Breaking News Instant updates and real-time market news.

UPS

UPS

$108.53

1.21 (1.13%)

09:26
07/13/18
07/13
09:26
07/13/18
09:26

UPS, Teamsters reach tentative new Master UPS Freight Agreement

UPS announced a tentative agreement for a new Master UPS Freight Agreement with the International Brotherhood of Teamsters. The five-year agreement, which is subject to ratification, covers about 11,000 Teamsters-represented UPS Freight employees. The company said, "UPS's goal for the freight and small package agreements has been to reward the company's employees for their contributions to its success while enabling the business to remain flexible to meet its customers' needs. Meeting these goals for both the freight and small package agreements, UPS is poised for continued growth supported by greater flexibility to meet the needs of its customers. With agreements now reached for both the freight and small package national master contracts, discussions continue for small package supplements and local agreements. Strong progress has been made on many local small package agreements and supplements, including a handshake agreement covering more than 100,000 Teamster-represented UPS employees located in the Central Conference, the Southern Conference, and Oregon / Idaho, among others. Other local agreements and supplements continue to be negotiated." The new agreements will go into effect August 1, 2018, once they are ratified by employees.

  • 06

    Aug

  • 07

    Aug

  • 08

    Aug

UPS UPS
$108.53

1.21 (1.13%)

05/30/18
LOOP
05/30/18
NO CHANGE
Target $139
LOOP
Buy
UPS price target raised to $139 from $135 at Loop Capital
Loop Capital analyst Rick Paterson raised his price target on UPS to $139 and kept his Buy rating, saying the stock still trades about 11% below the level seen going into the Q4 earnings call when the company expressed its plans to boost capital spending to $6.5-$7.0B. Paterson adds that following the "obvious" free cash flow implications, the stock has bottomed in March and continues to grind higher through the "5 stages of grief", ending at "acceptance". The analyst expects the grind higher to continue, extending his model through FY23, while also noting that its current 15.5-times PE multiple is over 2 points below the 5-year and 10-year averages.
06/29/18
LOOP
06/29/18
NO CHANGE
Target $1900
LOOP
Buy
Amazon's Last Mile delivery is a 'capital efficient' model, says Loop Capital
Loop Capital analyst Anthony Chukumba kept his Buy rating and $1,900 price target on Amazon (AMZN), saying that while the company's launch of a third-party distribution program is not necessarily a "game changer" in the near term, it is a "capital efficient" model that lessens its reliance on FedEx (FDX), UPS (UPS), and the Postal Service amid heightened political tensions. The analyst also discusses Amazon's acquisition of PillPack as a "trojan horse" entry intro the pharmacy business, stating that although the company is a small niche player, Amazon's rationale was driven by PillPack having 50 U.S. state licenses for drug distribution, which would have taken the former years to accrue.
06/29/18
BERN
06/29/18
NO CHANGE
Target $296
BERN
Outperform
Amazon contractor model 'not a direct threat' to FedEx, UPS, Bernstein says
Amazon yesterday announced plans to launch a program that would help entrepreneurs start local delivery businesses. Bernstein analyst David Vernon tells investors in a research note that the Delivery Service Providers program is closely modeled after FedEx's (FDX) Ground Independent Service Provider model, but says he believes that the evolution of the Amazon contractor model is not a direct threat to the FedEx and UPS (UPS) networks. The biggest threat, he says, is to growth at USPS. Vernon has an Outperform rating on FexEx and UPS, with respective price targets of $296 and $137.
06/29/18
MSCO
06/29/18
NO CHANGE
MSCO
Amazon to insource growing part of own volume over time, says Morgan Stanley
After Amazon (AMZN) announced yesterday that it is inviting entrepreneurs to form small delivery companies, Morgan Stanley analyst Brian Nowak called it the company's most overt and public move yet in relation to building out its in-house logistics network. Nowak remains cautious on the parcel companies overall and keeps an Underweight rating on UPS (UPS) and an Equal Weight rating on FedEx (FDX), stating that he expects Amazon to insource a growing percentage of its own volumes over time. In the "best case scenario," UPS and FedEx will not grow with Amazon in e-commerce, which could be a significant drag, while in a "worst case scenario" Amazon becomes a full-fledged competitor, Nowak added.

