Breaking News Instant updates and real-time market news.

NYT

New York Times

$26.40

-1.6 (-5.71%)

12:35
11/06/18
11/06
12:35
11/06/18
12:35

New York Times put volume heavy and directionally bearish

Bearish flow noted in New York Times with 1,199 puts trading, or 2.0x expected. Most active are Jan-19 24 puts and Apr-19 21 puts, with total volume in those strikes near 940 contracts. The Put/Call Ratio is 9.08, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 7th.

NYT New York Times
$26.40

-1.6 (-5.71%)

11/01/18
JPMS
11/01/18
NO CHANGE
JPMS
Overweight
JPMorgan 'extremely encouraged' by New York Times results
JPMorgan analyst Alexia Quadrani notes that New York Times reported Q3 earnings with revenue, adjusted operating profit, and EPS all ahead of consensus and her estimates. Most notably, the analyst pointed out that digital subscriber net adds in the quarter were 203k compared to her 130k estimate, with the core news product adding 143k and digital other adding 60k. The 143k net adds for news compares to 68k in Q2, and is the best quarter for the company since the Trump bump driven Q1 of 2017, Quadrani contended. Overall, the analyst is "extremely encouraged" by these results and sees momentum continuing on digital subscriber additions helped by the current elevated news cycle and the midterm elections. Quadrani has an Outperform rating on the shares.
11/06/18
LEHM
11/06/18
DOWNGRADE
Target $18
LEHM
Underweight
New York Times downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Kannan Venkateshwar downgraded New York Times to Underweight and lowered his price target for the shares to $18 from $20.
11/06/18
LEHM
11/06/18
DOWNGRADE
Target $18
LEHM
Underweight
Barclays downgrades New York Times to Underweight on valuation
Barclays analyst Kannan Venkateshwar downgraded New York Times (NYT) to Underweight from Equal Weight and lowered his price target for the shares to $18 from $20. The stock is up 50% this year, right between Amazon's (AMZN) 40% rally and Netflix's (NFLX) 64%, Venkateshwar tells investors in a research note. New York Times investors appear to have transitioned to a valuation framework based on digital net adds rather than earnings, says the analyst. However, he believes this valuation transition "is too premature and could force suboptimal choices on management." Venkateshwar says the valuation is "ahead of the story."
11/06/18
11/06/18
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. Hormel Foods (HRL) downgraded to Sell on valuation, cautious outlook at Vertical Group with analyst Heather Jones citing valuation. 2. Valvoline (VVV) downgraded to Underperform from Buy at BofA/Merrill with analyst Olivia Tong citing the Q4 miss and guidance. 3. Gladstone Capital (GLAD) downgraded to Sell from Neutral at National Securities with the firm citing the $50M Notes offering and portfolio company bankruptcy. 4. Western Union (WU) downgraded to Market Perform from Outperform at Wells Fargo with analyst Timothy Willi saying he views the company's Q3 results as "mixed" and says he struggles to see the catalyst for acceleration in the fundamentals that will move the shares higher. 5. New York Times (NYT) downgraded to Underweight from Equal Weight at Barclays with analyst Kannan Venkateshwar citing valuation. 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

LITE

Lumentum

$39.50

-16.45 (-29.40%)

, AAPL

Apple

$195.96

-8.35 (-4.09%)

12:57
11/12/18
11/12
12:57
11/12/18
12:57
Recommendations
Lumentum, Apple analyst commentary  »

Craig-Hallum cuts…

LITE

Lumentum

$39.50

-16.45 (-29.40%)

AAPL

Apple

$195.96

-8.35 (-4.09%)

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

    Nov

HD

Home Depot

$183.19

-2.85 (-1.53%)

, TSN

Tyson Foods

$61.79

-0.3 (-0.48%)

12:52
11/12/18
11/12
12:52
11/12/18
12:52
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

HD

Home Depot

$183.19

-2.85 (-1.53%)

TSN

Tyson Foods

$61.79

-0.3 (-0.48%)

