2021-01-22 08:24:12 XLU Utilities SPDR
01/22/21 01/2208:24 01/22/2108:24 | Utilities SPDR: Pivot pointsThe following are the pivot points for the Utilities SPDR (XLU). Pivot High: $62.925, Pivot Low: $62.465. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low. | |
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Fly Intel: Top five weekend stock stories »
20:02 04/18/21 04/1820:02 04/18/2120:02
PTON
Peloton
Tesla
Coinbase
AT&T
PetIQ
ChargePoint
O'Reilly Automotive
Catch up on the… Catch up on the weekend's top five stories with this list compiled by The Fly: 1. The U.S. Consumer Product Safety Commission issued a bulletin on Saturday about the "danger of popular Peloton Tread+ exercise machine after multiple incidents of small children and a pet being injured beneath the machines. The Commission has found that the public health and safety requires this notice to warn the public quickly of the hazard." The warning comes less than a month after Peloton itself released news of a child's death by a Peloton Tread+. The agency is continuing to investigate all known incidents of injury or death related to the Peloton Tread+. To date, CPSC is aware of 39 incidents including one death." Meanwhile, Peloton (PTON) said in a statement that, "The company is troubled by the Consumer Product Safety Commission's unilateral press release about the Peloton Tread+ because it is inaccurate and misleading. There is no reason to stop using the Tread+, as long as all warnings and safety instructions are followed. Children under 16 should never use the Tread+, and Members should keep children, pets, and objects away from the Tread+ at all times. Peloton was shocked and devastated to learn in March that a child died while using the Tread+. Within a day of learning this news, Peloton notified CPSC. While preparing its report to CPSC, Peloton learned through a doctor's report to CPSC's public database that a child had experienced a brain injury. Peloton spoke to the family who reported that and the child is expected to fully recover. Not wanting to delay in notifying Members, on March 18, 2021, Peloton's co-founder and CEO John Foley sent an urgent reminder directly to Tread+ Members to follow the critical warnings and safety instructions that accompany the Tread+, which state that children, pets, and objects should be kept clear of the Tread+ at all times." 2. Two men died after a Tesla (TSLA) vehicle that authorities believe was operating without anyone in the driver's seat crashed into a tree Saturday night north of Houston, The Wall Street Journal's Rebecca Elliott reported. One of the men was in the front passenger's seat and the other was in the back seat of the Tesla, which was traveling at high speed along a curve before it hit a tree around 11:25pm local time, Harris County Precinct 4 Constable Mark Herman said in an interview. 3. Coinbase Global (COIN) issued stock at an ideal moment-the value of the cryptocurrency market has doubled in just the past two months, Bitcoin is booming, and institutional investors are scrambling to get in, Avi Salzman wrote in this week's edition of Barron's. Coinbase is "the real deal," a novel company with competitive advantages that have enabled it to increase market share despite fierce rivals, the author contends. The stock may falter in the next crypto downturn, but its current valuation does not look unreasonable, Salzman said, adding that there is good reason to believe the stock could rise significantly. 4. Legendary and AT&T (T) subsidiary Warner Bros.' "Godzilla vs. Kong" stayed number 1 in its third outing with an estimated $7.7M domestically to hit $80.5M through Sunday. Overseas, the movie grossed another $12.2M for a total of $309.7M and $390.2M worldwide, passing up "Tenet" at $365M. 5. PetIQ (PETQ), ChargePoint Holdings (CHPT), EVgo, Volta, EVbox, O'Reilly Automotive (ORLY) saw positive mentions in this week's edition of Barron's. ShowHide Related Items >><<
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Periodicals
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Canada's Ontario to expand use of AstraZeneca COVID vaccine, Reuters says »
19:51 04/18/21 04/1819:51 04/18/2119:51
AZN
AstraZeneca
The Canadian province of… Story temporarily locked. ShowHide Related Items >><<
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Initiation
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Innoviz Technologies initiated with a Neutral at Goldman Sachs »
19:49 04/18/21 04/1819:49 04/18/2119:49
INVZ
Innoviz Technologies
Velodyne Lidar
Goldman Sachs analyst… Story temporarily locked. ShowHide Related Items >><<
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Initiation
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Velodyne Lidar initiated with a Neutral at Goldman Sachs »
19:46 04/18/21 04/1819:46 04/18/2119:46
VLDR
Velodyne Lidar
Goldman Sachs analyst… Story temporarily locked. ShowHide Related Items >><<
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PT Indofood CBP upgraded to Buy from Neutral at Goldman Sachs »
19:40 04/18/21 04/1819:40 04/18/2119:40
PIFFY
PT Indofood CBP
Goldman Sachs analyst… Story temporarily locked. |
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OneMain Holdings downgraded to Market Perform from Outperform at BMO Capital »
