Breaking News Instant updates and real-time market news.

CMI

Cummins

$150.59

1.67 (1.12%)

, ISUZY

Isuzu Motors

$0.00

(0.00%)

07:34
10/04/18
10/04
07:34
10/04/18
07:34

Cummins, Isuzu Motors sign LOI to evaluate partnership opportunities

Cummins (CMI) and Isuzu Motors (ISUZY) announced that they have signed a Letter of Intent to jointly evaluate opportunities to deliver globally competitive products. Each company has committed to assign a team of individuals over the next few months to explore potential opportunities in product technology development, service and other areas of collaboration with the potential for a longer-term partnership for the next generation of diesel and natural gas based internal combustion powertrains as well as new powertrain technologies such as electrification. Diesel engines will continue to be the power leader for the foreseeable future in commercial vehicle and off-highway markets. A long-term partnership would enable both companies to grow globally.

CMI

Cummins

$150.59

1.67 (1.12%)

ISUZY

Isuzu Motors

$0.00

(0.00%)

CMI Cummins
$150.59

1.67 (1.12%)

08/24/18
08/24/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. L Brands (LB) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Kimberly Greenberger saying the Victoria's Secret turnaround is taking longer than anticipated and she now sees greater risk to 2019 estimates. 2. Hormel Foods (HRL) downgraded to Equal Weight from Overweight at Barclays with analyst Benjamin Theurer saying he is taking a more neutral view on the shares citing the supply/demand imbalance in the pork business, uncertainty in the international segment from trade tariffs, and the "sluggish performance" of its other businesses. 3. Cummins (CMI) downgraded to Underweight from Neutral at JPMorgan with analyst Ann Duignan saying with demand for trucks in China slowing, and lingering investor concerns over a peaking truck cycle in North America, she sees downside risks for the shares. 4. Secureworks (SCWX) downgraded to Sell from Neutral at UBS WITH analyst Fatima Boolani citing valuation. 5. Altria Group (MO) and Philip Morris (PM) were downgraded to Hold from Buy at Jefferies. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/06/18
JPMS
09/06/18
NO CHANGE
JPMS
Class 8 truck orders set all-time record in August, says JPMorgan
Class 8 net orders in August were 53,100 units, up 150% year-over-year and up 1% month-over-month, setting a new all-time record, JPMorgan analyst Ann Duignan tells investors in a research note, citing ACT Research. Class 5-7 July net orders were 23,700 units, up 26% year-over-year and up 18% month-over-month, the analyst adds. She says truck orders have the largest incremental impact on Navistar (NAV), Paccar (PCAR), Cummins (CMI), Eaton (ETN) and Allison Transmission (ALSN).
09/10/18
STFL
09/10/18
NO CHANGE
Target $156
STFL
Buy
Cummins price target lowered to $156 from $172 at Stifel
Stifel analyst Michael Baudendistel acknowledges that the truck equipment industry is late in the current cycle and lowered his price target on shares of Cummins to $156 from $172 to reflect a 10x multiple on his 2019 EPS estimate of $15.60. However, he sees Cummins as an "interesting" high-quality value name that is more diversified than many give it credit for and maintains a Buy rating on the shares.
10/04/18
PIPR
10/04/18
UPGRADE
Target $188
PIPR
Overweight
Cummins upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Alexander Potter upgraded Cummins to Overweight and raised his price target for the shares to $188 from $143. The analyst says his deep-dive analysis illuminates the likelihood of upside versus consensus estimates in the coming years. Consensus estimates already capture a coming peak in Class 8 truck demand, but fail to reflect the company's margin expansion due to a mix-shift toward off-highway products, Potter tells investors in a research note. Further, he believes the "fading impact of warranty charges are also a tailwind."
ISUZY Isuzu Motors
$0.00

(0.00%)

09/07/18
JPMS
09/07/18
UPGRADE
JPMS
Overweight
Isuzu Motors upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Akira Kishimoto upgraded Isuzu Motors to Overweight with an increased price target of 2,000 yen.

