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AHOY

Newday Impact has launched AHOY 2.0, an ETF focused on ocean health. This ETF aims to invest in companies contributing positively to the health of the world's oceans, addressing issues like pollution and overfishing.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:38 pm

DFH

Dream Finders Homes has completed the acquisition of Crescent Homes, obtaining assets valued at over $265 million. This strategic move is expected to significantly enhance Dream Finders Homes' market presence and asset base.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:32 pm

MBOT

Microbot Medical (NYSE:MBOT) has seen a significant increase in short interest, with the short percent of float rising 172.0% to 0.68% of all shares available for trading. Despite this increase, MBOT's short interest is below its peer group average of 2.12%. Short interest is a key indicator of market sentiment, and while an increase can suggest bearish sentiment, it can also be bullish under certain conditions.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:30 pm

INGR

Ingredion's (NYSE:INGR) short interest has increased by 18.75% since the last report, with 436 thousand shares sold short, representing 0.76% of its float. This increase in short interest, which now requires 1.33 days on average to cover, indicates a more bearish market sentiment towards INGR. However, compared to its peers, Ingredion has a lower short interest percentage of float (2.09%), suggesting a relatively stronger position.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:30 pm

IMO

Imperial Oil announced its Q4 net income of $1.02 billion, a decrease from $1.29 billion in the previous quarter. Despite the lower net income, the company reported record production levels and significant unit cost reductions at its Kearl site.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:07 pm

TYRA

Tyra Biosciences, Inc. has announced a $200 million private placement financing. This significant financial infusion is aimed at bolstering the company's research and development efforts, potentially accelerating the development of its product pipeline.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:06 pm

GPN

Analysts have mixed views on Global Payments (NYSE:GPN), with ratings ranging from bullish to bearish. The average 12-month price target for GPN has increased to $150.86, up 10.28% from the previous target. The company shows strong profitability with a net margin of 14.62% but lags in ROE and ROA compared to industry benchmarks. Global Payments's market cap is below the industry average, indicating it's smaller than peers. The company's debt-to-equity ratio is healthy at 0.77.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:00 pm

CHTR

Charter Communications (CHTR) reported an increase in capital expenditures from $9.4 billion in 2022 to $11.1 billion in 2023, driven by its rural construction initiative and network expansion. The company anticipates further increasing its capex to between $12.2 billion and $12.4 billion in 2024, with significant investments in line extensions and network evolution.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:42 pm

SAIA

Saia Inc. projects its net capital expenditures for 2024 to be approximately $1 billion, with the caveat that this forecast is subject to adjustments based on future market conditions.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:35 pm

CBOE

Cboe Global Markets has provided its financial guidance for the fiscal year 2024, expecting organic net revenue growth of 5%-7%, and 7%-10% growth specifically from Data and Access Solutions. Adjusted operating expenses are anticipated to be $798M-$808M, with capital expenditures projected at $51M-$57M. Other financial forecasts include a depreciation and amortization expense of $43M-$47M, excluding amortization of acquired intangible assets, and a $37M-$43M benefit from minority investments. The effective tax rate is expected to be between 28.5% and 30.5%.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:34 pm