Breaking News Instant updates and real-time market news.

F

Ford

$12.02

-0.095 (-0.78%)

06:13
06/14/18
06/14
06:13
06/14/18
06:13

Ford issues two safety recalls in North America, expands one recall

Ford is issuing two safety recalls and expanding one recall in North America. Ford is issuing a safety recall in North America for approximately 7,500 2018 Ford F-150, Expedition and Lincoln Navigator vehicles equipped with a 3.5-liter GTDI V6 engine for high-pressure fuel pumps with misaligned welds. On the affected vehicles, the high-pressure fuel pump assembly may have inadequate welds between the pump housing and its mounting flange. As a result, the fuel pump welds in these vehicles may be susceptible to high-cycle fatigue fractures that could cause the fuel pump to move relative to its mounting flange, resulting in eventual loss of the sealing integrity of the cam cover or the fuel lines and an oil or fuel leak, increasing the risk of fire. The recall involves approximately 7,580 vehicles in North America, with 5,645 in the United States and federalized territories, 1,625 in Canada and 310 in Mexico. The Ford reference number for this recall is 18S17. Ford is issuing a safety recall in North America for approximately 1,500 2018 Ford F-650 and F-750 vehicles with hydraulic brake systems for missing brake hose corrosion protection plating. On the affected vehicles, some primary and/or secondary brake circuit hose assemblies located between the master cylinder and the hydraulic control unit may not have the specified anti-corrosion plating on the metal ferrules that attach a flexible braided steel hose to metal tubes. Affected vehicles include 2018 Ford F-650 and F-750 vehicles built at Ohio Assembly Plant between Jan. 26, 2018 and March 13, 2018. The recall involves approximately 1,485 vehicles in North America, with 1,474 in the United States and 11 in Canada. The Ford reference number for this recall is 18S19. Ford is including an additional 27 2018 Ford Edge, 2018 Ford Fusion and 2017 Lincoln MKZ vehicles in an existing safety recall for Ford Edge, Fusion and Lincoln MKZ vehicles equipped with a 2.0-liter gas engine and 6F35 transmissions in North America that may have torque converters with inadequately welded studs. The recall now involves approximately 6,063 vehicles in North America, including 5,352 in the United States and federalized territories, 699 in Canada and 12 in Mexico.

F Ford
$12.02

-0.095 (-0.78%)

06/06/18
MSCO
06/06/18
NO CHANGE
Target $16
MSCO
Overweight
Morgan Stanley questions if Ford has a 'business problem or a marketing problem'
Morgan Stanley analyst Adam Jonas estimate that Ford's F-Series pickup truck will produce $42B of revenues in 2018 and produce net income of approximately $6.5B. Excluding Ford Motor, he believes the F-Series franchise would rank #72 on the Fortune 500 list by revenues and that the F-Series ranks "well inside the top 50 companies" in the U.S. in terms of profitability. Given these estimates, Jonas wonders in his note to investors whether Ford has "a business problem or a marketing problem," questioning if the stock market just does "not appreciate the extremely large value of the F-Series business" or if it offsets this large value with "an implied large negative value" of over $10B for the rest of Ford's business. Jonas maintains an Overweight rating and $16 price target on Ford shares.
06/06/18
MSCO
06/06/18
NO CHANGE
MSCO
Morgan Stanley says Softbank stake in Cruise significant 'far beyond' just GM
Morgan Stanley analyst Adam Jonas said Softbank's (SFTBF) recently announced investment in GM Cruise "carries significance far beyond" General Motors (GM), arguing that the increasingly conspicuous involvement of "outside validators" such as large-cap tech firms and prominent investors can accelerate perception change in the capital markets about "Auto 2.0." He envisions the possible formation of two different companies currently held under one automaker's roof, which he dubs an Auto 2.0 "Yieldco" and an Auto 2.0 "Growthco." Converting car owners into monthly subscribers could open up significant revenue, profit, and value opportunities for traditional automakers, argues Jonas in a note to investors. Other automaking "OEMs" include Ford (F), Daimler (DDAIF), Toyota (TM), Honda (HMC), Fiat Chrysler (FCAU) and BMW Group (BAMXY).
05/29/18
05/29/18
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. Ford (F) upgraded to Buy from Hold at Jefferies with analyst Philippe Houchois saying the company is getting no credit for its "ambitious but credible" cost targets and "strategic levers" to improve market and product exposure. 2. Roku (ROKU) upgraded to Equal Weight from Underweight at Morgan Stanley with analyst Benjamin Swinburne saying the shares are now down over 25% year-to-date while the company's "core fundamentals," such as ARPU and user growth, have been consistently coming in ahead of his prior expectations. 3. Phillips 66 (PSX) upgraded to Outperform from Market Perform at Wells Fargo with analyst Roger Read saying the IMO 2020 low sulfur marine fuel rule in his estimation will be a positive for the U.S. Independent Refiners. 4. Agnico Eagle (AEM) upgraded to Outperform from Market Perform at BMO Capital with analyst Andrew Kaip saying the company stands to benefit from "solid production growth" of 30% through 2020 following the addition of Meliadine assets into the pipeline and an improving free cash flow profile. 5. Occidental Petroleum (OXY) upgraded to Overweight from Equalweight at Capital One. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/29/18
JEFF
05/29/18
UPGRADE
Target $14
JEFF
Buy
Ford upgraded to Buy from Hold at Jefferies
Jefferies analyst Philippe Houchois upgraded Ford Motor to Buy and raised his price target for the shares to $14 from $13. The stock closed Friday down 11c to $11.51. The company is getting no credit for its "ambitious but credible" cost targets and "strategic levers" to improve market and product exposure, Houchois tells investors in a research note. The analyst thinks Ford is early among global carmakers in reevaluating how it allocates capital. Ford is his top pick among U.S. car manufacturers.

