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The Latest Breaking News from NYSE

18 Analysts Have This to Say About S&P Global

Analysts have provided the following ratings for S&P Global (NYSE:SPGI) within the last quarter:

Benzinga

Ciena Shares Drop On Q2 Miss; Clocks 14% Revenue Growth Aided By Order Flow, Backlog

Ciena Corp (NYSE:CIEN) reported second-quarter FY22 revenue growth of 13.8% year-on-year to $949.2 million, missing the consensus of $950.8 million. Segments: Total Networking Platforms revenue rose by 15.3% Y/Y to $734.5 million, and Total Global Services increased 10.9% Y/Y to $128.7 million. Margins: The adjusted gross margin contracted 620 bps to 43% as costs surged…

Benzinga

Jim Cramer Likes This Stock Over Olaplex

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he prefers Danaher Corporation (NYSE: DHR) over InMode Ltd. (NASDAQ: INMD).

Benzinga

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Under Armour And 2 Other Stocks Insiders Are Buying

Although the Dow Jones dropped more than 175 points on Wednesday, there were a few notable insider trades.

Benzinga

10 Biggest Price Target Changes For Thursday

Morgan Stanley cut S&P Global Inc. (NYSE: SPGI) price target from $419 to $401. S&P Global shares fell 0.1% to $331.84 in pre-market trading.

Benzinga

Morning Brief: Top Financial Stories Dominating on Thursday, June 2

Reuters

Benzinga

Hormel Foods Manages To Beat Q2 Estimates; Narrows FY22 EPS Outlook

Hormel Foods Corp (NYSE:HRL) reported second-quarter FY22 sales growth of 19% to $3.09 billion, beating the consensus of $3.07 billion. Net sales for Refrigerated Foods increased 13% Y/Y, Grocery Products rose 39%, Jennie-O Turkey Store climbed 16%, and International & other sales fell 1%. EPS of $0.48 beat the analyst consensus of $0.47.…

Benzinga

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Delta, United Airlines Positive On Post-Pandemic Spending: Reuters

Delta Air Lines Inc (NYSE:DAL) and United Airlines Holdings Inc (NASDAQ:UAL) downplayed the prospect of a U.S. economic recession, saying a shift in consumer spending from goods to services would keep their businesses afloat, reported Reuters. Delta Airlines lifted its June quarter's revenue guidance but on a lower capacity than planned. Related: Why Delta Air Lines…

Benzinga

Cathie Wood Scoops Up $1.2M More In This Crypto-Linked Fintech On The Dip

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) as it scooped up 17,382 shares, estimated to be worth $1.19 million, in the cryptocurrency exchange.

Benzinga

Toshiba Gets Privatization Proposals - Guess How Many Are Interested

Japanese multinational Toshiba Corp (OTC:TOSYY) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan. The proposals received are not legally…

Benzinga

Pfizer Seeks FDA Approval For Three Covid Vaccine Doses For Children Below Five

Partners Pfizer, Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) urged the FDA to authorize three vaccine doses for children below five, the Wall Street Journal reports. The companies previously asserted that three doses of the shot were 80% effective at preventing symptomatic Covid-19 with robust immune response in children between six months to five years. After mixed results…

Benzinga

24 Stocks Moving in Thursday's Pre-Market Session

Gainers Immix Biopharma, Inc. (NASDAQ: IMMX) rose 42.2% to $2.63 in pre-market trading after declining around 14% on Wednesday. Immix Biopharma, last month, announced positive interim data from an animal study in Soft Tissue Sarcoma (STS).

Benzinga

A Peek Into The Markets: US Stock Futures Gain Ahead Of Economic Reports; Crude Oil Down Over 2%

Pre-open movers

Benzinga

62 Biggest Movers From Yesterday

Gainers Missfresh Limited (NASDAQ: MF) jumped 51.1% to close at $0.2450 on Wednesday.

Benzinga

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Benzinga

Calvin Klein Parent PVH's Q1 Earnings Top Estimates

PVH Corp (NYSE:PVH) reported first-quarter FY22 sales growth of 2% to $2.12 billion, beating the consensus of $2.09 billion. Revenue increased 7% on a constant currency basis. Tommy Hilfiger's revenue increased 2% Y/Y, and Calvin Klein registered a 13% growth. Heritage Brands' revenue decreased by 31%. EPS of $1.94 beat the analyst consensus…

Benzinga

Now You Can Get A Garmin Runner Watch That Charges With Solar Power

Garmin Ltd. (NYSE: GRMN) has given its loyal customer base one more reason to lap up its running watch series Forerunner. The manufacturer of wireless devices unveiled Forerunner 955 Solar earlier this week.

Benzinga

5 Stocks To Watch For June 2, 2022

Some of the stocks that may grab investor focus today are:

Benzinga

Government's Plan To Tackle Amazon, Walmart Dominance In India Begins To Take Shape

In a bid to break Amazon Inc (NASDAQ: AMZN) and Walmart Inc's (NYSE: WMT) duopoly in the country's e-commerce sector, India is lining up banks and other key players to set up its own "buyer platforms.&quo

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Benzinga

Chevy Bolt EVs To Be $6,000 Cheaper In Aftermath Of Recall Nightmare

General Motors Co (NYSE: GM) on Wednesday revealed a lower price for its 2023 Chevrolet Bolt EV as it looks to boost sales after being slammed by a huge recall due to fire risks that shut down sales and production for several months of the last year.

Benzinga

Ford CEO Says Chinese EV Makers 'Incredibly Undervalued,' Expects A 'Shakeout' Soon

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday that Chinese electric vehicle firms are “incredibly undervalued” and that he expects them to become more important in the future.

Benzinga

Derek Jeter Finally Joins Twitter, Instagram: Is It Just To Promote His ESPN Series?

One of the greatest baseball players of the past 40 years joined several social media platforms Tuesday. Was the move him wanting to interact with his fan base or a way to promote his new docuseries?

Benzinga

Here's How Much You Would Have Made Owning Mettler-Toledo Intl Stock In The Last 15 Years

Mettler-Toledo Intl (NYSE:MTD) has outperformed the market over the past 15 years by 11.55% on an annualized basis producing an average annual return of 18.52%. Currently, Mettler-Toledo Intl has a market capitalization of $28.65 billion.

Benzinga

Sociedad Quimica Y Minera Whale Trades For June 01

Someone with a lot of money to spend has taken a bearish stance on Sociedad Quimica Y Minera (NYSE:SQM). 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.

Benzinga

What Are Whales Doing With Valero Energy

Someone with a lot of money to spend has taken a bearish stance on Valero Energy (NYSE:VLO). 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.

Benzinga

Shopify Whale Trades For June 01

Someone with a lot of money to spend has taken a bearish stance on Shopify (NYSE:SHOP). 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.

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