Yesterday | ||||
Periodicals
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Biden to block Trump's plan to lift COVID travel restrictions, Reuters reports »
20:10 01/18/21 01/1820:10 01/18/2120:10
ALK
Alaska Air
Southwest
Delta Air Lines
JetBlue
United Airlines
Spirit Airlines
American Airlines
U.S. President-elect Joe… U.S. President-elect Joe Biden plans to quickly extend travel restrictions barring travel by most people who have recently been in much of Europe and Brazil soon after President Donald Trump lifted those requirements effective Jan. 26, Reuters' David Shepardson reports, citing a spokeswoman for Biden. Publicly traded companies in the space include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Airlines (UAL).Reference Link ShowHide Related Items >><<
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Periodicals
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Trump lifting COVID travel restrictions on Europe/Brazil, Reuters reports »
18:22 01/18/21 01/1818:22 01/18/2118:22
ALK
Alaska Air
Southwest
Delta Air Lines
JetBlue
United Airlines
Spirit Airlines
American Airlines
President Donald Trump… President Donald Trump will rescind entry bans for most non-U.S. citizens who recently were in Brazil and much of Europe starting on Jan. 26, Reuters' David Shepardson reports, citing two officials briefed on the matter. The restrictions are set to end under a new proclamation from Trump the same day that new COVID-19 test requirements take effect for all international visitors, the author adds. Publicly traded companies in the space include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Airlines (UAL).Reference Link ShowHide Related Items >><<
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Upgrade
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Atlas Copco upgraded to Conviction Buy from Buy at Goldman Sachs »
08:17 01/18/21 01/1808:17 01/18/2108:17
ATLKY
Atlas Copco
Goldman Sachs analyst… Goldman Sachs analyst Daniela Costa added Atlas Copco to the firm's Conviction List while keeping a Buy rating on the shares with a price target of SEK 535, up from SEK 505. The analyst thinks Atlas has the "most flexibility" to add business through acquisitions given its existing cash balance and areas of focus. ShowHide Related Items >><<
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Sunday | ||||
Hot Stocks
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Fly Intel: Top five weekend stock stories »
19:54 01/17/21 01/1719:54 01/17/2119:54
INTC
Intel
Apple
Samsung
AMD
Nvidia
Alphabet
Alphabet Class A
3M
Toll Brothers
GameStop
Catch up on the… Catch up on the weekend's top five stories with this list compiled by The Fly: 1. The Trump administration notified Huawei suppliers, including chipmaker Intel (INTC), that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications company, Reuters' Karen Freifeld and Alexandra Alper reported, citing people familiar with the matter. The action - likely the last against Huawei Technologies under Republican President Donald Trump - is the latest in a long-running effort to weaken the world's largest telecommunications equipment maker, which it says is a threat to U.S. national security and foreign policy interests, the authors noted. 2. Apple (AAPL) has begun early work on an iPhone with a foldable screen, a potential rival to similar devices from Samsung (SSNLF) and others, though it's planning only minor changes for this year's iPhone line, Bloomberg's Mark Gurman reported. The company has developed prototype foldable screens for internal testing, but hasn't solidified plans to actually launch a foldable iPhone, the author note. The development work hasn't expanded beyond a display, meaning Apple doesn't yet have full handset prototypes in its labs, according to a person familiar with the work. 3. Just over twenty years ago, Pat Gelsinger became Intel's first-ever chief technology officer and now he is back, with the CEO job he presumably wanted all along, Max Cherney wrote in this week's edition of Barron's. Gelsinger has his work cut out for him, the author added, noting that a series of manufacturing problems at Intel have allowed rivals AMD (AMD) and Nvidia (NVDA) to take share in key chip markets. Gelsinger's appointment is a step in the right direction, but a rebound will still take time, the publication contended. 4. State attorneys general are planning another lawsuit against Google (GOOG), this one focused on the search and advertising giant's Play Store for Android phones, according to Reuters, citing two sources familiar with the matter. The lawsuit is expected to be filed in February or March, the sources said, and it would follow complaints about Google's management of its Play Store even though the company was originally seen as more open about its app store than Apple. 5. 3M (MMM) and Toll Brothers (TOL) saw positive mentions in this week's edition of Barron's, while GameStop (GME) was mentioned cautiously. ShowHide Related Items >><<
