Breaking News Instant updates and real-time market news.

C

Citi

$70.29

0.01 (0.01%)

10:22
10/15/19
10/15
10:22
10/15/19
10:22

Citi sees expenses down sequentially in Q4, 'solid' pre-tax earnings growth

For Q4 in ICG, Citi sees markets and IB revenues reflecting the overall environment in Q4, not seeing repeat from challenging environment last year. Sees continued y/y revenue growth in all regions in consumer in Q4.

  • 15

    Oct

  • 15

    Oct

  • 12

    Nov

C Citi
$70.29

0.01 (0.01%)

07/26/19
07/26/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Goldman Sachs (GS) and Citi (C) upgraded to Outperform from Market Perform at Keefe Bruyette. 2. Ambev (ABEV) upgraded to Neutral from Underweight at JPMorgan with analyst Lucas Ferreira saying the post-earnings share rally shows that investors are chasing good growth stories to play Brazil's economic recovery. 3. West Pharmaceutical (WST) upgraded to Neutral from Underperform at BofA/Merrill with analyst Derik de Bruin saying that over the course of the first half, the company addressed his prior concerns around organic revenue growth and product mix trends while also boosting its operating margins and generating higher free cash flows. 4. Union Pacific (UNP) upgraded to Overweight from Neutral at Atlantic Equities, while CSX (CSX) was upgraded to Neutral from Underweight. 5. Hasbro (HAS) upgraded to Buy from Hold at Argus with analyst John Staszak citing the company's dominant position with a range of "strong" brands as well as in the big-screen business. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/06/19
BOFA
09/06/19
NO CHANGE
BOFA
BofA/Merrill sees Citi, Citizens BB&T risk/reward as 'compelling'
BofA Merrill Lynch analyst Erika Najarian said she does not believe bank stocks are pricing in a recession, though they are "bearing the brunt of cycle concerns." Bank stocks could be at a near-term bottom, said Najarian, who sees compelling risk/rewards for shares of Citi (C), Citizens Financial (CFG) and BB&T (BBT) even when taking into account theoretical fair value in a recession. Even in the case of a recession, banks have materially improved underwriting since the financial crisis and she estimates an average 46% EPS hit in a downturn but only a 5% hit in tangible book value versus consensus 2020 forecasts, Najarian tells investors.
09/10/19
UBSW
09/10/19
DOWNGRADE
Target $49
UBSW
Neutral
Wells Fargo downgraded to Neutral from Buy at UBS
UBS analyst Saul Martinez downgraded Wells Fargo (WFC) to Neutral and lowered his price target on the stock to $49 from $51. The analyst attributes the rating change to his reduced estimates for earnings and lower net interest income along with the continued uncertainty and low visibility around the progress in the management's efficiency improvements. Martinez also cites Wells Fargo's relative valuation, with shares trading at 11.3-times expected FY20 earnings - a premium to JP Morgan's (JPM) 10.8-times, Bank of America's (BAC) 9.2-times, and Citigroup's (C) 7.9-times.
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.

TODAY'S FREE FLY STORIES

TUFN

Tufin

$17.32

-0.22 (-1.25%)

16:44
11/18/19
11/18
16:44
11/18/19
16:44
Initiation
Tufin initiated  »

Tufin 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

I

Intelsat

16:43
11/18/19
11/18
16:43
11/18/19
16:43
Downgrade
Intelsat rating change  »

Evercore downgrades…

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

  • 10

    Dec

CRWD

Crowdstrike

$57.06

-2.73 (-4.57%)

16:43
11/18/19
11/18
16:43
11/18/19
16:43
Initiation
Crowdstrike initiated  »

Crowdstrike 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

  • 05

    Dec

  • 12

    Dec

FBHS

Fortune Brands

$63.57

0.53 (0.84%)

16:43
11/18/19
11/18
16:43
11/18/19
16:43
Hot Stocks
Fortune Brands CEO sells 97.4K shares of common stock »

