Breaking News Instant updates and real-time market news.

FUL

H.B. Fuller

$28.00 /

+1.09 (+4.05%)

16:07
03/25/20
03/25
16:07
03/25/20
16:07

H.B. Fuller sees Q2 revenue down 5%-15% y/y, consensus $750.63M

While the extent of the impact of COVID-19 on global economic factors is uncertain and continues to rapidly evolve, based on current economic views, the company's experience in China, current order patterns around the globe and assumptions for expected impact of COVID-19 on global commercial activity, the company anticipates revenue in the second quarter will be down 5% to 15% year over year, and estimates adjusted EBITDA will be approximately $90 million to $100 million. The company is also preparing for recessionary forces to result in lower revenue in the second half of 2020, and planning for declines in raw material costs in the second half of the year, given supply-demand dynamics for specialty chemicals and petrochemical feedstock costs impacted by oil below $35/barrel. As a result of the COVID-19 pandemic the company is no longer providing specific full year guidance except that the company remains committed to managing working capital and cash costs in order to reduce debt by $200 million in 2020. Contingency plans are available as necessary for adjustments in expenses, working capital and capital expense to achieve this target. The company has more than adequate liquidity to meet any foreseeable needs, including a $400 million revolving credit facility with a feature that allows for an increase of the facility by $300 million dollars if needed. The company also has ample room under its debt covenants using significantly conservative scenarios.

  • 26

    Mar

FUL H.B. Fuller
$28.00 /

+1.09 (+4.05%)

01/24/20 Citi
Citi upgrades H.B. Fuller to Neutral after management 'cleared the decks'
01/24/20 Citi
H.B. Fuller upgraded to Neutral from Sell at Citi
09/27/19 Citi
H.B. Fuller downgraded to Sell on earnings and execution risk at Citi
09/27/19 Citi
H.B. Fuller downgraded to Sell from Neutral at Citi

TODAY'S FREE FLY STORIES

Hot Stocks
Weather app maker Dark Sky announces acquisition by Apple » 13:39
03/31/20
03/31
13:39
03/31/20
13:39
AAPL

Apple

$255.00 /

+0.11 (+0.04%)

Dark Sky's Adam…

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
Oil patch stocks get a lift after news of potential Trump-Putin dialogue » 13:33
03/31/20
03/31
13:33
03/31/20
13:33
XEC

Cimarex Energy

$16.49 /

+1.66 (+11.19%)

, FANG

Diamondback Energy

$25.75 /

+2.17 (+9.20%)

, RDS.A

Royal Dutch Shell

$34.26 /

+0.815 (+2.44%)

, XOM

Exxon Mobil

$38.19 /

+0.7 (+1.87%)

, DVN

Devon Energy

$6.73 /

+0.39 (+6.15%)

, COP

ConocoPhillips

$30.53 /

+1.18 (+4.02%)

, MRO

Marathon Oil

$3.28 /

+0.045 (+1.39%)

, NBL

Noble Energy

$5.88 /

+0.575 (+10.85%)

Shares of companies with…

Shares of companies with direct exposure to oil prices are moving higher on Tuesday following reports that U.S. President Donald Trump and Russian President Vladimir Putin have agreed to talks aimed at stabilizing energy markets, amid a historic free-fall in oil prices. Both brent and U .S. crude prices rose, with U.S crude up 79c, or 4%, to trade at $20.84 per barrel after settling at $20.09 on Monday. TWO STORMS FOR OIL: The outbreak of the COVID-19 pandemic paired with a dispute between former allies Russia and Saudi Arabia sent oil prices below $20 a barrel on Monday, close to their lowest level in 18 years. FOCUS ON EXPLORATION AND PRODUCTION: Stifel analyst Michael Scialla upgraded Noble Energy (NBL) to Buy from Hold on Tuesday with a price target of $18, up from $9. Investors should focus on Exploration and Production companies that can endure an "unparalleled oil market imbalance" amid the COVID-19 driven oil demand destruction and the dissolution of the OPEC agreement, Scialla told investors in a research note. PRICE ACTION: Shares of Noble Energy, Cimarex Energy (XEC) and Diamondback Energy, Inc. (FANG) are up over10% in afternoon trading. OTHERS TRADING HIGHER: Other energy names trading higher include Royal Dutch Shell (RDS.A), Exxon Mobil (XOM), Devon Energy (DVN) BP (BP), ConocoPhillips (COP) and Marathon Oil (MRO).

