2021-01-19 05:45:15 ESVIF Ensign Energy
01/19/21 01/1905:45 01/19/2105:45 | Ensign Energy initiated with a Neutral at CIBCCIBC analyst Jamie Kubik initiated coverage of Ensign Energy with a Neutral rating and C$1.40 price target. The analyst regards the current valuation as relatively full compared to forecasts. | |
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Conference/Events
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Super Micro Computer participates in a conference call with Northland »
16:53 03/06/21 03/0616:53 03/06/2116:53
SMCI
Super Micro Computer
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Conference/Events
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Accuray participates in a conference call with Northland »
16:51 03/06/21 03/0616:51 03/06/2116:51
ARAY
Accuray
Cconference call with… Story temporarily locked. ShowHide Related Items >><<
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Periodicals
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Cisco, Qualcomm offer solid yield, dividend growth, Barron's says »
12:36 03/06/21 03/0612:36 03/06/2112:36
TXN
Texas Instruments
Qualcomm
Cisco
Broadcom
It's hard to find… Story temporarily locked. ShowHide Related Items >><<
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Periodicals
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Vertex underperformance after drug setback a buying opportunity, Barron's says »
12:19 03/06/21 03/0612:19 03/06/2112:19
VRTX
Vertex Pharmaceuticals
For nearly a decade,… For nearly a decade, Vertex Pharmaceuticals could do no wrong but then the biotech company canceled development of a once-promising drug after trial results disappointed and its stock is now down 25% since mid-October, Josh Nathan-Kazis writes in this week's edition of Barron's. The pullback has been overdone, the author contends, adding that there is an opportunity now for investors to get back in. Reference Link ShowHide Related Items >><<
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Periodicals
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Lowe's can win reopening, stock a buy, Barron's says »
12:12 03/06/21 03/0612:12 03/06/2112:12
LOW
Lowe's
Lowe's was a… Story temporarily locked. ShowHide Related Items >><<
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Periodicals
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MyTheresa stock might be cheapest thing it sells, Barron's says »
12:01 03/06/21 03/0612:01 03/06/2112:01
MYTE
Mytheresa
Mytheresa stock -… Mytheresa stock - technically an American depositary share of parent company MYT Netherlands Parent - was recently trading just below its $26 initial-public-offering price after having jumped to $36 shortly after the debut, Nicholas Jasinski writes in this week's edition of Barron's. The stock could recover those losses and more in the coming months, the author contends, noting that while luxury buyer might have been slower to adopt e-commerce, the overall luxury market is growing by about 7% annually. Reference Link ShowHide Related Items >><<
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Initiation
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Cloopen initiated with a Neutral at Goldman Sachs »
09:57 03/06/21 03/0609:57 03/06/2109:57
RAAS
Cloopen
Goldman Sachs analyst… Story temporarily locked. ShowHide Related Items >><<
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Initiation
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Adagene initiated with a Buy at Goldman Sachs »
09:55 03/06/21 03/0609:55 03/06/2109:55
ADAG
Adagene
Goldman Sachs analyst… Goldman Sachs analyst Ziyi Chen initiated coverage of Adagene with a Buy rating and $29 price target, which represents 26% upside. Adagene is a pre-revenue biotech company with a proprietary antibody drug discovery platform, Chen tells investors in a research note. The analyst believes Adagene has the potential to "revolutionize antibody drug discovery" if its dynamic precision library platform is fully validated. Chen sees "multiple value-driving catalysts" in 2021. ShowHide Related Items >><<
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On The Fly
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Charged: GM-backed Cruise said to be in talks to acquire Voyage »
07:31 03/06/21 03/0607:31 03/06/2107:31
TSLA
Tesla
Plug Power
QuantumScape
Fisker
General Motors
Li Auto
Ford
Xpeng
NIO
NextEra Energy
Welcome to The Fly's… ShowHide Related Items >><<
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General news
| Treasury Market Summary:… Treasury Market Summary: nonfarm payrolls bolted 379k higher and the blowout jobs report made for some big swings in the markets before both bonds and stocks settled into gains in late day trading. The markets were volatile but not disorderly and the relative calm was beneficial in general. Treasury yields shot higher with longer dated maturities breaching the February 25 intraday highs to post the cheapest rates in over a year. The wi 10-year rose over 6 bps to test 1.624% before slipping back to 1.57% at the close. The wi 30-year bond was 2 bps lower at 2.305%, and the 2-year was down 0.8 bps to 0.137%. Wall Street was knocked lower again in reaction to the rise in rates, as has been the recent trend. The S&P 500 dropped -1% to hit 3730 before dip buying emerged, supported by a "good news is good news" trade. All of the indexes climbed through the afternoon with the S&P 500 leading the rally, finishing 1.95% firmer at 3841 to boost the index 1% higher to 3823. The Dow rose 1.85% to 31,496. And after lagging much of the session, the NASDAQ closed up 1.55% to 12,920. View the summary. |
