Breaking News Instant updates and real-time market news.

STNG

Scorpio Tankers

$2.31

0.06 (2.67%)

15:00
04/12/18
04/12
15:00
04/12/18
15:00

Busy week of call activity in Scorpio Tankers as the rally continues

Busy week of call activity in Scorpio Tankers as the rally continues. The stock up 6c to $2.31 and have added 22.9% on the week. In option action Thursday, Oct 4 calls trade for 10c per contract. 6.1K changed hands so far against 31 open interest. Jul 3, Oct 3, and Apr 2 calls are next most active. Total volume is 5X daily average at 8.3K calls and 180 puts. Bullish flow comes after 4.1K May 2 calls and 1.3K Jul 3 calls opened Wednesday. Higher call volume Tuesday created 8.2K OI in Apr 2 calls and 2.7K in Jul 2 calls. The stock has rallied sharply this week, but shareholders stinging from a nearly 25% YTD loss. Earnings expected late-April.

STNG Scorpio Tankers
$2.31

0.06 (2.67%)

11/13/17
UBSW
11/13/17
UPGRADE
Target $5.5
UBSW
Buy
Scorpio Tankers upgraded to Buy from Neutral at UBS
UBS analyst Spiro Dounis upgraded Scorpio Tankers to Buy and raised his price target for the shares to $5.50 from $4.50. The analyst believes product tanker demand will outpace supply in 2018 for the first time in two years. He sees the inflection point driving freight rates back toward average levels and 60% upside in Scorpio shares.
11/29/17
DBAB
11/29/17
NO CHANGE
Target $5
DBAB
Buy
Scorpio equity offering a 'negative surprise,' says Deutsche Bank
Deutsche Bank analyst Amit Mehrotra says last night's equity offering from Scorpio Tankers is a "negative surprise" that tests his positive stance on the shares. The analyst estimates the deal is being done at a price "significantly below" his net asset value calculation. He would like more clarity from management on Scorpio's long-term capital structure strategy. Mehrotra at this time continues to have a Buy rating on the shares with a $5 price target. The shipping company is down 6%, or 21c, to $3.05 in premarket trading.
12/18/17
JEFF
12/18/17
INITIATION
Target $5
JEFF
Buy
Scorpio Tankers assumed with a Buy at Jefferies
Jefferies analyst Randy Giveans assumed coverage of Scorpio Tankers with a Buy rating and $5 price target. The analyst assumed coverage of 23 energy maritime shipping names saying the industry is "primed for significant improvement." For the first time in 10 years, the analyst expects capacity shortages with demand growth to outpace supply growth in every shipping sector in 2018.
04/10/18
DBAB
04/10/18
NO CHANGE
DBAB
Buy
Scorpio Tankers pullback offers 'major opportunity,' says Deutsche Bank
Deutsche Bank analyst Amit Mehrotra sees a "major opportunity" in shares of Scorpio Tankers with the stock down 38% year-to-date. Market participants are "rightfully concerned" about the expected step-function increase in cash calls related to debt repayments, Mehrotra tells investors in a research note. The negative implication is that Scorpio will have to do a highly dilutive equity offering to meet increasing cash flows, the analyst adds. However, his analysis implies "significant dislocation" if management is able to extend its run-way, which he believes is "highly probable." Mehrotra keeps a Buy rating on Scorpio Tankers.

TODAY'S FREE FLY STORIES

CUE

Cue Biopharma

$5.04

-0.52 (-9.35%)

07:25
11/20/18
11/20
07:25
11/20/18
07:25
Conference/Events
Cue Biopharma to host business news update conference call »

Conference call to be…

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

    Nov

  • 27

    Nov

NERV

Minerva

$8.32

-0.09 (-1.07%)

07:25
11/20/18
11/20
07:25
11/20/18
07:25
Conference/Events
Minerva to hold a KOL breakfast meeting and update »

Management hosts a Key…

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

    Nov

AVY

Avery Dennison

$92.38

-1.44 (-1.53%)

07:22
11/20/18
11/20
07:22
11/20/18
07:22
Recommendations
Avery Dennison analyst commentary  »

Avery Dennison emerging…

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

A

Agilent

$62.57

-2.42 (-3.72%)

07:22
11/20/18
11/20
07:22
11/20/18
07:22
Recommendations
Agilent analyst commentary  »

Agilent reported…

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

07:20
11/20/18
11/20
07:20
11/20/18
07:20
General news
Futures point to continued selloff »

Stock futures are…

LYB

LyondellBasell

$92.77

-2.63 (-2.76%)

07:20
11/20/18
11/20
07:20
11/20/18
07:20
Upgrade
LyondellBasell rating change  »

LyondellBasell upgraded…

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

ASND

Ascendis Pharma

$58.24

-1.08 (-1.82%)

07:19
11/20/18
11/20
07:19
11/20/18
07:19
Recommendations
Ascendis Pharma analyst commentary  »

JPMorgan remains positive…

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

    Nov

NLSN

Nielsen

$25.24

-0.14 (-0.55%)

