Breaking News Instant updates and real-time market news.

CRZBY

Commerzbank

$0.00

(0.00%)

, UBS

UBS

$11.77

-0.355 (-2.93%)

13:08
05/13/19
05/13
13:08
05/13/19
13:08

Deutsche Bank, UBS asset management deal talks hit major hurdle, FT reports

Deutsche Bank's (DB) talks with UBS (UBS) over combining their asset management businesses have hit a major hurdle after they disagreed on who would control the merged entity, the Financial Times' Olaf Storbeck reports, citing people briefed on the talks. The stalling of the negotiations is another setback to Deutsche just weeks after it dropped lengthy talks about merging with Commerzbank (CRZBY), Storbeck notes. Deutsche and UBS said that while the talks have not fallen apart, they "currently don't have the traction they should have," the author says, citing one person familiar with the discussions. The main roadblock in talks is the relative valuation of both asset managers, the author notes. Reference Link

CRZBY

Commerzbank

$0.00

(0.00%)

UBS

UBS

$11.77

-0.355 (-2.93%)

DB

Deutsche Bank

$7.61

-0.265 (-3.37%)

  • 20

    May

  • 03

    Jun

CRZBY Commerzbank
$0.00

(0.00%)

10/09/18
JPMS
10/09/18
UPGRADE
JPMS
Overweight
Commerzbank upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Kian Abouhossein upgraded Commerzbank to Overweight with an unchanged price target of EUR 10.50.
05/02/19
JEFF
05/02/19
INITIATION
JEFF
Hold
Commerzbank initiated with a Hold at Jefferies
Jefferies started Commerzbank with a Hold rating and price target of EUR 8.10. The current share price fully reflects Commerzbank's standalone value and any potential merger would likely bring limited upside, Jefferies says in a research note.
UBS UBS
$11.77

-0.355 (-2.93%)

01/09/19
SOCG
01/09/19
DOWNGRADE
SOCG
Hold
UBS downgraded to Hold from Buy at Societe Generale
04/26/19
DZBN
04/26/19
DOWNGRADE
DZBN
Hold
UBS downgraded to Hold from Buy at DZ Bank
03/26/19
KBWI
03/26/19
DOWNGRADE
Target $13.5
KBWI
Market Perform
KBW sees 'tapered' buybacks for UBS, downgrades shares to Market Perform
UBS analyst Thomas Hallett downgraded UBS to Market Perform from Outperform and lowered his price target for the shares to $13.50 from $15.00. The stock in midday trading is up 5c to $11.86. After analyzing the events between UBS and Swiss regulator FINMA, the analyst reduced his estimates to reflect additional provisions for litigation. Hallett believes FINMA will require a temporary operational risk weight add-on in relation to litigation matters through a "staged approach." This will keep UBS' buybacks operational, "but tapered in nature," the analyst tells investors in a research note.
03/26/19
KBWI
03/26/19
DOWNGRADE
KBWI
Market Perform
UBS downgraded to Market Perform from Outperform at Keefe Bruyette
DB Deutsche Bank
$7.61

-0.265 (-3.37%)

06/01/18
RBCM
06/01/18
DOWNGRADE
RBCM
Underperform
Deutsche Bank downgraded to Underperform from Sector Perform at RBC Capital
08/13/18
BOFA
08/13/18
DOWNGRADE
Target $9
BOFA
Underperform
Deutsche Bank downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill analyst Andrew Stimpson downgraded Deutsche Bank to Underperform from Neutral saying he expects the earnings downgrade cycle to continue given CIB revenue headwinds.
08/10/18
08/10/18
DOWNGRADE

Underweight
Morgan Stanley cuts Deutsche Bank to Underweight on limited top-line visibility
As previously reported, Morgan Stanley analyst Magdalena Stoklosa downgraded Deutsche Bank to Underweight from Equal Weight, stating that while she gives management "full credit" for its cost cutting efforts, it is hard to have any visibility on the top line. She assumes 2018-20 revenue CAGR of just 1.5%, which is below the average for Eurozone banks and below managements target of 4%. While recognizing the risk of downgrading Deutsche Bank "at the bottom," Stoklosa sees current conditions as unlikely to be conducive to a near-term re-rating, she tells investors. She has an EUR9 target on the bank's shares.
08/10/18
MSCO
08/10/18
DOWNGRADE
MSCO
Underweight
Deutsche Bank downgraded to Underweight from Equal Weight at Morgan Stanley

TODAY'S FREE FLY STORIES

12:05
08/19/19
08/19
12:05
08/19/19
12:05
General news
Treasury's $87 B 3- and 6-month bill auctions were mixed »

Treasury's $87 B 3-…

BMA

Banco Macro

$34.53

-3.75 (-9.80%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Banco Macro falls -9.8% »

Banco Macro 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

BBAR

BBVA

$5.29

-0.575 (-9.80%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
BBVA falls -10.0% »

BBVA is down -10.0%, 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

PCG

PG&E

$10.29

-4.01 (-28.04%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
PG&E falls -27.9% »

PG&E is down -27.9%,…

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

EL

Estee Lauder

$197.12

17.86 (9.96%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Estee Lauder rises 9.9% »

