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The Latest Breaking News from NYSE

JetBlue Won't Take No For An Answer, Makes Another Bid For Spirit Airlines

If anything can be said about JetBlue Airways (NASDAQ: JBLU), it would be that it doesn't easily give up. The airline has offered yet another upgrade to its acquisition bid for Spirit Airlines Inc.

Benzinga

Why Nike Shares Are Sliding

Nike Inc (NYSE: NKE) shares are trading lower Tuesday after the company reported earnings. Several analysts also lowered price targets on the stock following the company's quarterly results.

Benzinga

Why MGM Resorts Stock Is Trading Higher Today

MGM Resorts International (NYSE: MGM) shares are trading higher Tuesday following bullish analyst coverage from JMP Securities.

Benzinga

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Enerpac Tool Group: Q3 Earnings Insights

Enerpac Tool Group (NYSE:EPAC) reported its Q3 earnings results on Tuesday, June 28, 2022 at 08:30 AM. Here's what investors need to know about the announcement.

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Benzinga Before The Bell: Roe vs Wade Ruling Effect, Airbnb's Ban on Parties, JetBlue's Modified Proposal And Other Top Financial Stories Tuesday, June 28

CNBC

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Elon Musk Hasn't Tweeted In A Week, And His Twitter Fans Are Getting Worried

There is something missing from Twitter (NYSE: TWTR) – or, to be more specific, a certain someone whose tweets have moved markets, rankled President Joe Biden and become the source of inspiration, amusement and outrage across social media.

Benzinga

Whirlpool Divests Russian Business: What's On The Cards?

Whirlpool Corp (NYSE:WHR), through its subsidiary Whirlpool EMEA SpA, agreed to sell its Russian business to Arçelik A.Ş. for deferred payments. The deferred payments are expected to be made over ten years and are subject to a cap based on the net asset value of the business as of closing, which is currently…

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CNBC's Final Trades: UnitedHealth, WideOpenWest And This Company That's 'Minting Cash'

On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said that Devon Energy Corp (NYSE: DVN) is “minting cash” due to elevate

Benzinga

$44 Million Bet On Occidental Petroleum? 3 Stocks Insiders are Buying

Although US stocks closed slightly lower on Monday, there were a few notable insider trades.

Benzinga

Effect Of Roe Vs. Wade Ruling - Pharmacies Ration Contraceptive Pills

Major pharmacies like CVS Health Corp (NYSE:CVS), Walmart Inc (NYSE:WMT), and Rite Aid Corporation (NYSE:RAD) have put a limit on purchases or deliveries of Plan B and other emergency contraceptive pills, writes Wall Street Journal. The move comes as demand for contraceptive pills spiked following the Supreme Court ruling overturning a constitutional right to abortion. These were in…

Benzinga

Morgan Stanley To $80? Here's The Biggest Price Target Changes For Tuesday

Keybanc cut AvalonBay Communities, Inc. (NYSE: AVB) price target from $275 to $237. AvalonBay Communities shares rose 1.9% to close at $198.77 on Monday.

Benzinga

JetBlue Modifies Spirit Proposal; Urges Spirit Shareholders Vote Against Frontier Offer

JetBlue Airways (NASDAQ:JBLU) has again modified its proposal to acquire Spirit Airlines Inc (NYSE:SAVE) based on discussions with Spirit shareholders. JetBlue added a ticking fee, increased the reverse breakup fee to $400 million, and accelerated prepayment to $2.50 per share. Related: JetBlue Submits Improved Proposal For Spirit Airlines At $33.50/share The addition of a ticking…

Benzinga

Russia Fined These US Companies Over Data Privacy Breach

A Moscow court penalized Amazon.com Inc (NASDAQ:AMZN) owned video streaming service Twitch, social network Pinterest, Inc (NYSE:PINS), holiday rental company Airbnb, Inc (NASDAQ:ABNB), and United Parcel Service, Inc (NYSE:UPS) for refusing to store Russian citizens' data in Russia, Reuters reports. Russia penalized Twitch by 2 million roubles ($37,700), Pinterest and Airbnb by 2 million roubles, and UPS by 1 million…

Benzinga

Berkshire Hathaway Raises Stake In Occidental Petroleum, Find Out How Much

Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) has purchased another 794,389 shares of Occidental Petroleum Corp (NYSE:OXY), at an average price of ~$55.39, according to a Form-4 filing with the U.S. Securities and Exchange Commission. The total purchase amount was ~$44 million for ~794 thousand shares of OXY. Last week the company…

Benzinga

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'Let's Just Stick With Morgan Stanley': Why Jim Cramer Says No To These Bank Stocks

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Belden (NYSE: BDC) over Encore Wire Corp (NASDAQ: WIRE).

Benzinga

EXCLUSIVE: Wejo, Ford Bond To Enable End-to-End Insurance Offerings

Wejo Group Limited (NASDAQ: WEJO) has collaborated with Ford Motor Company (NYSE: F) in Europe, which gives Wejo access to personalized connected vehicle data from Ford vehicles across the continent.

Benzinga

Ahead Of Investor Deep Dive Event, Credit Suisse Fined For Cocaine Money Laundering Case: Report

Credit Suisse Group AG (NYSE: CS) will hold an Inv

Benzinga

Why Is Kezar Life Sciences Surging By 78%? 25 Stocks Moving In Tuesday's Pre-Market Session

Gainers Kezar Life Sciences, Inc. (NASDAQ: KZR) rose 78% to $10.29 in pre-market trading after the company reported positive topline results from the MISSION Phase 2 clinical trial evaluating zetomipzomib in patients with active lupus nephritis (LN).

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news in one place.

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Benzinga

Volkswagen Unveils 1st Electric Mid-Size Sedan To Take On Tesla In China, Europe Next Year

Volkswagen Group (OTC: VWAGY) on Monday unveiled the first electric mid-size sedan it plans to start selling in China and Europe in the second half of next year.

Benzinga

Alibaba Lays Off 50 Employees As It Shuts Israel R&D Center: Report

Chinese e-commerce giant Alibaba Group Holdings (NYSE: BABA) is shutting down its R&D center in Israel, the company notified its employees on Sunday.

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Earnings Scheduled For June 28, 2022

Companies Reporting Before The Bell • Jupai Hldgs (NYSE:JP) is projected to report earnings for its first quarter.

Benzinga

Video: GMC Hummer EV's 'Extract Mode' Lifts Supertruck To New Heights

General Motors Co (NYSE: GM) is equipping its GMC Hummer electric vehicles with a feature that can help lift the vehicle by nearly 16 inches from the ground when required.

Benzinga

This Healthcare Stock Jumps Around 188%, Here's 83 Biggest Movers From Yesterday

Gainers Evofem Biosciences, Inc. (NASDAQ: EVFM) shares jumped 187.7% to close at $1.07 on Monday amid the Supreme Court overturning Roe V Wade.

Benzinga

Morgan Stanley Q3 Dividend Hike Details Are Here

Morgan Stanley (NYSE: MS) announced Monday that it will raise its quarterly common stock dividend to $0.775 per share from the current $0.70 per share beginning with the common dividend expected to be declared in the third quarter of 2022.

Benzinga

Alibaba Loses 2%, Nio Tumbles 9%: What's Dragging Down Hong Kong Stocks Today?

Shares of major U.S.-listed Chinese companies were trading lower in Hong Kong on Tuesday, with major tech stocks like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ: <

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