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UPS

UPS

$114.85

-0.87 (-0.75%)

16:07
08/12/19
08/12
16:07
08/12/19
16:07

UPS CFO Richard Peretz to retire, Brian Newman to succeed as CFO

UPS (UPS) announced Richard Peretz, UPS CFO, plans to retire. Brian Newman, currently executive VP, Finance and Operations, Latin America for PepsiCo (PEP), has been appointed UPS CFO, effective September 16. Peretz will remain with the company through December 2019 to assist Newman to ensure a smooth transition period.

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UPS UPS
$114.85

-0.87 (-0.75%)

07/25/19
07/25/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. UPS (UPS) upgraded to Buy from Neutral at BofA/Merrill with analyst Ken Hoexter saying the "e-commerce revolution" continues to drive airfreight industry growth. 2. AT&T (T) upgraded to Neutral from Underperform at Credit Suisse with analyst Douglas Mitchelson saying he believes video subscriber losses peaked in Q2/Q3 and he does not see risk to consensus 2019 estimates. Additionally, AT&T's valuation is supported by its 6.1% dividend yield, said Mitchelson. 3. Freeport McMoRan (FCX) upgraded to Sector Perform from Underperform at RBC Capital with analyst Sam Crittenden saying he is turning more "cautiously optimistic" on copper heading into 2020 and believes the stock could follow that rally. 4. Activision Blizzard (ATVI) upgraded to Buy from Neutral at BofA/Merrill with analyst Ryan Gee saying the stock is on the "verge of inflection" after a period of investment in people and content set up its "potent" content slate. 5. Etsy (ETSY) upgraded to Buy from Neutral at BTIG with analyst Marvin Fong saying a number of new catalysts has led to a "meaningful" increase in its intrinsic value. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/29/19
STFL
07/29/19
DOWNGRADE
Target $118
STFL
Hold
UPS downgraded to Hold from Buy at Stifel
Stifel analyst David Ross downgraded UPS to Hold from Buy with an unchanged price target of $118. With the shares now above his price target, the analyst prefers to move to the sidelines and wait for a better entry point. And given that UPS spoke on its earnings call of a challenging macro environment heading into year-end, its long-term initiatives will likely require extra investment in 2020 that could limit margin expansion and earnings growth next year, Ross tells investors in a research note.
07/29/19
07/29/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Starbucks (SBUX) downgraded to Neutral from Overweight at JPMorgan and to Neutral from Outperform at Baird. 2. Dow Inc. (DOW) downgraded to Neutral from Positive at Susquehanna and to Neutral from Buy at Citi. 3. Dish (DISH) downgraded to Underweight from Equal Weight at Barclays with analyst Kannan Venkateshwar saying both Dish and T-Mobile (TMUS) "have a tricky transition path to wade through" following the Justice Department's approval of the latter's merger with Sprint (S). 4. RA Pharmaceuticals (RARX) double downgraded to Market Perform at Raymond James with analyst Steven Seedhouse saying shares are fairly valued given the company's "long, competitive road ahead." 5. UPS (UPS) downgraded to Hold from Buy at Stifel with analyst David Ross saying with the shares now above his price target, the analyst prefers to move to the sidelines and wait for a better entry point. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/19
MSCO
08/08/19
NO CHANGE
MSCO
Equal Weight
Financial impact of Amazon break-up limited for FedEx, says Morgan Stanley
After various media sources indicated yesterday that FedEx (FDX) and Amazon (AMZN) each confirmed that they will not renew their ground-delivery contract, Morgan Stanley analyst Ravi Shanker said he thinks the financial impact to FedEx should be limited, but "the symbolic impact for Parcels is significant." One of the two largest e-commerce parcel delivery companies in the U.S. is no longer doing any business with the dominant e-commerce player, which "would have been unthinkable 5-7 years ago," wrote Shanker, who questions if UPS (UPS) cannot afford to similarly break up with Amazon given their outsized exposure to them as a customer. He also questions when Amazon's contract with UPS is up for renewal and what they will do when that happens given Amazon's recent history of suddenly pulling or not renewing deals, such as with FedEx and XPO Logistics (XPO). Shanker has an Equal Weight rating on FedEx and an Underweight rating on UPS.

