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IBM

IBM

$128.35

1.34 (1.06%)

14:18
06/03/19
06/03
14:18
06/03/19
14:18

SCOTUS to hear IBM retirement fund appeal, Reuters says

The U.S. Supreme Court has agreed to hear whether managers of a retirement fund for IBM workers that invested in the company's stock can be sued for failing to disclose that its microelectronics unit was overvalued, Reuters' Lawrence Hurley reports. The court will hear an appeal by the retirement plan of a lower court ruling that let the litigation move forward, though IBM is not a defendant in the case, Hurley says. Reference Link

IBM IBM
$128.35

1.34 (1.06%)

04/17/19
SBSH
04/17/19
NO CHANGE
Target $140
SBSH
Neutral
IBM price target raised to $140 from $130 at Citi
Citi analyst Jim Suva raised his price target for IBM to $140 from $130 and maintains a Neutral rating on the shares following the company's Q1 results. The report "can best be described as something for everyone to debate with several positives and negatives," Suva tells investors in a research note. He believes the earnings were not enough to get investors to change their view to either a more positive or more negative view.
04/17/19
BMOC
04/17/19
NO CHANGE
Target $155
BMOC
Market Perform
IBM price target raised to $155 from $147 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on IBM (IBM) to $155 after its Q1 results and affirmed FY19 outlook, saying he is modeling a "modestly higher" enterprise value to free cash flow multiple with a higher conviction to his prior forecasts for 2020 free cash flow. The analyst is also keeping his Market Perform rating on the shares, stating that while the quarter had "a lot of moving parts", revenues were "a tad disappointing" amid some weakness in emerging markets. Bachman contends that IBM is moving in the right direction with its Red Hat (RHT) acquisition, but he does not find the valuation on the stock "compelling".
05/17/19
CHLM
05/17/19
DOWNGRADE
CHLM
Hold
Craig-Hallum downgrades Cray to Hold, but says bidding war possible
Craig-Hallum analyst Chad Bennett downgrade Cray (CRAY) to Hold from Buy after the company announced a deal to be acquired by HP Enterprise (HPE) for $35 per share, but he added that he thinks a bidding war is possible since he doesn't believe the stock buyout price "has even begun to value" Cray's proprietary interconnect technology and its modular software stack for next generation AI/ML workloads. He believes there could be a number of interested parties in Cray including Microsoft (MSFT), Dell (DELL), Intel (INTC), Google (GOOG), Amazon (AMZN) and potentially IBM (IBM).
05/20/19
CHLM
05/20/19
DOWNGRADE
Target $35
CHLM
Hold
Cray downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum analyst Chad Bennett downgraded Cray (CRAY) to Hold from Buy and lowered his price target on the shares to $35 from $36 after HP Enterprise (HPE) announced that it has entered into an agreement to purchase the company for $35.00 per share in cash, totaling $1.3B net of cash. The analyst believes the possibility of another buyer coming in over the top is fairly low, but notes that the price is "too low" based on the opportunities Cray has in front of it over the next few years. Furthermore, Bennett believes there would be a number of interested parties in Cray including Microsoft (MSFT), Dell (DELL), Intel (INTC), Alphabet (GOOG), Amazon (AMZN), and potentially IBM (IBM).

TODAY'S FREE FLY STORIES

ALXN

Alexion

$105.87

6.645 (6.70%)

13:37
10/23/19
10/23
13:37
10/23/19
13:37
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Alexion analyst commentary  »

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13:35
10/23/19
10/23
13:35
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13:35
General news
Treasury Action: the market took the good auction results in stride »

Treasury Action: the…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
10/23/19
10/23
13:17
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13:17
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NASDAQ market internals summary »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
10/23/19
10/23
13:16
10/23/19
13:16
Technical Analysis
NYSE market internals summary »

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GOOG

Alphabet

$1,254.75

11.97 (0.96%)

, GOOGL

Alphabet Class A

$1,252.88

11.8 (0.95%)

