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TM

Toyota

$134.34

-1.815 (-1.33%)

19:14
06/20/18
06/20
19:14
06/20/18
19:14

Toyota to reduce marketing costs to fund new research, Reuters reports

Toyota Motors has started cutting costs beginning with sales and marketing, shifting the funding into research to better compete with other automakers, Reuters reports, citing people familiar with the matter. The company has already cancelled contracts with the China unit of Dentsu. Reference Link

TM Toyota
$134.34

-1.815 (-1.33%)

06/01/18
DAIW
06/01/18
UPGRADE
DAIW
Buy
Toyota upgraded to Outperform from Neutral at Daiwa
06/01/18
06/01/18
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. American Airlines (AAL) upgraded to Outperform from In-Line at Imperial Capital with analyst Michael Derchin saying American is likely to reduce capacity starting in the post-labor day period, which should be well received by investors. 2. T2 Biosystems (TTOO) upgraded to Outperform from Market Perform at Leerink with analyst Puneet Souda saying this week's T2bacteria FDA clearance expands the company's market opportunity "dramatically" from $1.4B to over $3B. 3. Highwoods Properties (HIW) upgraded to Buy from Hold at Stifel with analyst John Guinee saying he believes the macro environment is changing to the positive for REITs. 4. Toyota (TM) upgraded to Outperform from Neutral at Daiwa. 5. RLJ Lodging Trust (RLJ) upgraded to Overweight from Equal Weight at Barclays with analyst Felicia Hendrix saying she views the current valuation as attractive and sees a strong RevPAR outlook for 2019. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/02/18
GSCO
06/02/18
UPGRADE
GSCO
Buy
Toyota upgraded to Buy from Neutral at Goldman Sach
Goldman Sachs analyst Kota Yuzawa upgraded Toyota Motor (TM) to Buy with an increased price target of 8,500 yen. The carmaker's U.S. shares closed yesterday up $3.36 to $131.31. While sales growth is unlikely amid increasing competition in the U.S. market, management has made it clear they will be focusing strongly on lowering costs, Yuzawa tells investors in a research note. As such, the analyst expects Toyota to establish a "leaner earnings structure" over the next few years and improve its operating structure. Yuzawa this morning also downgraded Honda Motor (HMC) to Neutral from Buy.
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).

TODAY'S FREE FLY STORIES

LGF.A

Lionsgate

$23.88

-0.595 (-2.43%)

, LGF.B

Lionsgate

$22.65

-0.3 (-1.31%)

16:14
07/18/18
07/18
16:14
07/18/18
16:14
Upgrade
Lionsgate, Lionsgate rating change  »

Lionsgate upgraded to Buy…

LGF.A

Lionsgate

$23.88

-0.595 (-2.43%)

LGF.B

Lionsgate

$22.65

-0.3 (-1.31%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
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03/06/13
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  • 09

    Aug

EGAN

eGain

$13.18

-0.725 (-5.22%)

16:13
07/18/18
07/18
16:13
07/18/18
16:13
Initiation
eGain initiated  »

eGain initiated with a…

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CLX

Clorox

$129.46

-5.54 (-4.10%)

16:12
07/18/18
07/18
16:12
07/18/18
16:12
Initiation
Clorox initiated  »

Clorox initiated with a…

03/08/13
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  • 02

    Aug

AA

Alcoa

$47.85

-0.155 (-0.32%)

16:12
07/18/18
07/18
16:12
07/18/18
16:12
Hot Stocks
Alcoa cuts FY18 adjusted EBITDA view to $3B-$3.2B from $3.5B-$3.7B »

The new full-year…

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  • 18

    Jul

TBK

Triumph Bancorp

$41.15

0.45 (1.11%)

16:12
07/18/18
07/18
16:12
07/18/18
16:12
Earnings
Triumph Bancorp reports Q2 adj. EPS 50c, consensus 50c »

Adjusted diluted earnings…

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  • 19

    Jul

  • 31

    Jul

  • 24

    Sep

AXP

American Express

$102.98

1.84 (1.82%)

16:12
07/18/18
07/18
16:12
07/18/18
16:12
Hot Stocks
American Express says resuming buybacks this quarter »

Q2 consolidated total…

03/08/13
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  • 18

    Jul

  • 08

    Aug

ON

ON Semiconductor

$24.24

0.34 (1.42%)

16:12
07/18/18
07/18
16:12
07/18/18
16:12
Initiation
ON Semiconductor initiated  »

ON Semiconductor…

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03/08/13
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03/06/13
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  • 30

    Jul

  • 07

    Aug

  • 08

    May

BMCH

BMC Stock Holdings

$21.70

0.1 (0.46%)

16:11
07/18/18
07/18
16:11
07/18/18
16:11
Initiation
BMC Stock Holdings initiated  »

