Breaking News Instant updates and real-time market news.

CRM

Salesforce

$153.70 /

-3.9 (-2.47%)

07:47
05/24/19
05/24
07:47
05/24/19
07:47

Salesforce checks point to mixed Q1, but expectations low, says Cowen

Cowen analyst J. Derrick Wood said his checks point to a mixed Q1, but stronger Q2 pipeline outlook, for Salesforce, which is scheduled to report results on June 4. Investor questions around contract structure changes, sales incentive programs, the Salesforce.org acquisition, and margin uncertainty have all placed a recent overhang on Salesforce and expectations are low heading into the report, said Wood, who thinks these issues can be cleared up and ultimately position the stock for a rebound. He maintains an Outperform rating on Salesforce shares.

  • 04

    Jun

  • 06

    Jun

  • 10

    Jun

  • 23

    Jun

CRM Salesforce
$153.70 /

-3.9 (-2.47%)

04/16/19 JEFF
Salesforce remains a top large cap pick at Jefferies
04/16/19 DADA
Blackbaud under threat from Salesforce nonprofit investment, says DA Davidson
05/15/19 OTRG
Salesforce downgraded to Mixed from Positive at OTR Global
05/15/19
Salesforce downgraded to Mixed on reduced momentum at OTR Global

TODAY'S FREE FLY STORIES

On The Fly
test3 » 23:58
01/22/20
01/22
23:58
01/22/20
23:58
TEST

DEF Company

$0.00 /

+ (+0.00%)

test

Open Full Text

ShowHide Related Items >><<
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

On The Fly
test » 23:57
01/22/20
01/22
23:57
01/22/20
23:57
TEST

DEF Company

$0.00 /

+ (+0.00%)

test

Open Full Text

ShowHide Related Items >><<
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

Syndicate
Xenon Pharmaceuticals 3.75M share Spot Secondary priced at $16.00 » 20:52
01/22/20
01/22
20:52
01/22/20
20:52
XENE

Xenon Pharmaceuticals

$16.84 /

+0.15 (+0.90%)

The deal size was…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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
    Jan
Syndicate
ImmunoGen 21.325M share Spot Secondary priced at $4.25 » 20:51
01/22/20
01/22
20:51
01/22/20
20:51
IMGN

ImmunoGen

$4.67 /

-0.04 (-0.85%)

The deal size was…

The deal size was increased to $90.6M from $75M. Jefferies, Cowen and William Blair are acting as joint book running managers for the offering.

ShowHide Related Items >><<
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
    Jan
Syndicate
SI-Bone 4.3M share Secondary priced at $21.50 per share » 20:34
01/22/20
01/22
20:34
01/22/20
20:34
SIBN

SI-Bone

$22.03 /

+0.13 (+0.59%)

Morgan Stanley and BofA…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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
    Jan
Earnings
Notable companies reporting before tomorrow's open » 20:25
01/22/20
01/22
20:25
01/22/20
20:25
PG

Procter & Gamble

$126.31 /

+0.2 (+0.16%)

, UNP

Union Pacific

$181.16 /

-1.34 (-0.73%)

, KMB

Kimberly-Clark

$144.55 /

-0.04 (-0.03%)

, VFC

VF Corp.

$94.55 /

-0.08 (-0.08%)

, LUV

Southwest

$53.48 /

-0.06 (-0.11%)

, MTB

M&T Bank

$161.91 /

+1.025 (+0.64%)

, KEY

KeyCorp

$19.62 /

+0.115 (+0.59%)

, HBAN

Huntington Bancshares

$14.75 /

+0.135 (+0.92%)

, AAL

American Airlines

$27.32 /

+0.11 (+0.40%)

, JBLU

JetBlue

$19.80 /

+0.71 (+3.72%)

Notable companies…

Notable companies reporting before tomorrow's open, with earnings consensus, include Procter & Gamble (PG), consensus $1.37... Union Pacific (UNP), consensus $2.04... Kimberly-Clark (KMB), consensus $1.70... V.F. Corp. (VFC), consensus $1.21... Southwest Airlines (LUV), consensus $1.09... M&T Bank (MTB), consensus $3.47... KeyCorp (KEY), consensus 48c... Huntington Bancshares (HBAN), consensus 31c... American Airlines (AAL), consensus $1.15... JetBlue Airways (JBLU), consensus 55c.

