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Options
Two new option listings and four option delistings on September 3rd » 08:30
09/03/19
09/03
08:30
09/03/19
08:30
BBI

Brickell Biotech

$0.68 /

-0.1301 (-16.06%)

, CMFN

CM Finance

$7.04 /

-0.19 (-2.63%)

, PCMI

PCM, Inc.

$35.00 /

+ (+0.00%)

, VICL

Changed to BBI

$0.68 /

-0.1301 (-16.06%)

, WAGE

Bought by HQY

$51.35 /

+ (+0.00%)

New option listings for…

New option listings for September 3rd include Brickell Biotech Inc (BBI) and Investcorp Credit Management BDC Inc (ICMB). Option delistings effective September 3rd include CM Financial Inc (CMFN), PCM Inc (PCMI), Vical Inc (VICL), and Wageworks Inc (WAGE).

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BBI Brickell Biotech
$0.68 /

-0.1301 (-16.06%)

CMFN CM Finance
$7.04 /

-0.19 (-2.63%)

PCMI PCM, Inc.
$35.00 /

+ (+0.00%)

06/25/19 Roth Capital
PCM, Inc. downgraded to Neutral from Buy at Roth Capital
06/24/19 Stifel
Insight Enterprises price target raised to $60 on PCM deal at Stifel
02/07/19 Roth Capital
PCM, Inc. price target raised to $29.60 from $24.20 at Roth Capital
VICL Changed to BBI
$0.68 /

-0.1301 (-16.06%)

02/25/19 H.C. Wainwright
Vical downgraded to Neutral from Buy at H.C. Wainwright
02/21/19 IFS Securities
Vical downgraded to Market Perform from Outperform at IFS Securities
WAGE Bought by HQY
$51.35 /

+ (+0.00%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/15/19
Fly Intel: Top five analyst downgrades
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
Hot Stocks
HealthEquity completes acquisition of WageWorks » 09:04
08/30/19
08/30
09:04
08/30/19
09:04
HQY

HealthEquity

$58.99 /

+0.97 (+1.67%)

, WAGE

Bought by HQY

$51.35 /

-0.005 (-0.01%)

HealthEquity, Inc. (HQY)…

HealthEquity, Inc. (HQY) completed its acquisition of WageWorks, Inc., (WAGE), to become a leading administrator of health savings accounts and complementary consumer-directed benefits , including flexible spending and health reimbursement arrangements, COBRA and commuter benefits. The acquisition establishes HealthEquity as the complete partner for employers, benefits consultants, health and retirement plan providers seeking to help working families connect health and wealth. HealthEquity also announced details of a $80M-100M investment in service. HealthEquity expects to bring all WageWorks customer care back to the United States, expand its digital and live member engagement capabilities, including benefits experts available every hour of every day, simplify administration for employers through a unified platform, and strengthen data security and privacy protections across all of its new CDB offerings. The Company expects to complete its investment program within 24 to 36 months.

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HQY HealthEquity
$58.99 /

+0.97 (+1.67%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/19/19 BofA
HealthEquity upgraded to Buy from Neutral at BofA/Merrill
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
WAGE Bought by HQY
$51.35 /

-0.005 (-0.01%)

07/15/19
Fly Intel: Top five analyst downgrades
Hot Stocks
Wageworks trading halted, news dissemination  08:10
08/30/19
08/30
08:10
08/30/19
08:10
WAGE

Bought by HQY

$51.35 /

-0.005 (-0.01%)

 
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WAGE Bought by HQY
$51.35 /

-0.005 (-0.01%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/15/19
Fly Intel: Top five analyst downgrades
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
Hot Stocks
Trinseo to replace WageWorks in S&P 600 at open on 8/30 » 04:55
08/30/19
08/30
04:55
08/30/19
04:55
TSE

Trinseo

$34.98 /

+2.2503 (+6.88%)

, WAGE

Bought by HQY

$51.35 /

-0.005 (-0.01%)

, HQY

HealthEquity

$58.99 /

+0.97 (+1.67%)

HealthEquity (HQY) is…

HealthEquity (HQY) is acquiring WageWorks (WAGE) in a transaction expected to be completed on or about that date pending final conditions.

