The Latest Breaking News from NYSE

One of the major indices, the S&P 500, is down more than 2% for the week.

Flowers Foods, Inc. (NYSE:FLO) reported first-quarter sales growth of 10.3% year-over-year to $1.436 billion, beating the consensus of $1.40 billion. Branded retail sales increased 11% Y/Y to $956.1 million, store-branded retail $173.6 million (+6.9% Y/Y), while non-retail and other sales increased 10.2% Y/Y to $306.2 million. Adjusted EPS was $0.44, above the…

Someone with a lot of money to spend has taken a bearish stance on Altria Group (NYSE:MO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Walmart Inc (NYSE: WMT) shares tanked on Tuesday after the company’s quarterly earnings missed Street expectations by a wide margin, mainly due to rising fuel costs and higher inventory levels.

Truist analyst Youssef Squali believed that the slowdown in online sales would affect Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA). 

Deutsche Bank AG (NYSE:DB) is among several investment banks included in a comprehensive industry-wide U.S. regulatory probe, Bloomberg reports. The investigation determines the degree of employee reliance on private communication channels like Meta Platforms Inc (NASDAQ:FB) WhatsApp to conduct business. Deutsche Bank tested new software to improve its ability to archive messages and has…

Lear Corp (NYSE:LEA) has agreed to acquire Thagora Technology SRL, a privately held company specializing in material utilization hardware and software technologies based in Iasi, Romania. The financial terms were not disclosed. "Thagora offers Lear access to scalable, smart-manufacturing tools that will be a valuable addition to our business," said Frank Orsini, Lear…

By Lisa Thompson NYSE:DSS READ THE FULL DSS RESEARCH REPORT

Over the last five years, Ark Invest CEO Cathie Wood has been one of the biggest bulls on electric vehicle company Tesla Inc (NASDAQ: TSLA).