19:36 04/18/21 04/1819:36 04/18/2119:36
OMF
OneMain Holdings
KKR
Apollo Global
Franklin Resources
Victory Capital
Morgan Stanley
Goldman Sachs
BMO Capital analyst James… Story temporarily locked. ShowHide Related Items >><<
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Discover downgraded to Market Perform from Outperform at BMO Capital »
19:33 04/18/21 04/1819:33 04/18/2119:33
DFS
Discover
BMO Capital analyst James… Story temporarily locked. ShowHide Related Items >><<
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Periodicals
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Fauci predicts resumption of J&J COVID vaccine use, Reuters reports »
17:55 04/18/21 04/1817:55 04/18/2117:55
JNJ
Johnson & Johnson
Anthony Fauci on Sunday… Anthony Fauci on Sunday predicted that U.S. health regulators will end the temporary pause on distributing Johnson & Johnson's COVID-19 vaccine, adding he expects a decision could come as soon as Friday, Reuters' Sarah Lynch reports. The U.S. Centers for Disease Control and Prevention advisory panel is set to meet on April 23 to discuss the next steps for the vaccine. Reference Link ShowHide Related Items >><<
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Periodicals
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TSMC warns trade tensions may disrupt supply, Bloomberg reports »
17:48 04/18/21 04/1817:48 04/18/2117:48
TSM
TSMC
Apple
TSMC (TSM) warned for the… Story temporarily locked. ShowHide Related Items >><<
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Periodicals
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Amazon cancels Lord of the Rings game announced two years ago, Bloomberg says »
17:40 04/18/21 04/1817:40 04/18/2117:40
AMZN
Amazon.com
Tencent
Amazon's (AMZN)… Amazon's (AMZN) embattled video game division has canceled an online role-playing game based on the fantasy series Lord of the Rings, which was announced in 2019, in another setback for the technology giant, Bloomberg's Jason Schreier reports. The game had been in development at Amazon Game Studios alongside the China-based Leyou Technologies. which was purchased by conglomerate Tencent (TCEHY) in December, the author notes. Reference Link ShowHide Related Items >><<
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Periodicals
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Japan, Pfizer agree on more vaccine supply, Bloomberg reports »
17:35 04/18/21 04/1817:35 04/18/2117:35
PFE
Pfizer
Japan's vaccine czar… Story temporarily locked. ShowHide Related Items >><<
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Periodicals
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Tesla crash in Texas believed to be driverless, WSJ reports »
17:31 04/18/21 04/1817:31 04/18/2117:31
TSLA
Tesla
Two men died after a… Two men died after a Tesla vehicle that authorities believe was operating without anyone in the driver's seat crashed into a tree Saturday night north of Houston, The Wall Street Journal's Rebecca Elliott reports. One of the men was in the front passenger's seat and the other was in the back seat of the Tesla, which was traveling at high speed along a curve before it hit a tree around 11:25pm local time, Harris County Precinct 4 Constable Mark Herman said in an interview. Reference Link ShowHide Related Items >><<
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Conference/Events
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Evogene to hold a virtual analyst and investor day »
17:24 04/18/21 04/1817:24 04/18/2117:24
EVGN
Evogene
Virtual Analyst and… Story temporarily locked. ShowHide Related Items >><<
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On The Fly
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Box Office Battle: 'Godzilla vs. Kong' wins weekend with $7.7M »
17:23 04/18/21 04/1817:23 04/18/2117:23
T
AT&T
Comcast
Comcast
Sony
Lionsgate
Lionsgate
Disney
ViacomCBS
ViacomCBS
"Box Office Battle" is… ShowHide Related Items >><<
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Conference/Events
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Advance Auto Parts to hold a virtual meeting »
17:12 04/18/21 04/1817:12 04/18/2117:12
AAP
Advance Auto Parts
Analyst and Investor… Story temporarily locked. ShowHide Related Items >><<
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Conference/Events
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Morgan Stanley CRE analyst to hold an analyst/industry conference call »
16:46 04/18/21 04/1816:46 04/18/2116:46
Head of US CRE Research… Head of US CRE Research Hill, along with James Woodwell, VP of Mortgage Bankers Association, discuss the state of the Commercial Real Estate Industry on an Analyst/Industry conference call to be held on April 19 at 1 pm. |
Conference/Events
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Morgan Stanley sustainability analyst holds analyst/industry conference call »
16:33 04/18/21 04/1816:33 04/18/2116:33
Global Head of… Story temporarily locked. |
Conference/Events
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Morgan Stanley cross-asset strategists hold analyst/industry conference call »
16:30 04/18/21 04/1816:30 04/18/2116:30
