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The Latest Breaking News from NYSE

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

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McDonald's Settles French Tax Case For $1.3B: WSJ

McDonald's Corp (NYSE:MCD) has agreed to settle a tax dispute in France by paying about $1.3 billion in fines and back taxes, the Wall Street Journal reported. The fast-food giant has been facing a probe in France over the proper declaration of all its activities. The deal's details are expected to be…

Benzinga

Disney Provides First Look At More Disney+ Animated Series: What Investors Should Know

Media giant Walt Disney Co (NYSE: DIS) is using the Annecy International Animation Film Festival to highlight upcoming new animated series that will hit Disney+ and other Disney platforms in 2023. Here’s a look at what was unveiled.

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FREYR Inks Raw Materials Reservation Agreement

FREYR Battery SA (NYSE:FREY) entered into a reservation agreement with Changzhou Senior New Energy Materials Co., Ltd. and Senior Material (Europe) AB to supply battery materials for its Customer Qualification Plant (CQP), currently under construction in Norway, and for the planned combined Gigafactory 1 & 2. Changzhou Senior New Energy Materials Co. and…

Benzinga

Check Out What Whales Are Doing With UNH

Someone with a lot of money to spend has taken a bearish stance on UnitedHealth Group (NYSE:UNH). 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.

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$1000 Invested In Norfolk Southern 10 Years Ago Would Be Worth This Much Today

Norfolk Southern (NYSE:NSC) has outperformed the market over the past 10 years by 1.31% on an annualized basis producing an average annual return of 12.09%. Currently, Norfolk Southern has a market capitalization of $53.22 billion.

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$100 Invested In This Stock 10 Years Ago Would Be Worth $1,900 Today

ServiceNow (NYSE:NOW) has outperformed the market over the past 10 years by 23.11% on an annualized basis producing an average annual return of 33.89%. Currently, ServiceNow has a market capitalization of $91.30 billion.

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CANG: Q1 Results roughly inline with our lowered expectations but the Chinese auto market remains under pressure.

By Brian Lantier, CFA NYSE:CANG READ THE FULL CANG RESEARCH REPORT

Benzinga

Antibiotic Makers Adopt Their Own Environmental Safeguard Standards

The AMR Industry Alliance, a life-sciences coalition set up to provide sustainable solutions to curb antimicrobial resistance (AMR), is adopting its standards limiting toxic emissions. The Alliance published its Antibiotic Manufacturing Standard: Minimizing the risk of developing antibiotic resistance and aquatic ecotoxicity in the environment resulting from manufacturing human antibiotics. The…

Benzinga

55 Stocks Moving In Wednesday's Mid-Day Session

Gainers Sidus Space, Inc. (NASDAQ: SIDU) shares surged 92.4% to $2.77 after the company announced it is part of Collins Aerospace team which was awarded NASA's Exploration Extravehicular Activity services contract with a potential value of $3.5 billion.

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Where Armstrong World Indus Stands With Analysts

Armstrong World Indus (NYSE:AWI) has observed the following analyst ratings within the last quarter:

Benzinga

Altria Group Whale Trades For June 15

Someone with a lot of money to spend has taken a bullish stance on Altria Group (NYSE:MO). 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

Credit Suisse Maintains Outperform Rating for NextEra Energy Partners: Here's What You Need To Know

Credit Suisse has decided to maintain its Outperform rating of NextEra Energy Partners (NYSE:NEP) and lower its price target from $78.00 to $74.00. Shares of NextEra Energy Partners are trading up 2.4% over the last 24 hours, at $69.67 per share.

Benzinga

Here's How Much You Would Have Made Owning Nike Stock In The Last 15 Years

Nike (NYSE:NKE) has outperformed the market over the past 15 years by 9.0% on an annualized basis producing an average annual return of 15.24%. Currently, Nike has a market capitalization of $177.10 billion.

Benzinga

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news in one place.

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RBC Capital Maintains Outperform Rating for Olin: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of Olin (NYSE:OLN) and lower its price target from $83.00 to $76.00. Shares of Olin are trading down 9.08% over the last 24 hours, at $52.02 per share. A move to $76.00 would account for a 46.11% increase from the current…

Benzinga

Analyst Ratings for Digital Realty Trust

Digital Realty Trust (NYSE:DLR) has observed the following analyst ratings within the last quarter:

Benzinga

Barclays Maintains Equal-Weight Rating for WEC Energy Gr: Here's What You Need To Know

Barclays has decided to maintain its Equal-Weight rating of WEC Energy Gr (NYSE:WEC) and raise its price target from $107.00 to $108.00. Shares of WEC Energy Gr are trading down 1.2% over the last 24 hours, at $90.95 per share.

Benzinga

Tapestry — Owner Of Fashion Brand Coach — Is A "Structural Pandemic Winner," Jefferies Says In Upgrade: What Else Impressed This Analyst?

Tapestry Inc (NYSE: TPR) has been through a culture change focusing on data-driven results, which should continue to drive progress, according to Jefferies.

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Benzinga

Why Nio Stock Is Rising Today

NIO Inc (NYSE: NIO) shares are trading higher Wednesday amid its virtual product launch event featuring the company's new ES7 SUV.

Benzinga

Here's How Much $1000 Invested In NextEra Energy 10 Years Ago Would Be Worth Today

NextEra Energy (NYSE:NEE) has outperformed the market over the past 10 years by 5.08% on an annualized basis producing an average annual return of 15.82%. Currently, NextEra Energy has a market capitalization of $144.79 billion.

Benzinga

Read How John Wiley & Sons Fared In Q4

John Wiley & Sons Inc (NYSE:WLY) reported fourth-quarter FY22 sales growth of 2% year-on-year to $545.7 million. Revenue from Research Publishing & Platforms rose 5%, Academic & Professional Learning declined 7%, and Education Services increased 8%. Costs and expenses increased 0.5% Y/Y to $487.2 million. The operating margin expanded Y/Y from 9.6% to…

Benzinga

The Joe Rogan Effect Continues: Spotify Debuts 'Safety Advisory Council' To Address Thorny Content

The brouhaha concerning Joe Rogan’s podcast that scalded over earlier this year continues to resonate as Spotify Technology SA (NYSE: SPOT) announced the formation of a “Safety Advisory Council” designed to offer third-party input on problematic content and online behavior.<

Benzinga

Market Awaits Fed Rate Hike Decision: How Aggressive Will The FOMC Get Today?

The SPDR S&P 500 ETF Trust (NYSE: SPY) rebounded a bit from its early week downturn on Wednesday morning ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET.

Benzinga

Diana Shipping Sells m/v Baltimore Capesize Dry Bulk Vessel

Diana Shipping Inc (NYSE:DSX) has agreed to sell one of its dry bulk vessels, the m/v Baltimore, to OceanPal Inc., for $22 million. The company noted that 20% of the purchase price was paid upon signing the Memorandum of Agreement. The remaining 80% will be paid upon delivery of the vessel in…

Benzinga

Here's Why KeyBanc Considers Disney's IPL Rights Win As Neutral Outcome

KeyBanc analyst Brandon Nispel sees Walt Disney Company (NYSE:DIS) winning TV IPL rights as a neutral outcome for DIS. Nispel would have liked DIS to pursue Digital rights over TV rights, given the ongoing secular challenges of PayTV. However, there appear to be some benefits due to the importance of IPL to the Star ecosystem. …

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