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TSE Trinseo
$34.98 /

+2.2503 (+6.88%)

08/13/19 Citi
Trinseo downgraded to Neutral from Buy at Citi
08/12/19 Deutsche Bank
Trinseo post earnings selloff Friday overdone, says Deutsche Bank
07/17/19 Goldman Sachs
Trinseo downgraded to Sell from Neutral at Goldman Sachs
07/01/19 Deutsche Bank
Trinseo price target lowered to $50 from $55 at Deutsche Bank
WAGE Bought by HQY
$51.35 /

-0.005 (-0.01%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/15/19
Fly Intel: Top five analyst downgrades
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
HQY HealthEquity
$58.99 /

+0.97 (+1.67%)

07/19/19 BofA
HealthEquity upgraded to Buy from Neutral at BofA/Merrill
Hot Stocks
WageWorks stockholders approve acquisition by HealthEquity » 18:43
08/28/19
08/28
18:43
08/28/19
18:43
WAGE

Bought by HQY

$51.35 /

+0.02 (+0.04%)

, HQY

HealthEquity

$58.02 /

+0.81 (+1.42%)

WageWorks, Inc. (WAGE)…

WageWorks, Inc. (WAGE) announced that its stockholders voted to adopt the agreement pursuant to which WageWorks would be acquired as a wholly-owned subsidiary of HealthEquity, Inc. (HQY) in an all-cash transaction. Under the terms of the agreement, HealthEquity will acquire all issued and outstanding shares of WageWorks for $51.35 per share in cash, representing a total enterprise value of approximately $2B. The acquisition is expected to close on August 30, 2019, subject to satisfaction of remaining customary closing conditions.

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WAGE Bought by HQY
$51.35 /

+0.02 (+0.04%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/15/19
Fly Intel: Top five analyst downgrades
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
HQY HealthEquity
$58.02 /

+0.81 (+1.42%)

07/19/19 BofA
HealthEquity upgraded to Buy from Neutral at BofA/Merrill
Hot Stocks
WageWorks board reaffirms HealthEquity acquisition reccomendation » 07:14
08/27/19
08/27
07:14
08/27/19
07:14
WAGE

Bought by HQY

$51.32 /

+0.01 (+0.02%)

, HQY

HealthEquity

$58.55 /

+0.03 (+0.05%)

WageWorks (WAGE)…

WageWorks (WAGE) disclosed it has received an unsolicited, non-binding letter of interest from Mansa. The WageWorks board, in consultation with its financial and legal advisors and in line with its fiduciary duties, has reviewed the letter of interest and unanimously concluded that it contains significant contingencies and is not reasonably expected to result in a superior proposal under the terms of WageWorks' previously announced merger with HealthEquity, (HQY). In reaching its decision, the WageWorks board determined that the indicative value referenced in the Mansa letter is "speculative, highly conditional and contingent, non-binding and does not constitute a true and serious proposal." In its letter, Mansa makes clear that the letter itself does not constitute a "firm offer or an intention to make any offer for WageWorks," and is conditioned upon a 21-day due diligence period. The letter was accompanied by non-binding letters of interest from potential financing sources, each contingent on a number of conditions, including due diligence. The debt financing source specifically stated that "This transaction has not been formally screened...this letter is simply an indication of interest based on conceptual senior credit facilities and does not constitute a proposal." The other equity financing sources also have no public track record of participation in any acquisition. Additionally, the letter of interest references an indicative value of $58.58 per share, based in part on citing potential synergies of at least $110M that would arise from an anticipated acquisition by Mansa of an unnamed third party technology platform. The letter offers no details on the sources of such synergies and no assurances that such acquisition would be consummated. As a result, the WageWorks board reaffirms its recommendation in favor of the merger with HealthEquity, a transaction the board continues to believe is in the best interests of WageWorks stockholders.

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WAGE Bought by HQY
$51.32 /

+0.01 (+0.02%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/15/19
Fly Intel: Top five analyst downgrades
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
HQY HealthEquity
$58.55 /

+0.03 (+0.05%)

07/19/19 BofA
HealthEquity upgraded to Buy from Neutral at BofA/Merrill
Hot Stocks
Trinseo to replace WageWorks in S&P 600 at open on 8/30 » 17:19
08/26/19
08/26
17:19
08/26/19
17:19
TSE

Trinseo

$27.92 /

+0.34 (+1.23%)

, WAGE

Bought by HQY

$51.32 /

+0.01 (+0.02%)

, HQY

HealthEquity

$58.55 /

+0.03 (+0.05%)

HealthEquity (HQY) is…

HealthEquity (HQY) is acquiring WageWorks (WAGE) in a transaction expected to be completed on or about that date pending final conditions.

