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The Latest Breaking News from NYSE

FedEx Q4 Earnings Highlights: Revenue Miss, EPS In-Line, 2023 Guidance, Share Buyback And More

Shipping and logistics company FedEx Corp (NYSE: FDX) reported fourth-quarter and full-year earnings after the market close Thursday. Here are the key highlights.

Benzinga

Citi Sees Gross Margin Expansion Ahead For Spotify

Citi analyst Jason B. Bazinet noted that Spotify Technology S.A. (NYSE: SPOT) has been building a broader audio platform that spans both Music and Podcasts for several years. He noted that these investments have not helped or hurt gross margins.

Benzinga

Disney Moving Forward With New 'Planet Of The Apes' Trilogy

The apes are coming back — and not the AMC Entertainment Holdings Inc (NYSE: AMC) or GameStop Corp. (NYSE: GME) variety, but the cinematic simians of a not-so-distant future with an eye on world conquest.

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Johnson Controls Acquires Tempered Networks; Partners With Accenture On Innovation Centers

Accenture Plc (NYSE:ACN) and Johnson Controls International Plc (NYSE:JCI) collaborate to deliver and operate two new OpenBlue Innovation Centers. The centers will drive Johnson Controls' rollout of building control system products and services using technologies such as artificial intelligence (AI), digital twins, the internet of things (IoT), 5G, and the cloud. The focus will be…

Benzinga

Suncor Energy Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Suncor Energy. Looking at options history for Suncor Energy (NYSE:SU) we detected 13 strange trades.

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Why Bitcoin- And Ethereum-Related Stock SOS Limited Is Down Again Today

SOS Limited (NYSE: SOS) shares are trading lower again during Thursday's trading session by 3.36% to $0.21 after the company Wednesday morning announced an ADS ratio change from 1 ADS representing 10 ordinary shares to 1 ADS representing 500 ordinary shares.

Benzinga

What's Going On With Weber Stock Today?

Weber Inc (NYSE: WEBR) shares are surging on abnormally-high volume Thursday amid increased retail investor interest.

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How FedEx Stock Looks Heading Into The Q4 Earnings Print

FedEx Corporation (NYSE: FDX) opened slightly higher on Thursday but bumped into the 200-day simple moving average (SMA), rejected the area as resistance and began to fall lower.

Benzinga

Wheels Up Taps GE Executive Todd Smith As Finance Chief

Wheels Up Experience Inc (NYSE:UP) has hired Todd Smith as its new Chief Financial Officer, effective June 30, 2022. Smith most recently served as Global Head of Financial Planning and Analysis and CFO for GE Corporate. He served in several senior global Finance roles at General Electric Co (NYSE:GE) over his 25-year career. At…

Benzinga

Where Travelers Companies Stands With Analysts

Analysts have provided the following ratings for Travelers Companies (NYSE:TRV) within the last quarter:

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Analyst Ratings for Boston Properties

Within the last quarter, Boston Properties (NYSE:BXP) has observed the following analyst ratings:

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Expert Ratings for Atmos Energy

Atmos Energy (NYSE:ATO) has observed the following analyst ratings within the last quarter:

Benzinga

Expert Ratings for Southwest Airlines

Analysts have provided the following ratings for Southwest Airlines (NYSE:LUV) within the last quarter:

Benzinga

Nasdaq Jumps Over 100 Points; Applied Therapeutics Shares Plummet

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Thursday.

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What Are Whales Doing With Petrobras Brasileiro

Someone with a lot of money to spend has taken a bearish stance on Petrobras Brasileiro (NYSE:PBR). 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

Analyst Ratings for CMS Energy

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

Benzinga

Merck & Co Whale Trades For June 23

Someone with a lot of money to spend has taken a bearish stance on Merck & Co (NYSE:MRK). 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

Novartis Announces $250M In R&D Funding For Neglected Tropical Diseases, Malaria

Novartis AG (NYSE:NVS) is pledging $250 million into R&D for new treatments of neglected tropical diseases (NTD) and malaria, with an aim to eliminate these diseases. "Over the past decade, great progress has been made against NTDs, but there is still a lot more work to be done," CEO Vas Narasimhan said. Novartis…

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Benzinga

FDA Gives Approval For Novartis' Tafinlar + Mekinist Broadens BRAF/MEK Cancer Combo Use

The FDA granted accelerated approval to Novartis AG's (NYSE:NVS) pairing of Tafinlar and Mekinist for any advanced solid tumors with the BRAF V600E mutation. The patient must have progressed following prior therapy and have no alternative treatment options. The combo is already approved for BRAF mutated non-small cell lung cancer, melanoma, and thyroid cancer.…

Benzinga

Raymond James Cuts United Airlines Price Target By ~23%

Raymond James analyst Savanthi Syth lowered the price target for United Airlines Holdings Inc (NYSE:UAL) to $48 (an upside of 35%) from $62 while maintaining the Outperform rating on the shares. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned…

Benzinga

Cristiano Ronaldo Announces Exclusive NFT Deal With Binance: Here Are The Details

One of the greatest football (soccer) players of all time has signed an exclusive non-fungible token partnership with a leading cryptocurrency platform.

Benzinga

Toyota Recalls EVs Over Faulty Wheels: WSJ

Toyota Motor Corp (NYSE:TM) recalls 2,700 of its first mass-produced electric vehicles (EVs) on tire safety risks, the Wall Street Journal reported. The auto giant would recall its all-electric 2023 bZ4X SUV after finding fault with bolts that connect the wheels with the vehicle. Related: Toyota Debuts bZ4X SUV Battery Electric Vehicle Toyota…

Benzinga

Where Lennox International Stands With Analysts

Analysts have provided the following ratings for Lennox International (NYSE:LII) within the last quarter:

Benzinga

Expert Ratings for Winnebago Industries

Winnebago Industries (NYSE:WGO) has observed the following analyst ratings within the last quarter:

Benzinga

Expert Ratings for AvalonBay Communities

Within the last quarter, AvalonBay Communities (NYSE:AVB) has observed the following analyst ratings:

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