AAP

Advance Auto Parts

$168.30

-2.88 (-1.68%)

ARMK

Aramark

$35.10

-0.49 (-1.38%)

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

    Nov

  • 13

    Nov

  • 13

    Nov

  • 13

    Nov

  • 03

    Mar

DF

Dean Foods

$6.10

0.12 (2.01%)

12:50
11/12/18
11/12
12:50
11/12/18
12:50
Options
Dean Foods draws call buying after volatility in shares last week »

Dean Foods draws call…

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

    Nov

AGR

Avangrid

$49.35

0.43 (0.88%)

, UNH

UnitedHealth

$273.75

-2.93 (-1.06%)

12:45
11/12/18
11/12
12:45
11/12/18
12:45
Hot Stocks
Avangrid names Peter Church chief HR officer »

Avangrid (AGR) announced…

AGR

Avangrid

$49.35

0.43 (0.88%)

UNH

UnitedHealth

$273.75

-2.93 (-1.06%)

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

    Nov

  • 12

    Nov

RIG

Transocean

$10.17

-0.36 (-3.42%)

12:40
11/12/18
11/12
12:40
11/12/18
12:40
Options
Transocean puts active as shares slip »

Transocean puts active as…

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

BX

Blackstone

$33.40

-0.59 (-1.74%)

12:35
11/12/18
11/12
12:35
11/12/18
12:35
Options
Blackstone put volume heavy and directionally bearish »

Bearish flow noted 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

ATHN

Athenahealth

$132.00

11.63 (9.66%)

12:26
11/12/18
11/12
12:26
11/12/18
12:26
Downgrade
Athenahealth rating change  »

Athenahealth downgraded…

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

USO

United States Oil Fund

$12.90

0.205 (1.61%)

12:20
11/12/18
11/12
12:20
11/12/18
12:20
Options
Vote of confidence in US Oil Fund as shares tick higher »

Vote of confidence in US…

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

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
11/12/18
11/12
12:17
11/12/18
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
11/12/18
11/12
12:16
11/12/18
12:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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

DB

Deutsche Bank

$9.80

-0.315 (-3.11%)

12:15
11/12/18
11/12
12:15
11/12/18
12:15
Options
Deutsche Bank put volume heavy and directionally bearish »

Bearish flow noted 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

C

Citi

$64.55

-1.18 (-1.80%)

12:13
11/12/18
11/12
12:13
11/12/18
12:13
Periodicals
Citi seeks bigger Paris office ahead of Brexit, FT reports »

Citigroup is eyeing 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

  • 14

    Nov

  • 14

    Nov

  • 14

    Jan

  • 15

    Apr

  • 13

    Jul

CSLT

Castlight Health

$2.68

-0.01 (-0.37%)

12:11
11/12/18
11/12
12:11
11/12/18
12:11
Conference/Events
Castlight Health management to meet with William Blair »

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

  • 13

    Nov

  • 14

    Nov

  • 27

    Nov

AAPL

Apple

$195.42

-8.89 (-4.35%)

, LITE

Lumentum

$38.36

-17.59 (-31.44%)

12:09
11/12/18
11/12
12:09
11/12/18
12:09
OnTheFly
Fly Intel: Wall Street's top stories at midday »

Stocks opened in negative…

AAPL

Apple

$195.42

-8.89 (-4.35%)

LITE

Lumentum

$38.36

-17.59 (-31.44%)

BABA

Alibaba

$142.11

-2.75 (-1.90%)

PCG

PG&E

$33.72

-6.17 (-15.47%)

EIX

Edison International

$55.03

-5.96 (-9.77%)

SAP

SAP

$101.49

-6.84 (-6.31%)

ATHN

Athenahealth

$132.04

11.67 (9.70%)

APTI

Apptio

$37.60

12.76 (51.37%)

OPK

Opko Health

$3.70

0.595 (19.16%)

BTI

British American Tobacco

$38.56

-3.18 (-7.62%)

