Breaking News Instant updates and real-time market news.

USB

U.S. Bancorp

$50.20

0.3 (0.60%)

06:49
04/17/19
04/17
06:49
04/17/19
06:49

U.S. Bancorp reports Q1 net interest margin 3.16%

The net interest margin in the first quarter was 3.16%, compared with 3.13% in the first quarter of 2018 and 3.15% in the fourth quarter of 2018. The increase in the net interest margin year-over-year was primarily due to rising interest rates, higher reinvestment rates on maturing securities, and loan portfolio mix, partially offset by deposit and funding mix. The increase in net interest margin on a linked quarter basis was primarily due to loan portfolio mix, lower cash balances, and the impact of the fourth quarter rate hike on assets, partially offset by the impact of deposit and funding mix.

  • 17

    Apr

  • 29

    May

USB U.S. Bancorp
$50.20

0.3 (0.60%)

01/28/19
BARD
01/28/19
DOWNGRADE
Target $55
BARD
U.S. Bancorp downgraded to Neutral following recent rally at Baird
As reported previously, Baird analyst David George downgraded U.S. Bancorp to Neutral from Outperform. The analyst cited its recent rally and outperformance of the banking index relative to the market. He said the risk/reward is now more balanced and noted that the stock trades at a slight premium to peers. George maintained his $55 price target on U.S. Bancorp shares.
01/28/19
01/28/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Autohome (ATHM) downgraded to Underweight from Neutral at JPMorgan with analyst Binbin Ding saying he expects the company to see weakened pricing power amid a "challenging" market environment. 2. Vale (VALE) downgraded to Hold from Buy at HSBC and Jefferies, to Neutral from Outperform at Macquarie, and to Market Perform from Outperform at BMO Capital. 3. Amgen (AMGN) downgraded to In Line from Outperform at Evercore ISI with analyst Umer Raffat citing increased biosimilar competition and an imminent court decision on Enbrel patents with Sandoz. 4. Dynagas LNG (DLNG) downgraded to Neutral from Buy at B. Riley FBR with analyst Liam Burke saying the company "significantly" reduced its cash distribution in order to strengthen its balance sheet. 5. SunTrust (STI) and U.S. Bancorp (USB) were downgraded to Neutral from Outperform at Baird. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
02/08/19
02/08/19
NO CHANGE

Odeon's Bove says buy SunTrust, Midwest banks after deal announcement
Odeon analyst Dick Bove recommends investors buy shares of SunTrust (STI) following the company's announcement of an agreement to merge with BB&T (BBT), stating that the deal is expected to be accretive by 2021, but likely to be dilutive before this time. He also thinks investors should consider buying a group of Midwestern banks, as the deal puts "significant pressure" on those banks to merge. Banks such as Fifth Third (FITB) and KeyCorp (KEY) "need to join forces," while PNC (PNC) and U.S. Bancorp (USB) "need to buy more scale," Bove stated in his research note.
03/25/19
JEFF
03/25/19
NO CHANGE
JEFF
Jefferies downgrades Financials to Underweight on 'shocking' Fed meeting
Jefferies analyst Steven DeSanctis is "very surprised" by last week's Federal Reserve's decision taking rate hikes completely off table in 2019. The "shocking" Fed meeting means lower rates for longer, which is not good for Financials, DeSanctis tells investors in a research note. A "lack of catalysts and weaker earnings growth" going forward for the entire sector, not just banks, means an Underweight rating on the space makes sense, says the analyst. As such, he downgraded his rating on the Financial sector to Underweight from Market Weight. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).

TODAY'S FREE FLY STORIES

HESM

Hess Midstream Partners

$22.89

0.09 (0.39%)

08:11
04/25/19
04/25
08:11
04/25/19
08:11
Hot Stocks
Hess Midstream reaffirms FY19 consolidated adjusted EBITDA view $550M-$575M »

Hess Midstream is…

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

  • 25

    Apr

  • 08

    May

MSFT

Microsoft

$125.00

-0.5 (-0.40%)

, AMZN

Amazon.com

$1,900.72

-23.36 (-1.21%)

08:10
04/25/19
04/25
08:10
04/25/19
08:10
Recommendations
Microsoft, Amazon.com analyst commentary at Wedbush »

Microsoft price target…

MSFT

Microsoft

$125.00

-0.5 (-0.40%)

AMZN

Amazon.com

$1,900.72

-23.36 (-1.21%)

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

  • 25

    Apr

  • 28

    Apr

  • 10

    May

  • 22

    May

  • 03

    Jun

  • 03

    Jun

  • 08

    Jun

  • 10

    Jun

  • 23

    Jun

  • 06

    Aug

HESM

Hess Midstream Partners

$22.89

0.09 (0.39%)

08:10
04/25/19
04/25
08:10
04/25/19
08:10
Earnings
Hess Midstream Partners reports Q1 EPS 32c, consensus 33c »

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

  • 25

    Apr

  • 08

    May

FRME

First Merchants

$38.41

-0.05 (-0.13%)

08:10
04/25/19
04/25
08:10
04/25/19
08:10
Earnings
First Merchants reports Q1 EPS 78c, consensus 79c »

Reports Q1 tangible book…

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

  • 25

    Apr

  • 09

    May

TSCO

Tractor Supply

$104.09

0.88 (0.85%)

08:08
04/25/19
04/25
08:08
04/25/19
08:08
Earnings
Tractor Supply backs FY19 EPS view $4.60-$4.75, consensus $4.64 »