TODAY'S FREE FLY STORIES

PRSP

Perspecta

$24.54

0.23 (0.95%)

08:46
08/20/19
08/20
08:46
08/20/19
08:46
Hot Stocks
Perspecta awarded contract by U.S. NIWC Pacific »

Perspecta 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

CETX

Cemtrex

$1.52

0.15 (10.95%)

08:45
08/20/19
08/20
08:45
08/20/19
08:45
Earnings
Cemtrex reports Q2 revenue $22.45M, one est. $31M »

Cemtrex's Chairman…

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

PYX

Pyxus

$14.91

0.135 (0.91%)

, INSG

Inseego

$4.11

0.07 (1.73%)

08:45
08/20/19
08/20
08:45
08/20/19
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

PYX

Pyxus

$14.91

0.135 (0.91%)

INSG

Inseego

$4.11

0.07 (1.73%)

CME

CME Group

$216.63

3.12 (1.46%)

GWW

Grainger

$275.71

6.595 (2.45%)

VFF

Village Farms

$12.84

0.12 (0.94%)

ZM

Zoom Video

$93.17

0.74 (0.80%)

MNKD

MannKind

$1.17

0.085 (7.87%)

WSM

Williams-Sonoma

$64.98

1.655 (2.61%)

PRTY

Party City

$4.78

0.07 (1.49%)

CLDR

Cloudera

$6.70

0.02 (0.30%)

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

  • 21

    Aug

  • 04

    Sep

  • 05

    Sep

  • 10

    Sep

  • 16

    Sep

  • 23

    Sep

  • 25

    Sep

  • 23

    Oct

BIEL

BioElectronics

$0.00

(0.00%)

08:43
08/20/19
08/20
08:43
08/20/19
08:43
Hot Stocks
BioElectronics files FDA 510(k) application for expanded clearance for ActiPatch »

BioElectronics…

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

ZURVY

Zurich Insurance

$0.00

(0.00%)

08:42
08/20/19
08/20
08:42
08/20/19
08:42
Upgrade
Zurich Insurance rating change  »

Zurich Insurance upgraded…

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

MSI

Motorola Solutions

$176.89

3.64 (2.10%)

08:42
08/20/19
08/20
08:42
08/20/19
08:42
Hot Stocks
Motorola Solutions patent infringement case against Hytera will proceed to trial »

Motorola Solutions…

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

  • 19

    Dec

TJX

TJX

$51.55

0.13 (0.25%)

08:41
08/20/19
08/20
08:41
08/20/19
08:41
Hot Stocks
Breaking Hot Stocks news story on TJX »

TJX down 3% or $1.55 at…

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

    Aug

08:41
08/20/19
08/20
08:41
08/20/19
08:41
Conference/Events
Cambridge Healthtech Institute to hold a summit »

11th Annual Next…

SYNC

Synacor

$1.41

(0.00%)

08:41
08/20/19
08/20
08:41
08/20/19
08:41
Hot Stocks
Synacor wins more than 300 Zimbra deals in Q2 »

Synacor 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

  • 12

    Sep

BREW

Craft Brew

$12.84

-0.76 (-5.59%)

, COST

Costco

$275.55

1.55 (0.57%)

08:40
08/20/19
08/20
08:40
08/20/19
08:40
Conference/Events
Cowen to hold a bus tour »

4th Annual Seattle…

BREW

Craft Brew

$12.84

-0.76 (-5.59%)

COST

Costco

$275.55

1.55 (0.57%)

MOD

Modine Manufacturing

$9.82

-0.275 (-2.73%)

SBUX

Starbucks

$96.64

0.13 (0.13%)

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

  • 20

    Aug

  • 03

    Oct

TBLT

ToughBuilt

$0.55

0.0105 (1.96%)

08:40
08/20/19
08/20
08:40
08/20/19
08:40
Earnings
ToughBuilt reports Q2 revenue $4.75M vs. $4.53M last year »

Michael Panosian, Chief…

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

08:40
08/20/19
08/20
08:40
08/20/19
08:40
General news
Breaking General news story  »

Week of 8/17 Redbook to…

08:39
08/20/19
08/20
08:39
08/20/19
08:39
Conference/Events
Nomura to hold a conference »

Nomura Philippines…

AMD

AMD

$31.45

0.27 (0.87%)

, CBS

CBS

$44.21

0.38 (0.87%)

08:38
08/20/19
08/20
08:38
08/20/19
08:38
Conference/Events
BMO Capital to hold a tour »

