Breaking News Instant updates and real-time market news.

CCL

Carnival

$55.15

0.34 (0.62%)

, RCL

Royal Caribbean

$123.68

-0.42 (-0.34%)

13:23
04/17/19
04/17
13:23
04/17/19
13:23

Trump to reverse Obama's Cuba engagement policies, Miami Herald reports

The Trump administration is tightening restrictions on travel and remittances to Cuba, reversing the engagement policies of President Obama, Nora Gamez Torres of Miami Herald reports. The moves, which will be announced this afternoon during a speech by National Security Advisor John Bolton, are intended to increase pressure on the island's government in response to its support of the Nicolas Maduro regime in Venezuela, according to Gamez Torres. Travel to Cuba will now be limited to family visits, she adds, citing a high-ranking official who spoke on condition of anonymity. Names in the cruise line space include Carnival, Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH). Reference Link

CCL

Carnival

$55.15

0.34 (0.62%)

RCL

Royal Caribbean

$123.68

-0.42 (-0.34%)

NCLH

Norwegian Cruise Line

$59.06

0.06 (0.10%)

  • 17

    Apr

  • 29

    May

CCL Carnival
$55.15

0.34 (0.62%)

03/26/19
STFL
03/26/19
NO CHANGE
Target $70
STFL
Buy
Carnival could be under pressure until European concerns dissipate, says Stifel
Stifel analyst Steven Wieczynski keeps a Buy rating and $70 price target on Carnival following the company's Q1 results. In a research note to investors, the analyst says that while he continues to like Carnival shares for the long-term, he believe tactical investors would be better suited to use the ancillary weakness from its earnings report to add to positions in other operators across the group, notably Norwegian Cruise Line (NCLH) and Royal Caribbean (RCL). He sees pressure on Carnival shares until European concerns dissipate.
03/27/19
STFL
03/27/19
NO CHANGE
Target $65
STFL
Buy
Carnival post-earnings selloff seems 'aggressive,' says Stifel
Stifel analyst Steven Wieczynski said he believes the post-earnings selloff in shares of Carnival (CCL) has been "aggressive" and presents a compelling point of entry. He believes Carnival can deliver an adjusted EPS CAGR of about 11% over FY18-FY21, even after taking his lowered estimates into account, Wieczynski tells investors. For shorter-term investors, he would use the weakness in rivals Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH) to add to positions in those stocks, but Wieczynski continues to believe Carnival shares represent the best way to gain exposure to the cruise industry over the long-term, he noted. The analyst lowered his price target on Carnival to $65 from $70 but maintains a Buy rating on the stock.
03/27/19
NOMU
03/27/19
NO CHANGE
Target $61
NOMU
Buy
Carnival price target lowered to $61 from $66 at Nomura Instinet
Nomura Instinet analyst Harry Curtis lowered his price target for Carnival to $61 from $66 following yesterday's Q1 results. Higher oil prices hurt, but management did a poor job on the call convincing investors that there isn't additional risk related to pricing in Europe and Alaska this summer, Curtis tells investors in a post-earnings research note. "We think the risk is real," the analyst adds. However, he keeps a Buy rating on the shares.
04/15/19
BUCK
04/15/19
DOWNGRADE
BUCK
Neutral
Carnival downgraded to Neutral from Buy at Buckingham
RCL Royal Caribbean
$123.68

-0.42 (-0.34%)

