Breaking News Instant updates and real-time market news.

T

AT&T

$37.43

0.065 (0.17%)

, TWX

Acquired by T

$96.66

-0.09 (-0.09%)

14:23
03/13/18
03/13
14:23
03/13/18
14:23

U.S. wants court to omit key argument in AT&T-Time Warner trial, Reuters says

The Department of Justice has asked a judge in the upcoming merger trial involving AT&T (T) and Time Warner (TWX) to deny AT&T from using a "voluntary commitment it made on licensing content as part of its defense when an antitrust trial begins next week," according to Reuters. The DOJ filed a suit a few months ago to deny AT&T, the owner of DirecTV and other products from acquiring Time Warner, added Reuters. Reference Link

T

AT&T

$37.43

0.065 (0.17%)

TWX

Acquired by T

$96.66

-0.09 (-0.09%)

  • 24

    Apr

T AT&T
$37.43

0.065 (0.17%)

03/12/18
UBSW
03/12/18
UPGRADE
UBSW
Buy
Time Warner upgraded to Buy from Neutral at UBS
UBS analyst John Hodulik upgraded Time Warner (TWX) to Buy with an unchanged price target of $108. While the analyst expects the takeover by AT&T (T) to receive regulatory approval, he believes the current environment would make Time Warner's assets "highly attractive" to other media companies and Internet-based competitors were the deal to be blocked. He sees an "attractive 4-1 risk reward" for Time Warner shares. Hodulik notes the spread to the AT&T offer is 12%, or 35% annualized.
03/13/18
GUGG
03/13/18
INITIATION
Target $42
GUGG
Buy
AT&T initiated with a Buy at Guggenheim
Guggenheim analyst Mike McCormack initiated coverage of the Telecom Services space, naming T-Mobile (TMUS) as his Best Idea in the group, but stating that scale remains an advantage in wireless and he is also bullish on AT&T (T) and Verizon (VZ). He started AT&T with a Buy rating and $42 price target.
03/13/18
GUGG
03/13/18
INITIATION
Target $58
GUGG
Buy
Verizon initiated with a Buy at Guggenheim
Guggenheim analyst Mike McCormack initiated coverage of the Telecom Services space, naming T-Mobile (TMUS) as his Best Idea in the group, but stating that scale remains an advantage in wireless and he is also bullish on AT&T (T) and Verizon (VZ). He started Verizon with a Buy rating and $58 price target.
03/13/18
03/13/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Verizon (VZ), AT&T (T), and T-Mobile (TMUS) were initiated with a Buy at Guggenheim while Sprint (S) was initiated with a Sell. 2. CNO Financial (CNO) initiated with an Outperform at William Blair. 3. GMS Inc. (GMS) initiated with a Buy at Nomura Instinet. 4. Core Laboratories (CLB) assumed with a Neutral at Piper Jaffray. 5. Cutera (CUTR) initiated with an Overweight at Stephens. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
TWX Acquired by T
$96.66

-0.09 (-0.09%)

02/27/18
CHLM
02/27/18
NO CHANGE
Target $50
CHLM
Buy
Nutrisystem price target lowered to $50 from $80 at Craig-Hallum
Craig-Hallum analyst Alex Fuhrman lowered his price target for Nutrisystem to $50 from $80, citing guidance below estimates as the company "uncharacteristically" overpaid for pre-bought ads on Fox News (FOXA) & CNN (TWX). The analyst reiterates a Buy rating on Nutrisystem's shares.
03/12/18
RBCM
03/12/18
NO CHANGE
RBCM
Netflix growth and pricing power persist, says RBC Capital
RBC Capital analyst Steven Cahall writes that Netflix is a "gold standard" in content value for consumer, resolving its subscriber issues that alarmed investors just over a year ago. Cahall contends that the company still has growth potential, with estimated 99M Pay TV U.S. household market vs. the company's current 55M U.S. subscriber count. The analyst also points to the "pricing power" of Netflix relative to the competition, stating that the U.S. user engagement of about 124 minutes per day is greater than any other standalone platform and amounts to about $0.003 per watched minute compared to Premium Networks like HBO, Showtime, and Starz are "500%-800% more expensive to watch on a per-minute basis". Moreover, Cahall believes the company is proving itself in the international markets category, where it generated its first positive annual contribution margin in 2017. The analyst estimates that Netflix could have up to $20 in EPS power in the next 5 years, with its stock price rising to as high as $600 per share under a 20-30-times PE valuation.
03/12/18
03/12/18
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. Time Warner (TWX) upgraded to Buy from Neutral at UBS with analyst John Hodulik saying while he expects the takeover by AT&T (T) to receive regulatory approval, he believes the current environment would make Time Warner's assets "highly attractive" to other media companies and Internet-based competitors were the deal to be blocked. 2. Carlyle Group (CG) and Apollo Global (APO) were upgraded to Buy from Neutral at Citi. 3. Merck (MRK) upgraded to Outperform from Market Perform at Leerink with analyst Seamus Fernandez saying Keytruda will continue to dominate the first-line non-small cell lung cancer market. 4. SAP (SAP) upgraded to Outperform from In Line at Evercore ISI with analyst Stewart Materne III saying that he believes the risk/reward is more attractive at current levels following the stock's 6% pullback. 5. Aratana Therapeutics (PETX) upgraded to Buy on valuation at CL King with the firm citing favorable risk/reward. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

