Breaking News Instant updates and real-time market news.

NEM

Newmont Goldcorp

$38.00

0.34 (0.90%)

, GG

Goldcorp

$0.00

(0.00%)

06:36
08/15/19
08/15
06:36
08/15/19
06:36

Newmont underperformance relative to peers overdone, says Citi

Newmont Goldcorp shares has underperformed the gold group by 20%-30% since the Goldcorp (GG) deal was announced, Citi analyst Alexander Hacking tells investors in a research note. This seems "highly punitive," says the analyst, who views the underperformance as overdone. His "back-of-envelope" analysis implies a market value of the Goldcorp assets of $6B with gold at $1,530 or ounce versus the $10B that Newmont paid with gold at $1,280 per ounce. Hacking reiterates a Buy rating on Newmont shares.

NEM

Newmont Goldcorp

$38.00

0.34 (0.90%)

GG

Goldcorp

$0.00

(0.00%)

NEM Newmont Goldcorp
$38.00

0.34 (0.90%)

05/23/19
SBSH
05/23/19
UPGRADE
SBSH
Buy
Newmont Mining upgraded to Buy from Neutral at Citi
05/23/19
SBSH
05/23/19
NO CHANGE
Target $12.5
SBSH
Neutral
Citi upgrades Newmont, downgrades Barrick on resumption of coverage
Citi analyst Alexander Hacking resumed coverage of Barrick Gold and downgraded the shares to Neutral from Buy while lowering his price target to $12.50 from $14. He also resumed coverage of Newmont Mining (NEM) and upgraded the shares to Buy from Neutral while raising his price target for the shares to $40 from $36. The gold sector remains challenged, but Newmont offers better value than Barrick, Hacking tells investors in a research note. After applying Barrick's 1.2 times multiple to Newmont's holdings in the joint venture assets, the analyst sees Newmont's other assets trading at only 0.76 times net asset value. This could be re-rated higher as the market starts to incorporate the joint venture into models, says Hacking.
07/03/19
BMOC
07/03/19
DOWNGRADE
Target $45
BMOC
Market Perform
Newmont Goldcorp resumed with a Market Perform from Outperform at BMO Capital
BMO Capital analyst Andrew Kaip downgraded Newmont Goldcorp to Market Perform from Outperform after resuming coverage of the name. He raised his price target for the shares to $45 from $42. While both the acquisition of Goldcorp and the formation of the Nevada joint venture have been accretive events, near-term investor uncertainty regarding the Goldcorp transaction, compounded by recent events at Musselwhite and Penasquito, are likely to "temper investor interest" until Newmont Goldcorp is able to demonstrate value, Kaip tells investors in a research note. As such, the analyst remains cautious until Newmont "demonstrates progress."
07/03/19
BMOC
07/03/19
UPGRADE
Target $20
BMOC
Outperform
Barrick Gold resumed with an Outperform from Market Perform at BMO Capital
BMO Capital analyst Andrew Kaip upgraded Barrick Gold (GOLD) to Outperform from Market Perform and raised his price target for the shares to $20 from $14.50 after resuming coverage of the name. The formation of the Nevada joint venture is a positive for Barrick as the synergies derived from consolidating the Nevada operations with Newmont Goldcorp (NEM) "unlock value," Kaip tells investors in a research note. The analyst this morning also downgraded Newmont Goldcorp to Market Perform from Outperform. He's confident the near-term benefits of the venture outweigh the risks for Barrick.
GG Goldcorp
$0.00

(0.00%)