03/01/19
WEDB
03/01/19
NO CHANGE
Target $140
WEDB
Outperform
Royal Caribbean added to Best Ideas List at Wedbush
Wedbush added Royal Caribbean to the Best Ideas List, telling investors that the company represents the best overall company in the cruise space with the best opportunity for risk-adjusted returns over the next two years with room for upside to estimates and a meaningful opportunity for multiple expansion given a historically large discount to the S&P currently.
03/06/19
MSCO
03/06/19
NO CHANGE
Target $54
MSCO
Equal Weight
Morgan Stanley cautious on Carnival ahead of Q1 report
Morgan Stanley analyst Jamie Rollo said the firm's qualitative survey of U.S. travel agents was somewhat more downbeat than last month while quantitative web research was mixed for Carnival (CCL) and positive for Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH). Rollo, who noted he has had a cautious view of the cruise industry for some time due to the significant amount of new capacity coming on-line, added that he is cautious on Carnival ahead of its quarterly report due in late March, stating that he sees limited room for an upgrade to its FY19 yield guidance given weakness at its European brands. He maintains Equal Weight ratings on Carnival and Royal Caribbean and an Overweight rating on Norwegian shares.
NCLH Norwegian Cruise Line
$59.06

0.06 (0.10%)

02/25/19
02/25/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Norwegian Cruise Line (NCLH) upgraded to Outperform from Neutral at Macquarie. 2. Brunswick (BC) upgraded to Overweight from Neutral at JPMorgan by analyst Steven Zaccone, who said that following recent "encouraging" data points on the marine industry, macro backdrop, and company-specific growth drivers, the setup is more favorable to own Brunswick in 2019. 3. UGI Corporation (UGI) upgraded to Buy from Neutral at UBS by analyst Shneur Gershuni, who said the 8% selloff since mid-December is an overreaction to the company's recent Q1 miss on the back of warm weather. The analyst believes UGI's strategic review of AmeriGas (APU) could "substantially increase" the company's cash flow and market capitalization if a roll-up is the outcome.4. Infinera (INFN) upgraded to Neutral from Sell at MKM Partners by analyst Michael Genovese, who said the company's commentary about new bookings was better than he expected. Genovese also noted that management's view of significant backlog growth in Q4 and expectations for another increase in Q1, but warned that there is still "significant risk" to Infinera's 2019 revenue outlook being a "high hurdle." 5. Adidas (ADDYY) upgraded to Outperform from Market Perform at Wells Fargo by analyst Tom Nikic, who said his math suggests a greater-than-expected contribution from the long-awaited democratization of the Yeezy sub-brand. The company seems to have hit a ''lull'' on new product launches for the core brand and faces headwinds from the 2018 World Cup through Q2 of 2019, but Nikic believes these challenges are well understood by investors, and the ''opening the faucet'' on the Yeezy brand can get Adidas through these 2019 challenges and allow for a ''soft landing'' on the top line in 2019. 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

LPL

LG Display

$8.35

-1.14 (-12.02%)

12:10
04/24/19
04/24
12:10
04/24/19
12:10
Downgrade
LG Display rating change  »

LG Display 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

OXY

Occidental Petroleum

$60.91

-1.44 (-2.31%)

, APC

Anadarko

$71.89

7.77 (12.12%)

12:09
04/24/19
04/24
12:09
04/24/19
12:09
On The Fly
Fly Intel: Wall Street's top stories at midday »

The major averages are…

OXY

Occidental Petroleum

$60.91

-1.44 (-2.31%)

APC

Anadarko

$71.89

7.77 (12.12%)

CVX

Chevron

$118.80

-3.2 (-2.62%)

BA

Boeing

$378.71

4.67 (1.25%)

T

AT&T

$30.75

-1.36 (-4.24%)

CAT

Caterpillar

$138.18

-3.9 (-2.74%)

CBS

CBS

$51.44

0.09 (0.18%)

VIA

Viacom

$36.81

0.53 (1.46%)

VIAB

Viacom

$29.88

0.61 (2.08%)

SAP

SAP

$127.96

13.12 (11.42%)

SLAB

Silicon Labs

$105.83

12.195 (13.02%)

EBAY

eBay

$38.25

1.59 (4.34%)

RES

RPC, Inc.

