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IBM

IBM

$140.23

0.81 (0.58%)

, BBD

Banco Bradesco

$12.09

0.18 (1.51%)

06:07
03/19/19
03/19
06:07
03/19/19
06:07

IBM announces IBM Blockchain World Wire supports payment in over 50 countries

IBM (IBM) announced yesterday IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible in a growing number of markets. Designed to optimize and accelerate foreign exchange, cross border payments and remittances, World Wire is the first blockchain network of its kind to integrate payment messaging, clearing and settlement on a single unified network, while allowing participants to choose from a variety of digital assets for settlement. World Wire has enabled payment locations in 72 countries, with 47 currencies and 44 banking endpoints. Local regulations will continue to guide activation, and IBM is actively growing the network with additional financial institutions globally. The network already supports settlement using Stellar Lumens and a U.S. dollar stable coin through IBM's previously-announced collaboration with Stronghold. Pending regulatory approvals and other reviews, six international banks, including Banco Bradesco (BBD), Bank Busan, and Rizal Commercial Banking Corporation, have signed letters of intent to issue their own stable coins on World Wire, adding Euro, Indonesian Rupiah, Philippine Peso, Korean Won and Brazilian Real stable coins to the network. IBM will continue to expand the ecosystem of settlement assets based on client demand.

IBM

IBM

$140.23

0.81 (0.58%)

BBD

Banco Bradesco

$12.09

0.18 (1.51%)

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

  • 30

    Apr

IBM IBM
$140.23

0.81 (0.58%)

03/15/19
BMOC
03/15/19
DOWNGRADE
Target $53
BMOC
Market Perform
Oracle downgraded to Market Perform from Outperform at BMO Capital
BMO Capital analyst Keith Bachman downgraded Oracle (ORCL) to Market Perform from Outperform with an unchanged price target of $53 following last night's fiscal Q3 results. The stock in premarket trading is down 3%, or $1.65, to $51.40. The analyst believes Oracle can sustain ~2% constant currency revenue growth, but is "dubious" the company can improve its revenue growth rates. He does not think autonomous database or gradual unfolding of the cloud enterprise resource planning market will help Oracle's growth in fiscal 2020. As demonstrated by IBM (IBM) over the years, an aggressive buyback will not be enough to push the shares meaningfully higher without improved top-line results, Bachman tells investors in a post-earnings research note. As such, he sees a balanced risk/reward profile at current share levels.
02/11/19
PIPR
02/11/19
NO CHANGE
PIPR
Piper storage survey positive for Pure Storage, Nutanix, NetApp
Piper Jaffray conducted its fiscal Q4 Storage Reseller Survey by collecting feedback from 28 resellers and distributors. While only five of 14 vendors had net positive results versus six of the 14 last quarter, the firm saw "strong results" for Pure Storage (PSTG), Rubrik, Nutanix (NTNX), Veeam and NetApp (NTAP), analyst Andrew Nowinski told investors earlier in a research note. Pure Storage also had the strongest pipeline heading into the April quarter, added the analyst. The company's results sharply improved in the survey, with 67% of resellers citing "Above Plan" results, the highest level seen in three years, says Nowinski. The stock in early trading is up 19c to $18.47. Of those surveyed by Piper, 36% of resellers said they saw a negative impact from the U.S. government shutdown, with Dell (DELL), HP/3PAR (HPQ) and IBM (IMB) the most impacted.
01/31/19
TIGR
01/31/19
NO CHANGE
TIGR
Neutral
IBM's Cognitive Solutions strength offset by weak System, says Tigress Financial
Tigress Financial analyst Ivan Feinseth kept his Hold rating on IBM after another set of mixed results reported for Q4 last week. The analyst notes that the company's strong Cognitive Solutions performance continues to be offset by ongoing weakness in Systems revenue. Feinseth adds that its Business Performance is also trending, but sees IBM "starting to benefit from the growing performance of its Cognitive Solutions and Global Business Services business lines", driven by "growing demand for analytics, IoT, and security services."
01/23/19
BMOC
01/23/19
NO CHANGE
Target $147
BMOC
Market Perform
IBM price target raised to $147 from $145 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on IBM (IBM) to $147 after the company's better than expected Q4 revenues in its "three important business units of Cognitive, GBS and Tech Services." The analyst also contends that while the outlook for FY19 earnings was below consensus, he sees progress on revenues as more important for the company. Bachman adds that he remains constructive on the impact of IBM's pending Red Hat (RHT) deal improving its top line, but does not see the current valuation for IBM as sufficiently compelling for a more constructive view, keeping his Market Perform rating.
BBD Banco Bradesco
$12.09

