The Latest Breaking News from NYSE

Electric vehicle manufacturer Tesla Inc. (NASDAQ: TSLA) will move up a spot in the Russell 1000 Index following an annual June overhaul that will take place after the close of trading on Friday.

Park Hotels and Resorts Inc (NYSE: PK) traded higher at the open this morning, gaining 1.48%, making up somewhat for a recent, steady downtrend.

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1998, AT&T Inc. (NYSE: T) announced a $31.7-billion buyout of Tele-Communications.

Realty Income Corp (NYSE: O) calls itself “the monthly dividend company” because of its ability to provide just that for investors. Not a quarterly dividend, the way many stocks do it, but an attractive monthly payout.

Chinese tech giants such as Alibaba Group Holding Ltd. (NYSE: BABA), JD.com Inc.

Walmart Inc (NYSE: WMT) developed the capability to switch seamlessly between cloud providers and servers using its own servers and software to deploy one of the most significant so-called hybrid clouds, 

Eton Pharmaceuticals Inc (NASDAQ:ETON) has sold its hospital products to Dr. Reddy's Laboratories SA, a subsidiary of Dr. Reddy's Laboratories Ltd (NYSE:RDY), for $50 million. "The sale of our hospital products allows us to focus our resources on our core rare disease business, which is rapidly growing, and also provides an attractive opportunity to monetize…

Bally's Corp (NYSE:BALY) has launched a modified "Dutch auction" tender offer to purchase its common shares for cash at not less than $19.25/share and not more than $22/share, with a maximum purchase price of $190 million. The tender offer begins today and will end on July 22, 2022. Bally's determined to pursue the…

Global investment firms Permira and Hellman & Friedman LLC agreed to takeover Zendesk, Inc (NYSE:ZEN) in an all-cash transaction that values Zendesk at $10.2 billion. The purchase price of $77.50 per share implies a premium of 34% over Zendesk's closing stock price of $57.95 on June 23. The investor group includes a subsidiary…

US gold futures traded lower on Friday. Investors, meanwhile, focused on some notable insider trades.

CarMax Inc (NYSE:KMX) reported first-quarter FY23 sales growth of 21% year-on-year to $9.31 billion, beating the consensus of $9.12 billion. The company sold 427,257 units through combined retail and wholesale channels, a decrease of 5.5% Y/Y. KMX cited several macroeconomic factors that weighed on Q1 unit sales performance, including the lapping of stimulus…