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The Latest Breaking News from NYSE

Spotify Shares Jump On Analyst Upgrade, Drawing Parallels With Netflix

Raymond James analyst Andrew Marok upgraded Spotify Technology S.A. (NYSE:SPOT) to Outperform from Market Perform with a $150 price target. The stock has traded off significantly from all-time highs in early 2021 due to slower than expected scaling of the company's podcasting business and, most recently, soft margin guidance. Marok saw the bad news as…

Benzinga

Walmart Maintains Momentum With 'Buy' Rating From BofA

Walmart Inc. (NYSE: WMT) has strong sales momentum and its focus on managing costs could boost results in fiscal 2023, according to BofA Securities. The Walmart Analyst: Robert Ohmes maintained a Buy rating for Walmart, while keeping the price target unchanged at $160.

Benzinga

Dick's Sporting Goods: Dividend Insights

Wednesday marks the last chance for investors to receive the next dividend payout from Dick's Sporting Goods (NYSE:DKS).

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Sealed Air: Dividend Insights

Wednesday marks the last chance for investors to receive the next dividend payout from Sealed Air (NYSE:SEE).

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Big Lots: Dividend Insights

Wednesday marks the last chance for investors to receive the next dividend payout from Big Lots (NYSE:BIG).

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Hanover Insurance Gr's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Wednesday marks the last chance for investors to receive the next dividend payout from Hanover Insurance Gr (NYSE:THG).

Benzinga

This Is What Whales Are Betting On Alibaba Group Holding

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 37 strange trades.

Benzinga

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Analyst Ratings for ResMed

Analysts have provided the following ratings for ResMed (NYSE:RMD) within the last quarter:

Benzinga

Emergent Bio Says Johnson & Johnson Breached COVID-19 Vaccine Contract

Emergent BioSolutions Inc (NYSE: EBS) said Johnson & Johnson (NYSE: JNJ) had breached an agreement by failing to buy the company's minimum quantity of COVID-19 vaccines.

Benzinga

What 4 Analyst Ratings Have To Say About Duckhorn Portfolio

Analysts have provided the following ratings for Duckhorn Portfolio (NYSE:NAPA) within the last quarter:

Benzinga

Becton Dickinson Buying Parata Systems - Read Why

Becton Dickinson and Co (NYSE:BDX) will acquire Parata Systems from Frazier Healthcare Partners for $1.525 billion. Parata offers a portfolio of pharmacy automation solutions to reduce costs, enhance patient safety and improve the patient experience. Significant macro trends such as clinician shortages, wage inflation, centralization of pharmacy services, and increased clinical demands…

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 6, 2022

Upgrades

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Elon Musk Sends Letter To Twitter: Here's Why The Social Media Stock Is Sliding

Twitter Inc (NYSE: TWTR) shares are trading lower Monday after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk indicated that the social media company breached obligations under the merger agreement

Benzinga

Paragon 28's Return On Capital Employed Insights

Benzinga Pro data, Paragon 28 (NYSE:FNA) reported Q1 sales of $41.37 million. Earnings fell to a loss of $9.24 million, resulting in a 49.57% decrease from last quarter.

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Arcus Biosciences Earnings Perspective: Return On Capital Employed

Benzinga Pro data, Arcus Biosciences (NYSE:RCUS) reported Q1 sales of $18.00 million. Earnings fell to a loss of $67.99 million, resulting in a 124.34% decrease from last quarter.

Benzinga

Broadmark Realty Capital's Return On Capital Employed Overview

Pulled from Benzinga Pro data, Broadmark Realty Capital (NYSE:BRMK) posted Q1 earnings of $18.07 million, an increase from Q4 of 18.48%. Sales dropped to $29.87 million, a 4.56% decrease between quarters.

Benzinga

Thomas Gayner Purchases 5,000 Shares of Cable One (CABO) For Markel

One of the patterns we like to see with insider buying is a long-serving Director of the company purchasing shares opportunistically. If that Director also happens to have an investing background, we like it even better. The cherry on the top is the company also buying back stock on the…

Benzinga

These 3 Stock Are Joining the S&P 500 In June

This week, the S&P 500 will get three brand new members as part of the index's regular rebalancing.

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Why JinkoSolar Shares Are Rising Today

JinkoSolar Holding Co (NYSE:JKR) shares are trading higher Monday amid a report that President Biden will issue a proclamation allowing the import of solar panels from four Southeast Asian countries without tariffs for 24 months.

Benzinga

Why Nio Stock Could Soar 50% Higher If This Trend Continues

Nio, Inc (NYSE: NIO) was trading over 5% higher on Monday, driven in part by overall market momentum as the S&P 500 Index was up by about 1%.

Benzinga

Short Volatility Alert: EnLink Midstream, LLC

On Friday, shares of EnLink Midstream, LLC (NYSE: ENLC) experienced volatile short activity. After the activity, the stock price went down -0.09% to $11.39. The overall sentiment for ENLC has been Bullish.

Benzinga

Short Volatility Alert: Aegon N.V.

On Friday, shares of Aegon N.V. (NYSE: AEG) experienced volatile short activity. After the activity, the stock price went up +0.38% to $5.24. The overall sentiment for AEG has been Neutral.

Benzinga

Short Volatility Alert: Banco Santander-Chile

On Friday, shares of Banco Santander-Chile (NYSE: BSAC) experienced volatile short activity. After the activity, the stock price went down -0.74% to $20.19. The overall sentiment for BSAC has been Bullish.

Benzinga

Why Aspen Aerogels Shares Are Surging Today

Aspen Aerogels Inc (NYSE:ASPN) stated that the increased visibility to expected order volume for 2022 from General Motors Co (NYSE:GM) and Toyota Motors Corp (NYSE:TM) is driving an updated outlook in thermal barrier revenues from $18 million to a range of $52 million - $62 million, a potential threefold increase in demand versus original expectations. FY22 Outlook,…

Benzinga

Why Alibaba Stock Is Surging Today

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Monday as Chinese regulators prepare to complete their investigation of ride hailing company DiDi Global Inc (NYSE: DIDI) with a seemingly posi

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