaic (MOS) upgraded to Hold from Sell at Vertical Research with analyst Sandy Klugman citing valuation. 5. Regency Centers (REG) upgraded to Top Pick from Outperform at RBC Capital with analyst Wes Golladay saying that Regency has "one of the best portfolios amongst the shopping center REITs." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/17/17
BERN
08/17/17
UPGRADE
BERN
Outperform
Hershey upgraded on lower input costs at Bernstein
As noted earlier, Bernstein upgraded Hershey to Outperform from Market Perform. Analyst Alexia Howard believes that lower input costs could boost the company's gross margins heading into 2018. She expects the U.S. chocolate category to grow modestly going forward, driven by millenials' love of snacking and increased innovation. Target to $127 from $109.
08/17/17
BERN
08/17/17
UPGRADE
BERN
Outperform
Hershey upgraded to Outperform from Market Perform at Bernstein
NSRGY Nestle
$87.09

0.525 (0.61%)

10/13/17
CHLM
10/13/17
NO CHANGE
Target $7
CHLM
Buy
Market just beginning to recognize Codexis opportunity, says Craig-Hallum
Craig-Hallum analyst Matt Hewitt says Codexis (CDXS) has a "unique proprietary CodeEvolver protein engineering platform" that is being sought by large pharma names, citing yesterday's announcement of a partnership with Nestle (NSRGY). Hewitt says that despite the recent stock price appreciation, the increasing value of the company's development pipeline suggests the markets is just starting to recognize the opportunity. The analyst has a Buy rating and a $7 price target on the stock.
10/04/17
MSCO
10/04/17
NO CHANGE
Target $62
MSCO
Overweight
'Third Wave' coffee shops still too small to hurt Starbucks, says Morgan Stanley
Morgan Stanley analyst John Glass said the emergence of more "Third Wave" coffee shops have fueled competitive fears for Starbucks (SBUX), but he contends that the absolute numbers of specialty chains with 10 or more units remain small and most data sources show smaller chains and independents are flat to slightly declining in number. Recent high profile investments in specialty coffee, such as JAB's purchases of Stumptown and Intelligentsia and Nestle's (NSRGY) majority stake in Blue Bottle, are making headlines, but the brands' competitive relevance may be overstated, Glass tells investors. The analyst, who added that the last time McDonald's (MCD) pushed into specialty coffee it had "no discernable negative impact on Starbucks, and arguably even a positive one," keeps an Overweight rating and $62 price target on Starbucks shares.
08/16/17
PIPR
08/16/17
NO CHANGE
Target $92
PIPR
Neutral
Kraft Heinz could have interest in Nestle divestitures, says Piper Jaffray
Piper Jaffray analyst Michael Lavery expects Kraft Heinz (KHC) to pursue further consolidation, likely in packaged food, and believes potential divestitures from Nestle (NSRGY) could fit the company's criteria well. Such a deal could boost Kraft's international scale and provide synergy savings in its U.S. frozen supply chain, the analyst tells investors in a research note. He maintains a Neutral rating on Kraft Heinz shares with a $92 price target.
06/26/17
JPMS
06/26/17
NO CHANGE
JPMS
JPMorgan sees Kraft, Conagra, Dean rallying on Nestle speculation
JPMorgan analyst Ken Goldman expects Third Point's desire for Nestle (NSRGY) to divest assets to have an impact on shares of U.S. food producers. The analyst expects shares of Kraft Heinz (KHC), Conagra Brands (CAG) and Dean Foods (DF) to rally today on hopes of a potential accretive deal for some of Nestle's assets. The analyst thinks General Mills (GIS) shares may drop slightly on speculation that Nestle sells Cereal Partners Worldwide, which he believes would hinder the company's ability to grow cereal internationally. General Mills has a global partnership with Nestle via Cereal Partners Worldwide. Goldman also thinks Pinnacle Foods (PF) could trade down slightly with Conagra having "another potential dance partner" to do a deal.

TODAY'S FREE FLY STORIES

IBM

IBM

$146.51

-0.32 (-0.22%)

14:49
10/17/17
10/17
14:49
10/17/17
14:49
Options
IBM options imply 5.5% move in share price post-earnings, above median historical move »

Pre-earnings options…

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

    Oct

  • 22

    Oct

  • 15

    Nov

STZ

Constellation Brands, also tag STZ.B

$212.29

1.84 (0.87%)

14:46
10/17/17
10/17
14:46
10/17/17
14:46
Conference/Events
Constellation Brands, also tag STZ.B management to meet with SunTrust »

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

  • 17

    Oct

SVU

Supervalu

$18.90

0.085 (0.45%)

14:40
10/17/17
10/17
14:40
10/17/17
14:40
Options
Short-term call buying in SuperValu as shares slip into earnings »

Short-term call buying 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

  • 18

    Oct

HES

Hess Corp.

