Information Provided By:
Fly News Breaks for October 11, 2017
Oct 11, 2017 | 10:25 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Electronic Arts (EA) initiated with a Buy at SunTrust. 2. FedEx (FDX) was initiated with an Overweight at KeyBanc, while Schneider National (SNDR) was initiated with a Sector Weight. 3. Hostess Brands (TWNK) initiated with a Neutral at JPMorgan. 4. INC Research (INCR) re-initiated with an Outperform at Credit Suisse. 5. First Bank (FRBA) resumed with a Hold at Sandler O'Neill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For EA;FDX;SNDR;TWNK;INCR;FRBA From the Last 2 Days
Mar 20, 2018 | 17:25 EDT
UP AFTER EARNINGS: NovaBay (NBY), up 9.7%... Laureate Education (LAUR), up 4.9%. ALSO HIGHER: Prothena (PRTA), up 20.5% after it announced a collaboration deal with Celgene (CELG)... Black Box (BBOX), up 4.8% after it was selected for the U.S. Army SWA-OSP engineering and modernization program... MuleSoft (MULE), up 4.8% after it agreed to be acquired by Salesforce (CRM) for $6.5B in cash and stock. DOWN AFTER EARNINGS: FedEx (FDX), down 0.4%. ALSO LOWER: TPG Specialty Lending (TSLX), down 3.6% after it filed to sell 3.75M shares of common stock... DBV Technologies (DBVT), down 3.5% after it filed to sell $150M in common stock... Salesforce, down 2.9% after it agreed to acquire MuleSoft.
Mar 20, 2018 | 17:24 EDT
Says TNT acquisition was the most important in the company's history. Says TNT integration is accelerating. Says freight segment is having its best run in a decade.
Mar 20, 2018 | 17:14 EDT
Says the company is concerned about protectionist tariffs. Comments taken from Q3 earnings conference call.
Mar 20, 2018 | 16:23 EDT
A package that blew up at a FedEx distribution center near San Antonio is linked to four blasts in Austin this month, NBC News reports, citing a source briefed on the investigation. Tuesday's incident occured around 12:25 am local time int he sorting area of facility in Schertz, Texas, the report says. Reference Link
Mar 20, 2018 | 16:16 EDT
Reports Q3 revenue $16.5B, consensus $16.15B. "Execution of our long-term growth strategies, customer demand for the unique value of our broad portfolio of solutions and healthy growth in the global economy are driving our performance," said Frederick W. Smith, FedEx Corp. chairman and chief executive officer. "We expect strong operating performance in each of our transportation segments in the fourth quarter." Operating results benefited from higher base rates, increased volume at FedEx Ground and FedEx Freight, and a favorable net impact from fuel. Results were negatively affected by significantly higher variable compensation accruals, increased peak-related costs at FedEx Express and the impact of adverse weather. Variable compensation increased in connection with the company's pay actions that were announced following the passage of the TCJA. These variable compensation accruals include the year-to-date impact of the announced changes. TNT Express integration expenses were also higher.
Mar 20, 2018 | 14:03 EDT
Notable companies reporting after the market close, with earnings consensus, include FedEx (FDX), consensus $3.11.
Mar 20, 2018 | 12:42 EDT
Welcome to "Game On," The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: Among the major releases this week is Microsoft Studios' (MSFT) "Sea of Thieves," an open-world pirate-themed action game that launches today on Xbox One and PC. Also out this week is Electronic Arts' (EA) action-adventure game "A Way Out," which rolls out on Xbox One, PlayStation 4 (SNE), and PC on March 23. In addition, Bandai Namco's role-playing game "Ni No Kuni II: Revenant Kingdom" launches on PS4 and PC on March 23. MICROSOFT'S 'NETFLIX FOR VIDEO GAMES': Last week, Microsoft gaming cloud division chief Kareem Choudhry told The Verge in an interview that the company is working on a service that would function in largely the same way as a Netflix (NFLX) for video games. Choudhry said that the service would offer users access to games from a litany of developers, including Microsoft, and stream those games to the player's device of choice. stream those titles to the player's device of choice, according to Choudhry. "We're looking at ways to make that content available to anyone no matter what device they're on," he said, adding that there will eventually be "2B gamers in the world" and Microsoft's goal "is to reach every one of them." 'BATTLEFRONT II' LOOT BOX UPDATE: In a blog post last Friday, EA announced a progression update for "Star Wars Battlefront II," which includes a "complete re-design" of the in-game progression system. As part of the update, which will begin rolling out on March 21, players will no longer be able to spend real money on items that affect how the game is played. Players will not be able to purchase loot crates or ability-boosting Star Cards anymore, and instead will have to earn experience points and skill points for heroes, classes, and ships. "With this update, progression is now linear," the company said. "Star Cards, or any other item impacting gameplay, will only be earned through gameplay and will not be available for purchase." GOOGLE MAPS FOR DESIGNERS: TechCrunch reported last week that Google (GOOG, GOOGL) is making its Maps API more accessible to video game designers, providing them with access to the real world's geography and geometry, inserting 100M 3D buildings, landmarks, and more into developer's design repertoires. Game makes such as EA, Activision Blizzard (ATVI), and Take-Two (TTWO) can use these maps to serve as the foundation of their digital environments with all of the models turned into GameObjects in the Unity game engine that are ready to be adjusted, according to TechCrunch.
Mar 20, 2018 | 08:02 EDT
FedEx Office, a subsidiary of FedEx Corp. (FDX), and Walmart (WMT) announced an agreement to place 500 new FedEx Office locations within select domestic Walmart stores nationwide in the next 24 months. The announcement comes after completion of a successful pilot program spanning 47 locations within Walmart stores across six states. Walmart-based FedEx Office locations offer customers convenient access to packing, shipping and printing solutions near where they shop, work and live. Customers can also conveniently direct their packages to be held at any Walmart-based FedEx Office location for up to five business days either directly or by redirecting using FedEx Delivery Manager. The FedEx Office and Walmart rollout is part of the nationwide expansion of the FedEx retail channel, a network of retail locations offering FedEx services.
Mar 19, 2018 | 07:36 EDT
Shop Talk will be held in Las Vegas on March 18-21.
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.