Hot Stocks
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Ellington Financial reports estimated book value per share of $18.06 on Feb 28 »
19:00 03/05/21 03/0519:00 03/05/2119:00
EFC
Ellington Financial
The company announced its… The company announced its estimated book value per common share of $18.06 as of February 28. This estimate includes the effect of the previously announced monthly dividend of 10c per common share, payable on March 25 to holders of record on February 26, with an ex-dividend date of February 25. ShowHide Related Items >><<
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Hot Stocks
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Adaptive Biotechnologies says FDA issues EUA for T-Detect COVID »
18:47 03/05/21 03/0518:47 03/05/2118:47
ADPT
Adaptive Biotechnologies
Microsoft
Adaptive Biotechnologies… Adaptive Biotechnologies (ADPT) announced that the U.S. FDA issued an Emergency Use Authorization for T-Detect COVID to confirm recent or prior COVID-19 infection. This first-in-class T cell- based test is the first indication resulting from Adaptive's TCR-Antigen Map collaboration with Microsoft (MSFT). ShowHide Related Items >><<
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Hot Stocks
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Okta CEO: Really excited about the execution of the company »
18:28 03/05/21 03/0518:28 03/05/2118:28
OKTA
Okta
SolarWinds
In an interview on… In an interview on CNBC's Mad Money, Todd McKinnon said Okta's (OKTA) combination with Auth0 gives customers great choice and flexibility. "It's not a small company, it's scaling," he said. "If you look at the SolarWinds (SWI) incident, it's clear that everything in the office must be secure," he added. ShowHide Related Items >><<
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Periodicals
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California to allow theme parks, sports stadiums to reopen soon, L.A. Times says »
18:02 03/05/21 03/0518:02 03/05/2118:02
DIS
Disney
Cedar Fair
SeaWorld
Six Flags
The state of California… The state of California will allow theme parks and sports stadiums in the state to welcome back visitors sooner than expected under new guidance unveiled Friday, the Los Angeles Times' Luke Money and Rong-Gong Lin II report. While the changes don't mean such facilities can operate at full capacity right away, they do reflect the state's growing sentiment that it is now possible to resume certain activities as COVID-19 case rates decline and as the vaccine rollout continues to ramp up, the authors note. Beginning April 1, amusement parks in California will be eligible to reopen with limited capacity in counties that are in the red tier, also known as the second-strictest of the state's four-category reopening roadmap, the authors say. Companies that operate theme parks in California include Disney (DIS), Cedar Fair (FUN), SeaWorld (SEAS), and Six Flags (SIX). Reference Link ShowHide Related Items >><<
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Hot Stocks
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SPDR Gold Shares holdings fall to 1,069.26MT from 1,078.30MT »
17:54 03/05/21 03/0517:54 03/05/2117:54
GLD
SPDR Gold Shares
This is the 3rd… This is the 3rd consecutive decrease in holdings and the lowest level since May 1st, 2020. ShowHide Related Items >><<
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Hot Stocks
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First Solar's Hambro sells 10,000 common shares »
17:50 03/05/21 03/0517:50 03/05/2117:50
FSLR
First Solar
In a regulatory filing,… In a regulatory filing, First Solar director George A. Hambro disclosed the sale of 10,000 common shares of the company on March 3 at a price of $80.67 per share. ShowHide Related Items >><<
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Hot Stocks
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CytoDyn says Phase 3 leronlimab trial demonstrates survival rate improvement »
17:49 03/05/21 03/0517:49 03/05/2117:49
CYDY
CytoDyn
CytoDyn reported the… CytoDyn reported the Phase 3 trial of leronlimab for the treatment of severe-to-critical patients with COVID-19 demonstrated continued safety, substantial improvement in the survival rate, and faster hospital discharge in critically ill COVID-19 patients. The trial's data has been reported to the U.S. Food and Drug Administration, the U.K.'s Medicines & Healthcare product Regulatory Agency and Health Canada, and the company is in discussions with each to determine the best path forward for approval of leronlimab for treatment of COVID-19 in critically ill population. A manuscript of the trial's data is being prepared and will be submitted for publication in one or more major medical journals. Scott A. Kelly, M.D., Chairman and Chief Medical Officer, noted, "We believe this further supports CCR5 as a therapeutic target for immunomodulation and the importance of the disruption of the CCL5-CCR5 axis via leronlimab-mediated CCR5 blockade of pro-inflammatory leukocytes and reversal of the cytokine storm in critical COVID-19 patients." ShowHide Related Items >><<
