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WE

We Company

$0.00

(0.00%)

, SFTBF

SoftBank

$0.00

(0.00%)

06:28
10/15/19
10/15
06:28
10/15/19
06:28

WeWork prefers JPMorgan's offer vs. SoftBank rescue, Bloomberg reports

WeWork (WE) is leaning toward a near $5B financing package led by JPMorgan (JPM) instead of selling a controlling stake to Japan's SoftBank (SFTBF), Bloomberg's Davide Scigliuzzo, Michelle Davis, Gillian Tan, and Sarah McBride report, citing people with knowledge of the matter. The debt package may include at least $2B of unsecured notes with a 15% coupon, the people say, adding that WeWork prefers the JPMorgan package over a stake sale to SoftBank, which already owns around one-third of the company, because it would not dilute the stakes of top private shareholders. Reference Link

WE

We Company

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

SFTBY

SoftBank

$0.00

(0.00%)

JPM

JPMorgan

$116.39

0.23 (0.20%)

  • 15

    Oct

  • 27

    Oct

  • 04

    Nov

  • 06

    Nov

WE We Company
$0.00

(0.00%)

09/10/19
09/10/19
NO CHANGE

We Company IPO is 'full speed ahead,' CNBC reports
The initial public offering of We Company is moving "full speed ahead" despite reports of the valuation reductions, CNBC's David Faber reports, citing sources close to the situation.
SFTBF SoftBank
$0.00

(0.00%)

12/12/18
RBCM
12/12/18
NO CHANGE
Target $230
RBCM
Outperform
Nvidia price target lowered to $230 from $260 at RBC Capital
RBC Capital analyst Mitch Steves lowered his price target on Nvidia (NVDA) to $230 after yesterday's report that Softbank (SFTBF) is exploring the sale of its stake in the company early next year. The analyst believes that in the near-term, the speculation is a negative since Softbank has "solid information on overall Data Center trends". Steves maintains his Outperform rating however, stating that a number of long-only investment managers have not participated in the run-up of the stock price. The analyst adds that Nvidia's long-term investment story around "AI/VR/AR/Autonomous" driving remains intact.
02/28/19
BTIG
02/28/19
NO CHANGE
Target $60
BTIG
Buy
SoftBank price target raised to $60 from $50 at BTIG
BTIG analyst Walter Piecyk raised his price target on SoftBank (SFTBY) to $60 and kept his Buy rating, citing his "better understanding" of the previously acquired ARM Holdings business which warrants a higher multiple. The analyst also sees a major catalyst coming in the "imminent decision" around Sprint (S) / T-Mobile (TMUS) deal, which could amount to additional $14 price target impact on Softbank shares.
SFTBY SoftBank
$0.00

(0.00%)

07/08/19
WBLR
07/08/19
NO CHANGE
WBLR
Outperform
AeroVironment can take 'material' share in $15B market, says William Blair
AeroVironment (AVAV) can take "material" market share from the $15B per year satellite manufacturing industry as a supplier to Softbank (SFTBY), William Blair analyst Louie DiPalma tells investors in a research note after meeting with the head of Softbank's Advanced Technology Division, Ryuji Wakikawa. The analyst points out that Softbank in January 2018 formed a joint venture with AeroVironment called HAPSMobile to develop high-altitude, solar-powered drones for the purpose of providing next-generation Internet of Things connectivity. HAPSMobile now represents nearly 20% of AeroVironment's sales, DiPalma says. He affirms an Outperform rating on AeroVironment shares.
JPM JPMorgan
$116.39

0.23 (0.20%)

