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The Latest Breaking News from NYSE

This Day In Market History: General Motors Declares Bankruptcy

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On June 1, 2009, General Motors Company (NYSE: GM) filed for Chapter 11 bankruptcy.

Executives Sell Over $100M Of 4 Stocks

Executives Sell Over $100M Of 4 Stocks

Gold futures traded lower this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

GSK Confirms Consumer Healthcare Unit Spin-off: What Investors Should Know

GSK Confirms Consumer Healthcare Unit Spin-off: What Investors Should Know

Close on the heels of an M&A deal, GlaxoSmithKline plc (NYSE: GSK) confirmed the spin-off of the consumer healthcare business it jointly owns with U.S. pharma giant Pfizer, Inc.

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Insiders Buy Around $2.5M Of 3 Penny Stocks

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment…

Morning Brief: Top Financial Stories Dominating on Wednesday, June 1

Reuters Redbird Capital Buys Italian Football Club AC Milan

Jim Cramer Shares His Opinion On Roblox, Century Aluminum And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he can’t recommend Roblox Corp (NASDAQ: RBLX) as it is not making money.

CNBC's Final Trades: Wells Fargo, Paramount Global, Archer-Daniels-Midland And This 'Dividend Aristocrat'

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Wells Fargo & Co (NYSE: WFC) “trades at 1x book and yields about 2%.”

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Pfizer To Quit GSK's Consumer Health JV Following Its Spin-Off

Pfizer To Quit GSK's Consumer Health JV Following Its Spin-Off

Pfizer Inc. (NYSE:PFE) intends to sell its 32% investment in Haleon, a consumer health joint venture with GSK plc (NYSE:GSK), after the business is spun out as an independent listed company in July, reported Reuters. Pfizer had previously indicated that it might seek to sell its stake in Haleon, a consumer health company and…

Senator Sherrod Brown Asks Wells Fargo To Right Past Wrongs

Senator Sherrod Brown Asks Wells Fargo To Right Past Wrongs

Sen. Sherrod Brown, Chair of the Senate Committee on Banking, Housing, and Urban Affairs, has asked Wells Fargo & Co (NYSE:WFC) to stop its mismanagement practices. In an open letter to CEO Charles Scharf, the senator urged the company to right past wrongs. "Recent revelations of racial disparities in mortgage lending, fake…

10 Biggest Price Target Changes For Wednesday

10 Biggest Price Target Changes For Wednesday

Keybanc cut Ambarella, Inc. (NASDAQ: AMBA) price target from $160 to $120. Ambarella shares fell 5% to $81.00 in pre-market trading.

Deutsche Bank's DWS CEO Resigns - Read Why

Deutsche Bank's DWS CEO Resigns - Read Why

Deutsche Bank AG (NYSE:DB) asset management subsidiary DWS said its Chief Executive Officer Asoka Woehrmann is set to step down on June 9. The resignation has happened following a search by investigators amidst the controversy surrounding the executive and allegations that the company inflated its ESG credentials, Bloomberg reported. Woehrmann will be succeeded by…

New Open-Source Twitter Competitor In Town: Interview With Aave's David Silverman On Lens Protocol For Decentralized Social Media

New Open-Source Twitter Competitor In Town: Interview With Aave's David Silverman On Lens Protocol For Decentralized Social Media

The recent $44 billion bid for Twitter Inc. (NYSE: TWTR) from Tesla Inc.

Lamborghini Sees E-Fuel Super Cars In Its Range Beyond 2030: Reuters

Lamborghini Sees E-Fuel Super Cars In Its Range Beyond 2030: Reuters

Italian luxury sports car manufacturer Lamborghini, part of Volkswagen AG (OTC:VWAGY), is preparing to have at least two supercars powered by e-fuels in its range beyond 2030, Reuters reported. In a newspaper interview, Chief Executive Officer Stephan Winkelmann said the company plans to convert its entire fleet to a hybrid between 2023 and…

18 Stocks Moving in Wednesday's Pre-Market Session

18 Stocks Moving in Wednesday's Pre-Market Session

Gainers Endo International plc (NASDAQ: ENDP) rose 46.1% to $0.7710 in pre-market trading after gaining over 12% on Tuesday.

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Nio Vs. XPeng Vs. Li Auto: How May Deliveries Stack Up

U.S.-listed Chinese electric vehicle manufacturers Nio, Inc. (NYSE: NIO), XPeng, Inc. (NYSE: XPEV) and Li Auto, Inc.

Acme United Renews Loan Facility With HSBC

Acme United Corp (NYSE:ACU) said it has renewed and increased its loan facility with HSBC Bank N.A. The agreement provides for borrowings up to $65 million (an increase of $15 million) at an interest rate of SOFR (Secured Overnight Financing Rate) of 1.75%. The loan facility will expire on May 31, 2026. The…

A Peek Into The Markets: US Stock Futures Mostly Higher; Crude Oil Rises Over 1%

Pre-open movers

77 Biggest Movers From Yesterday

Gainers TherapeuticsMD, Inc. (NASDAQ: TXMD) shares climbed 364% to close at $9.93 on Tuesday after the company announced it has entered into a definitive merger agreement to be acquired by an affiliate of EW Healthcare Partners.

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5 Stocks To Watch For June 1, 2022

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

Warren Buffett-Backed BYD Plans To Buy 6 African Lithium Mines: Here's How Many EVs They Can Cater To

China's BYD Co (OTC: BYDDY) is looking to acquire six lithium mines in Africa, CnEVpost said on Tuesday, citing a source-based

Why Alibaba, Nio, Chinese Peers Are Trading Mixed In Hong Kong Today

Shares of U.S.-listed Chinese companies were trading mixed in Hong Kong on Wednesday morning, with tech stocks taking a hit.

Cathie Wood Scoops Up $1.3M In Tesla As Stock Stays In The Red This Year

Cathie Wood-led Ark Investment Management added more Tesla Inc (NASDAQ: TSLA) stock to its portfolio on Tuesday, raising its exposure to the electric vehicle maker for the fourth time this month.

How Scotts Miracle-Gro Grew From A Grass Seed Supplier In Ohio To A Cannabis Giant With More Fields Yet To Till

CNN’s business section took a deep dive into one of the oldest companies in the U.S.: Scotts Miracle-Gro (NYSE: SMG), which as we know has taken its

Expert Ratings for EastGroup Props

Within the last quarter, EastGroup Props (NYSE:EGP) has observed the following analyst ratings:

Analyst Ratings for Lennox International

Lennox International (NYSE:LII) has observed the following analyst ratings within the last quarter:

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