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GE

General Electric

$9.05

-0.11 (-1.20%)

16:30
08/12/19
08/12
16:30
08/12/19
16:30

GE bear trims position after 400% two-week gain

GE bear trims position after 400% two-week gain. Trader sold 40K Sep 9 puts this afternoon for 42c tied to a 2M share delta hedge at 9.01. Matches a position opened on July 31, following earnings, for 9c when shares were $10.51. 33c gain works out to nearly 1.3M on the $370K position.

  • 09

    Sep

  • 30

    Oct

GE General Electric
$9.05

-0.11 (-1.20%)

07/23/19
GDHS
07/23/19
NO CHANGE
Target $7
GDHS
Underperform
GE set Q2 cash guidance bar 'excessively' low, says Gordon Haskett
Gordon Haskett analyst John Inch said he expects General Electric to significantly beat its Industrial free cash flow guidance of ($1B-$2B) when the company reports second quarter results next week, but that reflects the degree to which GE "set the cash expectations bar at an (excessively) low level," according to Inch. Looking ahead, tougher comparisons and a waning global economic outlook could make for a tougher road in terms of cash flow, said Inch, who keeps an Underperform rating and $7 price target on GE shares.
07/31/19
JPMS
07/31/19
NO CHANGE
JPMS
Underweight
JPMorgan's Tusa says GE guidance drivers 'low quality,' would sell into strength
JPMorgan analyst Stephen Tusa says General Electric reported an operation miss in Q2 driven by a material miss at its Aviation unit and it also reported free cash flow that missed his estimate. While the company raised its headline guidance, the drivers of the raise "seem low quality" as the company's segments "are trending at best in line," Tusa tells investors. He would sell any strength today in the shares following the report and keeps an Underweight rating on shares of General Electric. The stock is up about 4% in pre-market trading, but Tusa contends that "like in the past, the underlying core fundamentals are actually a bit worse."
08/01/19
WBLR
08/01/19
NO CHANGE
WBLR
Outperform
GE operational and financial turnaround building momentum, says William Blair
General Electric's Q2 report yesterday "included further tangible evidence" that its operational and financial turnaround is beginning to build momentum, William Blair analyst Nicholas Heymann tells investors in a research note. GE's year-to-date free cash flow use was $2.2B, down $0.8B from the first half of 2018, while its Industrial organic sales grew sequentially to 7% from 5%, Heymann points out. The analyst reaffirms an Outperform rating on the shares. GE's fundamental prospects and underlying value "continue to remain extremely divergent within the investment community," says Heymann. However, he sees "growing irrefutable evidence that the worst is not only past but also that GE's fundamental forward visibility is gradually beginning to improve as its financial stability returns." The analyst pegs GE's underlying intrinsic value, with no value assigned to Power, between $14 and $16 per share. This range now seems to be a "highly feasible base-case valuation" for the stock over the next 6-12 months, according to Heymann. Shares of General Electric closed yesterday up 2c to $10.45.
08/12/19
JPMS
08/12/19
NO CHANGE
Target $5
JPMS
Underweight
General Electric fundamentals 'continue to look negative,' says JPMorgan's Tusa
JPMorgan analyst Stephen Tusa came away from General Electric's Q2 results with no change to his "well below consensus view." GE Power needs a positive core profit contribution on $1B in negative mix revenue headwind "to just get back to breakeven," Tusa tells investors in a research note. Further, Aviation needs 35% growth in its Military business to hit guidance, adds the analyst. Despite the Street's enthusiasm around a beat to low guidance, GE's fundamentals "continue to look negative," argues Tusa. He keeps an Underweight rating on shares of General Electric with a $5 price target. The stock closed Friday down 34c to $9.15.