09/16/19
BUCK
09/16/19
DOWNGRADE
BUCK
Neutral
JPMorgan downgraded to Neutral from Buy at Buckingham
09/16/19
BUCK
09/16/19
DOWNGRADE
Target $122
BUCK
Neutral
Buckingham downgrades 'great company' JPMorgan to Neutral on valuation
As previously reported, Buckingham analyst James Mitchell downgraded JPMorgan to Neutral from Buy, calling it a "great company" whose shares have become fairly valued and now trade at nearly a 30% premium on a P/E basis to its peer group. He stills views JPMorgan as an attractive story for long-term holders and believes its "best-in-class" top line growth and returns can continue. Mitchell has a $122 price target on JPMorgan shares.
09/16/19
09/16/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Halliburton (HAL) downgraded to Equal Weight from Overweight at Barclays with analyst J. David Anderson saying he sees "only modest upside" to the shares after revising his estimates lower. 2. Aurora Cannabis (ACB) downgraded to Sell from Hold at Stifel with analyst W. Andrew Carter saying he sees "meaningful downside" from current share levels following the company's "disappointing" Q4 earnings release. 3. HP Inc. (HPQ) downgraded to Neutral from Buy at UBS with analyst John Roy saying he points to downside risk for the company's flat expectations in its printing supplies business amid low visibility and uncertain macro backdrop. Roy further believes that HP's PC margin would decline by more than consensus as the company passes through the component price declines and the sales mix shift away from commercial. 4. Dick's Sporting (DKS) downgraded to Market Perform from Outperform at Wells Fargo with analyst Tom Nikic saying now that Dick's has returned to positive comps and the stock has re-rated, the risk/reward is more evenly balanced. 5. JPMorgan (JPM) downgraded to Neutral from Buy at Buckingham with analyst James Mitchell citing valuation. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/24/19
MSCO
09/24/19
NO CHANGE
MSCO
Large-cap banks aren't gaining deposit market share, says Morgan Stanley
Morgan Stanley analyst Ken Zerbe said he continues to hear the "false narrative" that large-cap banks must be gaining market share due to their superior technology, but he insists they are not and that small and mid-cap banks have consistently gained deposit market share over the last five years. Individual large-cap banks that have had the biggest deposit share gains include Goldman Sachs (GS), Ally Financial (ALLY) and Synchrony Financial (SYF), while mid-cap banks that have delivered the biggest gains in share of total deposits include First Republic (FRC), KeyCorp (KEY) and Huntington (HBAN), Zerbe tells investors. Large-cap banks that have seen the largest declines in their respective individual shares of total deposits include JPMorgan (JPM), Wells Fargo (WFC) and Citigroup (C), while deposit share losers among mid-cap banks include Comerica (CMA), Prosperity Bancshares (PB) and Zions (ZION), said Zerbe.

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ALB

Albemarle

$67.72

-0.29 (-0.43%)

06:27
11/12/19
11/12
06:27
11/12/19
06:27
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Albemarle rating change  »

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EPAY

Bottomline Technologies

$46.65

1.33 (2.93%)

06:24
11/12/19
11/12
06:24
11/12/19
06:24
Recommendations
Bottomline Technologies analyst commentary  »

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PRCP

Perceptron

$4.56

(0.00%)

06:21
11/12/19
11/12
06:21
11/12/19
06:21
Hot Stocks
Perceptron announces Chairman Jay Freeland named Interim CEO »

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STOK

Stoke Therapeutics

$29.83

-0.17 (-0.57%)

06:20
11/12/19
11/12
06:20
11/12/19
06:20
Initiation
Stoke Therapeutics initiated  »

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GOOG

Alphabet

$1,298.76

-10.6 (-0.81%)

, GOOGL

Alphabet Class A

$1,297.98

-10 (-0.76%)

06:20
11/12/19
11/12
06:20
11/12/19
06:20
Periodicals
Google quietly working with health system on healthcare data project, BI reports »

Google has been quietly…

GOOG

Alphabet

$1,298.76

-10.6 (-0.81%)

GOOGL

Alphabet Class A

$1,297.98

-10 (-0.76%)

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EPC

Edgewell Personal Care

$36.46

-0.81 (-2.17%)

06:19
11/12/19
11/12
06:19
11/12/19
06:19
Earnings
Edgewell Personal Care sees FY20 adj. EPS $3.10-$3.30. consensus $3.32 »

Sees FY20 revenue down…

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XPO

XPO Logistics

$84.16

-0.45 (-0.53%)

06:19
11/12/19
11/12
06:19
11/12/19
06:19
Recommendations
XPO Logistics analyst commentary  »

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GS

Goldman Sachs

$218.99

-3.93 (-1.76%)

, AAPL

Apple

$262.16

1.96 (0.75%)

06:18
11/12/19
11/12
06:18
11/12/19
06:18
Periodicals
Goldman to let Apple Card customers appearl credit limit, BI reports »

