Breaking News Instant updates and real-time market news.

VZ

Verizon

$47.86

-0.63 (-1.30%)

10:44
05/15/18
05/15
10:44
05/15/18
10:44

Verizon CEO says 'actions outspeak anybody's speculation' on company plans

Verizon CEO Lowell McAdam, while being interviewed on CNBC, said the company's plans are built around a focus on digital and 5G and that the company's "actions outspeak anybody's speculation" about what the company will do next.

  • 15

    May

VZ Verizon
$47.86

-0.63 (-1.30%)

05/11/18
05/11/18
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. Verizon (VZ) upgraded to Overweight from Neutral at JPMorgan with analyst Philip Cusick saying after a meeting with CEO Lowell McAdam, he has a better understanding that Verizon's "organic approach to wireless has the company on an increasingly stable footing." 2. Mosaic (MOS) upgraded to Outperform from Sector Perform at RBC Capital with analyst Andrew Wong saying that it is "hard to ignore the improving undercurrents in both phosphate and potash markets." 3. Ultragenyx (RARE) upgraded to Overweight from Equal Weight at Barclays with analyst Gena Wang saying she thinks a higher price target for Crysvita could drive upside to revenue growth expectations. 4. U.S. Bancorp (USB) upgraded to Buy from Neutral at Citi with analyst Keith Horowitz saying now is an opportune time to build positions in the stock after three years of significant underperformance. 5. AMC Networks (AMCX) upgraded to Buy from Hold at Gabelli with the firm saying it remains an excelling company with opportunities to leverage its recent programming momentum into increased advertising and affiliate fees. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/11/18
JPMS
05/11/18
UPGRADE
Target $58
JPMS
Overweight
After meeting with CEO, JPMorgan upgrades Verizon to Overweight
JPMorgan analyst Philip Cusick upgraded Verizon Communications to Overweight from Neutral with an unchanged price target of $58. The shares closed yesterday up 81c to $47.20. After meeting with CEO Lowell McAdam, Cusick says he has a better understanding that Verizon's "organic approach to wireless has the company on an increasingly stable footing." Further, the analyst believes Verizon's 5G opportunity "will start to crystallize in the next few months." Cusick expects the company's revenue to stabilize and notes the stock is down 11% this year. The analyst is positive on the 5% dividend yield and "free 5G optionality."
05/11/18
JPMS
05/11/18
UPGRADE
Target $58
JPMS
Overweight
Verizon upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Philip Cusick upgraded Verizon Communications to Overweight with a $58 price target. The shares at current levels offer a 5% yield and a "free option" on 5G, Cusick tells investors in a research note.
04/30/18
MSCO
04/30/18
NO CHANGE
MSCO
Morgan Stanley discusses T-Mobile deal implications for competitors, towers
After T-Mobile (TMUS) and Sprint (S) announced a merger agreement, Morgan Stanley analyst Simon Flannery said that while the $43B in estimated synergies is "impressive," the key question is how likely is it that the companies can gain regulatory approval. On competition, he thinks the deal may contribute to a more benign competitive environment in the near-term and that AT&T (T) and Verizon (VZ) could benefit from market consolidation, though he adds that the new T-Mobile would be a formidable competitor in new areas such as 5G and fixed broadband. Flannery added that the deal will be an overhang on tower and fiber providers, noting that part of their $4B in annual network synergies involves a reduction in tower counts from 110,000 to 85,000 over time. However, the analyst said he would expect much more gear to be deployed on each tower and small cells will still expand to 50,000 from 10,000. Tower operators include American Tower (AMT), Crown Castle (CCI) and SBA Communications (SBAC), which are all lower in pre-market trading.

