The Latest Breaking News from NYSE

Kadant (NYSE:KAI) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Kadant will report an earnings per share (EPS) of $2.10.

American Tower (NYSE:AMT) has outperformed the market over the past 10 years by 1.83% on an annualized basis producing an average annual return of 13.46%. Currently, American Tower has a market capitalization of $109.29 billion.

RBC Capital has decided to maintain its Outperform rating of Olin (NYSE:OLN) and raise its price target from $76.00 to $83.00. Shares of Olin are trading up 2.53% over the last 24 hours, at $58.85 per share. A move to $83.00 would account for a 41.04% increase from the current…

The SPDR S&P 500 ETF Trust (NYSE: SPY) may have broken an important support level. There’s a chance it rallies back above it, but there will also be a signal that may indicate it will keep going lower.

  Monday's session saw 22 companies set new 52-week highs.

Advanced Drainage Systems, Inc. (NYSE:WMS) has acquired Cultec, Inc., a family-owned plastic stormwater and septic chamber company headquartered in Brookfield, Connecticut. Deal terms were not disclosed. "Today, Cultec designs and sells plastic chambers and related products into the stormwater and on-site septic markets. Their products expand ADS' portfolio of solutions, enabling us…

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.

Nucor (NYSE:NUE) has outperformed the market over the past 5 years by 8.29% on an annualized basis producing an average annual return of 19.73%. Currently, Nucor has a market capitalization of $39.57 billion.

Archer-Daniels Midland (NYSE:ADM) has observed the following analyst ratings within the last quarter: