Breaking News Instant updates and real-time market news.

LOW

Lowe's

$66.35 /

-3.56 (-5.09%)

07:36
03/23/20
03/23
07:36
03/23/20
07:36

Lowe's price target lowered to $90 from $140 at Wells Fargo

Wells Fargo analyst Zachary Fadem lowered the firm's price target on Lowe's to $90 from $140 and keeps an Overweight rating on the shares. The analyst cited broad-based reduction in the first half of 2020 U.S. consumer spending; steep store traffic declines beginning in mid-Q1 through Q2, but potential return to more normalized levels by mid-second half of 2020; store closings and/or reduced operating hours; and a pullback in big ticket and discretionary categories.

  • 20

    May

  • 14

    Sep

LOW Lowe's
$66.35 /

-3.56 (-5.09%)

03/19/20 Nomura Instinet
Lowe's price target lowered to $100 from $132 at Nomura Instinet
03/18/20
Fly Intel: Top five analyst downgrades
03/18/20 Goldman Sachs
Lowe's downgraded to Buy from Conviction Buy at Goldman Sachs
03/06/20 Cleveland Research
Cleveland Research sees little to no negative virus impact on homecenter demand

TODAY'S FREE FLY STORIES

Syndicate
Keros Therapeutics 6M share IPO priced at $16.00 » 20:54
04/07/20
04/07
20:54
04/07/20
20:54
KROS

Keros Therapeutics

$0.00 /

+ (+0.00%)

The deal size was…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
  • 08
    Apr
Hot Stocks
Avid Technology withdraws FY20 guidance » 20:33
04/07/20
04/07
20:33
04/07/20
20:33
AVID

Avid Technology

$5.99 /

-0.17 (-2.76%)

The company states:…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
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

Hot Stocks
Avid Technology sees Q1 revenue 13%-15% below midpoint of prior guidance » 20:31
04/07/20
04/07
20:31
04/07/20
20:31
AVID

Avid Technology

$5.99 /

-0.17 (-2.76%)

The company states:…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Downgrade
AngioDynamics downgraded to Sector Weight from Overweight at KeyBanc » 20:01
04/07/20
04/07
20:01
04/07/20
20:01
ANGO

AngioDynamics

$10.43 /

+0.24 (+2.36%)

KeyBanc analyst Matthew…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
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

Hot Stocks
CrossFirst Bancshares discloses over $300M in potential loans under SBA PPP » 19:47
04/07/20
04/07
19:47
04/07/20
19:47
CFB

CrossFirst Bancshares

$8.11 /

-0.74 (-8.36%)

CrossFirst Bankshare…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Periodicals
Boeing finds two new software issues with 737 MAX computer, CNBC says » 19:22
04/07/20
04/07
19:22
04/07/20
19:22
BA

Boeing

$141.59 /

-6.995 (-4.71%)

Boeing has discovered two…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
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

Periodicals
Nissan plans to return to Indonesia after factory closure, Bloomberg reports » 19:16
04/07/20
04/07
19:16
04/07/20
19:16
NSANY

Nissan

$0.00 /

+ (+0.00%)

Nissan's COO said…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

On The Fly
Fly Intel: After-Hours Movers » 19:01
04/07/20
04/07
19:01
04/07/20
19:01
SGH

Smart Global

$22.61 /

-1.02 (-4.32%)

, LEVI

Levi Strauss

$11.96 /

+1.01 (+9.22%)

, GNMK

GenMark

$4.49 /

-0.07 (-1.54%)

, PINS

Pinterest

$15.12 /

-0.1 (-0.66%)

, PTCT

PTC Therapeutics

$42.73 /

-2.21 (-4.92%)

, BXC

BlueLinx

$3.94 /

+0.19 (+5.07%)

, PRGO

Perrigo

$47.20 /

-0.31 (-0.65%)

, TAL

TAL Education

$55.80 /

+1.97 (+3.66%)

, DIS

Disney

$101.10 /

+1.82 (+1.83%)

, PVH

PVH Corp.

