The Latest Breaking News from NYSE

Gap Inc (NYSE: GPS) is trading higher Friday after the company reported better-than-expected financial results. 

Susquehanna analyst Bascome Majors upgraded Schneider National Inc (NYSE:SNDR) to Positive from Neutral and raised the price target to $32 (an upside of 19.5%), from $29. Majors noted there is an attractive risk/reward in buying truckload names "already priced for a deep freight recession." Intermodal is in one of its best cyclical and structural periods…

The Walt Disney Co (NYSE:DIS) is launching a cheaper, ad-supported tier of its Disney+ streaming service in the U.S. in late 2022. It also aims to expand internationally in 2023. Disney would be joining the majority of entertainment companies, including AT&T Inc (NYSE:T) WarnerMedia, Discovery Inc (NASDAQ:DISCA), Comcast Corp's (NASDAQ:CMCSA) NBCUniversal, and Paramount Global (NASDAQ:PARA), which have launched ad-supported tiers…

United Microelectronics Corp (NYSE:UMC) reported a February sales growth of 39.2% year-on-year to NT$20.8 billion (~740 million). Revenue for the period January - February grew 35.5% Y/Y to NT$41.3 billion. Related Content: United Microelectronics Tops Q4 Consensus; Sees Market Demand To Exceed Supply Analyst Rating: Goldman Sachs analyst Bruce Lu downgraded UMC to Buy from Conviction…

Home rental company Airbnb Inc (NASDAQ:ABNB) suspended its operations in Russia and Belarus, CEO Brian Chesky tweeted. Multiple U.S. conglomerates aligned with sanctions on Russia by restricting their services post its invasion of Ukraine. The conglomerates include Facebook parent Meta Platforms Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google followed by the likes of Netflix Inc (NASDAQ:NFLX), Spotify Technology S.A. (NYSE: SPOT) and many more.…

inTEST Corp (NYSE:INTT) reported fourth-quarter FY21 revenue growth of 50.3% year-on-year to $22.36 million, beating the consensus of $22.01 million. Key target markets drove the growth led by both front-end and back-end semiconductor industry demand and acquisition benefits. Strong demand in the semi, automotive, specifically EVs, and life sciences resulted in annual orders…

Shares of Best Buy Co Inc (NYSE: BBY) Thursday spiked more than 9%, despite reporting downbeat fourth-quarter results.

Deutsche Bank cut the price target on Burlington Stores, Inc. (NYSE: BURL) from $288 to $235. Burlington Stores shares fell 13% to close at $203.12 on Thursday.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Canada Goose Holdings Inc. (NYSE: GOOS) still sells at a too high multiple. "We’re going to go elsewhere," he commented.