Breaking News Instant updates and real-time market news.

SFTBF

SoftBank

$88.90

1.6 (1.83%)

, S

Sprint

$7.12

-0.02 (-0.28%)

09:51
10/14/17
10/14
09:51
10/14/17
09:51

Softbank shares can still go higher, Barron's says

SoftBank (SFTBF) is reportedly ready to announce a $10B deal to buy up to 17% of Uber, as it negotiates a merge of its Sprint (S) unit with rival T-Mobile (TMUS) to challenge Verizon (VZ) and AT&T (T), Assif Shameen writes in this week's edition of Barron's. SoftBank stock is up 27% year to date and 140% from the lows of February 2016, but its shares can go still higher, the publication adds. Reference Link

SFTBF

SoftBank

$88.90

1.6 (1.83%)

S

Sprint

$7.12

-0.02 (-0.28%)

TMUS

T-Mobile

$61.39

0.11 (0.18%)

VZ

Verizon

$47.86

-0.49 (-1.01%)

T

AT&T

$35.70

-0.16 (-0.45%)

  • 19

    Oct

  • 24

    Oct

  • 01

    Nov

  • 29

    Nov

SFTBF SoftBank
$88.90

1.6 (1.83%)

09/29/17
09/29/17
NO CHANGE

SoftBank eyes acquisitions to create $300B asset-management arm, Bloomberg says
SoftBank Group (SFTBF) is looking at further acquisitions in the financial sector in an effort to establish a $300B asset management arm that would include its $93B Vision Fund over the next four to five years, Bloomberg reports, citing people familiar with the matter. SoftBank, which agreed to acquire Fortress Investment Group (FIG) for $3.3B in February, is mulling investments in the space such as acquiring traditional investment firms or taking stakes in major private equity shops like KKR (KKR). Reference Link
12/07/16
OPCO
12/07/16
NO CHANGE
Target $70
OPCO
Outperform
T-Mobile price target raised to $70 from $55 at Oppenheimer
Oppenheimer analyst Timothy Horan raised his price target for T-Mobile (TMUS) to $70 from $55 as he views it as the best way to play the deregulatory/technology driven consolidation. The analyst notes that President-Elect Trump met with Masayoshi Son of SoftBank (SFTBF), who agreed to invest $50B in the U.S. Horan believes the meeting will likely be a precursor to a Sprint (S)/T-Mobile/Dish (DISH) merger to create a discounted quad-play service company. The analyst reiterates an Outperform rating on T-Mobile' shares, and points out that the company has improved its network and taken share from AT&T (T)/Verizon (VZ).
08/14/17
UBSW
08/14/17
NO CHANGE
Target $450
UBSW
Buy
Charter price target raised to $450 from $380 at UBS
UBS analyst John Hodulik raised his price target on Charter to $450 from $380 following his review of potential strategic options for the company. The analyst looked at the increasing M&A speculation and said many of the options come with significantly higher leverage than its current ratio. He believes it can be increased and supported with free cash flow while maintaining its investment grade rating. Hodulik said applying a conservative multiple would suggest significant upside to the shares setting a possible floor for a suitor. Hodulik reiterated his Buy rating on Charter shares.
S Sprint
$7.12

-0.02 (-0.28%)

