Breaking News Instant updates and real-time market news.

F

Ford

$9.28

-0.15 (-1.59%)

12:39
09/09/18
09/09
12:39
09/09/18
12:39

Trump says Ford dropping plan to sell Chinese-made car is 'just the beginning'

In a tweet, Preside Donald Trump said: "Ford has abruptly killed a plan to sell a Chinese-made small vehicle in the U.S. because of the prospect of higher U.S. Tariffs." CNBC. This is just the beginning. This car can now be BUILT IN THE U.S.A. and Ford will pay no tariffs!" Reference Link

F Ford
$9.28

-0.15 (-1.59%)

07/20/18
07/20/18
NO CHANGE

Fly Intel: Today's top analyst calls on Wall Street
Check out today's top analyst calls from around Wall Street, compiled by The Fly. BOFA CUTS YUM CHINA TO UNDERPERFORM: BofA Merrill Lynch analyst Chen Luo downgraded Yum China (YUMC) to Underperform from Neutral and cut its price target to $34 from $44.30. Luo said he expects Yum China to continue to underperform given a likely peak in KFC trends amid China's weakening macro environment, a likely prolonged turnaround at Pizza Hut combined with heavy costs, a slowdown in Chinese consumer consumption, and RMB depreciation. Yum China is down 4.8% in late morning trading. CREDIT SUISSE CUTS FIVE BELOW TO NEUTRAL: Credit Suisse analyst Judah Frommer downgraded Five Below (FIVE) to Neutral from Outperform, telling investors that he is moving to the sidelines as he sees risk/reward balanced at current levels given the stock's material outperformance and back-half comp acceleration that he believes is priced into shares. Frommer keeps his $110 price target and says Five Below remains one of the most differentiated concepts in retail. Five Below is down 4.4% in late morning trading. BAIRD MORE CAUTIOUS ON DRUG SUPPLY CHAIN: Baird analyst Eric Coldwell downgraded Express Scripts (ESRX), AmerisourceBergen (ABC), and McKesson (MCK), all to Neutral from Outperform, citing the heavy political attack in recent weeks against pharmacy benefit managers and members of the drug supply chain. Among them, he said AmerisourceBergen remains his preferred name, but he cannot justify putting new money to work in these names in the current environment. SUNTRUST STARTS VIKING WITH A BUY: SunTrust analyst Edward Nash initiated Viking Therapeutics (VKTX) with a Buy rating and a price target of $14, saying its VK2809 drug for lipid disorders "has the potential to become a promising treatment by addressing multiple metabolic issues" associated with the non-alcoholic steatohepatitis disease, or NASH. Viking is up 8.3% in late morning trading. JPMORGAN SAYS BUY GM, SELL TESLA INTO EARNINGS: JPMorgan analyst Ryan Brinkman forecast lower than consensus Q2 earnings for Ford (F) and higher than consensus earnings for General Motors (GM). The analyst is also concerned about the potential for a "large loss and accompanying large cash outflow" at Tesla (TSLA) in Q2 to "make the bridge" to GAAP profitability and positive cash generation in the second half of the year. Brinkman maintained Overweight ratings on GM and Ford, with a preference for GM shares. He also kept his cautious Underweight rating on Tesla shares, seeing 44% downside to his $180 December 2018 price target.
07/24/18
PIPR
07/24/18
NO CHANGE
Target $57
PIPR
Overweight
General Motors outperforming Ford in China, says Piper Jaffray
While both would suffer in a trade war, it is clear that General Motors (GM) is outperforming Ford (F) in China, Piper Jaffray analyst Alexander Potter tells investors in a research note. The analyst views GM's China business as stable, with a growing presence in luxury. He thinks Cadillac represented 16.7% of GM's Q2 revenue in China, versus 13.6% in 2017, which should boost margins. Until its "new product blitz gains momentum, Ford's China business will likely continue bleeding," Potter contends. He notes the company's Ford's retail sales in China declined by 38% year-over-year in June. The analyst keeps an Overweight rating on GM and a Neutral rating on Ford.
08/14/18
NOMU
08/14/18
NO CHANGE
Target $9
NOMU
Neutral
Ford price target lowered to $9 from $10 at Nomura Instinet
Nomura Instinet analyst Anindya Das lowered his price target for Ford to $9 after reducing fiscal 2018 earnings per share estimate by 17% to $1.20. The analyst lowered his outlook for Ford's Asia Pacific operations based on first half of 2018 sales trends and also sees Europe becoming more difficult. Das keeps a Neutral rating on Ford shares.
08/20/18
MSCO
08/20/18
NO CHANGE
Target $15
MSCO
Overweight
Ford risks high, but so is potential reward, says Morgan Stanley
Morgan Stanley analyst Adam Jonas believes Ford announcing plans to spend $11B on restructuring and then canceling its investor day may have may have the unintended consequence of raising expectations for a "big bang" of action. While acknowledging the wide range of potential outcomes, Jonas has an estimate for how Ford could recognize its planned $11B in restructuring charges over a 3-5 year period to achieve annual cost reductions of about $4B, giving it a payback period of just under 3 years that would "usually [be] a very good use of capital" by automotive standards, he tells investors. Jonas maintains an Overweight rating on Ford with a $15 price target, contending that the "risks are high, but so is the potential reward."

