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The Latest Breaking News from NYSE

Armstrong World Industries Reveals CFO Transition Plan

Armstrong World Industries Inc (NYSE:AWI) has appointed Christopher P. Calzaretta to succeed Brian MacNeal as its next chief financial officer, effective August 1, 2022. When Calzaretta assumes a new role as CFO, MacNeal will continue in an advisory role through September 1, 2022, to support a smooth transition. Calzaretta brings over 20 years…

Benzinga

Donaldson Acquires Early-Stage Biotechnology Company Purilogics

Donaldson Company, Inc. (NYSE:DCI) has acquired Purilogics, LLC, an early-stage biotechnology company, for an initial purchase price of $20 million plus milestone-based earnout payments over the next five years. Founded in 2013 by Jinxiang Zhou and Scott Husson, Purilogics is based in Greenville, South Carolina. Purilogics offers a broad portfolio of purification…

Benzinga

AT&T Braces For Possible Price Hike Citing Inflation Woes Shortly After Verizon

AT&T Inc (NYSE:T) could hike mobile-service prices again to ease the impact of the surging inflation, Bloomberg quotes CFO Pascal Desroches. Inflation pressure is outrunning cost projections, Desroches reasoned. "We're seeing inflation in labor, supplies, energy, and transport. So we're keeping an eye on it," Desroches said at an investor conference. Also Read: This…

Benzinga

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Shopify Whale Trades Spotted

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

Benzinga

Here's How Much $100 Invested In Itau Unibanco Holding 20 Years Ago Would Be Worth Today

Itau Unibanco Holding (NYSE:ITUB) has outperformed the market over the past 20 years by 1.19% on an annualized basis producing an average annual return of 8.05%. Currently, Itau Unibanco Holding has a market capitalization of $44.55 billion.

Benzinga

EU Urges Pfizer To Further Delay COVID-19 Vaccine Deliveries: Reuters

Amid lower demand, Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) agreed to delay supplies of their Covid-19 shot to the European Union. Doses to be shipped from June to August would be sent in September and Q4. Reuters reports that the bloc is putting heat on Pfizer to restrict supplies further. The move comes two weeks after…

Benzinga

Mistaken Identity? Drink Maker Celsius Falls 10% On Monday

“What’s in a name? That which we call a rose by any other name would smell just as sweet.” A beverage company might be wishing it didn’t share a name with a cryptocurrency platform after being mistakenly linked.

Benzinga

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NFL Says Pizza! Pizza!, Inks Deal With Little Caesars

Pizza restaurant company Pizza Hut has famously said that “no one outpizzas the hut.” It seems rival Little Caesars did just that by grabbing a partnership with the National Football League away from Pizza Hut.

Benzinga

4 Analysts Have This to Say About Americold Realty Trust

Within the last quarter, Americold Realty Trust (NYSE:COLD) has observed the following analyst ratings:

Benzinga

What's Going On With Alibaba Stock?

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading higher Tuesday alongside several Chinese companies in possible anticipation of the country's "618" holiday shopping event.

Benzinga

Insurance Stocks Moving In Tuesday's Intraday Session

According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session.

Benzinga

Analyst Ratings for Tronox Holdings

Within the last quarter, Tronox Holdings (NYSE:TROX) has observed the following analyst ratings:

Benzinga

What Are Whales Doing With Exxon Mobil

Someone with a lot of money to spend has taken a bullish stance on Exxon Mobil (NYSE:XOM). 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.

Benzinga

This Is What Whales Are Betting On Suncor Energy

A whale with a lot of money to spend has taken a noticeably bearish stance on Suncor Energy. Looking at options history for Suncor Energy (NYSE:SU) we detected 13 strange trades.

Benzinga

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Benzinga

Where Best Buy Co Stands With Analysts

Analysts have provided the following ratings for Best Buy Co (NYSE:BBY) within the last quarter:

Benzinga

Barclays Maintains Equal-Weight Rating for Devon Energy: Here's What You Need To Know

Barclays has decided to maintain its Equal-Weight rating of Devon Energy (NYSE:DVN) and raise its price target from $73.00 to $90.00. Shares of Devon Energy are trading up 3.37% over the last 24 hours, at $71.58 per share. A move to $90.00 would account for a 25.74% increase from the…

Benzinga

Piper Sandler Maintains Overweight Rating for Phreesia: Here's What You Need To Know

Piper Sandler has decided to maintain its Overweight rating of Phreesia (NYSE:PHR) and lower its price target from $42.00 to $32.00. Shares of Phreesia are trading down 1.07% over the last 24 hours, at $17.50 per share. A move to $32.00 would account for a 82.86% increase from the current…

Benzinga

Mid-Day Market Update: Dow Turns Lower; Qudian Shares Surge

U.S. stocks pared gains midway through trading, with the Dow Jones and S&P 500 turning lower on Tuesday.

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Benzinga

41 Stocks Moving In Tuesday's Mid-Day Session

Gainers Revlon, Inc. (NYSE: REV) rose 125.5% to $2.6499. Revlon’s stock dropped sharply on Monday after the company is reportedly expected to file for bankruptcy.

Benzinga

$100 Invested In This Stock 10 Years Ago Would Be Worth $400 Today

KKR & Co (NYSE:KKR) has outperformed the market over the past 10 years by 3.6% on an annualized basis producing an average annual return of 14.27%. Currently, KKR & Co has a market capitalization of $28.07 billion.

Benzinga

Juneteenth 2022: What's Open, What's Closed And What Is The Holiday All About?

The new federal Juneteenth holiday falls on June 19, but as with other federal holidays that fall on a weekend the official observance is shifted to the neighboring weekday, in this case June 20.

Benzinga

Analyst: As Chemical Sector Takes A Hit, Here Are The 3 Best Stocks To Buy

As the commodity market shifts to an environment of stagflation and U.S. economic recession risks rise, Bank of America adjusted its coverage of chemical stocks on Tuesday.

Benzinga

What's Going On With Snap Stock?

Snap Inc (NYSE: SNAP) shares are trading higher Tuesday, but the stock has fallen nearly 75% since the start of the year — what's going on?

Benzinga

7 Stocks Forming Bearish Chart Patterns In June

Several US stocks are forming bearish chart patterns in June. The bearish chart patterns forming are well-known chart patterns used in technical analysis including:

Benzinga

ReneSola Encounters Headwinds but Looks Better Positioned Than Most

Key Takeaways: ReneSola has encountered recent headwinds due to Covid-related lockdowns in China and withdrawal from a major U.S. project Company looks better positioned than peers from other industries due to accelerating focus on renewable power construction in the west By Doug Young

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