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The Latest Breaking News from NYSE

Here's Why General Motors Stock Looks Set To Drop Further

General Motors Company (NYSE: GM) was plunging about 8% lower on Thursday after two bullish days caused the stock to rise almost 5%. The decline on Thursday a reaction to a bear flag that General Motors had settled into on the daily chart.

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The Fed Raised Interest Rates By Historical Numbers: How You Can Combat Surging Inflation

The Federal Reserve and its Chair, Jerome Powell, raised interest rates by three-quarters of a percentage point on Wednesday, June 15th, 2022. The raise is the highest of its kind in nearly 30 years. Desperate times call for desperate measures, and The Fed is no exception, as it attempts to…

Benzinga

Toyota Stretches Japan Production Cut Citing Chip Shortage

Toyota Motor Corp (NYSE:TM) plans an additional domestic factory line production suspension in June and July. The auto major took the decision citing an auto parts shortage resulting from the spread of COVID-19. The number of units affected by the suspensions will be about 40,000, bringing down the global production plan for June to…

Benzinga

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Expert Ratings for Intl Flavors & Fragrances

Within the last quarter, Intl Flavors & Fragrances (NYSE:IFF) has observed the following analyst ratings:

Benzinga

5 Analysts Have This to Say About Republic Services

Republic Services (NYSE:RSG) has observed the following analyst ratings within the last quarter:

Benzinga

Expert Ratings for Sociedad Quimica Y Minera

Analysts have provided the following ratings for Sociedad Quimica Y Minera (NYSE:SQM) within the last quarter:

Benzinga

Wabtec Acquires Collins Aerospace's ARINC Rail Solutions Business

Westinghouse Air Brake Technologies Corp (NYSE:WAB) (Wabtec) has acquired Raytheon Technologies Corp's (NYSE:RTX) Collins Aerospace business segment ARINC rail solutions, a provider of intelligence-based rail dispatch and back-office solutions. Deal terms were not disclosed. "ARINC's rail solutions systems, coupled with Wabtec's digital and electronics portfolio, will accelerate the industry's journey of rail optimization," commented…

Benzinga

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Verizon Slashes Broadband Prices For Domestic Mobile Users By 38%

Verizon Communications Inc (NYSE:VZ) slashed its home broadband price to $25 a month for wireless customers in select areas where its Fios fiber network and wireless internet service are available. Verizon will launch the plan in over 2,700 cities to customers with premium 5G mobile plans to help them beat the inflation. The…

Benzinga

Bavarian Nordic Launches COVID-19 Booster Study To Compare Against Pfizer/BioNTech Shot

As Bavarian Nordic A/S (OTC: BVNRY) was in the headlines recently due to the smallpox vaccine amid rising cases of monkeypox, the company is also getting ready to evaluate its COVID-19 booster, ABNCoV2, in a pivotal study. ABNCoV2 is a next-generation COVID-19 vaccine candidate, initially developed by AdaptVac, Denmark using their proprietary capsid virus-like…

Benzinga

Mid-Day Market Update: Dow Tumbles 700 points; Advent Technologies Shares Spike Higher

U.S. stocks traded lower midway through trading, after the Federal Reserve raised fed funds rates by 0.75% to a new target range of between 1.5% and 1.75% on Wednesday.

Benzinga

37 Stocks Moving In Thursday's Mid-Day Session

Gainers Advent Technologies Holdings, Inc. (NYSE: ADN) shares jumped 153% to $2.94 after the company announced it received notification of euro 782.1 million of funding from the Greek State for the IPCEI Green HiPo project.

Benzinga

Parsons Assists US Defense Health Agency On Omnibus IV Contract

The U.S. Defense Health Agency (DHA) has selected Parsons Corp (NYSE:PSN) to provide health-related research and development and additional activities of interest for the Department of Defense and the Military Healthcare System. Omnibus IV is a five-year multiple-award IDIQ contract with one five-year option period and a $10 billion ceiling value. The Omnibus…

Benzinga

BZ Chart Of The Day: Berkshire Hathaway Breaks Critical Support

Shares of Berkshire Hathaway Inc. (NYSE: BRK-B) have broken an important support level. That means there’s a chance they will continue to fall even further.

Benzinga

Ryder Opens New Freight Brokerage Office In Nashville

Ryder System, Inc. (NYSE:R) expands its freight brokerage business with a new office in Nashville, Tennessee, a burgeoning U.S. logistics hub, followed by two additional locations planned to open in 2023. Ryder now has freight brokerage offices in Novi, Michigan, and Fort Worth, Texas, as well as the new Nashville location, which opened…

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16 Analysts Have This to Say About AZEK Co

Within the last quarter, AZEK Co (NYSE:AZEK) has observed the following analyst ratings:

Benzinga

Truist Securities Maintains Buy Rating for AZEK Co: Here's What You Need To Know

Truist Securities has decided to maintain its Buy rating of AZEK Co (NYSE:AZEK) and lower its price target from $34.00 to $30.00. Shares of AZEK Co are trading down 13.06% over the last 24 hours, at $15.95 per share. A move to $30.00 would account for a 88.15% increase from…

Benzinga

Looking Into Illinois Tool Works's Recent Short Interest

Illinois Tool Works's (NYSE:ITW) short percent of float has risen 5.82% since its last report. The company recently reported that it has 6.20 million shares sold short, which is 2.0% of all regular shares that are available for trading.

Benzinga

Expert Ratings for Meritage Homes

Within the last quarter, Meritage Homes (NYSE:MTH) has observed the following analyst ratings:

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Benzinga

Baird Maintains Outperform Rating for AZEK Co: Here's What You Need To Know

Baird has decided to maintain its Outperform rating of AZEK Co (NYSE:AZEK) and lower its price target from $30.00 to $28.00. Shares of AZEK Co are trading down 13.06% over the last 24 hours, at $15.95 per share. A move to $28.00 would account for a 75.6% increase from the…

Benzinga

5 REITs With Massive Dividend Yields

Plenty of real estate investment trusts (REITs) pay dividends, but some of them have much higher yields than the rest. REITs are designed to appeal to income-oriented investors rather than those interested mainly in growth. Sometimes these types of investments deliver both, but the big dividends are usually the main…

Benzinga

Short Volatility Alert: PetroChina Company Limited

On Wednesday, shares of PetroChina Company Limited (NYSE: PTR) experienced volatile short activity. After the activity, the stock price went down -1.36% to $53.57. The overall sentiment for PTR has been Bullish.

Benzinga

Short Volatility Alert: Suzano S.A.

On Wednesday, shares of Suzano S.A. (NYSE: SUZ) experienced volatile short activity. After the activity, the stock price went up 2.04% to $10.02. The overall sentiment for SUZ has been Bearish.

Benzinga

What's Going On With Snowflake Stock?

Snowflake Inc (NYSE: SNOW) shares are trading lower Thursday amid overall market weakness as stocks move lower following Wednesday's Fed rate hike announcement.

Benzinga

Stantec Secures HART Contract Extension

Stantec Inc (NYSE:STN) has been selected to continue construction engineering and inspection services for the east section of Honolulu Authority for Rapid Transportation's (HART) driverless and electric light rail project. The $119 million contract extends Stantec's existing construction and engineering services to HART. It will run until the end of 2026, with the…

Benzinga

Why Disney Stock Looks Headed For New 52-Week Lows

Walt Disney Co (NYSE: DIS) stock was losing ground in sympathy with the general market Thursday, which saw the S&P 500 gap down and begin to fall further intraday.

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