13:08
10/23/19
10/23
13:08
10/23/19
13:08
Periodicals
Google makes search engine remedy in EU more palatable amid pressure, WSJ says »

Sam Schechner and…

GOOG

Alphabet

$1,254.75

11.97 (0.96%)

GOOGL

Alphabet Class A

$1,252.88

11.8 (0.95%)

03/08/13
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CC

Chemours

$17.16

1.1 (6.85%)

13:05
10/23/19
10/23
13:05
10/23/19
13:05
Options
Chemours call volume above normal and directionally bullish »

Bullish option flow…

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  • 05

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T

AT&T

$37.80

-0.38 (-1.00%)

, NWS

News Corp

$14.23

0.03 (0.21%)

12:50
10/23/19
10/23
12:50
10/23/19
12:50
Periodicals
CNN working on digital news service, Information says »

WarnerMedia's (T)…

T

AT&T

$37.80

-0.38 (-1.00%)

NWS

News Corp

$14.23

0.03 (0.21%)

NWSA

News Corp.

$13.86

0.01 (0.07%)

FB

Facebook

$184.53

2.26 (1.24%)

AAPL

Apple

$242.41

2.44 (1.02%)

03/08/13
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F

Ford

$9.06

-0.005 (-0.06%)

, GM

General Motors

$36.14

-0.185 (-0.51%)

12:47
10/23/19
10/23
12:47
10/23/19
12:47
Earnings
Fly Intel: What to watch in auto sector earnings reports »

Ford (F) is scheduled to…

F

Ford

$9.06

-0.005 (-0.06%)

GM

General Motors

$36.14

-0.185 (-0.51%)

03/08/13
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  • 23

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HEXO

Hexo

$2.54

-0.05 (-1.93%)

12:45
10/23/19
10/23
12:45
10/23/19
12:45
Hot Stocks
Breaking Hot Stocks news story on Hexo 

Hexo Corp trading resumes…

03/08/13
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  • 24

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    Nov

NLY

Annaly Capital

$8.94

0.05 (0.56%)

12:45
10/23/19
10/23
12:45
10/23/19
12:45
Options
Annaly Capital call volume above normal and directionally bullish »

Bullish option flow…

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  • 31

    Oct

INTC

Intel

$51.83

-0.175 (-0.34%)

, SFTBF

SoftBank

$0.00

(0.00%)

12:44
10/23/19
10/23
12:44
10/23/19
12:44
Periodicals
Intel files suit against SoftBank's Fortress over patents, Reuters says »

Intel (INTC) has filed an…

INTC

Intel

$51.83

-0.175 (-0.34%)

SFTBF

SoftBank

$0.00

(0.00%)

03/08/13
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  • 24

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C

Citi

$72.11

0.03 (0.04%)

12:42
10/23/19
10/23
12:42
10/23/19
12:42
Periodicals
Judge says Citi claim against Czech miner OKD is eligible, Reuters says »

A Czech court determined…

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  • 29

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    Jan

ALXN

Alexion

$105.68

6.46 (6.51%)

12:40
10/23/19
10/23
12:40
10/23/19
12:40
Recommendations
Alexion analyst commentary  »

Piper a buyer of Alexion…

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  • 23

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SHI

Sinopec Shanghai

$28.18

-0.44 (-1.54%)

12:40
10/23/19
10/23
12:40
10/23/19
12:40
Upgrade
Sinopec Shanghai rating change  »

Sinopec Shanghai upgraded…

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12:40
10/23/19
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12:40
10/23/19
12:40
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

SFTBF

SoftBank

$0.00

(0.00%)

, WE

We Company

$0.00

(0.00%)

12:38
10/23/19
10/23
12:38
10/23/19
12:38
Periodicals
WeWork's Claure tells staff layoffs are in the works, Reuters says »

Marcelo Claure,…

SFTBF

SoftBank

$0.00

(0.00%)

WE

We Company

$0.00

(0.00%)

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BMY

Bristol-Myers

$53.89

-0.55 (-1.01%)

