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The Latest Breaking News from NYSE

Netflix Inc (NASDAQ: NFLX) shares are trading higher Wednesday as streaming, gaming and social media stocks bounce back after falling in sympathy with Snap Inc (NYSE: SNAP) on Tuesday.

Benzinga

4 Urban Outfitters Analysts React To Q1 Earnings Miss, Rising Costs, Growing Inventory

Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers.

Benzinga

10 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Benzinga

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Oatly Offers One-Hour Delivery In Los Angeles, New York City

Oatly Group AB (NASDAQ:OTLY) offers one-hour delivery of a selection of its best-selling oat-based products in Los Angeles and New York City. Consumers can order Oatly products through branded storefronts on Postmates, Uber Technologies, Inc. (NYSE:UBER) UberEats, DoorDash, Inc. (NYSE:DASH) DoorDash, and Grubhub. In addition to availability on major apps now, Oatly expects to launch one-hour delivery…

Benzinga

Stocks Moved By Traders on 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

LSB Industries Picks Bloom Energy To Build 10 MW Solid Oxide Electrolyzer

Bloom Energy (NYSE:BE) and LSB Industries, Inc (NYSE:LXU) plan to install a 10 megawatt (MW) solid oxide electrolyzer at LSB’s Pryor, Oklahoma facility. The project is expected to generate green hydrogen that will contribute to the synthesis of ~13,000 metric tons of zero-carbon ammonia per year. When integrated with high-temperature processes, Bloom’s electrolyzer is up…

Benzinga

Apple App Store Analysis: This Fitness App Just Passed Facebook, Snapchat, Amazon, Netflix And Disney+

A fitness application claimed the number one ranking in Apple Inc's (NASDAQ: AAPL) app store this week, passing several popular apps on its way to the top.

Benzinga

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Lions Gate Entertainment Corporation Class A Voting Shares Earnings Preview

Lions Gate Entertainment Corporation Class A Voting Shares (NYSE:LGF) is set to give its latest quarterly earnings report on Thursday, 2022-05-26. Here's what investors need to know before the announcement.

Benzinga

Time 100 Most Influential List Includes 10 Connected To Public Companies Such As Tim Cook, Andy Jassy And Joe Rogan

The annual Time 100 Most Influential People list for 2022 contains names such as U.S. President Joe Biden, Ukrainian President Volodymyr Zelenskyy and Chinese President Xi Jinping. The list also has several CEOs and names connected to public companies.

Benzinga

Chart Wars: Does Nordstrom Or Urban Outfitters Appear Stronger After Q1 Earnings?

Nordstrom, Inc (NYSE: JWN) and Urban Outfitters, Inc (NASDAQ: URBN) were soaring over 11% and 9%, respectively, on Wednesday after the retailers reported first-quarter financial results.

Benzinga

Insperity Hikes Quarterly Dividend By 16%

Insperity, Inc. (NYSE:NSP) increased its dividend by 16% to $0.52 from $0.45 per share. The increased dividend will be paid on June 23, 2022, to all stockholders of record as of June 9, 2022. NSP held $658.7 million in cash and equivalents as of March 31, 2022. Price Action: NSP shares are trading higher by 1.53%…

Benzinga

Why StoneMor Shares Are Soaring Today

StoneMor Inc (NYSE:STON) has agreed to be acquired by a subsidiary of Axar Capital Management LP. StoneMor shareholders will receive $3.50 in cash per share, representing a 54.2% premium to the company's closing share price on May 24, 2022. Axar currently owns about 75% of the outstanding shares of StoneMor common stock. The transaction…

Benzinga

Mid-Day Market Update: Gold Drops Over 1%; StoneMor Shares Jump

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 80 points on Wednesday.