02/12/19
UBSW
02/12/19
DOWNGRADE
UBSW
Neutral
Goldcorp downgraded to Neutral from Buy at UBS
UBS analyst Cleve Reuckert downgraded Goldcorp (GG) to Neutral citing the pending takeover by Newmont Mining (NEM).
02/26/19
RBCM
02/26/19
DOWNGRADE
RBCM
Sector Perform
Goldcorp downgraded to Sector Perform from Outperform at RBC Capital
04/08/19
RBCM
04/08/19
NO CHANGE
Target $39
RBCM
Underperform
Newmont Mining price target lowered to $39 from $41 at RBC Capital
RBC Capital analyst Stephen Walker lowered his price target on Newmont Mining (NEM) to $39 and kept his Underperform rating, saying that while his model has improved as a results of its Goldcorp (GG) takeover, integration risks are heightened and a re-rating would require evidence of the deal's success and benefits from the Nevada JV synergies. The analyst also lowers his FY19 and FY20 EPS to $1.23 and $1.28 from $1.34 and $1.51 respectively to reflect the integration risks, though he sees some upside to his estimates from better than expected synergies of the assets.
04/09/19
LEHM
04/09/19
NO CHANGE
LEHM
Barclays still positive on Metals and Mining, downgrades three on valuation
Barclays analyst Matthew Murphy remains positive on shares in the North America Metals and Mining space. The potential for higher recession probabilities could still drive demand for "safe assets," Murphy tells investors in a research note. Further, copper should benefit from a sequential acceleration in China during Q2, says the analyst. He sees several names with "significant upside" and "catalyst potential" including Teck Resources (TECK), Barrick Gold (GOLD), and Newmont Mining (NEM) and Goldcorp (GG). To reflect valuation, Murphy upgraded OceanaGold (OCANF) to Overweight from Equal Weight and downgraded to Equal Weight from Overweight shares of Agnico Eagle (AEM), Franco-Nevada (FNV) and Wheaton Precious Metals (WPM).

TODAY'S FREE FLY STORIES

NFLX

Netflix

$268.50

-18.08 (-6.31%)

, AMZN

Amazon.com

$1,800.89

-21.32 (-1.17%)

12:54
09/20/19
09/20
12:54
09/20/19
12:54
Periodicals
Netflix CEO sees 'whole new world' in November with Apple, Disney launches »

Netflix (NFLX) CEO Reed…

NFLX

Netflix

$268.50

-18.08 (-6.31%)

AMZN

Amazon.com

$1,800.89

-21.32 (-1.17%)

AAPL

Apple

$220.41

-0.5 (-0.23%)

DIS

Disney

$132.31

-1.01 (-0.76%)

CMCSA

Comcast

$46.70

0.02 (0.04%)

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

    Sep

  • 26

    Sep

  • 16

    Oct

  • 24

    Oct

  • 24

    Oct

  • 27

    Oct

YCBD

cbdMD

$4.99

0.27 (5.72%)

12:50
09/20/19
09/20
12:50
09/20/19
12:50
Hot Stocks
Breaking Hot Stocks news story on cbdMD 

cbdMD trading resumes

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

LL

Lumber Liquidators

$9.30

0.41 (4.61%)

12:47
09/20/19
09/20
12:47
09/20/19
12:47
Hot Stocks
Whitney Tilson 'bullish as ever' on Lumber Liquidators, sees potential double »

Whitney Tilson of Empire…

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

12:45
09/20/19
09/20
12:45
09/20/19
12:45
General news
Breaking General news story  »

Week of 9/20 Baker-Hughes…

12:45
09/20/19
09/20
12:45
09/20/19
12:45
General news
Breaking General news story  »

Dallas Federal Reserve…

BRX

Brixmor

$20.11

0.27 (1.36%)

12:36
09/20/19
09/20
12:36
09/20/19
12:36
Conference/Events
Brixmor management to meet with KeyBanc »

Meeting to be held in St.…

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

  • 27

    Sep

  • 03

    Oct

  • 29

    Oct

EHTH

eHealth

$77.70

-4.48 (-5.45%)

12:36
09/20/19
09/20
12:36
09/20/19
12:36
Conference/Events
eHealth management to meet with Evercore ISI »

Meeting to be held in San…

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

  • 26

    Sep

  • 02

    Oct

YCBD

cbdMD

$4.99

0.27 (5.72%)

12:35
09/20/19
09/20
12:35
09/20/19
12:35
Hot Stocks
cbdMD discloses presentation in conjunction with convertible preferred offering »

cbdMD disclosed in a…

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

USAT

USA Technologies

$7.41

-0.24 (-3.14%)

12:35
09/20/19
09/20
12:35
09/20/19
12:35
Options
USA Technologies put volume heavy and directionally bearish »

Bearish flow noted in USA…

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

TKR

Timken

$44.78

0.41 (0.92%)

