Breaking News Instant updates and real-time market news.

BAC

Bank of America

$29.43

-0.41 (-1.37%)

12:40
06/14/18
06/14
12:40
06/14/18
12:40

Bank of America is most active single stock option class

Bank of America is most active single stock option class. 300K contracts have traded by midsession, with calls leading puts 4:1 as shares slip 1.3% to $29.43. 45% of the volume is in options expiring tomorrow, including 70K June 30 calls trading near 4c against 97K open.

BAC Bank of America
$29.43

-0.41 (-1.37%)

01/31/18
DBAB
01/31/18
NO CHANGE
Target $15
DBAB
Sell
GE likely to be dropped from Dow 30 index, says Deutsche Bank
General Electric (GE) is likely to be dropped from the Dow Jones Industrial Average after being in the index of 30 companies for over 110 years as an original member since 1896, Deutsche Bank analyst John Inch tells investors in a research note. The chances that GE could be removed from the Dow are increasing as the company continues to face "substantial challenges," the analyst writes. These include "earnings and cash pressure, tough global power generation markets, aggressive downsizing, shrinking its portfolio, management shake-up and SEC investigations," Inch argues. He sees "headline risk" as the most significant risk factor if GE were to be dropped from the Dow, "potentially amplified by GE's high mix of retail investors." Inch notes that the last major Dow shakeup occurred in September 2003, when American Airlines (AAL), Bank of America (BAC) and Hewlett Packard (HPQ) were removed and Goldman Sachs (GS), Nike (NKE) and Verizon (VZ) were added. Inch has a Sell rating on General Electric with a $15 price target. The shares closed yesterday down 33c to $15.95.
02/02/18
MSCO
02/02/18
NO CHANGE
MSCO
BofA, JPMorgan, Citi best positioned for tougher CCAR test, says Morgan Stanley
Morgan Stanley analyst Betsy Graseck said she had expected an easier stress test from the Federal Reserve but that the 2018 CCAR test actually seems tougher than last year, given the more intense recessions and lower asset prices modeled in it. A tougher test makes her less optimistic on her strong payout growth expectations, said Graseck, who sees Bank of America (BAC), JPMorgan (JPM) and Citi (C) as best positioned to "weather the storm" and increase payouts given their resilient balance sheets and significant excess capital. She sees Goldman Sachs (GS), which recently cut buybacks, as at risk from a tougher test, which likely weighs on the bank's 2018 ask, Graseck added.
04/03/18
BMOC
04/03/18
NO CHANGE
Target $34
BMOC
Market Perform
Bank of America pullback provides a buying opportunity, says BMO Capital
BMO Capital analyst James Fotheringham says that the recent near-10% pullback in the Bank of America stock price provides investors with a buying opportunity. The analyst contends that the bank's stock trades much more closely in line with short term interest rates rather than the 10-year and believes that its net interest margins will prove to be "insensitive" to lower yields on the benchmark as well as higher LIBOR-OIS spreads. Fotheringham keeps his $34 price target and Market Perform rating on Bank of America, adding that its current two-year-forward P/E valuation multiple is close to its long-term historical average.
04/17/18
BMOC
04/17/18
NO CHANGE
Target $34
BMOC
Market Perform
Bank of America is the best of the 'big four' U.S. banks, says BMO Capital
BMO Capital analyst James Fotheringham kept his Market Perform rating and $34 price target on Bank of America (BAC) after its in-line Q1 earnings but raised his FY18 EPS view to $2.62 from $2.59 and FY19 view to $3.18 from $3.12. Fotheringham says than in contrast, he lowered earnings forecasts for JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) because of higher costs and lower revenues, but Bank of America's better than expected net interest income rise justifies his view of the bank as the "best of the bunch". The analyst also notes the bank's more favorable valuation trading at a below-average two-year-forward P/E multiple despite his forecast of double the core earnings growth rate of Bank of America's peers.

