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FB

Facebook

$161.59

1.13 (0.70%)

06:27
03/20/19
03/20
06:27
03/20/19
06:27

Reporter disputes Facebook's claim that users didn't report video, BI says

Facebook said this week that no users reported the video of the mosque shooting that left 50 people dead in Christchurch, New Zealand during the live broadcast, but this is being challenged by Right Wing Watch reporter Jared Holt, who said he reported the livestream during the attack, Business Insider's Isobel Asher Hamilton reports. "I definitely remember reporting this but there's no record of it in Facebook. It's very frustrating," Holt told the publication, adding that "I don't know that I believe Facebook would lie about this, especially given the fact law enforcement is likely asking them for info, but I'm so confused as to why the system appears not to have processed my flag." Reference Link

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FB Facebook
$161.59

1.13 (0.70%)

03/18/19
03/18/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Facebook (FB) downgraded to Hold from Buy at Needham with analyst Laura Martin citing three factors that she sees creating a "negative network effect," namely its strategic pivot toward privacy and encrypted messages, the growing risks of regulation and "horrific" events like those recently in New Zealand that hurt Facebook's brand and are difficult to block from the service at a 100% level. 2. Quest Diagnostics (DGX) downgraded to Neutral from Outperform at Credit Suisse. 3. Aramark (ARMK) downgraded to Neutral from Buy at Nomura Instinet with analyst Dan Dolev saying while the company's "significant scale" in North America should drive consistent 5%-plus organic growth, "execution mishaps and inability to win sufficient new business" resulted in just 2%-3% organic growth versus 7%-8% for main competitor Compass. 4. BioScrip (BIOS) downgraded to Equal Weight from Overweight at Stephens with analyst Dana Hambly saying the company "surprised the market" by announcing a merger with Option Care. 5. PVH Corp. (PVH) assumed with a Neutral from Buy at Citi with analyst Paul Lejuez saying while PVH has two brands with good global growth potential in Tommy Hilfiger and Calvin Klein, the company overall is still heavily dependent on the North America wholesale and outlet channels. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/19/19
RBCM
03/19/19
NO CHANGE
RBCM
Outperform
Shopify could lose some future payments volume to Instagram, says RBC Capital
After Facebook's (FB) Instagram announced in a blog post that it is adding in-app checkout, RBC Capital analyst Ross MacMillan explained that he views the risk to Shopify (SHOP) being that native Instagram Checkout could take some gross payments volume share in the future, some of which would have been Shopify's. As it stands today, merchants can link Instagram as a channel to their Shopify platform and transactions occur through the Shopify checkout, which would generate payments volume and revenue, assuming that merchant uses Shopify Payments, said MacMillan. However, he added that he thinks volumes from Instagram purchases are "very small" today. MacMillan has an Outperform rating on Shopify shares.
03/19/19
JEFF
03/19/19
NO CHANGE
JEFF
Hold
Jefferies understands Shopify concerns following 'Checkout on Instagram'
Shares of Shopify traded down modestly today on the announcement of "Checkout on Instagram," a feature that will allow users to complete purchases without leaving the app, Jefferies analyst Samad Samana tells investors in a research note. Facebook's (FB) Instagram will charge merchants a selling fee and partner with PayPal (PYPL) for payment processing, the analyst points out. He understands the investor concerns since Shopify partners with Instagram. Samana, however, believes most merchants will continue to rely on their underlying e-commerce platform to complete most online transactions, manage their stores and inventory. Further, merchants succeeding on multiple channels could increase the likelihood of using a platform like Shopify to manage their business, the analyst contends. He points out, though, that if merchants choose to adopt "Checkout on Instagram", PayPal would provide the payment processing for the gross merchandise volume generated on Instagram rather than directing back to a merchant's Shopify store to process the transaction. This could be a headwind for Shopify's Payments revenue growth, says Samana. He keeps a Hold rating on the shares with a $175 price target. The stock closed the trading day down 2%, or $3.68, to $202.09.
03/19/19
BTIG
03/19/19
NO CHANGE
BTIG
Neutral
BTIG sees limited impact to Etsy from 'Checkout on Instagram'
Facebook's (FB) "Checkout on Instagram" announced today focuses on large sellers, which means it is not yet a competitor of Etsy (ETSY), BTIG analyst Marvin Fong tells investors in a research note titled "In Instagram, Sellers Could Soon Have a New Sales Channel, But We See Limited Impact to Etsy." However, Instagram mentions in its blog post that in the future it will work with Shopify-type (SHOP) platforms, indicating that it intends to reach into the small-to-medium size businesses, the analyst adds. He points out that BuzzFeed even identified Etsy as a future target of Checkout by name. Fong's quick analysis, which "pessimistically" assumes Instagram can convert 10% of an Etsy seller's Instagram followers, puts the impact to Etsy's volume at around 2%. The analyst estimates about 41% of large Etsy sellers are already able to integrate with Instagram. He also found that found that ~25% of large Etsy sellers have no Instagram presence. Fong keeps a Neutral rating on Etsy.

