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Fly News Breaks for February 12, 2020
CMCSA, T, DIS, AKAM
Feb 12, 2020 | 09:27 EDT
DA Davidson analyst Rishi Jaluria raised his price target on Akamai (AKAM) to $115 and kept his Buy rating after its "strong" Q4 results driven by security growth, upside from OTT launches, and e-commerce. The analyst is also raising his FY20 EPS view by 22c to $4.82, with a positive view on its market leadership position in CDN, growing security business, and OTT opportunities as Disney+ (DIS) expand internationally and Peacock/HBO Max services are launched.
News For AKAM;DIS;T;CMCSA From the Last 2 Days
T
Apr 22, 2021 | 12:31 EDT
The major averages are mixed at midday - with the Nasdaq a bit higher, the Dow a bit lower and the S&P little changed - as a rebound in concern over the virus continues to be weighed against optimism over earnings. ECONOMIC EVENTS: In... To see the rest of the story go to thefly.com. See Story Here
T
Apr 22, 2021 | 09:55 EDT
Notable gainers among liquid option names this morning include Equifax (EFX) $224.31 +31.68, Pool Corp. (POOL) $416.58 +30.84, Robert Half (RHI) $87.15 +4.65, AT&T (T) $31.64 +1.54, and Enphase Energy (ENPH) $162.66 +7.59.
T
Apr 22, 2021 | 08:54 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Renalytix... To see the rest of the story go to thefly.com. See Story Here
T
Apr 22, 2021 | 08:45 EDT
Says on track for "sizeable reduction of debt" by year end. Sees net debt/EBITDA ~3x by year end. Says ~90% of debt at fixed rate.
T
Apr 22, 2021 | 06:40 EDT
Sees FY21 consolidated revenue growth in the 1% range on a comparative basis, consensus $172.95B.
T
Apr 22, 2021 | 06:36 EDT
Mobility: 595,000 postpaid phone net adds; 823,000 postpaid net adds; 207,000 prepaid phone net adds; Postpaid phone churn of 0.76%; Revenues up 9.4%; service revenues up 0.6%; equipment revenues up 45.2%; Operating income of $6.0 billion, up 3.7% year over year; EBITDA up 2.3%; Operating income margin of 31.5%; EBITDA service margin 57.1% compared to 56.1% in the year-ago quarter.
DIS
Apr 21, 2021 | 17:59 EDT
Disney (DIS) and Sony's (SNE) Sony Pictures Entertainment announced a multi-year content licensing agreement for U.S. streaming and TV rights to Sony Pictures' new theatrical releases across Disney Media & Entertainment Distribution's portfolio of platforms including its streaming services Disney+ and Hulu, as well as linear entertainment networks including ABC, Disney Channels, Freeform, FX and National Geographic. The deal covers theatrical releases from 2022-2026 and begins for each film following its Pay 1 TV window. The agreement builds upon the companies' prior arrangement which saw Sony movies licensed to FX in the post-Pay 1 TV window. The deal also grants rights to a significant number of Sony's library titles, ranging from the "Jumanji" and "Hotel Transylvania" franchises to Sony Pictures' Universe of Marvel Characters films, including Spider-Man. Notably, the agreement provides Hulu access to a significant number of library titles beginning as early as this June. Financial terms of the agreement were not disclosed.
T
Apr 21, 2021 | 13:48 EDT
Notable companies reporting before tomorrow's open, with earnings consensus, include AT&T Inc. (T), consensus 78c... Danaher (DHR), consensus $1.75... Union Pacific (UNP), consensus $2.06... Blackstone (BX), consensus 76c... HCA Healthcare (HCA), consensus $3.35... Freeport-McMoRan (FCX), consensus 50c... Dow Inc. (DOW), consensus $1.14... Southwest Airlines (LUV), consensus ($1.85)... D.R. Horton (DHI), consensus $2.15... Tractor Supply (TSCO), consensus 96c... Quest Diagnostics (DGX), consensus $3.17... Huntington Bancshares (HBAN), consensus 35c... American Airlines (AAL), consensus ($4.30)... Alaska Air (ALK), consensus ($3.63).