Estee Lauder is up 9.9%,…

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

  • 19

    Aug

MYOV

Myovant Sciences

$7.90

0.92 (13.18%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Myovant Sciences rises 13.1% »

Myovant Sciences is up…

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

NM

Navios Maritime

$4.98

0.58 (13.18%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Navios Maritime rises 13.3% »

Navios Maritime is up…

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

REPYY

Repsol

$0.00

(0.00%)

11:56
08/19/19
08/19
11:56
08/19/19
11:56
Downgrade
Repsol rating change  »

Repsol 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

MLM

Martin Marietta

$254.47

-0.27 (-0.11%)

11:56
08/19/19
08/19
11:56
08/19/19
11:56
Conference/Events
Martin Marietta management to meet with Jefferies »

Meetings to be held in…

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

  • 19

    Aug

  • 20

    Aug

  • 21

    Aug

  • 13

    Nov

GGAL

Grupo Financiero

$15.57

-2.14 (-12.08%)

11:55
08/19/19
08/19
11:55
08/19/19
11:55
Options
Grupo Financiero put volume heavy and directionally bearish »

Bearish flow noted in…

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

RDS.A

Royal Dutch Shell

$56.25

0.7 (1.26%)

, RDS.B

Royal Dutch Shell

$56.37

0.815 (1.47%)

11:49
08/19/19
08/19
11:49
08/19/19
11:49
Downgrade
Royal Dutch Shell, Royal Dutch Shell rating change  »

Royal Dutch Shell…

RDS.A

Royal Dutch Shell

$56.25

0.7 (1.26%)

RDS.B

Royal Dutch Shell

$56.37

0.815 (1.47%)

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

11:37
08/19/19
08/19
11:37
08/19/19
11:37
General news
3-Month Bill Auction Total Amount data reported »

3-Month Bill Auction…

11:37
08/19/19
08/19
11:37
08/19/19
11:37
General news
6-Month Bill Auction Total Amount data reported »

6-Month Bill Auction…

GFF

Griffon

$18.28

0.45 (2.52%)

11:33
08/19/19
08/19
11:33
08/19/19
11:33
Conference/Events
Griffon management to meet with Sidoti »

Meetings to be held in…

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

    Aug

  • 22

    Aug

  • 23

    Sep

  • 25

    Sep

SPY

SPDR S&P 500 ETF Trust

$292.26

3.47 (1.20%)

, SPX

S&P 500

$0.00

(0.00%)

11:31
08/19/19
08/19
11:31
08/19/19
11:31
General news
Trump says Fed rate 'should be reduced by at least 100 basis points' »

President Donald Trump…

SPY

SPDR S&P 500 ETF Trust

$292.26

3.47 (1.20%)

SPX

S&P 500

$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

APO

Apollo Global

$34.20

2.17 (6.77%)

, TGNA

Tegna

$15.82

0.74 (4.91%)

11:29
08/19/19
08/19
11:29
08/19/19
11:29
Periodicals
Apollo tells Bloomberg didn't approach Tegna about selling stations to Tegna »

A spokesperson for Apollo…

APO

Apollo Global

$34.20

2.17 (6.77%)

TGNA

Tegna

$15.82

0.74 (4.91%)

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

    Sep

BSET

Bassett Furniture

$12.48

0.49 (4.09%)

11:25
08/19/19
08/19
11:25
08/19/19
11:25
Conference/Events
Bassett Furniture management to meet with Sidoti »

Meeting to be held in New…

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

    Aug

UBER

Uber

$35.52

0.3 (0.85%)

, SQ

Square

$64.15

1.24 (1.97%)

11:25
08/19/19
08/19
11:25
08/19/19
11:25
Periodicals
Uber names Melinda Roylett as new U.K. boss, Reuters reports »

Uber (UBER) has appointed…

UBER

Uber

$35.52

0.3 (0.85%)

SQ

Square

$64.15

1.24 (1.97%)

WE

We Company

$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

  • 19

    Aug

  • 28

    Aug

  • 28

    Aug

  • 10

    Sep

  • 27

    Oct

  • 06

    Nov

WORK

Slack Technologies

$31.00

0.995 (3.32%)

11:25
08/19/19
08/19
11:25
08/19/19
11:25
Options
Slack 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

  • 04

    Sep

11:25
08/19/19
08/19
11:25
08/19/19
11:25
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

LDL

Lydall

$20.30

0.395 (1.98%)

11:20
08/19/19
08/19
11:20
08/19/19
11:20
Conference/Events
Lydall management to meet with Sidoti »

Meeting to be held in…

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

    Aug

HCSG

Healthcare Services

$22.26

0.17 (0.77%)

11:18
08/19/19
08/19
11:18
08/19/19
11:18
Conference/Events
Healthcare Services management to meet with Sidoti »

Meetings to be held in…

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

    Aug

  • 10

    Sep

  • 11

    Sep

  • 19

    Sep

  • 13

    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
08/19/19
08/19
11:17
08/19/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is 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

VRAY

ViewRay

$4.51

0.07 (1.58%)

11:16
08/19/19
08/19
11:16
08/19/19
11:16
Recommendations
ViewRay analyst commentary at Piper Jaffray »

ViewRay prostate cancer…

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

  • 09

    Sep

$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
08/19/19
08/19
11:16
08/19/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is 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

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.