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The Latest Breaking News from NYSE

Zhihu Registers 55% Revenue Growth In Q1 Despite COVID Resurgence, Macro Uncertainties

Zhihu Inc (NYSE:ZH) reported first-quarter FY22 revenue growth of 55.4% year-on-year to $117.2 million, beating the consensus of $107.3 million. Segments: Zhihu's Advertising revenue increased 1.7% Y/Y to $34.3 million. Paid membership revenue expanded 75.1% Y/Y to $35 million. Content-commerce solutions revenue rose 87.7% Y/Y to $35.8 million. Drivers: Average monthly active users (MAUs) grew…

Benzinga

NOW's Return On Capital Employed Insights

According to Benzinga Pro, during Q1, NOW (NYSE:DNOW) earned $30.00 million, a 150.0% increase from the preceding quarter. NOW also posted a total of $473.00 million in sales, a 9.49% increase since Q4.

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Sally Beauty Holdings's Return on Invested Capital Overview

According to Benzinga Pro, during Q2, Sally Beauty Holdings (NYSE:SBH) earned $46.81 million, a 32.0% increase from the preceding quarter. Sally Beauty Holdings's sales decreased to $911.39 million, a 7.03% change since Q1.

Benzinga

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Fortune 500 List Includes Cryptocurrency Company For The First Time; 30 Return After Missing 2021

Fortune released its annual Fortune 500 list, ranking the largest companies in America by revenue. The list included a cryptocurrency company for the first time and saw several newcomers from the previous year.

Benzinga

Looking Into Cushman & Wakefield's Return On Capital Employed

According to Benzinga Pro, during Q1, Cushman & Wakefield (NYSE:CWK) earned $45.50 million, a 68.79% increase from the preceding quarter. Cushman & Wakefield's sales decreased to $1.70 billion, a 40.92% change since Q4.

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NuStar Energy's Return On Capital Employed Insights

Pulled from Benzinga Pro data, NuStar Energy (NYSE:NS) posted Q1 earnings of $57.40 million, an increase from Q4 of 3.5%. Sales dropped to $409.86 million, a 1.81% decrease between quarters.

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Arrow Electronics Earnings Perspective: Return On Capital Employed

Pulled from Benzinga Pro data, Arrow Electronics (NYSE:ARW) showed a loss in earnings since Q4, totaling $366.00 million. Sales, on the other hand, increased by 0.64% to $9.07 billion during Q1.

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Dick's Sporting Goods Clocks 7.5% Sales Decline In Q1; Cuts FY22 Outlook

Dick's Sporting Goods Inc (NYSE:DKS) reported a first-quarter FY22 sales decline of 7.5% year-over-year to $2.70 billion, beating the consensus of $2.59 billion. Comparable store sales decreased 8.4% versus 117.1% growth a year ago. The gross profit margin contracted 83 basis points Y/Y to 36.47%. The operating margin contracted 273 basis points to…

Benzinga

Express Shares Gain Post Q1 Earnings

Express Inc (NYSE:EXPR) reported first-quarter FY22 sales growth of 30% year-over-year to $450.79 million, beating the consensus of $435.74 million. Consolidated comparable sales increased 31% versus last year. E-commerce demand grew 21% Y/Y. Comparable retail sales, including Express stores and eCommerce, rose 32%, and comparable outlet store sales increased 30%. Operating expenses rose…

Benzinga

CNBC's Final Trades: O'Reilly Automotive, Best Buy, JPMorgan Chase And This 'Top-Notch' Pharma Stock

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower chose Johnson & Johnson (NYSE: JNJ), saying that it’s “a top-notch pharmaceutical business.&rdq

Benzinga

Why Dick's Sporting Goods Stock Is Falling

Dick's Sporting Goods Inc (NYSE: DKS) shares are trading lower Wednesday morning after the company reported financial results and issued weak guidance.