07:19
11/20/18
11/20
07:19
11/20/18
07:19
Hot Stocks
Nielsen board continues with review of strategic alternatives »

The Board of Directors is…

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

MDGS

Medigus

$2.95

-0.09 (-2.96%)

07:18
11/20/18
11/20
07:18
11/20/18
07:18
Hot Stocks
Medigus to form new company for mini video cameras »

Medigus announced 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

AB

AllianceBernstein

$29.28

-0.37 (-1.25%)

07:17
11/20/18
11/20
07:17
11/20/18
07:17
Hot Stocks
AllianceBernstein announces offer to acquire Autonomous Research »

AllianceBernstein and…

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

NLSN

Nielsen

$25.24

-0.14 (-0.55%)

, IBM

IBM

$120.37

-1.23 (-1.01%)

07:16
11/20/18
11/20
07:16
11/20/18
07:16
Hot Stocks
Nielsen names David Kenny as CEO, effective December 3 »

The Board of Directors of…

NLSN

Nielsen

$25.24

-0.14 (-0.55%)

IBM

IBM

$120.37

-1.23 (-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

  • 26

    Nov

  • 03

    Mar

GMDA

Gamida Cell

$9.50

-0.48 (-4.81%)

07:16
11/20/18
11/20
07:16
11/20/18
07:16
Initiation
Gamida Cell initiated  »

Gamida Cell 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

  • 01

    Dec

CODI

Compass Diversified

$15.11

-0.11 (-0.72%)

07:15
11/20/18
11/20
07:15
11/20/18
07:15
Conference/Events
Compass Diversified management to meet with Roth Capital »

Meetings 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

    Nov

  • 27

    Nov

  • 28

    Nov

07:15
11/20/18
11/20
07:15
11/20/18
07:15
General news
FX Update: There have been mixed themes »

FX Update: There have…

AAPL

Apple

$185.80

-7.62 (-3.94%)

07:14
11/20/18
11/20
07:14
11/20/18
07:14
Recommendations
Apple analyst commentary  »

Apple price target…

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

    Dec

STML

Stemline

$10.61

-0.76 (-6.68%)

07:14
11/20/18
11/20
07:14
11/20/18
07:14
Hot Stocks
Stemline announces EMA grants accelerated assessment for Elzonris MAA »

Stemline announced 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

  • 01

    Dec

  • 03

    Dec

  • 21

    Feb

NJR

New Jersey Resources

$50.16

0.39 (0.78%)

07:12
11/20/18
11/20
07:12
11/20/18
07:12
Earnings
New Jersey Resources sees FY19 NFE $1.95-$2.05 »

NJR expects its regulated…

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

    Nov

BECN

Beacon Roofing

$27.74

0.12 (0.43%)

07:11
11/20/18
11/20
07:11
11/20/18
07:11
Recommendations
Beacon Roofing analyst commentary  »

Beacon Roofing price…

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

    Dec

NJR

New Jersey Resources

$50.16

0.39 (0.78%)

07:10
11/20/18
11/20
07:10
11/20/18
07:10
Earnings
New Jersey Resources reports Q4 EPS (18c), consensus (44c) »

Reports Q4 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

  • 20

    Nov

BKI

Black Knight

$45.54

-4.23 (-8.50%)

07:09
11/20/18
11/20
07:09
11/20/18
07:09
Recommendations
Black Knight analyst commentary  »

Black Knight price target…

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

  • 03

    Dec

CELC

Celcuity

$24.00

-0.7 (-2.83%)

07:08
11/20/18
11/20
07:08
11/20/18
07:08
Initiation
Celcuity initiated  »

Celcuity 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

APLS

Apellis

$14.38

-0.72 (-4.77%)

, BIIB

Biogen

$319.15

-4.86 (-1.50%)

07:08
11/20/18
11/20
07:08
11/20/18
07:08
Hot Stocks
Apellis appoints Adam Townsend as CCO »

Apellis (APLS) announced…

APLS

Apellis

$14.38

-0.72 (-4.77%)

BIIB

Biogen

$319.15

-4.86 (-1.50%)

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

    Dec

BBY

Best Buy

$62.19

-4.22 (-6.35%)

07:07
11/20/18
11/20
07:07
11/20/18
07:07
Earnings
Best Buy sees Q4 EPS $2.48-$2.58, consensus $2.58 »

Sees Q4 Enterprise…

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

    Nov

  • 05

    Dec

CLBS

Caladrius

$4.70

-0.18 (-3.69%)

07:06
11/20/18
11/20
07:06
11/20/18
07:06
Initiation
Caladrius initiated  »

Caladrius assumed 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

BBY

Best Buy

$62.19

-4.22 (-6.35%)

07:05
11/20/18
11/20
07:05
11/20/18
07:05
Earnings
Best Buy raises FY19 EPS view to $5.09-$5.19 from $4.95-$5.10 »

Consensus $5.11. Sees…

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

    Nov

  • 05

    Dec

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.