The Latest Breaking News from NYSE

Enbridge (NYSE:ENB) has outperformed the market over the past 20 years by 2.37% on an annualized basis producing an average annual return of 9.17%. Currently, Enbridge has a market capitalization of $89.73 billion.

The S&P 500 officially dropped into bear market territory Monday as global financial markets continue to decline following the latest round of U.S. inflation data.

RBC Capital analyst Daniel. R. Perlin looked forward to the Fintech Conference on June 14. Investor feedback was generally constructive, with most investors focused on which names in its universe have the higher probability for positive revisions in 2H/22 versus names at risk. 

Wells Fargo analyst Gabe Hajde raised the price target for Greif, Inc (NYSE:GEF) to $73 from $71 while maintaining the Overweight rating on the shares. The analyst increased the price target reflecting on what he believes to be the solid operational execution. Despite persistent supply chain challenges, Hajde is encouraged to see another quarter of…

Zac Prince, CEO of cryptocurrency exchange and lender BlockFi, took to Twitter Inc (NYSE: TWTR) on Monday to announce the company intends to lay off 20% of its staff.

Shares of the ARK Innovation ETF (NYSE: ARKK) dropped 8% Monday and are now down 68.6% over the past 12 months. ARKK fund manager Cathie Wood said Monday morning that the credit default market seems to confirm that the market outlook has significantly worsened.

B. Riley analyst Jeff Van Sinderen raised the price target on Cadre Holdings Inc (NYSE:CDRE) to $31 from $27 while maintaining the Buy rating on the shares. The analyst mentions that the company's follow-on offering will help it drive profitable growth over the next several years through accretive acquisitions, expanding product offerings, entering new markets, and expanding…

Highly anticipated movie “Lightyear” will not be released in two international territories. Here’s why the latest movie in the Toy Story franchise won’t be included there.

First Republic Bank (NYSE:FRC) has outperformed the market over the past 10 years by 4.58% on an annualized basis producing an average annual return of 15.4%. Currently, First Republic Bank has a market capitalization of $24.53 billion.

Credit Suisse has decided to maintain its Neutral rating of Coterra Energy (NYSE:CTRA) and raise its price target from $30.00 to $35.00. Shares of Coterra Energy are trading down 4.37% over the last 24 hours, at $32.81 per share.

EOG Resources (NYSE:EOG) has outperformed the market over the past 15 years by 2.19% on an annualized basis producing an average annual return of 8.41%. Currently, EOG Resources has a market capitalization of $78.09 billion.