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The Latest Breaking News from NYSE

Zepp Health Trails Q4 Consensus Due To Lower Mi Band Shipments; Declares Special Cash Dividend

Zepp Health Corp (NYSE:ZEPP) reported a fourth-quarter FY21 revenue decline of 15.8% year-on-year to $260.8 million, missing the consensus of $294.2 million. The decrease in Mi band shipments mostly drove the reduction. COVID-19 and the semiconductor crisis during the holiday season affected the self-brand product sales. Margin: The gross margin expanded 30 bps to…

Benzinga

CNBC's Final Trades: Alaska Air, ABB, Two Agricultural Stocks And A Chinese Internet Play

On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners named Alaska Air (NYSE: ALK) as his pick, saying that all airline companies had preannounced positively.

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10 Biggest Price Target Changes For Thursday

Keybanc cut the price target on Darden Restaurants, Inc. (NYSE: DRI) from $170 to $160. Darden shares rose 0.1% to $129.69 in pre-market trading.

Benzinga

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Lee, Wrangler Owner Kontoor Brands Appoints New Co-COOs

Kontoor Brands Inc (NYSE:KTB) has appointed Chris Waldeck and Tom Waldron as Co-Chief Operating Officers (COOs). Chris Waldeck will assume responsibility for Kontoor's international markets and Direct to Consumer (DTC) channels, in addition to his continued responsibilities as EVP and Global Brand President of Lee. Tom Waldron will handle the operational side of…

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Zepp Health: Q4 Earnings Insights

Zepp Health (NYSE:ZEPP) reported its Q4 earnings results on Thursday, March 17, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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Dollar General: Q4 Earnings Insights

Dollar General (NYSE:DG) reported its Q4 earnings results on Thursday, March 17, 2022 at 06:55 AM. Here's what investors need to know about the announcement. Earnings Dollar General reported in-line EPS of $2.57 versus an estimate of $2.57.

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Designer Brands: Q4 Earnings Insights

Designer Brands (NYSE:DBI) reported its Q4 earnings results on Thursday, March 17, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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Recap: Accenture Q2 Earnings

Accenture (NYSE:ACN) reported its Q2 earnings results on Thursday, March 17, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

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Commercial Metals: Q2 Earnings Insights

Commercial Metals (NYSE:CMC) reported its Q2 earnings results on Thursday, March 17, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

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Hamilton Beach Brands Reveals US Launch Of Smart Sharps Bin System

Hamilton Beach Brands Holding Co (NYSE:HBB) reported the availability of Smart Sharps Bin from Hamilton Beach Health, powered by HealthBeacon, in the U.S. Smart Sharps Bin is an Injection Care Management System, developed by Hamilton and marketed and distributed by HealthBeacon. The management system will be available in the U.S. from a…

Benzinga

Jefferies Goes Bullish On Nokia

Jefferies analyst Janardan Menon initiated coverage of Nokia Oyj (NYSE:NOK) with a Buy rating and EUR 6 price target. Menon sees 2022 as a strong year for telecom equipment makers citing lofty U.S. C-band deployments and improved 5G roll-outs in Europe. Also Read: Why Nokia Shares Are Rising Today Menon expects Nokia to benefit from…

Benzinga

Toyota Cuts April Production Target As Supply Chain Woes Continue

Toyota Motor Corp (NYSE:TM) said it plans to slash its vehicle production target in April by 150,000 units. The company's global production plan for April, including overseas production, is approximately 750,000 units. The auto maker's decision follows a semiconductor shortage amid disruptions caused by the COVID-19 pandemic. The global production plan average from…

Benzinga

FDA Clears AbbVie's Rinvoq For Moderate To Severe Active Ulcerative Colitis

The FDA approved AbbVie Inc's (NYSE:ABBV) Rinvoq (upadacitinib) for adults patients with moderately to severely active ulcerative colitis (UC) who have had an inadequate response or intolerance to tumor necrosis factor (TNF) blockers. This FDA approval is the first indication for Rinvoq in gastroenterology and is supported by efficacy and safety data from…

Benzinga

Spotify Looks To Jump NFT Bandwagon After Failed Collaboration With Facebook

Spotify Technology SA (NYSE:SPOT) looked to add blockchain technology and non-fungible tokens to its streaming service, the Financial Times reports. Spotify hired people to work on early-stage projects related to “Web3,” a tech buzzword for a blockchain-powered network. Also Read: $17B Worth NFTs Traded In 2021, More Players Could Join After Visa, Nike…

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Yum China Boosts Stock Buyback Program

Yum China Holdings Inc (NYSE:YUMC) Board of Directors has increased the company's share repurchase authorization by $1 billion to about $2.4 billion. The increase brings the total remaining authorization to approximately $1.4 billion. The company repurchased about 24 million shares of common stock for $971 million from 2017 to March 16, 2022. "From…

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A Peek Into The Markets: US Stock Futures Edge Lower Following Wednesday's Fed Rate Hike

Pre-open movers

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80 Biggest Movers From Yesterday

Gainers Sonnet BioTherapeutics Holdings, Inc. (NASDAQ: SONN) shares gained 86.7% to close at $0.5150 on Wednesday after the company announced FDA clearance of its IND for SON-1010 for the treatment of advanced solid tumors.

Benzinga

5 Stocks To Watch For March 17, 2022

Some of the stocks that may grab investor focus today are:

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Earnings Scheduled For March 17, 2022

Companies Reporting Before The Bell • TransGlobe Energy (NASDAQ:TGA) is estimated to report earnings for its fourth quarter.

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Alibaba Up 9%, Nio Up 4.6% — What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies extended strong gains in Hong Kong on Thursday after Beijing vowed to ensure stability in the stock market and support overseas listings of domestic companies.

Benzinga

Benzinga's After-Hours Movers & News: Williams-Sonoma, PagerDuty And More

Benzinga’s “After-Hours Movers & News” highlights the biggest movers of the day. The information on the price action is collected using Benzinga Pro's Movers tool. Benzinga Pro users can cross-reference the Movers tool with the Benzinga Pro News tool to identify potential news catalysts moving stocks.

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12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session

Gainers

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Marijuana Stock Movers For March 16, 2022

GAINERS: MGC Pharmaceuticals (OTC:MGCLF) shares closed up 21.45% at $0.02

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Recap: Guess Q4 Earnings

Guess (NYSE:GES) reported its Q4 earnings results on Wednesday, March 16, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Guess missed estimated earnings by 0.87%, reporting an EPS of $1.14 versus an estimate of $1.15.

Benzinga

NIO Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on NIO. Looking at options history for NIO (NYSE:NIO) we detected 51 strange trades.

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