09/27/17
KEYB
09/27/17
UPGRADE
Target $170
KEYB
Overweight
SBA Communications upgraded to Overweight from Sector Weight at KeyBanc
KeyBanc analyst Brandon Nispel upgraded SBA Communications (SBAC) to Overweight saying fears surrounding carrier consolidation has created a buying opportunity. Even with potential churn from customer consolidation, SBA's organic growth should accelerate into 2018 and 2019 with "carrier LTE-Advanced investments paving the way for 5G," Nispel tells investors in a research note. He also believes e combined T-Mobile (TMUS) and Sprint (S) would require more sites, not fewer. The analyst established a $170 price target for shares of SBA Communications.
09/25/17
CHLM
09/25/17
NO CHANGE
CHLM
Initial Apple iPhone 8 likely weaker than previous iPhones, says Craig-Hallum
Craig-Hallum analyst Anthony Stoss says that initial Apple (AAPL) iPhone 8/8 Plus sales are likely weaker than previous generation iPhone launches as consumers wait for the iPhone X set to go on sale for preorders October 27th and live in store's November 3rd. The analyst believes lack of carrier sweetheart deals like with the iPhone 7 launch have led to lower consumer demand, with Sprint (S) being the only carrier currently offering a free 64GB iPhone 8 with eligible trade-in of select devices. Stoss also thinks consumers waiting for the iPhone X is a "strong" positive for STMicroelectronics (STM) as he believes it likely has about $6-$8 in content in the iPhone X versus $3-$4 in the iPhone 8/8 Plus.
09/28/17
RAJA
09/28/17
NO CHANGE
RAJA
DOJ appointment catalyst for CenturyLink, Level 3 deal, says Raymond James
Makan Delrahim was finally confirmed by the Senate yesterday as head of the Department of Justice Antitrust Division, Raymond James analyst Frank Louthan tells investors in a research note. He believes not having an antitrust head is at least partially to blame for the delay in mergers and acquisitions in the Technology & Communications space this year, including outstanding transactions like CenturyLink (CTL)/Level 3 Communications (LVLT) and AT&T (T)/Time Warner (TWX), as well as potential deals like Sprint (S)/T-Mobile U.S. (TMUS). The appointment of Delrahim is a catalyst for the approval of CenturyLink's acquisition of Level 3, where the Department of Justice has been the bottleneck, Louthan writes.
09/26/17
JEFF
09/26/17
NO CHANGE
JEFF
Buy
T-Mobile shares could be worth over $90 with Sprint deal, says Jefferies
A merger between T-Mobile (TMUS) and Sprint (S) would make for a much stronger number three player in wireless and bring "massive" synergies, but regulatory approval, while not out of the question, remains uncertain, Jefferies analyst Mike McCormack tells investors in a research note. The analyst's initial pro forma analysis, which assumes an all-stock transaction at current market prices and synergies ramping to a $4.5B run rate in year three, suggests T-Mobile could be worth more than $90 per share in a deal scenario, or 43% above the current price. The stock closed yesterday down $1.17 to $62.89. McCormack also continues to see "significant value" in T-Mobile on a standalone basis. He has a Buy rating on the shares with an $80 price target.
TMUS T-Mobile
$61.39

0.11 (0.18%)

10/13/17
JPMS
10/13/17
NO CHANGE
Target $225
JPMS
Overweight
Netflix price target raised to $225 from $210 at JPMorgan
JPMorgan analyst Doug Anmuth raised his price target for Netflix (NFLX) shares to $225 ahead of the company's Q3 results on Monday, October 16. The analyst cites the recent price increase as well as the T-Mobile (TMUS) promotion for his higher target. He upped his estimate for Q3 U.S. net subscriber additions to 800,000 from 765,000 but lowered his Q4 estimate to 1.65M from 1.7M as he expects price increase-related churn to potentially offset the T-Mobile promotion. Netflix remains one of Anmuth's top two large-cap picks.
VZ Verizon
$47.86

-0.49 (-1.01%)