TODAY'S FREE FLY STORIES

AAL

American Airlines

$42.36

-0.4 (-0.94%)

, LUV

Southwest

$52.02

-0.145 (-0.28%)

12:51
06/18/18
06/18
12:51
06/18/18
12:51
Periodicals
JetBlue founder plans to launch new airline, Airline Weekly reports »

JetBlue (JBLU) founder…

AAL

American Airlines

$42.36

-0.4 (-0.94%)

LUV

Southwest

$52.02

-0.145 (-0.28%)

UAL

United Continental

$74.18

0.29 (0.39%)

JBLU

JetBlue

$19.14

-0.05 (-0.26%)

DAL

Delta Air Lines

$54.77

-0.4 (-0.73%)

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

    Jun

  • 29

    Jun

  • 26

    Jul

XHB

SPDR Homebuilders

$40.50

-0.36 (-0.88%)

12:50
06/18/18
06/18
12:50
06/18/18
12:50
Options
Put buyers in SPDR Homebuilders ETF ahead of data »

Put buyers in SPDR…

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

LUNA

Luna Innovations

$3.01

-0.04 (-1.31%)

12:46
06/18/18
06/18
12:46
06/18/18
12:46
Hot Stocks
Breaking Hot Stocks news story on Luna Innovations »

Leviticus Partners…

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

RRC

Range Resources

$16.65

0.69 (4.32%)

12:45
06/18/18
06/18
12:45
06/18/18
12:45
Options
Range Resources call volume above normal and directionally bullish »

Bullish option flow…

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

    Aug

12:45
06/18/18
06/18
12:45
06/18/18
12:45
General news
Breaking General news story  »

Atlanta Federal Reserve…

SQ

Square

$65.15

0.595 (0.92%)

, TWTR

Twitter

$45.77

-0.03 (-0.07%)

12:43
06/18/18
06/18
12:43
06/18/18
12:43
Hot Stocks
Square moves higher after being granted cryptocurrency license in New York »

Shares of Square (SQ)…

SQ

Square

$65.15

0.595 (0.92%)

TWTR

Twitter

$45.77

-0.03 (-0.07%)

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

  • 27

    Jul

SJM

J.M. Smucker

$103.74

-1.95 (-1.85%)

12:35
06/18/18
06/18
12:35
06/18/18
12:35
Options
J.M. Smucker put volume heavy and directionally bearish »

Bearish flow noted 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

  • 15

    Aug

AAPL

Apple

$188.89

0.02 (0.01%)

12:34
06/18/18
06/18
12:34
06/18/18
12:34
Periodicals
Apple Pay to launch in Poland on Tuesday, Cashless reports »

Apple Pay (AAPL) will…

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

    Jun

GM

General Motors

$43.89

-0.02 (-0.05%)

12:29
06/18/18
06/18
12:29
06/18/18
12:29
Periodicals
GM to invest $175M to retool Michigan plant for Cadillac sedans, Reuters reports »

General Motors 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

  • 20

    Jun

AWK

American Water

$81.42

0.36 (0.44%)

12:26
06/18/18
06/18
12:26
06/18/18
12:26
Hot Stocks
American Water investing over $14M to replace, install 48k feet of water main »

linois American…

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

12:25
06/18/18
06/18
12:25
06/18/18
12:25
Conference/Events
Federal Reserve Bank of Atlanta president speaks at a meeting »

Atlanta Federal Reserve…

BDX

Becton Dickinson

$229.87

-2.3 (-0.99%)

12:25
06/18/18
06/18
12:25
06/18/18
12:25
Conference/Events
Becton Dickinson has a conference call hosted by William Blair »

William Blair hosts 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

    Jun

AWK

American Water

$81.37

0.31 (0.38%)

12:24
06/18/18
06/18
12:24
06/18/18
12:24
Hot Stocks
American Water to invest $2.3M to upgrade 7,100 feet of water main in Pekin »

Illinois American Water…

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

RCII

Rent-A-Center

$14.70

2.675 (22.25%)

12:20
06/18/18
06/18
12:20
06/18/18
12:20
Options
Active trading in Rent A Center as shares rally »