TODAY'S FREE FLY STORIES

11:37
12/13/18
12/13
11:37
12/13/18
11:37
Conference/Events
UBS retail/hardlines analyst to hold an analyst/industry conference call »

Retail/Hardlines Analyst…

SA

Seabridge Gold

$11.69

0.01 (0.09%)

11:36
12/13/18
12/13
11:36
12/13/18
11:36
Hot Stocks
Seabridge Gold: Iron Cap's impact on economic potential to aid in positive JV »

The remaining drill holes…

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

  • 13

    Dec

11:35
12/13/18
12/13
11:35
12/13/18
11:35
General news
4-Week Bill Auction Total Amount data reported »

4-Week Bill Auction Total…

11:35
12/13/18
12/13
11:35
12/13/18
11:35
General news
8-Week Bill Auction Total Amount data reported »

8-Week Bill Auction Total…

SPG

Simon Property

$185.54

3.03 (1.66%)

, MAC

Macerich

$50.02

2.89 (6.13%)

11:30
12/13/18
12/13
11:30
12/13/18
11:30
Periodicals
Simon Property has 'no interest' in buying Macerich, Bloomberg says »

A Simon Property (SPG)…

SPG

Simon Property

$185.54

3.03 (1.66%)

MAC

Macerich

$50.02

2.89 (6.13%)

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

NRZ

New Residential

$15.67

-0.45 (-2.79%)

11:27
12/13/18
12/13
11:27
12/13/18
11:27
Recommendations
New Residential analyst commentary  »

New Residential selloff…

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

FIS

FIS

$105.83

-0.555 (-0.52%)

, GPN

Global Payments

$104.34

0.02 (0.02%)

11:25
12/13/18
12/13
11:25
12/13/18
11:25
Conference/Events
Cantor Fitzgerald financial tech analyst to hold a luncheon meeting »

Financial Technology…

FIS

FIS

$105.83

-0.555 (-0.52%)

GPN

Global Payments

$104.34

0.02 (0.02%)

IMXI

International Money Express

$11.99

(0.00%)

JKHY

Jack Henry

$134.03

-0.73 (-0.54%)

MA

MasterCard

$197.93

-2.47 (-1.23%)

PYPL

PayPal

$87.94

1.44 (1.66%)

SQ

Square

$62.89

-0.78 (-1.23%)

V

Visa

$137.17

-0.67 (-0.49%)

WP

Worldpay

$81.97

1.27 (1.57%)

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

  • 13

    Dec

  • 13

    Dec

  • 13

    Dec

  • 18

    Dec

  • 18

    Dec

  • 18

    Dec

  • 29

    Jan

CENT

Central Garden & Pet

$33.76

-0.12 (-0.35%)

, CENTA

Central Garden & Pet Co.

$30.91

-0.03 (-0.10%)

11:25
12/13/18
12/13
11:25
12/13/18
11:25
Conference/Events
Central Garden & Pet Co participates in a luncheon meeting »

Consumer Analyst Group of…

CENT

Central Garden & Pet

$33.76

-0.12 (-0.35%)

CENTA

Central Garden & Pet Co.

