Breaking News Instant updates and real-time market news.

OHI

Omega Healthcare

$22.50 /

+0.235 (+1.06%)

08:41
03/23/20
03/23
08:41
03/23/20
08:41

Omega Healthcare announces up to $200M share repurchase plan

Omega Healthcare announced a number of precautionary actions in response to the market dislocation caused by the continued spread of COVID-19, including authorization of a stock repurchase program, suspension of the company's dividend reinvestment and stock purchase plan, and a partial draw on the company's credit facility. Omega announced that its board has authorized the repurchase of up to $200M of Omega's outstanding common stock, from time to time, over the next 12 months. Omega also announced that in view of current market conditions, it is suspending its dividend reinvestment and common stock purchase plan. Until further notice, dividends will not be reinvested in common stock and optional cash investments in common stock will not be accepted under the plan. Omega is suspending the plan in order to reduce dilution of stockholder value given prevailing market prices. This decision reflects Omega's view that it is not attractive to issue equity at current market prices. Any checks or other funds received by Computershare from plan participants for optional cash investments under the Pan will be returned without interest. No action by participants is required. The company, as a precautionary measure in order to increase liquidity and preserve financial flexibility in light of the current uncertainty around economic and industry conditions resulting from the COVID-19 outbreak, is drawing approximately $300M under its $1.25B revolving credit facility. After giving effect to this borrowing, the company would have approximately $315M in unrestricted cash and cash equivalents and approximately $512 million in outstanding borrowings under its revolving credit facility.

OHI Omega Healthcare
$22.50 /

+0.235 (+1.06%)

03/23/20 BofA
Omega Healthcare downgraded to Neutral from Buy at BofA
03/11/20 Mizuho
Sabra Health Care to be pressured by coronavirus at facility, says Mizuho
01/22/20
Fly Intel: Top five analyst initiations
01/22/20 Citi
Omega Healthcare initiated with a Neutral at Citi

TODAY'S FREE FLY STORIES

General news
Revised IHME model shows 'improvements across board' in U.S., Gottlieb says » 11:46
04/06/20
04/06
11:46
04/06/20
11:46
SPY

SPDR S&P 500 ETF Trust

$260.30 /

+12.09 (+4.87%)

, SPX

S&P 500

$0.00 /

+ (+0.00%)

Scott Gottlieb, former…

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

Options
Trade Desk call volume above normal and directionally bullish » 11:45
04/06/20
04/06
11:45
04/06/20
11:45
TTD

Trade Desk

$181.57 /

+21.7 (+13.57%)

Bullish option flow…

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

Conference/Events
Alliance for Health Policy to hold a webinar with former FDA Commissioner » 11:45
04/06/20
04/06
11:45
04/06/20
11:45

Dr. Mark McClellan,…

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

Get Free Trial

Conference/Events
Wolfe Research leisure analysts to hold an analyst/industry webcast » 11:39
04/06/20
04/06
11:39
04/06/20
11:39

Leisure Analysts, along…

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

Get Free Trial

Earnings
ShockWave Medical withdraws 2020 outlook due to COVID-19 disruptions » 11:35
04/06/20
04/06
11:35
04/06/20
11:35
SWAV

ShockWave Medical

$30.85 /

+1.37 (+4.65%)

Shockwave Medical this…

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
Ally Financial says automotive loans have declined significantly » 11:31
04/06/20
04/06
11:31
04/06/20
11:31
ALLY

Ally Financial

$13.05 /

+1.07 (+8.93%)

Ally Financial disclosed…

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

Conference/Events
WEC Energy participates in a webcast with Wolfe Research » 11:31
04/06/20
04/06
11:31
04/06/20
11:31
WEC

WEC Energy

$90.00 /

+4.87 (+5.72%)

Utilities 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

General news
FX Action: USD-JPY » 11:30
04/06/20
04/06
11:30
04/06/20
11:30

FX Action: USD-JPY…

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

Get Free Trial

Hot Stocks
Ally Financial sees 'significant' provision expense in Q1 for credit losses » 11:28
04/06/20
04/06
11:28
04/06/20
11:28
ALLY

