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The Latest Breaking News from NYSE

Fastly, Inc (NYSE:FSLY) agreed to repurchase $235 million of its outstanding 0% Convertible Senior Notes due 2026 for $176.2 million in cash, implying a 25% discount. The repurchase price is based on Fastly's May 23 closing price of $11.85. The transaction is likely to close on May 31, leading to the cancellation of…

Benzinga

Taiwan Continues Its Crusade Against Chinese Companies For Alleged Poaching Of Chip Engineers

Taiwan officers raided ten Chinese companies or their R&D centers suspected of illegally poaching chip engineers and other tech talents, Reuters reports as per the island's Investigation Bureau. Taiwan summoned 70 people in a joint crackdown across several cities, ramping up its crusade against illegal poaching by Chinese companies threatening its chip…

Benzinga

Toronto-Dominion Bank Stock Gains Post Q2 Results, Clocks 10% Revenue Growth

Toronto-Dominion Bank (TSX: TD) (NYSE: TD) reported a

Benzinga

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Can Dick's Sporting Goods Break Possible Headwinds? 2 Analysts Weigh In

Dick’s Sporting Goods Inc (NYSE: DKS) reported its quarterly revenues and earnings higher than Street expectations but lowered its financial outlook for the year.

Benzinga

Read How Analysts Reacted To DXC's Q4 Results

Analysts cut their price targets on DXC Technology Co (NYSE:DXC) post Q4 earnings miss. RBC Capital analyst Daniel Perlin reiterated DXC with an Outperform and lowered the price target from $47 to $39 (17.9% upside). While Q4/22 results were lower than expected and FY23 guidance is light, Perlin believes DXC is generally progressing toward a more…

Benzinga

61 Stocks Moving In Thursday's Mid-Day Session

Benzinga

Here's Why Carnival Corporation Stock May Change Course

Carnival Corporation (NYSE: CCL) was surging over 9% on Thursday in tandem with the general markets, which saw the S&P 500 rising about 1.5%.

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Flower Foods Boosts Dividend & Buyback - Read More For Details

Flower Foods Inc (NYSE:FLO) board of directors has declared a 4.8% increase in the quarterly dividend to $0.22 per share. The dividend is payable on June 23, 2022, to shareholders of record on June 9, 2022. The board has also increased the company's share repurchase authorization by 20 million shares. At the close of…

Benzinga

Victoria's Secret Launches New Digital Platform - See What's The Benefit

Victoria's Secret & Co (NYSE:VSCO) has launched a digital platform for shopping called VS&Co-Lab. The curated digital platform will connect the consumer with brands, bringing their stories and intimates, lifestyle, and swimwear products to the forefront. VS&Co-Lab launched as a new section on VictoriasSecret.com. Initially, a collection of 19 brands will be featured,…

Benzinga

Ball Partners With Manna Capital - Read Why

Ball Corp (NYSE:BALL) is partnering with private investment firm Manna Capital Partners in which the latter will construct and operate an aluminum can sheet rolling mill and recycling center in Los Lunas, New Mexico. Ball will enter into a long-term supply agreement and intends to take a minority equity position in the mill.…

Benzinga

Here's What To Watch On Alibaba's Stock Chart Following Q4 Earnings Print

Alibaba Group Holdings, Inc (NYSE: BABA) gapped up over 5% off Wednesday’s close and was surging over 12% after printing fourth-quarter and f

Benzinga

Disney Cited In Anaheim Corruption Probe: Report

Walt Disney Co. (NYSE: DIS) has found itself in a new political scandal, this time involving an influence peddling scheme that forced the mayor of Anaheim, California, to resign earlier this week.

Benzinga

Why Elon Musk Says He's Concerned Twitter May Have More Skeletons In The Closet

Elon Musk continues to remain skeptical of Twitter, Inc. (NYSE: TWTR) integrity. The Tesla CEO also appears to subscribe to idea of Twitter changing its business model to overcome its challenges.

Benzinga

Short Volatility Alert: WestRock Company

On Wednesday, shares of WestRock Company (NYSE: WRK) experienced volatile short activity. After the activity, the stock price went up 1.90% to $46.10. The overall sentiment for WRK has been Neutral.

Benzinga

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Short Volatility Alert: Petróleo Brasileiro S.A.

On Wednesday, shares of Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) experienced volatile short activity. After the activity, the stock price went up 2.25% to $14.55. The overall sentiment for PBR has been Bullish.

Benzinga

Lawmakers Seek Answers From FDA, Abbott On Nationwide Baby Formula Shortage

FDA officials appeared before a congressional panel to answer questions about the crisis after Abbott Laboratories (NYSE: ABT) recalled some baby formula products and closed its manufacturing plant in Sturgis, Michigan.

Benzinga

Medtronic, DaVita To Jointly Form Kidney Health-Focused Company

Medtronic plc (NYSE:MDT) and DaVita Inc (NYSE:DVA) intend to form a new, independent kidney care-focused medical device company (NewCo). NewCo will focus on developing a broad suite of novel kidney care products and solutions, including future home-based products. Medtronic and DaVita will co-own the NewCo, each with equal equity stakes and led by an…

Benzinga

CIBC Clocks 9% Revenue Growth In Q2, Boosts Dividend

Canadian Imperial Bank of Commerce (TSX: CM) (NYSE: CM)

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Benzinga

A Look Into Financial Services Sector Value Stocks

What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

Benzinga

Mid-Morning Market Update: Markets Open Higher; US Economy Contracts 1.5% In Q1

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 200 points on Thursday.

Benzinga

Group 1 Automotive's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

Monday marks the last chance for investors to receive the next dividend payout from Group 1 Automotive (NYSE:GPI).

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Advanced Drainage Systems: Dividend Insights

Monday marks the last chance for investors to receive the next dividend payout from Advanced Drainage Systems (NYSE:WMS).

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Element Solutions: Dividend Insights

Monday marks the last chance for investors to receive the next dividend payout from Element Solutions (NYSE:ESI).

Benzinga

Ashland Global Holdings's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

Monday marks the last chance for investors to receive the next dividend payout from Ashland Global Holdings (NYSE:ASH).

Benzinga

What's Going On With GameStop Stock?

GameStop Corp (NYSE: GME) shares are trading higher on above-average volume Thursday amid increased retail investor interest.

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