GNC

GNC Holdings

$3.36

-0.87 (-20.57%)

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

  • 12

    Nov

  • 12

    Nov

  • 12

    Nov

  • 12

    Nov

  • 12

    Nov

  • 12

    Nov

  • 13

    Nov

  • 14

    Nov

  • 15

    Nov

  • 26

    Nov

PHG

Philips

$37.67

-0.58 (-1.52%)

12:04
11/12/18
11/12
12:04
11/12/18
12:04
Hot Stocks
Philips announces first U.S. patient enrolled in ILLUMENATE BTK IDE study »

Royal Philips 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

  • 12

    Nov

MSI

Motorola Solutions

$127.46

-2.24 (-1.73%)

, MSFT

Microsoft

$106.99

-2.55 (-2.33%)

12:02
11/12/18
11/12
12:02
11/12/18
12:02
Hot Stocks
Motorola Solutions selects Microsoft Azure Government cloud for Command »

Motorola Solutions (MSI)…

MSI

Motorola Solutions

$127.46

-2.24 (-1.73%)

MSFT

Microsoft

$106.99

-2.55 (-2.33%)

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

    Nov

  • 12

    Nov

  • 13

    Nov

  • 26

    Nov

  • 28

    Nov

  • 03

    Mar

NAV

Navistar

$29.95

-0.34 (-1.12%)

, CMI

Cummins

$144.61

1.51 (1.06%)

12:01
11/12/18
11/12
12:01
11/12/18
12:01
Periodicals
EPA seeks to 'significantly' cut nitrogen oxide from heavy trucks, Reuters says »

The EPA on Monday intends…

NAV

Navistar

$29.95

-0.34 (-1.12%)

CMI

Cummins

$144.61

1.51 (1.06%)

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

  • 29

    Nov

  • 30

    Nov

EAF

GrafTech

$14.22

-1.86 (-11.57%)

12:00
11/12/18
11/12
12:00
11/12/18
12:00
Hot Stocks
GrafTech falls -11.6% »

GrafTech is down -11.6%,…

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

PCG

PG&E

$33.59

-6.3 (-15.79%)

12:00
11/12/18
11/12
12:00
11/12/18
12:00
Hot Stocks
PG&E falls -15.8% »

PG&E is down -15.8%,…

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

    Nov

  • 12

    Nov

GNC

GNC Holdings

$3.39

-0.845 (-19.98%)

12:00
11/12/18
11/12
12:00
11/12/18
12:00
Hot Stocks
GNC Holdings falls -19.8% »

GNC Holdings is down…

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

UVXY

ProShares Trust Ultra VIX Short Term Futures ETF

$54.60

4.55 (9.09%)

12:00
11/12/18
11/12
12:00
11/12/18
12:00
Hot Stocks
ProShares Trust Ultra VIX Short Term Futures ETF rises 9.2% »

ProShares Trust Ultra VIX…

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

LABD

Daily S&P Biotech Bear 3x Shares

$39.51

4.09 (11.55%)

12:00
11/12/18
11/12
12:00
11/12/18
12:00
Hot Stocks
Daily S&P Biotech Bear 3x Shares rises 11.6% »

Daily S&P Biotech…

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

BCS

Barclays

$8.76

-0.39 (-4.26%)

12:00
11/12/18
11/12
12:00
11/12/18
12:00
Options
Put buyers in Barclays and implied volatility reaches 52-week highs »

Put buyers in Barclays…

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

BSTI

Best Inc.

$6.10

0.92 (17.76%)

12:00
11/12/18
11/12
12:00
11/12/18
12:00
Hot Stocks
Best Inc. rises 17.0% »

Best Inc. is up 17.0%, or…

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

    Nov

  • 13

    Nov

JPM

JPMorgan

$109.16

-2.08 (-1.87%)

11:58
11/12/18
11/12
11:58
11/12/18
11:58
Periodicals
Bank of France works with JPMorgan to boost gold bullion services, Reuters says »

The Bank of France has…

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

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.