$11.10

-1.8 (-13.95%)

IRBT

iRobot

$103.20

-27.22 (-20.87%)

SNAP

Snap

$11.36

-0.63 (-5.25%)

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

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 24

    Apr

  • 26

    Apr

  • 26

    Apr

  • 29

    Apr

  • 30

    Apr

  • 02

    May

  • 06

    May

  • 07

    May

  • 07

    May

  • 07

    May

  • 08

    May

  • 09

    May

  • 10

    May

  • 10

    May

  • 10

    May

  • 14

    May

  • 14

    May

  • 18

    May

  • 20

    May

  • 22

    May

  • 22

    May

  • 29

    May

  • 05

    Jun

  • 06

    Jun

  • 12

    Jun

  • 24

    Jul

  • 13

    Nov

TDOC

Teladoc

$54.67

0.32 (0.59%)

, HUM

Humana

$249.01

0.71 (0.29%)

12:09
04/24/19
04/24
12:09
04/24/19
12:09
Recommendations
Teladoc, Humana analyst commentary at Baird »

Humana virtual primary…

TDOC

Teladoc

$54.67

0.32 (0.59%)

HUM

Humana

$249.01

0.71 (0.29%)

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

  • 01

    May

  • 22

    May

  • 23

    May

  • 05

    Jun

  • 13

    Nov

MPC

Marathon Petroleum

$60.06

-0.94 (-1.54%)

12:05
04/24/19
04/24
12:05
04/24/19
12:05
Options
Marathon Petroleum call volume above normal and directionally bullish »

Bullish option flow…

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

  • 24

    Apr

  • 08

    May

UMC

UMC

$1.94

0.015 (0.78%)

12:04
04/24/19
04/24
12:04
04/24/19
12:04
Upgrade
UMC rating change  »

UMC upgraded to Neutral…

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

LRN

K12

$31.56

-4.665 (-12.88%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
K12 falls -12.4% »

K12 is down -12.4%, or…

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

SPN

Superior Energy

$4.28

-0.685 (-13.80%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
Superior Energy falls -13.9% »

Superior Energy is down…

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

RES

RPC, Inc.

$11.04

-1.86 (-14.42%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
RPC, Inc. falls -14.2% »

RPC, Inc. is down -14.2%,…

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

  • 08

    May

  • 09

    May

  • 13

    Nov

SAP

SAP

$128.22

13.38 (11.65%)

12:01
04/24/19
04/24
12:01
04/24/19
12:01
Hot Stocks
SAP rises 11.7% »

SAP is up 11.7%, or…

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

  • 07

    May

APC

Anadarko

$71.92

7.8 (12.16%)

12:00
04/24/19
04/24
12:00
04/24/19
12:00
Hot Stocks
Anadarko rises 12.4% »

Anadarko is up 12.4%, or…

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

  • 14

    May

  • 22

    May

TRK

Speedway Motorsports

$18.50

4.52 (32.33%)

12:00
04/24/19
04/24
12:00
04/24/19
12:00
Hot Stocks
Speedway Motorsports rises 32.8% »

Speedway Motorsports 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

  • 01

    May

12:00
04/24/19
04/24
12:00
04/24/19
12:00
General news
Treasury Action: Fed funds futures are rallying alongside the surge in Treasuries »

Treasury Action: Fed…

HMST

HomeStreet

$28.08

(0.00%)

11:50
04/24/19
04/24
11:50
04/24/19
11:50
Hot Stocks
HomeStreet 'disappointed' over Blue Lion's director nominations, proposals »

HomeStreet issued 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

  • 30

    Apr

PYPL

PayPal

$107.92

1.01 (0.94%)

, FB

Facebook

$183.84

0.07 (0.04%)

11:50
04/24/19
04/24
11:50
04/24/19
11:50
Earnings
Fly Intel: What to watch in PayPal earnings report »

PayPal (PYPL) is…

PYPL

PayPal

$107.92

1.01 (0.94%)

FB

Facebook

$183.84

0.07 (0.04%)

EBAY

eBay

$38.45

1.79 (4.88%)

JPM

JPMorgan

$113.45

-0.29 (-0.25%)