$46.67 /

+6.96 (+17.53%)

Check out this…

Open Full Text

ShowHide Related Items >><<
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

Hot Stocks
SPDR Gold Shares holdings rise to 985.71MT from 984.26MT » 19:00
04/07/20
04/07
19:00
04/07/20
19:00
GLD

SPDR Gold Shares

$156.11 /

-0.79 (-0.50%)

This is the 6th…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Periodicals
VW Mexico plant worker dies following later production shutdown, Bloomberg says » 18:55
04/07/20
04/07
18:55
04/07/20
18:55
VWAGY

Volkswagen

$0.00 /

+ (+0.00%)

A Volkswagen worker at…

A Volkswagen worker at one of the company's Mexico factories died in what the car maker suspects may have been a coronavirus-related case, after VW idled factories in Mexico later than it did elsewhere, Bloomberg's Andrea Navarro reports. The worker was hospitalized on March 25, five days before the company's Mexico business suspended output at its sites in Puebla and Guanajuato, Navarro says. The man died April 3 and may have had COVID-19, though he was never tested, Navarro notes. Reference Link

ShowHide Related Items >><<
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

Recommendations
Piper says risk-reward setup for Integra 'fairly balanced' prior to COVID-19 » 18:52
04/07/20
04/07
18:52
04/07/20
18:52
IART

Integra LifeSciences

$44.76 /

+0.25 (+0.56%)

Piper Sandler analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Periodicals
Amazon to halt delivery service for non-Amazon packages, WSJ reports » 18:48
04/07/20
04/07
18:48
04/07/20
18:48
AMZN

Amazon.com

$2,011.60 /

+16.68 (+0.84%)

, FDX

FedEx

$115.98 /

-3.07 (-2.58%)

, UPS

UPS

$93.01 /

-2.53 (-2.65%)

Amazon (AMZN) will…

Amazon (AMZN) will suspend a delivery service for non-Amazon packages as it re-evaluates the nascent offering designed to compete with FedEx (FDX) and UPS (UPS), the Wall Street Journal's Paul Ziobro reports, citing people familiar with the matter. The e-commerce giant told shippers that the service, called Amazon Shipping, will be halted starting in June, Ziobro says, noting that the service was available in only a handful of U.S. cities. "We understand this is a change to your business, and we did not take this decision lightly," Amazon said in a note to shippers reviewed by the Journal. "We will work with you over the next several weeks so there is as little disruption to your business as possible." Reference Link

ShowHide Related Items >><<
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

Initiation
Planet Fitness resumed with a Buy at DA Davidson » 18:42
04/07/20
04/07
18:42
04/07/20
18:42
PLNT

Planet Fitness

$45.89 /

+3.4 (+8.00%)

DA Davidson resumed…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Periodicals
Amazon.com to test disinfectant fog at NY warehouse, Reuters reports » 18:40
04/07/20
04/07
18:40
04/07/20
18:40
AMZN

Amazon.com

$2,011.60 /

+16.68 (+0.84%)

Starting on Tuesday,…

Starting on Tuesday, Amazon.com will test the use of disinfectant fog at a warehouse in Staten Island, New York, within days of protests at the worksite over health concerns during the coronavirus pandemic, Reuters' Jeffrey Dastin reports. Amazon said it is testing the practice commonly used by airlines and hospitals to clean facilities further, on top of introducing temperature checks and masks for staff, the report noted. Reference Link

ShowHide Related Items >><<
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

Periodicals
Apple Music creates $50M advance royalty fund for indie labels, Variety says » 18:38
04/07/20
04/07
18:38
04/07/20
18:38
AAPL

Apple

$259.50 /

-2.88 (-1.10%)

