Breaking News Instant updates and real-time market news.

ERIC

Ericsson

$9.66

-0.19 (-1.93%)

07:44
04/16/19
04/16
07:44
04/16/19
07:44

China probes Ericsson over licensing amid rising 5G competition, WSJ says

About 20 investigators form China's State Administration for Market Regulation raided Ericsson's Beijing office Friday following complaints regarding the company's intellectual property-licensing practices, the Wall Street Journal's Yoko Kubota and Dan Strumpf report, citing a person familiar with the matter and an Ericsson spokesman. The move comes as Chinese rival Huawei Technologies looks to counter a U.S. campaign to limits its business amid rising competition to shape next-generation 5G networks and Ericsson is cooperating with the investigation. Reference Link

  • 17

    Apr

ERIC Ericsson
$9.66

-0.19 (-1.93%)

04/15/19
GSCO
04/15/19
DOWNGRADE
Target $5.5
GSCO
Sell
Goldman sees risks to Nokia estimates, downgrades shares to Sell
Goldman Sachs analyst Alexander Duval downgraded Nokia (NOK) to Sell from Neutral and cut his price target for the shares to $5.50 from $6.40. Consensus estimates have further downside as analysts factor in lower Networks revenues, a more conservative margin trajectory and "more muted" growth in the Nokia's "highly profitable" Patents business, Duval tells investors in a research note. The analyst reduced his Networks growth rate on "subseasonal" growth in the first half of 2019 as well as management's "cautious" statements. Duval says these contrast with his industry discussions suggesting a wireless market growth inflection, due to 5G. He sees risks to Nokia's market share "given newsflow implying share gains by its main competitor, Ericsson" (ERIC).
03/26/19
MKMP
03/26/19
NO CHANGE
Target $8
MKMP
Buy
Nokia a top pick for 'steadily moving forward' 5G market, says MKM Partners
MKM Partners analyst Michael Genovese kept his Buy rating and $8 price target on Nokia (NOK), maintaining his view of the company as the "top pick for 5G", which he sees as "steadily moving forward". The analyst notes that the stock outperformed the Nasdaq by 10% over the past 6 months but underperformed the index by 8% over the past 3 months on investors perceptions that the rollout is proceeding slowly. Genovese adds that the most recent headwinds of wrongdoing in the company's Alcatel-Lucent transactions are unlikely to be material, and maintains that Nokia should be favored over Ericson (ERIC) in 5G because of its "greater exposure to IP Routing, Optical and Wireline".
01/10/19
JPMS
01/10/19
NO CHANGE
JPMS
Neutral
Ericsson restructuring of BSS a 'slight positive' for Amdocs, says JPMorgan
After Ericsson (ERIC) announced that it will be taking about $685M in restructuring charges in the fourth quarter to reshape its Business Support System, or BSS, business, JPMorgan analyst Jackson Ader called the news a "slight positive" for Amdocs (DOX). Ericsson's announcement gives more credence to Amdocs' contention that it has competed well against the equipment providers in the BSS space, it shows that the BSS market is strategic enough to warrant increased focus, and it likely gives Amdocs a leg up in the early stages of the 5G rollout, Ader tells investors. He maintains a Neutral rating on Amdocs shares.
12/20/18
12/20/18
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Humana (HUM) upgraded to Overweight from Neutral at JPMorgan with analyst Gary Taylor saying the upgrade reflects the "significant" recent pullback in the shares, Humana's accelerating market share gains, its "attractive" Medicare Advantage exposure, and "conservative" balance sheet. 2. Ericsson (ERIC) upgraded to Market Perform from Underperform at Raymond James. 3. Patterson-UTI (PTEN) and Halliburton (HAL) were upgraded to Buy from Hold at Societe Generale. 4. PPG (PPG) upgraded to Outperform from Sector Perform at RBC Capital with analyst Arun Viswanathan citing the potential tailwind coming from more favorable pricing in raw materials like oil and titanium dioxide. 5. Synovus (SNV) upgraded to Outperform from Neutral at Baird with analyst Garrett Holland saying core trends should remain solid with better relative loan growth, rising capital return and further efficiency improvement. 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

BBL

BHP Billiton plc

$48.94

0.225 (0.46%)

16:24
04/22/19
04/22
16:24
04/22/19
16:24
Downgrade
BHP Billiton plc rating change  »

BHP Billiton plc…

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

O

Realty Income

$67.89

-0.66 (-0.96%)

16:23
04/22/19
04/22
16:23
04/22/19
16:23
Earnings
Realty Income raises FY19 AFFO view to $3.28-$3.33 from $3.25-$3.31 »

Consensus is for FY19 FFO…

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

  • 02

    May

  • 14

    May

GES

Guess

$16.66

-0.41 (-2.40%)

16:23
04/22/19
04/22
16:23
04/22/19
16:23
Hot Stocks
Guess cuts dividend to 11.25c per share from 22.5c »

The company states 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

BHP

BHP Group

$55.14

0.19 (0.35%)

16:23
04/22/19
04/22
16:23
04/22/19
16:23
Downgrade
BHP Group rating change  »

BHP Group downgraded 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

AEP

American Electric

$82.92

-0.04 (-0.05%)

, SRE

Sempra Energy

$125.35

-2.07 (-1.62%)

16:22
04/22/19
04/22
16:22
04/22/19
16:22
Hot Stocks
American Electric: Purchase of wind assets from Sempra 'immediately accretive' »

American Electric Power…

AEP

American Electric

$82.92

-0.04 (-0.05%)

SRE

Sempra Energy

$125.35

-2.07 (-1.62%)

