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The Latest Breaking News from NYSE

Mid-Morning Market Update: Markets Open Lower; US Inflation Rate Accelerates to 8.6%

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 600 points on Friday.

Benzinga

Boise Cascade Acquires Coastal Plywood Operations For $512M

Boise Cascade Co (NYSE:BCC) has agreed to acquire Coastal Plywood Company, including two manufacturing locations, from Coastal Forest Resources Company for $512 million. Coastal Plywood provides quality plywood, lumber, and treated wood products throughout the eastern U.S. The purchase agreement includes locations in Havana, Florida, and Chapman, Alabama, which employ ~750 people.…

Benzinga

Analyst Ratings for TE Connectivity

Analysts have provided the following ratings for TE Connectivity (NYSE:TEL) within the last quarter:

Benzinga

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Analyzing Becton, Dickinson's Short Interest

Becton, Dickinson's (NYSE:BDX) short percent of float has risen 11.94% since its last report. The company recently reported that it has 4.25 million shares sold short, which is 1.5% of all regular shares that are available for trading.

Benzinga

Expert Ratings for Big Lots

Analysts have provided the following ratings for Big Lots (NYSE:BIG) within the last quarter:

Benzinga

Twitter-Verified Fake SpaceX Profile Posts Bitcoin, Dogecoin Scam On Elon Musk's Tweet

The latest crypto scam on Twitter Inc (NYSE: TWTR) comes from a fraudulent SpaceX account that bore the “blue tick” verification badge awarded by Twitter.

Benzinga

MGM Resorts Sells Gold Strike Tunica Operations For $450M

MGM Resorts International (NYSE:MGM) has decided to sell the operations of Gold Strike Tunica to Cherokee Nation Entertainment Gaming Holdings LLC (CNE), a subsidiary of Cherokee Nation Businesses, for $450 million in cash. The company expects net cash proceeds after taxes and estimated fees to be about $350 million. For the twelve months…

Benzinga

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Cramer Shares Takes On Berkshire Hathaway, Six Flags Entertainment And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said he loves Enterprise Products Partners LP (NYSE: EPD). "Continue to buy that one," he added.

Benzinga

Insiders Are Selling Monster Beverage And 4 Other Stocks

US gold futures traded lower this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Morning Brief: Top Financial Stories Dominating on Friday, June 10

Reuters Rebranded McDonald’s Restaurants To Reopen In Russia

Benzinga

GSK Shows Positive Pivotal Phase III Data For Its RSV Vaccine Candidate

GSK plc (NYSE:GSK) intends to engage with regulators immediately after reporting positive headline results from a pre-specified efficacy interim analysis of the AReSVi 006 phase III trial, it anticipates regulatory submissions in the second half of 2022. AReSVi 006 is a phase III trial investigating GSK’s respiratory syncytial virus (RSV) vaccine candidate…

Benzinga

Analysts Tout This Apple Supplier's $100B Meltdown As Buying Opportunity - Read Why

Analysts do not seem worried about Taiwan Semiconductor Manufacturing Company Ltd's (NYSE: TSM) share slump that wiped off $100 billion in value,

Benzinga

Insiders Buy More Than $15M Of 3 Stocks

Although the Dow Jones dropped by more than 600 points on Thursday, there were a few notable insider trades.

Benzinga

Here's Why Beauty Salon Regis Shares Are Surging Today

Regis Corp (NYSE:RGS) has partnered with Zenoti, a technology provider for beauty, wellness, and fitness businesses. As part of the partnership, Regis agreed to sell its proprietary salon management system, Opensalon Pro, to Zenoti. Zenoti will become the sole salon technology platform for all Regis brands. Regis will receive up to $39 million…

Benzinga

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Calavo Growers Names Ex-Tyson Foods Executive Shawn Munsell As CFO

Calavo Growers Inc (NASDAQ:CVGW) has appointed Shawn Munsell as its Chief Financial Officer, effective June 20. Before joining Calavo, Munsell led the finance and accounting functions for Tyson Foods, Inc's (NYSE:TSN) chicken segment as SVP of Finance and Accounting. He holds a bachelor's degree in economics with high honors from the University of Michigan and an…

Benzinga

25 Stocks Moving in Friday's Pre-Market Session

Gainers Regis Corporation (NYSE: RGS) rose 74.4% to $0.9753 in pre-market trading. Regis partnered with salon technology provider Zenoti to support its 5,000+ locations.

Benzinga

Disney To Fight It Out With Asia's Richest Man For IPL Rights As Amazon Said To Bow Out

Amazon, Inc. (NASDAQ: AMZN) is reportedly planning to drop off the race for rights to stream the Indian Premier League (IPL) cricket matches.

Benzinga

A Peek Into The Markets: US Stock Futures Mixed; Inflation Data In Focus

Pre-open movers U.S. stock futures traded mixed in early pre-market trade after the Dow Jones dropped by more than 600 points in the previous session. Investors are awaiting data on consumer prices for the month of May.

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Benzinga

69 Biggest Movers From Yesterday

Gainers Powerbridge Technologies Co., Ltd. (NASDAQ: PBTS) shares climbed 189.9% to close at $1.12 on Thursday.

Benzinga

Mastercard Brings Payments Network To NFTs And Web3

Payments giant Mastercard Inc (NYSE: MA) is opening up its payments network to NFTs and Web3.

Benzinga

Alibaba Cracks After Jack Ma's Ant Group Denies IPO Plans

The shares of Alibaba Group Holdings (NYSE: BABA) cracked after its financial affiliate Ant Group refuted media reports claiming that Beijin

Benzinga

Why Alibaba, Nio, Most Chinese Peers Are Stumbling In Hong Kong Today

Shares of U.S.-listed Chinese companies were trading mixed in Hong Kong on Friday morning, with major tech names like Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings Ltd (OTC: TCEHY), and Baidu Inc

Benzinga

Elon Musk Can't Stop Loving This Drink: 'Don't Care If It Lowers My Life Expectancy'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday professed his love for Coca-Cola Co’s (NYSE: KO) sugar-free carbonated drink Diet Coke.

Benzinga

Twitter Will Soon Alert You About New Product Drops: How It Works

Twitter Inc (NYSE: TWTR) says it is launching a new feature that will send notifications when sellers drop new products. What Happened: “Product Drops” was announced by the Jack Dorsey-founded company in a blog post on Wednesday.

Benzinga

Cathie Wood Adds $2.3M More Of This Gaming Stock On The Dip

Cathie Wood-led Ark Investment Management on Thursday raised its exposure in Roblox Corp (NYSE: RBLX) stock on the dip.

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