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AMZN

Amazon.com

$1,451.05

36.54 (2.58%)

, BAC

Bank of America

$32.00

0.82 (2.63%)

06:36
02/15/18
02/15
06:36
02/15/18
06:36

Amazon, Bank of America partner for Amazon Lending, CNBC reports

Amazon (AMZN) and Bank of America (BAC) have partnered for Amazon Lending, an invitation-only program launched in 2011 that makes loans of $1,000 to $750,000 with terms of up to a year to merchants, CNBC reports, citing people familiar with the matter. The news of the partnership, which enables Amazon to decrease its risk and access capital, comes after Amazon in June reported issuing over $1B in loans during the prior 12-month period which compares to $1.5B in combined loans issued for the four years before that. Reference Link

AMZN

Amazon.com

$1,451.05

36.54 (2.58%)

BAC

Bank of America

$32.00

0.82 (2.63%)

  • 15

    Feb

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    Feb

  • 18

    Mar

AMZN Amazon.com
$1,451.05

36.54 (2.58%)

02/13/18
MACQ
02/13/18
NO CHANGE
Target $1750
MACQ
Outperform
Amazon's Twitch aggregate viewership continues to rise, says Macquarie
Macquarie analyst Benjamin Schachter says Amazon's (AMZN) Twitch aggregate viewership continues to rise, and Twitch is now bigger than CNN (TWX). While eSports as a whole is becoming a more concrete opportunity, the analyst notes that which games and genres will be the most popular/viewed eSports over time is unclear. Schachter also highlights that the Overwatch League launched to peak views of over 408K and over 10M unique viewers across the opening week, and that display ads on Amazon properties like Twitch are meaningful contributors to Other revenue, which grew 58% to $4.65B in 2017. He reiterates an Outperform rating and $1,750 price target on Amazon's shares.
02/13/18
NEED
02/13/18
NO CHANGE
NEED
Needham a buyer of Medical Technologies product makers on Amazon headlines
After The Wall Street Journal report claiming that Amazon (AMZN) is attempting to become a major hospital supplier, Needham analyst Mike Matson said that he believes the e-commerce giant has typically disrupted middlemen much more than manufacturers. The analyst, who thinks Amazon's model may work for "lower tech" products but is unlikely to work with "higher tech" products, would be a buyer of Medical Technologies product maker stocks if they are down on weakness related to the headline risk represented by Amazon. However, Matson notes that he believe that Cantel Medical (CMD), CONMED (CNMD), Medtronic (MDT), Stryker (SYK) and Teleflex (TFX) generate a portion of their sales from "lower tech" products. Other stocks in MedTech manufacturing include AtriCure (ATRI), Cardiovascular Systems (CSII), Hill-Rom (HRC), K2M Group (KTWO), Mazor Robotics (MZOR), Zimmer Biomet (ZBH), Boston Scientific (BSX), Globus Medical (GMED), NuVasive (NUVA) and Wright Medical (WMGI).
02/14/18
JEFF
02/14/18
NO CHANGE
JEFF
Amazon focusing on bolstering medical device distribution, says Jefferies
Yesterday's Wall Street Journal report and a recent scan of job postings still point to Amazon.com's (AMZN) focus on bolstering its medical device/supplies distribution capabilities, specifically targeting hospitals, Jefferies analyst Brian Tanquilut. These postings support a negative thesis for Cardinal Health (CAH), Owens & Minor (OMI) and Premier's (PINC) medical supplies businesses, the analyst adds. Further, he sees the news as an incremental positive for AmerisourceBergen (ABC), McKesson (MCK), CVS Health (CVS) and Walgreens Boots Alliance (WBA) since it further supports the view that Amazon isn't looking to enter the prescription business near-term.
02/14/18
BARD
02/14/18
NO CHANGE
Target $9
BARD
Neutral
ChannelAdvisor outlook likely to weigh on sentiment, says Baird
Baird analyst Colin Sebastian noted ChannelAdvisor (ECOM) missed Q4 estimates and cited non-core marketplace struggles as the cause. The analyst was positive on the company's improved performance across both the eBay (EBAY) and Amazon (AMZN) channels and is a positive for growth. Sebastian considers ChannelAdvisor a "show-me" story and maintained his Neutral rating while lowering his price target to $9 from $10 on the shares.
BAC Bank of America
$32.00

0.82 (2.63%)

