Breaking News Instant updates and real-time market news.

CIR

Circor

$45.95

-0.38 (-0.82%)

, CR

Crane

$84.58

-0.14 (-0.17%)

09:13
07/08/19
07/08
09:13
07/08/19
09:13

Circor to review Crane revides unsolicited tender offer of $48 per share in cash

Circor (CIR) confirmed that Crane (CR) has commenced a revised tender offer to acquire all of the outstanding shares of Circor common stock for $48.00 per share in cash. Consistent with its fiduciary duties and in consultation with its independent legal and financial advisors, the Circor board will carefully review and evaluate Crane's revised tender offer to determine the course of action that it believes is in the best interests of Circor and its shareholders. Circor shareholders do not need to take any action at this time. The Circor board intends to make its recommendation with respect to the revised tender offer by promptly making available to shareholders and filing with the SEC an amended Solicitation/Recommendation Statement on Schedule 14D-9.

CIR

Circor

$45.95

-0.38 (-0.82%)

CR

Crane

$84.58

-0.14 (-0.17%)

  • 23

    Jul

CIR Circor
$45.95

-0.38 (-0.82%)

05/21/19
STFL
05/21/19
NO CHANGE
Target $103
STFL
Buy
Crane's Circor offer represents good value for shareholders, says Stifel
Stifel analyst Nathan Jones says Crane's (CR) $45 per share offer for Circor (CIR) represents "good value" for Crane shareholders, particularly given Crane management's track record for generating above-target synergies and smooth integrations. Jones, who has a Buy rating and $103 price target on Crane, thinks there could potentially be one or two competing bidders with ITT (ITT) making the most sense to him, but also named Flowserve (FLS) and SPX Flow (FLOW) as companies that may be interested in Circor.
05/21/19
SIDC
05/21/19
DOWNGRADE
SIDC
Neutral
Circor downgraded to Neutral from Buy at Sidoti
03/12/19
03/12/19
DOWNGRADE

Sector Weight
Circor downgraded to Sector Weight on valuation at KeyBanc
As previously reported, KeyBanc analyst Jeffrey Hammond downgraded Circor to Sector Weight from Overweight saying that with shares having reached his prior price target and valuation back in line with the historical average, he sees less runway from here compared to other small-cap value names within his coverage. In addition, while Hammond appreciates Circor's back-end-loaded earnings potential this year, persistent execution issues, including plant-related costs that will linger through the first half of 2019, have dampened his confidence in positive second half of the year fundamentals translating to the bottom line.
03/12/19
KEYB
03/12/19
DOWNGRADE
KEYB
Sector Weight
Circor downgraded to Sector Weight from Overweight at KeyBanc
CR Crane
$84.58

-0.14 (-0.17%)

04/11/19
UBSW
04/11/19
NO CHANGE
Target $100
UBSW
Buy
Crane price target raised to $100 from $90 at UBS
UBS analyst Damian Karas raised his price target on Crane to $100 and kept his Buy rating, saying the company's currency business is being "undervalued" in spite of its strong first-year performance amid "secular concerns around use of cash as a means of payment." The analyst acknowledges that the use of cash will become "less prominent over time", but points to central bank data suggesting that currency in circulation "continues to grow despite higher penetration of cashless transactions", rising mid-to-high single digits globally in recent years.
01/29/19
WBLR
01/29/19
DOWNGRADE
WBLR
Market Perform
William Blair downgrades Crane with 2019 synchronized growth unlikely
William Blair analyst Nicholas Heymann downgraded Crane to Market Perform from Outperform saying further synchronized growth in 2019 is unlikely. The analyst no longer believes Crane's absolute valuation is likely to "materially improve," but he admits "the pause in revenue growth" for 2019 may already be reflected in the current share price. The largest risk to Crane's share price may be nominal upside rather than further significant market underperformance, Heymann tells investors in a research note. He believes, however, that Crane's long-term growth prospects remain solid.
01/29/19
STFL
01/29/19
NO CHANGE
Target $100
STFL
Buy
Crane guidance 'solid and realistic,' says Stifel
Stifel analyst Nathan Jones noted that Crane's guidance missed the consensus forecast, but he believes the company's outlook is "solid and realistic" and he thinks consensus for 2019 is skewed by several unrealistic estimates, including a $3.625B revenue estimate. He maintains a Buy rating and $100 price target on Crane shares.

TODAY'S FREE FLY STORIES

SGEN

Seattle Genetics

$63.57

-0.42 (-0.66%)

15:19
07/16/19
07/16
15:19
07/16/19
15:19
Options
Seattle Genetics options imply 12.1% move in share price post-earnings, above median historical move »

Pre-earnings options…

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

  • 16

    Jul

  • 09

    Sep

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
07/16/19
07/16
15:17
07/16/19
15:17
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

$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
07/16/19
07/16
15:16
07/16/19
15:16
Technical Analysis
NYSE 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

PZZA

Papa John's

$44.92

-1.15 (-2.50%)

15:15
07/16/19
07/16
15:15
07/16/19
15:15
Options
Papa John's 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

  • 13

    Nov

15:15
07/16/19
07/16
15:15
07/16/19
15:15
General news
Breaking General news story  »

Chicago Federal Reserve…

FHN

First Horizon

$15.64

0.835 (5.64%)

15:13
07/16/19
07/16
15:13
07/16/19
15:13
Upgrade
First Horizon rating change at BofA/Merrill »

First Horizon upgraded 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

  • 16

    Jul

15:11
07/16/19
07/16
15:11
07/16/19
15:11
Conference/Events
Credit Suisse energy analysts to hold an analyst/industry conference call »

Analysts provide a 2Q…

CBS

CBS

$53.48

0.11 (0.21%)