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AER

AerCap

$61.01

0.72 (1.19%)

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WBA

Walgreens Boots Alliance

$62.35

0.09 (0.14%)

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QSR

Restaurant Brands

$67.39

-0.15 (-0.22%)

10:45
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Restaurant Brands call volume above normal and directionally bullish »

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F

Ford

$9.11

0.03 (0.33%)

, GM

General Motors

$38.89

0.18 (0.46%)

10:38
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Trump expected to extend deadline for EU car tariffs, Bloomberg says »

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F

Ford

$9.11

0.03 (0.33%)

GM

General Motors

$38.89

0.18 (0.46%)

HMC

Honda

$29.35

0.15 (0.51%)

NSANY

Nissan

$0.00

(0.00%)

TM

Toyota

$145.00

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TSLA

Tesla

$348.78

3.71 (1.08%)

DDAIF

Daimler AG

$0.00

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FCAU

Fiat Chrysler

$16.21

0.1 (0.62%)

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Volkswagen

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KSS

Kohl's

$56.48

-0.56 (-0.98%)

10:35
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Options
Kohl's put volume heavy and directionally bearish »

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General news
FX Action: USD-JPY »

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DIS

Disney

$139.04

2.3 (1.68%)

10:31
11/12/19
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10:31
Hot Stocks
Disney says Disney+ 'exceeded our high expectations,' working on glitches »

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KHC

Kraft Heinz

$32.77

0.01 (0.03%)

10:25
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Options
Kraft Heinz call volume above normal and directionally bullish »

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RHHBY

Roche

$0.00

(0.00%)

10:25
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Conference/Events
Roche to hold a conference call »

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REPL

Replimune Group

$17.24

0.11 (0.64%)

10:25
11/12/19
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10:25
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Conference/Events
Replimune Group participates in a conference call with JPMorgan »

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  • 12

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10:25
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11/12
10:25
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10:25
Conference/Events
UBS technology analysts to hold an analyst/industry conference call »

Technology Analysts…

LH

LabCorp

$165.45

-0.29 (-0.17%)

10:23
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10:23
Syndicate
Breaking Syndicate news story on LabCorp »

LabCorp files automatic…

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CRWD

Crowdstrike

$47.57

1.39 (3.01%)

, TEVA

Teva

$9.36

0.03 (0.32%)

10:21
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On The Fly
JPMorgan gets less bearish on Xerox among today's top calls on Wall Street »

Check out today's top…

CRWD

Crowdstrike

$47.57

1.39 (3.01%)

TEVA

Teva

$9.36

0.03 (0.32%)

AMRX

Amneal Pharmaceuticals

$2.69

0.05 (1.89%)

XRX

Xerox

$38.05

-0.28 (-0.73%)

HPQ

HP Inc.

$19.33

-0.31 (-1.58%)

AMAT

Applied Materials

$56.81

0.21 (0.37%)

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UCBJY

UCB

$0.00

(0.00%)

10:20
11/12/19
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10:20
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10:20
Conference/Events
UCB participates in a conference call with JPMorgan »

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AMRN

Amarin

$19.92

3.02 (17.87%)

10:18
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On The Fly
Analysts see good odds of Amarin's Vascepa label expansion after docs posted »

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

10:17
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Technical Analysis
NASDAQ market internals summary »

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ARLO

Arlo Technologies

$2.84

0.18 (6.77%)

, CCC

Clarivate Analytics

$17.22

0.13 (0.76%)

10:16
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Fly Intel: Top five analyst initiations »

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ARLO

Arlo Technologies

$2.84

0.18 (6.77%)

CCC

Clarivate Analytics

$17.22

0.13 (0.76%)

STOK

Stoke Therapeutics

$30.87

1.04 (3.49%)

BMRN

BioMarin

$75.96

0.72 (0.96%)

BIIB

Biogen

$291.50

-2.41 (-0.82%)

AMGN

Amgen

$223.35

2.66 (1.21%)

CTVA

Corteva

$27.06

0.32 (1.20%)

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CSX

CSX

$72.89

-1.04 (-1.41%)

, ETN

Eaton

$91.78

-0.09 (-0.10%)

10:16
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Initiation
Fly Intel: Top five analyst downgrades »

Catch up on today's…

CSX

CSX

$72.89

-1.04 (-1.41%)

ETN

Eaton

$91.78

-0.09 (-0.10%)

AMRX

Amneal Pharmaceuticals

$2.71

0.07 (2.65%)

ALB

Albemarle

$67.47

-0.25 (-0.37%)

BOX

Box

$15.93

-0.52 (-3.16%)

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ARGO

Argo Group

$63.82

2.54 (4.14%)

, LYV

Live Nation

$64.79

0.32 (0.50%)

10:16
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Upgrade
Fly Intel: Top five analyst upgrades »

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ARGO

Argo Group

$63.82

2.54 (4.14%)

LYV

Live Nation

$64.79

0.32 (0.50%)

RCII

Rent-A-Center

$23.13

0.78 (3.49%)

CRWD

Crowdstrike

$47.25

1.07 (2.32%)

TEVA

Teva

$9.40

0.07 (0.75%)

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$NYE

NYSE Market Internals

$0.00

(0.00%)

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Technical Analysis
NYSE market internals summary »

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DIS

Disney

$138.17

1.43 (1.05%)

10:15
11/12/19
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Periodicals
Disney tells CNBC streaming service launch exceeds 'high expectations' »

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S

Sprint

$5.90

-0.01 (-0.17%)

10:15
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Options
Sprint put volume heavy and directionally bearish »

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  • 09

    Dec

IDRA

Idera Pharmaceuticals

$2.29

0.06 (2.69%)

10:15
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Conference/Events
Idera Pharmaceuticals participates in a conference call with JPMorgan »

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