In a regulatory filing,…

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

SPLK

Splunk

$122.75

3.6 (3.02%)

16:42
11/18/19
11/18
16:42
11/18/19
16:42
Initiation
Splunk initiated  »

Splunk 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

  • 21

    Nov

ZS

Zscaler

$44.46

-1.37 (-2.99%)

16:41
11/18/19
11/18
16:41
11/18/19
16:41
Initiation
Zscaler initiated  »

Zscaler 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

  • 03

    Dec

  • 09

    Dec

  • 16

    Dec

CAAP

Corporacion America Airport

$3.78

0.02 (0.53%)

16:41
11/18/19
11/18
16:41
11/18/19
16:41
Hot Stocks
Corporacion America Airport reports October passenger traffic flat y/y »

Corporacion America…

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

  • 22

    Nov

OKTA

Okta

$121.19

3.74 (3.18%)

16:41
11/18/19
11/18
16:41
11/18/19
16:41
Upgrade
Okta rating change  »

Okta upgraded to Buy from…

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

  • 05

    Dec

  • 16

    Dec

DG

Dollar General

$160.01

-0.13 (-0.08%)

16:39
11/18/19
11/18
16:39
11/18/19
16:39
Hot Stocks
Dollar General to pay $6M to settle discrimination lawsuit brought by EEOC »

Major retail chain Dollar…

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

  • 05

    Dec

  • 09

    Dec

I

Intelsat

$7.98

-5.42 (-40.45%)

16:38
11/18/19
11/18
16:38
11/18/19
16:38
Recommendations
Intelsat analyst commentary  »

Intelsat price target…

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

  • 10

    Dec

GPC

Genuine Parts

$105.38

0.57 (0.54%)

, HDS

HD Supply

$40.24

-0.5 (-1.23%)

16:38
11/18/19
11/18
16:38
11/18/19
16:38
Hot Stocks
Genuine Parts elects William Stengel chief transformation officer »

Genuine Parts (GPC)…

GPC

Genuine Parts

$105.38

0.57 (0.54%)

HDS

HD Supply

$40.24

-0.5 (-1.23%)

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

  • 09

    Dec

MET

MetLife

$49.12

-0.14 (-0.28%)

16:37
11/18/19
11/18
16:37
11/18/19
16:37
Syndicate
Breaking Syndicate news story on MetLife »

MetLife files automatic…

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

    Dec

ASH

Ashland

$78.65

0.03 (0.04%)

16:36
11/18/19
11/18
16:36
11/18/19
16:36
Hot Stocks
Ashland CEO says 'faced more challenging external conditions than anticipated' »

Bill Wulfsohn,…

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

  • 19

    Nov

ASH

Ashland

$78.65

0.03 (0.04%)

16:35
11/18/19
11/18
16:35
11/18/19
16:35
Earnings
Ashland reports preliminary Q4 adjusted cont ops EPS 77c, consensus 95c »

Reports preliminary Q4…

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

  • 19

    Nov

VNET

21Vianet

$8.27

0.22 (2.73%)

16:34
11/18/19
11/18
16:34
11/18/19
16:34
Earnings
21Vianet lowers FY19 revenue growth view to 11.2% from 12% at midpoint »

Lowers FY19 adjusted…

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

    Nov

SAEX

SAExploration

$1.53

-0.03 (-1.92%)

, GEOS

Geospace

$13.77

0.31 (2.30%)

16:33
11/18/19
11/18
16:33
11/18/19
16:33
Hot Stocks
Geospace receives $12.5M order from SAExploration »

Geospace Technologies…

SAEX

SAExploration

$1.53

-0.03 (-1.92%)

GEOS

Geospace

$13.77

0.31 (2.30%)

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

  • 22

    Nov

VNET

21Vianet

$8.27

0.22 (2.73%)

16:33
11/18/19
11/18
16:33
11/18/19
16:33
Earnings
21Vianet reports Q3 EPS (1c), one estimate (3c) »

