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The Latest Breaking News from NYSE

World Wrestling Enter Earnings Perspective: Return On Capital Employed

According to Benzinga Pro, during Q1, World Wrestling Enter (NYSE:WWE) earned $66.04 million, a 3.37% increase from the preceding quarter. World Wrestling Enter also posted a total of $333.40 million in sales, a 7.44% increase since Q4.

Benzinga

Looking Into Adtalem Global Education's Return On Capital Employed

Pulled from Benzinga Pro data, Adtalem Global Education (NYSE:ATGE) posted Q3 earnings of $349.84 million, an increase from Q2 of 1859.57%. Sales dropped to $365.62 million, a 1.5% decrease between quarters.

Benzinga

Dolby Laboratories Earnings Perspective: Return On Capital Employed

Pulled from Benzinga Pro data, Dolby Laboratories (NYSE:DLB) posted Q2 earnings of $36.52 million, an increase from Q1 of 54.36%. Sales dropped to $334.37 million, a 4.91% decrease between quarters.

Benzinga

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New Jersey Resources's Return On Capital Employed Insights

According to Benzinga Pro data New Jersey Resources (NYSE:NJR) posted a 13.72% decrease in earnings from Q1. Sales, however, increased by 34.99% over the previous quarter to $912.32 million.

Benzinga

Q1 Earnings Miss, Dismal Outlook, CFO Appointment: Burlington Stores' Q1 Highlights

Burlington Stores, Inc. (NYSE:BURL) reported a first-quarter FY22 sales decline of 12% year-on-year to $1.93 billion, missing the consensus of $2.04 billion. Comparable store sales decreased by 18%. The gross margin contracted by 230 basis points Y/Y to 41%. The total costs and expenses fell 3.5% Y/Y to $1.9 billion. Adjusted EBIT was…

Benzinga

Why Snowflake Stock Is Falling Today

Snowflake Inc (NYSE: SNOW) shares are trading lower Thursday after the company reported financial results and issued guidance below analyst estimates.

Benzinga

Why Buckle Shares Are Surging Today

Buckle Inc (NYSE:BKE) reported first-quarter FY22 sales growth of 3.3% year-on-year to $309.06 million, beating the consensus of $291.76 million. Comparable store net sales for the quarter increased by 3.7% versus last year. Online sales increased 1.1% Y/Y to $54.3 million. EPS of $1.12 beat the analyst consensus of $0.89. Gross profit rose…

Benzinga

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Broadcom To Acquire VMware In $61B Deal: What Investors Need To Know

Broadcom Inc (NASDAQ: AVGO) on Thursday announced it will acquire Vmware Inc (NYSE: VMW) in a cash-and-stock transaction that values the multi-cloud company at approximately $61 billion.

Benzinga

The Daily Biotech Pulse: Setback For NRx Pharma's COVID Study, Fast Track Tag For Pfizer's NASH Combo Therapy, Reata's Ataxia Drug In FDA Review

Here's a roundup of top developments in the biotech space over the last 24 hours:

Benzinga

Why Build-A-Bear Workshop Shares Are Surging Today

Build-A-Bear Workshop Inc (NYSE:BBW) reported first-quarter FY22 sales growth of 28.4% year-on-year to $117.7 million, beating the consensus of $98.29 million. Net retail sales rose 26.6% Y/Y, and e-commerce demand grew 2.1%. Gross profit increased 27.7% Y/Y to $61.8 million. The gross margin of 52.5% contracted by 30 basis points Y/Y. The company…

Benzinga

Why Alibaba Shares Are Rising Today

Alibaba Group Holding Limited (NYSE: BABA) reported fourth-quarter FY21 revenue growth of 9% year-on-y

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, May 26

CNBC Two Major Tech Deals Come Under UK Government Scrutiny

Benzinga

Canada's Telus Withdraws Its $830M Bid For Australia's Appen: Reuters

Telus International (TSX:TIXT) (NYSE: TIXT) made and then unexpectedly withdrew a A$1.2 billion ($830 million) acquisition offer for Australian rival Appen Ltd (OTC: APPEF),

