Breaking News Instant updates and real-time market news.

SAIC

SAIC

$64.66

0.1 (0.15%)

, EGL

Engility

$29.12

0.05 (0.17%)

16:31
01/11/19
01/11
16:31
01/11/19
16:31

Engility, SAIC stockholders both approve merger

Science Applications International Corporation (SAIC) and Engility Holdings (EGL) announced that stockholders of each SAIC and Engility overwhelmingly approved their respective proposals related to the proposed merger of SAIC and Engility at their respective special meetings of stockholders earlier today. More than 98% of the shares voting at the SAIC special meeting of stockholders voted in favor of the proposal to issue shares of SAIC common stock to Engility stockholders in connection with the merger, and more than 99% of the shares voting at the Engility special meeting of stockholders voted in favor of the proposal to approve and adopt the merger agreement. Upon the consummation of the merger, Engility stockholders will have the right to receive 0.450 shares of SAIC common stock for each share of Engility common stock, with cash paid in lieu of fractional shares. SAIC and Engility expect the closing of the transaction to occur promptly, subject to the satisfaction of all conditions.

SAIC

SAIC

$64.66

0.1 (0.15%)

EGL

Engility

$29.12

0.05 (0.17%)

  • 11

    Jan

  • 11

    Jan

  • 23

    Jan

  • 24

    Jan

SAIC SAIC
$64.66

0.1 (0.15%)

09/25/18
JEFF
09/25/18
DOWNGRADE
Target $190
JEFF
Hold
CACI downgraded to Hold from Buy at Jefferies
Jefferies analyst Sheila Kahyaoglu downgraded CACI (CACI) to Hold and lowered her price target for the shares to $190 from $222. While the company is on a path of accelerated growth, the recent rise in shares largely captures the upside, Kahyaoglu tells investors in a research note. Further, she believes CACI "would appear to be the odd man out" regarding industry consolidation following SAIC's (SAIC) acquisition of Engility (EGL). The analyst believes this could weigh on CACI's valuation and estimates. Kahyaoglu thinks a lot of near-term catalysts should keep the shares range-bound. The analyst coupled the downgrade with an upgrade of SAIC to Buy.
09/25/18
09/25/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Clorox (CLX) upgraded to Buy from Hold at Argus with analyst John Staszak saying the company offers a "favorable growth profile and consistent record of industry outperformance," with efforts to increase revenues through innovation while conducting "low-cost operations." 2. Dollar General (DG) upgraded to Buy from Neutral at Buckingham with analyst Bob Summers saying he expects sustained operating strength through at least the second half of 2018 driven by the ongoing benefit from initiatives and investment as well a favorable consumer environment. 3. SAIC (SAIC) upgraded to Buy from Hold at Jefferies with analyst Sheila Kahyaoglu saying she is "incrementally more positive" and views the 10% pullback in shares since the Engility (EGL) deal announcement as a buying opportunity. 4. Helmerich & Payne (HP) upgraded to Buy from Neutral at B. Riley FBR with analyst Tom Curran citing valuation as well as the company's technology and super spec strategy. 5. Canadian National (CNI) upgraded to Buy from Neutral at Citi with analyst Christian Weatherbee saying he left meetings with management constructive that the "heavy lifting" of fixing the company's network and adding capacity is largely complete and should pay dividends through "robust" volume growth, greater fluidity, and lower costs. And this improvement coincides with easier comps, as Canadian National's network "was greatly stressed into the winter of last year from a surge in volume and bad weather." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/28/18
DRXL
09/28/18
UPGRADE
DRXL
Buy
SAIC upgraded to Buy from Hold at Drexel Hamilton
09/28/18
09/28/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Lowe's (LOW) upgraded to Buy from Hold at SunTrust with analyst Keith Hughes citing the company's latest Q2 earnings and the analyst meeting with its management suggesting an "internally focused" turnaround progressing at a "consistent pace" over the next 2-3 years. 2. Devon Energy (DVN) upgraded to Overweight from Neutral at Piper Jaffray with analyst Ryan Todd saying he sees a "high-quality onshore portfolio driving upper-quartile debt-adjusted cash flow growth and active disposal program as offering support for free cash flow momentum into 2019" and beyond. 3. HCP (HCP) upgraded to Overweight from Neutral at Cantor Fitzgerald with analyst Joseph France saying after years of restructuring and strengthening its financials, HCP is now well positioned in each of its major businesses, particularly life science and medical office. 4. SAIC (SAIC) upgraded to Buy from Hold at Drexel Hamilton. 5. Cameco (CCJ) upgraded to Sector Perform from Underperform at Scotiabank with analyst Orest Wowkodaw saying the Tax Court of Canada ruling was "very favorable," appears to effectively end the company's long-standing tax dispute and represents the best possible outcome for the company. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
EGL Engility
$29.12

