The Latest Breaking News from NYSE

Hostess Brands Inc (NASDAQ:TWNK) has appointed Travis Leonard as the Chief Financial Officer (CFO), effective May 11, 2022. Leonard will succeed interim CFO Mike Gernigin, who will remain with the company as Chief Accounting Officer. Leonard joins Hostess Brands with more than 25 years of global financial executive experience at companies including Cardinal Health Inc (NYSE:CAH).…

Reuters Here’s Why HP Shares Are Trading Higher Premarket

  Constellation Brands (NYSE:STZ) reported its Q4 earnings results on Thursday, April 7, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

  Conagra Brands (NYSE:CAG) reported its Q3 earnings results on Thursday, April 7, 2022 at 07:30 AM. Here's what investors need to know about the announcement. Earnings Conagra Brands reported in-line EPS of $0.58 versus an estimate of $0.58.

Barclays analyst Brian Johnson downgraded Ford Motor Co (NYSE:F) to Equal Weight from Overweight with a price target of $17, down from $23, implying a 10.39% upside. Johnson said that the investors underestimated the risk of inflation, production pressure, and the impact of interest rate hikes in the auto and auto parts sector. The analyst…

JD.com (NASDAQ: JD), which has emerged as a potent rival to e-commerce giant Alibaba Group Holdings, Inc. (NYSE: BABA) is seeing a change of guard at the helm.

The Indian conglomerate Tata Group will roll out an all-in-one e-commerce app allowing users to buy everything from apparel to airline tickets, Bloomberg reported. Mumbai-based Tata Digital Pvt’s digital services platform, Tata Neu, will go live to consumers on April 7. The report noted Tata Neu is expected to give more power to…

Wells Fargo reduced the price target on Williams-Sonoma, Inc. (NYSE: WSM) from $160 to $140. Williams-Sonoma shares fell 5.3% to close at $140.91 on Wednesday.

Warren Buffet's Berkshire Hathaway Inc (NYSE: BRK-B) acquired 121 million shares of HP Inc (NYSE:HPQ), the latest in significant investments according to the SEC filings. Berkshire acquired an 11.4% stake in HP, worth about $4.2 billion based on HP's April 6 closing price of $34.91, Reuters reports. Investors had lost interest in companies like HP over concerns of surging inflation, curbing…

Gainers HTG Molecular Diagnostics, Inc. (NASDAQ: HTGM) rose 46.7% to $1.88 in pre-market trading after the company announced it has harmonized its miRNA Whole Transcriptome Assay with the HTG Transcriptome Panel.

Analysts lauded System1 Inc's (NYSE:SST) Q4 FY21 beat and FY22 guidance. Benchmark analyst Daniel Kurnos noted that shares of System1 closed up 23% on a volume of 32 million shares on April 6 post Q4 beat.  Kurnos called System1 "more than a meme" and saw it ready for another year of outperformance in 2022. Kurnos has…