Apple Music is rolling…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Hot Stocks
Hanesbrands ramps up additional production of cotton face masks » 18:27
04/07/20
04/07
18:27
04/07/20
18:27
HBI

Hanesbrands

$8.35 /

+0.3 (+3.73%)

HanesBrands announced…

HanesBrands announced that it is taking actions to navigate the global economic environment caused by the COVID-19 pandemic, including limiting discretionary spending, reducing executive pay, managing inventory, leveraging the company's e-commerce business across the online channel, and diversifying production to include face masks. The company has instituted temporary pay cuts for executives and salaried employees, ranging from 10% to 30%, depending on employee level. The company is also ramping up additional production to make more than 320 million FDA-approved all-cotton face masks over the coming weeks that can be used in the efforts to stem the spread of the novel coronavirus that causes COVID-19. The company has temporarily closed approximately 1,200 brand stores in the United States, Europe and Australia. After paying these employees full pay for two-plus weeks of the closures, retail store employees have transitioned to furloughed status with continuation of benefits. The company plans to call these full-time and part-time employees back to work as soon as stores can be reopened. In addition to the retail store employees, the company will temporarily furlough approximately 575 other U.S. employees. Furloughed employees receive company-paid healthcare, life insurance and other benefits. Discretionary spending and capital expenditures have been reduced to a critical-needs basis only. The company is managing its inventory levels and has temporarily idled the majority of its production operations with the exception of face mask manufacturing. Distribution centers are operating on a demand-adjusted basis, including serving e-commerce consumers across platforms. HanesBrands is part of a consortium of apparel makers that are converting production capacity to the making of reusable and washable all-cotton 3-ply face masks for the U.S. Department of Health and Human Services. Of the more than 320 million masks the company expects to make, approximately 10 million have been delivered and the company is ramping production to make approximately 40 million per week.

ShowHide Related Items >><<
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

Hot Stocks
Prologis CEO: We are playing offense right now » 18:24
04/07/20
04/07
18:24
04/07/20
18:24
PLD

Prologis

$80.94 /

+0.69 (+0.86%)

In an interview on…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Periodicals
ISS recommends against support Williams chairman Bergstrom, WSJ reports » 18:20
04/07/20
04/07
18:20
04/07/20
18:20
WMB

Williams

$15.15 /

+1.65 (+12.22%)

Proxy adviser…

Proxy adviser Institutional Shareholder Services, or ISS, has recommended against supporting Williams chairman Stephen Bergstrom in director elections at the pipeline operator's annual meeting later this month, the Wall Street Journal's Corrie Driebusch and Rebecca Elliott report, citing a client note from the proxy adviser. The report highlights the "highly restrictive" nature of the poison pill provision, which kicks in if an unwanted investor acquires a stake of just 5%, the authors say. Williams on March 19 joined a collection of over 20 companies adopting poison pills as their shares plummet amid the COVID-19 pandemic, the authors note. Reference Link

ShowHide Related Items >><<
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

Hot Stocks
PVH Corp. suspends dividends and buybacks, draws down $750M in credit facility » 18:04
04/07/20
04/07
18:04
04/07/20
18:04
PVH

PVH Corp.

$46.67 /

+6.96 (+17.53%)

The company has taken the…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Hot Stocks
Ternium sees operating results in line with previous guidance » 18:03
04/07/20
04/07
18:03
04/07/20
18:03
TX

Ternium

$12.27 /

+0.03 (+0.25%)

Ternium announced that in…

Ternium announced that in light of the current economic uncertainty originated by the COVID-19 pandemic, Ternium's board of directors has resolved to postpone the company's annual and extraordinary general meetings of shareholders, originally to be held in Luxembourg on April 27. The proxy materials issued by the company on March 20 for such general meetings are withdrawn and canceled for all purposes. The company intends to convene its annual and extraordinary general meetings of shareholders to be held on June 5 and to issue new proxy materials on April 28. Ternium's board of directors will take this time to assess its liquidity needs and review its previously-announced annual dividend proposal for fiscal year 2019, which may be modified if deemed appropriate. Ternium expects for the Q1 to report shipments and operating results roughly in line with the guidance provided in its February 18 results press release, and to continue showing a strong financial position. Given the uncertainty surrounding the development of the COVID-19 pandemic and its implications, Ternium is not in a position to forecast at this time the effect that the pandemic may have on the industry nor its impact on Ternium's operating results, cash flows or financial condition beyond the Q1.