NKE

Nike

$88.05

1.3597 (1.57%)

17:41
03/21/19
03/21
17:41
03/21/19
17:41
Earnings
Breaking Earnings news story on Nike »

Nike sees FY20 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

  • 21

    Mar

  • 04

    Apr

  • 04

    Apr

NKE

Nike

$88.05

1.3597 (1.57%)

17:39
03/21/19
03/21
17:39
03/21/19
17:39
Earnings
Nike sees Q4 revenue growth in high single-digit range, consensus $10.38B »

Sees Q4 gross margin…

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

  • 21

    Mar

  • 04

    Apr

  • 04

    Apr

NKE

Nike

$88.05

1.3597 (1.57%)

17:36
03/21/19
03/21
17:36
03/21/19
17:36
Hot Stocks
Nike says it is not taking China momentum for granted »

Says leveraging the power…

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

  • 21

    Mar

  • 04

    Apr

  • 04

    Apr

LOV

Spark Networks

$11.29

(0.00%)

17:34
03/21/19
03/21
17:34
03/21/19
17:34
Hot Stocks
Spark Networks to acquire Zoosk, sees adjusted EBITDA to exceed $50M in 2020 »

Spark Networks announced…

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

ACA

Arcosa

$29.74

-0.16 (-0.54%)

17:29
03/21/19
03/21
17:29
03/21/19
17:29
Initiation
Arcosa initiated  »

Arcosa initiated with 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

JNJ

Johnson & Johnson

$138.09

0.86 (0.63%)

17:24
03/21/19
03/21
17:24
03/21/19
17:24
Hot Stocks
Johnson & Johnson sees Q1 charge of about $700M related to AL-8176 »

On March 21, Johnson…

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

  • 16

    Apr

  • 25

    Apr

LPI

Laredo Petroleum

$3.33

0.045 (1.37%)

17:19
03/21/19
03/21
17:19
03/21/19
17:19
Syndicate
Breaking Syndicate news story on Laredo Petroleum »

Laredo Petroleum files…

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

$88.05

1.3597 (1.57%)

17:15
03/21/19
03/21
17:15
03/21/19
17:15
Hot Stocks
Nike says NBA sponsorship is tracking to be its largest merchandising deal »

Says China has earned 19…

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

  • 21

    Mar

  • 04

    Apr

  • 04

    Apr

ULTA

Ulta Beauty

$335.02

4.31 (1.30%)

17:05
03/21/19
03/21
17:05
03/21/19
17:05
Conference/Events
Ulta Beauty management to meet with Evercore ISI »

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

  • 26

    Mar

ZYXI

Zynex

$4.45

0.02 (0.45%)

17:04
03/21/19
03/21
17:04
03/21/19
17:04
Hot Stocks
Zynex chairman Thomas Sandgaard sells over 48K shares of company stock »

Zynex chairman Thomas…

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

JE

Just Energy

$3.46

0.02 (0.58%)

17:02
03/21/19
03/21
17:02
03/21/19
17:02
Hot Stocks
Just Energy cuts over 200 jobs, to incur $9M in severances costs in 4Q19 »

Just Energy announced 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

GORO

Gold Resource

$3.95

0.01 (0.25%)

17:02
03/21/19
03/21
17:02
03/21/19
17:02
Hot Stocks
Gold Resource's Mirador Mine development assayed 992 grams per tonne silver »

Gold Resource announced…

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

    Jun

PLCE

Children's Place

$87.50

-0.44 (-0.50%)

17:01
03/21/19
03/21
17:01
03/21/19
17:01
Hot Stocks
Children's Place raises quarterly dividend 12% to 56c per share »

The Children's…

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

  • 28

    Mar

  • 02

    Apr

PNC

PNC Financial

$122.90

-2.56 (-2.04%)

16:59
03/21/19
03/21
16:59
03/21/19
16:59
Conference/Events
PNC Financial management to meet with Evercore ISI »

