The Latest Breaking News from NYSE

According to Benzinga Pro, during Q1, Arch Coal (NYSE:ARCH) earned $271.87 million, a 19.98% increase from the preceding quarter. Arch Coal also posted a total of $867.94 million in sales, a 7.72% increase since Q4.

According to data from Benzinga Pro, during Q1, General Electric's (NYSE:GE) reported sales totaled $17.04 billion. Despite a 73.58% increase in earnings, the company posted a loss of $1.01 billion.

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Wednesday.

 

Chinese electric vehicle maker XPeng, Inc. (NYSE: XPEV) has signed an agreement that would secure additional funding for the company to fuel growth.

Dana Inc (NYSE:DAN) reported first-quarter FY22 sales growth of 9.6% year-on-year to $2.48 billion, beating the consensus of $2.24 billion. Light vehicle revenue fell 0.6% Y/Y, Commercial vehicles increased 32.7%, Off-Highway climbed 17.2%, and Power Technologies sales were flat. Adjusted EBITDA was $170 million versus $234 million last year. Selling, general and administrative…

Boston Scientific Corp (NYSE:BSX) generated net sales of $3.026 billion in Q1 FY22, beating the Wall Street estimate of $2.95 billion. Sales increased 10% Y/Y on a reported basis, 12.6% on an operational basis, and 9.7% on an organic basis, better than the management estimate of approximately 5% - 8%. The Company achieved…

Acutus Medical Inc (NASDAQ:AFIB) shares are skyrocketing on a commitment letter from Deerfield Management Company to refinance its existing debt with a new longer-term credit facility. The Company has also agreed to sell its left-heart access portfolio to Medtronic plc (NYSE:MDT).  The combination of these two transactions, taken together with the Company’s recently completed restructuring,…

  Gorman-Rupp (NYSE:GRC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 06:45 AM. Here's what investors need to know about the announcement.