The Latest Breaking News from NYSE

Wells Fargo Raises Price Target On Several Aerospace & Defense Companies

Wells Fargo analyst Matthew Akers raises the price target of four Aerospace & Defense companies. The analyst believes the valuation is likely to remain high on elevated tensions for some time to come.

Benzinga · Mar 7, 2022

Goldman Sachs Group Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Goldman Sachs Group (NYSE:GS). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Mar 7, 2022

Looking At Caterpillar's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Caterpillar (NYSE:CAT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga · Mar 7, 2022

Carl Icahn Out Of Occidental As Warren Buffett Doubles Down

For Occidental Petroleum Corporation (NYSE: OXY), it's one billionaire Wall Street legend in and another one out.

Benzinga · Mar 7, 2022

Merck's Keytruda Shows Improved Metastasis-Free Survival In Melanoma Patients

Merck & Co Inc (NYSE: MRK) announced data from Phase 3 KEYNOTE-716 trial of Keytruda (pembrolizumab) as adjuvant treatment for patients with resected stage IIB and IIC melanoma.

Benzinga · Mar 7, 2022

Kohl's Plans To Open New Smaller Format Stores, Grow Sephora Business

Kohl’s Corp (NYSE:KSS) provided a long-term financial target update, expecting low-single digits percent sales growth and mid-to-high single digits percent EPS growth. The company aims to grow the Sephora business to $2 billion through an expanded store rollout to 850 stores. The company also plans to acquire new customers with Amazon.Com Inc (NASDAQ:AMZN) Amazon…

Benzinga · Mar 7, 2022

Recap: Vectrus Q4 Earnings

  Vectrus (NYSE:VEC) reported its Q4 earnings results on Monday, March 7, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Earnings Vectrus beat estimated earnings by 4.65%, reporting an EPS of $0.9 versus an estimate of $0.86.

Benzinga · Mar 7, 2022

Which 10 Major US Companies Are Still Doing Business In Russia?

With each passing day, another round of major U.S. corporations voices their outrage over the invasion of Ukraine by announcing the suspension or termination of business operations in Russia.

Benzinga · Mar 7, 2022

Warner Bros. Snags China Release For 'Fantastic Beasts: The Secrets Of Dumbledore'

Warner Bros., a unit of AT&T (NYSE: T), has received approval from the Chinese government for an April 8 release of “Fantastic Beasts: The Secrets Of Dumbledore.”

Benzinga · Mar 7, 2022

Earnings Outlook For Nine Energy Service

Nine Energy Service (NYSE:NINE) is set to give its latest quarterly earnings report on Tuesday, 2022-03-08. Here's what investors need to know before the announcement. Analysts estimate that Nine Energy Service will report an earnings per share (EPS) of $-0.55.

Benzinga · Mar 7, 2022