Goldman Sachs (GS) will…

GS

Goldman Sachs

$218.99

-3.93 (-1.76%)

AAPL

Apple

$262.16

1.96 (0.75%)

03/08/13
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CWK

Cushman & Wakefield

$18.92

0.24 (1.28%)

06:16
11/12/19
11/12
06:16
11/12/19
06:16
Syndicate
Cushman & Wakefield files to sell 10M ordinary shares for holders »

Morgan Stanley is serving…

03/08/13
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HBM

Hudbay Minerals

$3.66

-0.09 (-2.40%)

06:16
11/12/19
11/12
06:16
11/12/19
06:16
Downgrade
Hudbay Minerals rating change  »

Hudbay Minerals…

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  • 12

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RETA

Reata Pharmaceuticals

$213.52

1.48 (0.70%)

06:15
11/12/19
11/12
06:15
11/12/19
06:15
Recommendations
Reata Pharmaceuticals analyst commentary  »

Reata Pharmaceuticals…

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  • 12

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OII

Oceaneering

$13.99

-0.29 (-2.03%)

06:13
11/12/19
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06:13
11/12/19
06:13
Initiation
Oceaneering initiated  »

Oceaneering resumed with…

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ALGT

Allegiant Travel

$169.97

1.81 (1.08%)

06:12
11/12/19
11/12
06:12
11/12/19
06:12
Recommendations
Allegiant Travel analyst commentary  »

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AER

AerCap

$60.29

-0.31 (-0.51%)

06:09
11/12/19
11/12
06:09
11/12/19
06:09
Recommendations
AerCap analyst commentary  »

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  • 13

    Nov

WU

Western Union

$27.35

-0.52 (-1.87%)

06:09
11/12/19
11/12
06:09
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06:09
Downgrade
Western Union rating change  »

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UBS

UBS

$12.41

-0.01 (-0.08%)

06:07
11/12/19
11/12
06:07
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06:07
Hot Stocks
UBS fined by Hong Kong regulator for overcharging clients »

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HLX

Helix Energy

$8.56

0.03 (0.35%)

06:07
11/12/19
11/12
06:07
11/12/19
06:07
Initiation
Helix Energy initiated  »

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FENC

Fennec

$5.24

0.13 (2.54%)

06:06
11/12/19
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06:06
11/12/19
06:06
Earnings
Fennec reports Q3 EPS (9c), consensus (20c) »

Cash and cash equivalents…

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RDNT

RadNet

$16.14

0.09 (0.56%)

06:06
11/12/19
11/12
06:06
11/12/19
06:06
Hot Stocks
Breaking Hot Stocks news story on RadNet »

RadNet raises FY19 CapEx…

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  • 12

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KBR

KBR

$29.63

0.44 (1.51%)

06:05
11/12/19
11/12
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06:05
Hot Stocks
KBR ROSE technology selected for modernization project at India refinery »

KBR announced that its…

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  • 03

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RDNT

RadNet

$16.14

0.09 (0.56%)

06:05
11/12/19
11/12
06:05
11/12/19
06:05
Earnings
RadNet backs FY19 revenue view $1.1B-$1.15B, consensus $1.13B »

Backs FY19 adjusted…

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  • 12

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OII

Oceaneering

$13.99

-0.29 (-2.03%)

06:05
11/12/19
11/12
06:05
11/12/19
06:05
Initiation
Oceaneering initiated  »

Oceaneering initiated…

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DYNT

Dynatronics

$0.84

0.0296 (3.65%)

06:04
11/12/19
11/12
06:04
11/12/19
06:04
Earnings
Breaking Earnings news story on Dynatronics »

Dynatronics backs FY20…

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NOG

Northern Oil and Gas

$2.06

-0.07 (-3.29%)

06:04
11/12/19
11/12
06:04
11/12/19
06:04
Hot Stocks
Northern Oil and Gas sees FY19 production 38,750BOE-39,150BOE per day »

Sees FY19 production…

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RDNT

RadNet

$16.14

0.09 (0.56%)

06:04
11/12/19
11/12
06:04
11/12/19
06:04
Earnings
RadNet reports Q3 adjusted EPS 8c, consensus 10c »

Reports Q3 revenue…

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