Breaking News Instant updates and real-time market news.

BILI

Bilibili

$11.88

-1.08 (-8.33%)

, TCEHY

Tencent

$0.00

(0.00%)

08:42
10/25/18
10/25
08:42
10/25/18
08:42

Bilibili, Tencent partner to broaden anime and games content for Gen Z platform

Bilibili Inc. (BILI) and Tencent Holdings (TCEHY) announced that they have entered into a strategic collaboration agreement for sharing and operating existing and additional anime and games on Bilibili's leading online entertainment platform for young generations in China. Under the Agreement, Bilibili and Tencent will participate in the exchange and purchase of existing anime copyright, and jointly procure, produce and invest in anime projects, as well as seek investment opportunities in the animation and comic industry. In addition, Bilibili will expand its cooperation with Tencent by jointly operating more Tencent games on Bilibili's platform. The Agreement follows a previously announced investment by Tencent of approximately $317.6M in cash in Bilibili, bringing Tencent's ownership to approximately 12% of Bilibili's total issued shares.

BILI

Bilibili

$11.88

-1.08 (-8.33%)

TCEHY

Tencent

$0.00

(0.00%)

BILI Bilibili
$11.88

-1.08 (-8.33%)

05/07/18
JPMS
05/07/18
INITIATION
Target $14
JPMS
Overweight
Bilibili initiated with an Overweight at JPMorgan
JPMorgan analyst Alex Yao started Bilibili with an Overweight rating and $14 price target. The company is an "undisputed vertical leader" among video content platforms targeting Generation Z, with "unique social features and rich content library" in animation, comics and gaming, Yao tells investors in a research note. He believes Bilibili's "multifaceted" revenue models are at the early development stage.
05/07/18
05/07/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Amazon.com (AMZN) initiated with an Outperform at Telsey Advisory. 2. Zuora (ZUO) initiated with a Buy at Needham and Jefferies, an Equal Weight at Morgan Stanley, and a Neutral at Goldman Sachs. 3. Bilibili (BILI) initiated with an Overweight at JPMorgan. 4. Cloudera (CLDR) initiated with a Buy at Craig-Hallum. 5. Scynexis (SCYX) assumed with a Buy at H.C. Wainwright. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/24/18
MSCO
09/24/18
DOWNGRADE
MSCO
Equal Weight
Bilibili downgraded to Equal Weight from Overweight at Morgan Stanley
09/24/18
09/24/18
DOWNGRADE
Target $11

Equal Weight
Morgan Stanley downgrades Bilibili to Equal Weight after pushing out profit view
As previously reported, Morgan Stanley analyst Alex Poon downgraded Bilibili to Equal Weight from Overweight, telling investors that he thinks the company's transformation from a game-centric company to a profitable social platform is still in its early stages. Given that its investments are outpacing revenue growth, Poon does not expect operating profit to turn positive until 2020, he stated. While he remains positive on the long-term story, the valuation of Bilibili shares "appears full," added Poon, who lowered his price target on the stock to $11 from $13.50.
TCEHY Tencent
$0.00

(0.00%)