01/18/18
BMOC
01/18/18
NO CHANGE
Target $34
BMOC
Market Perform
Bank of America price target raised to $34 from $31 at BMO Capital
BMO Capital analyst James Fotheringham raised his price target on Bank of America to $34 despite its "expense-driven" miss on Q4 earnings. Fotheringham says he remains bullish on banks based on the "indirect benefits of tax reform", while keeping his Market Perform rating on Bank of America given its two-year forward PE valuation trading around long-term historical average.
01/18/18
RBCM
01/18/18
NO CHANGE
Target $35
RBCM
Outperform
Bank of America price target raised to $35 from $30 at RBC Capital
RBC Capital analyst Gerard Cassidy raised his price target on Bank of America to $35, citing a "strong all around performance" in Q4 along with the bank's commitment to keeping a low expense and growing top line profile. Cassidy says the bank remains "rate sensitive" and expects some $3.3B in net interest income from a 100bps move in short term rates. The analyst also keeps his Outperform rating on Bank of America, pointing to a positive impact from a stronger U.S. economy on its businesses, along with the return of excess capital, supporting a higher stock price view.
01/31/18
DBAB
01/31/18
NO CHANGE
Target $15
DBAB
Sell
GE likely to be dropped from Dow 30 index, says Deutsche Bank
General Electric (GE) is likely to be dropped from the Dow Jones Industrial Average after being in the index of 30 companies for over 110 years as an original member since 1896, Deutsche Bank analyst John Inch tells investors in a research note. The chances that GE could be removed from the Dow are increasing as the company continues to face "substantial challenges," the analyst writes. These include "earnings and cash pressure, tough global power generation markets, aggressive downsizing, shrinking its portfolio, management shake-up and SEC investigations," Inch argues. He sees "headline risk" as the most significant risk factor if GE were to be dropped from the Dow, "potentially amplified by GE's high mix of retail investors." Inch notes that the last major Dow shakeup occurred in September 2003, when American Airlines (AAL), Bank of America (BAC) and Hewlett Packard (HPQ) were removed and Goldman Sachs (GS), Nike (NKE) and Verizon (VZ) were added. Inch has a Sell rating on General Electric with a $15 price target. The shares closed yesterday down 33c to $15.95.
02/02/18
MSCO
02/02/18
NO CHANGE
MSCO
BofA, JPMorgan, Citi best positioned for tougher CCAR test, says Morgan Stanley
Morgan Stanley analyst Betsy Graseck said she had expected an easier stress test from the Federal Reserve but that the 2018 CCAR test actually seems tougher than last year, given the more intense recessions and lower asset prices modeled in it. A tougher test makes her less optimistic on her strong payout growth expectations, said Graseck, who sees Bank of America (BAC), JPMorgan (JPM) and Citi (C) as best positioned to "weather the storm" and increase payouts given their resilient balance sheets and significant excess capital. She sees Goldman Sachs (GS), which recently cut buybacks, as at risk from a tougher test, which likely weighs on the bank's 2018 ask, Graseck added.

TODAY'S FREE FLY STORIES

JNJ

Johnson & Johnson

$134.33

-13.475 (-9.12%)

12:56
12/14/18
12/14
12:56
12/14/18
12:56
Periodicals
Breaking Periodicals news story on Johnson & Johnson »

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MO

Altria Group

$52.80

-1.11 (-2.06%)

12:55
12/14/18
12/14
12:55
12/14/18
12:55
Options
Altria Group put volume heavy and directionally bearish »

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FDX

FedEx

$187.13

-0.08 (-0.04%)

, UPS

UPS

$98.70

-2.07 (-2.05%)

12:55
12/14/18
12/14
12:55
12/14/18
12:55
Conference/Events
UBS services analyst to hold an analyst/industry conference call »

Services Analyst Wadewitz…

FDX

FedEx

$187.13

-0.08 (-0.04%)

UPS

UPS

$98.70

-2.07 (-2.05%)

03/08/13
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  • 14

    Dec

12:47
12/14/18
12/14
12:47
12/14/18
12:47
Conference/Events
CFTC to hold a podcast on 2018 and 2019 »

Daniel Gorfine, the…

D

Dominion

$76.38

0.35 (0.46%)

12:46
12/14/18
12/14
12:46
12/14/18
12:46
Hot Stocks
Dominion board increases 2019 dividend 10% to $3.67 per share »

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KORS

Michael Kors

$38.09

0.6 (1.60%)

12:45
12/14/18
12/14
12:45
12/14/18
12:45
Options
Michael Kors call volume above normal and directionally bullish »

Bullish option flow…

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12:45
12/14/18
12/14
12:45
12/14/18
12:45
General news
U.S. equities remain upwardly challenged »

U.S. equities remain…

12:45
12/14/18
12/14
12:45
12/14/18
12:45
General news
Breaking General news story  »

