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VVV

Valvoline

$25.05

0.12 (0.48%)

, TPX

Tempur Sealy

$62.94

0.49 (0.78%)

16:32
01/08/18
01/08
16:32
01/08/18
16:32

Valvoline names Brad Patrick as Chief People and Communications Officer

Valvoline (VVV) announced that Brad Patrick will join the company on Jan. 22 as its chief people and communications officer. He will report to Valvoline CEO Sam Mitchell and be based at the company's world headquarters in Lexington, Kentucky. In this role, Patrick will be responsible for the strategic direction and global management of all aspects of human resources, including talent development management, compensation and benefits, and labor and employee relations. He will also oversee corporate communications. Most recently, Patrick was chief HR officer at Tempur Sealy (TPX) and Shearer's Snacks.

VVV

Valvoline

$25.05

0.12 (0.48%)

TPX

Tempur Sealy

$62.94

0.49 (0.78%)

VVV Valvoline
$25.05

0.12 (0.48%)

06/07/17
GHSC
06/07/17
UPGRADE
Target $26
GHSC
Buy
Valvoline upgraded to Buy from Neutral at Seaport Global
Seaport Global analyst Michael Harrison upgraded Valvoline to Buy from Neutral and maintained a $26 price target. The analyst expects the oil market to return to looser supply/demand and pricing to decline in the summer once Motiva completes its Port Arthur, TX turnaround in June, which would be a positive for Valvoline margins. Further, the analyst believes Valvoline can leverage its best-in-class operations and advertising spend to capture growing share of the shift from DIY to do-it-for-me and also expects International growth to remain strong.
06/07/17
06/07/17
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. Ormat Technologies (ORA) upgraded to Overweight from Neutral at JPMorgan with analyst Paul Coster saying he believes the company is well positioned to continue posting revenue growth and margin expansion over the next few years. 2. Tenet (THC) upgraded to Outperform from Market Perform at Leerink. 3. Cott Corp. (COT) and Dr Pepper Snapple (DPS) were upgraded to Outperform from Market Perform at BMO Capital. 4. Sun Life Financial (SLF) upgraded to Outperform from Sector Perform at RBC Capital with analyst Darko Mihelic saying net flows and Assets Under Management at the company's MFS unit have improved over the last two months. He also notes that the stock has fallen about 12% since February. 5. Valvoline (VVV) upgraded to Buy from Neutral at Seaport Global with analyst Michael Harrison saying he expects the oil market to return to looser supply/demand and pricing to decline in the summer once Motiva completes its Port Arthur, TX turnaround in June, which would be a positive for Valvoline margins. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/22/17
JEFF
08/22/17
NO CHANGE
JEFF
Weak spending from Hispanic consumers likely temporary, says Jefferies
A team of Jefferies analysts note that several consumer companies have flagged weakness from Hispanic consumers during this earnings season, which they attribute to likely being linked to uncertainty around immigration policy more than a result of a deteriorating economic backdrop. Companies that have been hurt may be due for a rebound as this is assumed to be a short term phenomenon and some have already noted improvement, the team tells investors. Some of the companies that recently have specifically flagged weakness in Hispanic spending include Foot Locker (FL), Murphy USA (MUSA), O'Reilly Automotive (ORLY), Target (TGT), Valvoline (VVV) and Wingstop (WING), the firm noted.
11/22/17
GHSC
11/22/17
DOWNGRADE
Target $26
GHSC
Neutral
Valvoline downgraded to Neutral from Buy at Seaport Global
Seaport Global analyst Michael Harrison to Neutral and maintained a $26 price target. The analyst said FY18 is setting up to be a transition year of investments and higher costs and views risk/reward as balanced.
TPX Tempur Sealy
$62.94

0.49 (0.78%)

12/07/17
KEYB
12/07/17
NO CHANGE
KEYB
Loss of Conn's a new revenue headwind for Tempur Sealy, says KeyBanc
KeyBanc analyst Bradley Thomas says his channel checks suggest that Conn's (CONN) has dropped Tempur Sealy (TPX) as its exclusive supplier of mattresses, with Serta-Simmons taking its place. The analyst estimates the loss of Conn's could be a 2%-4% drag to Tempur Sealy North America revenue.
12/07/17
RAJA
12/07/17
NO CHANGE
RAJA
Strong Buy
Conn's discontinuing sale of Tempur Sealy old news, says Raymond James
Raymond James analyst Budd Bugatch notes that a story has surfaced in the press that Conn's (CONN) had discontinued the sale of Tempur Sealy (TPX) products in favor of those from another manufacturer, Serta Simmons Bedding. The analyst had previously heard about this, and points out that Tempur Sealy merchandise has been off Conn's floors for a few months. Not only was this not new news, it was, in fact, way old news, he adds, saying that the impact of this is included in Tempur Sealy guidance and communications with the investment community. He reiterates a Strong Buy rating on Tempur Sealy shares.
12/08/17
WEDB
12/08/17
NO CHANGE
WEDB
Neutral
Tempur Sealy news this week not 'game-changing' despite volatility, says Wedbush
Wedbush analyst Seth Basham noted that news of accounting irregularities at Mattress Firm parent Steinhoff, which he views as incrementally positive for Tempur Sealy (TPX), and news that Conn's (CONN) had stopped selling its products, which he sees as incrementally negative, drove volatility in the stock this week. However, he sees neither bit of news as game-changing for Tempur Sealy. While a "fire sale" of Mattress Firm is not out of the question, it is unlikely at this time, said Basham, who keeps a Neutral rating on Tempur Sealy shares.
12/27/17
WEDB
12/27/17
NO CHANGE
WEDB
E-Commerce continues to take channel share, says Wedbush
Wedbush analyst Seth Basham notes that e-Commerce continues to take channel share from bricks and mortar, accounting for an estimated 20% of holiday sales. While retailers such as Williams-Sonoma (WSM), Bed Bath & Beyond (BBBY) and Pier 1 Imports (PIR) continue to adapt, he believes they not only continue to lose share to online retailers including Amazon.com (AMZN) and Wayfair (W), but also face increasing costs of serving omnichannel shoppers. Mattress retail remains mixed, with Mattress Firm's recent improving sales trends and financing an incremental negative for Tempur Sealy (TPX).