$45.67

-0.37 (-0.80%)

14:30
10/17/17
10/17
14:30
10/17/17
14:30
Options
Hefty spread in Hess as a bullish position is adjusted »

Hefty spread in Hess as a…

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

DAL

Delta Air Lines

$52.91

-0.71 (-1.32%)

, MSG

Madison Square Garden

$215.84

-1.91 (-0.88%)

14:27
10/17/17
10/17
14:27
10/17/17
14:27
Hot Stocks
Delta expands MSG, MSG Networks partnership »

Delta (DAL) has renewed…

DAL

Delta Air Lines

$52.91

-0.71 (-1.32%)

MSG

Madison Square Garden

$215.84

-1.91 (-0.88%)

MSGN

MSG Networks

$21.03

0.275 (1.33%)

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

  • 01

    Nov

MOH

Molina Healthcare

$61.64

1.78 (2.97%)

, UNH

UnitedHealth

$205.36

12.16 (6.29%)

14:27
10/17/17
10/17
14:27
10/17/17
14:27
Periodicals
Senator says bipartisan deal reached to stabilize ObamaCare, The Hill reports »

Republican Senator Lamar…

MOH

Molina Healthcare

$61.64

1.78 (2.97%)

UNH

UnitedHealth

$205.36

12.16 (6.29%)

CNC

Centene

$93.61

2.6901 (2.96%)

WCG

WellCare

$173.81

5.89 (3.51%)

CI

Cigna

$188.26

3.27 (1.77%)

ANTM

Anthem

$189.00

5.24 (2.85%)

HNT

Health Net

HUM

Humana

$241.96

4.785 (2.02%)

AET

Aetna

$155.62

4.18 (2.76%)

THC

Tenet

$13.31

0.4 (3.10%)

UHS

Universal Health

$108.19

2.59 (2.45%)

LPNT

LifePoint

$55.80

0.8 (1.45%)

HCA

HCA Healthcare

$77.14

1.95 (2.59%)

CYH

Community Health

$6.13

0.23 (3.90%)

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

    Oct

  • 24

    Oct

  • 25

    Oct

  • 31

    Oct

  • 02

    Nov

  • 02

    Nov

  • 06

    Nov

  • 08

    Nov

14:25
10/17/17
10/17
14:25
10/17/17
14:25
General news
Fed discount rate meeting minutes: 11 of 12 Banks voted for an unchanged »

Fed discount rate meeting…

ORI

Old Republic

$19.53

-0.24 (-1.21%)

14:21
10/17/17
10/17
14:21
10/17/17
14:21
Hot Stocks
Breaking Hot Stocks news story on Old Republic »

Old Republic trading…

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

MTN

Vail Resorts

$218.22

1.7975 (0.83%)

14:20
10/17/17
10/17
14:20
10/17/17
14:20
Options
Call buyers in Vail Resorts as shares see strength »

Call buyers in Vail…

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

  • 08

    Nov

SVU

Supervalu

$18.77

-0.04 (-0.21%)

14:18
10/17/17
10/17
14:18
10/17/17
14:18
Technical Analysis
Technical Earnings Preview: Supervalu at multi-year lows ahead of results »

The stock has been in a…

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

    Oct

$NSD

NASDAQ Market Internals

14:17
10/17/17
10/17
14:17
10/17/17
14:17
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

INTC

Intel

$39.76

0.09 (0.23%)

, NVDA

Nvidia

$197.93

3.34 (1.72%)

14:16
10/17/17
10/17
14:16
10/17/17
14:16
Periodicals
Intel unveils new family of chips to take on Nvidia in AI, The Verge says »

Intel (INTC) has unveiled…

INTC

Intel

$39.76

0.09 (0.23%)

NVDA

Nvidia

$197.93

3.34 (1.72%)

SFTBF

SoftBank

$89.80

0.9 (1.01%)

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

    Oct

  • 18

    Oct

  • 19

    Oct

  • 22

    Oct

  • 23

    Oct

  • 30

    Oct

  • 01

    Nov

$NYE

NYSE Market Internals

14:16
10/17/17
10/17
14:16
10/17/17
14:16
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