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
Spotify Kids Is now available in U.S., Canada, and France » 13:31
03/31/20
03/31
13:31
03/31/20
13:31
SPOT

Spotify

$123.01 /

+1.52 (+1.25%)

In a blog posting Spotify…

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

Initiation
Microchip initiated with a Buy at Vertical Group » 13:29
03/31/20
03/31
13:29
03/31/20
13:29
MCHP

Microchip

$68.40 /

-0.59 (-0.86%)

Vertical Group initiated…

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
Stephens specialty finance analyst to hold analyst/industry conference call » 13:25
03/31/20
03/31
13:25
03/31/20
13:25

Specialty Finance Analyst…

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

Get Free Trial

Conference/Events
UBS industrial goods/airlines analysts hold analyst/industry conference call » 13:25
03/31/20
03/31
13:25
03/31/20
13:25

Industrial Goods Analyst…

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

Get Free Trial

Conference/Events
UBS industrials analysts to hold an analyst/industry conference call » 13:25
03/31/20
03/31
13:25
03/31/20
13:25

Industrial Goods Analyst…

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

Get Free Trial

Conference/Events
Cowen rail equipment analyst to hold an analyst/industry conference call » 13:25
03/31/20
03/31
13:25
03/31/20
13:25

Rail Equipment Analyst…

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

Get Free Trial

Conference/Events
Wolfe Research automotive analyst to hold an analyst/industry webcast » 13:25
03/31/20
03/31
13:25
03/31/20
13:25

Automotive Analyst…

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

Get Free Trial

Conference/Events
Realty Income participates in a conference call with Stifel » 13:25
03/31/20
03/31
13:25
03/31/20
13:25
O

Realty Income

$49.35 /

-3.294 (-6.26%)

Conference call with…

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
FERC conditionally approves proposed acquisition of El Paso Electric by IIF » 13:22
03/31/20
03/31
13:22
03/31/20
13:22
EE

El Paso Electric

$67.76 /

+ (+0.00%)

El Paso Electric Company…

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

Get Free Trial

Periodicals
Sony pushes nearly all of its film slate to 2021, CNBC reports » 13:21
03/31/20
03/31
13:21
03/31/20
13:21
SNE

Sony

$59.70 /

-0.51 (-0.85%)

Sony Pictures said it…

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
Stein Mart extends temporary closure of stores, furloughs most store associates » 13:17
03/31/20
03/31
13:17
03/31/20
13:17
SMRT

Stein Mart

$0.47 /

-0.01 (-2.08%)

Stein Mart provided an…

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

Get Free Trial

Technical Analysis
NASDAQ market internals summary » 13:17
03/31/20
03/31
13:17
03/31/20
13:17
$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 » 13:16
03/31/20
03/31
13:16
03/31/20
13:16
$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

Conference/Events
Verona Pharma participates in a conference call with SunTrust » 13:15
03/31/20
03/31
13:15
03/31/20
13:15
VRNA

Verona Pharma

$4.03 /

+0.53 (+15.14%)

Analyst Lee holds a…

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

On The Fly
Zoom shares slip following reports of data privacy, security issues » 13:14
03/31/20
03/31
13:14
03/31/20
13:14
FB

Facebook

$168.08 /

+2.24 (+1.35%)

, ZM

Zoom Video

$144.69 /

-6.21 (-4.12%)

Shares of Zoom Video (ZM)…

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

Periodicals
BofA says not planning layoffs, job cuts in 2020 due to COVID-19, CNBC says » 13:12
03/31/20
03/31
13:12
03/31/20
13:12
BAC

Bank of America

$21.92 /

-0.11 (-0.50%)

Bank of America said 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

Recommendations
iClick Interactive Asia Q4 pre-announcement 'in-line,' says Roth Capital » 13:12
03/31/20
03/31
13:12
03/31/20
13:12
ICLK

iClick Interactive Asia

$4.49 /

+ (+0.00%)

Roth Capital 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

Hot Stocks
Stein Mart trading halted, news pending  13:10
03/31/20
03/31
13:10
03/31/20
13:10
SMRT

Stein Mart

$0.47 /

-0.01 (-2.08%)

 
Hot Stocks
Reading International trading resumes  13:07
03/31/20
03/31
13:07
03/31/20
13:07
 
General news
Treasury Action: Bloomberg Barclays monthly index for April 1 » 13:05
03/31/20
03/31
13:05
03/31/20
13:05

Treasury Action:…

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

Get Free Trial

Hot Stocks
Reading International trading halted, volatility trading pause  13:02
03/31/20
03/31
13:02
03/31/20
13:02
 
Options
Put trader in Caesars decides to let it ride just before upside halt » 13:00
03/31/20
03/31
13:00
03/31/20
13:00
CZR

Caesars

$7.13 /

+0.73 (+11.41%)

Put trader in Caesars…

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
FDANews to hold a webinar » 12:55
03/31/20
03/31
12:55
03/31/20
12:55

Webinar entitled,…

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

Get 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.