Breaking News Instant updates and real-time market news.

CRM

Salesforce

$152.88

-3.12 (-2.00%)

, CPCAY

Cathay Pacific

$0.00

(0.00%)

21:04
09/19/18
09/19
21:04
09/19/18
21:04

Cathay Pacific to partner with Salesforce on digital transformation

Salesforce (CRM) announced that Cathay Pacific (CPCAY) is using Salesforce to accelerate digital transformation, generate new revenue streams and improve customer experiences with personalized engagements. An existing Salesforce Sales Cloud and Service Cloud customer since 2014, Cathay Pacific is deploying Salesforce Marketing Cloud to unify sales, service and marketing, and deliver connected, personalized customer experiences across any channel, including email, social, digital advertising and more. With the addition of Marketing Cloud, Cathay Pacific will focus on three key areas: acquiring new customers, personalizing all touch-points along the traveler's journey and getting a complete 360-degree view of the members of its Marco Polo loyalty program. Cathay Pacific's digital transformation is led by a vision that recognizes and caters to the evolving needs of its customers in order to increase its competitiveness in the airline industry.

CRM

Salesforce

$152.88

-3.12 (-2.00%)

CPCAY

Cathay Pacific

$0.00

(0.00%)

  • 20

    Sep

  • 24

    Sep

  • 25

    Sep

  • 26

    Sep

  • 03

    Mar

CRM Salesforce
$152.88

-3.12 (-2.00%)

08/30/18
RHCO
08/30/18
NO CHANGE
Target $170
RHCO
Buy
Salesforce price target raised to $170 from $146 at SunTrust
SunTrust analyst Terry Tillman raised his price target on Salesforce to $170 and kept his Buy rating after its reported Q2 saw "upside across every financial metric". The analyst notes that the company also raised its revenue guidance for the second half of FY19 in spite of the FX headwinds and also cites the management's positive view of operating environment as "one of the most buoyant technology investment cycles they have ever seen". Tillman expects the second half of FY19 to manifest the business strength and recommends that investors acquire the stock going into Salesforce's Dreamforce event catalyst in late September.
08/30/18
08/30/18
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. GUGGENHEIM UPGRADES ARLO TO BUY: Guggenheim upgraded Arlo Technologies (ARLO) to Buy from Neutral and maintained a $26 price target. Analyst Robert Cihra said the recent pullback in shares offers a compelling buying opportunity and the company has a meaningful runway to keep growing. Arlo shares are up 4% in late morning trading. JPMORGAN UPGRADES NUTANIX TO NEUTRAL: JPMorgan analyst Mark Murphy upgraded Nutanix (NTNX) to Neutral from Underweight and raised his price target for the shares to $54 from $39. The analyst's latest round of Nutanix checks and his latest VMware (VMW) survey suggest a "strong demand environment" for hyperconverged infrastructure. Nutanix is the leader in this space, Murphy said. He expects to see a "strong healthy quarter" from Nutanix, especially in terms of bookings. Murphy believes the stock offers a balanced risk/reward at current share levels. BERENBERG INITIATES PAYPAL WITH A BUY: Berenberg analyst Tammy Qiu started PayPal (PYPL) with a Buy rating and $104 price target. Innovators such as PayPal will remain competitive versus new entrants to the payments sector, Qiu said. The analyst views PayPal as a core holding in the payment and fintech space "because it is well positioned to enable financial inclusion via its wide product range." In addition, its two-sided platform, which serves merchants and consumers, makes it unique, Qiu contended. SALESFORCE DEFENDED AFTER EARNINGS, PRICE TARGET RAISED AT MULTIPLE FIRMS: Piper Jaffray analyst Alex Zukin raised his price target for Salesforce (CRM) to $180 from $165, saying the company posted a solid start to the year, with all metrics coming in ahead of consensus in spite of meaningful currency headwinds during the quarter. The analyst recommends using the post-earnings selloff as an opportunity to buy the shares. He sees near-term catalysts from Dreamforce and the company's analyst day, as well as a "strong" federal budget flush in Q3 and the "best IT spending environment in history." Zukin reiterated an Overweight rating on Salesforce shares. Additionally, Jefferies analyst John DiFucci raised his price target for Salesforce to $172 from $168 citing the company's "solid" Q2 results which he says exceeded expectations across the board. The print, however, was perhaps not as strong as the last two quarters, the analyst adds. While billings guidance implies further moderation of new subscription annual contract value in the second half of fiscal 2019, this likely reflects management's "typically prudent approach to guidance," DiFucci contends. He recommends buying Salesforce on any weakness today and keeps a Buy rating on the shares. Salesforce is off earlier lows, and is currently trading down 1.4%.
08/31/18
BMOC
08/31/18
NO CHANGE
Target $165
BMOC
Outperform
Salesforce billings hurt by seasonality, pipeline still solid, says BMO Capital
BMO Capital analyst Keith Bachman kept his Outperform rating and $165 price target on Salesforce after its Q2 results, saying the integration of its recent MuleSoft acquisition has helped to "boost" revenues with its $122M contribution, deferred revenues and margins. The analyst notes that the company's billings were slightly "disappointing", but sees its pipeline remaining solid and the issues as transitory beyond seasonality. Bachman recommends that investors continue to accumulate shares, taking advantage of any "near-term weakness".
08/31/18
ARGS
08/31/18
NO CHANGE
Target $180
ARGS
Buy
Salesforce price target raised to $180 from $141 at Argus
Argus analyst Joseph Bonner raised his price target on Salesforce to $180 and kept his Buy rating after its "strong" Q2 results and raised FY guidance for the third time. The analyst notes that while investors were disappointing by next quarter's outlook and bid the shares down, he believes that the company is "well positioned" to exploit secular trends of "software as a service cloud solutions, data analytics, and platform software services". Bonner also raises his FY19 EPS view to $2.53 from $2.31, citing Salesforce's continued market share gains and cloud CRM space innovation.
CPCAY Cathay Pacific
$0.00

