Breaking News Instant updates and real-time market news.

WAGE

WageWorks

$41.55

0.42 (1.02%)

16:42
10/15/18
10/15
16:42
10/15/18
16:42

WageWorks appoints Ismail Dawood as CFO

The board of WageWorks approved the appointment of Ismail Dawood as the CFO of the company, effective as of October 15. Dawood has served as the Interim CFO and principal financial officer of the company since April 9.

WAGE WageWorks
$41.55

0.42 (1.02%)

09/13/18
JMPS
09/13/18
DOWNGRADE
JMPS
Market Perform
WageWorks downgraded to Market Perform from Outperform at JMP Securities
09/13/18
RHCO
09/13/18
NO CHANGE
Target $56
RHCO
Buy
WageWorks price target lowered to $56 from $62 at SunTrust
SunTrust analyst Tobey Sommer lowered his price target on WageWorks to $56 after the company offered a FY18 guidance yesterday calling for revenue growth of 1%-4%, which is below the 7% assumed by consensus. The analyst further notes that WageWorks' continued delays in filing its financials is "disappointing". Sommer keeps his Buy rating however, stating that the company's client attrition should slow given that the company has not "completed an acquisition since 2017".
09/13/18
09/13/18
DOWNGRADE

Market Perform
JMP downgrades WageWorks to Market Perform after guidance disappoints
As previously reported, JMP Securities analyst David Scharf downgraded WageWorks to Market Perform from Outperform after the company disclosed the departure of Executive Chairman Joe Jackson and issued 2018 revenue guidance that fell "materially below" his expectations. After talking to management, he is uncertain whether a contributing factor to the year-over-year revenue decline in the FSA and Cobra products will be recurring to some extent, Scharf tells investors. His neutral bias takes into account the expected selloff in the shares today, the analyst noted.
09/13/18
09/13/18
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. Wayfair (W) downgraded to Neutral from Buy at BofA/Merrill with analyst Askshay Bhatia saying he believes growth is likely to decelerate ahead and sees increasing investments into 2019, combine with shares hat are up 86% year-to-date, leaving little room for further upside. 2. WageWorks (WAGE) downgraded to Market Perform from Outperform at JMP Securities with analyst David Scharf saying after the company disclosed the departure of Executive Chairman Joe Jackson and issued 2018 revenue guidance that fell "materially below" his expectations. 3. Finisar (FNSR) and Ciena (CIEN) were downgraded to Equal Weight from Overweight at Morgan Stanley. 4. Hologic (HOLX) downgraded to Neutral from Buy at BofA/Merrill with analyst Derik de Bruin citing last night's 8-K filing updating the impact from the Vitalia recall and now expects a $15M hit and lowered sales of MonaLisa Touch. 5. Wabco (WBC) downgraded to Neutral from Outperform at Baird with analyst David Leiker citing management's lowered guidance for the second half on accelerating declines in China and lower Russia/Turkey volumes due to geopolitical tensions. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

CVON

ConvergeOne

$12.50

0.04 (0.32%)

06:19
12/11/18
12/11
06:19
12/11/18
06:19
Hot Stocks
ConvergeOne to acquire solutions integrator VT Consolidated »

ConvergeOne 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

  • 13

    Dec

  • 19

    Dec

  • 20

    Dec

YRCW

YRC Worldwide

$4.96

-0.16 (-3.13%)

06:18
12/11/18
12/11
06:18
12/11/18
06:18
Recommendations
YRC Worldwide analyst commentary  »

YRC Worldwide price…

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

STKL

SunOpta

$4.49

-0.09 (-1.97%)

06:17
12/11/18
12/11
06:17
12/11/18
06:17
Conference/Events
SunOpta management to meet with William Blair »

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

  • 11

    Dec

ASR

Asur

$142.35

2.27 (1.62%)

06:16
12/11/18
12/11
06:16
12/11/18
06:16
Upgrade
Asur rating change  »

Asur upgraded to Neutral…

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

VSLR

Vivint Solar

$5.28

0.05 (0.96%)

06:16
12/11/18
12/11
06:16
12/11/18
06:16
Conference/Events
Vivint Solar management to meet with JMP Securities »

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

  • 11

    Dec

DBX

Dropbox

06:15
12/11/18
12/11
06:15
12/11/18
06:15
Initiation
Dropbox initiated  »

Dropbox initiated with an…

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

ZNGA

Zynga

$3.68

0.07 (1.94%)

06:15
12/11/18
12/11
06:15
12/11/18
06:15
Upgrade
Zynga rating change  »

Zynga upgraded 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

VPG

Vishay Precision

$30.59

0.74 (2.48%)

