Breaking News Instant updates and real-time market news.

CMC

Commercial Metals

$23.68

0.67 (2.91%)

07:13
05/17/18
05/17
07:13
05/17/18
07:13

Commercial Metals upgraded to Neutral from Underperform at Macquarie

Macquarie analyst David Lipschitz upgraded Commercial Metals to Neutral from Underperform with a $24 price target. The analyst expects rebar prices to stay strong given improving construction activities, supporting earnings for the next few years.

CMC Commercial Metals
$23.68

0.67 (2.91%)

04/03/18
SBSH
04/03/18
DOWNGRADE
Target $22
SBSH
Neutral
Commercial Metals downgraded to Neutral from Buy at Citi
Citi analyst Alexander Hacking downgraded Commercial Metals (CMC) to Hold and lowered his price target for the shares to $22 from $29. Multiple new rebar projects announced in recent months will offset the benefit of lower imports, Hacking tells investors in a research note. The analyst coupled the downgrade with an upgrade of U.S. Steel (X) to Buy.
04/03/18
04/03/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Commercial Metals (CMC) downgraded to Neutral from Buy at Citi analyst Alexander Hacking saying multiple new rebar projects announced in recent months will offset the benefit of lower imports. 2. GameStop (GME) downgraded to Hold from Buy at Loop Capital with analyst Anthony Chukumba saying while the company's core video game business improved in fiscal 2017, its Technology Brands "dramatically underperformed," and collectibles sales missed expectations. 3. Manpower (MAN) downgraded to Underweight from Equal Weight at Barclays with analyst Manav Patnaik saying he believes good news is reflected in the current valuation and he expects Manpower to underperform its Temp Staffing peers. 4. Cancer Genetics (CGIX) downgraded to Hold from Buy at Maxim with analyst Jason McCarthy citing the company's "disappointing" fourth quarter revenues and what he views as a lack of strategic direction at the company. 5. Weatherford (WFT) downgraded to Neutral from Overweight at Piper Jaffray with analyst Bill Herbert saying the company's turnaround is taking longer than expected, and its balance sheet is "prodigiously heavy." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/06/18
LBOW
04/06/18
INITIATION
Target $27
LBOW
Buy
Commercial Metals initiated with a Buy at Longbow
Longbow initiated Commercial Metals with a Buy and $27 price target.
04/06/18
04/06/18
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. Walmart (WMT) initiated with a Hold at Loop Capital. 2. Hanesbrands (HBI) initiated with a Neutral at BofA/Merrill. 3. Commercial Metals (CMC) initiated with a Buy at Longbow. 4. WageWorks (WAGE) resumed with a Hold at Needham. 5. Werner (WERN) resumed with a Buy at Stifel. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

IBB

iShares Nasdaq Biotechnology Index

$107.25

-0.06 (-0.06%)

06:49
05/25/18
05/25
06:49
05/25/18
06:49
Technical Analysis
iShares Nasdaq Biotechnology Index: Pivot points »

The following are 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

LABD

Daily S&P Biotech Bear 3x Shares

$28.70

-0.4 (-1.37%)

06:49
05/25/18
05/25
06:49
05/25/18
06:49
Technical Analysis
Daily S&P Biotech Bear 3x Shares: Pivot points »

The following are 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

EWH

MSCI Hong Kong Index

$26.03

-0.095 (-0.36%)

06:48
05/25/18
05/25
06:48
05/25/18
06:48
Technical Analysis
MSCI Hong Kong Index: Pivot points »

The following are 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

EWG

iShares MSCI Germany

$32.28

-0.25 (-0.77%)

06:48
05/25/18
05/25
06:48
05/25/18
06:48
Technical Analysis
iShares MSCI Germany: Pivot points »

The following are 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

IJR

iShares Core S&P Small Cap ETF

$82.63

0.02 (0.02%)

06:47
05/25/18
05/25
06:47
05/25/18
06:47
Technical Analysis
iShares Core S&P Small Cap ETF: Pivot points »

The following are 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

FL

Foot Locker

$46.38

1.35 (3.00%)

06:47
05/25/18
05/25
06:47
05/25/18
06:47
Earnings
Foot Locker reports Q1 EPS ex-items $1.45, consensus $1.25 »

Reports Q1 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

  • 25

    May

EEM

MSCI Emerging Markets Index

$46.25

-0.25 (-0.54%)

06:47
05/25/18
05/25
06:47
05/25/18
06:47
Technical Analysis
MSCI Emerging Markets Index: Pivot points »

The following are 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

EWW

iShares MSCI Mexico

$46.08

-0.65 (-1.39%)

06:46
05/25/18
05/25
06:46
05/25/18
06:46
Technical Analysis
iShares MSCI Mexico: Pivot points »

The following are 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

UUP

PowerShares DB US Dollar Index Up

$24.68

-0.035 (-0.14%)

