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The Latest Breaking News from NYSE

Revlon Inc (NYSE: REV) shares continue to surge Wednesday on abnormally-high volume amid increased retail investor interest following the company's Chapt

Benzinga

Stock Wars: BJ's Vs. Costco

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

Telsey Advisory Cuts Nike Price Target - Read Why

Telsey Advisory Group analyst Cristina Fernández has lowered the price target on Nike Inc (NYSE:NKE) to $140 (32% upside) from $170 and kept Outperform rating on the shares. The analyst cited near-term risks, including the impact of strict COVID lockdowns in China, demand decline in wholesale channel, given lowered expectations for 2H22 by key partners…

Benzinga

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Dow Jumps 150 Points; Ocean Bio-Chem Shares Spike Higher

U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining around 150 points on Wednesday.

Benzinga

What It Means For US Stocks To Be In A Bear Market

Wall Street has officially fallen into a bear market as investor sentiment is hammered by soaring inflation, rising interest rates and worries about a looming recession in the world’s largest economy.

Benzinga

This Wedbush Analyst Talks AMC, Netflix And Other Stock Ideas In Hard-Hit Entertainment Sector

We're over two years into the coronavirus pandemic, and consumer behavior is still adjusting and the ramifications are still playing out in the financial markets.

Benzinga

Why Bitcoin- And Ethereum-Related Stock SOS Limited Is Nosediving 20% Today

SOS Limited (NYSE: SOS) shares are trading lower by 20.58% to $0.24 after the company announced an ADS ratio change from 1 ADS representing 10 ordinary shares to 1 ADS representing 500 ordinary shares.

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ZhongAn Moves Further Out of Parental Shadow as Tencent Cuts Stake

Key takeaways: • Tencent reduced its stake in ZhongAn to about 8% from 10%, less than six months after Alibaba-affiliated Ant Group also cut its stake in the online insurer • ZhongAn’s net profit more than doubled last year, as reliance on its parents for business has decreased

Benzinga

Triton Looks For New CFO As John Burns Intends To Retire

Triton International Ltd (NYSE:TRTN) Senior Vice President and Chief Financial Officer John Burns has decided to retire at the end of 2022, after more than 25 years with the company. Burns will remain in his role until a successor is in place. Following his retirement, Burns will serve in an advisory role to…

Benzinga

Why Shares Of La-Z-Boy Are Trading Higher Today

La-Z-Boy Inc. (NYSE: LZB) shares are trading higher after the company reported better-than-expected fourth quarter EPS and sales results. The company also issued 2023 first quarter sales guidance.

Benzinga

As Exxon, Chevron Continue To Plunge, Here's A Look At The Direxion Energy Bull 2X Shares ETF Chart

Direxion Energy Bull 2X Shares (NYSE: ERX) gapped down 10.42% to start the trading day on Wednesday. The ETF was erasing some of its losses in the afternoon, trading about 8% lower.

Benzinga

Kellogg And 2 Other Stocks Insiders Are Selling

US crude oil futures traded lower on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Here's How Alibaba Is Reaping Benefits Of Overseas Infra Investments As Domestic Crackdowns Continue To Pinch

Alibaba Group Holding Limited (NYSE: BABA), through its Pakistan e-commerce subsidiary Daraz, expanded its reach across Bangladesh, Sri Lanka, Nepal, and Myanmar, becoming South Asia's largest e-commerce company outside India,

Benzinga

Insiders Buy Around $89M Of 2 Stocks

Although the US stocks closed higher on Tuesday, there were a few notable insider trades.

Benzinga

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Canadian National Railway Reveals Investments In Ontario & Alberta

Canadian National Railway Co (NYSE:CNI) plans to invest ~C$430 million in Ontario and ~C$365 million in Alberta in 2022. The plan includes investments in technology, capacity, rolling stock units, company-wide decarbonization initiatives, and network improvements. The investments will power sustainable growth and ensure the safe movement of goods. "We are building the premier railroad…

Benzinga

Check Out What Whales Are Doing With HSBC

Someone with a lot of money to spend has taken a bearish stance on HSBC Holdings (NYSE:HSBC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Harsco JV Bags Multi-Year Service Contract From Kardemir Steel

Tosyali Harsco, a joint venture between Harsco Corp (NYSE:HSC) Harsco Envıronmental and Tosyalı Holding, has entered into a new multi-year services contract with Kardemir Steel. Kardemir is a family-owned steel mill in İzmir, Turkey, producing long products and profiles at three separate facilities. Kardemir is a new customer for Tosyali Harsco and a…

Benzinga

Adyen, McDonald's Extend Mobile App Partnership To US

McDonald's Corp (NYSE:MCD) has expanded its mobile app partnership with financial technology platform Adyen (OTC:ADYEY) to the U.S. The two companies began working together in early 2020 in the U.K. and are now expanding to other global markets. Adyen enables customers to pay with their saved payment method on the McDonald's mobile app at the…

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Benzinga

U.S. Stocks Turn Higher; Athira Pharma Shares Plummet

U.S. stocks turned higher midway through trading, with the Nasdaq Composite gaining around 30 points on Wednesday.

Benzinga

Oil Stocks Drop As Biden Pushes For Gas Tax Holiday

Oil stocks were on the move Wednesday as crude oil prices pulled back from recent highs and U.S. President Joe Biden said he will push for a suspension of the federal gasoline tax.

Benzinga

Why Palantir Looks Set To Outpace The General Markets

Palantir Technologies Inc (NYSE: PLTR) was shooting up almost 6% on Wednesday after opening slightly lower. The stock was moving in tandem with the general markets, which saw the S&P 500 rising about 0.6%.

Benzinga

40 Stocks Moving In Wednesday's Mid-Day Session

Gainers Ocean Bio-Chem, Inc. (NASDAQ: OBCI) shares jumped 116.6% to $12.82 after the company announced it will be acquired by OneWater Marine for $13.08 per share in cash.

Benzinga

Expert Ratings for Waste Management

Analysts have provided the following ratings for Waste Management (NYSE:WM) within the last quarter:

Benzinga

4 Analysts Have This to Say About Clearwater Analytics Hldg

Within the last quarter, Clearwater Analytics Hldg (NYSE:CWAN) has observed the following analyst ratings:

Benzinga

Looking At Goldman Sachs Group's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on Goldman Sachs Group. Looking at options history for Goldman Sachs Group (NYSE:GS) we detected 22 strange trades.

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