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Morning Brief: Top Financial Stories Dominating on Wednesday, May 25

Reuters Ford To Pay $19.2M In Multi-State Settlement For False Advertising Claims

Benzinga

Recap: Hoegh LNG Partners Q1 Earnings

Hoegh LNG Partners (NYSE:HMLP) reported its Q1 earnings results on Wednesday, May 25, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga

Executives Sell Around $207M Of 5 Stocks

Gold futures traded lower this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

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10 Biggest Price Target Changes For Wednesday

Telsey Advisory Group cut Ralph Lauren Corporation (NYSE: RL) price target from $160 to $140. Ralph Lauren shares fell 3% to $88.40 in pre-market trading.

Benzinga

Bank of Montreal: Q2 Earnings Insights

Bank of Montreal (NYSE:BMO) reported its Q2 earnings results on Wednesday, May 25, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

Benzinga

Clearway's Energy-Global Infrastructure Partners Ink Strategic Partnership With TotalEnergies

Clearway Energy, Inc. (NYSE:CWEN) (NYSE: CWEN-A) and its renewable development partner and parent company, Clearway Energy Group LLC stated that Global Infrastructure Partners (GIP) had formed a strategic partnership with TotalEnergies SE (NYSE:TTE) in the U.S. renewable energy sector. TotalEnergies will acquire half of GIP's interest in Clearway Group, a privately-held renewable development company that serves as CWEN's…

Benzinga

Bank of Nova Scotia: Q2 Earnings Insights

Bank of Nova Scotia (NYSE:BNS) reported its Q2 earnings results on Wednesday, May 25, 2022 at 05:30 AM. Here's what investors need to know about the announcement.

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5 Stocks Under $2 Insiders Are Aggressively Buying

US crude oil futures traded higher this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment…

Benzinga

Pfizer To Sell 23 Patented Drugs, Vaccines At Lower Prices To Poorer Countries

Pfizer Inc (NYSE:PFE) will sell over 20 patent-protected drugs and vaccines at not-for-profit prices to 45 of the world's poorest countries. Under the program, Pfizer will begin shipping the medicines first to Ghana, Malawi, Rwanda, Senegal, and Uganda before the end of this year, Chief Executive Albert Bourla said in an interview. This will…

Benzinga

WeWork Co-founder Raises $70M For Crypto Carbon-Credit Startup

WeWork Inc (NYSE:WE) cofounder Adam Neumann raised $70 million from venture capitalists and others for his co-founded carbon-credit startup Flowcarbon, Bloomberg reports. The startup raised traditional funding from backers like Andreessen Horowitz’s crypto arm, General Catalyst, and Samsung Next. Flowcarbon also raised money by selling its token, called the Goddess Nature Token. Neumann,…

Benzinga

Stripe Resumes Crypto Push Drawing Inspiration From Block, PayPal

Payments company Stripe Inc looks to give customers access to Bitcoin (CRYPTO: BTC)four years after suspending support for the cryptocurrency, Bloomberg reports. Stripe collaborated with crypto startup OpenNode to help its customers to accept Bitcoin payments through a new app. Stripe customers will be able to convert incoming payments and any amount of…

Benzinga

CVS Health To Stop Filling Controlled Substances Prescriptions For Cerebral, Done Health

CVS Health Corp (NYSE: CVS) will stop

Benzinga

Nike Yet To Renew Franchise Agreements In Russia: Report

Nike Inc (NYSE:NKE) has not renewed agreements with its largest franchisee in Russia, Reuters reported, quoting Vedomosti daily newspaper. The U.S. sportswear maker suspended its Russia operations temporarily in March due to Russia's invasion of Ukraine. The head of Inventive Retail Group (IRG), which operates Nike-branded stores in Russia, reportedly said Nike…

Benzinga

Caleres Q1 Earnings Beat Street View, Raises FY22 Outlook

Caleres Inc (NYSE:CAL) reported first-quarter FY22 sales growth of 15.1% year-over-year to $735.12 million, beating the consensus of $677.28 million. Net sales in the Famous Footwear segment declined 3.4% Y/Y, and the Brand Portfolio segment rose 46.1%. The gross profit increased 19% Y/Y to $327 million, with the margin expanding 144 points to…

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