The Latest Breaking News from NYSE

Why BofA Bullish Is On Aluminum, Reinstating Buy Rating For Alcoa

Alcoa Corp (NYSE: AA) aims to become first quartile in aluminum by 2024, while the sentiment is bullish for aluminum due to capped Chinese supply, potential risks on Russia’s supply and Europe facing supply headwinds due to high energy costs, according to BofA Securities.

Benzinga · Mar 16, 2022

Protagonist Therapeutics Earns $25M Milestone Payment From Janssen Biotech

Protagonist Therapeutics (NASDAQ:PTGX) has received a $25 million milestone payment from its collaboration with Janssen Biotech Inc, a unit of Johnson & Johnson (NYSE:JNJ). The payment comes after the dosing of the third patient in the Phase 2b FRONTIER 1 clinical trial of PN-235 (JNJ-77242113). FRONTIER 1 is a Phase 2b dose-ranging study to evaluate the…

Benzinga · Mar 16, 2022

FDA Removes Clinical Hold On AIM ImmunoTech's Mid-Stage Ampligen Trial In Pancreatic Cancer

The FDA has lifted the clinical hold on AIM ImmunoTech Inc's (NYSE:AIM) investigational new drug (IND) application for a Phase 2 study of Ampligen for locally advanced pancreatic cancer (AMP-270). The AMP-270 clinical trial's primary objective compares the efficacy of Ampligen versus a no treatment control group following FOLFIRINOX for subjects with locally advanced…

Benzinga · Mar 16, 2022

$100 Invested In EPAM Sys 10 Years Ago Would Be Worth This Much

EPAM Sys (NYSE:EPAM) has outperformed the market over the past 10 years by 18.93% on an annualized basis.

Benzinga · Mar 16, 2022

Here's How Much You Would Have Made Owning CVS Health Stock In The Last 20 Years

CVS Health (NYSE:CVS) has outperformed the market over the past 20 years by 2.61% on an annualized basis.

Benzinga · Mar 16, 2022

Why Are Kohl's Shares Trading Higher Today

Hudson's Bay, the owner of American luxury department store chain Saks Fifth Avenue, is planning a bid for the department store chain Kohl's Corp (NYSE:KSS), Reuters reported. Related: Kohl's Dismisses Takeover Offers: What Investors Need To Know In another development, Engine Capital LP issued a letter to the board of Kohl's, urging the sale of the…

Benzinga · Mar 16, 2022

Preview: Ranger Energy Services's Earnings

Ranger Energy Services (NYSE:RNGR) is set to give its latest quarterly earnings report on Thursday, 2022-03-17. Here's what investors need to know before the announcement. Analysts estimate that Ranger Energy Services will report an earnings per share (EPS) of $-0.07.

Benzinga · Mar 16, 2022

Nio Reverses Course After Sell-Off: Will EV Stock Rally Ahead Of Earnings?

After an extended lean run, Nio, Inc. (NYSE: NIO) shares hit a trough Tuesday, weighed down by multiple factors. It appears the selling may have stalled, at least for now.

Benzinga · Mar 16, 2022

Expert Ratings For Johnson & Johnson

Johnson & Johnson (NYSE:JNJ) has observed the following analyst ratings within the last quarter:

Benzinga · Mar 16, 2022

Peering Into Roblox Corporation Class A Common Stock's Recent Short Interest

Roblox Corporation Class A Common Stock's (NYSE:RBLX) short percent of float has fallen 15.28% since its last report. The company recently reported that it has 18.96 million shares sold short, which is 6.21% of all regular shares that are available for trading.

Benzinga · Mar 16, 2022