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The Latest Breaking News from NYSE

Loandepot Inc (NYSE: LDI) shares are trading lower by 10.9% at $4.18 Tuesday morning after the company reported worse-than-expected fourth-quarter EPS results.

Benzinga

Mid-Morning Market Update: Markets Mostly Lower Following Monday's Rally; UPS Earnings Top Views

US stocks started the first trading day of new month on a cautious note after recording gains on Monday. Wall Street closed the volatile January month with steep losses.

Benzinga

Becton Dickinson Strengthens Post-Treatment Monitoring For Blood Cancers With Cytognos Acquisition

Becton, Dickinson and Co (NYSE: BDX) has acquired Cytognos, a unit of Vitro SA, a Spanish diagnostics company that develops, produces, and sells fully integrated reagents, hardware, and software platforms.

Benzinga

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Lockheed Martin Names Jay Malave As Finance Chief

Lockheed Martin Corp (NYSE:LMT) has appointed Jesus "Jay" Malave as the company's next chief financial officer, effective immediately. John Mollard, who served as acting CFO on an interim basis, will continue as vice president and treasurer. Malave most recently held the positions of senior vice president and CFO for L3Harris Technologies Inc (NYSE:LHX). Before that,…

Benzinga

Lennox Q4 Earnings Smashes Estimates; Reiterates FY22 Revenue Growth Forecast

Lennox International Inc (NYSE:LII) reported fourth-quarter FY21 sales growth of 5.6% year-on-year, to $964.8 million, beating the analyst consensus of $957.47 million. Revenue in the Residential Heating & Cooling business segment increased 12% Y/Y to $620 million, Commercial Heating & Cooling business declined 11% to $201 million, and Refrigeration business jumped 6% to…

Benzinga

Why UPS Shares Are Moving Higher Today

United Parcel Service Inc (NYSE: UPS) is trading higher Tuesday morning after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates.

Benzinga

Pitney Bowes Stock Plunges As Supply Chain Constraints Affect Q4 Earnings

Pitney Bowes Inc (NYSE:PBI) reported a fourth-quarter FY21 sales decline of 4.3% year-on-year, to $983.7 million, beating the analyst consensus of $961.63 million. Global Ecommerce revenue fell 9% Y/Y to $473 million, Presort services increased 16% to $156 million, and SendTech Solutions declined 6% to $354 million. Total costs and expenses declined 2.8%…

Benzinga

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Cannabis REIT Innovative Industrial Properties To Raise $300M Via Senior Notes Offering

Innovative Industrial Properties, Inc (NYSE: IIPR) announced that its operating partnership, IIP Operating Partnership, LP, has commenced a public offering, subject to market and other conditions, of $300 million aggregate principal amount of senior notes due 2027.

Benzinga

Why Palantir Shares Are Rising Today

Palantir Technologies Inc (NYSE: PLTR) is trading higher Tuesday morning after Satellogic Inc (NASDAQ: SATL) announced a strategic partnership with the company.

Benzinga

Bitcoin Blows Past American Express, Discover With $3T Transaction Volume: Growing At 'Torrid Pace'

In 2021, the Bitcoin (CRYPTO: BTC) blockchain had processed $3 trillion worth of transactions.

Benzinga

PulteGroup Clocks 36% Revenue Growth In Q4, Tops Consensus; Boosts Buyback

PulteGroup Inc (NYSE:PHM) reported fourth-quarter FY21 total revenue growth of 36.5% year-over-year to $4.36 billion, beating the consensus of $4.22 billion. Home sale revenues $4.22 billion (+38%) and Financial Services revenue $100.9 million (-4.8% Y/Y). Home sales revenues were driven by a 26% increase in closings to 8,611 homes and a 10% increase…

Benzinga

Jim Cramer Shares His Thoughts On Willis Towers Watson, Norwegian Cruise Line And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he liked the recent quarter of Dover Corporation (NYSE: DOV). However, with some of the industrial issues that others are also facing, he recommended holding the stock.