TODAY'S FREE FLY STORIES

FTNT

Fortinet

$74.70

3.07 (4.29%)

, SYMC

Symantec

$22.08

0.3 (1.38%)

09:09
12/11/18
12/11
09:09
12/11/18
09:09
Hot Stocks
Fortinet, Symantec partner for cloud security service »

Symantec (SYMC) and…

FTNT

Fortinet

$74.70

3.07 (4.29%)

SYMC

Symantec

$22.08

0.3 (1.38%)

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

  • 19

    Dec

  • 09

    Jan

  • 10

    Jan

WPP

WPP

$51.13

-0.98 (-1.88%)

, F

Ford

$8.53

-0.29 (-3.29%)

09:08
12/11/18
12/11
09:08
12/11/18
09:08
Hot Stocks
Fly Intel: Pre-market Movers »

HIGHER: WPP (WPP), up 5%…

WPP

WPP

$51.13

-0.98 (-1.88%)

F

Ford

$8.53

-0.29 (-3.29%)

GM

General Motors

$34.43

-0.27 (-0.78%)

ENTX

Entera Bio

$5.20

0.25 (5.05%)

ZNGA

Zynga

$3.68

0.07 (1.94%)

DSW

DSW

$23.04

-1.19 (-4.91%)

SFIX

Stitch Fix

$25.92

-0.42 (-1.59%)

SEAC

SeaChange

$1.78

0.02 (1.14%)

ACOR

Acorda Therapeutics

$19.08

0.48 (2.58%)

CAMP

CalAmp

$17.02

-0.23 (-1.33%)

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

    Dec

  • 11

    Dec

  • 13

    Dec

  • 20

    Dec

  • 05

    Jan

  • 23

    Jan

  • 25

    Apr

  • 24

    Jul

  • 23

    Oct

NTNX

Nutanix

$43.17

1 (2.37%)

09:07
12/11/18
12/11
09:07
12/11/18
09:07
Initiation
Nutanix initiated  »

Nutanix initiated with an…

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

    Dec

  • 12

    Dec

  • 17

    Dec

  • 15

    Jan

JNJ

Johnson & Johnson

$145.31

-0.07 (-0.05%)

09:06
12/11/18
12/11
09:06
12/11/18
09:06
Conference/Events
Johnson & Johnson management to meet with Oppenheimer »

Group luncheon to be held…

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

  • 12

    Dec

  • 12

    Dec

UNH

UnitedHealth

$266.57

-2.56 (-0.95%)

09:06
12/11/18
12/11
09:06
12/11/18
09:06
Hot Stocks
UnitedHealth renews contract with Envision Healthcare »

UnitedHealthcare…

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

  • 19

    Feb

PSTG

Pure Storage

$17.47

0.07 (0.40%)

09:05
12/11/18
12/11
09:05
12/11/18
09:05
Initiation
Pure Storage initiated  »

Pure Storage 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

DHI

D.R. Horton

$35.91

-0.54 (-1.48%)

09:05
12/11/18
12/11
09:05
12/11/18
09:05
Hot Stocks
D.R. Horton acquires home building operations of Terramor Homes in Raleigh, NC »

D.R. Horton 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

MMC

Marsh & McLennan

$84.57

-0.23 (-0.27%)

09:05
12/11/18
12/11
09:05
12/11/18
09:05
Hot Stocks
Marsh & McLennan Agency acquires Otis-Magie Insurance Agency »

Marsh & McLennan…

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

UTX

United Technologies

$119.44

-0.02 (-0.02%)

, EADSY

Airbus

$0.00

(0.00%)

09:05
12/11/18
12/11
09:05
12/11/18
09:05
Hot Stocks
Pratt & Whitney inks 12-year EngineWise service pact with Philippine Airlines »

Pratt & Whitney, a…

UTX

United Technologies

$119.44

-0.02 (-0.02%)

