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APO

Apollo Global Management is in exclusive talks to provide a €1.5 billion capital solution to Air France-KLM's Flying Blue Loyalty Program. This follows two previous investments Apollo arranged for Air France-KLM entities in the past year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:49 pm

GME

GameStop Corp. (NYSE:GME) announced the resignation of its CFO, Diana Saadeh-Jajeh, effective Aug. 11. The company stated that her departure is not due to any disagreements regarding its operations, policies, or practices. Daniel Moore will serve as the interim principal financial officer. GameStop shares closed 2.1% lower on Friday, but are still 19% higher year-to-date.

Portfolio Pulse from Piero Cingari

July 27, 2023 | 8:48 pm

DLR

Digital Realty and TPG have entered a joint venture of hyperscale data centers in Northern Virginia. TPG Real Estate has acquired an 80% stake in the $1.5 billion portfolio, while Digital Realty will maintain a minority interest and continue to manage the day-to-day operations.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:47 pm

SLB

A significant bullish stance has been taken on Schlumberger Limited (NYSE:SLB) as evidenced by a large position in its options. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $37.5 to $65.0 for SLB over the last 3 months. The current price of SLB is $57.02, down by 1.13%. Analysts from Morgan Stanley, Barclays, RBC Capital, and Susquehanna have given price targets ranging from $62 to $70.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:46 pm

SIGA

SIGA Technologies, Inc. has announced that it has received procurement orders from the U.S. government worth approximately $138 million for oral and IV TPOXX.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 8:45 pm

F

Ford Motor's CFO has stated that the company has no plans to alter its capital spending plans for its electric vehicle (EV) business, despite a slower than expected EV adoption rate.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:35 pm

HUBS

HubSpot (NYSE:HUBS) has outperformed the market over the past 5 years by 24.64% on an annualized basis, producing an average annual return of 34.6%. An investment of $1000 in HUBS 5 years ago would be worth $4,420.56 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:30 pm

SBUX

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 15 years, producing an average annual return of 19.22%. If an investor had bought $1000 of SBUX stock 15 years ago, it would be worth $13,720.90 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 8:30 pm

GRIN

Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) has announced a series of transactions including the purchase of two bulk carriers, the sale of two others, and the extension of charter contracts for three vessels. The company also exercised the purchase option on a chartered-in bulk carrier. The transactions were approved by the board and are consistent with independent broker valuations.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:30 pm

FSLR

First Solar (FSLR) plans to invest up to $1.1 billion in its fifth U.S. manufacturing facility, which will add 3.5 gigawatts of nameplate capacity in 2026.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:05 pm