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ICAGY

IAG

$0.00

(0.00%)

, EADSY

Airbus

$0.00

(0.00%)

12:22
07/12/19
07/12
12:22
07/12/19
12:22

IAG CEO says frustration with Airbus a factor in Boeing order, Bloomberg says

IAG (ICAGY) CEO Willie Walsh said that frustration with Airbus (EADSY) over late plane deliveries was a factor in his company's move to make a $24B order for Boeing's (BA) groudned 737 MAX aircraft, Bloomberg's Benjamin D. Katz and Maria Tadeo report. Walsh said in an interview that cost and a desire to have a mixed narrow-body fleet weren't the only considerations in the order, with IAG experiencing a 70-day delay on average for deliveries of the A320neo jetliner. Reference Link

ICAGY

IAG

$0.00

(0.00%)

EADSY

Airbus

$0.00

(0.00%)

BA

Boeing

$364.64

5.59 (1.56%)

  • 24

    Jul

ICAGY IAG
$0.00

(0.00%)

07/01/19
07/01/19
DOWNGRADE

Market Perform
IAG downgraded to Market Perform on weaker demand at Bernstein
As previously reported, Bernstein analyst Daniel Roeskas downgraded IAG to Market Perform from Outperform saying he sees evidence of a corporate travel slowdown in Europe, driven by a weaker economy and corporate cost pressures, that can spill over into other traffic segments. As the closure of manufacturing plants or restructuring efforts following earnings downgrades across European corporations increases uncertainty for employees, leisure travelers often opt to spend less, further depressing leisure demand, he adds.
07/01/19
BERN
07/01/19
DOWNGRADE
BERN
Market Perform
IAG downgraded to Market Perform from Outperform at Bernstein
Bernstein analyst Daniel Roeskas downgraded IAG to Market Perform from Outperform saying he's seeing evidence of a corporate travel slowdown in Europe.
06/19/19
HSBC
06/19/19
DOWNGRADE
HSBC
Reduce
IAG downgraded to Reduce from Hold at HSBC
HSBC analyst Andrew Lobbenberg downgraded IAG to Reduce from Hold and lowered his price target for the shares to 4 pounds from 5.50 pounds. The analyst believes long-haul and corporate travel demand trends will follow the already visible weakness in European short-haul. He sees more profit warnings ahead in the airline space.
06/04/19
JPMS
06/04/19
INITIATION
JPMS
Overweight
IAG initiated with an Overweight at JPMorgan
EADSY Airbus
$0.00

(0.00%)

10/23/18
FBCO
10/23/18
UPGRADE
FBCO
Outperform
Airbus upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse analyst Olivier Brochet upgraded Airbus to Outperform and raised his price target for the shares to EUR 120 from EUR 110.
10/23/18
FBCO
10/23/18
UPGRADE
FBCO
Outperform
Airbus upgraded to Outperform from Neutral at Credit Suisse
03/13/19
LOOP
03/13/19
NO CHANGE
Target $78
LOOP
Hold
Hexcel may not benefit from aircraft order shift to Airbus, says Loop Capital
Loop Capital analyst Chris Kapsch kept his Hold rating and $78 price target on Hexcel (HXL) in the wake of the Boeing (BA) 737max crisis. The analyst states that the issue appears to be around the plane's software/avionics, with nothing problematic with the composite-intensive plane structure or its engines, but believes that the flight halt by global airlines creates an "adverse sentiment for the entire commercial aero supply chain". While Hexcel is also a supplier for Airbus' (EADSY) A320neo jet, the shift in demand for that aircraft may not balance out the Boeing headwinds in the near term since the production capacity for the A320 remains constrained, Kapsch tells investors.
05/08/19
GSCO
05/08/19
UPGRADE
GSCO
Neutral
Airbus upgraded to Neutral from Sell at Goldman Sachs
Goldman Sachs upgraded Airbus to Neutral from Sell saying the stock's risk/reward is balanced following the recent underperformance.
BA Boeing
$364.64

