Breaking News Instant updates and real-time market news.

FOXA

21st Century Fox

$48.59

0.25 (0.52%)

, FOX

21st Century Fox

$48.28

0.31 (0.65%)

16:35
06/22/18
06/22
16:35
06/22/18
16:35

21st Century Fox extends CFO John Nallen's employment contract to 2021

On June 22, 21st Century Fox America, a wholly owned subsidiary of Twenty-First Century Fox, entered into a letter agreement with John Nallen, Senior Executive Vice President and CFO of the company, effective immediately. The Letter Agreement, among other things, amends Nallen's employment agreement dated as of July 1, 2013, and as amended as of July 1, 2015, to extend the term of employment through June 30, 2021. All other substantive terms of Nallen's Employment Agreement, including Nallen's compensation, remain unchanged.

FOXA

21st Century Fox

$48.59

0.25 (0.52%)

FOX

21st Century Fox

$48.28

0.31 (0.65%)

FOXA 21st Century Fox
$48.59

0.25 (0.52%)

06/14/18
OPCO
06/14/18
NO CHANGE
Target $42
OPCO
Outperform
Disney likely to top bid for Fox entertainment assets, says Oppenheimer
Oppenheimer analyst Timothy Horan notes that Comcast (CMCSA) has bid $65B for a cash offer for Fox's (FOXA) entertainment assets, a 19% premium to Disney's offer (DIS). The analyst believes it does make strategic/financial sense, and Comcast has a great track record on acquisitions. Further, Horan thinks a joint NBC/Fox would be a content powerhouse while expanding the company's presence in Europe with Sky (SKYAY), and slashing OTT video risk. Nonetheless, the analyst believes Disney is likely to top the bid. He reiterates an Outperform rating and $42 price target on Comcast's shares.
06/18/18
PIVT
06/18/18
DOWNGRADE
PIVT
Sell
Disney downgraded to Sell from Hold at Pivotal Research
Pivotal Research analyst Brian Wieser downgraded Disney to Sell with an unchanged price target of $93. The stock closed Friday up 10c to $108.85. The recent rally in the shares is unwarranted and fails to reflect that a higher price paid for Fox's (FOXA) entertainment assets would reduce the value of Disney to its shareholders, Wieser tells investors in a research note. Further, the analyst believes the acquisition not being completed would also be negative for Disney as it would mean the company would be unable to realize the synergies it expects to produce from the transaction. The strategic position of Disney would "further be weakened relative to what would otherwise be possible without the transaction," Wieser contends.
06/20/18
KEYB
06/20/18
NO CHANGE
KEYB
KeyBanc sees end of Fox bidding war nearing, with Disney as likely winner
KeyBanc analyst Brandon Nispel does not think Comcast (CMCSA) can bid above $42 in all-cash offer for the assets of 21st Century Fox (FOXA) and maintain reasonable leverage ratios, adding that it may be able to go as high as $45 per share in a cash and stock offer. However, a $45 per share bid, split 80/20 cash and stock, would "hardly be accretive" in the next two years and be perceived negatively by Comcast shareholders, he contends. Given this view, Nispel argues the bidding war is approaching an end and he views Disney (DIS) as the likely winner.
06/21/18
RILY
06/21/18
NO CHANGE
Target $50
RILY
Buy
21st Century Fox price target raised to $50 from $46 at B. Riley FBR
B. Riley FBR analyst Barton Crockett raised his price target for 21st Century Fox to $50 and keeps a Buy rating on the shares.
FOX 21st Century Fox
$48.28

0.31 (0.65%)

