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The Latest Breaking News from NYSE

Twitter's Employees Can't Go To 'The Happiest Place On Earth' In 2023, Cost Cutting Measures Hit Company Travel

Twitter Inc (NYSE:TWTR) is ditching a companywide retreat scheduled for January 2023 at Walt Disney Company (NYSE:DIS) Disneyland - 'The Happiest Place On Earth,' Bloomberg reports. Twitter cited cost-cutting measures to reduce corporate travel behind the move. The company's occasional gathering, known as 'OneTeam,' was last held in early 2020 in Houston before the…

Jabil Clocks Over 15% Revenue Growth In Q3 Backed By DMS, EMS Segments; Boosts FY22 Outlook

Jabil Clocks Over 15% Revenue Growth In Q3 Backed By DMS, EMS Segments; Boosts FY22 Outlook

Jabil Inc (NYSE:JBL) reported third-quarter FY22 revenue growth of 15.4% year-on-year to $8.33 billion, beating the consensus of $8.22 billion. Segments: Diversified Manufacturing Services (DMS) revenue grew 7% Y/Y. Electronics Manufacturing Services (EMS) revenue improved 23% Y/Y. Jabil's non-GAAP EPS of $1.72 beat the consensus of $1.62. Jabil held $1.07 billion in cash and…

Jim Cramer Says This Company Is A Great One

Jim Cramer Says This Company Is A Great One

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Woodside Energy Group Ltd (NYSE: WDS) is a great company, with a great yield.

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Benzinga Before The Bell: Tesla Raises Prices, Revlon Goes Bankrupt And Other Top Financial Stories Thursday, June 16

Wall Street Journal Moderna Plans COVID-19 Vaccine Trial For Infants

Nike And 3 Other Stocks Insiders Are Selling

US stock futures traded lower this morning on Thursday after recording gains in the previous session. Investors, meanwhile, focused on some notable insider trades.

Morgan Stanley Bumps Up AutoZone Price Target - Read Why

Morgan Stanley analyst Simeon Gutman upgraded AutoZone Inc (NYSE:AZO) to Overweight from Equal Weight and raised the price target to $2,420 from $2,125, suggesting an upside of 20.16%. The analyst said the stock has an attractive 3:1 bull/bear skew. Simeon is confident of AutoZone’s continuation of sales and earnings growth. The analyst said he favors…

Boeing Now Has a Liaison To Raise Concerns For Employees Who Work On Behalf Of FAA: WSJ

Boeing Co. (NYSE:BA) has appointed Mark Fava as its new ombudsperson for employees working on behalf of the Federal Aviation Administration, reported WSJ. Fava is a former U.S. Navy officer and airline operations official. According to a Boeing representative, Fava has recently concentrated on regulatory issues concerning the company's commercial…

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JPMorgan's Fundraise Strategy For Wealthy Private Bets Comes With Its Share Of Pros And Cons

JPMorgan's Fundraise Strategy For Wealthy Private Bets Comes With Its Share Of Pros And Cons

JP Morgan Chase & Co (NYSE: JPM) beat Morgan Stanley (NYSE: MS) and Goldman Sachs Group, Inc (NYSE: GS) to sourc

10 Biggest Price Target Changes For Thursday

10 Biggest Price Target Changes For Thursday

Morgan Stanley raised Dollar General Corporation (NYSE: DG) price target from $225 to $250. Dollar General shares fell 1.1% to $229.78 in pre-market trading.

More Trouble For Baby Formula Production As Thunderstorms, Flood, Hit Abbott's Troubled Michigan Plant

More Trouble For Baby Formula Production As Thunderstorms, Flood, Hit Abbott's Troubled Michigan Plant

Just a few weeks after reopening its baby formula Sturgis, Michigan plant, Abbott Laboratories (NYSE:ABT) said it paused EleCare specialty baby formula production after recent thunderstorms flooded part of the facility. The company has informed the FDA and will conduct comprehensive testing with an independent third party to ensure the plant is safe to…

BHP To Retain Australian Coal Project For Another 8 Years As It Failed To...

