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ORI

Old Republic Intl Inc. (NYSE:ORI) is trading at $35.81 with a 0.13% increase. Over the past month, the stock rose by 1.46% and by 28.60% over the past year. Its P/E ratio is lower than the insurance industry average, suggesting potential undervaluation or low growth expectations.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:49 pm

SLB

Schlumberger (SLB) recorded severance charges of $111 million in Q2 and $65 million in Q3 of 2024 as part of a restructuring program to optimize its support and service delivery structure.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 4:46 pm

WKEY

WISeKey International has signed agreements for up to $30 million in convertible notes with institutional investors. The initial issuance is $2.5 million, with potential for additional tranches. The notes are convertible into Class B shares at a variable price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 4:07 pm

NU

The options market indicates a bearish sentiment towards Nu Holdings (NYSE:NU), with 75% of big-money traders taking a bearish stance. Recent options activity shows a focus on a price range of $15.0 to $17.0. The stock is currently trading at $14.88, up by 2.3%, but may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 3:30 pm

TSLA

Tesla (NASDAQ:TSLA) has seen a surge in options activity, with significant bearish sentiment from deep-pocketed investors. Benzinga's options scanner highlighted 142 extraordinary options activities, with 45% of investors leaning bearish. The options activity suggests a price range of $120 to $400 for Tesla over the last 3 months. Tesla's stock is currently down 1.29% at $215.16, with RSI indicators hinting it may be oversold.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 3:30 pm

RTX

Collins Aerospace, a division of RTX, is expanding its executive aircraft seating operations in Medley, Florida. The $2 million investment doubles the facility's production space and adds new machinery, enhancing production efficiency and customization capabilities.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 3:01 pm

CMCSA

The article provides an in-depth analysis of Comcast (NASDAQ:CMCSA) compared to its competitors in the media industry. Comcast shows a premium valuation with high P/E, P/B, and P/S ratios, but also demonstrates strong financial performance with high ROE, EBITDA, gross profit, and relatively better revenue growth. The company's debt-to-equity ratio indicates a balanced financial structure.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 3:00 pm

BA

Boeing's CFO announced plans to address the company's balance sheet in the near term, which may involve offering equity and equity-linked securities.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:54 pm

USO

The EIA reported a draw of 1.140 million barrels in distillate stocks, which is less than the expected draw of 2.000 million barrels and significantly less than the prior draw of 3.534 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:32 pm

SPY

UNG

The latest report on USA gasoline inventories shows a build of 0.878 million barrels, contrary to the expected draw of 1.600 million barrels. This follows a prior draw of 2.201 million barrels.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:31 pm