ShowHide Related Items >><<
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

Initiation
Aspen Aerogels initiated with a Buy at B. Riley FBR » 20:19
01/22/20
01/22
20:19
01/22/20
20:19
ASPN

Aspen Aerogels

$10.33 /

+0.36 (+3.61%)

B. Riley FBR initiated…

B. Riley FBR initiated coverage of Aspen Aerogels with a Buy rating and $13 price target.

ShowHide Related Items >><<
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

Hot Stocks
Synthorx trading halted, pending information request  19:53
01/22/20
01/22
19:53
01/22/20
19:53
THOR

Synthorx

$67.99 /

+ (+0.00%)

 
ShowHide Related Items >><<
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

Hot Stocks
PG&E reaches agreement with ad hoc noteholder committee » 19:36
01/22/20
01/22
19:36
01/22/20
19:36
PCG

PG&E

$12.55 /

-0.66 (-5.00%)

PG&E Corporation and…

PG&E Corporation and Pacific Gas and Electric Company have reached an agreement with all claim holders who executed commitment letters in support of the alternative Chapter 11 Plan of Reorganization filed by the Ad Hoc Committee of Senior Unsecured Noteholders in PG&E's Chapter 11 cases. The Ad Hoc Noteholder Committee will withdraw its Alternative Plan of Reorganization and support the PG&E Plan upon entry of an order approving the Restructuring Support Agreement by the Bankruptcy Court. The agreement resolves all issues related to the treatment of pre-petition funded debt of the utility, including post-petition interest amounts and make-whole premiums, under PG&E's Chapter 11 Plan of Reorganization.

ShowHide Related Items >><<
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

Hot Stocks
Coastal Community Bank names Andrew Stines chief risk officer » 19:11
01/22/20
01/22
19:11
01/22/20
19:11
CCB

Coastal Financial

$17.29 /

-0.18 (-1.03%)

Coastal Community Bank…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Hot Stocks
Fly Intel: After Hours Movers » 19:00
01/22/20
01/22
19:00
01/22/20
19:00
SLM

Sallie Mae

$9.09 /

+0.25 (+2.83%)

, TER

Teradyne

$73.57 /

+2.04 (+2.85%)

, PTC

PTC

$80.06 /

+1.13 (+1.43%)

, STLD

Steel Dynamics

$32.02 /

+0.11 (+0.34%)

, CTXS

Citrix

$119.16 /

+1.37 (+1.16%)

, PAYC

Paycom

$303.73 /

+3.96 (+1.32%)

, FUL

H.B. Fuller

$49.18 /

+0.095 (+0.19%)

, TXN

Texas Instruments

$133.38 /

+2.53 (+1.93%)

, IMGN

ImmunoGen

$4.67 /

-0.04 (-0.85%)

, XENE

Xenon Pharmaceuticals

$16.84 /

+0.15 (+0.90%)

, AVNW

Aviat Networks

$14.70 /

+0.09 (+0.62%)

UP AFTER EARNINGS: Sallie…

UP AFTER EARNINGS: Sallie Mae (SLM) up 21.0%... Teradyne (TER) up 9.4%... PTC Inc (PTC) up 8.0%... Steel Dynamics (STLD) up 5.6%... Citrix (CTXS) up 4.7%. ALSO HIGHER: Paycom (PAYC) up 4.2% after entering S&P500 index. DOWN AFTER EARNINGS: HB Fuller (FUL) down 1.6%... Texas Instruments (TXN) down 1.3%. ALSO LOWER: Immunogen (IMGN) down 3.4% after equity offering... Xenon Pharma (XENE) down 2.9% after equity offering... Aviat Networks (AVNW) down 2.1% after cutting Q2, FY20 guidance due to cyberattack. Movers as of 18:40ET.

ShowHide Related Items >><<
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
    Jan
  • 21
    Jan
Syndicate
Tetraphase announces $17.5M of financings priced at-the-market » 18:50
01/22/20
01/22
18:50
01/22/20
18:50
TTPH

Tetraphase

$3.84 /

+0.97 (+33.80%)

Tetraphase…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Initiation
J.M. Smucker initiated with a Hold at Jefferies » 18:39
01/22/20
01/22
18:39
01/22/20
18:39
SJM

J.M. Smucker

$107.00 /

-0.77 (-0.71%)

Jefferies analyst Rob…

Jefferies analyst Rob Dickerson initiated coverage of J.M. Smucker with a Hold rating and $109 price target. The analyst notes that at 11-times his expected EBITDA, the stock is not expensive. However, he is concerned with the company's execution missteps in the pet food business, continued pressure in consumer retail, and volatility in its coffee business, which have led to flat revenues and profits over the past 5 years.

ShowHide Related Items >><<
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

Hot Stocks
Myriad Genetics submits sPMA application to FDA for myChoice CDx test » 18:37
01/22/20
01/22
18:37
01/22/20
18:37
MYGN

Myriad Genetics

$28.71 /

+0.34 (+1.20%)

Myriad Genetics announced…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Initiation
Hershey initiated with a Hold at Jefferies » 18:36
01/22/20
01/22
18:36
01/22/20
18:36
HSY

Hershey

$152.45 /

-0.355 (-0.23%)

Jefferies analyst Rob…

Jefferies analyst Rob Dickerson initiated coverage of Hershey with a Hold rating and $157 price target. The analyst is positive on the company's "solid top brands, pricing power, and under-levered balance sheet", but he also cites its sub-2% organic growth since Q4 of 2016, limited margin expansion potential, and a 35% valuation premium relative to the sector average, which he believes "appropriately discount" Hersey's expected free cash flow growth and optionality.