(0.00%)

03/28/18
DBAB
03/28/18
UPGRADE
DBAB
Buy
Cathay Pacific upgraded to Buy from Sell at Deutsche Bank
Deutsche Bank analyst Joe Liew double upgraded Cathay Pacific to Buy from Sell with a price target of HK$16.58.
07/02/18
DBAB
07/02/18
DOWNGRADE
DBAB
Hold
China Eastern Airlines downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Joe Liew downgraded China Eastern Airlines (CEA) to Hold saying higher fuel expenses are a headwind for Asian airlines. Further, the recent yean depreciation has increased the risk premium on Chinese airline stocks, Liew tells investors in a research note. His top pick in the space is Cathay Pacific (CPCAY).

TODAY'S FREE FLY STORIES

TEX

Terex

$35.29

-0.3 (-0.84%)

19:01
02/22/19
02/22
19:01
02/22/19
19:01
Hot Stocks
Terex to sell Demag Mobile Cranes business to Tadano for $215M enterprise value »

Terex announced that it…

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

    Feb

CZR

Caesars

$9.05

-0.37 (-3.93%)

18:34
02/22/19
02/22
18:34
02/22/19
18:34
Hot Stocks
Canyon Partners: Caesars shareholders' value best served by open sale process »

Canyon Partners issued…

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

ERJ

Embraer

$20.85

0.17 (0.82%)

, BA

Boeing

$424.05

6.57 (1.57%)

18:11
02/22/19
02/22
18:11
02/22/19
18:11
Periodicals
Brazilian judge suspends Embraer-Boeing deal talks, Reuters reports »

A Brazilian judge…

ERJ

Embraer

$20.85

0.17 (0.82%)

BA

Boeing

$424.05

6.57 (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

  • 26

    Feb

  • 11

    Mar

  • 14

    Mar

  • 28

    May

BXG

Bluegreen Vacations

$14.47

0.55 (3.95%)

18:02
02/22/19
02/22
18:02
02/22/19
18:02
Earnings
Bluegreen Vacations reports Q4 EPS 27c, consensus 24c »

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

  • 22

    Feb

  • 22

    Feb

SM

SM Energy

$16.88

-0.13 (-0.76%)

17:57
02/22/19
02/22
17:57
02/22/19
17:57
Recommendations
SM Energy analyst commentary  »

SM Energy's higher…

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

AN

AutoNation

$37.22

-1.15 (-3.00%)

17:47
02/22/19
02/22
17:47
02/22/19
17:47
Syndicate
Breaking Syndicate news story on AutoNation »

AutoNation files…

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

  • 22

    Feb

  • 22

    Feb

  • 27

    Feb

TSLA

Tesla

$294.60

3.42 (1.17%)

, NSANY

Nissan

$0.00

(0.00%)

17:42
02/22/19
02/22
17:42
02/22/19
17:42
Periodicals
Tesla's Model 3 was the highest-selling EV globally in 2018, Verge reports »

Tesla's (TSLA) Model…

TSLA

Tesla

$294.60

3.42 (1.17%)

NSANY

Nissan

$0.00

(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

  • 25

    Feb

  • 18

    Mar

  • 19

    Mar

FSFG

First Savings Financial Group

$51.33

0.22 (0.43%)

17:31
02/22/19
02/22
17:31
02/22/19
17:31
Hot Stocks
First Savings Financial raises quarterly dividend to 16c per share from 15c »

The dividend will be paid…

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

MSFT

Microsoft

$110.97

1.5 (1.37%)

17:31
02/22/19
02/22
17:31
02/22/19
17:31
Periodicals
Employees demand Microsoft cancel $480M U.S. Army contract, Reuters says »

