Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 

1. STOCK NEWS: 

• The SEC has charged 16 Wall Street firms, including Bank of America (BAC), Barclays (BCS), and Citi (C), with widespread recordkeeping failures [more]
• Apple (AAPL) is pulling back from its iPhone production boost, according to Bloomberg [more]
  
• Biogen (BIIB) shares surged after the company and Eisai's (ESALY) Phase 3 trial of Alzheimer's drug lecanemab showed results that analysts called "a near best case scenario" [more]
  
• BTRS Holdings (BTRS) agreed to be acquired by private equity firm EQT for $9.50 per share in cash [more]
  
• UiPath (PATH) at its investor day announced FY24 revenue growth targets and collaborations with Microsoft (MSFT) and ManpowerGroup (MAN) [more]
  

2. WALL STREET CALLS: 

• Netflix (NFLX) upgraded to Overweight from Neutral at Atlantic Equities [more]
• Wells Fargo downgraded Lockheed (LMT) to sell, says will "under-grow" defense peers [more]
  
• Illumina (ILMN) upgraded to Outperform at Evercore ISI ahead of analyst day [more]
  
• Biogen (BIIB) upgraded at Mizuho, Baird and BMO Capital following positive trial data in early Alzheimer's disease patients [more]
  
• Susquehanna downgraded CSX (CSX) and Norfolk Southern (NSC) to Neutral from Positive [more]
  

3. AROUND THE WEB: 

• Lyft (LYFT) will freeze all U.S. hiring through the end of 2022, NY Post reports [more]
• Triumph (TGI) is near the "top of the takeover target list" after board change, Dealreporter says [more]
  
• Spruce Point says sell Broadridge (BR), sees 65%-75% downside potential [more]
  
• Macy's (M) is launching a third-party marketplace for sellers, Axios reports [more]
  
• General Motors (GM) will not mandate workers return to offices before 2023, Reuters says [more]
  

4. MOVERS: 

• Frontier Communications (FYBR) higher after being named to join the S&P 400 [more]
• DocuSign (DOCU) up after announcing a restructuring plan and intentions to reduce workforce by 9% [more]
  
• Algoma Steel (ASTL) lower in New York after providing Q2 guidance [more]
  
• Sandstorm Gold (SAND) decreases in New York after announcing $80M bought deal financing [more]
  
• Equitrans Midstream (ETRN) declines after BofA downgraded the stock to Underperform [more]
  

5. EARNINGS/GUIDANCE: 

• Cintas (CTAS) provided a "beat and raise" report for Q1 [more]
• BlackBerry (BB) reported mixed Q2 results [more]
  
• Thor Industries (THO) reported upbeat Q4 results [more]
  
• VF Corp. (VFC) cut its FY23 earnings and revenue guidance [more]
  
• Paychex (PAYX) reported upbeat Q1 earnings and revenue [more]
  

INDEXES: 

Near midday, the Dow was up 455.67, or 1.56%, to 29,590.66, the Nasdaq was up 167.99, or 1.55%, to 10,997.49, and the S&P 500 was up 60.58, or 1.66%, to 3,707.87.