03/14/18
MACQ
03/14/18
UPGRADE
MACQ
Outperform
Sky upgraded to Outperform from Neutral at Macquarie
Macquarie analyst Guy Peddy upgraded Sky (SKYAY) to Outperform from Neutral after he raised his FY19/20 and FY20/21 EPS by about 16% due to the lower EPL costs. His valuation analysis suggests the current 1075p offer from 21st Century Fox (FOXA) "materially undervalues" Sky and even Comcast's (CMCSA) indicative offer at 1250p "fractionally undervalues" it, Peddy tells investors. What happens next is up to Comcast and Disney (DIS), as Fox is just an intermediary, he added. Peddy raised his price target on Sky shares to 1450p, as he believes tension between those two could lift the offer price at least 10% above his fair value estimate of 1287p.
05/01/18
MSCO
05/01/18
NO CHANGE
Target $130
MSCO
Overweight
Disney trades at 'historic discount' while building out OTT, says Morgan Stanley
Morgan Stanley analyst Benjamin Swinburne believes Disney's (DIS) new segment presentation could benefit shares by highlighting Disney's Over-the-top, or OTT, opportunity and providing visibility into the earnings power of its core businesses. If Fox (FOXA) is included and Hulu is consolidated, Swinburne estimates Disney's OTT and Direct-to-consumer businesses grow to roughly $6.5B in gross annual revenues by FY20, while noting that the stock is currently trading at a historical discount to the S&P 500. He maintains an Overweight rating and $130 price target on Disney shares.
05/10/18
OPCO
05/10/18
NO CHANGE
Target $42
OPCO
Outperform
Comcast acquisition of Fox would make strategic, financial sense, says Oppenheimer
Oppenheimer analyst Timothy Horan notes that press reports stated Comcast (CMCSA) has lined up $60B in financing to make an all-cash offer for Fox's (FOXA) entertainment assets, representing a 15% premium to Disney's (DIS) offer. While he thinks this has caused half the 30% decline in Comcast's stock year to date, the analyst believes it does make strategic and financial sense, and Comcast has a great track record on acquisitions. Horan thinks a joint NBC/Fox is a content powerhouse while expanding the company's presence in Europe through Sky (SKYAY), and slashing OTT video risk. The analyst reiterates an Outperform rating and $42 price target on Comcast's shares.

TODAY'S FREE FLY STORIES

XLF

Financial Select Sector

$26.45

0.045 (0.17%)

08:17
10/15/18
10/15
08:17
10/15/18
08:17
Technical Analysis
Financial Select Sector: 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

SMH

Market Vectors Semiconductor

$97.34

1.84 (1.93%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Technical Analysis
Market Vectors Semiconductor: 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

RCON

Recon Technology

$1.12

(0.00%)

, BABA

Alibaba

$147.80

5.77 (4.06%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Hot Stocks
Recon launches FGS cooperative promotion program with Alipay and PetroChina »

Recon Technology's…

RCON

Recon Technology

$1.12

(0.00%)

BABA

Alibaba

$147.80

5.77 (4.06%)

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

    Oct

  • 02

    Nov

IT

Gartner

$148.85

3.89 (2.68%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Conference/Events
Gartner to hold a symposium »

Gartner Symposium: ITxpo…

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

    Nov

  • 08

    Nov

QQQ

Invesco QQQ Trust

$174.28

4.59 (2.70%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Technical Analysis
Invesco QQQ Trust: 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

IPG

Interpublic Group

$21.41

-0.19 (-0.88%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Initiation
Interpublic Group initiated  »

Interpublic Group resumed…

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

    Oct

$COMP

Nasdaq Composite

$0.00

(0.00%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Technical Analysis
Nasdaq Composite: 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

RNSDF

Renault

$0.00

(0.00%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Downgrade
Renault rating change  »

Renault downgraded 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

SRPT

Sarepta

$130.79

8.61 (7.05%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Hot Stocks
Sarepta signs license agreement with Lysogene for LYS-SAF302 »

Sarepta announced it has…

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

NDX

Nasdaq 100 Index

$0.00

(0.00%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Technical Analysis
Nasdaq 100 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

DDAIF

Daimler AG

$0.00

(0.00%)

08:16
10/15/18
10/15
08:16
10/15/18
08:16
Downgrade
Daimler AG rating change  »