06:14
12/11/18
12/11
06:14
12/11/18
06:14
Conference/Events
Vishay Precision management to meet with Sidoti »

Meeting to be held in 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

  • 11

    Dec

BOX

Box

$18.60

0.42 (2.31%)

06:14
12/11/18
12/11
06:14
12/11/18
06:14
Initiation
Box initiated  »

Box initiated with an…

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

SFIX

Stitch Fix

$25.92

-0.42 (-1.59%)

06:14
12/11/18
12/11
06:14
12/11/18
06:14
Recommendations
Stitch Fix analyst commentary  »

Stitch Fix price target…

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

AVVIY

Aviva

$0.00

(0.00%)

06:13
12/11/18
12/11
06:13
12/11/18
06:13
Upgrade
Aviva rating change  »

Aviva upgraded to Top…

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

VALE

Vale

$12.86

-0.275 (-2.09%)

06:12
12/11/18
12/11
06:12
12/11/18
06:12
Upgrade
Vale rating change  »

Vale upgraded 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

HYMTF

Hyundai Motor

$0.00

(0.00%)

06:11
12/11/18
12/11
06:11
12/11/18
06:11
Periodicals
Hyundai Motor's two R&D vice chairmen offer to step down, Reuters reports »

Hyundai Motor's two…

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

MO

Altria Group

$53.35

-0.83 (-1.53%)

, CRON

Cronos Group

$12.88

0.16 (1.26%)

06:11
12/11/18
12/11
06:11
12/11/18
06:11
Recommendations
Altria Group, Cronos Group, Philip Morris analyst commentary  »

Altria could partner with…

MO

Altria Group

$53.35

-0.83 (-1.53%)

CRON

Cronos Group

$12.88

0.16 (1.26%)

PM

Philip Morris

$84.20

-0.36 (-0.43%)

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

EQNR

Equinor

$22.94

-0.24 (-1.04%)

06:09
12/11/18
12/11
06:09
12/11/18
06:09
Downgrade
Equinor rating change  »

Equinor downgraded 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

DIS

Disney

$111.84

-0.16 (-0.14%)

, FOX

21st Century Fox

$49.03

0.04 (0.08%)

06:08
12/11/18
12/11
06:08
12/11/18
06:08
Periodicals
Disney to split up Fox's regional sports networks to sell, NY Post reports »

Disney (DIS) is planning…

DIS

Disney

$111.84

-0.16 (-0.14%)

FOX

21st Century Fox

$49.03

0.04 (0.08%)

FOXA

21st Century Fox

$49.35

0.09 (0.18%)

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

CTSH

Cognizant

$67.07

-0.94 (-1.38%)

06:08
12/11/18
12/11
06:08
12/11/18
06:08
Hot Stocks
Cognizant to acquire Mustache creative content agency »

Cognizant announced it is…

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

UIS

Unisys

$13.04

0.29 (2.27%)

06:08
12/11/18
12/11
06:08
12/11/18
06:08
Conference/Events
Unisys 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

  • 11

    Dec

RGA

Reinsurance Group

$137.72

-1.84 (-1.32%)

06:08
12/11/18
12/11
06:08
12/11/18
06:08
Upgrade
Reinsurance Group rating change  »

Reinsurance Group…

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

PFG

Principal Financial

$42.93

-1.52 (-3.42%)

06:08
12/11/18
12/11
06:08
12/11/18
06:08
Downgrade
Principal Financial rating change  »

Principal Financial…

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

TRV

Travelers

$123.04

-0.52 (-0.42%)

06:08
12/11/18
12/11
06:08
12/11/18
06:08
Downgrade
Travelers rating change  »

Travelers downgraded 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

  • 13

    Dec

CRM

Salesforce

$137.29

1.31 (0.96%)

06:07
12/11/18
12/11
06:07
12/11/18
06:07
Hot Stocks
Salesforce names Paula Goldman as first Chief Ethical and Humane Use Officer »

Salesforce announced on…

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

    Dec

  • 19

    Dec

  • 20

    Dec

  • 03

    Mar

CRS

Carpenter Technology

$39.05

-0.86 (-2.15%)

06:07
12/11/18
12/11
06:07
12/11/18
06:07
Upgrade
Carpenter Technology rating change  »

Carpenter Technology…

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

TOT

Total

$54.13

-0.345 (-0.63%)

06:07
12/11/18
12/11
06:07
12/11/18
06:07
Upgrade
Total rating change  »

Total upgraded to Buy…

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

TTEK

Tetra Tech

$53.88

-0.73 (-1.34%)

06:07
12/11/18
12/11
06:07
12/11/18
06:07
Conference/Events
Tetra Tech management to meet with Sidoti »

Meeting to be held 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

    Dec

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.