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AMZN

Amazon.com

$1,788.63

69.51 (4.04%)

, BABA

Alibaba

$147.80

5.77 (4.06%)

07:24
10/15/18
10/15
07:24
10/15/18
07:24

Amazon offers over $400M for Spencer's Retail stake, Business Standard reports

Amazon (AMZN) has offered more than $400M for a minority stake in India-based retailer Spencer's Retail, Business Standard reports. Amazon is eyeing a 30% stake in Spencer's, people familiar with the development say, adding that Spencer's had been in talks with "multiple" players, including Alibaba (BABA). Reference Link

AMZN

Amazon.com

$1,788.63

69.51 (4.04%)

BABA

Alibaba

$147.80

5.77 (4.06%)

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AMZN Amazon.com
$1,788.63

69.51 (4.04%)

10/12/18
TIGR
10/12/18
NO CHANGE
TIGR
Amazon pullback a buying opportunity, says Tigress Financial
Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Amazon.com, citing the company's leveraging of its retail, e-commerce, and web hosting platforms to develop new business lines and penetrate new markets. The analyst believes there is significant upside in the stock and views the recent pullback as a buying opportunity.
10/12/18
STFL
10/12/18
NO CHANGE
Target $200
STFL
Buy
Stifel replaces Alibaba with Amazon on Select List after target drop
Stifel analyst Scott Devitt removed Alibaba (BABA) from his firm's Select List and replaced it with Amazon.com (AMZN). The analyst cites an "increasingly uncertain" China macro environment and near-term optimism for Amazon for the change. He also updated his Alibaba model, which resulted in near-term revenue growth assumptions that are 300 basis points lower versus his prior forecast. However, despite the difficult China market backdrop, Devitt continues to view Alibaba as a core long-term holding. He lowered his price target for the shares to $200 from $220 while keeping a Buy rating on the name.
10/08/18
FBCO
10/08/18
NO CHANGE
FBCO
Amazon adds fire to already-challenging retail cost inflation situation, says Credit Suisse
Credit Suisse analyst Michael Binetti says that Amazon's comments that it plans to lobby the government for higher minimum wages could be a catalyst for broad-based ongoing cost inflation across the U.S. retail industry. The analyst estimates that, on average, every $1 increase in wage rates could be a 30bp drag to EBIT margins and about 4%-5% drag to annualized EPS growth for U.S. retailers. The retailers with most wage-related EPS risk have a combo of low labor costs/wage rates, closest to regional minimums today and already low margins, he contends. Further, Binetti believes that Amazon's wage raise announcement timing could mean pressure to retailers' EPS guidance as early as Q4.
10/08/18
FBCO
10/08/18
NO CHANGE
FBCO
Outperform
Global brand ranking validates Microsoft rebranding efforts, says Credit Suisse
Credit Suisse analyst Brad Zelnick notes that, among top global brands, Microsoft (MSFT) ranked fourth in global brand ranking with a brand value of $92.7B, superseded only by Amazon (AMZN), Google (GOOG; GOOGL) and Apple (AAPL). The analyst believes this validates Microsoft's rebranding efforts in the Satya era, distinguished by a more open and flexible approach to customers, rivals as well as application developers. Zelnick reiterates an Outperform rating on Microsoft shares.
BABA Alibaba
$147.80

5.77 (4.06%)

10/12/18
UBSW
10/12/18
NO CHANGE
Target $220
UBSW
Buy
Alibaba price target lowered to $220 from $230 at UBS
UBS analyst Jerry Liu lowered his price target on Alibaba to $220 from $230 and he lowered his estimates as well. The analyst revisions come as he factors in more macro weakness, but he believes the company remains well positioned against competitors and said it remains his top pick. Liu reiterated his Buy rating on Alibaba shares.
10/10/18
KEYB
10/10/18
NO CHANGE
Target $215
KEYB
Overweight
Alibaba price target lowered to $215 from $220 at KeyBanc
KeyBanc analyst Hans Chung lowered his price target for Alibaba to $215 from $220 on lower expectations for Core Commerce, with downward revisions in CM and New Retail revenue. EBITA margin is lower as a result of lower revenue and higher content cost, he notes. Despite challenges for Alibaba to meet FY19 guidance given the near-term impact from the new Taobao upgrade and uncertainty around China's macro, Chung remains constructive on the longer-term opportunity and potential in Alibaba. He reiterates an Overweight rating on the shares.
10/10/18
MSCO
10/10/18
NO CHANGE
Target $220
MSCO
Overweight
Alibaba price target lowered to $220 ahead of earnings at Morgan Stanley
Morgan Stanley analyst Grace Chen stated in a preview of Alibaba's fiscal Q2 earnings report that she expects the Chinese e-commerce giant to reports sales 3% below consensus due to softer China online retail and digital entertainment sales. Factoring in a full quarter consolidation of loss-making Ele.me, higher investments and lighter customer management and commission revenue, Chen lowered her Q2 non-GAAP EBITA forecast 6% and cut her price target on Alibaba shares to $220 from $240. However, she keeps an Overweight rating on the stock, as Chen expects Alibaba's continued investments in "new retail" to help it widen its lead over rivals despite near-term margin pressure.