08/16/18
JEFF
08/16/18
NO CHANGE
Target $90
JEFF
Buy
China approval freeze creates buying opportunity in Activision, says Jefferies
Jefferies analyst Timothy O'Shea said he views China having frozen mobile game approvals as a temporary problem and "mostly a non-issue" as only the monetization approval process has been frozen, not the content approval process, and he note administrators are already implementing a fast-track approval process to alleviate the problem. Activision Blizzard's (ATVI) upcoming Call of Duty mobile game was expected to launch in China this year, but O'Shea said this is a smaller game that is not in his estimates, adding that Tencent (TCEHY) gets 70% of the revenue under its deal for the game. Activision has a pipeline of new mobile games coming that he would still expect to launch in China over time and O'Shea sees the 15% pullback in the game maker's shares in the last month as a buying opportunity, he tells investors. He maintains a Buy rating and $90 price target on Activision Blizzard shares.
08/20/18
NOMU
08/20/18
NO CHANGE
NOMU
Buy
China watchdogs said to likely restart game reviews soon, says Nomura Instinet
Nomura Instinet analyst Jialong Shi noted that over the weekend posts on Weibo said China's online game watchdogs will likely restart game reviews as early as September, adding that a few of his online gaming contacts have also heard lately from relevant watchdogs that the review of new games should restart soon. If game reviews do resume in September, Tencent's (TCEHY) PUBG Mobile and Fortnite are likely to receive licenses for monetization in Q4 at the earliest, said Shi, who believes Tencent and NetEase (NTES) would benefit from improved sentiment and outlooks if Chinese regulators restart reviews.
08/22/18
LEHM
08/22/18
NO CHANGE
Target $55
LEHM
Overweight
Tencent price target lowered to $55 from $59 at Barclays
Barclays analyst Gregory Zhao lowered his price target for Tencent Holdings to $55 following the company's Q2 results to reflect the impact from monetization approval delay to mobile gaming revenue as well as the negative efforts to interest revenue due to the deposit rate increase. The analyst keeps an Overweight rating on the shares.
09/13/18
GSCO
09/13/18
INITIATION
Target $31.9
GSCO
Buy
Pinduoduo initiated with a Buy at Goldman Sachs
Goldman Sachs analyst Piyush Mubayi started Pinduoduo (PDD) with a Buy rating and $31.90 price target, identifying it as the "fastest-growing internet company in the world" in terms of revenue growth. He sees Pinduoduo being well positioned to benefit from continuous growth of China e-commerce based on its popular app and Tencent's (TCEHY) social networks.

TODAY'S FREE FLY STORIES

08:50
05/22/19
05/22
08:50
05/22/19
08:50
Conference/Events
House Financial Services Committee to hold a hearing »

The Committee holds a…

PSTG

Pure Storage

$20.60

0.6 (3.00%)

08:50
05/22/19
05/22
08:50
05/22/19
08:50
Recommendations
Pure Storage analyst commentary at Lake Street »

Pure Storage remains a…

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

  • 05

    Jun

  • 20

    Jun

  • 09

    Jul

URBN

Urban Outfitters

$27.01

0.05 (0.19%)

08:47
05/22/19
05/22
08:47
05/22/19
08:47
Recommendations
Urban Outfitters analyst commentary at MKM Partners »

Urban Outfitters 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

  • 04

    Jun

  • 20

    Aug

JPM

JPMorgan

$111.74

0.43 (0.39%)

08:46
05/22/19
05/22
08:46
05/22/19
08:46
Conference/Events
Washington Association of Money Managers to hold a meeting »

JPMorgan Managing…

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

    May

  • 29

    May

  • 03

    Jun

  • 11

    Jun

  • 16

    Jul

08:45
05/22/19
05/22
08:45
05/22/19
08:45
Conference/Events
Federal Reserve Bank of New York president delivers opening remarks »

New York Federal Reserve…

NVAX

Novavax

$6.26

0.21 (3.47%)

, AKRX

Akorn

$4.41

0.215 (5.13%)

08:45
05/22/19
05/22
08:45
05/22/19
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

NVAX

Novavax

$6.26

0.21 (3.47%)

AKRX

Akorn

$4.41

0.215 (5.13%)

UVXY

ProShares Trust Ultra VIX Short Term Futures ETF

$34.65

-2.64 (-7.08%)

AVP

Avon Products

$3.20

0.06 (1.91%)

MAXR

Maxar Technologies

$6.95

-0.525 (-7.03%)

JMIA

Jumia Technologies

$23.30

2.83 (13.83%)

BP

BP

$42.75

0.15 (0.35%)

BE

Bloom Energy

$12.27

0.58 (4.96%)

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

    May

CLGN

CollPlant

$5.10

(0.00%)

, UTHR

United Therapeutics

$88.74

0.85 (0.97%)

08:44
05/22/19
05/22
08:44
05/22/19
08:44
Hot Stocks
CollPlant launches new HQ and R&D center in Israel »

CollPlant (CLGN) has…

CLGN

CollPlant

$5.10

(0.00%)

UTHR

United Therapeutics

$88.74

0.85 (0.97%)

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

  • 31

    May

08:42
05/22/19
05/22
08:42
05/22/19
08:42
Conference/Events
Cowen to hold a summit »