0.05 (0.17%)

09/11/18
COWN
09/11/18
DOWNGRADE
COWN
Market Perform
Engility downgraded to Market Perform from Outperform at Cowen
Engility (EGL) is being acquired by SAIC (SAIC) in a stock deal valued at $2.5B.
09/11/18
VERT
09/11/18
DOWNGRADE
VERT
Hold
SAIC downgraded to Hold from Buy at Vertical Research
Vertical Research analyst Krishna Sinha downgraded SAIC (SAIC) to Hold with an $80 price target following news the company would acquire Engility (EGL) in a deal worth $2.5B. Sinha said both companies are low-single digit growers and expects some book-to-bill to be sacrificed, resulting in SAIC suffering on the topline "at a time when investors are clamoring for growth."
09/25/18
JEFF
09/25/18
UPGRADE
Target $97
JEFF
Buy
SAIC upgraded to Buy from Hold at Jefferies
Jefferies analyst Sheila Kahyaoglu upgraded SAIC (SAIC) to Buy and raised her price target for the shares to $97 from $88. Following meetings with management, the analyst is "incrementally more positive" and views the 10% pullback in shares since the Engility (EGL) deal announcement as a buying opportunity. The stock has sold off due to technicals and integration risk, but the close of the deal and attractive accretion should act as near-term catalysts, Kahyaoglu tells investors in a research note. She finds the deal financially attractive for SAIC.

TODAY'S FREE FLY STORIES

07:00
01/21/19
01/21
07:00
01/21/19
07:00
General news
FX Update: There hasn't been a strong theme »

FX Update: There…

CYDY

CytoDyn

$0.00

(0.00%)

04:55
01/21/19
01/21
04:55
01/21/19
04:55
Conference/Events
CytoDyn participates in lunch meeting with Philadelphia Securities »

Luncheon Meeting with…

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

    Jan

03:45
01/21/19
01/21
03:45
01/21/19
03:45
General news
FX Action: USD-CAD has settled back in the upper 1.3200s »

FX Action: USD-CAD has…

03:05
01/21/19
01/21
03:05
01/21/19
03:05
General news
FX Update: The Dollar majors have been trading with little directional bias »

FX Update: The Dollar…

MET

MetLife

$45.32

0.28 (0.62%)

19:55
01/20/19
01/20
19:55
01/20/19
19:55
Hot Stocks
MetLife announces Richard Nunn as new CEO for Australia »

MetLife announced Richard…

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

    Feb

  • 18

    Jun

AMZN

Amazon.com

$1,696.01

4.01 (0.24%)

, TSLA

Tesla

$302.26

-45.18 (-13.00%)

19:27
01/20/19
01/20
19:27
01/20/19
19:27
Hot Stocks
Fly Intel: Top five weekend stock stories »

Catch up on the…

AMZN

Amazon.com

$1,696.01

4.01 (0.24%)

TSLA

Tesla

$302.26

-45.18 (-13.00%)

NFLX

Netflix

$339.20

-14.02 (-3.97%)

EA

Electronic Arts

$92.50

3.19 (3.57%)

ATVI

Activision Blizzard

$48.64

1.26 (2.66%)

CMCSA

Comcast

$36.21

0.32 (0.89%)

CMCSK

Comcast

$0.00

(0.00%)

COST

Costco

$213.59

2.15 (1.02%)

ILMN

Illumina

$312.66

2.53 (0.82%)

TMO

Thermo Fisher

$240.72

2.55 (1.07%)

DHR

Danaher

$107.43

1.88 (1.78%)

A

Agilent

$71.93

1.16 (1.64%)

TECH

Bio-Techne

$163.24

1.16 (0.72%)

NEM

Newmont Mining

$31.77

0.15 (0.47%)

GOLD

Barrick Gold

$11.78

-0.11 (-0.93%)

KRC

Kilroy Realty

$68.23

0.21 (0.31%)

