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The Latest Breaking News from NYSE

Otis Names Anurag Maheshwari As Finance Chief

Otis Worldwide Corp (NYSE:OTIS) has appointed Anurag Maheshwari as Executive Vice President & Chief Financial Officer, effective August 12, 2022. Maheshwari will succeed Rahul Ghai, who has accepted a position outside Otis. Most recently, Maheshwari served as Vice President, Finance, IT, and Chief Transformation Officer in the Otis Asia Pacific region. Before joining…

Benzinga

GSK Shares Encouraging Data From Chronic Hepatitis B Candidate

GSK plc (NYSE:GSK) announced promising interim results from the B-Clear phase 2b trial of bepirovirsen in people with chronic hepatitis B (CHB). The data showed that bepirovirsen reduced hepatitis B surface antigen (HBsAg) levels and hepatitis B virus (HBV) DNA after 24 weeks of treatment. In the group of 227 patients on standard…

Benzinga

A look back on Bruton Smith's life, and his impact on NASCAR

There is little coincidence NASCAR’s rise in popularity in the 1980s and 90s came at the same time Bruton Smith was rattling off some of his biggest accomplishments.

Motorsport

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Cathie Wood's Ark Is Now Completely Out Of This Entertainment Giant's Stock

Cathie Wood-led Ark Investment Management shed its remaining exposure in Walt Disney Co (NYSE: DIS) on Friday, a stock the firm first started buying in May of last year.

Benzinga

Disney Previews Animated Sci-Fi Action Adventure Movie Despite Likelihood Of International Boycotts

Walt Disney Co.'s (NYSE: DIS) upcoming theatrical release will feature a gay teen, leading to speculation over whether that will hurt box office returns.

Benzinga

Tesla's Giga Shanghai Plant To Shut Down, Ford European Manufacturing Plans, Toyota Stumbles Upon Launch: Week's Top News From EV Industry

The return of risk appetite to the market helped electric vehicle stocks rebound in the week ending June 24. Most stocks, barring some second-rung EV manufacturers, posted strong gains. The gains were led by the Chinese trio as they extended their rally amid an inflection in sentiment toward Chinese stocks in…

Benzinga

Are We In A Recession? Google Searches Hitting Record Level For Financial Term

The S&P 500 recently entered market correction territory with a 20% drop from all-time highs. The new debate is if the U.S. could enter a recession in 2022, or to some if we are already in a recession. Searches for the word recession are hitting huge levels, suggesting people are…

Benzinga

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The Companies Paying For Abortion Travel: Tesla, Zillow And Many More

The overturning of Roe v. Wade Friday — and resulting end to a half-century of federal abortion rights in the U.S. — is expected to lead to the procedure becoming illegal or restricted in about half of states.

Benzinga

S&P Global Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on S&P Global (NYSE:SPGI). 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

BHP Group Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on BHP Group (NYSE:BHP). 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

Stocks Rebound From 2022 Lows As Market Digests Fed Chair Powell's Congressional Testimony

The SPDR S&P 500 ETF Trust (NYSE: SPY) bounced back from its recent weakness in a holiday-shortened trading week, with all major indexes trading higher.

Benzinga

Terran Orbital Installs CAPSTONE Aboard Rocket Lab Electron Rocket

Terran Orbital Corp (NYSE:LLAP) revealed the successful integration of the CAPSTONE spacecraft aboard the Rocket Lab USA, Inc (NASDAQ:RKLB) Rocket Lab Electron rocket. Terran Orbital designed and built satellite is flying a pathfinding mission to the moon in support of NASA's Artemis program. LLAP's team produced CAPSTONE's hardware, assembled and tested the spacecraft, and integrated…

Benzinga

Amazon.com To $180? Here's The Biggest Price Target Changes For Friday

Piper Sandler cut Accenture plc (NYSE: ACN) price target from $368 to $305. Accenture shares gained 4.2% to trade at $297.69 on Friday.

Benzinga

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

Benzinga

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Analyst Ratings for Coterra Energy

Analysts have provided the following ratings for Coterra Energy (NYSE:CTRA) within the last quarter:

Benzinga

Here's How Much You Would Have Made Owning American Tower Stock In The Last 10 Years

American Tower (NYSE:AMT) has outperformed the market over the past 10 years by 2.78% on an annualized basis producing an average annual return of 14.08%. Currently, American Tower has a market capitalization of $121.13 billion.

Benzinga

Could PepsiCo Buy Out Celsius Holdings Or Monster Beverage? Why M&A In Energy Drinks Market Is Heating Up

As beverage companies compete to grow their non-carbonated drinks divisions, energy drink companies have often been subject to buyout rumors. A terminated distribution agreement between an energy drink company and a leading beverage company is leading to more merger and acquisition speculation in the industry.

Benzinga

10 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

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Analysts Cut GMS Price Target Post Q4 Results

Raymond James analyst Sam J. Darkatsh lowered the price target for GMS Inc (NYSE:GMS) to $70 (61% upside) from $72 while maintaining the Outperform rating on the shares. The analyst mentions that GMS trades at a double-digit FCF yield; has seen recent insider buying with expanded repo authority; has a "drama-free" balance sheet, and has…

Benzinga

New Bipartisan Bill Would Allow Cannabis Stocks To Access Financial Services And List On NYSE, NASDAQ

Rep. Troy A. Carter (D-LA) and Rep. Guy Reschenthaler (R-PA) presented a new bill Thursday that aims to provide many benefits to the challenging cannabis industry.

Benzinga

A 'Stranger Things' Star Who Hasn't Watched 'Star Wars' May Soon Be Coming To The Franchise

Entertainment giant Walt Disney Co. (NYSE: DIS) is reportedly courting Millie Bobby Brown, who stars in “Stranger Things” on Netflix Inc.

Benzinga

Ad Industry's Biggest Conference Returns With New Winner: Find Out Who

The advertising industry's biggest conference has returned with a new winner Amazon.com, Inc (NASDAQ: AMZN), after a two-year break, Bloomberg reports. Amazon occupied a portion of the beachfront at the annual Cannes Lions show with the "Amazon Port," its most extensive showcasing at the conference yet reflecting its growing significance. Tech companies like Alphabet Inc (NASDAQ:GOOG)…

Benzinga

Expert Ratings for Endeavor Gr Hldgs

Over the past 3 months, 11 analysts have published their opinion on Endeavor Gr Hldgs (NYSE:EDR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

What 9 Analyst Ratings Have To Say About Hess

Analysts have provided the following ratings for Hess (NYSE:HES) within the last quarter:

Benzinga

What 12 Analyst Ratings Have To Say About Continental Resources

Within the last quarter, Continental Resources (NYSE:CLR) has observed the following analyst ratings:

1 … 145 146 147 148

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