TODAY'S FREE FLY STORIES

WMT

Walmart

$111.90

-0.11 (-0.10%)

06:19
08/23/19
08/23
06:19
08/23/19
06:19
Periodicals
Walmart to reopen El Paso store after renovations, WSJ reports »

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03/08/13
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    Sep

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    Nov

VMW

VMware

$148.15

0.11 (0.07%)

, PVTL

Pivotal Software

$13.69

0.01 (0.07%)

06:19
08/23/19
08/23
06:19
08/23/19
06:19
Recommendations
VMware, Pivotal Software, Carbon Black analyst commentary  »

VMware price target…

VMW

VMware

$148.15

0.11 (0.07%)

PVTL

Pivotal Software

$13.69

0.01 (0.07%)

CBLK

Carbon Black

$24.52

1.77 (7.78%)

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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  • 04

    Sep

  • 10

    Sep

  • 10

    Oct

UBS

UBS

$10.64

0.165 (1.58%)

06:16
08/23/19
08/23
06:16
08/23/19
06:16
Periodicals
UBS faces backlash over complex investment strategy, WSJ reports »

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03/08/13
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MO

Altria Group

$46.57

0.32 (0.69%)

06:12
08/23/19
08/23
06:12
08/23/19
06:12
Periodicals
Regulators are investigating incidents of lung ailments from Vaping, WSJ says »

Betsy McKay, of the Wall…

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

L Brands

$19.33

-0.72 (-3.59%)

06:12
08/23/19
08/23
06:12
08/23/19
06:12
Downgrade
L Brands rating change  »

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03/08/13
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03/06/13
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  • 23

    Sep

  • 21

    Nov

ORCL

Oracle

$53.18

-0.08 (-0.15%)

06:12
08/23/19
08/23
06:12
08/23/19
06:12
Periodicals
Oracle sues Ellison, Catz over NetSuite acquisition, Business Insider reports »

Oracle is suing its own…

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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FB

Facebook

$182.08

-1.48 (-0.81%)

06:10
08/23/19
08/23
06:10
08/23/19
06:10
Periodicals
Facebook pushes Instagram to grow ad business, The Information reports »

Instagram is facing…

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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  • 15

    Sep

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    Sep

  • 27

    Oct

TSLA

Tesla

$222.07

1.18 (0.53%)

, PCRFY

Panasonic

$0.00

(0.00%)

06:08
08/23/19
08/23
06:08
08/23/19
06:08
Periodicals
Tesla in talks with LG Chem for batteries in China, Reuters reports »

Tesla (TSLA) is in…

TSLA

Tesla

$222.07

1.18 (0.53%)

PCRFY

Panasonic

$0.00

(0.00%)

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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  • 09

    Sep

  • 23

    Sep

PDS

Precision Drilling

$1.13

-0.02 (-1.74%)

06:06
08/23/19
08/23
06:06
08/23/19
06:06
Hot Stocks
Precision Drilling announces approval of normal course issuer bid »

Precision Drilling…

03/08/13
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03/08/13
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PVTL

Pivotal Software

$13.69

0.01 (0.07%)

, VMW

VMware

$148.15

0.11 (0.07%)

06:06
08/23/19
08/23
06:06
08/23/19
06:06
Downgrade
Pivotal Software, VMware rating change  »

Pivotal Software…

PVTL

Pivotal Software

$13.69

0.01 (0.07%)

VMW

VMware

$148.15

0.11 (0.07%)

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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  • 04

    Sep

  • 10

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  • 10

    Oct

PACW

PacWest Bancorp

$33.83

0.56 (1.68%)

06:05
08/23/19
08/23
06:05
08/23/19
06:05
Initiation
PacWest Bancorp initiated  »

PacWest Bancorp initiated…

03/08/13
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03/06/13
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03/06/13
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  • 23

    Sep

CAAP

Corporacion America Airport

$5.81

0.295 (5.35%)

06:04
08/23/19
08/23
06:04
08/23/19
06:04
Hot Stocks
Corporacion America Airport reports Q2 passenger traffic up 3.8% y/y »