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Periodicals
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Standard General invigorates push for Tegna board seats, Bloomberg reports »
17:47 03/05/21 03/0517:47 03/05/2117:47
TGNA
Tegna
Standard General LP,… Standard General LP, which owns a 9.2% interest in Tegna, is ramping up its push for board seats at the company a year after investors spurned its call for change as the COVID-19 pandemic took hold, Bloomberg's Scott Deveau reports. Standard General CEO Soo Kim told Bloomberg in an interview that his slate of nominees would bring ample industry experience and diverse points of view to Tegna's board. Kim claims that Tegna has benefited from the firm's activism even without the firm having representation on the board, Deveau notes. Reference Link ShowHide Related Items >><<
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Hot Stocks
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Freeport McMoRan's Ford sells 300,000 common shares »
17:38 03/05/21 03/0517:38 03/05/2117:38
FCX
Freeport McMoRan
In a regulatory filing,… In a regulatory filing, Freeport McMoRan director Gerald J. Ford disclosed the sale of 300,000 common shares of the company on March 4 at a price of $33.2359 per share. ShowHide Related Items >><<
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Periodicals
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Most Senate Dems agree to lower jobless benefits to $300 per week, WSJ says »
17:37 03/05/21 03/0517:37 03/05/2117:37
SPX
S&P 500
SPDR S&P 500 ETF Trust
Most Senate Democrats… Most Senate Democrats agreed to cut weekly federal unemployment benefits to $300 a week from the $400 passed by the House as part of a $1.9T COVID-19 relief bill, the Wall Street Journal's Kristina Peterson, Andrew Duehren, and Richard Rubin report. Most Democratic senators agreed to cut the benefits but extend them through October 4 instead of August 29, the authors say, noting that Democrats also proposed making the first $10,200 of the 2020 benefits nontaxable. Reference Link ShowHide Related Items >><<
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Hot Stocks
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Luokung Technology gets suspension of trading notice from Nasdaq »
17:32 03/05/21 03/0517:32 03/05/2117:32
LKCO
Luokung Technology
Luokung Technology… Luokung Technology announced that the company received a notice from Nasdaq informing the Company that as a result of the company being placed by the U.S. Department of Defense list of "Communist Chinese Military Companies" operating directly or indirectly in the United States, which are subject to certain restrictions under Executive Order 13959, that trading of the company's ordinary shares will be suspended at the opening of business on March 15, 2021. Nasdaq will file a Form 25-NSE with the SEC, which will remove the company's securities from listing and registration on The Nasdaq Stock Market. The company plans to appeal the Nasdaq Staff's determination to a Hearings Panel. ShowHide Related Items >><<
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Syndicate
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Passage Bio files to sell $125M of common stock »
17:25 03/05/21 03/0517:25 03/05/2117:25
PASG
Passage Bio
Cowen and Company is… Cowen and Company is managing the offering. ShowHide Related Items >><<
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Syndicate
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Coursera files registration statement for initial public offering »
17:25 03/05/21 03/0517:25 03/05/2117:25
COUR
Coursera
Coursera announced that… Coursera announced that it has publicly filed a registration statement on Form S-1 with the SEC relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Coursera has applied to list its common stock on the New York Stock Exchange under the ticker symbol "COUR". Morgan Stanley and Goldman Sachs will act as lead book-running managers for the proposed offering. Citigroup and UBS Investment Bank will act as additional bookrunners, and KeyBanc Capital Markets, Raymond James, Stifel, Truist Securities, William Blair, D.A. Davidson & Co., Needham & Company, Loop Capital Markets, and Telsey Advisory Group will act as co-managers for the proposed offering. |
Syndicate
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Passage Bio files automatic mixed securities shelf
17:24 03/05/21 03/0517:24 03/05/2117:24
PASG
Passage Bio
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Conference/Events
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Washington Trust management to meet virtually with Compass Point »
17:23 03/05/21 03/0517:23 03/05/2117:23
WASH
Washington Trust
Virtual Meeting to be… Virtual Meeting to be held on March 9 hosted by Compass Point. ShowHide Related Items >><<
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