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VRRM

Verra Mobility

$13.89

-0.14 (-1.00%)

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TIGR

UP Fintech

$3.90

-0.16 (-3.94%)

10:00
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10/16
10:00
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10:00
Periodicals
UP Fintech accused by GeoInvesting of 'illegal money laundering scheme' »

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MERC

Mercer

$11.20

0.03 (0.27%)

10:00
10/16/19
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Conference/Events
Mercer participates in a conference call with JPMorgan »

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AYX

Alteryx

$104.75

-7.58 (-6.75%)

10:00
10/16/19
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Hot Stocks
Alteryx falls -6.8% »

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CPS

Cooper-Standard

$33.60

-2.77 (-7.62%)

10:00
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10:00
Hot Stocks
Cooper-Standard falls -7.7% »

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AVD

American Vanguard

$13.50

-1.76 (-11.53%)

10:00
10/16/19
10/16
10:00
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10:00
Hot Stocks
American Vanguard falls -12.2% »

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OMI

Owens & Minor

$6.85

0.42 (6.53%)

10:00
10/16/19
10/16
10:00
10/16/19
10:00
Hot Stocks
Owens & Minor rises 6.2% »

Owens & Minor is up…

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TEVA

Teva

$7.41

0.45 (6.47%)

10:00
10/16/19
10/16
10:00
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10:00
Hot Stocks
Teva rises 6.3% »

Teva is up 6.3%, or 44c…

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MS

Morgan Stanley

$42.85

0.31 (0.73%)

10:00
10/16/19
10/16
10:00
10/16/19
10:00
Options
Size opening call buy in Morgan Stanley ahead of earnings »

Size opening call buy in…

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DFIN

Donnelley Financial Solutions

$11.25

0.71 (6.74%)

10:00
10/16/19
10/16
10:00
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10:00
Hot Stocks
Donnelley Financial Solutions rises 6.7% »

Donnelley Financial…

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MCK

McKesson

$145.74

7.57 (5.48%)

, ABC

AmerisourceBergen

$86.20

3.02 (3.63%)

09:55
10/16/19
10/16
09:55
10/16/19
09:55
Options
Early notable gainers among liquid option names on October 16th »

Notable gainers among…

MCK

McKesson

$145.74

7.57 (5.48%)

ABC

AmerisourceBergen

$86.20

3.02 (3.63%)

CAH

Cardinal Health

$49.72

1.79 (3.73%)

DO

Diamond Offshore

$5.62

0.13 (2.37%)

EQT

EQT Corporation

$9.89

0.25 (2.59%)

03/08/13
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GOOG

Alphabet

$1,247.70

4.17 (0.34%)

09:55
10/16/19
10/16
09:55
10/16/19
09:55
Conference/Events
House Energy & Commerce Committee to hold a hearing »

The Subcommittee on…

03/08/13
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09:55
10/16/19
10/16
09:55
10/16/19
09:55
Conference/Events
House Transportation & Intrastructure Committee to hold a hearing »

The Subcommittee on…

09:55
10/16/19
10/16
09:55
10/16/19
09:55
Conference/Events
House Financial Services Committee to hold a hearing »

The Committee holds a…

09:55
10/16/19
10/16
09:55
10/16/19
09:55
Conference/Events
The U.S. Commodity Futures Trading Commission to hold a meeting »

The CFTC discusses the…

HTHT

Huazhu Group

$33.91

-0.15 (-0.44%)

09:54
10/16/19
10/16
09:54
10/16/19
09:54
Downgrade
Huazhu Group rating change  »

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FLS

Flowserve

$45.77

-0.07 (-0.15%)

09:52
10/16/19
10/16
09:52
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09:52
Periodicals
Flowserve seen as potential activist target by Dealreporter »

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09:50
10/16/19
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09:50
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General news
U.S. business inventories preview: »

U.S. business inventories…

ABT

Abbott

$80.99

-1.07 (-1.30%)

09:49
10/16/19
10/16
09:49
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09:49
Hot Stocks
Abbott says focused on organic execution »

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MCK

McKesson

$144.00

5.83 (4.22%)

09:47
10/16/19
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09:47
Hot Stocks
McKesson rises 4.1% »

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DFIN

Donnelley Financial Solutions

$11.05

0.51 (4.84%)

09:47
10/16/19
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09:47
Hot Stocks
Donnelley Financial Solutions rises 5.1% »

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USB

U.S. Bancorp

$54.43

0.7 (1.30%)

09:47
10/16/19
10/16
09:47
10/16/19
09:47
Hot Stocks
Breaking Hot Stocks news story on U.S. Bancorp »

U.S. Bancorp sees 2020 as…

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MFGP

Micro Focus

$14.53

0.64 (4.61%)

09:47
10/16/19
10/16
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10/16/19
09:47
Hot Stocks
Micro Focus rises 5.1% »

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09:45
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09:45
General news
Business Inventories to be reported at 10:00 »

August Business…

09:45
10/16/19
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09:45
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09:45
General news
Housing Market Index to be reported at 10:00 »

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