BMC Stock Holdings…

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  • 30

    Jul

AA

Alcoa

$47.94

-0.065 (-0.14%)

16:10
07/18/18
07/18
16:10
07/18/18
16:10
Earnings
Alcoa reports Q2 EPS ex-items $1.52, consensus $1.34 »

Reports Q2 revenue $3.6B,…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

AXP

American Express

$102.96

1.82 (1.80%)

16:10
07/18/18
07/18
16:10
07/18/18
16:10
Hot Stocks
American Express reaffirms FY18 EPS view at high-end of $6.90-$7.30 view »

FY18 EPS consensus $7.24.…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

  • 08

    Aug

KMI

Kinder Morgan

$17.77

0.075 (0.42%)

16:09
07/18/18
07/18
16:09
07/18/18
16:09
Earnings
Kinder Morgan backs FY18 adjusted EBITDA view of roughly $7.5B »

For 2018, KMI's…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

FBNK

First Connecticut

$30.95

(0.00%)

16:09
07/18/18
07/18
16:09
07/18/18
16:09
Earnings
First Connecticut reports Q2 EPS 42c, consensus 40c »

Net interest income…

03/08/13
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03/08/13
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AXP

American Express

$102.93

1.79 (1.77%)

16:08
07/18/18
07/18
16:08
07/18/18
16:08
Earnings
American Express reports Q2 EPS $1.84, consensus $1.82 »

Reports Q2 revenue…

03/08/13
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03/08/13
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  • 18

    Jul

  • 08

    Aug

KMI

Kinder Morgan

$17.80

0.11 (0.62%)

16:08
07/18/18
07/18
16:08
07/18/18
16:08
Earnings
Kinder Morgan reports Q2 adjusted EPS 21c, consensus 19c »

Reports Q2 revenue…

03/08/13
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03/08/13
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03/06/13
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  • 18

    Jul

GBNK

Guaranty Bancorp

$30.70

0.25 (0.82%)

16:08
07/18/18
07/18
16:08
07/18/18
16:08
Earnings
Breaking Earnings news story on Guaranty Bancorp »

Guaranty Bancorp reports…

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PTC

PTC

$98.27

-0.64 (-0.65%)

16:08
07/18/18
07/18
16:08
07/18/18
16:08
Hot Stocks
PTC advances transition to subscription business model »

PTC announced a milestone…

03/08/13
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  • 18

    Jul

GBX

Greenbrier

$55.10

0.25 (0.46%)

16:08
07/18/18
07/18
16:08
07/18/18
16:08
Initiation
Greenbrier initiated  »

Greenbrier initiated with…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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UFPI

Universal Forest

$38.35

-0.205 (-0.53%)

16:07
07/18/18
07/18
16:07
07/18/18
16:07
Earnings
Universal Forest reports Q2 EPS 71c, consensus 73c »

Reports Q2 revenue…

03/08/13
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SLG

SL Green Realty

$100.51

0.29 (0.29%)

16:07
07/18/18
07/18
16:07
07/18/18
16:07
Earnings
SL Green Realty reports Q2 FFO $1.69, consensus $1.68 »

Reports Q2 revenue…

03/08/13
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03/08/13
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  • 19

    Jul

ICFI

ICF International

$72.50

-0.5 (-0.68%)

16:07
07/18/18
07/18
16:07
07/18/18
16:07
Hot Stocks
ICF International awarded infrastructure contract by LA County Public Works »

ICF has been selected by…

03/08/13
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  • 02

    Aug

TCBI

Texas Capital

$94.00

2.2 (2.40%)

16:06
07/18/18
07/18
16:06
07/18/18
16:06
Earnings
Texas Capital reports Q2 EPS $1.38, consensus $1.39 »

Net interest income was…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

IBM

IBM

$144.32

0.86 (0.60%)

16:06
07/18/18
07/18
16:06
07/18/18
16:06
Earnings
IBM reports Q2 cognitive solutions revenue $4.6B, flat y/y »

Reports Q2 global…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

  • 06

    Aug

IBM

IBM

$144.32

0.86 (0.60%)

16:05
07/18/18
07/18
16:05
07/18/18
16:05
Hot Stocks
IBM says strategic imperatives revenue was $39B over last 12 months »

Strategic imperatives…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

  • 06

    Aug

PTC

PTC

$98.13

-0.78 (-0.79%)

16:05
07/18/18
07/18
16:05
07/18/18
16:05
Earnings
PTC sees FY18 EPS $1.41-$1.46, consensus $1.39 »

Sees FY18 revenue…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

DWCH

Datawatch

$11.30

-0.3 (-2.59%)

16:04
07/18/18
07/18
16:04
07/18/18
16:04
Earnings
Datawatch reports Q3 EPS 7c, consensus (5c) »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 18

    Jul

  • 15

    Aug

  • 16

    Aug

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