Breaking News Instant updates and real-time market news.

KKR

KKR

$26.86

-0.055 (-0.20%)

07:08
09/11/19
09/11
07:08
09/11/19
07:08

KKR acquires majority stake in Burning Glass Technologies, terms not disclosed

KKR and Burning Glass Technologies announced that KKR has completed the acquisition of a majority stake in Burning Glass from Providence Strategic Growth. Financial details of the transaction were not disclosed. The investment is part of KKR's global impact strategy, which is focused on identifying and investing behind companies whose core business models provide commercial solutions that contribute toward one or more of the United Nations sustainable development goals, or SDGs. Burning Glass' data engine tracks and analyzes job market supply and demand in real-time using proprietary analytics and taxonomies. The company will continue to be led by its current executive team, including CEO Matt Sigelman and COO Josh Ticktin. Burning Glass is the fourth investment out of KKR's global impact strategy, following investments in Barghest Building Performance, Ramky Enviro Engineers Limited, and KnowBe4.

KKR KKR
$26.86

-0.055 (-0.20%)

05/21/19
05/21/19
DOWNGRADE
Target $29

Neutral
KKR downgraded to Neutral at Credit Suisse
As previously reported, Credit Suisse analyst Craig Siegenthaler downgraded KKR to Neutral from Outperform, with a $29 price target. The analyst cited a lower relative 12-month total return forecast and following the stock's 25%-30% total return year to date. Siegenthaler is re-focusing on the alts that will benefit from recent/future C-Corp conversions, generate stronger than expected fee-related earnings growth and experience less negative earnings revisions in the next economic recession.
05/21/19
05/21/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. KKR (KKR) downgraded to Neutral from Outperform at Credit Suisse analyst Craig Siegenthaler citing a lower relative 12-month total return forecast and following the stock's 25%-30% total return year to date. 2. Ocular Therapeutix (OCUL) downgraded to Market Perform from Strong Buy at Raymond James and to Market Perform from Outperform at Cowen. 3. CAE (CAE) downgraded to Market Perform from Outperform at BMO Capital and to Hold from Buy citing "limited potential returns." 4. Tremont Mortgage Trust (TRMT) downgraded to Neutral from Buy at UBS with analyst Brock Vandervliet saying last week's surprising capital raise has eroded shareholder value. 5. Carlyle Group (CG) downgraded to Neutral from Outperform at Credit Suisse with analyst Craig Siegenthaler citing a lower relative 12-month total return forecast and following the stock's mid-30% total return year to date. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/09/19
MSCO
07/09/19
NO CHANGE
MSCO
Morgan Stanley sees C-corp conversion announcement coming from Carlyle
Morgan Stanley analyst Michael Cyprys said he recommends owning Carlyle Group (CG) shares into the quarter, as he believes the company will announce plans to convert to a C-corporation along with its upcoming report, "albeit with a delayed effective date" to allow time for the complex underlying tax impact analysis. He thinks a conversion could bring greater clarity and visibility into targets, which could increase long only interest in the stock, Cyprys tells investors. In his broader preview of the earnings season for the Asset Manager group, the analyst noted that he lowered his Q2 EPS estimates by about 4% on average, cutting his estimates for Traditionals by 0.5%, for Alts by 11.5% and for Market Structure companies by 1.6%.
08/05/19
LEHM
08/05/19
INITIATION
Target $29
LEHM
Equal Weight
KKR initiated with an Equal Weight at Barclays
Barclays analyst Jeremy Campbell started KKR with an Equal Weight rating and $29 price target. The analyst says that while KKR has a unique strategy relative to the peers, it is a "bit more pro-cyclical," which warrants a little more cautions this late in the cycle.

TODAY'S FREE FLY STORIES

LHCG

LHC Group

$118.42

0.8 (0.68%)

16:50
09/16/19
09/16
16:50
09/16/19
16:50
Initiation
LHC Group initiated  »

LHC Group initiated with…

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

  • 02

    Oct

  • 03

    Oct

  • 13

    Nov

AMED

Amedisys

$130.73

-2.13 (-1.60%)

16:47
09/16/19
09/16
16:47
09/16/19
16:47
Initiation
Amedisys initiated  »

Amedisys initiated with 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

  • 16

    Sep

  • 17

    Sep

  • 18

    Sep

  • 19

    Sep

  • 13

    Nov

HLM

Hillman Companies

$0.00

(0.00%)

16:46
09/16/19
09/16
16:46
09/16/19
16:46
Hot Stocks
Hillman CEO Greg Gluchowski leaving company due to family medical issues »

The Hillman Companies…

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

ACRS

Aclaris Therapeutics

$1.09

0.06 (5.83%)

16:45
09/16/19
09/16
16:45
09/16/19
16:45
Hot Stocks
Breaking Hot Stocks news story on Aclaris Therapeutics »

Aclaris Therapeutics…

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

ALDR

Alder Biopharmaceuticals

$18.50

8.45 (84.08%)

16:40
09/16/19
09/16
16:40
09/16/19
16:40
Upgrade
Alder Biopharmaceuticals rating change  »