ORI

Old Republic

$19.53

-0.245 (-1.24%)

14:11
10/17/17
10/17
14:11
10/17/17
14:11
Hot Stocks
Old Republic says Q3 to include operating charges of $150M »

Old Republic…

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

NAVI

Navient

$11.73

0.11 (0.95%)

14:10
10/17/17
10/17
14:10
10/17/17
14:10
Options
Call buyers in Navient ahead of earnings »

Call buyers in Navient…

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

    Oct

UNP

Union Pacific

$110.09

-2 (-1.78%)

14:08
10/17/17
10/17
14:08
10/17/17
14:08
Periodicals
Breaking Periodicals news story on Union Pacific »

Union Pacific initiated…

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

  • 26

    Oct

PACW

PacWest Bancorp

$48.09

0.13 (0.27%)

14:05
10/17/17
10/17
14:05
10/17/17
14:05
Downgrade
PacWest Bancorp rating change  »

PacWest Bancorp…

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

  • 01

    Nov

  • 09

    Nov

  • 13

    Nov

  • 14

    Nov

MOH

Molina Healthcare

$60.74

0.88 (1.47%)

, UNH

UnitedHealth

$204.93

11.73 (6.07%)

14:01
10/17/17
10/17
14:01
10/17/17
14:01
Periodicals
Senator Alexander says deal reached to shore up ACA markets, Bloomberg says »

Bloomberg cites Senator…

MOH

Molina Healthcare

$60.74

0.88 (1.47%)

UNH

UnitedHealth

$204.93

11.73 (6.07%)

CNC

Centene

$92.84

1.92 (2.11%)

WCG

WellCare

$172.72

4.8 (2.86%)

CI

Cigna

$187.49

2.5 (1.35%)

ANTM

Anthem

$187.60

3.8392 (2.09%)

HNT

Health Net

HUM

Humana

$241.08

3.905 (1.65%)

AET

Aetna

$155.17

3.7303 (2.46%)

HCA

HCA Healthcare

$75.63

0.44 (0.59%)

CYH

Community Health

$5.97

0.065 (1.10%)

THC

Tenet

$12.79

-0.12 (-0.93%)

UHS

Universal Health

$106.78

1.18 (1.12%)

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

  • 17

    Oct

  • 24

    Oct

  • 25

    Oct

  • 31

    Oct

  • 02

    Nov

  • 02

    Nov

  • 06

    Nov

  • 08

    Nov

ORI

Old Republic

$19.54

-0.23 (-1.16%)

14:01
10/17/17
10/17
14:01
10/17/17
14:01
Hot Stocks
Breaking Hot Stocks news story on Old Republic »

Old Republic trading…

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

DE

Deere

$128.76

1.035 (0.81%)

14:00
10/17/17
10/17
14:00
10/17/17
14:00
Hot Stocks
Deere wins trademark lawsuit against FIMCO »

U.S. District Court 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

    Nov

XLF

Financial Select Sector

$26.13

-0.17 (-0.65%)

14:00
10/17/17
10/17
14:00
10/17/17
14:00
Options
Whale of a trade in SPDR Financial ETF expresses a defensive view »

Whale of a trade in SPDR…

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

AMZN

Amazon.com

$1,006.34

3.4 (0.34%)

13:47
10/17/17
10/17
13:47
10/17/17
13:47
Periodicals
Amazon inks deals with apartment landlords for lockers, WSJ reports »

Amazon.com has signed…

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

    Oct

  • 22

    Oct

  • 26

    Oct

WMT

Wal-Mart

$85.81

0.065 (0.08%)

13:41
10/17/17
10/17
13:41
10/17/17
13:41
Periodicals
Wal-Mart's Lore: Company plans to acquire more startups, TechCrunch reports »

Wal-Mart eCommerce CEO…

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

  • 16

    Nov

  • 21

    Nov

  • 20

    Feb

FB

Facebook

$174.52

0.78 (0.45%)

13:41
10/17/17
10/17
13:41
10/17/17
13:41
Hot Stocks
Facebook's Regina Dugan says to leave company early next year »

Regina Dugan, the head 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

  • 22

    Oct

  • 24

    Oct

  • 01

    Nov

EEM

MSCI Emerging Markets Index

$46.43

-0.2011 (-0.43%)

13:40
10/17/17
10/17
13:40
10/17/17
13:40
Options
Defensive option play in iShares Emerging Markets ETF »

Defensive option play 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

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.