Benzinga

Ethiopian Airlines Expands Its All-Boeing Freighter Fleet

Ethiopian Airlines further expanded its all Boeing Co (NYSE:BA) freighter fleet with an order for five 777 Freighters. Financial terms were not disclosed. "The addition of these five 777 Freighters into our cargo fleet will enable us to meet the growing demand in our cargo operation," said Ethiopian Airlines CEO Mesfin Tasew. In…

Benzinga

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Benzinga

4 Nordstrom Analysts React To Mixed Q1 Earnings: 'We Remain Skeptical'

Nordstrom, Inc. (NYSE: JWN) shares traded higher by 11% on Wednesday after the company reported strong first-quarter sales numbers and raised its full-year guidance.

Benzinga

Stephens Sees 126% Upside In LiveRamp - Read Why

Stephens & Co. analyst Nicholas Zangler maintained LiveRamp Holdings Inc (NYSE:RAMP) with an Overweight and lowered the price target from $67 to $58 (126% upside) post Q4 FY22 results. While performance was solid, the near-term outlook calling for +17% revenue growth in 1Q23 and +15% to +18% for full-year F23 is likely to disappoint investors looking…

Benzinga

50 Stocks Moving In Wednesday's Mid-Day Session

Gainers The Very Good Food Company Inc. (NASDAQ: VGFC) gained 178.3% to $0.3762 as the company announced it increased retail distribution across Canada with Loblaw Companies.

Benzinga

Dycom Industries Shares Surge On Q1 Earnings Beat

Dycom Industries, Inc. (NYSE:DY) reported a first-quarter FY23 contract revenue growth of 20.5% year-over-year to $876.3 million, up 21.1% organically, beating the consensus of $779.5 million. EPS improved to $0.65 from $0.03 in 1Q22. Adjusted EBITDA improved by 44.6% Y/Y to $63.72 million, and margin expanded by 121 bps to 7.3%. The…

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Benzinga

Where Does ServiceNow Stand With Analysts Post Investor Day?

After attending its investor day meet, analysts offered their views on ServiceNow, Inc (NYSE: NOW).

Benzinga

Look At All This Inventory: 3 Ways Retailers Account For What's On The Shelves

The retail sector has had a rocky quarter.

Benzinga

Why BlackSky Technology Shares Are Soaring Today

BlackSky Technology Inc (NYSE: BKSY) shares are trading higher Wednesday after the company was awarded a 10-year electro optical commercial layer contract with the U.S. government.

Benzinga

New Photos Show Shanghai Disneyland's Derelict State After 2 Months Of Closure

New photographs have emerged online that show parts of the Walt Disney Co.’s (NYSE: DIS) theme park in Shanghai turning in a weed-choked mess since being shuttered two months ago at the start of a pandemic lockdown.

Benzinga

TILT Amends Purchase And Sale Agreement For Its White Haven, Pennsylvania Facility

TILT Holdings Inc. (OTCQX: TLLTF) (NEO:TILT) has signed an amendment to its definitive agreement to sell its White Haven, Pennsylvania facility. The amendment allows the company and Innovative Industrial Properties, Inc. (NYSE:

Benzinga

Troika Media Shares Gain After Naming New CFO

Troika Media Group, Inc (NASDAQ:TRKA) appointed Erica Naidrich as the CFO, effective immediately. Christopher Broderick, previously CFO and COO, will remain as COO. Before joining Troika Media Group, Naidrich served as VP of Accounting and Controller for Madison Square Garden Entertainment Corp (NYSE:MSGE). Troika recently reported third-quarter FY22 revenue growth of 307% year-on-year to $15.7 million. The…

Benzinga

What's Going On With Kohl's Shares Today

Bidders seeking to acquire Kohl's Corp (NYSE:KSS) are likely to make offers lower than their initial ones to reflect the market downturn, Reuters reported. The potential purchasers, including private equity firm Sycamore Partners, brand holding firm Franchise Group, J.C. Penney investors Simon Property Group, Inc. (NYSE:SPG), and Brookfield Asset Management Inc (NYSE:BAM), intend to lower their offers…

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