5.59 (1.56%)

07/08/19
FBCO
07/08/19
DOWNGRADE
Target $30
FBCO
Underperform
American Airlines downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse analyst Jose Caiado downgraded American Airlines (AAL) to Underperform from Neutral on labor and Boeing (BA) 737 Max risk. While these issues may be transient, they add to an already-challenged 2019 cost outlook and "unfortunately mask" some of the progress that American Airlines is making on the commercial front this year, he contends. The analyst also lowered his price target on American's shares to $30 from $32.
07/08/19
COWN
07/08/19
NO CHANGE
COWN
Outperform
Boeing MAX recertification pushout to increase cash flow volatility, says Cowen
Cowen analyst Cai von Rumohr commented on the potential impact of the expected pushout of recertification of Boeing's (BA) MAX aircraft to late September, saying he thinks the extended timeline will increase cash flow volatility for Boeing and risk of 737 rate cut at Spirit AeroSystems (SPR) and GE (GE). The analyst tells investors in a research note that he now sees an 737 inventory cash outflow in Q2 of $3.5B-$4B with a total Q2 outflow of $1B-$2B and more in Q3, and says Boeing will overall have about 275 completed MAXes in inventory at the end of Q3, which will take time to work through since the priority is to get the 381 MAXes already sitting in fleets back into service. Selling for an 8.5% "normalized" cash flow yield, Von Rumohr says Boeing remains his top pick.
07/03/19
STFL
07/03/19
NO CHANGE
Target $90
STFL
Buy
Delta one of biggest beneficiaries of longer MAX grounding, says Stifel
Stifel analyst Joseph DeNardi noted that Delta's (DAL) updated Q2 guidance yesterday was "strong across the board," pointing out that domestic load factor for the quarter of 89% benefited from the fact that the grounding of Boeing's (BA) MAX fleet is keeping industry capacity growth constrained. He sees Delta as one of the biggest beneficiaries, second only to Spirit Airlines (SAVE) and Alaska Air (ALK), as the grounding extends further out given the company's lack of exposure and the industry's competitive capacity dynamics. DeNardi maintains a Buy rating and $90 price target on Delta shares.
07/02/19
JEFF
07/02/19
DOWNGRADE
Target $85
JEFF
Hold
Jefferies downgrades Spirit AeroSystems to Hold on 737 Max uncertainty
Jefferies analyst Sheila Kahyaoglu downgraded Spirit AeroSystems to Hold from Buy and lowered her price target for the shares to $85 from $106. The shares have "limited upside" given that the MAX plane represents ~50% of revenue, Kahyaoglu tells investors in a research note. The analyst cut her 2019 and 2020 earnings per share estimates to $6.90 and $7.25 from $7.10 and $7.70, respectively, to account for fewer 737 MAX shipset deliveries. Her prior estimate had 737 MAX production stepping up to 57 per month for Spirit in mid-2020, which she now shifted to the start of 2021. The shift in the estimates is a result of the Federal Aviation Administration notifying Boeing (BA) of additional software changes to flight controls on June 26, Kahyaoglu notes.

TODAY'S FREE FLY STORIES

11:07
07/16/19
07/16
11:07
07/16/19
11:07
General news
8-Week Bill Announcement Offering Amount data reported »

8-Week Bill Announcement…

11:07
07/16/19
07/16
11:07
07/16/19
11:07
General news
4-Week Bill Announcement Offering Amount data reported »

4-Week Bill Announcement…

SKX

Skechers

$34.40

0.16 (0.47%)

11:05
07/16/19
07/16
11:05
07/16/19
11:05
Options
Skechers call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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  • 18

    Jul

YMAB

Y-mAbs Therapeutics

$22.80

-0.19 (-0.83%)

11:03
07/16/19
07/16
11:03
07/16/19
11:03
Conference/Events
Y-mAbs Therapeutics management to meet with Cowen »