09/05/17
MSCO
09/05/17
NO CHANGE
Target $53
MSCO
Overweight
Morgan Stanley predicts another 5c dividend hike coming for Verizon
Morgan Stanley analyst Simon Flannery said he sees a few arguments for Verizon continuing its recent dividend growth pattern, but he also sees some counter-arguments for a smaller increase or even a dividend freeze. In the end, he expects the company, which has raised its dividend annually since 2007, will hike its annual dividend by 5c this quarter, most likely with an announcement being made this Thursday, September 7. Flannery keeps an Overweight rating and $53 price target on Verizon shares.
09/20/17
DBAB
09/20/17
NO CHANGE
DBAB
Sprint, T-Mobile merger unlikely to get regulatory approval, says Deutsche Bank
Deutsche Bank analyst Matthew Niknam continues to believe a potential merger between Sprint (S) and T-Mobile (TMUS) faces "significant hurdles" and is ultimately unlikely to get past regulatory concerns. Merits of the deal, however, are "unparalleled, and very tough to debate," Niknam tells investors in a research note following CNBC's report of progressing deal talks. He believes derivative stock reactions on the news, namely strength in AT&T (T) and Verizon (VZ) and weakness in the tower names, could be at risk of reversing. Among the towers, the analyst has Buy ratings on American Tower (AMT) and Crown Castle (CCI).
09/20/17
OPCO
09/20/17
NO CHANGE
OPCO
Perform
Oppenheimer expects Sprint, T-Mobile merger to happen
Oppenheimer analyst Timothy Horan expect T-Mobile (TMUS) to merge with Sprint (S) in a stock-for-stock transaction at a $10 per share Sprint valuation. A T-Mobile/Sprint will be a better competitor to Verizon (VZ)/AT&T (T), the analyst says, adding that while the process is likely to have a few bumps and require time, he expects a merger to happen. Horan reiterates a Perform rating on Sprint's shares.
T AT&T
$35.70

-0.16 (-0.45%)

09/27/17
JPMS
09/27/17
NO CHANGE
JPMS
Overweight
TiVo extension with AT&T shows strength of portfolio, says JPMorgan
JPMorgan analyst Sterling Auty believes TiVo's (TIVO) intellectual property license deal extension with AT&T (T) to 2025 demonstrates the strength of its patent portfolio and its usefulness to the pay-TV providers. The deal also shows the longevity of the value of TiVo's IP portfolio, Auty tells investors in a research note. He keeps an Overweight rating on the shares.

TODAY'S FREE FLY STORIES

AU

AngloGold

$7.15

-0.015 (-0.21%)

13:30
08/17/18
08/17
13:30
08/17/18
13:30
Options
AngloGold Ashanti attracts an earnings hedge »

AngloGold Ashanti…

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

13:30
08/17/18
08/17
13:30
08/17/18
13:30
General news
NY Fed's GDP Nowcast model shows a 2.39% rate of growth for Q2 »

NY Fed's GDP Nowcast…

XOP

SPDR Oil Exploration and Production Fund

$39.57

0.08 (0.20%)

13:20
08/17/18
08/17
13:20
08/17/18
13:20
Options
Notable volatility play in SPDR Oil Exploration and Production ETF options »

Notable volatility play…

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

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
08/17/18
08/17
13:17
08/17/18
13:17
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

$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
08/17/18
08/17
13:16
08/17/18
13:16
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

13:15
08/17/18
08/17
13:15
08/17/18
13:15
General news
FOMC minutes to the June 30, August 1 policy meeting »

FOMC minutes to the June…

13:05
08/17/18
08/17
13:05
08/17/18
13:05
General news
Baker-Hughes Rig Count N. Amer. data reported »

Week of 8/17 Baker-Hughes…

ZOES

Zoe's Kitchen

$12.80

3.275 (34.40%)

13:02
08/17/18
08/17
13:02
08/17/18
13:02
Downgrade
Zoe's Kitchen rating change  »

Zoe's Kitchen…

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

    Aug

BHGE

Baker Hughes

$31.02

-0.57 (-1.80%)

13:02
08/17/18
08/17
13:02
08/17/18
13:02
Hot Stocks
Baker Hughes reports U.S. rig count unchanged at 1,057 rigs »

Baker Hughes reports that…

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

ZOES

Zoe's Kitchen

$12.80

3.275 (34.40%)

13:01
08/17/18
08/17
13:01
08/17/18
13:01
Downgrade
Zoe's Kitchen rating change  »

Zoe's Kitchen…

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

    Aug

ATGE

Adtalem Global Education

$47.20

-8.5 (-15.26%)

12:46
08/17/18
08/17
12:46
08/17/18
12:46
Recommendations
Adtalem Global Education analyst commentary  »

Adtalem Global Education…

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

  • 27

    Sep

12:45
08/17/18
08/17
12:45
08/17/18
12:45
General news
Breaking General news story  »

Week of 8/17 Baker-Hughes…

SPY

SPDR S&P 500 ETF Trust

$284.47

0.38 (0.13%)