Cross-Asset Strategist… Cross-Asset Strategist Sheets, US and European Credit Strategist Sankaran, US IG and Credit Derivatives Strategist Patkar discuss is credit still an early cycle on an Analyst/Industry conference call to be held on April 19 at 9 am. |
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Sensata upgraded to Outperform from In Line at Evercore ISI »
16:27 04/18/21 04/1816:27 04/18/2116:27
ST
Sensata
Evercore ISI analyst Amit… Story temporarily locked. ShowHide Related Items >><<
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Conference/Events
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Jefferies alternative energy/solar analyst hold analyst/industry conference call »
16:13 04/18/21 04/1816:13 04/18/2116:13
SPWR
SunPower
First Solar
Renewable Energy
Analysts, along with Cary… Analysts, along with Cary Hayes, Americas President for REC Group, discuss the current state and outlook of the solar market, with a particular focus on solar modules on an Analyst/Industry conference call to be held on April 19 at 10 am. ShowHide Related Items >><<
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Prothena presents Phase 1 study results of PRX004 »
16:12 04/18/21 04/1816:12 04/18/2116:12
PRTA
Prothena
Prothena presented… Story temporarily locked. ShowHide Related Items >><<
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Elbit Systems awarded $1.65B contract for flight training program »
16:10 04/18/21 04/1816:10 04/18/2116:10
ESLT
Elbit Systems
Elbit Systems announced,… Elbit Systems announced, further to the company's announcement of January 5, 2021, that it was awarded a contract valued at approximately $1.65B for the establishment and operation of the International Flight Training Center of the Hellenic Air Force, as part of an agreement between the Israeli Ministry of Defense and the Hellenic Ministry of National Defense. The contract will be performed over a period of approximately 20 years and will include price indexation. Under the contract, Elbit Systems will supply new M-346 training aircraft and will maintain the entire training fleet, comprised of dozens of M-346 and T-6 training aircraft for a period of approximately 20 years. In addition, the company will provide its latest advanced Embedded Virtual Avionics onboard the training aircraft, deliver networked flight simulators and an array of Ground-Based Training Stations as well as a command and control systems to enable efficient management of the flight training operation. ShowHide Related Items >><<
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CNH Industrial terminates On-Highway business discussions with FAW Jiefang »
16:08 04/18/21 04/1816:08 04/18/2116:08
CNHI
CNH Industrial
CNH Industrial has… Story temporarily locked. ShowHide Related Items >><<
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Amarin presents new analyses of EVAPORATE study »
16:06 04/18/21 04/1816:06 04/18/2116:06
AMRN
Amarin
Amarin announced that… Amarin announced that further analyses from the Effect of Icosapent Ethyl on Progression of Coronary Atherosclerosis in Patients with Elevated Triglycerides on Statin Therapy: EVAPORATE Trial were presented as Late-Breaking Science at European Society of Cardiology Preventive Cardiology 2021, the Annual Congress of the European Association of Preventive Cardiology, on April 17. As previously reported and published in the European Heart Journal, VASCEPA demonstrated significant, 17% regression of low attenuation plaque volume on multidetector computed tomography compared with placebo over 18 months. The Effect of Icosapent Ethyl on Changes in Coronary Plaque Morphology: EVAPORATE analyses presented at ESC Preventive Cardiology 2021 demonstrated that with administration of 4 g/day of VASCEPA on top of statin therapy, there was an observed change in plaque stability occurring at 9 months and sustained through 18 months. Of the 80 patients that were enrolled in the randomized, double-blind, placebo-controlled EVAPORATE trial, 55 patients had images that were able to be utilized for the histology-validated software. The EVAPORATE plaque morphology study used ElucidVivo, the first FDA-cleared analysis for specific tissue characterization using histopathologic correlates to assess plaque morphology characteristics, including Lipid Rich Necrotic Core, fibrous cap thickness, and intraplaque hemorrhage. Whereas with placebo LRNC increased and cap thickness decreased, both indicative of moving to a less stable phenotype, with icosapent ethyl there was a measured LRNC decrease and cap thickness increase, indicative of moving to a more stable phenotype. The primary limitation of this single coronary plaque study as identified by its investigators is its small sample size. More study is needed to more fully understand the effects of VASCEPA on coronary plaque to determine the relationship, if any, of such plaque effects on cardiovascular risk reduction. ShowHide Related Items >><<
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Peloton refutes consumer product safety commission claims »
16:02 04/18/21 04/1816:02 04/18/2116:02
PTON
Peloton
In a statement, Peloton… Story temporarily locked. ShowHide Related Items >><<
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