12:34
09/20/19
09/20
12:34
09/20/19
12:34
Conference/Events
Timken management to meet with Evercore ISI »

Meetings to be held 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

  • 26

    Sep

  • 27

    Sep

BPL

Buckeye Partners

$41.15

-0.035 (-0.08%)

12:34
09/20/19
09/20
12:34
09/20/19
12:34
Hot Stocks
Buckeye Partners says Buckeye Bahamas Hub resumes full operations »

Buckeye Partners reported…

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

LRLCY

L'Oreal

$0.00

(0.00%)

12:34
09/20/19
09/20
12:34
09/20/19
12:34
Hot Stocks
L'Oreal announces settlement with French tax authorities »

L'Oreal announces…

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

SSNC

SS&C

$50.55

0.01 (0.02%)

12:33
09/20/19
09/20
12:33
09/20/19
12:33
Conference/Events
SS&C management to meet with Evercore ISI »

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

  • 25

    Sep

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$300.20

0.523619 (0.17%)

12:31
09/20/19
09/20
12:31
09/20/19
12:31
General news
Trump says he can leave IP out and get China deal done »

President Trump said…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$300.20

0.523619 (0.17%)

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

EEFT

Euronet

$147.35

0.92 (0.63%)

12:27
09/20/19
09/20
12:27
09/20/19
12:27
Conference/Events
Euronet participates in a conference call with Northland »

Conference call with CEO…

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

  • 26

    Sep

  • 14

    Nov

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$300.20

0.523619 (0.17%)

12:27
09/20/19
09/20
12:27
09/20/19
12:27
Hot Stocks
Trump says China buying ag products not enough for trade deal »

President Trump said in…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$300.20

0.523619 (0.17%)

ADM

Archer Daniels

$41.10

0.21 (0.51%)

AGU

Agrium

$0.00

(0.00%)

CF

CF Industries

$49.97

-0.07 (-0.14%)

MON

Bought by BAYRY

$0.00

(0.00%)

POT

Potash

$0.00

(0.00%)

ANDE

Andersons

$26.45

-0.39 (-1.45%)

SYT

Syngenta

$0.00

(0.00%)

BG

Bunge

$56.02

-0.15 (-0.27%)

IPI

Intrepid Potash

$3.41

-0.01 (-0.29%)

CMP

Compass Minerals

$57.07

-0.985 (-1.70%)

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

    Sep

  • 06

    Nov

  • 13

    Nov

REGN

Regeneron

$295.39

9.11 (3.18%)

12:25
09/20/19
09/20
12:25
09/20/19
12:25
Options
Regeneron 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

FTCH

Farfetch

$8.95

0.04 (0.45%)

12:25
09/20/19
09/20
12:25
09/20/19
12:25
Conference/Events
Cowen retail/luxury analyst to hold an analyst/industry conference call »

Retail & Luxury Goods…

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

  • 20

    Sep

12:25
09/20/19
09/20
12:25
09/20/19
12:25
Conference/Events
Cantor Fitzgerald healthcare analysts to hold analyst/industry conference call »

Healthcare Analysts host…

MGI

MoneyGram

$4.94

0.075 (1.54%)

12:24
09/20/19
09/20
12:24
09/20/19
12:24
Conference/Events
MoneyGram participates in a conference call with Northland »

Conference call with CEO…

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

    Sep

YCBD

cbdMD

$5.03

0.31 (6.57%)

12:19
09/20/19
09/20
12:19
09/20/19
12:19
Hot Stocks
Breaking Hot Stocks news story on cbdMD »

cbdMD trading halted,…

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

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
09/20/19
09/20
12:17
09/20/19
12:17
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%)

12:16
09/20/19
09/20
12:16
09/20/19
12:16
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

SONO

Sonos

$15.01

-0.065 (-0.43%)

12:15
09/20/19
09/20
12:15
09/20/19
12:15
Options
Sonos 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

MRAM

Everspin Technologies

$6.52

-0.09 (-1.36%)

12:12
09/20/19
09/20
12:12
09/20/19
12:12
Conference/Events
Everspin Technologies management to meet with Needham »

Meetings to be held 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

  • 26

    Sep

  • 27

    Sep

  • 12

    Nov

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.