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DB

Deutsche Bank

$6.75

-0.15 (-2.17%)

, UBS

UBS

$11.48

-0.09 (-0.78%)

11:30
05/31/19
05/31
11:30
05/31/19
11:30

Deutsche Bank, UBS 'briefly' explored idea of 'mega-merger,' Bloomberg says

Deutsche Bank (DB) and UBS (UBS) "briefly" explored the idea of a "mega-merger" earlier this year, but the talks in recent months never proceeded beyond an initial stage, according to Bloomberg, citing sources.

DB

Deutsche Bank

$6.75

-0.15 (-2.17%)

UBS

UBS

$11.48

-0.09 (-0.78%)

  • 03

    Jun

DB Deutsche Bank
$6.75

-0.15 (-2.17%)

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.
08/13/18
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.
05/20/19
UBSW
05/20/19
DOWNGRADE
UBSW
Sell
Deutsche Bank downgraded to Sell from Neutral at UBS
UBS downgraded Deutsche Bank to Sell from Neutral and lowered its price target for the shares to EUR 5.70 from EUR 7.80. The bank is facing limited strategic options and its operating conditions are unlikely to improve in the near term amid intense competition, UBS tells investors in a research note.
05/20/19
05/20/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. American Airlines (AAL) downgraded to Underweight from Equal Weight at Morgan Stanley while Delta Air Lines (DAL) was downgraded to Equal Weight from Overweight. 2. Deutsche Bank (DB) downgraded to Sell from Neutral at UBS with the firm saying the bank is facing limited strategic options and its operating conditions are unlikely to improve in the near term amid intense competition. 3. Eaton Vance (EV) double downgraded to Underperform from Buy at BofA/Merrill with analyst Michael Carrier lowering estimates to reflect slower flow trends, a difficult product mix, and potential margin pressures ahead. 4. ProAssurance (PRA) downgraded to Underperform from Market Perform at Keefe Bruyette with analyst Christopher Campbell saying the stock has rallied 9% since the company's "disappointing" Q1 results. 5. Clorox (CLX) downgraded to Hold from Buy at Argus with analyst John Staszak citing the company's revenue deceleration reported in Q3 to "just 2%" as well as its near-term growth outlook cut to 2%-3% from 2%-4%. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
UBS UBS
$11.48

-0.09 (-0.78%)

01/09/19
SOCG
01/09/19
DOWNGRADE
SOCG
Hold
UBS downgraded to Hold from Buy at Societe Generale
03/26/19
KBWI
03/26/19
DOWNGRADE
KBWI
Market Perform
UBS downgraded to Market Perform from Outperform at Keefe Bruyette
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.
04/26/19
DZBN
04/26/19
DOWNGRADE
DZBN
Hold
UBS downgraded to Hold from Buy at DZ Bank

TODAY'S FREE FLY STORIES

JSYN

Jensyn Acquisition

$0.00

(0.00%)

, PECK

Peck

$5.00

-5.02 (-50.10%)

09:30
06/20/19
06/20
09:30
06/20/19
09:30
Hot Stocks
Jensyn Acquisition completes business combination with Peck Electric »

Jensyn Acquisition Corp…

JSYN

Jensyn Acquisition

$0.00

(0.00%)

PECK

Peck

$5.00

-5.02 (-50.10%)

03/08/13
Wedge Partners
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Credit Suisse
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TSU

Tim Participacoes

$14.90

0.485 (3.37%)

09:30
06/20/19
06/20
09:30
06/20/19
09:30
Upgrade
Tim Participacoes rating change  »

Tim Participacoes…

03/08/13
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09:30
06/20/19
06/20
09:30
06/20/19
09:30
Conference/Events
The Board of Governors of the Federal Reserve System to hold a meeting »

The Board of Governors of…

09:30
06/20/19
06/20
09:30
06/20/19
09:30
General news
The U.S. current account deficit narrowed to $130.4 B »

The U.S. current account…

TRWH

Twin River Worldwide

$28.92

-1.43 (-4.71%)

09:29
06/20/19
06/20
09:29
06/20/19
09:29
Syndicate
Twin River Worldwide Secondary offering canceled »

Twin River Worldwide…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 21

    Jun

ORCL

Oracle

$52.69

-0.19 (-0.36%)

09:28
06/20/19
06/20
09:28
06/20/19
09:28
Recommendations
Oracle analyst commentary  »

Oracle price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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MGPI

MGP Ingredients

$62.77

1.28 (2.08%)

09:28
06/20/19
06/20
09:28
06/20/19
09:28
Conference/Events
MGP Ingredients management to meet with SunTrust »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 25

    Jun

  • 26

    Jun

SFS

Smart & Final Stores

$6.50

(0.00%)

, APO

Apollo Global

$34.11

0.67 (2.00%)

