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The Latest Breaking News from NYSE

McCormick Q2 Earnings Miss Street View; Cuts FY22 EPS Forecast

McCormick & Co Inc (NYSE:MKC) reported a second-quarter FY22 sales decline of 1.3% year-on-year to $1.54 billion, missing the consensus of $1.61 billion. Flavor solutions segment sales increased 10%, driven by the Americas and EMEA regions. Consumer segment sales declined 8%, reflecting lower volume and product mix. Gross profit was $523 million, with…

Benzinga

Why Royal Caribbean Group Shares Are Getting Hammered Today

Royal Caribbean Cruises Ltd (NYSE: RCL) shares are trading lower by 8.72% to $36.64 Wednesday morning. Shares of cruise line operators are falling sharply during Wednesday's trading session amid a series of analyst rating updates and price target adjustments.

Benzinga

Short Volatility Alert: Portland General Electric Company

On Tuesday, shares of Portland General Electric Company (NYSE: POR) experienced volatile short activity. After the activity, the stock price went down -1.23% to $48.88. The overall sentiment for POR has been Bearish.

Benzinga

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This Favorable Sign Appears On Kimberly-Clark's Chart

If history is any guide, there may be good fortune ahead for shares of Kimberly-Clark (NYSE:KMB). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Benzinga

Death Cross Looms Over CNA Financial Investors

If history is any guide, there may be trouble ahead for shares of CNA Financial (NYSE:CNA). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

This Foreboding Sign Looms Over Agnico Eagle Mines's Chart

If history is any guide, there may be trouble ahead for shares of Agnico Eagle Mines (NYSE:AEM). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

5 Value Stocks In The Utilities Sector

What Defines a Value Stock?

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Here's How Much You Would Have Made Owning Humana Stock In The Last 20 Years

Humana (NYSE:HUM) has outperformed the market over the past 20 years by 11.85% on an annualized basis producing an average annual return of 18.87%. Currently, Humana has a market capitalization of $59.29 billion.

Benzinga

Read How UniFirst Fared In Q3

UniFirst Corp (NYSE:UNF) reported third-quarter FY22 sales growth of 10.2% year-on-year to $511.5 million, beating the consensus of $501.03 million. Adjusted EPS of $1.77 missed the consensus of $1.90. Revenues from core laundry operations increased 10% Y/Y to $450 million, and specialty garments rose 7.7% Y/Y to $41.2 million. Operating income declined…

Benzinga

Where Altice USA Stands With Analysts

Analysts have provided the following ratings for Altice USA (NYSE:ATUS) within the last quarter:

Benzinga

Why U.S. Stocks Are Trading Higher, GDP Report And More

U.S. stocks traded higher this morning, with the Dow Jones gaining around 180 points on Wednesday.

Benzinga

Earnings Preview: Tsakos Energy Navigation

Tsakos Energy Navigation (NYSE:TNP) is set to give its latest quarterly earnings report on Thursday, 2022-06-30. Here's what investors need to know before the announcement. Analysts estimate that Tsakos Energy Navigation will report an earnings per share (EPS) of $-0.21.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 29, 2022

Upgrades

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This Day In Market History: IBM Replaces Chrysler In The Dow

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1979, IBM (NYSE: IBM) replaced Chrysler in the Dow Jones Industrial Average.

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Read How Barnes & Noble Education Performed In Q4

Barnes & Noble Education Inc (NYSE:BNED) reported fourth-quarter FY22 sales growth of 17.1% year-on-year to $260.83 million, beating the consensus of $229.21 million. Retail segment gross comparable store sales increased 32.6%. Retail sales rose 18.3%, and wholesale sales decreased 6.5%. Gross profit rose 123.4% Y/Y to $80.2 million with a margin of 30.7%.…

Benzinga

What's Going On With Nio Stock?

NIO Inc (NYSE: NIO) shares continue to slide Wednesday following a bearish report from Grizzly Research.

Benzinga

Why McCormick Stock Is Moving Lower

McCormick & Company Inc (NYSE: MKC) shares are trading lower Wednesday after the company reported worse-than-expected financial results and lowered full-year earnings guidance.

Benzinga

MSC Industrial Direct Clocks 11% Revenue Growth In Q3

MSC Industrial Direct Co Inc (NYSE:MSM) reported third-quarter FY22 sales growth of 10.7% year-over-year to $958.6 million, missing the consensus of $960.52 million. Gross margin expanded 60 bps to 42.9%. Operating income increased 6.4% Y/Y to $136.8 million, and margin contracted by 50 bps to 14.3%, while adjusted operating margin expanded by…

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Expert Ratings for Freeport-McMoRan

Within the last quarter, Freeport-McMoRan (NYSE:FCX) has observed the following analyst ratings:

Benzinga

Where OneMain Holdings Stands With Analysts

Within the last quarter, OneMain Holdings (NYSE:OMF) has observed the following analyst ratings:

Benzinga

Analyst Ratings for Emerson Electric

Emerson Electric (NYSE:EMR) has observed the following analyst ratings within the last quarter:

Benzinga

Here's Why Kanzhun, Full Truck Alliance Shares Are Trading Higher Today

The app of online recruitment services company Kanzhun Ltd (NASDAQ:BZ) and two apps of the logistics platform Full Truck Alliance Co Ltd (NYSE:YMM), namely, Yunmanman and Huochebang announced the resumption of new user registrations, Reuters reports. The apps were under review by China’s cyberspace regulator. The Chinese government recently expressed support for the domestic tech industry, which had…

Benzinga

Alibaba CEO Daniel Zhang Yong Preaches Tech's Positive Role On Chinese Society: All You Need To Know

Alibaba Group Holding Limited (NYSE: BABA) Chair and CEO Daniel Zhang Yong penned an article in China cyberspace administration's official magazine,

Benzinga

Jim Cramer Recommends This Mining Company And 5 Other Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said AT&T Inc (NYSE: T) is a "distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell."

Benzinga

CNBC's Final Trades: Wynn Resorts, FedEx, General Mills And This Relatively Unknown Stock

On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners said he chose Wynn Resorts, Limited (NASDAQ: WYNN) — not because of China, but

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