ShowHide Related Items >><<
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

Recommendations
Piper Sandler says 'incrementally positive' on Deciphera » 18:32
01/22/20
01/22
18:32
01/22/20
18:32
DCPH

Deciphera

$66.79 /

+0.2 (+0.30%)

Piper Sandler analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Initiation
B&G Foods initiated with a Hold at Jefferies » 18:28
01/22/20
01/22
18:28
01/22/20
18:28
BGS

B&G Foods

$16.25 /

+0.195 (+1.21%)

Jefferies analyst Rob…

Jefferies analyst Rob Dickerson initiated coverage of B&G Foods with a Hold rating and $15 price target. The analyst cites the company's decelerating tracked-channel retail trends, relatively low gross margin, 500bps decline in operating margin over the past 5 years, high leverage with an industry-high dividend yield, and little available cash to invest in brand support.

ShowHide Related Items >><<
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

Initiation
Calavo Growers initiated with a Hold at Jefferies » 18:25
01/22/20
01/22
18:25
01/22/20
18:25
CVGW

Calavo Growers

$80.49 /

+0.23 (+0.29%)

Jefferies analyst Rob…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Initiation
Lamb Weston assumed with a Hold at Jefferies » 18:21
01/22/20
01/22
18:21
01/22/20
18:21
LW

Lamb Weston

$91.19 /

+0.01 (+0.01%)

Jefferies analyst Rob…

Jefferies analyst Rob Dickerson assumed coverage of Lamb Weston with a Hold rating and $96 price target. The analyst says the company has benefited from its "impressive" pricing power, limited competition, and large scale over the past 3 years, but as it laps one-off benefits next year, he prefers to be on the sidelines given the near-term deceleration risk for the stock.

ShowHide Related Items >><<
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

Initiation
Flowers Foods initiated with a Hold at Jefferies » 18:18
01/22/20
01/22
18:18
01/22/20
18:18
FLO

Flowers Foods

$21.75 /

-0.27 (-1.23%)

Jefferies analyst Rob…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Initiation
Kellogg initiated with a Hold at Jefferies » 18:15
01/22/20
01/22
18:15
01/22/20
18:15
K

Kellogg

$70.25 /

-0.32 (-0.45%)

Jefferies analyst Rob…

Jefferies analyst Rob Dickerson initiated coverage of Kellogg with a Hold rating and $74 price target. The analyst notes that if North America cereal consumption trends improve and its emerging market share gains continue, the stock could be an "emerging growth story". Dickerson notes however that the valuation on Kellogg is "fair" as he prefers to see sustainable consumption trend improvements before turning more constructive on the stock.

ShowHide Related Items >><<
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

Initiation
General Mills initiated with a Hold at Jefferies » 18:12
01/22/20
01/22
18:12
01/22/20
18:12
GIS

General Mills

$53.97 /

-0.37 (-0.68%)

, WMT

Walmart

$116.10 /

+0.53 (+0.46%)

, K

Kellogg

$70.25 /

-0.32 (-0.45%)

Jefferies analyst Rob…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Initiation
J & J Snack Foods initiated with a Hold at Jefferies » 18:07
01/22/20
01/22
18:07
01/22/20
18:07
JJSF

J & J Snack Foods

$183.94 /

-0.28 (-0.15%)

Jefferies analyst Rob…

Jefferies analyst Rob Dickerson initiated coverage of J & J Snack Foods with a Hold rating and $200 price target. The analyst is positive on the company's overcapitalized position, clean balance sheet and "sticky" customer base, but he is concerned with its 40-times enterprise value to expected EBITDA valuation, which is nearly an all-time high.

ShowHide Related Items >><<
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

Initiation
TreeHouse assumed with a Hold at Jefferies » 18:04
01/22/20
01/22
18:04
01/22/20
18:04
THS

TreeHouse

$46.83 /

-0.085 (-0.18%)

Jefferies analyst Rob…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Upgrade
Hudbay Minerals upgraded to Outperformer from Neutral at CIBC » 18:03
01/22/20
01/22
18:03
01/22/20
18:03
HBM

Hudbay Minerals

$3.41 /

-0.12 (-3.40%)

CIBC analyst Oscar…

CIBC analyst Oscar Cabrera upgraded Hudbay Minerals to Outperformer from Neutral with a price target of $8, up from $5. The analyst, after rolling over his estimates to 2021, cites the company's flat or increasing copper equivalent production and improving free cash flow generation for the upgrade.

ShowHide Related Items >><<
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.