TODAY'S FREE FLY STORIES

G

Genpact

$28.14

-0.27 (-0.95%)

, EXLS

ExlService

$55.76

0.13 (0.23%)

14:57
12/13/18
12/13
14:57
12/13/18
14:57
Conference/Events
William Blair IT/BPO services analysts to hold analyst/industry conference call »

India IT/BPO Services…

G

Genpact

$28.14

-0.27 (-0.95%)

EXLS

ExlService

$55.76

0.13 (0.23%)

WNS

WNS Holdings

$46.99

-0.82 (-1.72%)

GLOB

Globant

$55.66

-1.37 (-2.40%)

PRFT

Perficient

$23.49

-0.28 (-1.18%)

VRTU

Virtusa

$41.05

1.2 (3.01%)

INFY

Infosys

$9.85

0.19 (1.97%)

WIT

Wipro

$5.30

0.19 (3.72%)

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

SBUX

Starbucks

$66.61

0.51 (0.77%)

14:56
12/13/18
12/13
14:56
12/13/18
14:56
Hot Stocks
Breaking Hot Stocks news story on Starbucks »

Starbucks says 80% of…

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

  • 14

    Dec

AAPL

Apple

$170.45

1.36 (0.80%)

, INTC

Intel

$48.11

0.28 (0.59%)

14:55
12/13/18
12/13
14:55
12/13/18
14:55
Recommendations
Apple, Intel analyst commentary  »

Lynx questions…

AAPL

Apple

$170.45

1.36 (0.80%)

INTC

Intel

$48.11

0.28 (0.59%)

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

  • 08

    Jan

SBUX

Starbucks

$66.48

0.38 (0.57%)

14:50
12/13/18
12/13
14:50
12/13/18
14:50
Options
Heavy trading in Starbucks Weekly options during the company's Investor Day »

Heavy trading 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

  • 13

    Dec

  • 14

    Dec

ADBE

Adobe

$247.50

2.06 (0.84%)

14:49
12/13/18
12/13
14:49
12/13/18
14:49
Options
Adobe options imply 7.3% move in share price post-earnings, above median historical move »

Pre-earnings options…

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

CMG

Chipotle

$472.11

0.91 (0.19%)

, DANOY

Danone

$0.00

(0.00%)

14:44
12/13/18
12/13
14:44
12/13/18
14:44
Hot Stocks
Chipotle announces hiring of Chief Legal Officer and Chief Development Officer »

Chipotle Mexican Grill…

CMG

Chipotle

$472.11

0.91 (0.19%)

DANOY

Danone

$0.00

(0.00%)

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

  • 14

    Dec

  • 14

    Dec

  • 06

    Feb

SBUX

Starbucks

$66.51

0.41 (0.62%)

14:41
12/13/18
12/13
14:41
12/13/18
14:41
Hot Stocks
Breaking Hot Stocks news story on Starbucks »

Starbucks says goal 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

  • 13

    Dec

  • 14

    Dec

GPX

GP Strategies

$13.13

0.06 (0.46%)

14:41
12/13/18
12/13
14:41
12/13/18
14:41
Conference/Events
GP Strategies management to meet with Barrington »

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

  • 14

    Dec

  • 18

    Dec

TSLA

Tesla

$371.33

4.57 (1.25%)

, GOOG

Alphabet

$1,057.32

-6.24 (-0.59%)

14:41
12/13/18
12/13
14:41
12/13/18
14:41
Periodicals
Tesla's Vaish resigns to start company at Google's Area120, CNBC says »

Parag Vaish, head of…

TSLA

Tesla

$371.33

4.57 (1.25%)

GOOG

Alphabet

$1,057.32

-6.24 (-0.59%)

GOOGL

Alphabet Class A

$1,068.33

-5.33 (-0.50%)

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

  • 13

    Dec

  • 03

    Mar

GPX

GP Strategies

$13.13

0.06 (0.46%)

14:40
12/13/18
12/13
14:40
12/13/18
14:40
Conference/Events
GP Strategies management to meet with Barrington »

Meeting to be held in New…

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

  • 14

    Dec

  • 18

    Dec

HIIQ

Health Insurance Innovations

$36.84

6.775 (22.53%)

