The Latest Breaking News from NYSE

Morning Brief: Top Financial Stories Dominating on Wednesday, May 18

CNBC Toyota Looks To Develop Hydrogen Mobility In Europe

Benzinga · May 18, 2022

More Bullish Bets On Citi After Warren Buffett Buys Large Stake

Through his company Berkshire Hathaway Inc (NYSE: BRK-A), legendary investor Warren Buffett has purchased 55.2 million shares of Citigroup Inc’s (NYSE: C) shares, comprising around 2.8% of the company&r

Benzinga · May 18, 2022

Arcos Dorados Holdings: Q1 Earnings Insights

  Arcos Dorados Holdings (NYSE:ARCO) reported its Q1 earnings results on Wednesday, May 18, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga · May 18, 2022

Chevron Allowed To Maintain Venezuela Operations, But Denied Drilling: WSJ

The U.S. extended a limited license held by Chevron Corporation (NYSE: CVX), allowing it to maintain its operations in Venezuela and negotiate future business.

Benzinga · May 18, 2022

Sony Is Metaverse-Ready, CEO Kenichiro Yoshida Acknowledges

Sony Group Corp (NYSE:SONY) considered itself well-positioned to play a leading role in the metaverse that could massively disrupt industries and establish new powerhouses, Reuters reports. "The metaverse is at the same time a social space and live network space where games, music, movies, and anime intersect," CEO Kenichiro Yoshida.  He pointed…

Benzinga · May 18, 2022

DouYu Registers 17% Revenue Decline In Q1 Amid China's Live Streaming Crackdown

DouYu International Holdings Limited (NASDAQ:DOYU)  reported a first-quarter FY22 revenue decline of 16.6% to $283.3 million year-on-year, beating the consensus of $253.2 million. HUYA Inc (NYSE:HUYA) revenue missed the Q1 consensus amid China's live streaming crackdown and COVID resurgence. Segments: DouYu's Livestreaming revenues decreased by 13.6% Y/Y to $272.5 million due to prudent operating strategies in anticipation…

Benzinga · May 18, 2022

Haverty Furniture Hikes Dividend By 12%

Haverty Furniture Companies Inc (NYSE:HVT) board of directors has increased the quarterly dividend by 12%, from $0.25 per share to $0.28 per share. The dividend is payable on June 17, 2022, to stockholders of record at the close of business on June 2, 2022. Havertys has been paying a cash dividend each year…

Benzinga · May 18, 2022

20 Stocks Moving in Wednesday's Pre-Market Session

Gainers Decisionpoint Systems, Inc. (NASDAQ: DPSI) rose 47.2% to $7.02 in pre-market trading after jumping around 19% on Tuesday. DecisionPoint Systems recently reported first-quarter FY22 revenue growth of 22.7% year-on-year to $19.7 million.

Benzinga · May 18, 2022

Marine Products Reveals Several Senior Leadership Changes

Marine Products Corp (NYSE:MPX) has promoted its CFO, Ben M. Palmer, to assume the roles of President and CEO, effective immediately. The current CEO, Richard A. Hubbell, has transitioned to Executive Chairman of the Board of Directors. Gary W. Rollins relinquished his position as Non-Executive Chairman of the Board while continuing as a Company…

Benzinga · May 18, 2022

A Peek Into The Markets: US Stock Futures Down Following Tuesday's Rally

Pre-open movers

Benzinga · May 18, 2022