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

  • 24

    Apr

  • 09

    May

  • 14

    May

  • 21

    May

  • 22

    May

  • 29

    May

  • 30

    May

  • 03

    Jun

  • 11

    Jun

  • 16

    Jul

AMRN

Amarin

$18.32

-0.07 (-0.38%)

11:45
04/24/19
04/24
11:45
04/24/19
11:45
Options
Amarin call volume above normal and directionally bullish »

Bullish option flow…

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

  • 01

    May

  • 06

    May

11:45
04/24/19
04/24
11:45
04/24/19
11:45
General news
Treasury's $20 B FRN auction was awarded at a high discount margin of 0.139% »

Treasury's $20 B FRN…

LRN

K12

$31.11

-5.115 (-14.12%)

11:40
04/24/19
04/24
11:40
04/24/19
11:40
Recommendations
K12 analyst commentary at Barrington »

Barrington reiterates…

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

$262.87

-0.98 (-0.37%)

, SSNLF

Samsung

$0.00

(0.00%)

11:40
04/24/19
04/24
11:40
04/24/19
11:40
Earnings
Fly Intel: What to watch in Tesla earnings report »

Tesla (TSLA) is scheduled…

TSLA

Tesla

$262.87

-0.98 (-0.37%)

SSNLF

Samsung

$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

  • 24

    Apr

CAT

Caterpillar

$138.82

-3.26 (-2.29%)

11:37
04/24/19
04/24
11:37
04/24/19
11:37
Hot Stocks
Breaking Hot Stocks news story on Caterpillar »

Caterpillar: Trade…

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

  • 12

    Jun

GWW

Grainger

$292.75

-0.46 (-0.16%)

11:37
04/24/19
04/24
11:37
04/24/19
11:37
Hot Stocks
Grainger authorizes repurchase of additional 5M shares »

W.W. Grainger 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

  • 24

    Apr

BKU

BankUnited

$35.97

0.24 (0.67%)

11:36
04/24/19
04/24
11:36
04/24/19
11:36
Downgrade
BankUnited rating change at Sandler ONeill »

BankUnited 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

  • 24

    Apr

  • 15

    May

GWW

Grainger

$292.73

-0.48 (-0.16%)

11:36
04/24/19
04/24
11:36
04/24/19
11:36
Hot Stocks
Grainger raises dividend by 6% to $1.44 per share »

W.W. Grainger 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

  • 24

    Apr

BBY

Best Buy

$75.08

1.48 (2.01%)

, PG

Procter & Gamble

$104.47

1.28 (1.24%)

11:36
04/24/19
04/24
11:36
04/24/19
11:36
On The Fly
Best Buy, P&G, Snap upgrades among today's top analyst calls »

Check out today's top…

BBY

Best Buy

$75.08

1.48 (2.01%)

PG

Procter & Gamble

$104.47

1.28 (1.24%)

SNAP

Snap

$11.20

-0.79 (-6.59%)

KHC

Kraft Heinz

$32.73

-0.365 (-1.10%)

AAPL

Apple

$208.23

0.73 (0.35%)

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

  • 23

    May

  • 29

    May

  • 03

    Jun

TEVA

Teva

$14.98

0.07 (0.47%)

, MYL

Mylan

$26.47

-0.13 (-0.49%)

11:35
04/24/19
04/24
11:35
04/24/19
11:35
Recommendations
Teva, Mylan, Novartis analyst commentary at Wells Fargo »

Sandoz results should not…

TEVA

Teva

$14.98

0.07 (0.47%)

MYL

Mylan

$26.47

-0.13 (-0.49%)

NVS

Novartis

$78.35

2.51 (3.31%)

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

  • 24

    Apr

  • 25

    Apr

  • 28

    Apr

  • 02

    May

  • 03

    May

  • 04

    May

  • 08

    May

  • 22

    May

  • 31

    May

YPF

YPF

$14.54

-0.35 (-2.35%)

11:35
04/24/19
04/24
11:35
04/24/19
11:35
Options
YPF put volume heavy and directionally bearish »

Bearish flow noted in YPF…

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

  • 10

    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.