0.18 (1.51%)

12/11/18
HSBC
12/11/18
DOWNGRADE
HSBC
Reduce
Banco Bradesco downgraded to Reduce from Hold at HSBC
11/09/18
MSCO
11/09/18
UPGRADE
MSCO
Equal Weight
Banco Bradesco upgraded to Equal Weight from Underweight at Morgan Stanley
07/20/18
SANT
07/20/18
UPGRADE
SANT
Buy
Banco Bradesco upgraded to Buy from Hold at Santander
02/26/19
SCOT
02/26/19
DOWNGRADE
SCOT
Underperform
Banco Bradesco downgraded to Underperform from Sector Perform at Scotiabank
BTC Bitcoin
$0.00

(0.00%)

01/17/19
MSCO
01/17/19
NO CHANGE
Target $99
MSCO
Overweight
PayPal merchant acceptance lead widened in Q4, says Morgan Stanley
Morgan Stanley analyst James Faucette said that PayPal (PYPL) widened its merchant acceptance lead in Q4 as it added a net of 8 of the U.S.'s top 500 internet retailers while the next largest accepted digital wallet, Amazon Pay (AMZN), lost 4 net merchants this quarter. PayPal now has acceptance at 82% of the top 500 U.S. Internet retailers, up from 81% last quarter, while Amazon's acceptance rate slipped to 12% from 13%. MasterCard's (MA) MasterPass gained 1 net new merchant, Visa Checkout (V) gained no net new merchants and Bitcoin acceptance remained unchanged at 4 of the top 500, Faucette added. The analyst, who think PayPal's acceptance lead and consumers' shift toward online purchases should support total payments volume growth at or above the rate of e-commerce, keeps an Overweight rating on PayPal shares and raised his price target to $99 from $97.
04/09/18
MSCO
04/09/18
NO CHANGE
Target $88
MSCO
Overweight
PayPal acceptance lead continues to grow, says Morgan Stanley
Morgan Stanley analyst James Faucette said his quarterly tracker shows PayPal maintains its online acceptance lead versus other digital wallets, with acceptance at 79% of the top 500 U.S. Internet retailers, despite investors being "overly concerned" about potential risk to its lead. In the same note, Faucette pointed out that Bitcoin acceptance remained unchanged, with 4 of the top 500 internet retailers he tracks still accepting the cryptocurrency. The analyst, who expects PayPal will continue to benefit from its lead and increasingly serve as a payment-of-choice for non-Amazon merchants, keeps his Overweight rating and $88 price target on the shares.
BITCOIN Bitcoin
$0.00

(0.00%)

07/11/18
NOMU
07/11/18
NO CHANGE
Target $85
NOMU
Buy
Square is not a play on bitcoin, says Nomura Instinet
Nomura Instinet analyst Dan Dolev disagrees with the notion that Square is a play on bitcoin. Cash App downloads have been accelerating despite the slump in bitcoin prices, Dolev tells investors in a research note. For perspective, Coinbase's monthly downloads have turned sharply negative in recent months, the analyst adds. He notes that his firm's payments app tracker shows Square Cash App downloads accelerated in May/June to up 154% year-over-year. Dolev keeps a Buy rating on the shares with an $85 price target. The stock closed yesterday up $1.72 to $64.76.
04/18/18
NOMU
04/18/18
NO CHANGE
Target $65
NOMU
Buy
Nomura Instinet ups Square price target to $65 on bitcoin boost
Nomura Instinet analyst Dan Dolev raised his price target for Square (SQ) shares to $65 from $64 saying the impact from bitcoin could be meaningful. The stock closed yesterday up $2.10 to $49.13. Opening Square Cash for bitcoin trading earlier this year could drive a "sizable boost" to revenue and profits, driving up to 10% potential upside to adjusted EBITDA guidance, Dolev tells investors in a research note. He sees bitcoin as helping to offset Square's rising investment costs to broaden its international presence. In asking if bitcoin will reshape the future of payments as Square CEO Jack Dorsey often argues, or if it will just be a passing fad, Dolev points out that the company's correlation with the cryptocurrency has been on a downward trend. Square shares are now less correlated with bitcoin than PayPal (PYPL), the payment networks or Alphabet (GOOG, GOOGL), Dolev contends. He maintains a Buy rating on Square.