Week of 12/14…

VLKAY

Volkswagen

$0.00

(0.00%)

, F

Ford

$8.60

0.095 (1.12%)

12:43
12/14/18
12/14
12:43
12/14/18
12:43
Periodicals
VW, Ford cooperation talks moving forward, Reuters says »

Volkswagen's (VLKAY)…

VLKAY

Volkswagen

$0.00

(0.00%)

F

Ford

$8.60

0.095 (1.12%)

03/08/13
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03/06/13
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03/06/13
Barclays

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PNC

PNC Financial

$119.66

-0.25 (-0.21%)

12:43
12/14/18
12/14
12:43
12/14/18
12:43
Syndicate
Breaking Syndicate news story on PNC Financial »

PNC Financial files…

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  • 16

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  • 12

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TRGP

Targa Resources

$42.36

-1.88 (-4.25%)

12:35
12/14/18
12/14
12:35
12/14/18
12:35
Options
Targa Resources put volume heavy and directionally bearish »

Bearish flow noted in…

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JNJ

Johnson & Johnson

$133.15

-14.65 (-9.91%)

12:34
12/14/18
12/14
12:34
12/14/18
12:34
Recommendations
Johnson & Johnson analyst commentary  »

BMO Capital…

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JNJ

Johnson & Johnson

$133.37

-14.43 (-9.76%)

12:31
12/14/18
12/14
12:31
12/14/18
12:31
Recommendations
Johnson & Johnson analyst commentary  »

Johnson & Johnson…

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CHK

Chesapeake

$2.39

-0.19 (-7.36%)

12:20
12/14/18
12/14
12:20
12/14/18
12:20
Options
Ratio put spread in Chesapeake as shares drop 7.3% and fall to 52-week lows »

Ratio put spread in…

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
12/14/18
12/14
12:17
12/14/18
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
12/14/18
12/14
12:16
12/14/18
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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JNJ

Johnson & Johnson

$133.26

-14.54 (-9.84%)

, SBUX

Starbucks

$64.61

-2.29 (-3.42%)

12:15
12/14/18
12/14
12:15
12/14/18
12:15
On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks opened lower…

JNJ

Johnson & Johnson

$133.26

-14.54 (-9.84%)

SBUX

Starbucks

$64.61

-2.29 (-3.42%)

ADBE

Adobe

$233.37

-14.34 (-5.79%)

COST

Costco

$207.71

-18.7 (-8.26%)

BEL

Belmond

$24.67

7 (39.62%)

LVMUY

LVMH

$0.00

(0.00%)

KANG

iKang Healthcare

$20.30

2.03 (11.11%)

IDRA

Idera Pharmaceuticals

$5.34

-1.26 (-19.09%)

CDE

Coeur Mining

$3.89

-0.165 (-4.07%)

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  • 14

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PFE

Pfizer

$43.45

-1.105 (-2.48%)

12:14
12/14/18
12/14
12:14
12/14/18
12:14
Hot Stocks
Pfizer announces new $10B share repurchase program »

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  • 18

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PFE

Pfizer

$43.52

-1.03 (-2.31%)

12:13
12/14/18
12/14
12:13
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12:13
Hot Stocks
Pfizer raises quarterly dividend 6% to 36c per share »

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  • 18

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PFE

Pfizer

$43.52

-1.03 (-2.31%)

12:12
12/14/18
12/14
12:12
12/14/18
12:12
Hot Stocks
Breaking Hot Stocks news story on Pfizer »

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  • 18

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ECA

Encana

$5.93

-0.295 (-4.74%)

12:10
12/14/18
12/14
12:10
12/14/18
12:10
Options
Call buyers in Encana as shares suffer additional losses »

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TNXP

Tonix Pharmaceuticals

$2.76

0.02 (0.73%)

12:08
12/14/18
12/14
12:08
12/14/18
12:08
Hot Stocks
CVI Investments reports 9.9% passive stake in Tonix Pharmaceuticals »

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CYH

Community Health

$3.94

-0.45 (-10.25%)

12:00
12/14/18
12/14
12:00
12/14/18
12:00
Hot Stocks
Community Health falls -10.2% »

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JNJ

Johnson & Johnson

$132.65

-15.15 (-10.25%)

12:00
12/14/18
12/14
12:00
12/14/18
12:00
Hot Stocks
Johnson & Johnson falls -10.3% »

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UGAZ

VelocityShares 3x Long Natural Gas ETN

$101.00

-17 (-14.41%)

12:00
12/14/18
12/14
12:00
12/14/18
12:00
Hot Stocks
VelocityShares 3x Long Natural Gas ETN falls -14.4% »

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