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The Latest Breaking News from NYSE

Estee Lauder Opens New Distribution Center In Switzerland

Estee Lauder Companies Inc (NYSE:EL) has opened a new distribution center in Galgenen, Switzerland, to aid its global Travel Retail business. The 300,000 square foot facility will expand Estee’s existing distribution footprint in Switzerland. Travel Retail covers duty-free environments, including airports, downtown locations, airlines, cruises, and border shops. Travel Retail segment accounted for…

Benzinga

Merck, Ridgeback Announce New Molnupiravir Data From Late-Stage COVID-19 Study

Merck & Co Inc (NYSE:MRK) and Ridgeback Biotherapeutics announced that the Annals of Internal Medicine had published additional data from the Phase 3 MOVe-OUT trial of Lagevrio (molnupiravir) in non-hospitalized COVID-19 patients at high risk for progressing to severe disease. A lower proportion of molnupiravir-treated participants in the modified intent-to-treat population had an acute care…

Benzinga

Mid-Morning Market Update: Markets Open Lower; United Natural Foods Tops Q3 Views

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 100 points on Tuesday.

Benzinga

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6 Analysts Have This to Say About Science Applications Intl

Within the last quarter, Science Applications Intl (NYSE:SAIC) has observed the following analyst ratings:

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Where Hyatt Hotels Stands With Analysts

Analysts have provided the following ratings for Hyatt Hotels (NYSE:H) within the last quarter:

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Benzinga's Top Ratings Upgrades, Downgrades For June 7, 2022

Upgrades

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Science Applications Intl's Return On Capital Employed Overview

According to Benzinga Pro, during Q1, Science Applications Intl (NYSE:SAIC) earned $74.00 million, a 68.18% increase from the preceding quarter. Science Applications Intl also posted a total of $2.00 billion in sales, a 12.01% increase since Q4.

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LCI Industries Earnings Perspective: Return On Invested Capital

According to Benzinga Pro, during Q1, LCI Industries (NYSE:LCII) earned $196.18 million, a 138.29% increase from the preceding quarter. LCI Industries also posted a total of $1.65 billion in sales, a 35.61% increase since Q4.

Benzinga

If You Invested $1,000 In VICI Properties 3 Years Ago, Here's How Much You'd be Making in Dividends Now

One of the fastest-growing, and perhaps most promising, real estate investment trusts (REITs) right now is VICI Properties Inc. (NYSE: VICI), which is being added to the S&P 500 index this week.

Benzinga

These 2 Hospitality REITs Are Finally Priced To Buy

After a difficult two years, the hospitality sector is bouncing back. Most of the U.S. population is vaccinated with more countries opening up their borders. Now could be a prime time to buy undervalued hospitality real estate investment trusts (REITs) with high growth potential.

Benzinga

Why Costco Stock Is Sliding Today

Costco Wholesale Corp (NASDAQ: COST) shares are trading lower alongside several retailers in sympathy with Target Corp (NYSE: TGT), which announced an inventory optimization plan that will result in addition

Benzinga

CNBC's Final Trades: Rockwell Automation, Generac Holdings, Unum And This Payments Stock

On CNBC’s “Halftime Report Final Trades,” Shannon Saccocia of Boston Private chose Rockwell Automation (NYSE: ROK), saying that as production resumes in the

Benzinga

Here's What Jim Cramer Has To Say About Realty Income, Energy Transfer And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Energy Transfer LP (NYSE: ET) is "worth owning, because that whole group is going up and going up big."

Benzinga

Where United Parcel Service Stands With Analysts

Analysts have provided the following ratings for United Parcel Service (NYSE:UPS) within the last quarter:

Benzinga

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Analyst Ratings for Howmet Aerospace

Within the last quarter, Howmet Aerospace (NYSE:HWM) has observed the following analyst ratings:

Benzinga

Why Kohl's Stock Is Moving Higher Today

Kohl's Corp (NYSE: KSS) shares are trading higher Tuesday after the company's board announced it has entered into exclusive negotiations with Franchise Group in relation to the Group's proposal to acquire Kohl's for $60 per share.

Benzinga

Where MP Materials Stands With Analysts

Analysts have provided the following ratings for MP Materials (NYSE:MP) within the last quarter:

Benzinga

What 5 Analyst Ratings Have To Say About PPL

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

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news in one place.

100’s of premium titles.
One news app.

Benzinga

Chico's FAS Q1 Earnings Top Estimates, Lifts FY22 Outlook

Chico's FAS Inc (NYSE:CHS) reported first-quarter FY22 sales growth of 39.4% year-on-year to $540.92 million, beating the consensus of $490.10 million. The comparable sales increased 41% versus last year, surpassing 2019 levels by 11%. The gross margin for the quarter expanded 730 basis points Y/Y to 40%. The operating margin was 8.4%, and…

Benzinga

JP Morgan Sees Buying Opportunities In Alibaba And Other Chinese Stocks Citing These Reasons

The 2021's deep selloff in Chinese stocks could finally be on the verge of a turnaround, Bloomberg quoted JP Morgan Chase & Co (NYSE:JPM) strategist Marko Kolanovic. Kolanovic expected the Chinese equities to have reached their turning point with ease in lockdowns, continued growth support measures, and possible relaxation in the regulatory crackdown.…

Benzinga

10 Biggest Price Target Changes For Tuesday

Keybanc cut Coupa Software Incorporated (NASDAQ: COUP) price target from $125 to $100. Coupa Software shares rose 0.9% to $72.74 in pre-market trading.

Benzinga

J M Smucker Stock Slides On Gloomy FY23 Outlook

J M Smucker Co (NYSE:SJM) reported fourth-quarter FY22 sales growth of 6% year-on-year to $2.03 billion, beating the consensus of $1.98 billion. Net sales excluding divestitures and foreign currency exchange increased 9%. Adjusted EPS of $2.23 beat the analyst consensus of $1.88. Gross profit decreased 9% Y/Y to $666.7 million and the gross…

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, June 7

Reuters

Benzinga

United Natural Foods Q3 Earnings Surpass Street View, Raises FY22 Outlook

United Natural Foods Inc (NYSE:UNFI) reported third-quarter FY22 sales growth of 9.2% year-on-year to $7.24 billion, beating the consensus of $7.10 billion. The gross margin in the third quarter was 14% versus 14.6% last year. The operating margin was 1.7%, and operating income for the quarter jumped 33.7% to $123 million. Adjusted EBITDA…

Benzinga

J&J Serves Notice To Emergent For Terminating COVID-19 Shot Contract As Two Accuse Each Other Of Breach Of Agreement

Johnson & Johnson (NYSE: JNJ) has made another move towards severing its Covid-19 vaccine manufacturing ties with contract manufacturer Emergent Biosolutions, Inc. (NYSE: EBS).

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