ShowHide Related Items >><<
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

Hot Stocks
PVH Corp furloughs about 75% of associates » 18:03
04/07/20
04/07
18:03
04/07/20
18:03
PVH

PVH Corp.

$46.67 /

+6.96 (+17.53%)

PVH Corpannounced…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Periodicals
Trudeau says Canada to push U.S. further on medical equipment, Reuters says » 18:01
04/07/20
04/07
18:01
04/07/20
18:01
MMM

3M

$144.64 /

+4.1 (+2.92%)

, SPX

S&P 500

$0.00 /

+ (+0.00%)

, SPY

SPDR S&P 500 ETF Trust

$265.18 /

+0.21 (+0.08%)

Canadian Prime Minister…

Canadian Prime Minister Justin Trudeau said that the country will maintain efforts to persuade the U.S. not to block the export of medical supplies to combat COVID-19, while the province of Alberta warned of an economic disaster, Reuters' David Ljunggren reports. The prime minister told a briefing that 500,000 N95 surgical masks from 3M should arrive on Wednesday, Ljunggren says. "We have had constructive and productive conversations that have assured that this particular shipment comes through but we recognize there is still more work to do," Trudeau said. Reference Link

ShowHide Related Items >><<
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

Hot Stocks
CytoDyn clinical trial for COVID-19 patients initiated patient enrollment » 17:52
04/07/20
04/07
17:52
04/07/20
17:52
CYDY

CytoDyn

$0.00 /

+ (+0.00%)

CytoDyn announced that…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

Hot Stocks
Rent-A-Center targets $150M in operating expense cuts » 17:40
04/07/20
04/07
17:40
04/07/20
17:40
RCII

Rent-A-Center

$15.70 /

+1.18 (+8.13%)

The company has made a…

The company has made a number of adjustments to reduce operating expenses, including executive pay reductions, temporarily furloughing employees in stores and at its corporate office, reducing store hours in some cases, and where possible, renegotiating real estate leases. All non-essential operating expenses are being evaluated. In addition, inventory purchases and capital expenditures have been reduced in order to partially offset revenue reductions. We are targeting reductions of more than $150 million in operating expenses, capital expenditures, and inventory purchases in the second quarter and believe these ongoing actions can partially mitigate the adjusted EBITDA margin and cash flow impact from COVID-19. While our revenues reflect lower collections activity, we do not expect to see material pressure on skip / stolen losses, as our contracts are leases and unlike a traditional subprime lender, returning the merchandise is always an option for our customers. Additionally, any pressure we do see on skip / stolen losses is reflected as a non-cash write off of inventory when customers stop paying and do not return the merchandise. The company ended its first quarter of 2020 with approximately $185 million in cash and approximately $362 million in outstanding debt. The company has an additional $48 million available on its asset-based revolver with potential to increase its revolving and term loan facilities, with no upcoming maturities. The company continues to review its capital plan, including its dividend and share repurchase plan, and will provide an update on the Board of Director's capital allocation decisions in its first quarter earnings call scheduled for May 7, 2020.

ShowHide Related Items >><<
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

Hot Stocks
Allegiant Travel: March capacity down 12.2%, sees April-May capacity down 80-90% » 17:38
04/07/20
04/07
17:38
04/07/20
17:38
ALGT

Allegiant Travel

$81.99 /

+7.29 (+9.76%)

In a regulatory filing,…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
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

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.