Active trading in Rent 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

RCII

Rent-A-Center

$14.71

2.685 (22.33%)

, WPC

W.P. Carey

$65.68

-1.37 (-2.04%)

12:18
06/18/18
06/18
12:18
06/18/18
12:18
General news
On The Fly: Top stock stories at midday »

Stocks opened sharply…

RCII

Rent-A-Center

$14.71

2.685 (22.33%)

WPC

W.P. Carey

$65.68

-1.37 (-2.04%)

JD

JD.com

$43.98

0.35 (0.80%)

GOOG

Alphabet

$1,164.30

12.35 (1.07%)

GOOGL

Alphabet Class A

$1,174.85

15.82 (1.36%)

ARWR

Arrowhead

$13.90

2.83 (25.56%)

CBPO

China Biologic

$99.99

18.09 (22.09%)

CBIO

Catalyst Biosciences

$10.81

-14.52 (-57.32%)

ZIOP

Ziopharm

$3.55

-0.76 (-17.63%)

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

    Jun

  • 18

    Jun

  • 18

    Jun

  • 20

    Jun

  • 28

    Oct

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
06/18/18
06/18
12:17
06/18/18
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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%)

12:16
06/18/18
06/18
12:16
06/18/18
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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

KHC

Kraft Heinz

$60.94

-0.67 (-1.09%)

12:15
06/18/18
06/18
12:15
06/18/18
12:15
Periodicals
Kraft Heinz mulls sale of children's drink brand in India, Bloomberg says »

Kraft Heinz is weighing 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

12:15
06/18/18
06/18
12:15
06/18/18
12:15
General news
Euro$ interest rate futures continue to claw back »

Euro$ interest rate…

ATVI

Activision Blizzard

$77.65

0.21 (0.27%)

, EA

Electronic Arts

$144.71

-1.92 (-1.31%)

12:13
06/18/18
06/18
12:13
06/18/18
12:13
Hot Stocks
WHO adds 'Gaming Disorder' to ICD »

The World Health…

ATVI

Activision Blizzard

$77.65

0.21 (0.27%)

EA

Electronic Arts

$144.71

-1.92 (-1.31%)

GME

GameStop

$14.27

0.355 (2.55%)

TTWO

Take-Two

$119.78

-1.74 (-1.43%)

MSFT

Microsoft

$100.58

0.34 (0.34%)

NTDOY

Nintendo

$0.00

(0.00%)

ZNGA

Zynga

$4.28

-0.045 (-1.04%)

SNE

Sony

$48.12

-0.99 (-2.02%)

UBSFY

Ubisoft

$0.00

(0.00%)

TCEHY

Tencent

$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

  • 18

    Jun

  • 19

    Jun

  • 19

    Jun

  • 28

    Jun

BBBY

Bed Bath & Beyond

$20.17

-0.01 (-0.05%)

12:10
06/18/18
06/18
12:10
06/18/18
12:10
Options
Earnings hedge in Bed, Bath and Beyond »

Earnings hedge in Bed,…

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

MOMO

Momo

$52.74

-0.87 (-1.62%)

12:09
06/18/18
06/18
12:09
06/18/18
12:09
Technical Analysis
Technical Take: Momo falls, analyst action »

The stock was last down…

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

    Sep

SQ

Square

$65.28

0.725 (1.12%)

12:07
06/18/18
06/18
12:07
06/18/18
12:07
Hot Stocks
New York DFS grants virtual currency license to Square »

Financial Services…

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

SOGO

Sogou

$15.08

1.18 (8.49%)

12:05
06/18/18
06/18
12:05
06/18/18
12:05
Options
Sogou Inc (Class A ADS) call volume above normal and directionally bullish »

Bullish option flow…

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

TGTX

TG Therapeutics

$13.65

-0.1 (-0.73%)

12:04
06/18/18
06/18
12:04
06/18/18
12:04
Hot Stocks
TG Therapeutics reports updated results from ongoing ublituximab Phase 2 study »

TG Therapeutics 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

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.