VNO

Vornado

$66.40

1.04 (1.59%)

TCEHY

Tencent

$0.00

(0.00%)

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

    Jan

  • 23

    Jan

  • 24

    Jan

  • 24

    Jan

  • 28

    Jan

  • 29

    Jan

  • 29

    Jan

  • 30

    Jan

  • 30

    Jan

  • 31

    Jan

  • 05

    Feb

  • 05

    Feb

  • 05

    Feb

  • 12

    Feb

  • 20

    Feb

  • 21

    Feb

  • 25

    Feb

  • 03

    Mar

NTDOY

Nintendo

$0.00

(0.00%)

17:55
01/20/19
01/20
17:55
01/20/19
17:55
Periodicals
Nintendo investors starting to feel optimistic again, Bloomberg says »

Nintendo investors,…

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

T

AT&T

$30.95

0.32 (1.04%)

, CMCSA

Comcast

$36.21

0.32 (0.89%)

17:52
01/20/19
01/20
17:52
01/20/19
17:52
Hot Stocks
Box Office Battle: 'Glass' wins MLK weekend with $47M »

Comcast (CMCSA; CMCSK)…

T

AT&T

$30.95

0.32 (1.04%)

CMCSA

Comcast

$36.21

0.32 (0.89%)

CMCSK

Comcast

$0.00

(0.00%)

SNE

Sony

$50.16

0.66 (1.33%)

FOX

21st Century Fox

$48.38

0.32 (0.67%)

FOXA

21st Century Fox

$48.74

0.34 (0.70%)

LGF.A

Lionsgate

$18.25

0.23 (1.28%)

DIS

Disney

$110.97

-0.02 (-0.02%)

VIAB

Viacom

$30.09

0.3 (1.01%)

VIA

Viacom

$33.15

0.2 (0.61%)

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

    Jan

  • 23

    Jan

  • 30

    Jan

  • 05

    Feb

  • 05

    Feb

  • 05

    Feb

  • 07

    Feb

  • 25

    Feb

  • 03

    Mar

  • 20

    Mar

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$266.44

3.45 (1.31%)

16:46
01/20/19
01/20
16:46
01/20/19
16:46
Periodicals
Trump says deal with China 'could very well happen,' Reuters reports »

U.S. President Donald…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$266.44

3.45 (1.31%)

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

GM

General Motors

$38.63

0.35 (0.91%)

16:44
01/20/19
01/20
16:44
01/20/19
16:44
Periodicals
General Motors warns workers in Brazil on losses, Reuters reports »

General Motors has warned…

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

  • 06

    Feb

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$266.44

3.45 (1.31%)

16:24
01/20/19
01/20
16:24
01/20/19
16:24
Periodicals
Trump says no amnesty for 'Dreamers,' Reuters reports »

President Donald Trump…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$266.44

3.45 (1.31%)

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

TSLA

Tesla

$302.26

-45.18 (-13.00%)

16:17
01/20/19
01/20
16:17
01/20/19
16:17
Periodicals
Tesla gets green light to begin delivering Model 3 in Europe, Bloomberg says »

Tesla was cleared 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

SFTBY

SoftBank; also use SFTBF

$0.00

(0.00%)

15:57
01/20/19
01/20
15:57
01/20/19
15:57
Initiation
SoftBank; also use SFTBF initiated at Deutsche Bank »

SoftBank initiated with 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

FUJHY

Subaru

$0.00

(0.00%)

, MZDAY

Mazda Motor

$0.00

(0.00%)

13:27
01/20/19
01/20
13:27
01/20/19
13:27
Periodicals
Toyota, Panasonic to launch EV battery joint venture in 2020, Reuters reports »

Toyota (TM) and Panasonic…

FUJHY

Subaru

$0.00

(0.00%)

MZDAY

Mazda Motor

$0.00

(0.00%)

PCRFY

Panasonic

$0.00

(0.00%)

TM

Toyota

$125.40

0.505 (0.40%)

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

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$266.44

3.45 (1.31%)

13:19
01/20/19
01/20
13:19
01/20/19
13:19
Periodicals
Trump, Kim February summit likely to take place in Vietnam, Bloomberg reports »

Administration officials…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$266.44

3.45 (1.31%)

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

FB

Facebook

$150.01

1.77 (1.19%)

13:11
01/20/19
01/20
13:11
01/20/19
13:11
Periodicals
Facebook launches German initiatives to defend election integrity, Reuters says »