Silicon Valley Tech Tour…

AMD

AMD

$31.45

0.27 (0.87%)

CBS

CBS

$44.21

0.38 (0.87%)

CHKP

Check Point

$108.72

0.68 (0.63%)

INTC

Intel

$47.23

0.73 (1.57%)

MXIM

Maxim Integrated

$54.69

0.58 (1.07%)

NVDA

Nvidia

$170.73

11.25 (7.05%)

NXPI

NXP Semiconductors

$103.43

-0.12 (-0.12%)

SWKS

Skyworks

$77.09

0.44 (0.57%)

TEAM

Atlassian

$141.31

-1.31 (-0.92%)

TWTR

Twitter

$41.70

1.12 (2.76%)

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

    Aug

  • 20

    Aug

  • 27

    Aug

  • 28

    Aug

  • 29

    Aug

  • 04

    Sep

  • 05

    Sep

  • 09

    Sep

  • 10

    Sep

  • 24

    Sep

  • 10

    Oct

  • 15

    Oct

  • 24

    Oct

  • 12

    Dec

  • 16

    Dec

TJX

TJX

$51.55

0.13 (0.25%)

08:38
08/20/19
08/20
08:38
08/20/19
08:38
Earnings
TJX backs FY20 EPS view of $2.56-$2.61, consensus $2.62 »

This EPS outlook is based…

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

    Aug

MLND

Millendo Therapeutics

$7.26

0.33 (4.76%)

08:38
08/20/19
08/20
08:38
08/20/19
08:38
Hot Stocks
Millendo Therapeutics names Tamara Joseph general counsel, Ryan Zeidan CDO »

Millendo Therapeutics…

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

HAS

Hasbro

$114.91

0.62 (0.54%)

08:37
08/20/19
08/20
08:37
08/20/19
08:37
Hot Stocks
Hasbro to phase out plastic from new toy, game packaging by end of 2022 »

Hasbro 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

ACIW

ACI Worldwide

$29.54

0.17 (0.58%)

08:37
08/20/19
08/20
08:37
08/20/19
08:37
Recommendations
ACI Worldwide analyst commentary  »

Market wrong to conclude…

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

  • 04

    Sep

  • 27

    Oct

  • 13

    Nov

TRIB

Trinity Biotech

$1.75

0.12 (7.36%)

08:37
08/20/19
08/20
08:37
08/20/19
08:37
Hot Stocks
Trinity CEO says development of automated slide reader 'progressing well' »

Ronan O'Caoimh, CEO…

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

    Aug

TJX

TJX

$51.55

0.13 (0.25%)

08:36
08/20/19
08/20
08:36
08/20/19
08:36
Earnings
TJX sees Q3 EPS 63c-65c, consensus 68c »

This EPS outlook is based…

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

    Aug

BNED

Barnes & Noble Education

$3.28

0.08 (2.50%)

08:36
08/20/19
08/20
08:36
08/20/19
08:36
Hot Stocks
Barnes & Noble Education enters partnership with VitalSource »

Barnes & Noble…

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

    Aug

TESS

Tessco

$14.68

0.69 (4.93%)

08:35
08/20/19
08/20
08:35
08/20/19
08:35
Hot Stocks
Tessco appoints Sandip Mukerjee as CEO »

Tessco (TESS) 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

TJX

TJX

$51.55

0.13 (0.25%)

08:35
08/20/19
08/20
08:35
08/20/19
08:35
Hot Stocks
TJX reports Q2 gross margin 28.2% vs. 28.9% last year »

The company says 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

  • 20

    Aug

GIS

General Mills

$55.17

0.14 (0.25%)

08:35
08/20/19
08/20
08:35
08/20/19
08:35
Hot Stocks
General Mills CFO Don Mulligan to retire, Kofi Bruce to succeed »

General Mills 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

  • 01

    Oct

OSS

One Stop Systems

$1.76

0.09 (5.39%)

, RTN

Raytheon

$179.25

1.15 (0.65%)

08:35
08/20/19
08/20
08:35
08/20/19
08:35
Hot Stocks
One Stop Systems receives $5.5M flash array order for radar application »

One Stop Systems (OSS)…

OSS

One Stop Systems

$1.76

0.09 (5.39%)

RTN

Raytheon

$179.25

1.15 (0.65%)

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.