$30.91

-0.03 (-0.10%)

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

  • 13

    Dec

GE

General Electric

$7.34

0.62 (9.23%)

, PG

Procter & Gamble

$96.44

2.41 (2.56%)

11:22
12/13/18
12/13
11:22
12/13/18
11:22
On The Fly
Fly Intel: Today's top analyst calls on Wall Street »

Check out today's top…

GE

General Electric

$7.34

0.62 (9.23%)

PG

Procter & Gamble

$96.44

2.41 (2.56%)

ALKS

Alkermes

$33.66

-1.83 (-5.16%)

KO

Coca-Cola

$49.45

0.25 (0.51%)

MRVL

Marvell

$15.60

0.25 (1.63%)

NVDA

Nvidia

$149.26

0.36 (0.24%)

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

    Dec

  • 18

    Dec

  • 06

    Jan

  • 08

    Jan

  • 31

    Jan

  • 03

    Mar

LB

L Brands

$31.35

-0.14 (-0.44%)

11:21
12/13/18
12/13
11:21
12/13/18
11:21
Recommendations
L Brands analyst commentary  »

L Brands sale of La Senza…

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

CDLX

Cardlytics

$12.50

-0.23 (-1.81%)

11:21
12/13/18
12/13
11:21
12/13/18
11:21
Recommendations
Cardlytics analyst commentary  »

Cardlytics insider…

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

XLF

Financial Select Sector

$24.56

-0.07 (-0.28%)

11:20
12/13/18
12/13
11:20
12/13/18
11:20
Options
30K SPDR Financial Fund Jan 22 - 25 risk-reversals bought for 40c »

30K SPDR Financial Fund…

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

CYDY

CytoDyn

$0.00

(0.00%)

, DAKT

Daktronics

$8.21

-0.15 (-1.79%)

11:20
12/13/18
12/13
11:20
12/13/18
11:20
Conference/Events
Singular Research to hold a conference »

13th Annual 'Best of…

CYDY

CytoDyn

$0.00

(0.00%)

DAKT

Daktronics

$8.21

-0.15 (-1.79%)

BIOL

Biolase

$1.02

(0.00%)

SALM

Salem Media

$2.61

-0.05 (-1.88%)

CDB

Canadaguia Brand

$0.00

(0.00%)

QNST

QuinStreet

$15.71

-0.38 (-2.36%)

HBIO

Harvard Bioscience

$3.46

0.01 (0.29%)

NVEE

NV5 Global

$64.09

-0.39 (-0.60%)

OESX

Orion Energy

$0.71

(0.00%)

SA

Seabridge Gold

$11.67

-0.01 (-0.09%)

ACU

Acme United

$13.94

(0.00%)

JMP

JMP Group

$4.50

-0.1 (-2.17%)

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

  • 13

    Dec

  • 13

    Dec

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
12/13/18
12/13
11:17
12/13/18
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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%)

11:16
12/13/18
12/13
11:16
12/13/18
11:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

11:15
12/13/18
12/13
11:15
12/13/18
11:15
General news
Breaking General news story  »

4-Week Bill Auction to be…

11:15
12/13/18
12/13
11:15
12/13/18
11:15
General news
Breaking General news story  »

8-Week Bill Auction to be…

XPO

XPO Logistics

$51.85

-8.4 (-13.94%)

11:13
12/13/18
12/13
11:13
12/13/18
11:13
Periodicals
XPO Logistics tells Bloomberg short-seller claims misleading, previously refuted »

A spokesperson for XPO…

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

NVAX

Novavax

$2.40

-0.08 (-3.23%)

11:10
12/13/18
12/13
11:10
12/13/18
11:10
Options
Continued call buying in Novavax »

Continued call buying 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

11:10
12/13/18
12/13
11:10
12/13/18
11:10
General news
Treasury announced a $14 TIPS 5-year reopening for next Thursday »

Treasury announced a $14…

FB

Facebook

$143.78

-0.48 (-0.33%)

11:08
12/13/18
12/13
11:08
12/13/18
11:08
Hot Stocks
Facebook says more than 400M people monthly spend at least one minute on Watch »

Facebook Head of Video,…

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

11:06
12/13/18
12/13
11:06
12/13/18
11:06
General news
5-Yr TIPS Announcement CUSIP Number data reported »

5-Yr TIPS Announcement…

11:06
12/13/18
12/13
11:06
12/13/18
11:06
General news
5-Yr TIPS Announcement Offering Amount data reported »

5-Yr TIPS Announcement…

11:06
12/13/18
12/13
11:06
12/13/18
11:06
General news
3-Month Bill Announcement Offering Amount data reported »

3-Month Bill Announcement…

11:06
12/13/18
12/13
11:06
12/13/18
11:06
General news
6-Month Bill Announcement Offering Amount data reported »

6-Month Bill Announcement…

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.