The Latest Breaking News from NYSE

Here's a roundup of top developments in the biotech space over the last 24 hours:

Some of Wall Street's biggest brokerages have reiterated their bullish calls for Alibaba Group Holding Limited (NYSE: BABA), indicating more gains after it surged from a mid-March low, 

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

UBS cut Moelis & Company (NYSE: MC) price target from $54 to $40. Moelis shares rose 3% to close at $40.84 on Tuesday.

Amazon.com Inc (NASDAQ: AMZN) agreed to acquire a 2%

Walmart Inc (NYSE:WMT) is planning to levy a new fee for some of its suppliers to transport goods to its warehouses and stores, Reuters reported. The move, effective from August, is in response to the soaring fuel and transportation costs. Walmart will charge a "collect pickup charge" which is a percentage of…

Through its wholly-owned subsidiary Domtar Corporation, the Paper Excellence Group has agreed to acquire Resolute Forest Products Inc (NYSE:RFP). Fairfax Financial Holdings Limited, a significant stockholder of Resolute with a 40% stake, has supported the acquisition. The transaction brings complementary capabilities in lumber and pulp to Paper Excellence. Resolute will become a wholly-owned subsidiary of…

  Companies Reporting After The Bell • Saratoga Investment (NYSE:SAR) is expected to report quarterly earnings at $0.53 per share on revenue of $19.21 million.

Gainers Hexo Corp (NYSE: HEXO) rose 106.8% to $0.43 in pre-market trading. HEXO’s shareholders, on Tuesday, approved the note transaction with Tilray Brands.