Reports Q3 revenue…

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

    Nov

C

Citi

$74.40

0.02 (0.03%)

, ADS

Alliance Data

$104.71

1.31 (1.27%)

16:31
11/18/19
11/18
16:31
11/18/19
16:31
Hot Stocks
Alliance Data names Ralph Andretta president and CEO »

Alliance Data Systems…

C

Citi

$74.40

0.02 (0.03%)

ADS

Alliance Data

$104.71

1.31 (1.27%)

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

  • 14

    Jan

16:30
11/18/19
11/18
16:30
11/18/19
16:30
Options
Preliminary option volume of 18.6M today »

Preliminary option volume…

AGO

Assured Guaranty

$48.76

0.45 (0.93%)

16:28
11/18/19
11/18
16:28
11/18/19
16:28
Hot Stocks
Assured Guaranty CIO acquires roughly 25,000 common shares »

In a regulatory filing,…

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

MDU

MDU Resources

$29.10

0.08 (0.28%)

16:28
11/18/19
11/18
16:28
11/18/19
16:28
Hot Stocks
MDU Resources announces five-year capital investment plan totaling $2.9B »

MDU Resources announced…

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

PFGC

Performance Food Group

$46.17

(0.00%)

16:28
11/18/19
11/18
16:28
11/18/19
16:28
Syndicate
Performance Food Group offers to sell 9.2M shares of common stock »

Credit Suisse and Wells…

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

DHT

DHT Holdings

$7.52

-0.2 (-2.59%)

16:25
11/18/19
11/18
16:25
11/18/19
16:25
Syndicate
DHT Holdings files to sell 14.68M shares of common stock for holders »

The offering represents…

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

HPQ

HP Inc.

$20.01

-0.16 (-0.79%)

, XRX

Xerox

$39.30

0.355 (0.91%)

16:24
11/18/19
11/18
16:24
11/18/19
16:24
On The Fly
Fly Intel: Wall Street's top stories for Monday »

The major averages…

HPQ

HP Inc.

$20.01

-0.16 (-0.79%)

XRX

Xerox

$39.30

0.355 (0.91%)

TMUS

T-Mobile

$78.22

0.17 (0.22%)

WE

We Company

$0.00

(0.00%)

T

AT&T

$39.61

0.12 (0.30%)

VZ

Verizon

$59.43

-0.08 (-0.13%)

FDX

FedEx

$157.61

-0.695 (-0.44%)

WMT

Walmart

$120.21

1.32 (1.11%)

MO

Altria Group

$48.33

0.36 (0.75%)

KRTX

Karuna Therapeutics

$96.00

78.74 (456.20%)

SNAP

Snap

$14.69

0.76 (5.46%)

AMRN

Amarin

$22.63

-1.36 (-5.67%)

AMZN

Amazon.com

$1,752.70

15.21 (0.88%)

SPOT

Spotify

$140.19

-7.16 (-4.86%)

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

    Nov

  • 18

    Nov

  • 18

    Nov

  • 18

    Nov

  • 18

    Nov

  • 19

    Nov

  • 19

    Nov

  • 19

    Nov

  • 20

    Nov

  • 21

    Nov

  • 26

    Nov

  • 09

    Dec

  • 09

    Dec

  • 09

    Dec

  • 10

    Dec

  • 17

    Dec

  • 28

    Dec

  • 29

    Jan

  • 30

    Jan

  • 30

    Jan

ESE

Esco Technologies

$84.47

-0.8 (-0.94%)

, SON

Sonoco

$58.58

-0.29 (-0.49%)

16:23
11/18/19
11/18
16:23
11/18/19
16:23
Hot Stocks
Esco Technologies divests technical packaging business segment to Sonoco »

Esco Technologies (ESE)…

ESE

Esco Technologies

$84.47

-0.8 (-0.94%)

SON

Sonoco

$58.58

-0.29 (-0.49%)

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

  • 19

    Nov

  • 19

    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.