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The Latest Breaking News from NYSE

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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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.

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

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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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Benzinga

Qudian Finds New Business Model in Buying Back Shares

Key Takeaways: Qudian has announced a $200 million share buyback plan, extending a recent series of buying of its own stock Aggressive share purchasing comes as Qudian dramatically scales back its original consumer lending business and searches for a new business model By Doug Young

Benzinga

4 Analysts Have This to Say About Oscar Health

Oscar Health (NYSE:OSCR) has observed the following analyst ratings within the last quarter:

Benzinga

$100 Invested In This Stock 20 Years Ago Would Be Worth $3,000 Today

Mettler-Toledo Intl (NYSE:MTD) has outperformed the market over the past 20 years by 11.78% on an annualized basis producing an average annual return of 18.65%. Currently, Mettler-Toledo Intl has a market capitalization of $26.40 billion.

Benzinga

Flowserve Bags Contract To Supply Pumps To TMGcore

Flowserve Corp (NYSE:FLS) has secured a contract to provide pumps to TMGcore, Inc., a Texas-based provider of computing solutions specializing in liquid immersion cooling technology. Financial terms were not disclosed. TMGcore will receive 5,000 industrial process pumps from Flowserve and AGI Industries, which will be used in various proprietary immersion cooling units…

Benzinga

Ominous Death Cross Forms On Southern Copper's Chart

If history is any guide, there may be trouble ahead for shares of Southern Copper (NYSE:SCCO). 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 Hilton Worldwide Holdings's Chart

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

Benzinga

Short Volatility Alert: Fortune Brands Home & Security, Inc.

On Tuesday, shares of Fortune Brands Home & Security, Inc. (NYSE: FBHS) experienced volatile short activity. After the activity, the stock price went down -1.27% to $61.32. The overall sentiment for FBHS has been Bearish.

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