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WE

We Company

$0.00

(0.00%)

, JPM

JPMorgan

$120.80

0.41 (0.34%)

13:58
10/18/19
10/18
13:58
10/18/19
13:58

SoftBank, JPMorgan submit competing rescue packages for WeWork, FT says

SoftBank (SFTBF) and JPMorgan (JPM) are at odds over a multibillion-dollar rescue plan for WeWork (WE) that could force the U.S. lender to place margin calls on co-founder Adam Neumann, Eric Platt, James Fontanella-Khan and Andrew Edgecliffe-Johnson report. The Japanese company and U.S. lender have submitted competing packages to inject as much as $5B into WeWork in a debt-and-equity transaction that could value the company's equity at $8B or less, the authors say, citing multiple people briefed on the matter. SoftBank's proposal would significantly dilute other equity holders, including the co-founder, the authors note. Reference Link

WE

We Company

$0.00

(0.00%)

JPM

JPMorgan

$120.80

0.41 (0.34%)

SFTBF

SoftBank

$0.00

(0.00%)

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    Nov

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    Nov

  • 14

    Jan

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.
JPM JPMorgan
$120.80

0.41 (0.34%)

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.
10/16/19
BMOC
10/16/19
NO CHANGE
Target $126
BMOC
Market Perform
JPMorgan price target raised to $126 from $120 at BMO Capital
BMO Capital analyst James Fotheringham raised his price target on JPMorgan to $126 after its Q3 earnings beat, driven by its higher than expected fees and lower costs. The analyst also raises his FY19 and FY20 EPS views by 21c and 9c to $10.73 and $11.13 respectively but keeps his Marker Perform rating on valuation, noting that its 2-year forward price-to-earnings multiple is just slightly below its long-term historical average.
10/16/19
RBCM
10/16/19
NO CHANGE
Target $125
RBCM
Outperform
JPMorgan price target raised to $125 from $120 at RBC Capital
RBC Capital analyst Gerard Cassidy raised his price target on JPMorgan to $125 and kept his Outperform rating after its Q3 earnings beat driven by "strong" fixed income/currency/commodity trading business and mortgage banking results. The analyst expects JPMorgan to continue its "successful" execution, overcoming any drag related to lower interest rate spread income. Cassidy also raises his FY19 and FY20 EPS views by 19c and 36c to $10.30 and $10.85, anticipating 1-2 more interest rate cuts next year followed by the steepening in the yield curve.
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.

TODAY'S FREE FLY STORIES

NEWR

New Relic

$65.17

0.62 (0.96%)

, W

Wayfair

$82.03

-1.685 (-2.01%)

13:46
11/14/19
11/14
13:46
11/14/19
13:46
Hot Stocks
Tiger Global adds New Relic, Wayfair and Beyond Meat during Q3 »

Chase Coleman's…

NEWR

New Relic

$65.17

0.62 (0.96%)

W

Wayfair

$82.03

-1.685 (-2.01%)

PLAN

Anaplan

$47.82

-1.28 (-2.61%)

WORK

Slack Technologies

$21.21

-0.09 (-0.42%)

BYND

Beyond Meat

$80.80

1.82 (2.30%)

PVTL

Pivotal Software

$15.00

-0.01 (-0.07%)

LK

Luckin Coffee

$21.54

0.105 (0.49%)

BABA

Alibaba

$181.75

-0.73 (-0.40%)

FB

Facebook

$192.10

-1.1 (-0.57%)

CVNA

Carvana

$77.87

2.79 (3.72%)

RUN

Sunrun

$14.35

0.575 (4.17%)

RNG

RingCentral

$167.60

0.09 (0.05%)

FCAU

Fiat Chrysler

$16.00

0.1 (0.63%)

SVMK

SurveyMonkey

$16.69

0.29 (1.77%)

SPOT

Spotify

$148.49

1.72 (1.17%)

STNE

StoneCo

$36.40

0.43 (1.20%)

RDFN

Redfin

$20.42

0.36 (1.79%)

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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    Nov

LIQT

LiqTech

$4.71

-2.4 (-33.76%)

13:44
11/14/19
11/14
13:44
11/14/19
13:44
Recommendations
LiqTech analyst commentary  »

LiqTech post-earnings…

03/08/13
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  • 14

    Nov

WB

Weibo

$44.06

-8.75 (-16.57%)

13:35
11/14/19
11/14
13:35
11/14/19
13:35
Downgrade
Weibo rating change  »

Weibo downgraded to…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 14

    Nov

DF

Dean Foods

$0.00

(0.00%)

13:32
11/14/19
11/14
13:32
11/14/19
13:32
Hot Stocks
Dean Foods receives court approval of 'first day' motions to support operations »

Dean Foods announced that…

03/08/13
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03/06/13
Barclays

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RETA

Reata Pharmaceuticals

$196.01

9.01 (4.82%)

13:28
11/14/19
11/14
13:28
11/14/19
13:28
Recommendations
Reata Pharmaceuticals analyst commentary  »

Reata Pharmaceuticals…

03/08/13
Wedge Partners
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Barclays

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    Nov

13:28
11/14/19
11/14
13:28
11/14/19
13:28
Hot Stocks
Breaking Hot Stocks news story  »

TKK Symphony Acquisition…

WDC

Western Digital

$50.31

-0.75 (-1.47%)

13:25
11/14/19
11/14
13:25
11/14/19
13:25
Options
Western Digital call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
Barclays

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13:23
11/14/19
11/14
13:23
11/14/19
13:23
Hot Stocks
Breaking Hot Stocks news story  »