Meeting to be held in New…

03/08/13
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    Jul

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SABR

Sabre

$23.20

0.015 (0.06%)

11:02
07/16/19
07/16
11:02
07/16/19
11:02
Hot Stocks
Sabre, ARC sign agreement to streamline travel agencies' NDC transition »

Airlines Reporting Corp.…

03/08/13
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WFC

Wells Fargo

$46.00

-0.7 (-1.50%)

10:57
07/16/19
07/16
10:57
07/16/19
10:57
Hot Stocks
Wells Fargo interim CEO says no development to report with DOJ, SEC probes »

Wells Fargo interim CEO…

03/08/13
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03/06/13
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  • 16

    Jul

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    Oct

MOMO

Momo

$33.77

-0.62 (-1.80%)

10:55
07/16/19
07/16
10:55
07/16/19
10:55
Options
Momo put volume heavy and directionally bearish »

Bearish flow noted in…

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03/06/13
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10:55
07/16/19
07/16
10:55
07/16/19
10:55
General news
Today's U.S. reports »

Today's U.S. reports…

ATRA

Atara Biotherapeutics

10:51
07/16/19
07/16
10:51
07/16/19
10:51
Recommendations
Atara Biotherapeutics analyst commentary at Roth Capital »

Atara delayed timing of…

03/08/13
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03/08/13
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03/06/13
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VNO

Vornado

$65.42

-0.06 (-0.09%)

10:49
07/16/19
07/16
10:49
07/16/19
10:49
Hot Stocks
Vornado sees 5c decrease in Q2 FFO due to certain items »

Vornado Realty Trust…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 30

    Jul

  • 07

    Aug

CCJ

Cameco

$10.24

0.03 (0.29%)

10:45
07/16/19
07/16
10:45
07/16/19
10:45
Options
Cameco call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
Barclays

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10:45
07/16/19
07/16
10:45
07/16/19
10:45
General news
Breaking General news story  »

8-Week Bill Announcement…

10:45
07/16/19
07/16
10:45
07/16/19
10:45
General news
Breaking General news story  »

4-Week Bill Announcement…

WFC

Wells Fargo

$46.25

-0.45 (-0.96%)

10:41
07/16/19
07/16
10:41
07/16/19
10:41
Hot Stocks
Breaking Hot Stocks news story on Wells Fargo »

Wells Fargo sees FY19,…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 16

    Jul

  • 12

    Oct

SNE

Sony

$54.33

-1.44 (-2.58%)

10:35
07/16/19
07/16
10:35
07/16/19
10:35
Options
Sony put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 30

    Jul

WFC

Wells Fargo

$46.55

-0.15 (-0.32%)

10:33
07/16/19
07/16
10:33
07/16/19
10:33
Hot Stocks
Breaking Hot Stocks news story on Wells Fargo »

Wells Fargo CFO says 38…

03/08/13
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03/06/13
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  • 16

    Jul

  • 12

    Oct

GCAP

Gain Capital

$4.54

0.51 (12.66%)

10:29
07/16/19
07/16
10:29
07/16/19
10:29
Hot Stocks
Gain Capital up 50c, or 12%, to $4.53 in early trading »

Contacts have indicated…

03/08/13
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  • 25

    Jul

WFC

Wells Fargo

$46.88

0.18 (0.39%)

10:27
07/16/19
07/16
10:27
07/16/19
10:27
Hot Stocks
Breaking Hot Stocks news story on Wells Fargo »

Wells Fargo sees FY19…

03/08/13
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03/06/13
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03/06/13
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  • 16

    Jul

  • 12

    Oct

WFC

Wells Fargo

$46.88

0.18 (0.39%)

10:26
07/16/19
07/16
10:26
07/16/19
10:26
Hot Stocks
Wells Fargo sees FY19 NII down near 5% »

Management says auto…

03/08/13
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  • 16

    Jul

  • 12

    Oct

KMX

CarMax

$84.47

-4.31 (-4.85%)

10:25
07/16/19
07/16
10:25
07/16/19
10:25
Options
CarMax call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/06/13
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03/06/13
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  • 24

    Sep

EGHT

8x8, Inc.

