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Shutterfly Inc NASDAQ/NGS:SFLYView full report here! Summary * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderate for SFLY with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 13. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SFLY had net inflows of $1.49 billion over the last one-month. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK , June 14, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
How do we determine whether Shutterfly, Inc. (NASDAQ:SFLY) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows that […]
WeissLaw is investigating whether SFLY's Board acted to maximize shareholder value prior to entering into the agreement. Notably, at least one analyst set a target price of $57.00 per SFLY share, or approximately 11% more than the per share consideration.
WILMINGTON, Del., June 13, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Shutterfly, Inc. (NASDAQ GS: SFLY) regarding possible breaches of fiduciary.
NEW YORK, June 12, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
NEW YORK, June 11, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Shutterfly, Inc. (NASDAQ: SFLY) on behalf of.
Moody's Investors Service ("Moody's") said Shutterfly, Inc.'s Ba3 Corporate Family Rating (CFR), existing debt ratings and negative outlook are not immediately impacted by Monday's announcement that the company has entered into a definitive agreement to be acquired by funds managed by affiliates of private equity firm Apollo Global Management, LLC. For further information, please visit www.moodys.com. Headquartered in Redwood City, CA, Shutterfly, Inc. is a leading online manufacturer and retailer of personalized consumer photo products and services through premium brands. This publication does not announce a credit rating action.
The leading online provider of photofinishing products finally names a buyer, and it's not a pretty picture for investors who were holding out for more.
NEW YORK, June 11, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Shutterfly, Inc. (“Shutterfly” or.
NEW YORK , June 11, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Shutterfly, Inc. (NASDAQ: SFLY) and its board of directors for breach of fiduciary duty concerning the ...
WILMINGTON, Del., June 11, 2019 -- Rigrodsky & Long, P.A.: Do you own shares of Shutterfly, Inc. (NASDAQ GS: SFLY)? Did you purchase any of your shares prior to June 10,.
NEW YORK, June 11, 2019 -- Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Shutterfly, Inc. (“Shutterfly” or the “Company”) (NASDAQ:.
U.S. stocks benchmarks Tuesday morning opened firmly higher, adding to a multisession run that has been partially supported on the day by reports of China planning fresh stimulus to spur its economy. The Dow Jones Industrial Average rose 176 points, or 0.7%, at 26,240, set for its seventh consecutive gain. Meanwhile, the S&P 500 index advanced 0.9% at 2,911, while the Nasdaq Composite Index climbed 1.1% at 7,909. Both the S&P 500 and Nasdaq are set for their sixth straight gain. The market has been rebounding as investors have hoped for easing of trade tensions between the U.S. and China and the Federal Reserve has signaled at least a willingness to consider easing monetary policy to help to sustain economic expansion. A decision by the Trump administration to halt tariffs on Mexico which had been planned for Monday also helped drive equity markets higher to start the week. On the economic front, the producer-price index, advanced a seasonally adjusted 0.1% in May from a month earlier, according to Labor Department. In corporate news, shares of Shutterfly Inc. were gaining, after reports that Apollo Global Management LLC would acquire the photo-sharing company.
Our call of the day, from Saxo Bank’s head of commodity strategy Ole Hansen, cautions investors against getting too excited over this haven asset again too soon.
Shutterfly, Inc. (NASDAQ: SFLY ) confirmed Monday it reached an agreement to sell itself to an affiliate of Apollo Global Management for $51 per share in cash. The deal represents a premium of 31 percent ...
U.S. stock futures rose on Tuesday, pointing to a sixth straight day of gains for Wall Street, despite Donald Trump saying he was ready to levy additional tariffs on China if a trade deal wasn't reached at the G-20 summit later this month. The president told CNBC on Monday that he would raise tariffs on China if his Chinese counterpart, President Xi Jinping, didn't attend the G-20 meeting. China, for its part, said it would respond firmly if the United States insists on escalating trade tensions.
Shutterfly will be bought for $51 a share in cash, a premium of about 1.5% to Shutterfly's closing price on Monday of $50.25. The stock was down 2.2% to $50.04 in premarket trading Tuesday. "Earlier this year, Shutterfly announced the formation of a strategic review committee to continue the board of directors' ongoing review of strategic alternatives for the company," said William Lansing, Shutterfly's chairman.
Private equity firm Apollo Global Management LLC is nearing deals to buy digital imaging companies Shutterfly Inc. and Snapfish.
Private equity giant Apollo Global Management is buying Redwood City-based digital imaging company Shutterfly Inc. for $2.7 billion in cash and taking it private. The company also announced a new CEO and president, Ryan O’Hara, who most recently served as CEO of Realtor.com owner Move Inc. Apollo is offering $51 per share for Shutterfly, a 1.5 percent premium over the company's closing price on Monday, but up 31 percent compared to late April, when media reports first started to surface that Shutterfly could change hands to a buyer like Apollo. O'Hara will assume the chief executive role on June 24.
The deal values the online retailer at about $1.74 billion, based on the company’s outstanding shares at the end of March. Apollo will also assume Shutterfly’s more than $1 billion in debt. The buyout firm plans to merge Shutterfly with rival Snapfish LLC, whose owners will become minority shareholders in the combined business, Apollo said.
Private Equity firm Apollo Global is buying online photo publishing company Shutterfly and Snapfish, a $1.74 billion deal, with plans to combine the two companies. Yahoo Finance's Dan Roberts, Myles Udland, and Melody Hahm discuss.