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

    Apr

  • 25

    Apr

  • 30

    Apr

  • 09

    May

  • 21

    May

O

Realty Income

$67.89

-0.66 (-0.96%)

16:21
04/22/19
04/22
16:21
04/22/19
16:21
Hot Stocks
Realty Income acquires twelve properties in UK for GBP429M and raises FY19 FFO »

Realty Income has signed…

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

  • 02

    May

  • 14

    May

VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

16:20
04/22/19
04/22
16:20
04/22/19
16:20
Options
Closing CBOE SPX and VIX Index summary for April 22nd »

The CBOE Volatility Index…

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

VCYT

Veracyte

$23.04

0.02 (0.09%)

16:19
04/22/19
04/22
16:19
04/22/19
16:19
Hot Stocks
Veracyte gets regulatory authorization to offer Envisia Genomic Classifier in NY »

Veracyte 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

  • 24

    Apr

  • 30

    Apr

  • 05

    Jun

CMRE

Costamare

$5.65

-0.09 (-1.57%)

16:19
04/22/19
04/22
16:19
04/22/19
16:19
Earnings
Costamare reports Q1 adj. EPS 12c, consensus 9c »

Reports Q1 revenue $113M,…

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

    Apr

AEP

American Electric

$82.92

-0.04 (-0.05%)

16:19
04/22/19
04/22
16:19
04/22/19
16:19
Earnings
Breaking Earnings news story on American Electric »

American Electric…

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

    Apr

  • 25

    Apr

  • 30

    Apr

TSLA

Tesla

$262.90

-10.35 (-3.79%)

16:19
04/22/19
04/22
16:19
04/22/19
16:19
Hot Stocks
Tesla says Autopilot does a 'decent job' in snowy conditions »

Says Autopilot today does…

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

    Apr

  • 24

    Apr

NOG

Northern Oil and Gas

$2.73

0.125 (4.81%)

16:18
04/22/19
04/22
16:18
04/22/19
16:18
Hot Stocks
Northern Oil and Gas to acquire Williston Basin properties of VEN Bakken »

Northern Oil and Gas,…

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

NBTB

NBT Bancorp

$36.77

-0.28 (-0.76%)

16:18
04/22/19
04/22
16:18
04/22/19
16:18
Earnings
NBT Bancorp reports Q1 EPS 66c, consensus 63c »

Noninterest income 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

  • 13

    May

  • 21

    May

WHR

Whirlpool

$139.39

0.35 (0.25%)

16:17
04/22/19
04/22
16:17
04/22/19
16:17
Hot Stocks
Breaking Hot Stocks news story on Whirlpool »

Whirlpool up 5.8% 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

  • 23

    Apr

JMP

JMP Group

$3.99

(0.00%)

16:17
04/22/19
04/22
16:17
04/22/19
16:17
Hot Stocks
JMP Group announces extension of share repurchase program »

JMP Group LLC 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

  • 23

    May

KAR

KAR Auction

$55.91

-0.59 (-1.04%)

16:17
04/22/19
04/22
16:17
04/22/19
16:17
Hot Stocks
Insurance Auto Auctions appoints Vance Johnston as CFO »

Insurance Auto Auctions,…

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

  • 03

    Jun

  • 13

    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
04/22/19
04/22
16:17
04/22/19
16:17
Technical Analysis
NASDAQ market internals summary »

Volume was 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

FBK

FB Financial

$33.76

-0.9 (-2.60%)

16:17
04/22/19
04/22
16:17
04/22/19
16:17
Earnings
FB Financial reports Q1 adjusted EPS 66c, consensus 59c »

Reports Q1 revenue…

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

    Apr

  • 01

    May

  • 02

    May

  • 15

    May

  • 16

    May

  • 05

    Jun

BOH

Bank of Hawaii

$81.30

0.54 (0.67%)

16:17
04/22/19
04/22
16:17
04/22/19
16:17
Downgrade
Bank of Hawaii rating change  »

Bank of Hawaii 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

  • 22

    Apr

  • 26

    Apr

WHR

Whirlpool

$139.39

0.35 (0.25%)

16:16
04/22/19
04/22
16:16
04/22/19
16:16
Hot Stocks
Whirlpool CEO says 'we delivered another strong quarter' »

"We delivered…

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

    Apr

CTRC

Centric Brands

$3.84

-0.04 (-1.03%)

16:16
04/22/19
04/22
16:16
04/22/19
16:16
Hot Stocks
Centric Brands receives notification of deficiency from Nasdaq »

Centric Brands Inc.…

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

TTD

Trade Desk

$211.14

12.38 (6.23%)

16:16
04/22/19
04/22
16:16
04/22/19
16:16
Initiation
Trade Desk initiated at Needham »

Trade Desk initiated 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

  • 30

    Apr

  • 09

    May

$NYE

NYSE Market Internals

$0.00

(0.00%)

16:16
04/22/19
04/22
16:16
04/22/19
16:16
Technical Analysis
NYSE market internals summary »

Volume was below 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

ZION

Zions Bancorp

$46.68

-0.63 (-1.33%)

16:15
04/22/19
04/22
16:15
04/22/19
16:15
Earnings
Zions Bancorp reports Q1 EPS $1.04, consensus $1.05 »

Reports Q1 net…

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

    Apr

WHR

Whirlpool

$139.39

0.35 (0.25%)

16:15
04/22/19
04/22
16:15
04/22/19
16:15
Hot Stocks
Breaking Hot Stocks news story on Whirlpool »

Whirlpool sees FY19 CapEx…

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

    Apr

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.