The Latest Breaking News from NYSE

Tuesday marks the last chance for investors to receive the next dividend payout from CTO Realty Growth (NYSE:CTO).

President Joe Biden responded to Elon Musk’s comments about having a “super bad feeling” about the economy with a sarcastic quip about the Tesla (NASDAQ:

Pulled from Benzinga Pro data, Hilton Grand Vacations (NYSE:HGV) posted Q1 earnings of $51.00 million, an increase from Q4 of 32.0%. Sales dropped to $779.00 million, a 7.04% decrease between quarters.

Pulled from Benzinga Pro data, BWX Technologies (NYSE:BWXT) posted Q1 earnings of $59.07 million, an increase from Q4 of 49.47%. Sales dropped to $531.00 million, a 10.3% decrease between quarters.

MSC Industrial Direct Co Inc. (NYSE:MSM) has acquired Engman-Taylor, a Menomonee Falls, Wisconsin-based distributor of metalworking tools and supplies. Financial terms were not disclosed. MSC Industrial expects the acquisition to be roughly neutral to its FY22 earnings and slightly accretive to FY23 earnings. Engman-Taylor will continue to do business under its current…

The Federal Reserve's interest rate increases to reduce inflationary pressure, and recession fears, have driven many SPAC stocks to significant price declines of late. The shares of Hims & Hers Health (HIMS), Clover Health Investments (CLOV), and BARK (BARK) have retreated more than 60% since these companies went public via…

Mohawk Industries Inc (NYSE:MHK) has agreed to acquire the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) for about $293 million in cash. Vitromex was founded in 1967 and includes four manufacturing facilities strategically located throughout Mexico. Mohawk expects the acquisition to enhance its customer base, manufacturing efficiencies, and logistical capabilities. Vitromex's product…

U.S. stocks traded lower this morning, with the Dow Jones dropping around 150 points on Friday.