Backs FY19 revenue view…

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

  • 25

    Apr

  • 09

    May

  • 15

    May

  • 13

    Nov

GILD

Gilead

$62.82

-0.19 (-0.30%)

08:08
04/25/19
04/25
08:08
04/25/19
08:08
Hot Stocks
Gilead says selonsertib Phase 3 STELLAR-3 Study did not meet primary endpoint »

Gilead Sciences 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

  • 28

    Apr

  • 02

    May

  • 03

    May

  • 06

    May

  • 08

    May

  • 18

    May

NOW

ServiceNow

$242.41

-1.085 (-0.45%)

08:08
04/25/19
04/25
08:08
04/25/19
08:08
Recommendations
ServiceNow analyst commentary  »

ServiceNow price target…

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

    May

ITW

Illinois Tool Works

$156.78

-1.14 (-0.72%)

08:07
04/25/19
04/25
08:07
04/25/19
08:07
Earnings
Illinois Tool Works backs FY19 EPS view $7.90-$8.20, consensus $7.94 »

Organic revenue growth is…

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

  • 25

    Apr

  • 03

    May

TSCO

Tractor Supply

$104.09

0.88 (0.85%)

08:06
04/25/19
04/25
08:06
04/25/19
08:06
Earnings
Tractor Supply reports Q1 EPS 63c, consensus 55c »

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

  • 25

    Apr

  • 09

    May

  • 15

    May

  • 13

    Nov

OKE

Oneok

$70.04

0.19 (0.27%)

08:06
04/25/19
04/25
08:06
04/25/19
08:06
Hot Stocks
Oneok investing $100M for construction of Bakken NGL pipeline extension »

Oneok plans to invest…

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

  • 01

    May

  • 22

    May

FND

Floor & Decor

$48.05

0.69 (1.46%)

08:06
04/25/19
04/25
08:06
04/25/19
08:06
Recommendations
Floor & Decor analyst commentary at Wedbush »

Floor & Decor price…

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

  • 16

    May

08:06
04/25/19
04/25
08:06
04/25/19
08:06
Conference/Events
FDA Anti-Microbial Drugs Advisory Committee to hold a meeting »

The Committee discusses…

FCX

Freeport McMoRan

$13.57

0.115 (0.85%)

08:06
04/25/19
04/25
08:06
04/25/19
08:06
Hot Stocks
Freeport McMoRan sees FY19 copper sales of approx. 3.3B pounds »

Consolidated sales 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

  • 25

    Apr

TWST

Twist Bioscience

$33.41

0.41 (1.24%)

08:06
04/25/19
04/25
08:06
04/25/19
08:06
Hot Stocks
Twist Bioscience announces synthetic DNA biosecurity publication in Frontiers »

Twist Bioscience…

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

CRS

Carpenter Technology

$50.49

-0.22 (-0.43%)

08:05
04/25/19
04/25
08:05
04/25/19
08:05
Earnings
Carpenter Technology reports Q3 EPS $1.05 including benefit, consensus 83c »

Reports Q3 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

  • 25

    Apr

HFWA

Heritage Financial

$31.37

0.38 (1.23%)

08:05
04/25/19
04/25
08:05
04/25/19
08:05
Earnings
Heritage Financial reports Q1 EPS 45c, consensus 49c »

Reports Q1 loan loss…

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

  • 25

    Apr

  • 01

    May

  • 01

    May

08:05
04/25/19
04/25
08:05
04/25/19
08:05
General news
U.S. durable goods preview: »

U.S. durable goods…

08:05
04/25/19
04/25
08:05
04/25/19
08:05
General news
Oil Action: WTI crude »

Oil Action: WTI crude is…

08:05
04/25/19
04/25
08:05
04/25/19
08:05
General news
U.S equities are mixed »

U.S equities are mixed in…

FCX

Freeport McMoRan

$13.57

0.115 (0.85%)

08:05
04/25/19
04/25
08:05
04/25/19
08:05
Earnings
Freeport McMoRan reports Q1 adjusted EPS 5c, consensus 8c »

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

  • 25

    Apr

ITW

Illinois Tool Works

$156.78

-1.14 (-0.72%)

08:04
04/25/19
04/25
08:04
04/25/19
08:04
Earnings
Illinois Tool Works reports Q1 EPS $1.81, consensus $1.81 »

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

  • 25

    Apr

  • 03

    May

CAT

Caterpillar

$137.68

-4.4 (-3.10%)

08:04
04/25/19
04/25
08:04
04/25/19
08:04
Recommendations
Caterpillar analyst commentary at Argus »

Caterpillar's recent…

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

    Jun

DVA

DaVita

$54.03

1.01 (1.90%)

08:03
04/25/19
04/25
08:03
04/25/19
08:03
Hot Stocks
DaVita contracts with Longroad Energy on two virtual power purchase agreements »

By 2022, DaVita expects…

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

CMG

Chipotle

$710.00

7.61 (1.08%)

08:03
04/25/19
04/25
08:03
04/25/19
08:03
Recommendations
Chipotle analyst commentary at Wedbush »

Chipotle price target…

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

    May

  • 29

    May

FTDR

Frontdoor

$34.32

0.63 (1.87%)

08:03
04/25/19
04/25
08:03
04/25/19
08:03
Initiation
Frontdoor initiated at Raymond James »

Frontdoor 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

  • 29

    Apr

  • 08

    May

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.