BHP To Retain Australian Coal Project For Another 8 Years As It Failed To...

BHP Group Ltd (NYSE:BHP) will retain New South Wales Energy Coal (NSWEC) in its portfolio. The sale process of NSWEC did not result in a viable offer. The company said that moving to closure in 2030 provides the optimal financial outcome compared to alternate options. BHP will seek the relevant approvals to…

BlackRock Unveils Perpetual Infrastructure Strategy For Energy Transition, Security

BlackRock Unveils Perpetual Infrastructure Strategy For Energy Transition, Security

BlackRock Inc (NYSE:BLK) will establish a perpetual infrastructure strategy to help companies transition to lower-carbon business models over time. Over half of the strategy will be allocated to Europe initially. BlackRock had initially planned 35% - 40% of its investments in Europe, Financial Times reported. The perpetual capital strategy will start with money in…

Cosmetics Maker Revlon Files For Bankruptcy

Cosmetics Maker Revlon Files For Bankruptcy

Cosmetics brand Revlon Inc (NYSE:REV) has filed for bankruptcy under Chapter 11 after facing heavy debt. It has filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York. Related: Beauty Products Giant Revlon In Talks To File For Chapter 11 Bankruptcy: Report The filing will…

27 Stocks Moving in Thursday's Pre-Market Session

27 Stocks Moving in Thursday's Pre-Market Session

Gainers Heart Test Laboratories, Inc. (NASDAQ: HSCS) rose 92.9% to $3.28 in pre-market trading following’s Wednesday IPO.

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GM Invests $81M In Global Technical Center To Build Cadillac Celestiq

General Motors Co (NYSE:GM) plans to invest more than $81 million into the company’s Global Technical Center in Warren, Michigan, to build the Cadillac Celestiq. The electric flagship sedan will be the first production vehicle to be built at GM’s Global Technical Center since its inauguration in May 1956. The Cadillac Celestiq will…

Spotify Slows Down On Hiring Amid Macro Uncertainties

Spotify Technology S.A. (NYSE:SPOT) slowed hiring by 25%, CNBC reports based on a companywide email from CEO Daniel Ek. However, he added the company would “continue to still hire and grow, we are just going to slow that pace and be a bit more prudent with the absolute level of new hires over…

A Peek Into The Markets: US Stock Futures Down After Fed Boosts Interest Rate

Pre-open movers

71 Biggest Movers From Yesterday

Gainers Sidus Space, Inc. (NASDAQ: SIDU) shares jumped 225% to close at $4.68 on Wednesday after the company announced it is part of Collins Aerospace team which was awarded NASA's Exploration Extravehicular Activity services contract with a potential value of $3.5 billion.

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5 Stocks To Watch For June 16, 2022

Some of the stocks that may grab investor focus today are:

Disney Delays Shifting 2,000 Jobs To Florida Until 2026 As Feud With DeSantis Said To Intensify

Walt Disney Co's (NYSE: DIS) dispute with Florida Governor Ron DeSantis continues to play out, as reports suggest the media giant has halted plans to move some California-based employees to the Sunshine State.

Elon Musk's Twitter Meet 'Smart Move:' Analyst Lists Likely Questions At Event

Elon Musk will host an all-hands virtual meeting with Twitter, Inc. (NYSE: TWTR) employees on Thursday, apparent

Why Toyota Will Stick To Making Hybrid Cars Amid Growing Calls For EV Transition

Japan’s Toyota Motor Corp (NYSE: TM) has reportedly said it would continue developing and making hybrid and other low-emission vehicles amid shareholder pressure to embrace electric cars.

Why Nio Is Shooting Higher In Hong Kong Today

Shares of Chinese electric vehicle maker Nio Inc (NYSE: NIO)shot up on Thursday in Hong Kong after the company's latest product launch renewed investors' hope.

This Is What Whales Are Betting On Cenovus Energy

Someone with a lot of money to spend has taken a bearish stance on Cenovus Energy (NYSE:CVE). 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.

Alibaba Group Holding Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 112 strange trades.

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