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The Latest Breaking News from NYSE

Nio Analyst Dismisses Short Seller Allegations: Why They're Bullish On Chinese EV Stock

Shares of Chinese electric vehicle maker Nio Inc - ADR (NYSE: NIO) were falling Wednesday following a new report by short seller Grizzly Research.

General Dynamics Secures $600M In US Navy Contract Modifications

General Dynamics Secures $600M In US Navy Contract Modifications

General Dynamics Corp (NYSE:GD) subsidiary General Dynamics NASSCO has secured $600 million in U.S. Navy contract modifications for long-lead-time material for three ships. This contract will support the construction of the seventh and eighth ships in the John Lewis-class fleet oiler (T-AO) program and the sixth ship in the Expeditionary Sea Base (ESB)…

Jacobs JV Wins Contract To Plan Norway Nuclear Decommissioning Program

Jacobs JV Wins Contract To Plan Norway Nuclear Decommissioning Program

Jacobs Engineering Group Inc's (NYSE:J) joint venture with Multiconsult Norge AS has been selected by Norsk Nukleær Dekommisjonering (NND) to plan the decommissioning of Norway's nuclear facilities. In competitive bidding, the Jacobs/Multiconsult JV was ranked first and will have the first option to carry out work. The value of the six-year multi-award…

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This Analyst Believes Seagen Is Evaluating Strategic Alternatives

Raymond James initiated coverage on Seagen Inc (NASDAQ:SGEN) at Outperform with a $220 target price. Citing the recent departure of the long-time Seagen CEO, Raymond James thinks that the Board of Directors is likely evaluating strategic alternatives for the company. The relationship with Merck & Company, Inc. (NYSE:MRK) has been long-standing. With Keytruda losing its patent…

Here's Why Needham Continues To See 105% Upside To Avalara Post Its Analyst Day

Needham analyst Scott Berg attended Avalara, Inc's (NYSE: AVLR) virtual analyst day, in which the company highlighted new products and provided intermediate-term financial targets that beat expectations.

Institutions Just Traded Millions Worth Of Amazon, Verizon Stocks On Dark Pools: What Does It Mean?

$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,600 Today

KKR & Co (NYSE:KKR) has outperformed the market over the past 10 years by 2.77% on an annualized basis producing an average annual return of 13.51%. Currently, KKR & Co has a market capitalization of $27.97 billion.

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Wells Fargo Initiates Generac Coverage With Overweight Rating

Wells Fargo Initiates Generac Coverage With Overweight Rating

Wells Fargo analyst Praneeth Satish initiated coverage of Generac Holdings Inc. (NYSE:GNRC) with an Overweight rating and price target of $285. Satish noted the company is well-positioned to benefit from the continued growth of the home standby (HSB) market. The analyst mentions that the company recently added clean energy solutions, including residential solar inverters…

5 Analysts Have This to Say About Las Vegas Sands

5 Analysts Have This to Say About Las Vegas Sands

Las Vegas Sands (NYSE:LVS) has observed the following analyst ratings within the last quarter:

This Is What Whales Are Betting On Nucor

This Is What Whales Are Betting On Nucor

A whale with a lot of money to spend has taken a noticeably bearish stance on Nucor. Looking at options history for Nucor (NYSE:NUE) we detected 14 strange trades.

$1000 Invested In Illinois Tool Works 10 Years Ago Would Be Worth This Much Today

$1000 Invested In Illinois Tool Works 10 Years Ago Would Be Worth This Much Today

Illinois Tool Works (NYSE:ITW) has outperformed the market over the past 10 years by 2.4% on an annualized basis producing an average annual return of 13.12%. Currently, Illinois Tool Works has a market capitalization of $56.09 billion.

Kraft Heinz Inks Power Purchase Pact With Berkshire Hathaway Energy Business

Kraft Heinz Inks Power Purchase Pact With Berkshire Hathaway Energy Business

Kraft Heinz Co (NASDAQ:KHC) has signed a virtual power purchase agreement with BHE Renewables, a Berkshire Hathaway Inc (NYSE: BRK-A) Energy business. Under the agreement, BHE will provide power from renewables to Kraft Heinz's operations within the U.S. The facilitation is part of Kraft Heinz's aim to procure most of its electricity from renewable sources…

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Could Carnival Stock Go To Zero? Why Pete Najarian Sees Choppy Waters On The Horizon

Could Carnival Stock Go To Zero? Why Pete Najarian Sees Choppy Waters On The Horizon

Carnival Corp (NYSE: CCL) was featured as the call of the day Wednesday on CNBC's "Fast Money Halftime Report."

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Analysis: Why Did Disney Retain Bob Chapek Despite His Many, Many Errors?

Walt Disney Co.'s (NYSE: DIS) decision to extend CEO Bob Chapek’s contract for another three years might strike some people as being a

'Private Equity Companies Have Bought Up Hundreds Of Thousands Of Single Family Homes' - House Subcommittee Addresses Investments In Single-Family Rentals

The House Committee on Financial Services, led by Chairwoman Maxine Waters, Subcommittee on Oversight and Investigations held a hearing on June 28, 2022, entitled, “Where Have All the Houses Gone?

Read How Raymond James Shifts Ratings On Ulta Beauty & Sally Beauty Amid Inflation

Raymond James analysts Olivia Tong and Devin Weinstein have upgraded Ulta Beauty Inc (NASDAQ:ULTA) to Strong Buy from Outperform and raised the price target to $485 from $475, implying a 24% upside. The analysts believe the company has good prospects compared to its competitors amidst the volatile macro backdrop. They cited the high household income…

Analyst Ratings for Zendesk

Analysts have provided the following ratings for Zendesk (NYSE:ZEN) within the last quarter:

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Snapchat+ Is Just A Paid Beta: What You Need To Know

It’s $4 per month, and you’ll still be delivered ads! On Wednesday, Snap Inc. (NYSE: SNAP) unveiled Snapchat+, a new subscription-based tier that would cost $3.99 per month and include "a mix of exclusive, experimental, and pre-release features."

Insurance Stocks Moving In Wednesday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Wealth Manager Noah Banks on Hong Kong to Revive Fortunes

Key Takeaways: Noah Holdings was approved for a secondary listing in Hong Kong, offsetting the risk of its shares being ousted from New York The company posted record profits last year from a super-rich client base, but revenues and profits fell more than 30% in the first quarter in a…

Why Is Allena Pharmaceuticals Jumping By 207%? 45 Stocks Moving In Wednesday's Mid-Day Session

Gainers Allena Pharmaceuticals, Inc. (NASDAQ: ALNA) jumped 207% to $0.3650 after the company announced it has terminated its previously announced at-the-market offering.

How A New Delta Air Policy May Help Travelers This July 4th Holiday Weekend

Delta Air Inc. (NYSE: DAL) is hoping to help travelers on what's expected to be another travel-heavy holiday weekend.

GNS: Revolutionizing Education of All Types

By Brad Sorensen, CFA NYSE:GNS READ THE FULL GNS RESEARCH REPORT

Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

Walmart Inc (NYSE: WMT) agreed to acquire Memomi, an augmented reality (AR) optical tech company. The financial terms of the transaction remain undisclosed. Memomi is a leading technology provider for enhancing virtual optical try-on experiences, helping customers virtually "try on" eyewear in real-time for a seamless, easy, and fun omnichannel experience. Since 2019, Memomi…

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