TKK Symphony Acquisition…

GOOG

Alphabet

$1,309.36

11.75 (0.91%)

, GOOGL

Alphabet Class A

$1,308.00

12 (0.93%)

13:20
11/14/19
11/14
13:20
11/14/19
13:20
Hot Stocks
Google to no longer include contextual content categories in ad bid requests »

Alphabet's Google…

GOOG

Alphabet

$1,309.36

11.75 (0.91%)

GOOGL

Alphabet Class A

$1,308.00

12 (0.93%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 14

    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
11/14/19
11/14
13:17
11/14/19
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
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Citigroup
03/06/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
11/14/19
11/14
13:16
11/14/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
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Citigroup
03/06/13
Barclays

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13:15
11/14/19
11/14
13:15
11/14/19
13:15
General news
NY Fed's Williams repeated the new mantra that the economy and policy are "in a good place," »

NY Fed's Williams…

RBBN

Ribbon Communications

$3.05

-1 (-24.69%)

13:13
11/14/19
11/14
13:13
11/14/19
13:13
Downgrade
Ribbon Communications rating change  »

Ribbon Communications…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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JD

JD.com

$33.13

-0.23 (-0.69%)

, WVE

Wave Life Sciences

$27.77

-0.2 (-0.72%)

13:09
11/14/19
11/14
13:09
11/14/19
13:09
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

JD

JD.com

$33.13

-0.23 (-0.69%)

WVE

Wave Life Sciences

$27.77

-0.2 (-0.72%)

RYTM

Rhythm Pharmaceuticals

$21.49

0.35 (1.66%)

JCP

J.C. Penney

$1.09

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 15

    Nov

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    Nov

  • 09

    Dec

NVDA

Nvidia

$207.78

-0.77 (-0.37%)

, AMAT

Applied Materials

$56.90

-0.23 (-0.40%)

13:09
11/14/19
11/14
13:09
11/14/19
13:09
Earnings
Notable companies reporting after market close »

Notable companies…

NVDA

Nvidia

$207.78

-0.77 (-0.37%)

AMAT

Applied Materials

$56.90

-0.23 (-0.40%)

WPM

Wheaton Precious Metals

$26.64

0.05 (0.19%)

DLB

Dolby

$65.71

0.01 (0.02%)

HP

Helmerich & Payne

$39.57

0.31 (0.79%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 03

    Dec

  • 04

    Dec

  • 05

    Dec

  • 09

    Dec

  • 09

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  • 06

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13:05
11/14/19
11/14
13:05
11/14/19
13:05
General news
Fed dove Bullard said policy is "considerably" more accommodative »

Fed dove Bullard said…

MDU

MDU Resources

$29.13

0.02 (0.07%)

13:02
11/14/19
11/14
13:02
11/14/19
13:02
Hot Stocks
MDU Resources increases quarterly dividend »

The MDU Resources Group…

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SSTI

ShotSpotter

$22.52

0.92 (4.26%)

13:01
11/14/19
11/14
13:01
11/14/19
13:01
Recommendations
ShotSpotter analyst commentary  »

ShotSpotter price target…

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NVDA

Nvidia

$208.11

-0.44 (-0.21%)

, AMZN

Amazon.com

$1,754.91

1.07 (0.06%)

13:00
11/14/19
11/14
13:00
11/14/19
13:00
On The Fly
Fly Intel: What to watch in Nvidia earnings report »

Nvidia (NVDA) is…

NVDA

Nvidia

$208.11

-0.44 (-0.21%)

AMZN

Amazon.com

$1,754.91

1.07 (0.06%)

INTC

Intel

$57.97

0.05 (0.09%)

VMW

VMware

$165.99

0.25 (0.15%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
Barclays

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  • 14

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    Dec

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    Jan

BABA

Alibaba

$182.49

0.01 (0.01%)

13:00
11/14/19
11/14
13:00
11/14/19
13:00
Options
$5.5M buy in Alibaba calls possibly closes »

$5.5M buy in Alibaba…

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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  • 19

    Nov

AMZN

Amazon.com

$1,754.00

0.16 (0.01%)

, GOOG

Alphabet

$1,306.86

9.25 (0.71%)

12:55
11/14/19
11/14
12:55
11/14/19
12:55
Conference/Events
House Committee on Small Business to hold a hearing »

The Committee holds a…

AMZN

Amazon.com

$1,754.00

0.16 (0.01%)

GOOG

Alphabet

$1,306.86

9.25 (0.71%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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  • 14

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  • 14

    Nov

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    Nov

  • 19

    Nov

  • 20

    Nov

TSLA

Tesla

$351.71

5.71 (1.65%)

12:49
11/14/19
11/14
12:49
11/14/19
12:49
Periodicals
Tesla's Model 3 and Model S regain Consumer Reports recommendation »

Two of Tesla's three…

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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ALIM

Alimera Sciences

$0.28

0.0355 (14.75%)

12:46
11/14/19
11/14
12:46
11/14/19
12:46
Hot Stocks
Alimera says stock to begin trading on post-reverse split basis on Nov. 15 »

Alimera Sciences…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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FGEN

FibroGen

$34.67

0.09 (0.26%)

12:45
11/14/19
11/14
12:45
11/14/19
12:45
Options
FibroGen 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

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SHLDQ

Sears

$0.00

(0.00%)

, SHLD

Sears

$0.00

(0.00%)

12:44
11/14/19
11/14
12:44
11/14/19
12:44
Periodicals
Sears laying off hundreds of corporate employees, Business Insider reports »

Sears is laying off…

SHLDQ

Sears

$0.00

(0.00%)

SHLD

Sears

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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