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TSE Trinseo
$27.92 /

+0.34 (+1.23%)

08/13/19 Citi
Trinseo downgraded to Neutral from Buy at Citi
08/12/19 Deutsche Bank
Trinseo post earnings selloff Friday overdone, says Deutsche Bank
07/17/19 Goldman Sachs
Trinseo downgraded to Sell from Neutral at Goldman Sachs
07/01/19 Deutsche Bank
Trinseo price target lowered to $50 from $55 at Deutsche Bank
WAGE Bought by HQY
$51.32 /

+0.01 (+0.02%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/15/19
Fly Intel: Top five analyst downgrades
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
HQY HealthEquity
$58.55 /

+0.03 (+0.05%)

07/19/19 BofA
HealthEquity upgraded to Buy from Neutral at BofA/Merrill
Hot Stocks
HealthEquity, WageWorks announce HSR clearance » 09:14
07/30/19
07/30
09:14
07/30/19
09:14
HQY

HealthEquity

$81.16 /

-0.4 (-0.49%)

, WAGE

Bought by HQY

$51.12 /

+0.02 (+0.04%)

HealthEquity (HQY) and…

HealthEquity (HQY) and WageWorks, Inc., (WAGE) announced that they have received notification of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 at 5:04 p.m. on July 29, 2019 with respect to WageWorks' pending acquisition by HealthEquity. The early termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the transactions contemplated by the Agreement and Plan of Merger, dated as of June 26, 2019, by and among HealthEquity, WageWorks and Pacific Merger Sub, Inc., a wholly owned subsidiary of HealthEquity. The consummation of such transactions remains subject to other customary closing conditions set forth in the Merger Agreement, including receipt of the approval of the stockholders of WageWorks.

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HQY HealthEquity
$81.16 /

-0.4 (-0.49%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/19/19 BofA
HealthEquity upgraded to Buy from Neutral at BofA/Merrill
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
WAGE Bought by HQY
$51.12 /

+0.02 (+0.04%)

07/15/19
Fly Intel: Top five analyst downgrades
Hot Stocks
WageWorks launches Preferred Broker Program » 08:38
07/25/19
07/25
08:38
07/25/19
08:38
WAGE

Bought by HQY

$50.95 /

-0.075 (-0.15%)

WageWorks announced the…

WageWorks announced the launch of its Preferred Broker Program, providing brokers concierge service to better support multiple clients and participants. This latest news follows the introduction of several HSA product enhancements and 24/7 phone and live chat support, further demonstrating the company's commitment to enhancing its service and product offerings as a leading provider of Health Savings Accounts and other Consumer-Directed Benefits. The new Program is designed to deliver on promises to enhance the broker experience by providing exceptional participant support and easy access to experts, information and resources. By participating in the Program, brokers receive: A dedicated relationship manager and two account executives; Lowered administrative costs through preferred pricing on all new services, regardless of customer size; Performance guarantees based on the overall product performance; A simple experience on a smart platform with mobility and one healthcare card.

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WAGE Bought by HQY
$50.95 /

-0.075 (-0.15%)

07/19/19 Raymond James
HealthEquity price target raised to $90 from $85 at Raymond James
07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/15/19
Fly Intel: Top five analyst downgrades
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
Recommendations
HealthEquity price target raised to $90 from $85 at Raymond James » 08:02
07/19/19
07/19
08:02
07/19/19
08:02
HQY

HealthEquity

$76.39 /

+0.96 (+1.27%)

, WAGE

Bought by HQY

$50.79 /

-0.01 (-0.02%)

Raymond James analyst…

Raymond James analyst Gregory Peters raised his price target for HealthEquity (HQY) to $90 from $85 and reiterates an Outperform rating on the shares. The analyst estimates the WageWorks (WAGE) acquisition should be accretive to non-GAAP earnings by 2% and 56% in fiscal 2020 and fiscal 2021, respectively.

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HQY HealthEquity
$76.39 /

+0.96 (+1.27%)

07/19/19 BofA
BofA sees 'too many tailwinds to ignore' at HealthEquity, upgrades to Buy
07/19/19 BofA
HealthEquity upgraded to Buy from Neutral at BofA/Merrill
07/15/19 Stifel
WageWorks downgraded to Hold from Buy at Stifel
06/28/19 JMP Securities
WageWorks downgraded to Market Perform from Outperform at JMP Securities
WAGE Bought by HQY
$50.79 /

-0.01 (-0.02%)

07/15/19
Fly Intel: Top five analyst downgrades

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