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The Latest Breaking News from NYSE

Winnebago Industries Q3 Earnings Top Estimates; Warns On Inflation Pressures

Winnebago Industries Inc (NYSE:WGO) reported third-quarter FY22 sales growth of 52% year-on-year, to $1.46 billion, beating the consensus of $1.20 billion. Towable segment revenue grew 45% Y/Y to $805.6 million, driven by pricing increases and solid unit growth due to a strong dealer order backlog. Motorhome revenue of $516.3 million increased 34% Y/Y.…

Benzinga · Jun 22, 2022

Expert Ratings for Burlington Stores

Burlington Stores (NYSE:BURL) has observed the following analyst ratings within the last quarter:

Benzinga · Jun 22, 2022

4 Analysts Have This to Say About Brixmor Property Group

Analysts have provided the following ratings for Brixmor Property Group (NYSE:BRX) within the last quarter:

Benzinga · Jun 22, 2022

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What 7 Analyst Ratings Have To Say About JELD-WEN Holding

Within the last quarter, JELD-WEN Holding (NYSE:JELD) has observed the following analyst ratings:

Benzinga · Jun 22, 2022

Expert Ratings for Scotts Miracle Gro

Analysts have provided the following ratings for Scotts Miracle Gro (NYSE:SMG) within the last quarter:

Benzinga · Jun 22, 2022

Analyst Ratings for Otis Worldwide

Within the last quarter, Otis Worldwide (NYSE:OTIS) has observed the following analyst ratings:

Benzinga · Jun 22, 2022

Expert Ratings for JELD-WEN Holding

Within the last quarter, JELD-WEN Holding (NYSE:JELD) has observed the following analyst ratings:

Benzinga · Jun 22, 2022

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Ford To Produce Next Wave Of Electric Vehicles In Spain

Ford Motor Co. (NYSE: F) has announced it will manufacture its next generation of electric vehicles at its factory in Valencia, Spain.

Benzinga · Jun 22, 2022

Uber, Lyft Drivers File Antitrust Case Against Ride Hailing Companies

A group of Uber Technologies, Inc (NYSE:UBER) and Lyft, Inc (NASDAQ:LYFT) drivers slapped an antitrust lawsuit on the companies for unfairly controlling passenger fares. The drivers claimed that lower consumer fares would provide them with "the most competitive compensation." The suit adds that companies hurt driver earnings by charging higher fares to the customers. The lawsuit…

Benzinga · Jun 22, 2022

Jim Cramer Shares His Takes On Marathon Oil, T Rowe Price Group And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Marathon Oil Corp (NYSE: MRO) because he likes the oils. But he recommended not getting greedy.

Benzinga · Jun 22, 2022

Read Why This Analyst Cut Bed Bath And Beyond's Price Target By 60%

Telsey Advisory Group analyst Cristina Fernández lowered the price target on Bed Bath & Beyond Inc (NASDAQ:BBBY) to $6 from $15, implying a 10.45% downside. The analyst maintained an Underperform rating on the shares. The analyst is taking a subdued view due to more negative commentary from mass retailers like Big Lots, Inc. (NYSE:BIG), Target Corp (NYSE:TGT), and Walmart Inc (NYSE:WMT)…

Benzinga · Jun 22, 2022

CNBC's Final Trades: Union Pacific, Snap, Archer-Daniels-Midland And This Way To Gain Energy Exposure

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said she liked the rails, particularly Union Pacific Corporation (NYSE: UNP).

Benzinga · Jun 22, 2022

Why Winnebago Industries Stock Is Climbing Today

Winnebago Industries Inc (NYSE: WGO) shares are trading higher Wednesday after the company reported better-than-expected financial results.

