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The Latest Breaking News from NYSE

Here's How Much You Would Have Made Owning Visa Stock In The Last 10 Years

Visa (NYSE:V) has outperformed the market over the past 10 years by 10.2% on an annualized basis.

Benzinga

If You Invested $100 In This Stock 10 Years Ago, Here's How Much You Would Have Today

Bank of America (NYSE:BAC) has outperformed the market over the past 10 years by 6.69% on an annualized basis.

Benzinga

Why Nio And XPeng Shares Are Falling Today

Shares of several Chinese companies, including Nio Inc - ADR (NYSE: NIO) and XPeng Inc - ADR (NYSE: XPEV), are trading lower amid renewed regulatory concerns in the Chinese tech sector and uncertainty surrounding Russia-Ukra

Benzinga

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Alibaba (BABA) Shares Under Pressure Again As Concerns Continue To Mount

Shares of Alibaba Group (NYSE: BABA) are trading lower in pre-open Tuesday in the United States on several reports that are being interpreted as headwinds for the e-commerce giant. Alibaba's share price closed 3.05% in the red in Hong Kong on the concerns discussed below.

Benzinga

Capvision Tempts Investors With Fast Growth, Fat Margins In Hong Kong IPO

Key Takeaways: ‘Expert network’ operator Capvision Partners has filed for a Hong Kong listing to raise up to $300 million The company boasts fast revenue growth and impressive profit margins, but also faces regulatory risk that was the focus of a U.S. crackdown a decade ago By Doug Young

Benzinga

Benzinga's Daily Brief On Trending Tickers For Feb. 22, 2022: Tesla, GameStop, Lexicon 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.

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Slack Is Down For Many Users

Slack, which was acquired by Salesforce.com Inc (NYSE: CRM) last year, isn't loading for many users Tuesday morning.

Benzinga

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Marriott Vacations Hikes Dividend, Boosts Buyback

Marriott Vacations Worldwide Corp (NYSE:VAC) board of directors has approved a 15% increase in quarterly cash dividend to $0.62 per share. The dividend is payable on or around March 17, 2022, to shareholders of record on March 3, 2022. Also, the company's board increased its prior authorization to repurchase common stock by $300…

Benzinga

Check Out What Whales Are Doing With RBLX

A whale with a lot of money to spend has taken a noticeably bullish stance on Roblox. Looking at options history for Roblox (NYSE:RBLX) we detected 25 strange trades.

Benzinga

Analyst Downgrades Rocket Companies, Says Refinancing Mortgage Volumes 'Likely Headed Meaningfully Lower'

Investors are expecting interest rates to start rising sharply in coming months, and one analyst said Tuesday that rising rates are bad news for Rocket Companies Inc (NYSE: RKT).

Benzinga

KBR Clocks 71% Revenue Growth In Q4

KBR Inc (NYSE:KBR) reported fourth-quarter revenue growth of 70.5% year-over-year to $2.499 billion, missing the consensus of $2.53 billion. Adjusted EPS of $0.69 beat the consensus of $0.65. The gross margin contracted by 180 bps to 9.5%. The operating income increased to $129 million (+186.7% Y/Y). Adjusted EBITDA was $172 million (+27.4% Y/Y).…

Benzinga

InfuSystem Inks Distribution Pact For Solo-Dex's Continuous Peripheral Nerve Block Catheters

InfuSystem Holdings Inc (NYSE: INFU) has

Benzinga

Tempur Sealy Q4 Earnings Miss Street View

Tempur Sealy International Inc (NYSE:TPX) reported fourth-quarter FY21 sales growth of 28.6% year-on-year, to $1.36 billion, missing the analyst consensus of $1.45 billion. Sales in North America rose 18.9% Y/Y, and the international segment sales gained 82.1%. The gross margin for the quarter contracted 140 basis points to 44.5%, and the gross profit…

Benzinga

Mid-Morning Market Update: U.S. Markets Mixed Amid Russia-Ukraine Woes

U.S. stocks traded mixed this morning, amid rising tensions between Russia and Ukraine. Russian President Vladimir Putin said he would recognize the independence of two Russian-led breakaway regions of Ukraine and ordered Russian troops to go into eastern Ukraine.

Benzinga

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TSMC Wins 7nm Chip Orders From US Vendors

Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) has won significant orders demanding its sub-7nm process manufacturing from major U.S. vendors, DigiTimes Asia reports. TSMC's advanced chip plant debut in the U.S. got deferred by three to six months, mainly due to a labor crisis. TSMC also decided to expand its chip plant under construction in Japan with…

Benzinga

Why Tegna Shares Are Trading Higher Today?

Standard General and Apollo Global Management Inc (NYSE:APO) agreed to acquire television broadcaster Tegna Inc (NYSE:TGNA). They will acquire Tegna in a transaction valued at $24 a share. The purchase price implied a premium of 39% on the unaffected closing share price on September 14, 2021, the last full trading day before media speculation about a…

Benzinga

What Does Southwestern Energy's Debt Look Like?

Shares of Southwestern Energy (NYSE:SWN) moved lower by 3.23% in the past three months. Before we understand the importance of debt, let us look at how much debt Southwestern Energy has.

Benzinga

Why Alibaba Shares Are Trading Lower Today

Alibaba Group Holding Ltd (NYSE: BABA) is trading lower Tuesday following reports suggesting China asked state firms to check their investments in Jack Ma's Ant Group.

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Benzinga

More Trouble Brews For Alibaba's Jack Ma

Last week Chinese regulators asked state-owned firms to kick-off a fresh round of checks to find out their investments and other linkages with Alibaba Group Holding Ltd (NYSE:BABA) founder Jack Ma's Ant Group, Bloomberg reports. The regulatory authorities have asked the state-owned firms to submit the details of investments in equities and exposure…

Benzinga

Cummins Agrees To Acquire Meritor For $3.7B

Cummins Inc (NYSE:CMI) has agreed to acquire electric powertrain solutions provider Meritor Inc (NYSE:MTOR) for about $3.7 billion, including assumed debt and net of acquired cash. The company will pay Meritor shareholders $36.50 in cash per share, representing a 48% premium to the Meritor's closing price of $24.67 on February 18, 2022. Meritor, headquartered…

Benzinga

Fresenius Medical Care: Q4 Earnings Insights

Fresenius Medical Care (NYSE:FMS) reported its Q4 earnings results on Tuesday, February 22, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga

Disney Bumps Up Prices For Park Visitors: All You Need To Know

The Walt Disney Co's (NYSE:DIS) Walt Disney World Resort boosted the ticket prices for guests visiting the parks for multiple days, CNBC reports. Disney raised the prices of multiday passes for between four and ten days by 2% - 6%. Prices for base tickets for those attending any of Disney's four theme…

Benzinga

Analyst Ratings For Globe Life

Within the last quarter, Globe Life (NYSE:GL) has observed the following analyst ratings:

Benzinga

Where Polaris Stands With Analysts

Polaris (NYSE:PII) has observed the following analyst ratings within the last quarter:

Benzinga

Analyst Ratings For Life Storage

Analysts have provided the following ratings for Life Storage (NYSE:LSI) within the last quarter:

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