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03:05
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FCX

Freeport McMoRan

$19.96

0.56 (2.89%)

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DCM

NTT DoCoMo

$24.74

0.08 (0.32%)

21:09
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Downgrade
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HAL

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$53.01

0.65 (1.24%)

, PETS

PetMed Express

$53.24

2.67 (5.28%)

20:25
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Earnings
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OPB

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FB

Facebook

$181.29

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NWSA

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FOXA

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AMZN

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AAPL

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NFLX

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SNE

Sony

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BA

Boeing

$337.73

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WMT

Walmart

$104.59

0.29 (0.28%)

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XRX

Xerox

$31.80

0.43 (1.37%)

19:18
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Icahn, Deason pushing for Xerox to explored sale, WSJ reports »

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FB

Facebook

$181.29

1.49 (0.83%)

18:22
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Periodicals
Facebook to open three new digital training hubs in Europe, Reuters says »

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TWX

Time Warner

$93.36

0.39 (0.42%)

, CMCSA

Comcast

$42.50

0.65 (1.55%)

17:56
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Box Office Battle: 'Jumanji' wins weekend with $20M »

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TWX

Time Warner

$93.36

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CMCSA

Comcast

$42.50

0.65 (1.55%)

CMCSK

Comcast

SNE

Sony

$49.89

0.72 (1.46%)

FOX

21st Century Fox

$36.26

0.53 (1.48%)

FOXA

21st Century Fox

$36.65

0.47 (1.30%)

LGF.A

Lionsgate

$35.42

0.92 (2.67%)

DIS

Disney

$110.59

0.17 (0.15%)

VIAB

Viacom

$33.36

-0.59 (-1.74%)

VIA

Viacom

$39.20

-0.5 (-1.26%)

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CTIC

CTI BioPharma

16:11
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Conference/Events
CTI BioPharma to host special shareholder meeting »

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ZSAN

Zosano Pharma

$0.45

-0.0387 (-7.92%)

16:00
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Conference/Events
Zosano Pharma to host special shareholder meeting »

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SANM

Sanmina

$35.45

0.5 (1.43%)

15:39
01/21/18
01/21
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Conference/Events
Sanmina to hold a conference call »

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AMZN

Amazon.com

$1,294.58

1.26 (0.10%)

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Amazon automated grocery store opens Monday, Reuters says »

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TWTR

Twitter

$23.66

-0.38 (-1.58%)

09:07
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CLF

Cleveland-Cliffs

$8.49

0.08 (0.95%)

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BMY

Bristol-Myers

$62.28

0.45 (0.73%)

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EXEL

Exelixis

$28.00

0.14 (0.50%)

, RHHBY

Roche

$30.69

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RHHBY

Roche

$30.69

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ARRY

Array BioPharma

$13.14

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SO

Southern Company

$44.44

-0.46 (-1.02%)

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TECK

Teck Resources

$29.43

0.19 (0.65%)

15:10
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TWTR

Twitter

$23.66

-0.38 (-1.58%)

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Twitter begins notifying users exposed to Russian propaganda during elections »

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SPY

SPDR S&P 500 ETF Trust

$280.41

1.27 (0.45%)

, SPX

S&P 500

13:58
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SPY

SPDR S&P 500 ETF Trust

$280.41

1.27 (0.45%)

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FB

Facebook

$181.29

1.49 (0.83%)

, NYT

New York Times

$21.90

1.7 (8.42%)

13:48
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Periodicals
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FB

Facebook

$181.29

1.49 (0.83%)

NYT

New York Times

$21.90

1.7 (8.42%)

NWSA

News Corp.

$17.22

0.21 (1.23%)

FOXA

21st Century Fox

$36.65

0.47 (1.30%)

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WMT

Walmart

$104.59

0.29 (0.28%)

13:36
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Periodicals
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AAPL

Apple

$178.46

-0.8 (-0.45%)

, NFLX

Netflix

$220.46

0.13 (0.06%)

08:59
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08:59
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08:59
Periodicals
Netflix among likely candidates for an Apple purchase, Barron's says »

Especially for tech…

AAPL

Apple

$178.46

-0.8 (-0.45%)

NFLX

Netflix

$220.46

0.13 (0.06%)

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