The Latest Breaking News from NYSE

Chegg (NYSE:CHGG) reported its Q4 earnings results on Monday, February 7, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Chegg beat estimated earnings by 22.58%, reporting an EPS of $0.38 versus an estimate of $0.31.

U.S. indices had a mixed day of trading Monday. Tech stocks mostly rebounded after falling recently due to rising yields and worse-than-expected earnings from Meta Platforms Inc (NASDAQ: FB).

Kennametal (NYSE:KMT) reported its Q2 earnings results on Monday, February 7, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Kennametal missed estimated earnings by 7.89%, reporting an EPS of $0.35 versus an estimate of $0.38.

The week of Feb. 7 is full of quarterly earnings reports from some of the largest publicly traded companies. Benzinga Pro covers the latest headlines on every stock and also highlights expected earnings for companies while taking a look at whether companies beat or miss analyst expectations.

Carnival Corp. (NYSE: CCL) shares are pushing higher in sympathy with the rest of the sector. The cruise segment as a whole is seeing a green day and has been very volatile lately, possibly due to investors weighing the impact of omicron on travel demand.

Spirit Airlines (NYSE: SAVE) and Frontier Airlines (NASDAQ: ULCC) announced a $2.9-billion merger Monday that aims to create one of the most competitive low-cost airfares in the U.S. 

Montrose Environmental Group Inc (NYSE:MEG) has acquired environmental consulting firm Environmental Standards, Inc. for undisclosed financial terms. The transaction expands Montrose's integration of chemistry services nationwide. Environmental Standards has a presence in eleven states and specializes in environmental chemistry, consulting geosciences, environmental data management, emergency response quality assurance oversight, and auditing/health and safety…

Dillard's, Inc. (NYSE: DDS) has long been a dominant force in America’s department store scene, and over the past year, generated marked returns for investors.

Someone with a lot of money to spend has taken a bearish stance on Chegg (NYSE:CHGG). 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.

A whale with a lot of money to spend has taken a noticeably bullish stance on Spirit Airlines. Looking at options history for Spirit Airlines (NYSE:SAVE) we detected 17 strange trades.

Alibaba Group Ltd. (NYSE: BABA) shares are trading lower Monday amid media reports speculating that Softbank may sell part of its stake in the company. The stock continues to decline, trading within in a descending channel pattern. Alibaba was down 5.74% at $115.21 at last check.