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The Latest Breaking News from NYSE

California's Lithium Tax Could Upset GM, Stellantis' EV Ambitions

A proposed flat-rate tax on lithium produced in California's Salton Sea region will shelve the electric vehicle battery metal deliveries to General Motors Company (NYSE: GM) and Stellantis N.V. (NYSE:

Benzinga

Ben & Jerry's Disagrees With Unilever Divesting Brand To Israel Local Licensee: FT

Yesterday Unilever plc (NYSE:UL) sold its Ben & Jerry’s business in Israel to Avi Zinger, the current Israel-based licensee. Under the terms of Unilever’s acquisition agreement of Ben & Jerry’s in 2000, Ben & Jerry’s was granted rights to make decisions about its social mission. Still, Unilever reserved primary responsibility for financial and operational…

Benzinga

Stride Appoints Donna Blackman As Finance Chief

Stride Inc (NYSE:LRN) has appointed Donna Blackman as its new Chief Financial Officer, effective July 1, 2022. She will succeed Timothy Medina, who is retiring. Blackman has served as Stride's Chief Accounting Officer and Treasurer for the past two years. Before joining Stride in 2020, Blackman served as the Senior Vice President of…

Benzinga

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Novartis Resumes Production, Delivery Of Radioligand Therapy Medicines

Novartis AG (NYSE:NVS) said that in early June, it restarted radioligand therapy (RLT) production at its sites in Ivrea, Italy, and Millburn, New Jersey. It also resumed delivering doses to patients in a phased approach, ahead of the expected six-week timeframe. The company has remediated the issues that led to a temporary, voluntary suspension…

Benzinga

Aspen Aerogels And 28 Stocks Moving Premarket

Gainers

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US Stock Futures Down Ahead Of Jobless Claims Data

Pre-open movers

Benzinga

This Healthcare Stock Surges Around 115%, Here's 74 Biggest Movers From Yesterday

Gainers Allena Pharmaceuticals, Inc. (NASDAQ: ALNA) shares surged 114.3% to close at $0.2550 on Wednesday after the company announced it has terminated its previously announced at-the-market offering.

Benzinga

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Cathie Wood Loads Up Another $459,520 In Bitcoin-Linked Stock On The Dip

Cathie Wood-led Ark Investment Management bought 7,198 shares in Block Inc (NYSE: SQ) on Wednesday, estimated to be worth $459,520.

Benzinga

Alibaba Falls 1%, Nio Gains 4%: What's Weighing On Hong Kong Stocks Today

Shares of major U.S.-listed Chinese companies were trading mixed in Hong Kong on Thursday, as major tech stocks like Alibaba Group Holdings (NYSE: BABA) and Tencent Holdings (OTC: TCEHY) slipped, while Baidu In

Benzinga

Spirit Airlines Defers Key Shareholder Vote On Frontier Deal Again

Spirit Airlines Inc (NYSE: SAVE) on Wednesday postponed a key shareholder vote on a proposed deal with Frontier Group Holding Inc (NASDAQ: ULCC) until next week.

Benzinga

What 5 Analyst Ratings Have To Say About Chegg

Chegg (NYSE:CHGG) has observed the following analyst ratings within the last quarter:

Benzinga

$100 Invested In This Stock 10 Years Ago Would Be Worth $600 Today

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 10 years by 9.63% on an annualized basis producing an average annual return of 20.35%. Currently, Lowe's Companies has a market capitalization of $112.47 billion.

Benzinga

What Are Whales Doing With Taiwan Semiconductor

A whale with a lot of money to spend has taken a noticeably bearish stance on Taiwan Semiconductor. Looking at options history for Taiwan Semiconductor (NYSE:TSM) we detected 15 strange trades.

Benzinga

Expert Ratings for Sunnova Energy Intl

Analysts have provided the following ratings for Sunnova Energy Intl (NYSE:NOVA) within the last quarter:

Benzinga

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Benzinga

What 11 Analyst Ratings Have To Say About Illinois Tool Works

Within the last quarter, Illinois Tool Works (NYSE:ITW) has observed the following analyst ratings:

Benzinga

Famed Tesla Bear Michael Burry Takes Aim At Target: Here's Why He Thinks The Retail Giant Is In Trouble

Famed “Big Short” Investor Michael Burry is taking aim at Target Corporation (NYSE: TGT).

Benzinga

REIT's Wednesday At The Close: Medical Properties Up, Host Hotels Down

Real estate investment trusts traded generally lower Wednesday with the benchmark Real Estate Select Sector SPDR Fund (NYSEArca: XLRE) giving back 0.63%:

Benzinga

Why This Restaurant Analyst Is Bullish On Chipotle Mexican Grill, Sidelined On Starbucks

Many Wall Street analysts fear a recession and its impact on the companies in its sector. Nick Setyan, managing director at Wedbush Securities covering the restaurant sector, does not. He explained his stance on PreMaret Prep Plus on Wednesday and shared a few picks and a pan.

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Benzinga

McDonald's To $278? Analysts Just Raised Their Price Targets On These 5 Stocks

Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession.

Benzinga

Nio Analyst Dismisses Short Seller Allegations: Why They're Bullish On Chinese EV Stock

Shares of Chinese electric vehicle maker Nio Inc - ADR (NYSE: NIO) were falling Wednesday following a new report by short seller Grizzly Research.

Benzinga

General Dynamics Secures $600M In US Navy Contract Modifications

General Dynamics Corp (NYSE:GD) subsidiary General Dynamics NASSCO has secured $600 million in U.S. Navy contract modifications for long-lead-time material for three ships. This contract will support the construction of the seventh and eighth ships in the John Lewis-class fleet oiler (T-AO) program and the sixth ship in the Expeditionary Sea Base (ESB)…

Benzinga

Jacobs JV Wins Contract To Plan Norway Nuclear Decommissioning Program

Jacobs Engineering Group Inc's (NYSE:J) joint venture with Multiconsult Norge AS has been selected by Norsk Nukleær Dekommisjonering (NND) to plan the decommissioning of Norway's nuclear facilities. In competitive bidding, the Jacobs/Multiconsult JV was ranked first and will have the first option to carry out work. The value of the six-year multi-award…

Benzinga

This Analyst Believes Seagen Is Evaluating Strategic Alternatives

Raymond James initiated coverage on Seagen Inc (NASDAQ:SGEN) at Outperform with a $220 target price. Citing the recent departure of the long-time Seagen CEO, Raymond James thinks that the Board of Directors is likely evaluating strategic alternatives for the company. The relationship with Merck & Company, Inc. (NYSE:MRK) has been long-standing. With Keytruda losing its patent…

Benzinga

Here's Why Needham Continues To See 105% Upside To Avalara Post Its Analyst Day

Needham analyst Scott Berg attended Avalara, Inc's (NYSE: AVLR) virtual analyst day, in which the company highlighted new products and provided intermediate-term financial targets that beat expectations.

Benzinga

Institutions Just Traded Millions Worth Of Amazon, Verizon Stocks On Dark Pools: What Does It Mean?

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