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The Latest Breaking News from NYSE

Drive Shack Stock Gains As Q4 Results Top Estimates

Drive Shack Inc (NYSE:DS) reported fourth-quarter FY21 sales growth of 17% year-on-year, to $70.53 million, beating the consensus of $69.26 million. Revenue from golf operations rose 4.7% Y/Y, and sales of food and beverages jumped 105% Y/Y. Operating expenses rose 23.5% Y/Y to $57 million. The operating loss for the quarter was $(6.4)…

AbbVie, Gedeon Richter Join Forces To Develop Dopamine Receptor Modulators For Neuropsychiatric Diseases

AbbVie, Gedeon Richter Join Forces To Develop Dopamine Receptor Modulators For Neuropsychiatric Diseases

AbbVie Inc (NYSE: ABBV) and Gedeon Richter Plc have

Why Are RLX Technology Shares Trading Lower Today

Why Are RLX Technology Shares Trading Lower Today

RLX Technology Inc (NYSE:RLX) reported fourth-quarter FY21 sales growth of 17.7% year-on-year, to $298.8 million (RMB1.9 billion), missing the consensus of $367.8 million. The company attributed the revenue growth to higher sales to offline distributors, reflecting the distribution and retail network expansion. Gross profit increased by 10.3% Y/Y to RMB765.5 million ($120.1 million),…

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McCormick Suspends Operations In Russia

McCormick & Co Inc (NYSE:MKC) has suspended its operations in Russia. The decision follows the company's action at the start of the Russia-Ukraine conflict to stop all advertising and promotional activity and other investments in Russia. McCormick is also supporting the Polish Center for International Aid (PCPM) and the World Central Kitchen…

Genius Sports' Q4 Top-Line Beats, Backed By New Relations With Leagues, Sportsbooks, Brands

Genius Sports Ltd (NYSE:GENI) reported fourth-quarter FY21 revenue growth of 78.7% year-on-year to $84 million, beating the consensus of $80.7 million. Segments: Betting Technology, Content & Services revenue grew 52.9% Y/Y to $53.9 million. Sports Technology & Services revenue rose 206.1% Y/Y to $13 million. Media Technology, Content & Services revenue increased 127.5%…

Morning Brief: Top Stories Dominating Financial Media on Friday, March 11

Recap: Drive Shack Q4 Earnings

Drive Shack (NYSE:DS) reported its Q4 earnings results on Friday, March 11, 2022 at 06:40 AM. Here's what investors need to know about the announcement.

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Meta Platforms And 4 Other Stocks Sold By Insiders

Meta Platforms And 4 Other Stocks Sold By Insiders

Although US crude oil futures traded higher this morning, there were a few notable insider trades.

CNBC's Final Trades: Transocean, American Express, Amazon And This Regional Bank That Will Benefit From Rising Rates

On CNBC’s “Halftime Report Final Trades,” Pete Najarian said he expects Transocean LTD (NYSE: RIG) to “go higher.”

Goldman Sachs Trims US Growth Forecast On Rising Commodity Prices: Reuters

Goldman Sachs Trims US Growth Forecast On Rising Commodity Prices: Reuters

Goldman Sachs Group Inc (NYSE:GS) analysts downgraded forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending, reported Reuters. The investment bank cut its annualized growth forecast to 2.9% against a previous expectation of 3.1%. It expects fourth-quarter…

Buckle: Q4 Earnings Insights

Buckle: Q4 Earnings Insights

Buckle (NYSE:BKE) reported its Q4 earnings results on Friday, March 11, 2022 at 06:50 AM. Here's what investors need to know about the announcement. Earnings Buckle beat estimated earnings by 17.36%, reporting an EPS of $1.69 versus an estimate of $1.44.

US Banking Giants JPMorgan, Goldman Exit Russia Over Ukraine Crisis, Others May Follow: Report

US Banking Giants JPMorgan, Goldman Exit Russia Over Ukraine Crisis, Others May Follow: Report

Goldman Sachs Group Inc (NYSE: GS) and JPMorgan Chase & Co (NYSE: JPM) announced they were unwinding their Russian businesses, becoming the first major U.S.

DiDi Had To Postpone Its IPO After Jack Ma's Ant: Bloomberg

DiDi Had To Postpone Its IPO After Jack Ma's Ant: Bloomberg

DiDi Global Inc (NYSE:DIDI) had to pull the brakes on its Hong Kong listing as it failed to satisfy China's concerns over sensitive data leak, Bloomberg reports. Uber Technologies Inc's (NYSE:UBER) Chinese counterpart remained vulnerable to the possible derailing of its listing plans and regulatory penalties. The ride-hailing company's main apps were removed from local…

10 Biggest Price Target Changes For Friday

10 Biggest Price Target Changes For Friday

Needham cut the price target on OppFi Inc. (NYSE: OPFI) from $10 to $4.5. OppFi shares rose 5.3% to $3.20 in pre-market trading.

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Twitter Names New Leaders For Consumer Division

Twitter Inc (NYSE:TWTR) named new leaders in its consumer division, Bluebird, to develop new features and services. Jay Sullivan, who led product for Meta Platforms Inc (NASDAQ:FB) Facebook's AI Assistant, and led the privacy and safety product teams on Messenger and Instagram Direct, joined Twitter late last year as the new head of product in…

30 Stocks Moving in Friday's Pre-Market Session

Toyota To Cut Production Over Chip Crunch: Reuters

Toyota Motor Corp (NYSE:TM) will cut down domestic production in April, May, and June to reign in chip supply crunch, Reuters reported. Global automakers have been facing a supply chain crunch since the COVID-19 pandemic struck and fear that the Ukrainian crisis could amplify their woes. Toyota plans to reduce domestic production…

78 Biggest Movers From Yesterday

Gainers Hycroft Mining Holding Corporation (NASDAQ: HYMC) shares jumped 138.1% to close at $1.50 on Thursday after dropping 37% on Wednesday.

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Earnings Scheduled For March 11, 2022

Companies Reporting Before The Bell • The Real Good Food (NASDAQ:RGF) is estimated to report quarterly loss at $0.19 per share on revenue of $25.29 million.

Such Speed, Much Wow! AMC Begins Accepting Dogecoin And Shiba Inu A Week Ahead Of Schedule

Movie theater chain AMC Entertainment Holdings Inc. (NYSE: AMC) has started to accept Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO:

Ford Ties Up With PG&E To Pilot Bidirectional EV Charging As Power Source For Homes

Ford Motor Co (NYSE: F) is partnering with PG&E Corp (NYSE: PCG) to introduce a bidirectional charging feature in its electric vehicles, Reuters

Why Rumors Of Nio Partnering With Warren Buffett-Backed BYD Are Resurfacing

Top executives from BYD Co (OTC: BYDDY) and Nio Inc (NYSE: NIO) were seen together at the latter’s facility at an unidentified location, reigniting rumors of a potential partnership between the two companies, CnEV

Why Alibaba, JD And Tesla Rivals Nio, Xpeng Are Crashing In Hong Kong Today

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory, on fears of increased scrutiny by American regulators and the escalating Russia-Ukraine war.

EXCLUSIVE: Ford Says Hedged Against Nickel Supplies For 'Next Few Years' To Support 'Ambitious EV Goals'

Ford Motor Co (NYSE: F) told Benzinga on Thursday it is hedged against rocketing nickel prices for a few years, helped by supply contracts for the key material used in making electric vehicle batteries.

Why Tilly's Shares Are Plunging To New 52-Week Lows

Retailer Tilly’s Inc (NYSE: TLYS) reported fourth quarter and full fiscal year 2021 financial results after market close Thursday.

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