EADSY

Airbus

$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

CBRL

Cracker Barrel

$174.45

3.69 (2.16%)

09:04
12/11/18
12/11
09:04
12/11/18
09:04
Hot Stocks
Cracker Barrel and Country Living magazine announce launch of new collection »

Cracker Barrel Old…

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

    Dec

WCC

Wesco

$49.28

-0.675 (-1.35%)

09:04
12/11/18
12/11
09:04
12/11/18
09:04
Conference/Events
Wesco management to meet with KeyBanc »

Meeting to be held in Los…

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

  • 12

    Dec

NTAP

NetApp

$65.68

1.28 (1.99%)

09:04
12/11/18
12/11
09:04
12/11/18
09:04
Initiation
NetApp initiated  »

NetApp initiated with an…

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

    Dec

JNPR

Juniper

$27.61

-0.05 (-0.18%)

, CSCO

Cisco

$46.86

0.44 (0.95%)

09:04
12/11/18
12/11
09:04
12/11/18
09:04
Initiation
Juniper, Cisco initiated  »

Juniper initiated with an…

JNPR

Juniper

$27.61

-0.05 (-0.18%)

CSCO

Cisco

$46.86

0.44 (0.95%)

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

    Dec

  • 12

    Dec

  • 10

    Jan

FTI

TechnipFMC

$20.97

-0.03 (-0.14%)

09:04
12/11/18
12/11
09:04
12/11/18
09:04
Recommendations
TechnipFMC analyst commentary  »

TechnipFMC 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

  • 13

    Dec

TTD

Trade Desk

$134.75

1.25 (0.94%)

09:03
12/11/18
12/11
09:03
12/11/18
09:03
Conference/Events
Trade Desk management to meet with Oppenheimer »

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

  • 12

    Dec

MBRX

Moleculin Biotech

$1.27

0.03 (2.42%)

09:02
12/11/18
12/11
09:02
12/11/18
09:02
Conference/Events
Moleculin Biotech to hold a 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

TVTY

Tivity Health

$27.66

-12.94 (-31.87%)

, NTRI

Nutrisystem

$43.68

9.49 (27.76%)

09:02
12/11/18
12/11
09:02
12/11/18
09:02
Recommendations
Tivity Health, Nutrisystem analyst commentary  »

Tivity Health selloff on…

TVTY

Tivity Health

$27.66

-12.94 (-31.87%)

NTRI

Nutrisystem

$43.68

9.49 (27.76%)

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

ABDC

Alcentra Capital

$6.42

-0.015 (-0.23%)

09:02
12/11/18
12/11
09:02
12/11/18
09:02
Hot Stocks
Alcentra Capital announces plan to repurchase shares of its common stock »

Alcentra Capital…

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

AAPL

Apple

$169.61

1.24 (0.74%)

09:02
12/11/18
12/11
09:02
12/11/18
09:02
Technical Analysis
Technical Take: Apple moves higher, lifting broader index »

The stock was last at…

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

HUBS

HubSpot

$131.75

3.57 (2.79%)

, AMZN

Amazon.com

$1,640.37

11.18 (0.69%)

09:02
12/11/18
12/11
09:02
12/11/18
09:02
Hot Stocks
HubSpot announces three-year collaboration with Amazon Web Services »

HubSpot (HUBS) announced…

HUBS

HubSpot

$131.75

3.57 (2.79%)

AMZN

Amazon.com

$1,640.37

11.18 (0.69%)

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

    Dec

  • 13

    Dec

  • 19

    Dec

  • 20

    Dec

JBL

Jabil

$23.10

-0.165 (-0.71%)

09:01
12/11/18
12/11
09:01
12/11/18
09:01
Initiation
Jabil initiated  »

Jabil 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

  • 18

    Dec

UFPI

Universal Forest

$26.57

-0.56 (-2.06%)

09:01
12/11/18
12/11
09:01
12/11/18
09:01
Conference/Events
Universal Forest management to meet with Seaport Global »

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

  • 12

    Dec

  • 13

    Dec

IBM

IBM

09:00
12/11/18
12/11
09:00
12/11/18
09:00
Initiation
IBM initiated  »

IBM initiated with a Peer…

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

    Mar

FLEX

Flex

$8.22

-0.18 (-2.14%)

, JBL

Jabil

$23.10

-0.165 (-0.71%)

09:00
12/11/18
12/11
09:00
12/11/18
09:00
Initiation
Flex, Jabil initiated  »

Flex initiated with a…

FLEX

Flex

$8.22

-0.18 (-2.14%)

JBL

Jabil

$23.10

-0.165 (-0.71%)

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

  • 18

    Dec

VERI

Veritone

$6.90

1.28 (22.78%)

09:00
12/11/18
12/11
09:00
12/11/18
09:00
Recommendations
Veritone analyst commentary  »

Likeliness of Apis…

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

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.