14:40
12/13/18
12/13
14:40
12/13/18
14:40
Recommendations
Health Insurance Innovations analyst commentary  »

Health Insurance…

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

SPY

SPDR S&P 500 ETF Trust

$264.50

-1.03 (-0.39%)

, SPX

S&P 500

$0.00

(0.00%)

14:36
12/13/18
12/13
14:36
12/13/18
14:36
General news
NYPD says monitoring multiple bomb threats, not considered credible »

The official Twitter of…

SPY

SPDR S&P 500 ETF Trust

$264.50

-1.03 (-0.39%)

SPX

S&P 500

$0.00

(0.00%)

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

14:35
12/13/18
12/13
14:35
12/13/18
14:35
General news
Saudi PIF has been a swing buyer of stocks »

Saudi PIF has been a…

SBUX

Starbucks

$66.43

0.33 (0.50%)

14:32
12/13/18
12/13
14:32
12/13/18
14:32
Hot Stocks
Breaking Hot Stocks news story on Starbucks »

Starbucks to expand nitro…

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

  • 14

    Dec

SBUX

Starbucks

$66.41

0.31 (0.47%)

14:31
12/13/18
12/13
14:31
12/13/18
14:31
Hot Stocks
Starbucks bringing delivery to 25% of company-owned U.S. stores by Q2 2019 »

Starbucks is expanding…

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

  • 14

    Dec

CSCO

Cisco

$47.28

-0.15 (-0.32%)

14:30
12/13/18
12/13
14:30
12/13/18
14:30
Conference/Events
UBS to host a conference call with Cisco »

UBS IT Hardware Analyst…

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

  • 10

    Jan

  • 04

    Mar

SBUX

Starbucks

$66.35

0.25 (0.38%)

14:28
12/13/18
12/13
14:28
12/13/18
14:28
Hot Stocks
Starbucks says mix of mobile order and drive-through rising »

Starbucks sees more…

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

  • 14

    Dec

14:25
12/13/18
12/13
14:25
12/13/18
14:25
General news
Treasury reported a -$204.9 budget deficit »

Treasury reported a…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
12/13/18
12/13
14:17
12/13/18
14:17
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%)

14:16
12/13/18
12/13
14:16
12/13/18
14:16
Technical Analysis
NYSE 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

$DJT

DJ Transportation Average

$0.00

(0.00%)

, DAL

Delta Air Lines

$53.65

-2.62 (-4.66%)

14:15
12/13/18
12/13
14:15
12/13/18
14:15
Hot Stocks
Transportation index hits lowest level in about twelve months »

Shares of transportation…

$DJT

DJ Transportation Average

$0.00

(0.00%)

DAL

Delta Air Lines

$53.65

-2.62 (-4.66%)

MATX

Matson

$34.97

-1.7 (-4.64%)

LSTR

Landstar System

$94.43

-2.18 (-2.26%)

KSU

Kansas City Southern

$96.85

-0.74 (-0.76%)

CSX

CSX

$68.22

-0.65 (-0.94%)

CHRW

C.H. Robinson

$84.60

-3.49 (-3.96%)

EXPD

Expeditors

$70.50

-1.75 (-2.42%)

XPO

XPO Logistics

$47.15

-13.1 (-21.74%)

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

AWK

American Water

$97.50

0.37 (0.38%)

14:14
12/13/18
12/13
14:14
12/13/18
14:14
Hot Stocks
American Water says CPUC approves general rate case »

The California Public…

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

NWL

Newell Brands

$22.75

-0.81 (-3.44%)

14:10
12/13/18
12/13
14:10
12/13/18
14:10
Options
Newell Brands calls lead puts 15:1 as shares drop 3.5% »

Newell Brands calls lead…

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

14:05
12/13/18
12/13
14:05
12/13/18
14:05
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

14:01
12/13/18
12/13
14:01
12/13/18
14:01
General news
Treasury Budget data reported »

November Treasury Budget…

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.