Benzinga's Daily Brief On Trending Tickers For March 22, 2022: Alibaba, Nike, Tesla And More Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets. Benzinga · Mar 22, 2022
CNBC's Final Trades: Home Depot, Shell, FedEx And This Health Care Stock That Has Reached A Record High On CNBC’s “Halftime Report Final Trades,” Shannon Saccocia of Boston Private chose Home Depot Inc (NYSE: HD), saying the company is “great big box retail and tied for Benzinga · Mar 22, 2022
Action In Coupa Software After Private Equity Firm Agrees To Buy Anaplan Shares of Anaplan Inc (NYSE: PLAN) Monday spiked close to 28% after private equity investment firm Thoma Bravo announced it had signed a deal to acquire the business planning software company. Benzinga · Mar 22, 2022
JJill Shares Jump After Q4 Earnings Beat JJill Inc (NYSE:JILL) reported fourth-quarter FY21 sales growth of 15.3% year-on-year, to $145.15 million, beating the consensus of $142 million. Total company comparable sales increased by 19.7%. Direct to consumer net sales fell 8.8% Y/Y driven by lower markdown sales. Gross profit grew 29.8% Y/Y to $92.7 million, and the gross margin expanded… Benzinga · Mar 22, 2022
Why Jim Cramer Likes Truist Financial On CNBC’s "Mad Money Lightning Round," Jim Cramer said PPG Industries, Inc. (NYSE: PPG) shares are down too much as the company has been hurt by raw costs, but that’s going to end finally. Benzinga · Mar 22, 2022
The Daily Biotech Pulse: Merck's Keytruda Snags Another FDA Approval, Pfizer Strikes COVID-19 Pill Supply Deal, Argenx Reports Positive Late-Stage Readout Here's a roundup of top developments in the biotech space over the last 24 hours: Benzinga · Mar 22, 2022
McDonald's, Just Eat Takeaway.com Ink Long-Term Strategic Partnership Just Eat Takeaway.com N.V. and McDonald's Corp (NYSE:MCD) have entered into a global strategic partnership to support the McDelivery business. The financial terms of the arrangement were not disclosed. Just Eat Takeaway.com's geographic coverage, food-delivery marketplace, and 500,000 couriers worldwide support its delivery partners, such as McDonald's. The partnership will elevate local partnerships between the… Benzinga · Mar 22, 2022
Goldman Sachs Completes First OTC Trade Through Galaxy Digital: A Wall Street First Goldman Sachs Group Inc (NYSE: GS) announced the execution of its first over-the-counter (OTC) crypto trade through partner Galaxy Digital Holdings Ltd (OTC: BRPHF). Benzinga · Mar 22, 2022
Why Nike Shares Are Trading Higher Today Nike Inc (NYSE: NKE) shares are trading higher Tuesday after the company reported better-than-expected financial results. Benzinga · Mar 22, 2022
Morning Brief: Top Stories Dominating Financial Media on Tuesday, March 22 CNBC Benzinga · Mar 22, 2022
Prologis Aims For Blackstone's €21B Logistics Portfolio: FT Warehouse proprietor Prologis Inc (NYSE:PLD) has launched a bid for Blackstone’s €21 billion portfolio of logistics properties, the Financial Times reported. If completed, it could be the biggest ever non-public actual property deal. The company has made the non-binding offer for Mileway, a portfolio of approximately 2,000 European warehouses that Blackstone has been… Benzinga · Mar 22, 2022
Why Alibaba Shares Are Rising Today Alibaba Group Holding Limited (NYSE: BABA) shares are trading higher after the company raised its buyback program. The company's board authorized to upsize its share repurchase program from $15 billion to $25 billion. Benzinga · Mar 22, 2022
Benzinga · Mar 22, 2022 10 Biggest Price Target Changes For Monday Wells Fargo cut the price target on Gilead Sciences, Inc. (NASDAQ: GILD) from $70 to $63. Gilead Sciences shares rose 0.4% to $59.91 in pre-market trading.
Benzinga · Mar 22, 2022 Goldman Expects Interest Rate Hike By 50bps at May, June Meetings: Reuters Goldman Sachs Group Inc (NYSE: GS) expects the U.S.
Benzinga · Mar 22, 2022 Canadian Pacific Reaches Agreement With TCRC To Enter Binding arbitration, End Work Stoppage Canadian Pacific Railway Ltd (NYSE:CP) and union Teamsters Canada Rail Conference (TCRC) have arrived at an arbitration agreement, paving the way to resume operations. The company's trains were halted on Sunday after a dispute between the company and its workers over contract negotiations. The impasse threatened to amplify the already elongated supply chain snarls.…
Benzinga · Mar 22, 2022 Lannett And 4 Other Penny Stocks Bought By Insiders US stock futures traded higher 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 · Mar 22, 2022 30 Stocks Moving in Tuesday's Pre-Market Session Gainers Smart for Life, Inc. (NASDAQ: SMFL) rose 75.3% to $1.63 in pre-market trading. Smart For Life recently said it is launching various products under the Doctors Scientific Organica brand on Amazon Singapore.
Benzinga · Mar 22, 2022 Read Why Goldman Sachs Downgraded This Cigarette Maker Goldman Sachs analyst Bonnie Herzog downgraded Philip Morris International Inc (NYSE:PM) to Neutral from Buy with a price target of $100, down from $116, implying a 6.22% upside. The analyst thinks that given the risk in the situation of Russia and Ukraine, the management will be forced to lower the FY22 outlook as Philip Morris…
Benzinga · Mar 22, 2022 HUYA Registers 6.1% Revenue Decline In Q4, Tops Consensus Marginally HUYA Inc (NYSE:HUYA) reported a fourth-quarter FY21 revenue decline of 6.1% year-on-year to $440.75 million, beating the consensus of $440.32 million. Segments: HUYA's Live streaming revenues declined by 7.2% Y/Y to $410.02 million due to lower average spending per paying user on Huya Live. HUYA's advertising and other revenues rose 11.6% Y/Y to $30.73…
Benzinga · Mar 22, 2022 IGT Inks Six-Year Contract With Singapore's Lottery Operator International Game Technology PLC (NYSE:IGT) subsidiary, IGT Global Services Limited, has signed a six-year contract with lottery operator Singapore Pools. Under the agreement, IGT will provide its central lottery system, Aurora, and related technologies to Singapore Pools. IGT's Aurora will offer reliability for Singapore Pools' high volume of transactions. Along with the new central…
Benzinga · Mar 22, 2022 A Peek Into The Markets: US Stock Futures Gain; Crude Oil Down 1% Pre-open movers
Benzinga · Mar 22, 2022 Jim Cramer Thinks This Grocery Retailer Can Withstand Inflation Better Than Rivals CNBC host Jim Cramer said that grocery retailer Kroger Co. (NYSE: KR) is withstanding the “worst inflation in decades” better than its rivals.
Benzinga · Mar 22, 2022 Tesla, Xpeng, Li Auto, Nio, BYD: How EV Prices Are Looking Like In China With Latest Hikes Leading electric vehicle makers have recently rushed to hike prices in China amid chip shortages and rising raw material costs.