TODAY'S FREE FLY STORIES

PCG

PG&E

$10.35

-3.95 (-27.62%)

, AMGN

Amgen

$202.49

-1.46 (-0.72%)

12:22
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08/19
12:22
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12:22
On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks have been rising…

PCG

PG&E

$10.35

-3.95 (-27.62%)

AMGN

Amgen

$202.49

-1.46 (-0.72%)

PANW

Palo Alto Networks

$196.50

-2.76 (-1.39%)

WB

Weibo

$41.70

4.65 (12.55%)

DRYS

DryShips

$5.19

1.355 (35.38%)

EL

Estee Lauder

$197.80

18.54 (10.34%)

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LOW

Lowe's

$95.37

1.46 (1.55%)

, HD

Home Depot

$206.92

3.28 (1.61%)

12:19
08/19/19
08/19
12:19
08/19/19
12:19
On The Fly
Fly Intel: What to watch in Home Depot, Lowe's earnings reports »

Home improvement…

LOW

Lowe's

$95.37

1.46 (1.55%)

HD

Home Depot

$206.92

3.28 (1.61%)

JCP

J.C. Penney

$0.61

0.0122 (2.04%)

SHLD

Sears

$0.00

(0.00%)

AMZN

Amazon.com

$1,823.13

31.31 (1.75%)

03/08/13
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
08/19/19
08/19
12:17
08/19/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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GOOG

Alphabet

$1,202.00

25.06 (2.13%)

, GOOGL

Alphabet Class A

$1,204.36

25.67 (2.18%)

12:16
08/19/19
08/19
12:16
08/19/19
12:16
Hot Stocks
Trump says 'Google should be sued' over role in 2016 election »

President Donald Trump…

GOOG

Alphabet

$1,202.00

25.06 (2.13%)

GOOGL

Alphabet Class A

$1,204.36

25.67 (2.18%)

03/08/13
Wedge Partners
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Citigroup
03/06/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
08/19/19
08/19
12:16
08/19/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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APAM

Artisan Partners

$26.64

0.43 (1.64%)

12:14
08/19/19
08/19
12:14
08/19/19
12:14
Conference/Events
Artisan Partners management to meet with Jefferies »

Meeting to be held in…

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  • 20

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ARMK

Aramark

$40.72

3.65 (9.85%)

, PCG

PG&E

$10.43

-3.87 (-27.06%)

12:13
08/19/19
08/19
12:13
08/19/19
12:13
On The Fly
Aramark upgrades, PG&E double downgrade among today's top analyst calls »

Check out today's top…

ARMK

Aramark

$40.72

3.65 (9.85%)

PCG

PG&E

$10.43

-3.87 (-27.06%)

CVX

Chevron

$117.16

1.37 (1.18%)

XOM

Exxon Mobil

$69.22

0.92 (1.35%)

BTU

Peabody Energy

$19.31

0.13 (0.68%)

ARLP

Alliance Resource Partners

$14.95

(0.00%)

SONO

Sonos

$13.14

1.24 (10.42%)

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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  • 23

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QUOT

Quotient Technology

$7.84

0.035 (0.45%)

12:11
08/19/19
08/19
12:11
08/19/19
12:11
Hot Stocks
Elk Creek Partners reports 5.37% passive stake in Quotient Technology »

In a regulatory filing,…

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03/06/13
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12:05
08/19/19
08/19
12:05
08/19/19
12:05
General news
Treasury's $87 B 3- and 6-month bill auctions were mixed »

Treasury's $87 B 3-…

BMA

Banco Macro

$34.53

-3.75 (-9.80%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Banco Macro falls -9.8% »

