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The Latest Breaking News from NYSE

La-Z-Boy Stock Surges Post Q4 Earnings Beat, Guides Q1 Sales Above Consensus

La-Z-Boy Incorporated (NYSE: LZB) reported

Benzinga

Ormat Technologies Shares Slip On Offer To Raise $350M Via Private Convertible Senior Notes

Ormat Technologies, Inc (NYSE:ORA) plans to offer a $350 million aggregate principal amount of Green Convertible Senior Notes due 2027 in a private offering. The notes will mature on July 15, 2027; interest will be payable semiannually in arrears on January 15 and July 15 of each year, beginning on January 15, 2023.…

Benzinga

Rosenblatt Re-Rates Imax As Jurassic World Dominion Continues To Rule Charts

Rosenblatt analyst Steve Frankel reiterated a Buy rating on Imax Corp (NYSE: IMAX)

Benzinga

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Here's What To Watch On GameStop As The Stock Outpaces The Market

GameStop Corporation (NYSE: GME) surged up 7.59% higher at one point on Tuesday, in tandem with the S&P 500, which was rising about 2.5%.

Benzinga

Here's Why This Analyst Slashed Twitter's Price Target By 39%

Rosenblatt analyst Barton Crockett maintained Twitter, Inc (NYSE:TWTR) with a Neutral and cut the price target from $54.2 to $33, below Tesla, Inc (NASDAQ:TSLA) chief's takeover bid. Crockett believed that the absence of the deal would lead to even lower share prices for Twitter. Social media comparables were already hit by a possible weakening ad market likely…

Benzinga

Wells Fargo Sees Sharp Downside In Virgin Galactic - Read Why

Wells Fargo analyst Matthew Akers initiated coverage of Virgin Galactic Holdings Inc (NYSE:SPCE) with an Underweight rating and a price target of $4, implying a downside of 35%. SPCE has additional risk, according to the analyst, as he doubts it can create its new Delta spacecraft and continue to fund operations without another capital…

Benzinga

How Are REITs Performing Compared To The Rest Of The Market In 2022?

The S&P 500 just came out of its worst week since March 2020 and is still down by over 21% from the beginning of the year, with a move downward from 4,800 to under 3,800. The Real Estate Select Sector SPDR Fund (NYSEArca: XLRE) has dropped from $51.50 to $39.75,…

Benzinga

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Analysis: Why Did Kellogg Company Reconfigure Itself By Creating Three Businesses?

This morning's announcement by Kellogg Company (NYSE: K) to disconnect its North American cereal and plant-based foods businesses and create three new independent publicly-traded companies via a tax-free spinoff

Benzinga

Globl-E Online Bolsters Platform Offering For Enterprise Brands - Read How

Global-E Online Ltd (NASDAQ:GLBE) has entered into a definitive agreement with Pitney Bowes Inc (NYSE:PBI) to acquire Borderfree cross-border eCommerce solutions business for about $100 million in cash. Borderfree helps retailers enter new global markets by localizing their domestic websites in 200+ countries and territories. The acquisition is expected to strengthen Global-E's platform offering for…

Benzinga

Where DoorDash Stands With Analysts

Analysts have provided the following ratings for DoorDash (NYSE:DASH) within the last quarter:

Benzinga

Hot Stocks: 11 Tickers Moved By Traders on 'Fast Money Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

Elon Musk Addresses Whether Twitter Deal Would Get Tesla In Trouble In China

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday he believes there will not be any issues related to running his electric vehicle business in China in case the $44 billion Twitter Inc (NYSE:

Benzinga

Nasdaq Rises 2.5%; ACADIA Pharmaceuticals Shares Plummet

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining over 2.5% on Tuesday.

Benzinga

JELD-WEN Taps Sonoco Executive Julie Albrecht As Finance Chief

JELD-WEN Holding (NYSE:JELD) has appointed Julie C. Albrecht as EVP and CFO, effective July 18, 2022. She will replace EVP and Acting CFO David Guernsey, who will transition into another leadership role. Albrecht joins JELD-WEN from Sonoco Products Co (NYSE:SON), where she has served as CFO since March 2019. She joined Sonoco in 2017…

Benzinga

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news in one place.

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Benzinga

Cluster Of Insiders Purchase Carvana, An E-commerce Platform For Buying And Selling Used Cars - Big Insider Trades

A nearly 6% drop in the S&P 500 index last week spurred insider buying with insiders purchasing more than 4 times as much stock as they did the prior week, reversing three weeks of declining purchases.

Benzinga

Expert Ratings for GoDaddy

GoDaddy (NYSE:GDDY) has observed the following analyst ratings within the last quarter:

Benzinga

Where SeaWorld Entertainment Stands With Analysts

SeaWorld Entertainment (NYSE:SEAS) has observed the following analyst ratings within the last quarter:

Benzinga

Where Union Pacific Stands With Analysts

Union Pacific (NYSE:UNP) has observed the following analyst ratings within the last quarter:

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news in one place.

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Benzinga

This Stock Has Fallen 35% YTD And Is Now 'The Definition Of Quality On Sale'

Hightower Advisors' Stephanie Link bought Nike Inc (NYSE: NKE) shares ahead of earnings next week and is prepared to buy more if it sells off further.

Benzinga

SVB Leerink's Pro-forma Analysis Of Speculated Merck/Seagen Deal - What Investors Need To Know

SVB Securities conducted a pro-forma analysis of the financial impact to Merck & Co Inc (NYSE: MRK) from a potential acquisition of Seagen Inc (NASDAQ: SGEN).

Benzinga

TPG Capital Takes Healthcare Technology Convey Health Private In $1B Deal

TPG Capital, private equity, has agreed to acquire Convey Health Solutions Holdings Inc (NYSE:CNVY) for $10.50 per share in cash, representing an enterprise value of approximately $1.1 billion. The purchase price represents approximately 99% over Convey's 30-day volume-weighted average price per share as of June 17 and a premium of approximately 143% to…

Benzinga

Owens Corning Acquires Spray Foam Manufacturer Natural Polymers

Owens Corning Inc (NYSE:OC) has agreed to acquire Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois. Deal terms were not disclosed. Natural Polymers anticipates sales of $100 million in FY22. The company expects to maintain double-digit growth over the next several…

Benzinga

Why Shares Of BlackSky Technologies Are Trading Higher Today

BlackSky Technology Inc. (NYSE: BKSY) shares are trading higher after the company announced it was awarded a five-year Joint Artificial Intelligence Center contract for AI data readiness. The JAIC agreement has a ceiling value of $241 million over five years.

Benzinga

FedEx Takes 150 Electric Vehicle Delivery From BrightDrop; More To Come

FedEx Corp (NYSE:FDX) has received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors Co (NYSE:GM) decarbonizing last-mile delivery. The move marks a crucial milestone for FedEx, which plans to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero tailpipe emissions by 2040. "In just under…

Benzinga

4 Analysts Have This to Say About Evolent Health

Evolent Health (NYSE:EVH) has observed the following analyst ratings within the last quarter:

1 … 126 127 128 129

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