Benzinga · Jun 22, 2022

China Sentences Man Linked To Alibaba Employee Sexual Assault Case

A China court sentenced a man to 18 months in prison for being involved in Alibaba Group Holding Limited (NYSE:BABA) female employee sexual assault case, the Global Times reports. The court held Zhang Guo guilty of forcible indecency against a female employee surnamed Zhou of Alibaba Group during a business dinner in July…

Benzinga · Jun 22, 2022

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Benzinga · Jun 22, 2022

Benzinga Before The Bell: Executive Shakeup At Amazon, Boeing Supply Chain Warning, Apple's Tim Cook Says 'Stay Tuned' On AR/MR And Other Top Financial Stories Wednesday, June 22

CNBC Moderna To establish New Vaccine Facility In Britain

Benzinga · Jun 22, 2022

Why Precision BioSciences Shares Are Surging Today

Precision BioSciences Inc (NASDAQ:DTIL) has entered into an exclusive worldwide in vivo gene editing research and development collaboration and license agreement with Novartis AG (NYSE:NVS) Precision will develop a custom ARCUS nuclease that will be designed to insert, in vivo, a therapeutic transgene at a "safe harbor" location in the genome as a potential one-time…

Benzinga · Jun 22, 2022

Boeing Says Supply Chain Issues To Persist Through Majority Of 2023

Boeing Co (NYSE:BA) expects supply chain problems to persist almost until the end of 2023, led by labor shortages at mid-tier and smaller suppliers, partly due to the faster-than-expected return of demand, reported Reuters, citing BA's chief executive on Wednesday. "The shift from demand to now supply issues ... is remarkable, the…

Benzinga · Jun 22, 2022

There's Gold In Them Thar Hills: Canadian Jr. Miner Reinforces Significant Gold Discovery Between Active Mines

On Wednesday, Tower Resources, Ltd (OTC: TWRFF) (TSXV: TWR) announced the assay results for the first two holes of its six-hole delineation program, intended to establish the strike, dip and thickness of its gold resour

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Benzinga · Jun 22, 2022

Meta, Microsoft, Alibaba, Others Form Metaverse Governing Body; Apple's Name Missing

Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), Alibaba Group Holding Limited (NYSE:BABA), and other tech giants striving to build the emerging metaverse concept have formed a group to foster the development of industry standards. The initiatives look to make the companies' nascent digital worlds compatible. The Metaverse Standards Forum includes leading companies working in the space, from…

Benzinga · Jun 22, 2022

Recap: Winnebago Industries Q3 Earnings

Winnebago Industries (NYSE:WGO) reported its Q3 earnings results on Wednesday, June 22, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga · Jun 22, 2022

How About Reducing Nicotine Levels In Tobacco Products? Biden Administration Working On Cap Plan

The Biden administration signaled that it would develop a proposed rule to establish a maximum nicotine level to reduce the addictiveness of cigarettes and certain other combusted tobacco products. The goal of the potential rule would be to reduce youth use, addiction, and death.

Benzinga · Jun 22, 2022

10 Biggest Price Target Changes For Wednesday: Verizon, PayPal, Kellogg, Dow, Bed Bath & Beyond, Booking And More

RBC Capital cut Verizon Communications Inc. (NYSE: VZ) price target from $57 to $54. Verizon shares fell 0.9% to $50.22 in pre-market trading.

Benzinga · Jun 22, 2022

21 Stocks Moving in Wednesday's Pre-Market Session: Revlon, La-Z-Boy, Houston American, Ovintiv And More

Gainers Codex DNA, Inc. (NASDAQ: DNAY) rose 64.5% to $3.52 in pre-market trading after declining 10% on Tuesday.

Benzinga · Jun 22, 2022

Toyota Cuts July Production Citing Parts Shortage

Toyota Motor Corp (NYSE:TM) has cut its July global production plan by 50,000 vehicles due to the parts shortage resulting from the spread of COVID-19. The company expects the global production volume for July to be approximately 800,000 units (250,000 units in Japan and 550,000 units overseas). The auto major has decided to…

Benzinga · Jun 22, 2022

Earnings Scheduled For June 22, 2022

Companies Reporting Before The Bell • Korn Ferry (NYSE:KFY) is expected to report quarterly earnings at $1.55 per share on revenue of $680.71 million.

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