Alder upgraded to Equal…

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

  • 21

    Oct

  • 21

    Feb

XON

Intrexon

$6.86

0.44 (6.85%)

16:39
09/16/19
09/16
16:39
09/16/19
16:39
Hot Stocks
Intrexon falls after dismissing accountant, notes 'going concern' language »

On September 10, 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

SHOP

Shopify

$337.93

-0.77 (-0.23%)

16:38
09/16/19
09/16
16:38
09/16/19
16:38
Syndicate
Shopify files to sell 1.9M Class A subordinate voting shares »

The offering will be led…

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

    Sep

KTOV

Kitov Pharmaceuticals

$0.81

-0.003 (-0.37%)

16:37
09/16/19
09/16
16:37
09/16/19
16:37
Syndicate
Kitov Pharmaceuticals files to sell 2.81M ADSs for holders »

These American Depositary…

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

DRQ

Dril-Quip

$55.40

3.36 (6.46%)

16:37
09/16/19
09/16
16:37
09/16/19
16:37
Hot Stocks
Dril-Quip discloses termination of Ca Rong Do project, maintains guidance »

Dril-Quip announced that…

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

WOW

WideOpenWest

$6.24

0.325 (5.49%)

16:36
09/16/19
09/16
16:36
09/16/19
16:36
Hot Stocks
WOW! names Bill Case CIO, announces departure of CTO Bell »

WOW! Internet, Cable…

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

XLRN

Acceleron

$44.67

0.75 (1.71%)

16:35
09/16/19
09/16
16:35
09/16/19
16:35
Hot Stocks
Acceleron announces ACE-083 trial does not meet secondary endpoints »

Acceleron announced that…

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

    Oct

  • 17

    Oct

  • 04

    Dec

  • 04

    Apr

DMTK

DermTech

$5.80

-0.18 (-3.01%)

16:34
09/16/19
09/16
16:34
09/16/19
16:34
Hot Stocks
DermTech names Kevin Sun CFO »

DermTech announced that…

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

LDOS

Leidos

$86.22

0.38 (0.44%)

16:32
09/16/19
09/16
16:32
09/16/19
16:32
Hot Stocks
Leidos awarded $428M ISR support services contract from U.S. Army »

Leidos has been awarded 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

SAIC

SAIC

$83.81

-0.39 (-0.46%)

16:31
09/16/19
09/16
16:31
09/16/19
16:31
Hot Stocks
SAIC awarded $85M contract to provide IT services to city of Anaheim, CA »

Science Applications…

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

EHC

Encompass Health

16:31
09/16/19
09/16
16:31
09/16/19
16:31
Initiation
Encompass Health initiated  »

Encompass Health…

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

    Sep

  • 19

    Sep

SEM

Select Medical

$16.97

0.01 (0.06%)

16:31
09/16/19
09/16
16:31
09/16/19
16:31
Initiation
Select Medical initiated  »

Select Medical initiated…

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

  • 15

    Oct

  • 16

    Oct

AMED

Amedisys

$130.73

-2.13 (-1.60%)

16:31
09/16/19
09/16
16:31
09/16/19
16:31
Initiation
Amedisys initiated  »

Amedisys initiated with 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

  • 16

    Sep

  • 17

    Sep

  • 18

    Sep

  • 19

    Sep

  • 13

    Nov

16:30
09/16/19
09/16
16:30
09/16/19
16:30
Options
Preliminary option volume of 19.0M today »

Preliminary option volume…

CME

CME Group

$207.01

1.26 (0.61%)

16:29
09/16/19
09/16
16:29
09/16/19
16:29
Initiation
CME Group initiated  »

CME Group initiated with…

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

    Sep

  • 18

    Sep

  • 19

    Sep

PBH

Prestige Brands

$34.97

-1.03 (-2.86%)

16:27
09/16/19
09/16
16:27
09/16/19
16:27
Conference/Events
Prestige Brands management to meet with Jefferies »

Meeting 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

  • 17

    Sep

CBOE

Cboe Global Markets

$110.75

-0.11 (-0.10%)

16:27
09/16/19
09/16
16:27
09/16/19
16:27
Initiation
Cboe Global Markets initiated  »

Cboe Global Markets…

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

FNKO

Funko

$27.86

0.47 (1.72%)

16:26
09/16/19
09/16
16:26
09/16/19
16:26
Syndicate
Funko files to sell 4M shares of Class A common stock for holders »

J.P. Morgan is acting as…

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

CURO

Curo Group

$15.28

-0.045 (-0.29%)

16:25
09/16/19
09/16
16:25
09/16/19
16:25
Conference/Events
Curo Group 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

  • 17

    Sep

  • 20

    Sep

  • 13

    Nov

ICE

IntercontinentalExchange

$91.88

1.05 (1.16%)

16:25
09/16/19
09/16
16:25
09/16/19
16:25
Initiation
IntercontinentalExchange initiated  »

IntercontinentalExchange…

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

  • 31

    Oct

CME

CME Group

$207.01

1.26 (0.61%)

16:23
09/16/19
09/16
16:23
09/16/19
16:23
Conference/Events
CME Group management to meet with Jefferies »

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

  • 17

    Sep

  • 18

    Sep

  • 19

    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.