TODAY'S FREE FLY STORIES

RWT

Redwood Trust

$16.64

0.135 (0.82%)

, FNGN

Financial Engines

$44.98

(0.00%)

17:17
07/19/18
07/19
17:17
07/19/18
17:17
Hot Stocks
Redwood Trust to replace Financial Engines in S&P 600 at open on July 25 »

Private equity investment…

RWT

Redwood Trust

$16.64

0.135 (0.82%)

FNGN

Financial Engines

$44.98

(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

EQBK

Equity Bancshares

$43.71

0.53 (1.23%)

17:16
07/19/18
07/19
17:16
07/19/18
17:16
Hot Stocks
Equity Bancshares reports Q2 EPS 44c, consensus 67c »

Reports Q2 loan loss…

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

    Jul

  • 31

    Jul

  • 24

    Sep

TCEHY

Tencent

$0.00

(0.00%)

17:15
07/19/18
07/19
17:15
07/19/18
17:15
Periodicals
Tencent wins $2.9M in lawsuit against Moonton Technology CEO, Dot Esports says »

Tencent Holdings has been…

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

ONDK

On Deck Capital

$7.69

-0.4 (-4.94%)

17:14
07/19/18
07/19
17:14
07/19/18
17:14
Hot Stocks
Breaking Hot Stocks news story on On Deck Capital »

EJF Capital reports 5.3%…

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

    Aug

  • 08

    Aug

  • 15

    Aug

  • 16

    Aug

ISRG

Intuitive Surgical

$521.30

-6.37 (-1.21%)

17:12
07/19/18
07/19
17:12
07/19/18
17:12
Hot Stocks
Intuitive Surgical says still awaiting initial China quota »

Says procedure growth led…

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

    Jul

  • 21

    Aug

  • 27

    Aug

ISRG

Intuitive Surgical

$521.30

-6.37 (-1.21%)

17:11
07/19/18
07/19
17:11
07/19/18
17:11
Hot Stocks
Intuitive Surgical receives FDA clearance for Vessel Sealer Extend »

The company received U.S.…

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

    Jul

  • 21

    Aug

  • 27

    Aug

TWTR

Twitter

$43.43

0.09 (0.21%)

17:10
07/19/18
07/19
17:10
07/19/18
17:10
Hot Stocks
Twitter appoints Ngozi Okonjo-Iweala, Robert Zoellick to board »

Twitter 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

  • 27

    Jul

BA

Boeing

$355.49

-4.74 (-1.32%)

17:08
07/19/18
07/19
17:08
07/19/18
17:08
Hot Stocks
Boeing awarded $181.3M U.S. Army contract »

Boeing was awarded 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

  • 25

    Jul

STT

State Street

$92.84

-2.505 (-2.63%)

17:03
07/19/18
07/19
17:03
07/19/18
17:03
Hot Stocks
State Street raises quarterly dividend 12% to 47c from 42c per share »

Payable on Monday,…

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

    Jul

IQ

iQIYI

$32.60

-3.36 (-9.34%)

17:01
07/19/18
07/19
17:01
07/19/18
17:01
Hot Stocks
iQIYI launches upgrade of reading apps »

iQIYI announced 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

  • 31

    Jul

BTU

Peabody Energy

$44.10

-0.6 (-1.34%)

17:01
07/19/18
07/19
17:01
07/19/18
17:01
Hot Stocks
Peabody Energy raises quarterly dividend 10% to 12.5c per share »