Benzinga

Why Dollar General Shares Are Gaining Today

Dollar General Corp (NYSE:DG) reported first-quarter FY22 sales growth of 4.2% year-on-year to $8.75 billion, beating the consensus of $8.70 billion. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by the slight decline in same-store sales and the impact of store closures. Same-store sales decreased…

Benzinga

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Benzinga

Another Chinese Car Tech Company Aspires To Go Public Via SPAC Merger After DiDi's Debacle

Billionaire Li Shufu-backed car technology company Ecarx Holdings Inc looks to go public via a special purpose acquisition company (SPAC) merger with Cova Acquisition Corp (NASDAQ:COVA). Ecarx, founded in 2017 by Geely Automobile Holdings Ltd's (OTC:GELYY) Shufu and Ziyu Shen, develops software and hardware like digital cockpit and infotainment systems for cars, Bloomberg reports. Ecarx serves both combustion-powered vehicles…

Benzinga

Sony Goes Aggressive On Gaming Pursuit - Read How

Sony Group Corp's (NYSE:SONY) PlayStation division looks to acquire more game studios and increase investment in live services, PC and mobile offerings, its gaming chief said, Bloomberg, reports. Sony is yet to expand PlayStation Studios inorganically and will look to keep forging deals, Jim Ryan said. Sony spent nearly half its PlayStation…

Benzinga

Venture Global 'Secretly' Started Constructing $13B LNG Plant On US Gulf Coast

The Financial Times reported that Venture Global LNG would build one of the largest new liquefied natural gas export plants in the U.S. on the Louisiana coast.

Benzinga

Two Major Tech Deals Come Under UK Government Scrutiny

The U.K. will review Altice USA Inc's (NYSE:ATUS) increased stake in BT Group plc (OTC:BTGOF) after Business Secretary Kwasi Kwarteng exercised new takeover powers focusing on national security, reports CNBC. The company announced that the U.K. Business Secretary Kwasi Kwarteng is "calling in" its deal with Altice, which telecom magnate Patrick Drahi owns. BT Group said it…

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news in one place.

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Benzinga

Why Macy's Shares Are Surging Today

Macy’s Inc (NYSE:M) reported first-quarter FY22 sales growth of 13.6% year-on-year to $5.35 billion, beating the consensus of $5.33 billion. Comparable sales increased 12.8% on an owned basis and up 12.4% on an owned plus licensed basis versus Q1 2021. Digital sales climbed 2% versus Q1 FY21 and 34% versus Q1 FY19. The…

Benzinga

Build-A-Bear Workshop: Q1 Earnings Insights

Build-A-Bear Workshop (NYSE:BBW) reported its Q1 earnings results on Thursday, May 26, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

MINISO Group Holding: Q3 Earnings Insights

MINISO Group Holding (NYSE:MNSO) reported its Q3 earnings results on Thursday, May 26, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Benzinga

Cathie Wood's Ark Invest Adds Tesla Stock For Third Time This Week

Cathie Wood-led Ark Invest added more Tesla Inc (NASDAQ: TSLA) stock to its portfolio on Wednesday, raising its exposure to the electric vehicle maker for the third time in a row this week.

Benzinga

20 Stocks Moving in Thursday's Pre-Market Session

Gainers TC Biopharm (Holdings) Plc (NASDAQ: TCBP) shares rose 51.2% to $0.9603 in pre-market trading after dipping 18% on Wednesday.

Benzinga

Twitter To Settle Complaint Alleging It Used User Phone Numbers To Target Ads For $150M

Twitter Inc (NYSE: TWTR) will pay $150 million in civil penalties after the social media platform settled a complaint that alleged that the company used its members’ email addresses and phone numbers to target them with advertisements.

Benzinga

A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of GDP, Jobless Claims Data

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