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The Latest Breaking News from NYSE

‘Money is the biggest fetish in the world’ — Balenciaga takes over New York Stock Exchange

Demna Gvasalia showcased gimp suits and a new Adidas collaboration inside the home of capitalism

Evening Standard

Biohaven's Neurological Disease Candidate Flunks In Late-Stage Study

Biohaven's Neurological Disease Candidate Flunks In Late-Stage Study

Biohaven Pharmaceutical Holding Co Ltd (NYSE:BHVN) has announced topline Phase 3 results of troriluzole in patients with spinocerebellar ataxia (SCA). The primary endpoint measured the change in the severity of symptoms among patients from the baseline to week 48 of treatment. It did not reach statistical significance in the overall SCA population as…

Offerpad Solutions's Return on Invested Capital Overview

Offerpad Solutions's Return on Invested Capital Overview

According to Benzinga Pro, during Q1, Offerpad Solutions (NYSE:OPAD) earned $40.99 million, a 220.07% increase from the preceding quarter. Offerpad Solutions also posted a total of $1.38 billion in sales, a 58.72% increase since Q4.

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Seagen Posts Encouraging Data From Tucatinib Combo Trial In Colorectal Cancer

Seagen Inc (NASDAQ:SGEN) announced topline results from phase 2 MOUNTAINEER trial investigating Tukysa (tucatinib) in combination with trastuzumab in previously treated HER2-positive metastatic colorectal cancer (mCRC) patients. Trastuzumab is sold under the name Herceptin by Genentech, a unit of Roche Holdings AG (OTC:RHHBY). Data from this trial will form the basis of a planned supplemental…

Benzinga's Top Ratings Upgrades, Downgrades For May 23, 2022

Starbucks Closes Russia Business Permanently: WSJ

Starbucks Corp (NASDAQ:SBUX) is shutting down its business in Russia, the Wall Street Journal reported. The coffee giant has decided to permanently close operations in its 130 stores and would no longer have an operation in Russia. The company had suspended its licensee's Russian business on March 8. The report noted the company…

Why This Cruise Stock Analyst Is Cutting Price Targets Following Carnival Debt Offering

Carnival Corp (NYSE: CCL) completed a much-needed $1 billion debt offering last week, and one Wall Street analyst said Monday that shareholders of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and Royal Caribbean C

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Mid-Morning Market Update: Markets Mixed; Broadcom In Talks To Buy VMWare

Mid-Morning Market Update: Markets Mixed; Broadcom In Talks To Buy VMWare

U.S. stocks traded mixed this morning, with the Dow Jones gaining around 250 points on Monday.

Autoliv Refinances Existing Revolving Credit Facility

Autoliv Refinances Existing Revolving Credit Facility

Autoliv Inc (NYSE:ALV) has refinanced its existing $1.1 billion revolving credit facility agreement maturing in July 2023. The new $1.1 billion facility agreement has a five-year maturity, with two extension options for one year each. The Northern Trust Company is the lead arranger for the credit facility. The financial commitment does not contain…

DiDi Investors To Vote On US Delisting

DiDi Investors To Vote On US Delisting

DiDi Global Inc (NYSE:DIDI) shareholders will vote to delist from the NYSE to get its services back on to Chinese app stores for the first time in almost a year. The plan to delist comes almost a year after the company pushed ahead with a $4.4 billion initial public offering in the U.S.…

Why Emergent Biosolutions Stock Is Rising Today

Why Emergent Biosolutions Stock Is Rising Today

Emergent Biosolutions Inc (NYSE: EBS) shares are trading higher Monday amid increasing monkeypox concerns.

Yuchai Power Generation Engine Gets Off-Road Tier 4 Emissions Certification

Yuchai Power Generation Engine Gets Off-Road Tier 4 Emissions Certification

China Yuchai International Limited's (NYSE:CYD) model YCA05210-D40 has been certified for the off-road Tier 4 emission standards, to be implemented at the beginning of December 2022 in China. China Yuchai manufactures and distributes engines for on- and off-road applications in China through its main operating subsidiary, GYMCL. The Yuchai YCA05 series model…

KBR Bags $44M Task Order To Protect US Air Force Systems, Software

KBR Bags $44M Task Order To Protect US Air Force Systems, Software

KBR, Inc. (NYSE:KBR) has secured a $44 million task order to protect U.S. Air Force systems and software from unauthorized access, use, disclosure, disruption, modification, or destruction. Under the five-year task order, KBR will perform research, analysis, and assessments for the AFLCMC Engineering Directorate to identify, mitigate, and eliminate system vulnerabilities to protect…

Where Dell Technologies Stands With Analysts

Where Dell Technologies Stands With Analysts

Dell Technologies (NYSE:DELL) has observed the following analyst ratings within the last quarter:

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Where LyondellBasell Industries Stands With Analysts

LyondellBasell Industries (NYSE:LYB) has observed the following analyst ratings within the last quarter:

What 5 Analyst Ratings Have To Say About Black Stone Minerals

Analysts have provided the following ratings for Black Stone Minerals (NYSE:BSM) within the last quarter:

RV Dealer Camping World Makes Largest Acquisition In Its History - Read More

Camping World Holdings Inc (NYSE:CWH) has agreed to acquire Richardson's RV Centers in California. The financial terms of the deal were not disclosed. The agreement includes eight locations in California and Indiana, five current dealership locations, one future dealership location, and two parts and service centers. The California locations will transition to the Camping…

Twitter, Meta See NY State Comptroller's Anger For Inadequate Content Moderation

New York State Comptroller Thomas DiNapoli has sought votes against directors at Twitter Inc (NYSE:TWTR) and Facebook parent Meta Platforms Inc (NASDAQ:FB) at their upcoming annual meetings, Reuters reports. Twitter and Meta's failure to tackle harmful content, including a mass shooting in Buffalo, N.Y., has led to the call. Thomas DiNapoli, who oversees New York's pension…

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5 Stocks To Watch For May 23, 2022

Some of the stocks that may grab investor focus today are:

Broadcom In Talks To Buy Cloud Computing Firm VMWare: Report

Broadcom Inc (NASDAQ: AVGO) is reportedly in discussions to take over cloud computing company VMWare Inc (NYSE: VMW).

A superstar investor with the Midas touch or just lucky? The puzzle of Cathie Wood

She became one of Wall Street's most successful stock pickers during the pandemic, with millions of followers in social media, but Wood is struggling this year and facing intense scrutiny.

Tesla Drops To Number 2: Is Cathie Wood's Ark Invest Losing Confidence In Its Favorite Stock?

Tesla, Inc. (NASDAQ: TSLA) stock has been going downhill since peaking in early November 2021.

EV Week In Review: Tesla's ESG Index Expulsion, 'Elongate' Scandal, Nio's Singapore Listing, Pear EV Update From Fisker And More

EV stocks bucked the broader market downturn and ended mostly higher, although market leader Tesla, Inc. (NASDAQ: TSLA) was down for a fourth straight week. Charging stocks also came under selling pressure, while China EV stocks recorded handsome gains.

Chicago Sun-Times

Wall Street’s final-hour rally saves it from maw of bear market

Rising interest rates, high inflation, the war in Ukraine, and a slowdown in China’s economy are all punishing stocks and raising fears about a possible U.S. recession.

Taiwan Semiconductor Whale Trades For May 20

Someone with a lot of money to spend has taken a bullish stance on Taiwan Semiconductor (NYSE:TSM). 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.

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