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FCX

Freeport McMoRan

$14.66

-0.07 (-0.48%)

06:07
08/29/18
08/29
06:07
08/29/18
06:07

Indonesia to extend Freeport's mining permit for one month, Reuters reports

Indonesia will extend the special mining permit for PT Freeport Indonesia for another month to September, Reuters reports, citing Energy and Mineral Resources Minister Ignasius Jonan. The move comes after Freeport McMoran agreed to sell a majority stake in PT Freeport Indonesia to state-owned mining company Inalum. Reference Link

FCX Freeport McMoRan
$14.66

-0.07 (-0.48%)

07/26/18
07/26/18
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. Dana (DAN) upgraded to Overweight from Equal Weight at Barclays with analyst Brian Johnson citing the company's Q2 results. 2. Xilinx (XLNX) upgraded to Buy from Neutral at Rosenblatt and to Buy from Underperform at BofA/Merrill. 3. Freeport McMoRan (FCX) upgraded to Hold from Sell at Deutsche Bank with analyst Chris Terry saying he believes the risks are now priced into the shares. 4. Integra LifeSciences (IART) upgraded to Buy from Neutral at BTIG with analyst Ryan Zimmerman saying the pullback in the stock price after its in-line Q2 results has created a more attractive valuation. 5. Cracker Barrel (CBRL) upgraded to Buy from Hold at Maxim with analyst Stephen Anderson saying he sees more stable comps and lower food costs helping the company return to low-teen earnings growth. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/02/18
BOFA
08/02/18
UPGRADE
Target $17
BOFA
Neutral
Freeport McMoRan upgraded to Neutral from Underperform at BofA/Merrill
BofA/Merrill analyst Timna Tanners upgraded Freeport McMoRan to Neutral from Underperform and maintained a $17 price target citing valuation, reduced political risk at Grasberg, and a more constructive view on copper.
08/02/18
08/02/18
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. Tesla (TSLA) upgraded to Outperform from Perform at Oppenheimer with analyst Colin Rusch saying gross margin performance on the Model 3 will carry the stock over the next 12-plus months. 2. Freeport McMoRan (FCX) upgraded to Neutral from Underperform at BofA/Merrill with analyst Timna Tanners citing valuation, reduced political risk at Grasberg, and a more constructive view on copper. 3. EnLink Midstream Partners (ENLK) upgraded to Buy from Hold at Stifel with analyst Timothy Howard citing the company's Q2 results that topped his expectations and raised 2018 guidance, which also lifted expectations in 2019. 4. Univar (UNVR) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Roert Koort saying the weakness following the in line Q2 report and reaffirmed 2018 guidance is "unwarranted." 5. Qorvo (QRVO) upgraded to Hold from Sell at Summit Insights with analyst Kinngai Chan citing the Q2 report saying investor expectations were high going into the report and now expects shares to perform in-line. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/06/18
MSCO
08/06/18
NO CHANGE
MSCO
Boeing, Tesla, Nvidia make Morgan Stanley 'key man risk' list
Morgan Stanley equity strategist Mark Savino noted that about 12% of CEO jobs among S&P 500 companies turned over in 2017, noting that this was the highest level of CEO departures since before the financial crisis. The 59 stocks of S&P 500 companies that had CEOs depart in 2017 underperformed the market by 11% over the next 12 months, or since the departure for instances that were less than 12 months ago, noted Savino. In cooperation with the firm's U.S. analysts, Savino and his team identified the companies in each sector they believe face the greatest level of "key man risk," which includes: Boeing (BA), Tesla (TSLA), ADT Inc. (ADT), Moody's (MCO), TransUnion (TRU), Arista Networks (ANET), Church & Dwight (CHD), Coca-Cola (KO), Monster Beverage (MNST), Coupa Software (COUP), Salesforce (CRM), FireEye (FEYE), MongoDB (MDB), Microsoft (MSFT), New Relic (NEWR), XPO Logistics (XPO), Hilton (HLT), Las Vegas Sands (LVS), Best Buy (BBY), Ulta (ULTA), Aflac (AFL), Athene Holding (ATH), Lincoln National (LNC), Arthur J. Gallagher (AJG), Chubb (CB), Amazon.com (AMZN), Activision Blizzard (ATVI), Facebook (FB), Alphabet (GOOGL), Apple (AAPL), Terex (TEX), Cleveland-Cliffs (CLF), Freeport McMoRan (FCX), FleetCor (FLT), Global Payments (GPN), Square (SQ), Jazz Pharmaceuticals (JAZZ), Cheesecake Factory (CAKE), Broadcom (AVGO), Nvidia (NVDA), Chegg (CHGG), DXC Technology (DXC), Medidata (MDSO), Pluralsight (PS), RealPage (RP), Shopify (SHOP) and T-Mobile (TMUS).