Banco Macro is down…

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03/06/13
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BBAR

BBVA

$5.29

-0.575 (-9.80%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
BBVA falls -10.0% »

BBVA is down -10.0%, or…

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03/06/13
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PCG

PG&E

$10.29

-4.01 (-28.04%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
PG&E falls -27.9% »

PG&E is down -27.9%,…

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EL

Estee Lauder

$197.12

17.86 (9.96%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Estee Lauder rises 9.9% »

Estee Lauder is up 9.9%,…

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  • 19

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MYOV

Myovant Sciences

$7.90

0.92 (13.18%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Myovant Sciences rises 13.1% »

Myovant Sciences is up…

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NM

Navios Maritime

$4.98

0.58 (13.18%)

12:00
08/19/19
08/19
12:00
08/19/19
12:00
Hot Stocks
Navios Maritime rises 13.3% »

Navios Maritime is up…

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REPYY

Repsol

$0.00

(0.00%)

11:56
08/19/19
08/19
11:56
08/19/19
11:56
Downgrade
Repsol rating change  »

Repsol downgraded to…

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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MLM

Martin Marietta

$254.47

-0.27 (-0.11%)

11:56
08/19/19
08/19
11:56
08/19/19
11:56
Conference/Events
Martin Marietta management to meet with Jefferies »

Meetings to be held in…

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GGAL

Grupo Financiero

$15.57

-2.14 (-12.08%)

11:55
08/19/19
08/19
11:55
08/19/19
11:55
Options
Grupo Financiero put volume heavy and directionally bearish »

Bearish flow noted in…

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RDS.A

Royal Dutch Shell

$56.25

0.7 (1.26%)

, RDS.B

Royal Dutch Shell

$56.37

0.815 (1.47%)

11:49
08/19/19
08/19
11:49
08/19/19
11:49
Downgrade
Royal Dutch Shell, Royal Dutch Shell rating change  »

Royal Dutch Shell…

RDS.A

Royal Dutch Shell

$56.25

0.7 (1.26%)

RDS.B

Royal Dutch Shell

$56.37

0.815 (1.47%)

03/08/13
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11:37
08/19/19
08/19
11:37
08/19/19
11:37
General news
3-Month Bill Auction Total Amount data reported »

3-Month Bill Auction…

11:37
08/19/19
08/19
11:37
08/19/19
11:37
General news
6-Month Bill Auction Total Amount data reported »

6-Month Bill Auction…

GFF

Griffon

$18.28

0.45 (2.52%)

11:33
08/19/19
08/19
11:33
08/19/19
11:33
Conference/Events
Griffon management to meet with Sidoti »

Meetings to be held 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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SPY

SPDR S&P 500 ETF Trust

$292.26

3.47 (1.20%)

, SPX

S&P 500

$0.00

(0.00%)

11:31
08/19/19
08/19
11:31
08/19/19
11:31
General news
Trump says Fed rate 'should be reduced by at least 100 basis points' »

President Donald Trump…

SPY

SPDR S&P 500 ETF Trust

$292.26

3.47 (1.20%)

SPX

S&P 500

$0.00

(0.00%)

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APO

Apollo Global

$34.20

2.17 (6.77%)

, TGNA

Tegna

$15.82

0.74 (4.91%)

11:29
08/19/19
08/19
11:29
08/19/19
11:29
Periodicals
Apollo tells Bloomberg didn't approach Tegna about selling stations to Tegna »

A spokesperson for Apollo…

APO

Apollo Global

$34.20

2.17 (6.77%)

TGNA

Tegna

$15.82

0.74 (4.91%)

03/08/13
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  • 05

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BSET

Bassett Furniture

$12.48

0.49 (4.09%)

11:25
08/19/19
08/19
11:25
08/19/19
11:25
Conference/Events
Bassett Furniture management to meet with Sidoti »

Meeting to be held in New…

03/08/13
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