, XLF

Financial Select Sector

$28.12

0.02 (0.07%)

12:43
08/17/18
08/17
12:43
08/17/18
12:43
Technical Analysis
On The Fly: ETF fund flow highlights »

For the week redemptions…

SPY

SPDR S&P 500 ETF Trust

$284.47

0.38 (0.13%)

XLF

Financial Select Sector

$28.12

0.02 (0.07%)

XLU

Utilities SPDR

$54.50

0.25 (0.46%)

VT

Vanguard Total World Stock ETF

$74.55

0.175 (0.24%)

GLD

SPDR Gold Trust

$111.57

0.46 (0.41%)

VOO

Vanguard S&P 500 ETF

$261.36

0.34 (0.13%)

IVV

iShares Core S&P 500

$286.46

0.34 (0.12%)

SPLV

Powershares S&P 500 Low Volatility Portfolio

$49.79

0.23 (0.46%)

SSO

ProShares Ultra S&P 500

$121.69

0.34 (0.28%)

XLP

Consumer Staples Sector SPDR

$55.01

0.38 (0.70%)

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

V

Visa

$141.08

0.44 (0.31%)

12:40
08/17/18
08/17
12:40
08/17/18
12:40
Options
Opening activity in Visa expiring puts »

Opening activity in Visa…

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

  • 12

    Sep

ANET

Arista Networks

$269.22

1.35 (0.50%)

, AAPL

Apple

$216.51

3.02 (1.41%)

12:38
08/17/18
08/17
12:38
08/17/18
12:38
Recommendations
Arista Networks, Apple analyst commentary  »

Arista Networks products…

ANET

Arista Networks

$269.22

1.35 (0.50%)

AAPL

Apple

$216.51

3.02 (1.41%)

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

  • 20

    Aug

  • 04

    Sep

SYNL

Synalloy

$23.10

0.2 (0.87%)

12:33
08/17/18
08/17
12:33
08/17/18
12:33
Hot Stocks
Synalloy's Bristol Metals awarded $8M tubing order »

Synalloy is pleased 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

  • 29

    Aug

12:30
08/17/18
08/17
12:30
08/17/18
12:30
General news
U.S. Data Slate - Week of August 20: »

U.S. Data Slate - Week of…

CWT

California Water Service

$40.90

0.25 (0.62%)

, SJW

SJW Corp.

$66.74

0.2 (0.30%)

12:27
08/17/18
08/17
12:27
08/17/18
12:27
Hot Stocks
California Water Service withdraws $70 per share offer to buy SJW Corp. »

California Water Service…

CWT

California Water Service

$40.90

0.25 (0.62%)

SJW

SJW Corp.

$66.74

0.2 (0.30%)

CTWS

Connecticut Water

$68.23

0.15 (0.22%)

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

NTNX

Nutanix

$52.99

-2.71 (-4.87%)

12:25
08/17/18
08/17
12:25
08/17/18
12:25
Options
Nutanix call volume above normal and directionally bullish »

Bullish option 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

  • 04

    Sep

  • 12

    Sep

12:22
08/17/18
08/17
12:22
08/17/18
12:22
Hot Stocks
Breaking Hot Stocks news story  »

Rosehill Resources Inc…

12:17
08/17/18
08/17
12:17
08/17/18
12:17
Hot Stocks
Breaking Hot Stocks news story  »

Rosehill Resources Inc…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
08/17/18
08/17
12:17
08/17/18
12:17
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

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
08/17/18
08/17
12:16
08/17/18
12:16
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

NFG

National Fuel

$57.05

0.47 (0.83%)

12:10
08/17/18
08/17
12:10
08/17/18
12:10
Options
Notable new position opened in National Fuel Gas options »

Notable new position…

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

CMG

Chipotle

$507.92

5.34 (1.06%)

12:06
08/17/18
08/17
12:06
08/17/18
12:06
Periodicals
Chipotle to require all workers to take quarterly food-safety test, BI reports »

Chipotle intends to start…

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

    Sep

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.