Facebook has launched…

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

  • 24

    Jan

  • 24

    Jan

  • 30

    Jan

  • 25

    Feb

  • 03

    Mar

AMZN

Amazon.com

$1,696.01

4.01 (0.24%)

13:06
01/20/19
01/20
13:06
01/20/19
13:06
Periodicals
Amazon taking advantage of consumers' online shopping habits, NY Times says »

Amazon's advertising…

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

  • 28

    Jan

  • 31

    Jan

  • 20

    Feb

  • 03

    Mar

CLSD

Clearside Biomedical

$1.16

0.02 (1.75%)

13:01
01/20/19
01/20
13:01
01/20/19
13:01
Hot Stocks
Clearside Biomedical extension study of PEACHTREE for Xipere shows durability »

Clearside Biomedical…

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

TCEHY

Tencent

$0.00

(0.00%)

12:59
01/19/19
01/19
12:59
01/19/19
12:59
Periodicals
Tencent not the best opportunity out there right now, Barron's says »

After securing a billion…

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

BAESY

BAE Systems

$0.00

(0.00%)

12:53
01/19/19
01/19
12:53
01/19/19
12:53
Periodicals
Bae Systems will mount new charge, Barron's says »

Bae Systems has been…

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

AMZN

Amazon.com

$1,696.01

4.01 (0.24%)

, COST

Costco

$213.59

2.15 (1.02%)

12:50
01/19/19
01/19
12:50
01/19/19
12:50
Periodicals
Costco might be 'good buy' following 2018 pullback, Barron's says »

Part of what makes Costco…

AMZN

Amazon.com

$1,696.01

4.01 (0.24%)

COST

Costco

$213.59

2.15 (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

  • 28

    Jan

  • 31

    Jan

  • 20

    Feb

  • 03

    Mar

VNO

Vornado

$66.40

1.04 (1.59%)

, KRC

Kilroy Realty

$68.23

0.21 (0.31%)

12:45
01/19/19
01/19
12:45
01/19/19
12:45
Periodicals
Kilroy, Vornado Realty have 'solid' prospects, Barron's says »

Office REITs have been…

VNO

Vornado

$66.40

1.04 (1.59%)

KRC

Kilroy Realty

$68.23

0.21 (0.31%)

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

    Feb

GOLD

Barrick Gold

$11.78

-0.11 (-0.93%)

, GG

Goldcorp

$10.37

0.04 (0.39%)

12:41
01/19/19
01/19
12:41
01/19/19
12:41
Periodicals
Gold mining stocks 'an unalloyed bargain,' Barron's says »

Two multibillion-dollar…

GOLD

Barrick Gold

$11.78

-0.11 (-0.93%)

GG

Goldcorp

$10.37

0.04 (0.39%)

NEM

Newmont Mining

$31.77

0.15 (0.47%)

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

    Feb

TECH

Bio-Techne

$163.24

1.16 (0.72%)

, A

Agilent

$71.93

1.16 (1.64%)

12:29
01/19/19
01/19
12:29
01/19/19
12:29
Periodicals
Rising demand benefiting Illumina, Thermo Fisher, Barron's says »

Healthy funding and…

TECH

Bio-Techne

$163.24

1.16 (0.72%)

A

Agilent

$71.93

1.16 (1.64%)

DHR

Danaher

$107.43

1.88 (1.78%)

TMO

Thermo Fisher

$240.72

2.55 (1.07%)

ILMN

Illumina

$312.66

2.53 (0.82%)

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

  • 24

    Jan

  • 29

    Jan

  • 29

    Jan

  • 30

    Jan

  • 30

    Jan

  • 05

    Feb

ATVI

Activision Blizzard

$48.64

1.26 (2.66%)

, EA

Electronic Arts

$92.50

3.19 (3.57%)

12:22
01/19/19
01/19
12:22
01/19/19
12:22
Periodicals
EA, Activision struggling to survive a Fortnite World, Barron's says »

Netflix (NFLX) delivered…

ATVI

Activision Blizzard

$48.64

1.26 (2.66%)

EA

Electronic Arts

$92.50

3.19 (3.57%)

NFLX

Netflix

$339.20

-14.02 (-3.97%)

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

  • 24

    Jan

  • 05

    Feb

  • 12

    Feb

  • 25

    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.