Toronto Cannabis Summit…

GLNG

Golar LNG

$20.46

1.38 (7.23%)

08:42
05/22/19
05/22
08:42
05/22/19
08:42
Hot Stocks
Golar LNG to pursue spinoff of Trifuel Diesel Electric LNG carrier business »

Golar LNG 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

BPOP

Popular

$55.29

0.01 (0.02%)

, FBP

First BanCorp

$10.44

0.03 (0.29%)

08:41
05/22/19
05/22
08:41
05/22/19
08:41
Conference/Events
Sandler O'Neill to hold a field trip »

Puerto Rico Bank Trip…

BPOP

Popular

$55.29

0.01 (0.02%)

FBP

First BanCorp

$10.44

0.03 (0.29%)

OFG

OFG Bancorp

$19.69

0.27 (1.39%)

EVTC

Evertec

$28.19

0.285 (1.02%)

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

    May

  • 11

    Jun

F

Ford

$10.24

-0.04 (-0.39%)

, GM

General Motors

$37.13

0.15 (0.41%)

08:40
05/22/19
05/22
08:40
05/22/19
08:40
Conference/Events
RBC Capital to hold a field trip »

Motown Motorcade travels…

F

Ford

$10.24

-0.04 (-0.39%)

GM

General Motors

$37.13

0.15 (0.41%)

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

    May

  • 04

    Jun

  • 05

    Jun

  • 24

    Jul

  • 01

    Aug

  • 23

    Oct

QRVO

Qorvo

$61.53

0.23 (0.38%)

08:38
05/22/19
05/22
08:38
05/22/19
08:38
Recommendations
Qorvo analyst commentary at Craig-Hallum »

Qorvo 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

CXO

Concho Resources

$115.59

3.26 (2.90%)

, FANG

Diamondback Energy

$113.82

4.18 (3.81%)

08:38
05/22/19
05/22
08:38
05/22/19
08:38
Conference/Events
Jefferies to hold a bus tour »

Midland Energy Bus Tour…

CXO

Concho Resources

$115.59

3.26 (2.90%)

FANG

Diamondback Energy

$113.82

4.18 (3.81%)

PDCE

PDC Energy

$36.27

0.56 (1.57%)

REI

Ring Energy

$4.31

-0.09 (-2.05%)

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

    May

  • 29

    May

  • 06

    Jun

UPS

UPS

$99.40

0.89 (0.90%)

, CLNE

Clean Energy

$2.77

-0.02 (-0.72%)

08:37
05/22/19
05/22
08:37
05/22/19
08:37
Hot Stocks
UPS to purchase 170M gallon equivalents of RNG from Clean Energy through 2026 »

UPS (UPS) announced an…

UPS

UPS

$99.40

0.89 (0.90%)

CLNE

Clean Energy

$2.77

-0.02 (-0.72%)

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

    May

  • 28

    May

  • 05

    Jun

  • 24

    Jul

ONCS

OncoSec

$3.95

0.149 (3.92%)

08:36
05/22/19
05/22
08:36
05/22/19
08:36
Hot Stocks
OncoSec reports interim data from Keynote-890 study of breast cancer combination »

OncoSec announced interim…

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

    May

VNO

Vornado

08:36
05/22/19
05/22
08:36
05/22/19
08:36
Recommendations
Vornado analyst commentary  »

Vornado 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

  • 30

    Jul

DY

Dycom

$57.05

11.38 (24.92%)

08:36
05/22/19
05/22
08:36
05/22/19
08:36
Recommendations
Dycom analyst commentary  »

Dycom price target raised…

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

    Jun

  • 19

    Jun

AAPL

Apple

$186.58

3.52 (1.92%)

08:34
05/22/19
05/22
08:34
05/22/19
08:34
Hot Stocks
Apple pledges clearer information on iPhone performance, CMA says »

Apple has committed to be…

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

  • 03

    Jun

GDOT

Green Dot

$47.96

0.02 (0.04%)

08:34
05/22/19
05/22
08:34
05/22/19
08:34
Hot Stocks
Green Dot enters $100M accelerated stock repurchase program »

