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MS

Morgan Stanley (NYSE:MS) has delivered an average annual return of 11.92% over the past 10 years, outperforming the market by 1.53% annually. With a current market capitalization of $147.76 billion, a $1000 investment in MS stock a decade ago would be worth $3,020.95 today.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 9:30 pm

SRBK

SR Bancorp reported a decrease in EPS to $0.12 from $0.18 YoY with net income of $1.1 million for Q1 2024, down from $1.6 million in the previous quarter. Excluding certain adjustments, net income would have been $258,000. Total assets grew by 61.6% to $1.05 billion, net loans by 92.9% to $698.9 million, and total deposits by 66.3% to $838.0 million since June 30, 2023. The bank also completed the integration of the Regal Bank core system.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:24 pm

CODI

Compass Diversified announced the sale of its Crosman Air Gun business. The proceeds from the sale will be used to pay down debt and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:22 pm

QUAD

Quad Graphics projects a 5%-9% decline in FY24 annual net sales, with capital expenditures estimated between $60M-$70M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:19 pm

HKD

AMTD Digital reported H1 EPS of $0.41, up from $0.15 YoY, with revenue at $8.7M, down from $13.9M YoY. Despite global challenges, the company saw gains from hotel operations, financial assets, and subsidiary disposals. Expenses varied, with significant increases in premises, office, and other expenses, largely due to the acquisition of AMTD Assets Group. The period ended with a profit of $30.1M.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:10 pm

NXPI

Over the past 10 years, NXP Semiconductors (NASDAQ:NXPI) has produced an average annual return of 15.52%, outperforming the market by 5.13% annually. A $100 investment in NXPI a decade ago would now be worth $418.47, showcasing the impact of compounded returns on investment growth. NXP Semiconductors currently has a market capitalization of $65.30 billion.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 9:00 pm

MOH

Over the past 20 years, Molina Healthcare (NYSE:MOH) has produced an average annual return of 14.41%, outperforming the market by 6.52% on an annualized basis. A $1000 investment in MOH 20 years ago would be worth $14,549.19 today, showcasing the impact of compounded returns over time. Molina Healthcare currently has a market capitalization of $20.04 billion.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 9:00 pm

HAIN

Hain Celestial Group (NASDAQ:HAIN) announced strategic actions to simplify its portfolio and operating footprint, aiming to reduce complexity and strengthen its balance sheet. The company is reducing its portfolio assortment by 62%, consolidating its personal care manufacturing footprint, and streamlining its co-manufacturing network globally. These actions are part of the Hain Reimagined business strategy, focusing on driving a core portfolio of brands across five categories and leveraging scale and synergies across five core geographies. The initiatives include global SKU reductions, the sale of the Thinsters cookie brand, and the consolidation of manufacturing plants, which are expected to unlock annualized savings, generate operating cash flow to pay down debt, and drive gross margin expansion.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:58 pm

INVH

Invitation Homes has entered into a joint venture with Quarterra, acquiring a minority equity interest in a portfolio of 4,400 single-family homes for lease, which are part of the Upward America Joint Venture. Invitation Homes will manage these homes within its core markets and invest in the joint venture.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 8:57 pm

BTCUSD

Roger Ver, known as 'Bitcoin Jesus,' has been arrested in Spain on charges of mail fraud, tax evasion, and filing false tax returns, with the U.S. Department of Justice alleging he evaded nearly $50 million in taxes. The indictment details Ver's acquisition of Bitcoin since 2011, his renunciation of U.S. citizenship in 2014, and subsequent legal obligations, including an 'exit tax.' Ver is accused of providing false information leading to undervalued tax returns and failing to report income from Bitcoin sales in 2017.

Portfolio Pulse from Murtuza Merchant

April 30, 2024 | 8:51 pm