Cargo volume increased…

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

    Aug

NVS

Novartis

$88.97

-1.23 (-1.36%)

06:04
08/23/19
08/23
06:04
08/23/19
06:04
Periodicals
FDA zeroes in on Novartis delay in reporting data manipulation, WSJ reports »

Regulators examining test…

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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  • 03

    Sep

  • 09

    Sep

  • 19

    Sep

  • 25

    Sep

CAAP

Corporacion America Airport

$5.81

0.295 (5.35%)

06:03
08/23/19
08/23
06:03
08/23/19
06:03
Earnings
Corporacion America Airport reports Q2 EPS 31c, may not compare consensus (10c) »

Reports Q2 revenue…

03/08/13
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  • 23

    Aug

QFIN

360 Finance

$10.65

0.05 (0.47%)

06:03
08/23/19
08/23
06:03
08/23/19
06:03
Hot Stocks
360 Finance CEO Jun Xu resigns, Haisheng Wu named successor »

360 Finance announced…

03/08/13
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  • 23

    Aug

TGI

Triumph Group

$22.70

0.19 (0.84%)

06:00
08/23/19
08/23
06:00
08/23/19
06:00
Downgrade
Triumph Group rating change  »

Triumph Group downgraded…

03/08/13
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DB

Deutsche Bank

$7.17

0.155 (2.21%)

, BNPQY

BNP Paribas

$0.00

(0.00%)

06:00
08/23/19
08/23
06:00
08/23/19
06:00
Periodicals
Deutsche Bank to move up to 800 staff members to BNP Paribas, FT reports »

Deutsche Bank (DB) plans…

DB

Deutsche Bank

$7.17

0.155 (2.21%)

BNPQY

BNP Paribas

$0.00

(0.00%)

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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MO

Altria Group

$46.57

0.32 (0.69%)

05:57
08/23/19
08/23
05:57
08/23/19
05:57
Upgrade
Altria Group rating change  »

Altria Group upgraded to…

03/08/13
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AMZN

Amazon.com

$1,804.00

-19.19 (-1.05%)

05:52
08/23/19
08/23
05:52
08/23/19
05:52
Periodicals
Amazon to stop using tips to cover wages for Flex drivers, LA Times reports »

Amazon says it will no…

03/08/13
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  • 27

    Oct

OXY

Occidental Petroleum

$44.69

-0.35 (-0.78%)

05:49
08/23/19
08/23
05:49
08/23/19
05:49
Initiation
Occidental Petroleum initiated at Jefferies »

Occidental Petroleum…

03/08/13
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  • 27

    Aug

LZB

La-Z-Boy

$31.52

1.48 (4.93%)

05:45
08/23/19
08/23
05:45
08/23/19
05:45
Upgrade
La-Z-Boy rating change  »

La-Z-Boy upgraded to…

03/08/13
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  • 27

    Aug

HPQ

HP Inc.

$18.91

-0.04 (-0.21%)

05:45
08/23/19
08/23
05:45
08/23/19
05:45
Downgrade
HP Inc. rating change at Evercore ISI »

HP Inc. downgraded In…

03/08/13
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  • 10

    Sep

HCM

Hutchison China MediTech

$20.53

0.13 (0.64%)

05:34
08/23/19
08/23
05:34
08/23/19
05:34
Hot Stocks
Chi-Med initiates Phase I study of HMPL-523 »

Hutchison China MediTech…

03/08/13
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  • 09

    Sep

SMSEY

Samsonite International

$0.00

(0.00%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
Samsonite International management to meet with JPMorgan »

Meetings to be held in…

03/08/13
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  • 23

    Aug

SERV

ServiceMaster

$58.21

0.37 (0.64%)

04:55
08/23/19
08/23
04:55
08/23/19
04:55
Conference/Events
ServiceMaster management to meet with Buckingham »

Meeting to be held in New…

03/08/13
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  • 23

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