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Periodicals
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GM to invest $800M for EV output at Ontario plant, Bloomberg reports »
15:50 01/17/21 01/1715:50 01/17/2115:50
GM
General Motors
General Motors will… General Motors will invest nearly $800M to bring production of the BrightDrop EV600 electric vehicle to its CAMI manufacturing plant in Ontario, Canada, Bloomberg's Max Zimmerman and Michael Bellusci report. The investment will convert the factory into a large-scale electric delivery vehicle manufacturing plant to support GM's timing to deliver the EV600 in late 2021, the company. The agreement is subject to ratification with union Unifor and confirmation of government support. Reference Link ShowHide Related Items >><<
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Saturday | ||||
Periodicals
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3M stock 'unloved, underpriced,' Barron's says »
09:53 01/16/21 01/1609:53 01/16/2109:53
MMM
3M
Investors looking to make… Investors looking to make a bet on an industrial bounce back could do worse than buy 3M, Ben Levisohn writes in this week's edition of Barron's. Its stock has dropped 7.9% over the past 12 months, the author notes. But with 3M scheduled to report earnings later this month, the stock could be set for a move higher, he argues. Reference Link ShowHide Related Items >><<
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On The Fly
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Charged: NIO unveils new sedan, Plug partners with Renault »
08:55 01/16/21 01/1608:55 01/16/2108:55
TSLA
Tesla
NIO Inc.
Nvidia
Lordstown Motors
Plug Power
Renault
FuelCell
Enphase Energy
SolarEdge
SunPower
Luminar
Velodyne Lidar
Welcome to The Fly's… ShowHide Related Items >><<
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Friday | ||||
Hot Stocks
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Huntington Ingalls awarded $174.91M Navy contract »
17:10 01/15/21 01/1517:10 01/15/2117:10
HII
Huntington Ingalls
Huntington Ingalls was… Huntington Ingalls was awarded a $174.91M cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract to provide Navy aircraft carrier Elevator Support Unit maintenance and repair. Work will be performed aboard Navy CVNs within the continental U.S.; outside the continental U.S.; and forward deployed locations according to individual task orders, and is expected to be completed by January 2026. No funds will be obligated at the time of award. Funding will be obligated on individual orders as they are issued. This contract was competitively procured and solicited via the beta.SAM.gov website. The Naval Sea Systems Command is the contracting activity. ShowHide Related Items >><<
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Hot Stocks
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Delta Air Lines to get $2.9B in payroll support payments »
16:57 01/15/21 01/1516:57 01/15/2116:57
DAL
Delta Air Lines
In a regulatory filing,… In a regulatory filing, the company states: "On January 15, 2021, Delta Air Lines entered into a Payroll Support Program Extension Agreement with the United States Department of the Treasury. Pursuant to the PSP Extension Agreement, Delta expects to receive $2.9B in payroll support payments, which must be used exclusively for the continuation of payment of employee wages, salaries and benefits. The payroll support payments are also conditioned on, among other things, Delta's agreement to continue essential air service as directed by the U.S. Department of Transportation until March 1, 2022, certain limitations on executive compensation until October 1, 2022, and prohibitions on share repurchases and dividends through March 31, 2022. In addition, the PSP Extension Agreement prohibits Delta from conducting involuntary layoffs or furloughs of U.S. employees through March 31, 2021. The relief payments consist of approximately $2.0B in grants and $830M in an unsecured 10-year loan. Delta received the first installment of $1.4B under the agreement on January 15, 2021 and expects to receive the balance in the March quarter." ShowHide Related Items >><<
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Options
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Honeywell call volume above normal and directionally bullish »
15:45 01/15/21 01/1515:45 01/15/2115:45
HON
Honeywell
Bullish option flow… Bullish option flow detected in Honeywell with 5,049 calls trading, 1.6x expected, and implied vol increasing over 1 point to 27.93%. Mar-21 210 calls and Jun-21 230 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.65. Earnings are expected on January 29th. ShowHide Related Items >><<
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