2020-12-07 05:05:21 XOM Exxon Mobil
12/07/20 12/0705:05 12/07/2005:05 | New activist Engine No. 1 plans letter to Exxon board, WSJ reportsEngine No. 1, an activist investment firm launched by Chris James last week, is preparing to send a letter to Exxon Mobil's (XOM) board urging the company to focus more on investments in clean energy while cutting costs elsewhere to preserve its dividend, Cara Lombardo and David Benoit of Wall Street Journal report, citing a copy of the letter. The letter identifies four people the firm plans to nominate to Exxon's 10-person board, Lombardo and Benoit add. Engine No. 1 has the support of California State Teachers' Retirement System and expects other shareholders to be sympathetic to the cause, sources told the Journal. Engine No. 1 has about a $40M stake in Exxon, Lombardo and Benoit report. Reference Link |
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Earnings
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Regions Financial reports Q1 EPS 37c with items, consensus 45c »
06:01
04/19/24
04/19
06:01
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RF
Regions Financial
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PowerSchool selloff brings attractive buying opportunity, says Jefferies »
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PWSC
PowerSchool
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Netflix 2024 revenue outlook weighing on shares, says JPMorgan »
05:55
04/19/24
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05:55
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NFLX
Netflix
JPMorgan says… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
Conference/Events
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Progress Software management to meet with Oppenheimer »
05:55
04/19/24
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05:55
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PRGS
Progress Software
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Initiation
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Deluxe initiated with bullish view at Northcoast, here's why »
05:53
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05:53
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DLX
Deluxe
Northcoast analyst Kartik… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
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Netflix's reduced disclosures may disappoint investors, says Citi »
05:51
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05:51
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NFLX
Netflix
Citi says NFLX reported… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
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CarGurus placed on 'Positive Catalyst Watch' at JPMorgan »
05:49
04/19/24
04/19
05:49
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CARG
CarGurus
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Synovus price target lowered by $2 at JPMorgan, here's why »
05:47
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05:47
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SNV
Synovus
JPMorgan analyst Steven… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
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Coca-Cola price target lowered by $1 at JPMorgan, here's why »
05:46
04/19/24
04/19
05:46
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KO
Coca-Cola
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Periodicals
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Amazon discontinues Snowmobile service, CNBC reports »
05:45
04/19/24
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05:45
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AMZN
Amazon.com
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Equifax price target lowered by $17 at JPMorgan, here's why »
05:44
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EFX
Equifax
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Periodicals
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LexisNexis sued over use of data to sell subscriptions, Bloomberg Law says »
05:43
04/19/24
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05:43
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RELX
Relx
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ManpowerGroup price target raised by $2 at JPMorgan, here's why »
05:42
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05:42
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MAN
ManpowerGroup
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Blackstone price target lowered by $5 at JPMorgan, here's why »
05:40
04/19/24
04/19
05:40
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BX
Blackstone
JPMorgan lowered the… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
Periodicals
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Apple to spend over $250M to expand Singapore hub, WSJ reports »
05:39
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05:39
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AAPL
Apple
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Netflix price target raised by $110 at Bernstein, here's why »
05:36
04/19/24
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05:36
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NFLX
Netflix
Bernstein raised the… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
Downgrade
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Wells Fargo reduces residential solar exposure, downgrades Sunnova »
05:34
04/19/24
04/19
05:34
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NOVA
Sunnova Energy
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Upgrade
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Wells Fargo upgrades First Solar on more defensive solar stance »
05:32
04/19/24
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05:32
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FSLR
First Solar
Sunnova Energy
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Canaccord downgrades Netflix to Hold on limited growth catalysts »
05:26
04/19/24
04/19
05:26
04/19/2405:26
NFLX
Netflix
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Wintrust Financial price target lowered by $5 at Barclays, here's why »
05:23
04/19/24
04/19
05:23
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WTFC
Wintrust Financial
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TSMC price target raised by $5 at Barclays, here's why »
05:23
04/19/24
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05:23
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TSM
TSMC
Barclays raised the… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
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Synovus price target lowered by $3 at Barclays, here's why »
05:22
04/19/24
04/19
05:22
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SNV
Synovus
Barclays lowered the… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
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Rivian Automotive price target lowered by $2 at Barclays, here's why »
05:21
04/19/24
04/19
05:21
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RIVN
Rivian Automotive
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Liberty Energy price target raised by $2 at Barclays, here's why »
05:20
04/19/24
04/19
05:20
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LBRT
Liberty Energy
Barclays raised the… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |
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First Solar price target raised by $3 at Barclays, here's why »
05:19
04/19/24
04/19
05:19
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FSLR
First Solar
Barclays raised the… Available to The Fly Members Only Breaking content available to members only. Sign up or login for access. Create FREE Account |