Ally Financial

$13.05 /

+1.07 (+8.93%)

Ally Financial 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

Earnings
Ally Financial withdraws 2020 outlook on COVID-19 uncertainty » 11:27
04/06/20
04/06
11:27
04/06/20
11:27
ALLY

Ally Financial

$13.14 /

+1.155 (+9.64%)

"Given our inability…

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

Conference/Events
JMP Securities energy tech analysts to hold an analyst/industry conference call » 11:26
04/06/20
04/06
11:26
04/06/20
11:26

Energy Technology &…

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

Get Free Trial

Recommendations
Siemens Healthineers price target lowered to EUR 40 at Citi » 11:25
04/06/20
04/06
11:25
04/06/20
11:25
SMMNY

Siemens Healthineers

$0.00 /

+ (+0.00%)

Citi analyst Martin…

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

Options
Macy's call volume above normal and directionally bullish » 11:25
04/06/20
04/06
11:25
04/06/20
11:25
M

Macy's

$5.14 /

+0.33 (+6.87%)

Bullish option flow…

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

Conference/Events
Momenta participates in a conference call with Stifel » 11:25
04/06/20
04/06
11:25
04/06/20
11:25
MNTA

Momenta

$26.28 /

+2.28 (+9.50%)

Healthcare Analyst…

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

Conference/Events
Prologis to host business news update conference call » 11:25
04/06/20
04/06
11:25
04/06/20
11:25
PLD

Prologis

$77.73 /

+4.14 (+5.63%)

Management provides an…

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

Conference/Events
UBS consumer goods/services analysts to hold an analyst/industry conference call » 11:25
04/06/20
04/06
11:25
04/06/20
11:25

Consumer Goods Analyst…

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

Get Free Trial

Recommendations
Incyte's topical rux could generate $500M+ in sales in AD, says Piper Sandler » 11:21
04/06/20
04/06
11:21
04/06/20
11:21
INCY

Incyte

$83.27 /

+4.59 (+5.83%)

Piper Sandler analyst…

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

Recommendations
RTL Group price target lowered to EUR 30 from EUR 48 at Citi » 11:21
04/06/20
04/06
11:21
04/06/20
11:21
RGLXY

RTL Group

$0.00 /

+ (+0.00%)

Citi analyst Catherine…

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

Get Free Trial

Conference/Events
JMP Securities pharmaceuticals analysts to hold analyst/industry conference call » 11:20
04/06/20
04/06
11:20
04/06/20
11:20
KNSA

Kiniksa

$16.33 /

-1.59 (-8.87%)

Pharmaceuticals Analysts…

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
Venus Concept 510(k) premarket notification posted by FDA » 11:19
04/06/20
04/06
11:19
04/06/20
11:19
VERO

Venus Concept

$3.93 /

+0.23 (+6.22%)

The FDA issued a…

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

Technical Analysis
NASDAQ market internals summary » 11:17
04/06/20
04/06
11:17
04/06/20
11:17
$NSD

NASDAQ Market Internals

$0.00 /

+ (+0.00%)

Volume is above average…

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

Get Free Trial

Technical Analysis
NYSE market internals summary » 11:16
04/06/20
04/06
11:16
04/06/20
11:16
$NYE

NYSE Market Internals

$0.00 /

+ (+0.00%)

Volume is above average…

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

Get Free Trial

General news
U.S. corporate bond update: another very active session is on the way » 11:15
04/06/20
04/06
11:15
04/06/20
11:15

U.S. corporate bond…

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

Get Free Trial

General news
3-Month Bill Auction to be released at 11:30  11:15
04/06/20
04/06
11:15
04/06/20
11:15
 
General news
6-Month Bill Auction to be released at 11:30  11:15
04/06/20
04/06
11:15
04/06/20
11:15
 

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.