$25.38

-0.24 (-0.94%)

, FIVN

Five9

$50.13

2.13 (4.44%)

10:25
07/16/19
07/16
10:25
07/16/19
10:25
Conference/Events
Stephens communications analysts to hold an analyst/industry conference call »

Communications Analysts,…

EGHT

8x8, Inc.

$25.38

-0.24 (-0.94%)

FIVN

Five9

$50.13

2.13 (4.44%)

LOGM

LogMeln

$76.20

-0.37 (-0.48%)

RNG

RingCentral

$124.44

1.13 (0.92%)

WORK

Slack Technologies

$34.84

0.06 (0.17%)

TWLO

Twilio

$147.01

1.655 (1.14%)

VG

Vonage

$12.82

0.03 (0.23%)

ZM

Zoom Video

$98.50

-1.26 (-1.26%)

GOOG

Alphabet

$1,150.69

0.3 (0.03%)

MSFT

Microsoft

$138.20

-0.74 (-0.53%)

AMZN

Amazon.com

$2,019.00

-2 (-0.10%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 16

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    Aug

  • 27

    Oct

  • 13

    Nov

UBER

Uber

$44.49

-0.02 (-0.04%)

, LYFT

Lyft

$64.80

(0.00%)

10:22
07/16/19
07/16
10:22
07/16/19
10:22
Periodicals
Court says NYC can ban ads inside Uber, Lyft vehicles, Reuters reports »

Reversing a lower court…

UBER

Uber

$44.49

-0.02 (-0.04%)

LYFT

Lyft

$64.80

(0.00%)

03/08/13
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03/06/13
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03/06/13
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  • 07

    Aug

  • 08

    Aug

  • 08

    Aug

FCAU

Fiat Chrysler

$13.61

-0.565 (-3.99%)

, WORK

Slack Technologies

$34.75

-0.03 (-0.09%)

10:20
07/16/19
07/16
10:20
07/16/19
10:20
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

FCAU

Fiat Chrysler

$13.61

-0.565 (-3.99%)

WORK

Slack Technologies

$34.75

-0.03 (-0.09%)

BTE

Baytex Energy

$1.47

0.03 (2.08%)

TOWN

TowneBank

$26.85

(0.00%)

VET

Vermilion Energy

$21.76

-0.2 (-0.91%)

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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  • 16

    Jul

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    Jul

  • 11

    Sep

HD

Home Depot

$218.16

-0.55 (-0.25%)

, SON

Sonoco

$64.48

-0.005 (-0.01%)

10:20
07/16/19
07/16
10:20
07/16/19
10:20
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

HD

Home Depot

$218.16

-0.55 (-0.25%)

SON

Sonoco

$64.48

-0.005 (-0.01%)

PH

Parker-Hannifin

$172.01

4.33 (2.58%)

FDS

FactSet

$281.22

-13.02 (-4.43%)

KMT

Kennametal

$35.09

0.295 (0.85%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 16

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    Aug

  • 17

    Oct

LH

LabCorp

$174.70

0.155 (0.09%)

, TKR

Timken

$48.61

0.92 (1.93%)

10:20
07/16/19
07/16
10:20
07/16/19
10:20
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

LH

LabCorp

$174.70

0.155 (0.09%)

TKR

Timken

$48.61

0.92 (1.93%)

FCX

Freeport McMoRan

$11.23

0.09 (0.81%)

WPM

Wheaton Precious Metals

$24.45

0.27 (1.12%)

OMF

OneMain Holdings

$35.07

1.135 (3.34%)

NOK

Nokia

$5.15

0.045 (0.88%)

03/08/13
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03/06/13
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03/06/13
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