TODAY'S FREE FLY STORIES

ONCY

Oncolytics

$2.03

0.01 (0.50%)

, BMY

Bristol-Myers

$52.44

-0.15 (-0.29%)

07:10
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12/12
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07:10
Hot Stocks
Oncolytics treats first patient in pelareorep, carfilzomib with Opdivo trial »

Oncolytics (ONCY)…

ONCY

Oncolytics

$2.03

0.01 (0.50%)

BMY

Bristol-Myers

$52.44

-0.15 (-0.29%)

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UNIT

Uniti Group

$19.59

0.52 (2.73%)

07:10
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12/12
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07:10
Downgrade
Uniti Group rating change  »

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LII

Lennox

$207.29

-0.545 (-0.26%)

07:09
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Lennox sees $347M in insurance proceeds for 2018, 2019 »

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SRNE

Sorrento Therapeutics

$2.66

-0.27 (-9.22%)

07:08
12/12/18
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07:08
Recommendations
Sorrento Therapeutics analyst commentary  »

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MDR

McDermott

$7.28

-0.37 (-4.84%)

, GE

General Electric

$6.77

-0.15 (-2.17%)

07:08
12/12/18
12/12
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07:08
Hot Stocks
McDermott, Baker Hughes, selected for Equus Gas Project in Australia »

McDermott (MDR), with…

MDR

McDermott

$7.28

-0.37 (-4.84%)

GE

General Electric

$6.77

-0.15 (-2.17%)

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MOH

Molina Healthcare

$135.79

2.32 (1.74%)

07:08
12/12/18
12/12
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07:08
Hot Stocks
Molina Healthcare awarded CHIP contract in Mississippi »

Molina Healthcare…

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AVEO

Aveo Pharmaceuticals

$2.03

0.01 (0.50%)

, AZN

AstraZeneca

$38.63

0.22 (0.57%)

07:08
12/12/18
12/12
07:08
12/12/18
07:08
Hot Stocks
Aveo Oncology announces immuno-oncology clinical collaboration with AstraZeneca »

AVEO Oncology (AVEO)…

AVEO

Aveo Pharmaceuticals

$2.03

0.01 (0.50%)

AZN

AstraZeneca

$38.63

0.22 (0.57%)

03/08/13
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GRMN

Garmin

$65.37

0.41 (0.63%)

07:08
12/12/18
12/12
07:08
12/12/18
07:08
Hot Stocks
Garmin Health, ActiGraph collaborate on wearable solutions for clinical trials »

Garmin International, a…

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  • 13

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BIOS

BioScrip

$3.84

0.1 (2.67%)

07:08
12/12/18
12/12
07:08
12/12/18
07:08
Initiation
BioScrip initiated  »

BioScrip initiated with a…

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LII

Lennox

$207.29

-0.545 (-0.26%)

07:07
12/12/18
12/12
07:07
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07:07
Hot Stocks
Lennox sees FY18 CapEx approximately $125M »

Including $25M in 2018…

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  • 12

    Dec

APHA

Aphria

$6.14

0.55 (9.84%)

07:06
12/12/18
12/12
07:06
12/12/18
07:06
Hot Stocks
Aphria signs letter of intent to supply medical cannabis in Paraguay »

Aphria has signed a…

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SKIS

Peak Resorts

$4.98

-0.01 (-0.20%)

07:06
12/12/18
12/12
07:06
12/12/18
07:06
Earnings
Peak Resorts reports Q2 EPS (81c) vs. (66c) last year »

Reports Q2 revenue…

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  • 12

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AMRH

AMERI Holdings

$0.25

-0.0061 (-2.38%)

07:06
12/12/18
12/12
07:06
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07:06
Hot Stocks
AMERI Holdings names founder Dev Nidhi as Executive Chairman »

AMERI Holdings announced…

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LII

Lennox

$207.29

-0.545 (-0.26%)

07:05
12/12/18
12/12
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07:05
Hot Stocks
Lennox sees FY19 CapEx approximately $215M »

Including $115M in 2019…

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07:05
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General news
European stock markets are broadly higher »

European stock markets…

CRMD

CorMedix

$1.58

-0.08 (-4.82%)

07:04
12/12/18
12/12
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07:04
Recommendations
CorMedix analyst commentary  »

CorMedix price target…

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JBLU

JetBlue

$17.93

-0.02 (-0.11%)

07:04
12/12/18
12/12
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Hot Stocks
Breaking Hot Stocks news story on JetBlue »

JetBlue sees Q4 RASM up…

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LII

Lennox

$207.29

-0.545 (-0.26%)

07:03
12/12/18
12/12
07:03
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07:03
Earnings
Lennox sees FY19 adjusted EPS $12.00-$12.60, consensus $11.84 »

Sees FY19 revenue growth…

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07:03
12/12/18
12/12
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General news
MBA Mortgage Applications Composite Index data reported »

Week of 12/7 MBA Mortgage…

JBLU

JetBlue

$17.93

-0.02 (-0.11%)

07:03
12/12/18
12/12
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07:03
Hot Stocks
JetBlue reports preliminary November traffic up 9.7% »

JetBlue Airways…

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CDE

Coeur Mining

$3.98

-0.145 (-3.52%)

07:03
12/12/18
12/12
07:03
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07:03
Hot Stocks
Coeur Mining provides 2018 exploration update »

Coeur provided an update…

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LII

Lennox

$207.29

-0.545 (-0.26%)

07:02
12/12/18
12/12
07:02
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07:02
Earnings
Lennox raises FY18 adjusted EPS view to $9.21-$9.61 from $8.70-$9.10 »

FY18 consensus $8.95.…

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  • 12

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PKD

Parker Drilling

$1.12

0.025 (2.29%)

07:02
12/12/18
12/12
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07:02
Hot Stocks
Breaking Hot Stocks news story on Parker Drilling »

Parker Drilling trading…

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LII

Lennox

$207.29

-0.545 (-0.26%)

07:01
12/12/18
12/12
07:01
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07:01
Hot Stocks
Breaking Hot Stocks news story on Lennox »

Lennox raises FY18…

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  • 12

    Dec

VZ

Verizon

$58.85

0.58 (1.00%)

07:01
12/12/18
12/12
07:01
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07:01
Downgrade
Verizon rating change  »

Morgan Stanley downgrades…

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