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EFC

Ellington Financial

$18.79

0.01 (0.05%)

20:29
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Ellington Financial 4.2M share Spot Secondary priced at $18.20 »

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HD

Home Depot

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1.64 (0.69%)

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Medtronic

$111.25

-0.86 (-0.77%)

20:25
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Notable companies reporting before tomorrow's open »

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1.64 (0.69%)

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Medtronic

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TJX

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TDG

TransDigm

$568.32

9.81 (1.76%)

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Aramark

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0.25 (0.57%)

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Kohl's

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ACY

AeroCentury

$3.31

-0.66 (-16.62%)

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AeroCentury sells one Bombardier CRJ900 to Aeronautical Support International »

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MYOV

Myovant Sciences

$6.02

-0.14 (-2.27%)

19:29
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Myovant Sciences up over 11% after announcing Phase 3 Study conference call »

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INVH

Invitation Homes

$29.95

-0.04 (-0.13%)

18:47
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Invitation Homes CEO sells 70K shares of common stock »

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BA

Boeing

$369.50

-2.05 (-0.55%)

, LUV

Southwest

$57.77

-0.03 (-0.05%)

18:44
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18:44
Periodicals
Boeing to provide Southwest board with 737 MAX update this week, Reuters says »

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BA

Boeing

$369.50

-2.05 (-0.55%)

LUV

Southwest

$57.77

-0.03 (-0.05%)

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GBDC

Golub Capital

$17.79

0.045 (0.25%)

18:42
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18:42
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Upgrade
Golub Capital rating change at Keefe Bruyette »

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GM

General Motors

$36.62

-0.25 (-0.68%)

, TM

Toyota

$143.53

-0.76 (-0.53%)

18:42
11/18/19
11/18
18:42
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18:42
Periodicals
CA to halt purchase of GM, Toyota, Fiat Chrysler vehicles, Reuters reports »

The state of California…

GM

General Motors

$36.62

-0.25 (-0.68%)

TM

Toyota

$143.53

-0.76 (-0.53%)

FCAU

Fiat Chrysler

$15.63

-0.39 (-2.43%)

NSANY

Nissan

$0.00

(0.00%)

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  • 19

    Nov

CRMT

America's Car-Mart

$90.88

3.22 (3.67%)

, WUBA

58.com

$50.26

-1.35 (-2.62%)

18:38
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Hot Stocks
Fly Intel: After Hours Movers »

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CRMT

America's Car-Mart

$90.88

3.22 (3.67%)

WUBA

58.com

$50.26

-1.35 (-2.62%)

BILI

Bilibili

$16.39

-0.32 (-1.92%)

SAEX

SAExploration

$1.51

-0.05 (-3.21%)

CLVS

Clovis

$7.05

0.68 (10.68%)

NOW

ServiceNow

$266.56

6.65 (2.56%)

OKTA

Okta

$121.21

3.76 (3.20%)

SPLK

Splunk

$122.64

3.49 (2.93%)

WWD

Woodward

$113.64

-1.15 (-1.00%)

KRNT

Kornit Digital

$33.07

-1.13 (-3.30%)

ASH

Ashland

$78.65

0.03 (0.04%)

VNET

21Vianet

$8.28

0.23 (2.86%)

DHT

DHT Holdings

$7.52

-0.2 (-2.59%)

KRTX

Karuna Therapeutics

$94.70

77.44 (448.67%)

EGHT

8x8, Inc.