06:45
05/25/18
05/25
06:45
05/25/18
06:45
Technical Analysis
PowerShares DB US Dollar Index Up: Pivot points »

The following are 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

UDN

PowerShares DB US Dollar Index Down

$21.90

0.08 (0.37%)

06:45
05/25/18
05/25
06:45
05/25/18
06:45
Technical Analysis
PowerShares DB US Dollar Index Down: Pivot points »

The following are 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

XCRA

Xcerra

$13.93

(0.00%)

, COHU

Cohu

$24.47

(0.00%)

06:44
05/25/18
05/25
06:44
05/25/18
06:44
Recommendations
Xcerra, Cohu analyst commentary  »

Xcerra attractive in…

XCRA

Xcerra

$13.93

(0.00%)

COHU

Cohu

$24.47

(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

  • 29

    May

ALK

Alaska Air

$59.87

1.46 (2.50%)

06:44
05/25/18
05/25
06:44
05/25/18
06:44
Conference/Events
Alaska Air management to meet with Buckingham »

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

  • 29

    May

ALK

Alaska Air

$59.87

1.46 (2.50%)

06:44
05/25/18
05/25
06:44
05/25/18
06:44
Conference/Events
Alaska Air management to meet with Buckingham »

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

  • 29

    May

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$272.87

-0.5 (-0.18%)

06:44
05/25/18
05/25
06:44
05/25/18
06:44
Periodicals
White House expects Trump to take harder line on China, CNBC reports »

CNBC's Eamon Javers…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$272.87

-0.5 (-0.18%)

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

AKAM

Akamai

$77.47

0.47 (0.61%)

06:43
05/25/18
05/25
06:43
05/25/18
06:43
Conference/Events
Akamai management to meet with SunTrust »

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

  • 29

    May

  • 07

    Jun

  • 13

    Jun

  • 26

    Jun

KERX

Keryx

$5.00

-0.11 (-2.15%)

06:42
05/25/18
05/25
06:42
05/25/18
06:42
Conference/Events
Keryx to host conference call »

Conference call 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

  • 25

    May

  • 05

    Jun

DPW

DPW Holdings

$0.70

-0.0077 (-1.09%)

06:40
05/25/18
05/25
06:40
05/25/18
06:40
Hot Stocks
DPW Holdings acquires minority interest in Manhattan luxury hotel development »

DPW Holdings acquired 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

AHGP

Alliance Holdings

$26.60

-0.59 (-2.17%)

06:39
05/25/18
05/25
06:39
05/25/18
06:39
Conference/Events
Alliance Holdings management to meet with Seaport Global »

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

  • 29

    May

LYV

Live Nation

$43.51

-0.55 (-1.25%)

06:36
05/25/18
05/25
06:36
05/25/18
06:36
Periodicals
Live Nation investor sues over $11M in executive bonuses, NY Post reports »

Live Nation investor…

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

FB

Facebook

$185.96

-0.94 (-0.50%)

, IBM

IBM

$144.03

-0.64 (-0.44%)

06:36
05/25/18
05/25
06:36
05/25/18
06:36
Periodicals
Tech's glitterati gather in European tech hub France, BI says »

In testimony to…

FB

Facebook

$185.96

-0.94 (-0.50%)

IBM

IBM

$144.03

-0.64 (-0.44%)

MSFT

Microsoft

$98.33

-0.39 (-0.40%)

INTC

Intel

$54.78

-0.43 (-0.78%)

UBER

Uber

$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

  • 03

    Jun

  • 04

    Jun

PM

Philip Morris

$81.61

-0.08 (-0.10%)

06:36
05/25/18
05/25
06:36
05/25/18
06:36
Conference/Events
Philip Morris management to meet with Piper Jaffray »

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

  • 28

    May

HIBB

Hibbett Sports

$28.95

0.6 (2.12%)

06:35
05/25/18
05/25
06:35
05/25/18
06:35
Earnings
Breaking Earnings news story on Hibbett Sports »

Hibbett Sports reaffirms…

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

  • 25

    May

ATV

Acorn International

$25.13

-2.12 (-7.78%)

06:34
05/25/18
05/25
06:34
05/25/18
06:34
Hot Stocks
Acorn International announces special one-time cash dividend of $14.97 per ADS »

Acorn International…

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

HIBB

Hibbett Sports

$28.95

0.6 (2.12%)

06:34
05/25/18
05/25
06:34
05/25/18
06:34
Earnings
Hibbett Sports reports Q1 EPS $1.12, consensus $1.15 »

Reports Q1 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

  • 25

    May

AVGO

Broadcom

$243.67

3.12 (1.30%)

06:32
05/25/18
05/25
06:32
05/25/18
06:32
Recommendations
Broadcom analyst commentary  »

Broadcom next gen…

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

    Jun

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.