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

  • 26

    Mar

  • 12

    Apr

  • 23

    Apr

  • 17

    Jul

  • 16

    Oct

BHB

Bar Harbor Bankshares

$24.04

-0.31 (-1.27%)

16:56
03/21/19
03/21
16:56
03/21/19
16:56
Hot Stocks
Bar Harbor Bankshares authorizes stock repurchase plan of up to 5% »

Bar Harbor Bankshares…

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

BMWYY

BMW

$0.00

(0.00%)

16:55
03/21/19
03/21
16:55
03/21/19
16:55
Conference/Events
BMW management to meet with Evercore ISI »

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

  • 22

    Mar

SMAR

Smartsheet

$45.60

-0.03 (-0.07%)

16:54
03/21/19
03/21
16:54
03/21/19
16:54
Initiation
Smartsheet initiated  »

Smartsheet initiated with…

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

  • 05

    Apr

BA

Boeing

$372.69

-3.72 (-0.99%)

, LMT

Lockheed Martin

$298.95

3.04 (1.03%)

16:50
03/21/19
03/21
16:50
03/21/19
16:50
Hot Stocks
Sikorsky-Boeing helicopter achieves first flight »

The Sikorsky-Boeing…

BA

Boeing

$372.69

-3.72 (-0.99%)

LMT

Lockheed Martin

$298.95

3.04 (1.03%)

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

  • 21

    Mar

  • 28

    May

VOYA

Voya Financial

$50.34

0.11 (0.22%)

16:50
03/21/19
03/21
16:50
03/21/19
16:50
Conference/Events
Voya Financial management to meet with Evercore ISI »

Meeting to be held in San…

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

    Mar

  • 23

    May

BIIB

Biogen

$226.71

-93.76 (-29.26%)

, AAPL

Apple

$195.07

6.93 (3.68%)

16:48
03/21/19
03/21
16:48
03/21/19
16:48
On The Fly
Fly Intel: Wall Street's top stories for Thursday »

Stocks did not show much…

BIIB

Biogen

$226.71

-93.76 (-29.26%)

AAPL

Apple

$195.07

6.93 (3.68%)

MU

Micron

$44.00

3.92 (9.78%)

F

Ford

$8.69

0.18 (2.12%)

AMZN

Amazon.com

$1,818.45

21.09 (1.17%)

SNAP

Snap

$11.02

0.08 (0.73%)

LEVI

Levi Strauss

$22.42

(0.00%)

WMT

Walmart

$99.05

0.4 (0.41%)

SRNE

Sorrento Therapeutics

$5.20

1.71 (49.00%)

DRI

Darden

$116.11

7.485 (6.89%)

DXCM

DexCom

$142.13

-3.94 (-2.70%)

CSIQ

Canadian Solar

$19.27

-4.27 (-18.14%)

GES

Guess

$19.33

-2.77 (-12.53%)

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

  • 21

    Mar

  • 21

    Mar

  • 25

    Mar

  • 25

    Mar

  • 26

    Mar

  • 27

    Mar

  • 04

    Apr

  • 24

    Apr

  • 25

    Apr

  • 30

    Apr

  • 01

    May

  • 16

    May

  • 28

    May

  • 24

    Jul

  • 23

    Oct

  • 21

    Mar

GG

Goldcorp

$11.17

0.13 (1.18%)

, NEM

Newmont Mining

$34.32

0.44 (1.30%)

16:47
03/21/19
03/21
16:47
03/21/19
16:47
Hot Stocks
Paulson & Co. opposes terms of Newmont's proposed acquisition of Goldcorp »

Paulson & Co, a…

GG

Goldcorp

$11.17

0.13 (1.18%)

NEM

Newmont Mining

$34.32

0.44 (1.30%)

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

  • 11

    Apr

CBAN

Colony Bankcorp

$16.70

-0.04 (-0.24%)

16:45
03/21/19
03/21
16:45
03/21/19
16:45
Hot Stocks
LBC shareholders approve merger with Colony Bankcorp »

Colony Bankcorp, Inc.…

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

16:42
03/21/19
03/21
16:42
03/21/19
16:42
Conference/Events
CLSA Asia consumer analyst to hold a group luncheon »

Head of Asia Consumer…

16:38
03/21/19
03/21
16:38
03/21/19
16:38
Conference/Events
CLSA Asia gaming analyst to hold a group luncheon »

Jonathan Galligan, Head…

16:37
03/21/19
03/21
16:37
03/21/19
16:37
General news
Fed Balance Sheet Level data reported »

Week of 3/20 Fed Balance…

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.