Benzinga

Broadridge Registers 19% Revenue Growth In Q2; Reiterates FY22 Guidance

Broadridge Financial Solutions Inc (NYSE:BR) reported second-quarter FY22 revenue growth of 19% to $1.26 billion, beating the consensus of $1.20 billion. Recurring fee revenues increased 19% Y/Y to $798 million. Distribution revenues rose 17% Y/Y to $401.5 million. ICS segment total revenues increased 15% Y/Y to $893 million, and GTO recurring fee revenues…

Benzinga

Why AMC Entertainment Shares Are Trading Higher Today

AMC Entertainment Holdings Inc (NYSE: AMC) is trading higher Tuesday morning after the company announced preliminary fourth-quarter financial results.

Benzinga

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Sensata Technologies Q4 Earnings Top Estimates

Sensata Technologies Holding PLC (NYSE:ST) reported fourth-quarter FY21 sales growth of 3.1% year-on-year, to $934.6 million, beating the analyst consensus of $916.37 million. Revenue decreased 0.9% on an organic basis. Adjusted EPS of $0.87 beat the analyst consensus of $0.80. The operating margin contracted 100 basis points to 16%, and operating income for…

Benzinga

Catalent's Q2 Earnings Beat Street View, Lifts FY22 Guidance

Catalent Inc (NYSE: CTLT) has reported Q2 FY22 sales of $1.

Benzinga

ScottsMiracle-Gro: First Quarter Results, Increases Full-Year Sales Outlook for U.S. Consumer Segment

Scotts Miracle-Gro Company (NYSE: SMG) announced financial results for its fiscal first quarter highlighted by a profitable quarter in the U.S. Consumer segment for only the second time in company history.

Benzinga

Stanley Black & Decker Q4 Top-Line Misses Consensus, Margin Shrinks; Sees FY22 EPS Above Consensus

Stanley Black & Decker, Inc. (NYSE:SWK) reported fourth-quarter FY21 revenue growth of 1.6% year-over-year to $4.1 billion, led by acquisitions and price realization, missing the consensus of $4.49 billion. The gross margin was 28.3% compared to 35.1% a year ago, and the adjusted gross margin was 29%, down 630 bps. Tools & Storage…

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10 Biggest Price Target Changes For Tuesday

Baird cut the price target on Tabula Rasa HealthCare, Inc. (NASDAQ: TRHC) from $24 to $11. Tabula Rasa HealthCare shares fell 2% to $10.57 in pre-market trading.

Benzinga

Cathie Wood Loads Up In These 3 Crypto-Linked Stocks On Monday

Cathie Wood-led Ark Investment Management on Monday loaded up more shares in Robinhood Markets Inc (NASDAQ: HOOD), Coinbase Global Inc (NASDAQ: COIN) and Block

Benzinga

UPS Stock Surges Post Q4 Earnings Beat, Solid FY22 Outlook

United Parcel Service, Inc. (NYSE: UPS) reported

Benzinga

Cathie Wood Buys $39.5M In Tesla Shares On Monday — Also Loads Up In This Chinese EV Rival

Cathie Wood-led Ark Investment Management on Monday further raised its exposure in Tesla Inc (NASDAQ: TSLA) and Xpeng Inc (NYSE: XPEV), doubling down eff

Benzinga

Why These Analysts Think Spotify Will Be 'Just Fine' Despite Raging Joe Rogan Controversy

Loup Funds analysts Gene Munster and Doug Clinton said Monday that Spotify Technology SA (NYSE: SPOT) is going to be “just fine” in the end despite the raging controversy over Joe Rogan and COVID-19 pandemic.

Benzinga

Eneti Inc. Announces It Has Discontinued Its Discussions With A US Shipyard To Turbine Installation Vessel; Co. Announces New Contract Awards For Seajacks

Eneti Inc. (NYSE: NETI) (the "Company") announced today that it has discontinued discussions with a shipyard in the United States to build a Jones Act-compliant Wind Turbine Installation Vessel. Emanuele A.

Benzinga

16 Stocks Moving in Tuesday's Pre-Market Session

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