Upon receiving regulatory…

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

  • 23

    May

  • 05

    Jun

QCOM

Qualcomm

$77.78

1.17 (1.53%)

08:33
05/22/19
05/22
08:33
05/22/19
08:33
Hot Stocks
Qualcomm 'strongly disagrees' with ruling in FTC case, will seek immediate stay »

Qualcomm 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

  • 31

    Jul

KDP

Keurig Dr Pepper

$29.08

-0.075 (-0.26%)

08:32
05/22/19
05/22
08:32
05/22/19
08:32
Hot Stocks
Keurig Dr Pepper announces resignation of Chief Human Resources Officer »

Meg Newman, KDP 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

  • 07

    Jun

TGT

Target

$72.05

-0.05 (-0.07%)

08:31
05/22/19
05/22
08:31
05/22/19
08:31
Hot Stocks
Breaking Hot Stocks news story on Target »

Target sees Q2 comp…

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

    May

  • 22

    May

  • 12

    Jun

AVP

Avon Products

$3.20

0.06 (1.91%)

08:30
05/22/19
05/22
08:30
05/22/19
08:30
Hot Stocks
Natura confirms 'advanced' talks for all-share merger with Avon Products »

Natura Cosmeticos S.A.,…

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

AMC

AMC Entertainment

$13.20

0.18 (1.38%)

, CUBI

Customers Bancorp

$21.04

0.25 (1.20%)

08:29
05/22/19
05/22
08:29
05/22/19
08:29
Conference/Events
B. Riley FBR to hold a conference »

20th Annual Institutional…

AMC

AMC Entertainment

$13.20

0.18 (1.38%)

CUBI

Customers Bancorp

$21.04

0.25 (1.20%)

ACST

Acasti Pharma

$0.90

0.02 (2.27%)

MAMS

MAM Software

$8.90

0.07 (0.79%)

BW

Babcock & Wilcox

$0.43

-0.003 (-0.69%)

HL

Hecla Mining

$1.46

0.05 (3.56%)

FBIO

Fortress Biotech

$1.93

0.02 (1.05%)

HIIQ

Health Insurance Innovations

$26.31

1.4 (5.62%)

NG

NovaGold

$3.84

0.02 (0.52%)

MNOV

MediciNova

$10.98

0.37 (3.49%)

IMI

Intermolecular

$1.18

0.005 (0.43%)

CHMI

Cherry Hill Mortgage

$17.30

0.18 (1.05%)

ARC

ARC Document

$2.14

0.06 (2.88%)

CARB

Carbonite

$25.75

0.28 (1.10%)

BHR

Braemar Hotels & Resorts

$12.31

(0.00%)

CTG

Computer Task Group

$4.44

-0.06 (-1.33%)

CSWC

Capital Southwest

$22.31

-0.02 (-0.09%)

NLS

Nautilus

$3.18

-0.06 (-1.85%)

INSW

International Seaways

$19.69

-0.09 (-0.46%)

FNV

Franco-Nevada

$75.94

0.02 (0.03%)

DLA

Delta Apparel

$21.53

-0.03 (-0.14%)

LOV

Spark Networks

$13.20

-0.1 (-0.75%)

MOTS

Motus GI Holdings

$3.73

-0.15 (-3.87%)

PDFS

PDF Solutions

$12.40

0.17 (1.39%)

ELY

Callaway Golf

$14.85

-0.17 (-1.13%)

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

  • 22

    May

  • 28

    May

  • 28

    May

  • 30

    May

  • 30

    May

  • 04

    Jun

  • 04

    Jun

  • 05

    Jun

  • 10

    Jun

  • 12

    Jun

  • 12

    Jun

  • 13

    Jun

  • 14

    Jun

  • 18

    Jun

  • 24

    Jun

  • 01

    Aug

  • 07

    Aug

  • 24

    Oct

SNE

Sony

$51.01

-1.195 (-2.29%)

08:27
05/22/19
05/22
08:27
05/22/19
08:27
Periodicals
Sony CEO calls smartphone business 'indispensable' to portfolio, Reuters reports »

Sony CEO Kenichiro…

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

  • 10

    Jun

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.