The Latest Breaking News from NYSE

ASGN Inc (NYSE:ASGN) price target has been lowered to $110 (an upside of 32%) from $150 by Truist Securities analyst Tobey Sommer. The price target reduction reflects a reduced forward earnings multiple among its peers. Meanwhile, the analyst maintained the Buy rating on the shares. Sommer states that the company's emerging Consulting segment should be…

Stantec Inc.(TSX:STN), (NYSE:STN) has been selected to lead construction management for the $220 million Blue Line Bus Rapid Transit (BRT) project in the City of Indianapolis. The 24-mile, all battery-electric bus system will follow the path of the existing Route 8, providing safer and more reliable services to communities. In partnership…

Lowe's Companies (NYSE:LOW) has outperformed the market over the past 20 years by 4.12% on an annualized basis producing an average annual return of 10.96%. Currently, Lowe's Companies has a market capitalization of $113.55 billion.

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 60 points on Tuesday.

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…

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…

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…

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.

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.