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Fly News Breaks for June 17, 2019
UNP
Jun 17, 2019 | 07:29 EDT
As previously reported, Bernstein analyst David Vernon downgraded Union Pacific to Market Perform from Outperform and lowered its price target on the shares to $177 from $190. The analyst believes is not worth playing in a down freight market as rail stocks do not work in a down truck market.
News For UNP From the Last 2 Days
UNP
Jul 18, 2019 | 16:27 EDT
Stocks spent the morning in the red following last night's report from the WSJ that trade talks have "stalled" and a disappointing quarterly report from Netflix (NFLX). Another well known... To see the rest of the story go to thefly.com. See Story Here
UNP
Jul 18, 2019 | 12:13 EDT
Stocks have been weaker in early trading after worse than expected subscriber growth was reported by "FANG" member Netflix and following last night's report from the WSJ that trade talks have "stalled" as the U. S... To see the rest of the story go to thefly.com. See Story Here
UNP
Jul 18, 2019 | 09:55 EDT
Notable gainers among liquid option names this morning include EBay (EBAY) $41.45 +2.42, Philip Morris (PM) $85.96 +4.90, Union Pacific (UNP) $172.29 +8.26, IBM (IBM) $147.49 +4.37, and KLA-Tencor (KLAC) $129.21 +3.70.
UNP
Jul 18, 2019 | 09:01 EDT
UP AFTER EARNINGS: Phillip Morris (PM), up 4%... eBay (EBAY), up 5%... Union Pacific (UNP), up 3%... Blackstone (BX), up 2.5%... Novartis (NVS), up 5%. ALSO HIGHER: Inseego (INSG), up 7% after Verizon (VZ) debuted its fifth 5G-enabled device with the launch of the company's MiFi M1000. DOWN AFTER EARNINGS: Netflix (NFLX), down 11%... Morgan Stanley (MS), down 1.5%... SAP (SAP), down 6%... IBM (IBM), down 1%. ALSO LOWER: Forty Seven (FTSV), down 3% after its 9.38M share secondary priced at $8.00 per share... Amarin (AMRN), down 8% after announcing that it has commenced an underwritten public offering of $400M of its American depositary shares.