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The Latest Breaking News from NYSE

Mid-Morning Market Update: Markets Open Lower; Best Buy Cuts FY23 Forecast

U.S. stocks traded lower this morning, with the Dow Jones dropping more than 100 points on Tuesday.

Benzinga · May 24, 2022

Earnings Outlook For Bank of Montreal

Bank of Montreal (NYSE:BMO) is set to give its latest quarterly earnings report on Wednesday, 2022-05-25. Here's what investors need to know before the announcement. Analysts estimate that Bank of Montreal will report an earnings per share (EPS) of $2.50.

Benzinga · May 24, 2022

Expert Ratings for Eaton Corp

Analysts have provided the following ratings for Eaton Corp (NYSE:ETN) within the last quarter:

Benzinga · May 24, 2022

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Benzinga's Top Ratings Upgrades, Downgrades For May 24, 2022

Upgrades

Benzinga · May 24, 2022

Accel Entertainment, Inc.'s Return on Invested Capital Overview

According to Benzinga Pro, during Q1, Accel Entertainment, Inc. (NYSE:ACEL) earned $15.79 million, a 131.97% increase from the preceding quarter. Accel Entertainment, Inc. also posted a total of $196.89 million in sales, a 2.38% increase since Q4.

Benzinga · May 24, 2022

Snap Stock Flashes Warning To Tech Investors: What To Watch In The Days Ahead

Snap, Inc (NYSE: SNAP) was plummeting over 33% in the premarket on Tuesday, in addition to a 43% plunge that took place between April 5 and Monday.

Benzinga · May 24, 2022

This Day In Market History: AOL Is Founded

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 24, 1985, Quantum Computer Sciences was founded in Delaware. Where The Market Was: The Dow finished the day at 1,301.97. The S&P 500 traded at 188.29.

Benzinga · May 24, 2022

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Palantir-Trafigura Track Carbon Emissions For Oil and Gas Sector

Palantir Technologies Inc (NYSE:PLTR) and global commodities trader Trafigura will be tracking carbon emissions for the oil and gas sector, Reuters reports. They built a platform for oil majors and other commodities firms to vet the environmental impact of their supply chains, applying Trafigura's data to Palantir's operating system, known as Foundry. Also Read: Palantir…

Benzinga · May 24, 2022

Why Meta Platforms Stock Is Tumbling Today

Meta Platforms Inc (NYSE: FB) shares are trading lower Tuesday in sympathy with Snap Inc (NYSE: SNAP) after the company

Benzinga · May 24, 2022

Why Pinterest Shares Are Sliding Today

Pinterest Inc (NYSE: PINS) shares are trading lower Tuesday morning in sympathy with Snap Inc (NYSE: SNAP) after the company issu

Benzinga · May 24, 2022

Analyst Ratings for XPeng

XPeng (NYSE:XPEV) has observed the following analyst ratings within the last quarter:

Benzinga · May 24, 2022

Analyst Ratings for Charles River

Within the last quarter, Charles River (NYSE:CRL) has observed the following analyst ratings:

Benzinga · May 24, 2022

Expert Ratings for Prudential Financial

Within the last quarter, Prudential Financial (NYSE:PRU) has observed the following analyst ratings:

Benzinga · May 24, 2022

7 Analysts Have This to Say About Travelers Companies

Within the last quarter, Travelers Companies (NYSE:TRV) has observed the following analyst ratings:

Benzinga · May 24, 2022

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Benzinga · May 24, 2022

4 Analysts Have This to Say About Northwest Natural Hldg

Over the past 3 months, 4 analysts have published their opinion on Northwest Natural Hldg (NYSE:NWN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga · May 24, 2022

Pfizer's Ulcerative Colitis Candidate Shows Remission In Over 30% Of Patients In Pivotal Studies

Pfizer Inc (NYSE:PFE) has announced detailed results from two pivotal studies from ELEVATE UC Phase 3 program evaluating etrasimod for active ulcerative colitis (UC). The drug, etrasimod, was Pfizer's key asset in its $6.7 billion deal for Arena Pharmaceuticals last year. UC is an inflammatory bowel disease that affects around 3.8 million people in North…

Birmingham Post · May 24, 2022

Atom Bank reported to be in talks with former Trump Secretary of Commerce ahead of US listing

Reports suggest the North East-based digital bank could merge with a firm belonging to billionaire US businessman Wilbur Ross

Benzinga · May 24, 2022

The Daily Biotech Pulse: INmune Bio's Planned Alzheimer's Trial On FDA Hold, Caladrius Stops Enrollment In Heart Disease Study, BiomX Restructures

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

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Benzinga · May 24, 2022

2 Stocks Under $2 Insiders Are Aggressively Buying

US stock futures traded lower this morning on Tuesday. 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 or…

Benzinga · May 24, 2022

BiomX Slashes Its Workforce By 50%, Atopic Dermatitis Program To Be Delayed

BiomX Inc (NYSE:PHGE) announced a corporate restructuring plan to focus its resources and extend the cash runway. The company had $55.7 million in cash, cash equivalents, short-term deposits, and a $15 million debt facility as of March 31. The restructuring will extend the company's capital resources at least until the middle of 2024. …

Benzinga · May 24, 2022

Why Zepp Health Shares Are Trading Lower Today

Zepp Health Corp (NYSE:ZEPP) reported a first-quarter FY22 revenue decline of 34% year-on-year to $119.4 million, missing the consensus of $142.4 million. Drivers: Total units shipped decreased by 41.3% Y/Y to 3.7 million due to a 45.5% decrease in units of products built for Xiaomi Corp (OTC:XIACY) and a 31.6% decrease in unit shipments of Amazfit…

Benzinga · May 24, 2022

Dexcom In Talks To Acquire Insulet, Create a Giant In Diabetes Devices: Bloomberg

Dexcom Inc (NYSE:DXCM) is reportedly in talks to acquire medical-device company Insulet Corporation (NASDAQ: PODD) to create a giant in diabetes devices, according to people with knowledge of the matter. According to Bloomberg, talks between the companies are ongoing, and an agreement could be reached in the coming weeks. Discussions could still be delayed or fall…

Benzinga · May 24, 2022

Morning Brief: Top Financial Stories Dominating on Tuesday, May 24

CNBC

Benzinga · May 24, 2022

Executives Sell Around $325M Of 3 Stocks

Gold futures traded higher this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga · May 24, 2022

Recap: Abercrombie & Fitch Q1 Earnings

Abercrombie & Fitch (NYSE:ANF) reported its Q1 earnings results on Tuesday, May 24, 2022 at 07:30 AM. Here's what investors need to know about the announcement. Earnings Abercrombie & Fitch reported an EPS of $-0.27.

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