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The Latest Breaking News from NYSE

Analyst Ratings for Digital Realty Trust

Digital Realty Trust (NYSE:DLR) has observed the following analyst ratings within the last quarter:

Benzinga

Barclays Maintains Equal-Weight Rating for WEC Energy Gr: Here's What You Need To Know

Barclays has decided to maintain its Equal-Weight rating of WEC Energy Gr (NYSE:WEC) and raise its price target from $107.00 to $108.00. Shares of WEC Energy Gr are trading down 1.2% over the last 24 hours, at $90.95 per share.

Benzinga

Tapestry — Owner Of Fashion Brand Coach — Is A "Structural Pandemic Winner," Jefferies Says In Upgrade: What Else Impressed This Analyst?

Tapestry Inc (NYSE: TPR) has been through a culture change focusing on data-driven results, which should continue to drive progress, according to Jefferies.

Benzinga

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Why Nio Stock Is Rising Today

NIO Inc (NYSE: NIO) shares are trading higher Wednesday amid its virtual product launch event featuring the company's new ES7 SUV.

Benzinga

Here's How Much $1000 Invested In NextEra Energy 10 Years Ago Would Be Worth Today

NextEra Energy (NYSE:NEE) has outperformed the market over the past 10 years by 5.08% on an annualized basis producing an average annual return of 15.82%. Currently, NextEra Energy has a market capitalization of $144.79 billion.

Benzinga

Read How John Wiley & Sons Fared In Q4

John Wiley & Sons Inc (NYSE:WLY) reported fourth-quarter FY22 sales growth of 2% year-on-year to $545.7 million. Revenue from Research Publishing & Platforms rose 5%, Academic & Professional Learning declined 7%, and Education Services increased 8%. Costs and expenses increased 0.5% Y/Y to $487.2 million. The operating margin expanded Y/Y from 9.6% to…

Benzinga

The Joe Rogan Effect Continues: Spotify Debuts 'Safety Advisory Council' To Address Thorny Content

The brouhaha concerning Joe Rogan’s podcast that scalded over earlier this year continues to resonate as Spotify Technology SA (NYSE: SPOT) announced the formation of a “Safety Advisory Council” designed to offer third-party input on problematic content and online behavior.<

Benzinga

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Market Awaits Fed Rate Hike Decision: How Aggressive Will The FOMC Get Today?

The SPDR S&P 500 ETF Trust (NYSE: SPY) rebounded a bit from its early week downturn on Wednesday morning ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET.

Benzinga

Diana Shipping Sells m/v Baltimore Capesize Dry Bulk Vessel

Diana Shipping Inc (NYSE:DSX) has agreed to sell one of its dry bulk vessels, the m/v Baltimore, to OceanPal Inc., for $22 million. The company noted that 20% of the purchase price was paid upon signing the Memorandum of Agreement. The remaining 80% will be paid upon delivery of the vessel in…

Benzinga

Here's Why KeyBanc Considers Disney's IPL Rights Win As Neutral Outcome

KeyBanc analyst Brandon Nispel sees Walt Disney Company (NYSE:DIS) winning TV IPL rights as a neutral outcome for DIS. Nispel would have liked DIS to pursue Digital rights over TV rights, given the ongoing secular challenges of PayTV. However, there appear to be some benefits due to the importance of IPL to the Star ecosystem. …

Benzinga

Qudian Finds New Business Model in Buying Back Shares

Key Takeaways: Qudian has announced a $200 million share buyback plan, extending a recent series of buying of its own stock Aggressive share purchasing comes as Qudian dramatically scales back its original consumer lending business and searches for a new business model By Doug Young

Benzinga

4 Analysts Have This to Say About Oscar Health

Oscar Health (NYSE:OSCR) has observed the following analyst ratings within the last quarter:

Benzinga

$100 Invested In This Stock 20 Years Ago Would Be Worth $3,000 Today

Mettler-Toledo Intl (NYSE:MTD) has outperformed the market over the past 20 years by 11.78% on an annualized basis producing an average annual return of 18.65%. Currently, Mettler-Toledo Intl has a market capitalization of $26.40 billion.

Benzinga

Flowserve Bags Contract To Supply Pumps To TMGcore

Flowserve Corp (NYSE:FLS) has secured a contract to provide pumps to TMGcore, Inc., a Texas-based provider of computing solutions specializing in liquid immersion cooling technology. Financial terms were not disclosed. TMGcore will receive 5,000 industrial process pumps from Flowserve and AGI Industries, which will be used in various proprietary immersion cooling units…

Benzinga

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Benzinga

Ominous Death Cross Forms On Southern Copper's Chart

If history is any guide, there may be trouble ahead for shares of Southern Copper (NYSE:SCCO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

This Foreboding Sign Looms Over Hilton Worldwide Holdings's Chart

If history is any guide, there may be trouble ahead for shares of Hilton Worldwide Holdings (NYSE:HLT). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

Short Volatility Alert: Fortune Brands Home & Security, Inc.

On Tuesday, shares of Fortune Brands Home & Security, Inc. (NYSE: FBHS) experienced volatile short activity. After the activity, the stock price went down -1.27% to $61.32. The overall sentiment for FBHS has been Bearish.

Benzinga

Short Volatility Alert: PG&E Corporation

On Tuesday, shares of PG&E Corporation (NYSE: PCG) experienced volatile short activity. After the activity, the stock price went down -4.23% to $9.96. The overall sentiment for PGE has been Bearish.

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Benzinga

Why Sidus Space Shares Are Skyrocketing Today

Sidus Space, Inc. (NASDAQ:SIDU), a Space-as-a-Service company, is now a part of the Collins Aerospace team, which was awarded NASA's Exploration Extravehicular Activity (xEVAS) services contract. Recently, NASA awarded the contract to Collins Aerospace and Axiom Space. Collins Aerospace is a unit of Raytheon Technologies Corp (NYSE:RTX). The xEVAS contract has a potential value of $3.5 billion…

Benzinga

This Day In Market History: Pandora Goes Public

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2011, Pandora (OTC: PANDY) went public.

Benzinga

Post Holdings Expands Post Consumer Brands Business

Post Holdings Inc (NYSE:POST) plans to expand its Post Consumer Brands business by investing up to $110 million. The company will expand its cereal production capacity at its Sparks, Nevada facility. The proposed expansion is expected to provide Post Consumer Brands with additional production volume, address capacity constraints, and reduce transportation costs. Project…

Benzinga

Nio Premieres ES7 SUV, Revamped 2022 Models: What EV Investors Need To Know

Nio, Inc. (NYSE: NIO) stock is retreating in Wednesday's session following a virtual product launch highlighted by the premiere of the ES7 SUV.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 15, 2022

Upgrades

Benzinga

Wells Fargo Changes Its Stance and Re-rates Spotify: Find Out Why

Wells Fargo analyst Steven Cahall upgraded Spotify Technology S.A. (NYSE:SPOT) from Underweight to Equal-Weight. He raised the price target from $101 to $124. Following its June 2022 investor day, Cahall gained more compelling insights into SPOT's operating leverage. Cahall noted the company's belief in accomplishing an operating margin of ~10% in ~5 years, as gross…

Benzinga

Mid-Morning Market Update: Markets Open Higher; US Retail Sales Drop In May

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Wednesday.

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