, RHHBY

Roche

$0.00

(0.00%)

12:36
10/23/19
10/23
12:36
10/23/19
12:36
Periodicals
Trump to nominate Stephen Hahn as FDA commissioner, WSJ reports »

President Trump intends…

BMY

Bristol-Myers

$53.89

-0.55 (-1.01%)

RHHBY

Roche

$0.00

(0.00%)

NVS

Novartis

$86.51

-0.32 (-0.37%)

GSK

GlaxoSmithKline

$43.27

0.76 (1.79%)

AZN

AstraZeneca

$44.61

0.69 (1.57%)

SNY

Sanofi

$45.54

0.23 (0.51%)

PFE

Pfizer

$36.63

0.19 (0.52%)

MRK

Merck

$82.39

1.09 (1.34%)

LLY

Eli Lilly

$106.97

-3.03 (-2.75%)

JNJ

Johnson & Johnson

$130.13

0.95 (0.74%)

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  • 14

    Mar

HEXO

Hexo

$2.54

-0.05 (-1.93%)

12:32
10/23/19
10/23
12:32
10/23/19
12:32
Syndicate
Hexo announces C$70M private placement of convertible debentures »

Hexo Corp announced that…

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  • 24

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CRM

Salesforce

$145.02

2.75 (1.93%)

12:30
10/23/19
10/23
12:30
10/23/19
12:30
Options
Heavy delta short term call buyer in Salesforce »

Heavy delta short term…

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  • 16

    Dec

DYMEF

DionyMed Brands

$0.00

(0.00%)

12:29
10/23/19
10/23
12:29
10/23/19
12:29
Hot Stocks
DionyMed Brands receives court application seeking to appoint receiver »

DionyMed Brands…

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CMG

Chipotle

$785.08

-46.605 (-5.60%)

12:29
10/23/19
10/23
12:29
10/23/19
12:29
Periodicals
Hedgeye sees 30% downside in Chipotle, adds to Best Idea Short List 

Reported by Bloomberg.

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  • 12

    Nov

BA

Boeing

$340.95

3.5 (1.04%)

, CAT

Caterpillar

$133.30

-0.39 (-0.29%)

12:28
10/23/19
10/23
12:28
10/23/19
12:28
On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks have been a bit…

BA

Boeing

$340.95

3.5 (1.04%)

CAT

Caterpillar

$133.30

-0.39 (-0.29%)

TXN

Texas Instruments

$120.05

-8.56 (-6.66%)

LLY

Eli Lilly

$106.95

-3.05 (-2.77%)

FB

Facebook

$184.57

2.3 (1.26%)

ADI

Analog Devices

$106.03

-4.88 (-4.40%)

MCHP

Microchip

$93.22

-3.09 (-3.21%)

XLNX

Xilinx

$94.81

-1.2 (-1.25%)

NXPI

NXP Semiconductors

$104.12

-3.62 (-3.36%)

TNK

Teekay Tankers

$2.21

0.22 (11.06%)

WGO

Winnebago

$46.96

4.17 (9.75%)

TMO

Thermo Fisher

$296.86

15.97 (5.69%)

SNAP

Snap

$13.22

-0.78 (-5.57%)

REZI

Resideo

$9.06

-6.11 (-40.28%)

LRN

K12

$20.03

-4.81 (-19.36%)

CMG

Chipotle

$784.15

-47.535 (-5.72%)

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    Dec

SPLK

Splunk

$117.82

7.41 (6.71%)

12:25
10/23/19
10/23
12:25
10/23/19
12:25
Options
Splunk call volume above normal and directionally bullish »

Bullish option flow…

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TMO

Thermo Fisher

$297.03

16.14 (5.75%)

12:23
10/23/19
10/23
12:23
10/23/19
12:23
Recommendations
Thermo Fisher analyst commentary  »

Thermo Fisher price…

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    Dec

  • 07

    Dec

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
10/23/19
10/23
12:17
10/23/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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