Daimler AG downgraded 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

PARR

Par Pacific

$18.80

-0.08 (-0.42%)

08:15
10/15/18
10/15
08:15
10/15/18
08:15
Conference/Events
Argus to hold a summit »

Fuel Oil Summit will be…

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

PEG

PSEG

$53.70

0.1 (0.19%)

, RNR

RenaissanceRe

$131.69

-1.45 (-1.09%)

08:15
10/15/18
10/15
08:15
10/15/18
08:15
Conference/Events
Deutsche Bank to hold a conference »

ESG Investing Conference…

PEG

PSEG

$53.70

0.1 (0.19%)

RNR

RenaissanceRe

$131.69

-1.45 (-1.09%)

DB

Deutsche Bank

$10.84

(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

  • 15

    Oct

  • 11

    Nov

  • 14

    Nov

08:15
10/15/18
10/15
08:15
10/15/18
08:15
General news
U.S. retail sales preview: »

U.S. retail sales…

08:15
10/15/18
10/15
08:15
10/15/18
08:15
General news
Empire State Mfg Survey General Business Conditions Index to be reported at 08:30 »

October Empire State Mfg…

08:15
10/15/18
10/15
08:15
10/15/18
08:15
General news
Retail Sales less autos to be reported at 08:30 »

September Retail Sales…

08:15
10/15/18
10/15
08:15
10/15/18
08:15
General news
Retail Sales to be reported at 08:30 »

September Retail Sales…

ADBE

Adobe

$248.89

10.24 (4.29%)

08:14
10/15/18
10/15
08:14
10/15/18
08:14
Conference/Events
Adobe to hold a conference »

Adobe MAX is being 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

  • 15

    Oct

AIMT

Aimmune

$26.40

1.23 (4.89%)

, REGN

Regeneron

$384.20

12.47 (3.35%)

08:12
10/15/18
10/15
08:12
10/15/18
08:12
Hot Stocks
Aimmune Therapeutics announces initiation of Phase 2 study of AR101 »

Aimmune Therapeutics…

AIMT

Aimmune

$26.40

1.23 (4.89%)

REGN

Regeneron

$384.20

12.47 (3.35%)

SNY

Sanofi

$42.89

-0.83 (-1.90%)

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

    Oct

  • 19

    Oct

  • 20

    Oct

  • 23

    Oct

  • 28

    Oct

  • 29

    Oct

  • 06

    Nov

  • 28

    Jan

  • 22

    Mar

  • 28

    Apr

  • 13

    May

SVRA

Savara

$9.94

-0.08 (-0.80%)

08:11
10/15/18
10/15
08:11
10/15/18
08:11
Hot Stocks
Savara completes enrollment of IMPALA Phase 3 study »

Savara 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

  • 16

    Oct

KRYS

Krystal Biotech

$15.49

0.58 (3.89%)

08:10
10/15/18
10/15
08:10
10/15/18
08:10
Conference/Events
Krystal Biotech to hold a conference call »

Management holds 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

IMAX

Imax

$23.04

0.13 (0.57%)

08:10
10/15/18
10/15
08:10
10/15/18
08:10
Hot Stocks
Imax names Megan Colligan President, IMAX Entertainment and Executive VP, IMAX »

IMAX appointed Megan…

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

    Oct

  • 14

    Nov

XYF

X Financial

$9.55

0.05 (0.53%)

08:10
10/15/18
10/15
08:10
10/15/18
08:10
Initiation
X Financial initiated  »

X Financial 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

LEN

Lennar

$43.15

-0.16 (-0.37%)

08:09
10/15/18
10/15
08:09
10/15/18
08:09
Recommendations
Lennar analyst commentary  »

Lennar 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

MANT

ManTech

$56.51

0.74 (1.33%)

08:09
10/15/18
10/15
08:09
10/15/18
08:09
Hot Stocks
ManTech awarded $45M contract for NSWC »

ManTech announced a $45M…

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

  • 01

    Nov

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.