09:28
06/20/19
06/20
09:28
06/20/19
09:28
Hot Stocks
Smart & Final Stores announces completion of previously announced transaction »

Smart & Final Stores…

SFS

Smart & Final Stores

$6.50

(0.00%)

APO

Apollo Global

$34.11

0.67 (2.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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EFX

Equifax

$133.90

1.2 (0.90%)

09:27
06/20/19
06/20
09:27
06/20/19
09:27
Hot Stocks
Equifax, GIACT Systems announce strategic alliance »

GIACT Systems and Equifax…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 06

    Aug

  • 13

    Nov

09:27
06/20/19
06/20
09:27
06/20/19
09:27
Conference/Events
Senate Commerce, Science & Transportation Committee to hold a hearing »

The Subcommittee on…

CCL

Carnival

$52.85

0.46 (0.88%)

09:27
06/20/19
06/20
09:27
06/20/19
09:27
Downgrade
Carnival rating change  »

Carnival downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 20

    Jun

MAN

ManpowerGroup

$94.03

0.58 (0.62%)

09:26
06/20/19
06/20
09:26
06/20/19
09:26
Conference/Events
ManpowerGroup management to meet with SunTrust »

Field trip to meet with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 25

    Jun

  • 21

    Aug

GLG

China Bat Group

$0.51

-0.0409 (-7.41%)

09:25
06/20/19
06/20
09:25
06/20/19
09:25
Hot Stocks
Bat Group enters into MoU with regional commercial bank to expand business »

Bat Group announced that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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09:25
06/20/19
06/20
09:25
06/20/19
09:25
Conference/Events
House Judiciary Committee to hold a hearing »

The Committee holds a…

AGIO

Agios Pharmaceuticals

$51.39

-0.58 (-1.12%)

09:25
06/20/19
06/20
09:25
06/20/19
09:25
Conference/Events
Agios Pharmaceuticals participates in a conference call with JPMorgan »

SMid Biotech Analyst Rama…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 20

    Jun

  • 21

    Jun

RTTR

Ritter Pharmaceuticals

$0.94

0.0552 (6.27%)

09:24
06/20/19
06/20
09:24
06/20/19
09:24
Hot Stocks
Ritter Pharmaceuticals remains 'on track' with Phase 3 trial of RP-G28 »

Ritter Pharmaceuticals…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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UBER

Uber

$44.85

0.97 (2.21%)

09:24
06/20/19
06/20
09:24
06/20/19
09:24
Initiation
Uber initiated  »

Uber initiated with a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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DTE

DTE Energy

$130.51

1.51 (1.17%)

09:23
06/20/19
06/20
09:23
06/20/19
09:23
Hot Stocks
DTE Energy secures $1.5M in grants to provide two schools with electric buses »

DTE announced that its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 26

    Jul

RST

Rosetta Stone

$23.31

0.51 (2.24%)

09:23
06/20/19
06/20
09:23
06/20/19
09:23
Hot Stocks
Rosetta Stone, HIAS partner to offer refugee populations language learning »

Rosetta Stone and HIAS…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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  • 26

    Jun

  • 27

    Jun

  • 28

    Jun

FDX

FedEx

$166.60

0.28 (0.17%)

09:23
06/20/19
06/20
09:23
06/20/19
09:23
Recommendations
FedEx analyst commentary at Raymond James »

FedEx price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 25

    Jun

  • 30

    Jul

  • 31

    Jul

  • 13

    Nov

TGTX

TG Therapeutics

$7.67

-0.09 (-1.16%)

09:21
06/20/19
06/20
09:21
06/20/19
09:21
Hot Stocks
TG Therapeutics presents data on umbralisib at ICML conference »

TG Therapeutics announced…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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LPLA

LPL Financial

$81.85

-1.96 (-2.34%)

09:21
06/20/19
06/20
09:21
06/20/19
09:21
Conference/Events
LPL Financial management to meet with JMP Securities »

Meeting to be held in New…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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  • 25

    Jun

  • 12

    Sep

TPX

Tempur Sealy

$72.00

1.545 (2.19%)

09:21
06/20/19
06/20
09:21
06/20/19
09:21
Recommendations
Tempur Sealy analyst commentary  »

Tempur Sealy price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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APTX

Aptinyx

$3.11

-0.07 (-2.20%)

09:18
06/20/19
06/20
09:18
06/20/19
09:18
Initiation
Aptinyx initiated  »

Aptinyx assumed with an…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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SPX

S&P 500

$0.00

(0.00%)

, VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

09:18
06/20/19
06/20
09:18
06/20/19
09:18
Options
Overnight activity included 764 trades in SPX and 6 trades in VIX »

764 trades were executed…

SPX

S&P 500

$0.00

(0.00%)

VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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