On The Fly: Top stock stories at midday
Stocks opened in negative territory and have remained there throughout the morning. Political concerns in Spain and worries about weakening growth in China were attributed...
Author : The Fly
On The Fly: What to watch in PayPal earnings report
PayPal (PYPL) is scheduled to report results of its third fiscal quarter after market close on October 19, with a conference call scheduled for 5:00...
Goldman Sachs cuts Nike rating ahead of investor day on excess inventory
This morning, Goldman Sachs analyst Lindsay Drucker Mann downgraded Nike to Neutral as she expects shares to trade in a range as the company works...
Drexel Hamilton ‘aggressive buyers’ of Apple on order cut report weakness
Drexel Hamilton analyst Brian White said he would be an "aggressive buyer" of Apple shares amid the weakness that he attributes to media reports around...
On The Fly: Pre-market Movers
UP AFTER EARNINGS: Verizon (VZ), up 2.9%... Danaher (DHR), up 2.4%... Blackstone (BX), up 1.5%... Quest Diagnostics (DGX), up just under 1%... Limelight Networks (LLNW),...
Qualcomm, LG Electronics to jointly develop next-gen connected car technology
LG Electronics announced that it is teaming up with Qualcomm to jointly develop a range of next-generation connected car solutions. The two companies will also...
Nike downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs analyst Lindsay Drucker Mann downgraded Nike to Neutral with an unchanged price target of $54. The shoemaker closed yesterday up 30c to $52.30....
On The Fly: After Hours Movers
UP AFTER EARNINGS: Limelight Networks (LLNW), up 10%... United Rentals (URI), up 2.1%... Kinder Morgan (KMI), up 1.7%. ALSO HIGHER: Adobe Systems (ADBE), up 8.6%...
On The Fly: Top stock stories for Wednesday
Stocks opened in positive territory, with the Dow significantly outperforming the other major averages due to the strength in IBM (IBM), which jumped following its...
American Express says Squeri to succeed retiring Chenault as CEO
American Express (AXP) said that its board has appointed Stephen Squeri CEO and elected him Chairman of the Board, each effective February 1, 2018. Squeri...