The Latest Breaking News from NYSE

Someone with a lot of money to spend has taken a bearish stance on UnitedHealth Group (NYSE:UNH). 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.

In another challenging week for the markets where the Nasdaq dropped nearly 4%, insiders once again significantly stepped up their insider purchases for a third week in a row. We saw an increase across all three dimensions, number of unique insiders buying shares, the number of companies with insider buying…

Telsey Advisory Group analyst Joseph Feldman lowered the price target on Dick's Sporting Goods Inc (NYSE:DKS) to $125 (65% upside) from $153 and kept an Outperform rating on the shares. The analyst expects DKS to have a challenging Q1 as it faces a shift in consumer spending away from discretionary categories, elevated freight costs, and…

General Motors Company (NYSE: GM) was popping up over 2% higher on Monday, lifted by the S&P 500, which was shooting up about 1.5%.

Park Aerospace Corp. (NYSE:PKE) Board authorized the purchase of common shares, on the open market and privately negotiated transactions, of up to 1.5 million shares. The authorization represents ~7% of Park Aerospace's 20.5 million total outstanding shares as of the close of business on May 18, 2022. The new grant supersedes any…

Walmart Inc (NYSE:WMT) has expanded its commercial agreement with Symbotic LLC to implement the robotics and software automation platform. Symbotic's software platform will be implemented in all 42 of Walmart's regional distribution centers over the coming years. The move expands Walmart's previous commitment to deploy Symbotic Systems in 25 regional distribution centers. Symbotic System…

Advance Auto Parts Inc (NYSE:AAP) has launched DieHard EV with xEV by Clarios, 12-volt batteries designed specifically for hybrid and electric vehicles. DieHard EV is available exclusively at Advance stores, participating Carquest stores, and advanceautoparts.com. The batteries offer 30% more cycling versus standard AGM batteries for a stable performance. All DieHard AGM batteries…

Mayank Tandon from Needham has reiterated a Buy on Block, Inc (NYSE:SQ) with a price target of $135 (65.9% upside).  Last week, Tandon attended SQ's virtual analyst day. Management laid out its view of the company's bright future given the numerous growth drivers in the Seller and Cash App ecosystems, compelling LT unit economics for each…

Spire Global Inc (NYSE:SPIR) has secured a subcontract agreement from TCOM, L.P. to provide weather forecasts for ten sites where TCOM aerostats are operated.  The multi-million-dollar subcontract is for five years. Financial terms were not disclosed. The agreement includes comprehensive weather forecasts, alerts that notify aerostat site operators if bad weather is forecasted,…

The recent pullback in Motorola Solutions Inc (NYSE: MSI) stock and a market backdrop that makes defensible earnings growth seem attractive have created upside potential, according to Morgan Stanley.

India’s Paytm Payments Bank said it expects the central bank to allow it to start taking on new customers in the next few months and would comply with all the audit requirements to remove the regulatory curbs imposed on it.