, T

AT&T

$33.58

-0.12 (-0.36%)

15:08
07/16/19
07/16
15:08
07/16/19
15:08
Hot Stocks
CBS says AT&T 'continues to propose unfair terms' »

CBS (CBS) issued a…

CBS

CBS

$53.48

0.11 (0.21%)

T

AT&T

$33.58

-0.12 (-0.36%)

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

    Jul

  • 30

    Jul

  • 08

    Aug

  • 08

    Aug

CSX

CSX

$79.47

0.95 (1.21%)

15:04
07/16/19
07/16
15:04
07/16/19
15:04
Options
CSX options imply 5.2% move in share price post-earnings, above median historical move »

Pre-earnings options…

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

  • 16

    Jul

  • 26

    Aug

  • 13

    Nov

15:00
07/16/19
07/16
15:00
07/16/19
15:00
General news
Fed's Evans said a little more accommodation would be helpful »

Fed's Evans said a…

ESV

Ensco Rowan

$8.24

-0.21 (-2.49%)

14:55
07/16/19
07/16
14:55
07/16/19
14:55
Options
Ensco 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

  • 01

    Aug

  • 27

    Aug

FB

Facebook

$203.23

-0.7 (-0.34%)

14:49
07/16/19
07/16
14:49
07/16/19
14:49
Hot Stocks
Facebook's Perault says Instagram, WhatsApp takeovers have benefited users »

In prepared remarks ahead…

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

  • 16

    Jul

  • 17

    Jul

  • 17

    Jul

  • 24

    Jul

UAL

United Continental

$94.14

2.84 (3.11%)

14:49
07/16/19
07/16
14:49
07/16/19
14:49
Options
United Continental options imply 6.7% move in share price post-earnings, above median historical move »

Pre-earnings options…

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

  • 17

    Jul

MNST

Monster Beverage

$65.31

0.03 (0.05%)

, PM

Philip Morris

$81.31

-0.13 (-0.16%)

14:44
07/16/19
07/16
14:44
07/16/19
14:44
Recommendations
Monster Beverage, Philip Morris, British American Tobacco, Altria Group, Nielsen analyst commentary at Wells Fargo »

Wells says Nielsen…

MNST

Monster Beverage

$65.31

0.03 (0.05%)

PM

Philip Morris

$81.31

-0.13 (-0.16%)

BTI

British American Tobacco

$36.42

-0.23 (-0.63%)

MO

Altria Group

$49.20

-0.36 (-0.73%)

NLSN

Nielsen

$23.36

-0.05 (-0.21%)

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

  • 18

    Jul

  • 30

    Jul

CHFC

Chemical Financial

$40.69

-0.11 (-0.27%)

, TCF

TCF Financial

$20.63

-0.03 (-0.15%)

14:38
07/16/19
07/16
14:38
07/16/19
14:38
Hot Stocks
Federal Reserve approves Chemical Financial deal to acquire TCF Financial »

The Federal Reserve Board…

CHFC

Chemical Financial

$40.69

-0.11 (-0.27%)

TCF

TCF Financial

$20.63

-0.03 (-0.15%)

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

  • 25

    Jul

  • 25

    Jul

  • 23

    Sep

14:32
07/16/19
07/16
14:32
07/16/19
14:32
Conference/Events
Morgan Stanley India phama analyst to hold an analyst/industry conference call »

India Pharmaceuticals…

F

Ford

$10.43

0.015 (0.14%)

, GM

General Motors

$39.21

-0.15 (-0.38%)

14:25
07/16/19
07/16
14:25
07/16/19
14:25
Periodicals
U.S. car makers open UAW contract talks as labor costs rise, WSJ reports »

Major U.S. car makers are…

F

Ford

$10.43

0.015 (0.14%)

GM

General Motors

$39.21

-0.15 (-0.38%)

FCAU

Fiat Chrysler

$13.61

-0.565 (-3.99%)

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

    Jul

  • 31

    Jul

  • 01

    Aug

  • 12

    Aug

  • 23

    Oct

JBLU

JetBlue

$19.53

0.8 (4.27%)

14:25
07/16/19
07/16
14:25
07/16/19
14:25
Options
JetBlue 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

  • 23

    Jul

GOOG

Alphabet

$1,152.76

2.37 (0.21%)

14:25
07/16/19
07/16
14:25
07/16/19
14:25
Conference/Events
Senate Judiciary Committee to hold a hearing »

The Subcommittee on the…

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

  • 16

    Jul

  • 17

    Jul

  • 25

    Jul

  • 08

    Aug

  • 27

    Oct

14:25
07/16/19
07/16
14:25
07/16/19
14:25
Conference/Events
JPMorgan SMid Cap biotech analyst to hold an analyst/industry conference call »

SMid Biotech Analyst Fye,…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
07/16/19
07/16
14:17
07/16/19
14:17
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

$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
07/16/19
07/16
14:16
07/16/19
14:16
Technical Analysis
NYSE 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

CFRX

ContraFect

$0.47

-0.0187 (-3.83%)

14:12
07/16/19
07/16
14:12
07/16/19
14:12
Conference/Events
ContraFect management to meet with Jefferies »

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

  • 18

    Jul

14:10
07/16/19
07/16
14:10
07/16/19
14:10
General news
More from Kaplan: he thinks the funds rate will stabilize after just one rate cut »

More from Kaplan: he…

ATEC

Alphatec

$4.38

-0.06 (-1.35%)

14:09
07/16/19
07/16
14:09
07/16/19
14:09
Syndicate
Breaking Syndicate news story on Alphatec »

Alphatec files to sell…

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

    Jul

  • 12

    Sep

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.