$20.78

0.13 (0.63%)

I

Intelsat

$7.98

-5.42 (-40.45%)

PFGC

Performance Food Group

$46.09

-0.08 (-0.17%)

EFC

Ellington Financial

$18.79

0.01 (0.05%)

03/08/13
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03/06/13
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LEVI

Levi Strauss

$17.06

-0.115 (-0.67%)

18:31
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Levi Strauss CEO: I believe in the importance of innovation »

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CSCO

Cisco

$45.17

0.07 (0.16%)

18:17
11/18/19
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Periodicals
Cisco sues former employees over claims of trade secret theft, Bloomberg says »

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  • 09

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    Feb

ABBV

AbbVie

$88.71

0.07 (0.08%)

18:09
11/18/19
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18:09
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18:09
Hot Stocks
AbbVie treatment of myelofibrosis granted FDA orphan status »

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  • 07

    Dec

PRQR

ProQR Therapeutics

$6.27

-0.64 (-9.26%)

18:06
11/18/19
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18:06
Hot Stocks
ProQR Therapeutics treatment of retinal dystrophy in P23H granted orphan status »

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BILI

Bilibili

$16.39

-0.32 (-1.92%)

18:04
11/18/19
11/18
18:04
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18:04
Earnings
Bilibili sees Q4 revenue RMB1.93B-RMB1.98B »

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  • 18

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WUBA

58.com

$50.26

-1.35 (-2.62%)

18:03
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18:03
Earnings
58.com sees Q4 revenue up 12%-15% in RMB terms »

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  • 19

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BILI

Bilibili

$16.39

-0.32 (-1.92%)

18:03
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Hot Stocks
Bilibili reports average MAUs reached 127.9M in Q3 »

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  • 18

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WUBA

58.com

$50.26

-1.35 (-2.62%)

18:03
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Earnings
58.com reports Q3 adjusted EPS 96c, consensus 82c »

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  • 19

    Nov

BILI

Bilibili

$16.39

-0.32 (-1.92%)

18:01
11/18/19
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18:01
Earnings
Bilibili reports Q3 adjusted EPS (15c), consensus (14c) »

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  • 18

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DDOG

Datadog

$40.36

-0.33 (-0.81%)

, AMZN

Amazon.com

$1,752.70

15.21 (0.88%)

17:56
11/18/19
11/18
17:56
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17:56
Hot Stocks
Datadog announces support for AWS CloudFormation Registry and CLI »

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DDOG

Datadog

$40.36

-0.33 (-0.81%)

AMZN

Amazon.com

$1,752.70

15.21 (0.88%)

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17:55
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11/18
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11/18/19
17:55
Conference/Events
Morgan Stanley analyst to hold an analyst/industry conference call »

Managing Director &…

GVA

Granite Construction

$26.50

-0.6 (-2.21%)

17:54
11/18/19
11/18
17:54
11/18/19
17:54
Hot Stocks
Granite Construction awarded $14M airfield improvement project in California »

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ZS

Zscaler

$44.46

-1.37 (-2.99%)

, MSFT

Microsoft

$150.35

0.4 (0.27%)

17:51
11/18/19
11/18
17:51
11/18/19
17:51
Initiation
Zscaler, Microsoft initiated at DA Davidson »

Zscaler initiated with a…

ZS

Zscaler

$44.46

-1.37 (-2.99%)

MSFT

Microsoft

$150.35

0.4 (0.27%)

03/08/13
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  • 20

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  • 04

    Dec

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    Dec

OKTA

Okta

$121.21

3.76 (3.20%)

17:51
11/18/19
11/18
17:51
11/18/19
17:51
Upgrade
Okta rating change at DA Davidson »

Okta pullback represents…

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  • 05

    Dec

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    Dec

PANW

Palo Alto Networks

$248.50

1.465 (0.59%)

17:48
11/18/19
11/18
17:48
11/18/19
17:48
Initiation
Palo Alto Networks initiated at DA Davidson »

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03/08/13
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03/08/13
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03/06/13
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