Peabody announced that…

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

  • 24

    Jul

ISRG

Intuitive Surgical

$521.30

-6.37 (-1.21%)

16:59
07/19/18
07/19
16:59
07/19/18
16:59
Hot Stocks
Intuitive Surgical raises FY18 procedure growth view to 14.5%-16.5% from 12%-15% »

Still sees FY18 gross…

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

    Jul

  • 21

    Aug

  • 27

    Aug

WKHS

Workhorse Group

$1.49

(0.00%)

16:58
07/19/18
07/19
16:58
07/19/18
16:58
Hot Stocks
Arosa Capital reports 9.99% stake in Workhorse Group »

The Reporting Persons…

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

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$279.95

-1.09 (-0.39%)

16:58
07/19/18
07/19
16:58
07/19/18
16:58
Hot Stocks
Trump to invite Putin to White House for fall visit »

White House press…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$279.95

-1.09 (-0.39%)

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

DFS

Discover

$71.52

-0.57 (-0.79%)

16:56
07/19/18
07/19
16:56
07/19/18
16:56
Hot Stocks
Discover announces new $3B share repurchase plan, raises dividend to 40c »

Discover announced that…

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

    Jul

  • 08

    Aug

DFS

Discover

$71.52

-0.57 (-0.79%)

16:55
07/19/18
07/19
16:55
07/19/18
16:55
Hot Stocks
Breaking Hot Stocks news story on Discover »

Discover announces 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

  • 26

    Jul

  • 08

    Aug

16:55
07/19/18
07/19
16:55
07/19/18
16:55
Conference/Events
Stephens business services analyst to hold a dinner meeting »

Business Services Analyst…

WAL

Western Alliance

$58.12

-0.35 (-0.60%)

16:52
07/19/18
07/19
16:52
07/19/18
16:52
Earnings
Western Alliance reports Q2 EPS 99c, consensus 98c »

Reports Q2: net interest…

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

    Jul

  • 07

    Nov

JAZZ

Jazz Pharmaceuticals

$177.06

1.12 (0.64%)

16:47
07/19/18
07/19
16:47
07/19/18
16:47
Hot Stocks
JCO publishes pivotal Phase 3 data for Jazz Pharmaceuticals' Vyxeos »

Jazz Pharmaceuticals…

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

    Oct

  • 20

    Dec

ISRG

Intuitive Surgical

$521.30

-6.37 (-1.21%)

16:47
07/19/18
07/19
16:47
07/19/18
16:47
Hot Stocks
Intuitive Surgical says U.S. showed particular strength »

Says added surgical…

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

    Jul

  • 21

    Aug

  • 27

    Aug

NAVB

Navidea

$0.21

-0.0011 (-0.51%)

16:45
07/19/18
07/19
16:45
07/19/18
16:45
Conference/Events
Navidea to host business news update conference call »

President & CEO and…

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

    Jul

NGVT

Ingevity

$90.05

0.07 (0.08%)

16:42
07/19/18
07/19
16:42
07/19/18
16:42
Hot Stocks
Ingevity files suit against BASF for infringing on canister systems patent »

Ingevity has taken…

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

PTCT

PTC Therapeutics

$36.61

1.59 (4.54%)

16:40
07/19/18
07/19
16:40
07/19/18
16:40
Hot Stocks
Breaking Hot Stocks news story on PTC Therapeutics »

PTC Therapeutics trading…

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

AEHR

Aehr Test Systems

$2.81

0.13 (4.85%)

16:38
07/19/18
07/19
16:38
07/19/18
16:38
Earnings
Aehr Test Systems reports Q4 EPS 2c vs. (3c) in Q417 »

Reports Q4 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

  • 19

    Jul

BANF

BancFirst

$62.05

0.2 (0.32%)

16:35
07/19/18
07/19
16:35
07/19/18
16:35
Earnings
BancFirst reports Q2 EPS 91c, consensus 85c »

Reports Q2 loan loss…

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.