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The Latest Breaking News from NYSE

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

Hertz Global Holdings Inc (NASDAQ:HTZ) has appointed Stephen M. Scherr as Chief Executive Officer. Scherr will assume his role as CEO and board member of Hertz on February 28, 2022. Scherr spent nearly three decades at Goldman Sachs Group Inc (NYSE:GS), leading a range of strategic and operational functions, departing the firm as Chief…

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GrafTech Shares Gain On Q4 Earnings Beat

GrafTech International Ltd (NYSE:EAF) reported fourth-quarter sales growth of 7.5% year-over-year to $363.29 million, beating the consensus of $356 million. Adjusted EPS improved to $0.50 from $0.43 in 4Q20, beating the consensus of $0.42. Sales volume increased 19% Y/Y. Production volume increased 28% Y/Y. The gross margin contracted 224 bps to 49.7%. The…

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Analysts Cut Pinterest Price Target Post Q4 Results

Analysts mainly slashed their price targets on Pinterest Inc (NYSE:PINS) post Q4 results. BofA analyst Justin Post lowered the price target on Pinterest to $46 from $57 (87.7% upside) and kept a Neutral rating on the shares. While the company reported better than expected revenue and adjusted EBITDA, users are "still under pressure," said Post, who…

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Valneva - Pfizer Choose Three-Dose Schedule For Lyme Vaccine Candidate Moving Forward

Valneva SE (NASDAQ: VALN) and Pfizer Inc (NYSE: PFE) have

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Scotts Miracle-Gro Reports Expiration And Results Of $500M Exchange Offer For 4.000% Senior Notes

Scotts Miracle-Gro (NYSE: SMG) announced the expiration and results of its previously announced registered exchange offer to exchange any and all of its $500 million aggregate principal amount of 4.000% senior notes due 2031. The notes were issued in a private placement on March 17,

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Spectrum Brands Clocks 2.9% Sales Growth In Q1; Notes Margin Pressure

Spectrum Brands Holdings Inc (NYSE: SPB)

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Recap: Royal Caribbean Q4 Earnings

Royal Caribbean Group (NYSE:RCL) reported its Q4 earnings results on Friday, February 4, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

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Bristol Myers Q4 Revenue, FY22 Sales Outlook Lag Consensus

Bristol Myers Squibb & Co (NYSE: BMY) has posted

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Read How Analysts Reacted To Snap's Q4 Results

Analysts had mixed opinions on Snap Inc (NYSE: SNAP) post Q4 results. However, they continue to see a sharp upside.

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GrafTech International: Q4 Earnings Insights

GrafTech International (NYSE:EAF) reported its Q4 earnings results on Friday, February 4, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

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Bristol-Myers Squibb: Q4 Earnings Insights

Bristol-Myers Squibb (NYSE:BMY) reported its Q4 earnings results on Friday, February 4, 2022 at 06:59 AM. Here's what investors need to know about the announcement.

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Recap: Ubiquiti Q2 Earnings

Ubiquiti (NYSE:UI) reported its Q2 earnings results on Friday, February 4, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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12 Information Technology Stocks Moving In Friday's Pre-Market Session

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Eaton Reports 6% Organic Sales Growth In Q4, Provides FY22 Guidance

Eaton Corp PLC (NYSE:ETN) reported fourth-quarter net sales growth of 2.4% year-over-year to $4.798 billion, missing the consensus of $4.90 billion. The sales increase consisted of 6% organic growth and 7% growth from acquisitions, offset by 10% from the divestiture of the Hydraulics business and 1% from unfavorable currency translation. Sales by segments:…

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Why Are Bill.com Shares Trading Higher Today?

Analyst opinions remain mixed on Bill.com Holdings Inc (NYSE: BILL)

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If You Invested $1,000 In Alibaba's Stock One Year Ago, Here's How Much You'd Have Now

Investors who have owned stocks in the past year have generally experienced some solid gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 22%. But there is no question some big-name stocks performed better than others along the way.

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IBM Collaborates With Quebec Government

International Business Machines Corp (NYSE:IBM) collaborated with the Government of Quebec. They look to further establish Quebec as a leading technology hub in the development of quantum computing, artificial intelligence, semiconductors, and high-performance computing through the launch of the Quebec-IBM Discovery Accelerator. The new technology hub focuses on developing new projects, collaborations, and…

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NYSE-Listed Pharma Co. Dr. Reddy's To Acquire German Medical Cannabis Firm Nimbus Health GmbH

Pharmaceutical company Dr. Reddy's Laboratories Ltd. (NYSE:RDY) has entered into a definitive agreement to acquire Nimbus Health GmbH, a medical cannabis-focused licensed pharmaceutical wholesaler from Germany. Under the agreement, Dr.

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10 Biggest Price Target Changes For Friday

JP Morgan boosted the price target for Amazon.com, Inc. (NASDAQ: AMZN) from $4,350 to $4,500. Amazon shares jumped 11% to $3,081.07 in pre-market trading.

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Lannett's Q2 Sales, Profit Hit By Pricing Pressures, Lowers FY22 Outlook

Lannett Company Inc (NYSE: LCI) reported

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Cathie Wood Buys $2M Worth More Of This US Listed Chinese EV Player And Sells PayPal On Thursday

Cathie Wood-led Ark Investment Management on Thursday further raised its exposure in the U.S.

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This Analyst Recommends Ford Despite Q4 Results Missing 3 Out Of 4 Metrics

Ford Motor Company (NYSE: F) reported weaker-than-expected earnings results for its fourth quarter after the closing bell on Thursday. Michael Ward of Benchmark told CNBC that the recent quarter was disappointing for Ford and the company missed on three out of four metrics he was tracking.

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JPMorgan Bumps Up Allegheny Price Target Post Q4 Results

JPMorgan analyst Seth Seifman raised the price target on Allegheny Technologies Inc (NYSE:ATI) to $26 (an upside of 15.7%) from $23 and reiterated an Overweight rating on the shares post the Q4 results. Seifman mentions Allegheny's operational results surprised to the upside, with HPMC margins exceeding pre-COVID levels. Related: Allegheny Stock Surges As Q4 Results Top…

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Why Jim Cramer Recommends Buying Rattler Midstream

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Nextdoor Holdings, Inc. (NYSE: KIND) is a "great advertising vehicle, but it was a SPAC…and therefore, it’s no good. I mean, honest to God…That’s how the market looks at it."

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Recap: Adient Q1 Earnings

Adient (NYSE:ADNT) reported its Q1 earnings results on Friday, February 4, 2022 at 06:50 AM. Here's what investors need to know about the announcement.

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