Several Microsoft workers…

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

    Feb

  • 01

    Mar

  • 03

    Mar

  • 04

    Mar

  • 06

    Mar

  • 07

    Mar

  • 18

    Mar

ENT

Global Eagle

$2.66

(0.00%)

17:23
02/22/19
02/22
17:23
02/22/19
17:23
Hot Stocks
Global Eagle to cut workforce by roughly 15% »

As previously disclosed,…

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

17:15
02/22/19
02/22
17:15
02/22/19
17:15
General news
Breaking General news story  »

New York Federal Reserve…

NOC

Northrop Grumman

$288.84

2.54 (0.89%)

17:13
02/22/19
02/22
17:13
02/22/19
17:13
Hot Stocks
Northrop Grumman exec Kalan sells 4,312 common shares »

In a regulatory filing,…

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

LYB

LyondellBasell

$89.14

0.63 (0.71%)

17:07
02/22/19
02/22
17:07
02/22/19
17:07
Syndicate
Breaking Syndicate news story on LyondellBasell »

LyondellBasell files…

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

TCCO

Technical Comm Corp

$2.76

0.17 (6.56%)

17:06
02/22/19
02/22
17:06
02/22/19
17:06
Hot Stocks
Technical Comm Corp to submit plan to regain compliance with Nasdaq by March 4 »

Technical Comm Corp…

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

INFU

InfuSystem

$4.15

0.04 (0.97%)

17:01
02/22/19
02/22
17:01
02/22/19
17:01
Hot Stocks
InfuSystem announces settlement of derivative lawsuit »

InfuSystem Holdings…

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

KALU

Kaiser Aluminum

$108.22

-1.9 (-1.73%)

17:01
02/22/19
02/22
17:01
02/22/19
17:01
Hot Stocks
Kaiser Aluminum names Neal West as new CFO »

Kaiser Aluminum 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

ALDR

Alder Biopharmaceuticals

$14.35

0.19 (1.34%)

17:00
02/22/19
02/22
17:00
02/22/19
17:00
Hot Stocks
Alder Biopharmaceuticals submits eptinezumab BLA to FDA »

Alder BioPharmaceuticals…

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

    Feb

RF

Regions Financial

$16.24

-0.01 (-0.06%)

16:59
02/22/19
02/22
16:59
02/22/19
16:59
Syndicate
Breaking Syndicate news story on Regions Financial »

Regions Financial files…

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

    Feb

  • 27

    Feb

HL

Hecla Mining

$2.59

-0.145 (-5.31%)

16:58
02/22/19
02/22
16:58
02/22/19
16:58
Syndicate
Breaking Syndicate news story on Hecla Mining »

Hecla Mining files 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

BMY

Bristol-Myers

$50.99

0.84 (1.68%)

, CELG

Celgene

$89.15

0.54 (0.61%)

16:52
02/22/19
02/22
16:52
02/22/19
16:52
Hot Stocks
Bristol-Myers files proxy statement in connection with proposed Celgene merger »

Bristol-Myers Squibb…

BMY

Bristol-Myers

$50.99

0.84 (1.68%)

CELG

Celgene

$89.15

0.54 (0.61%)

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

  • 22

    Feb

  • 26

    Feb

  • 28

    Feb

  • 18

    May

  • 20

    May

  • 28

    May

TEN

Tenneco

$36.29

0.76 (2.14%)

16:48
02/22/19
02/22
16:48
02/22/19
16:48
Earnings
Tenneco sees FY19 revenue growth up 4%-5%, consensus $4.65B »

The company expects 2019…

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

    Feb

  • 25

    Feb

TEN

Tenneco

$36.29

0.76 (2.14%)

16:46
02/22/19
02/22
16:46
02/22/19
16:46
Earnings
Tenneco reports preliminary Q4 revenue $4.3B, consensus $4.3B »

Sees FY18 EPS "near…

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

    Feb

  • 25

    Feb

XRX

Xerox

$31.50

0.16 (0.51%)

16:44
02/22/19
02/22
16:44
02/22/19
16:44
Conference/Events
Xerox management to meet with Loop Capital »

Meeting to be held in 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

  • 28

    Feb

TWTR

Twitter

$31.70

0.94 (3.06%)

16:38
02/22/19
02/22
16:38
02/22/19
16:38
Hot Stocks
Twitter board member Evan Williams to step down at end of month »

On February 22, 2019,…

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

    Feb

ALLY

Ally Financial

$26.95

-0.07 (-0.26%)

16:34
02/22/19
02/22
16:34
02/22/19
16:34
Hot Stocks
Ally Financial CEO sells over 97,000 common shares »

In a regulatory filing,…

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

    Feb

  • 27

    Mar

  • 28

    May

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.