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SGRP

SPAR Group has announced the sale of its interests in its joint ventures in Australia and NMS. The company is looking to streamline its operations and focus on its more profitable ventures. This strategic move is aimed at improving SPAR Group's financial health and shareholder value.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 12:31 pm

BTTX

Better Therapeutics (BTTX) has entered into a securities purchase agreement with its Executive Chairman, David Perry, for a private placement of 1,471,453 shares of common stock.

Portfolio Pulse from Charles Gross

January 10, 2024 | 12:16 pm

AMRN

Amarin Corporation has announced a conditional share repurchase agreement with Cantor Fitzgerald to buy back up to $50 million of its ordinary shares in the form of American depository shares. The repurchase program is set to initiate on January 9, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 12:14 pm

COOP

Mr. Cooper Group Inc. (NASDAQ:COOP) received mixed analyst ratings over the past three months, with 5 analysts offering views ranging from bullish to somewhat bullish, and none bearish. The average 12-month price target has increased to $80.4, up from $75.50, with a high estimate of $88.00 and a low of $74.00. Analysts from Deutsche Bank, Keefe, Bruyette & Woods, UBS, Barclays, and Piper Sandler have provided updates, with some raising their price targets. Mr. Cooper Group operates in home loan servicing and mortgage origination, showing strong financial performance with a 24.96% revenue growth, a net margin of 37.11%, an ROE of 6.56%, an ROA of 2.07%, and a debt-to-equity ratio of 1.55.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 12:00 pm

OKE

Analysts have updated their ratings and price targets for ONEOK (NYSE:OKE), with a mix of bullish and bearish perspectives. The average 12-month price target is now $75.8, up from $72.25, with a high estimate of $83.00 and a low of $68.00. ONEOK's financial performance shows a decline in revenue growth, below-average net margin and ROE, and a sound debt-to-equity ratio. The company operates in natural gas gathering, processing, storage, and transportation.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 12:00 pm

ZG

Zillow Gr (NASDAQ:ZG) has been analyzed by 5 financial analysts, showing a range of opinions. The average 12-month price target is now $52.00, down from $59.00, with high and low estimates of $60.00 and $36.00, respectively. Analysts from RBC Capital, JMP Securities, Deutsche Bank, Susquehanna, and Piper Sandler have provided various ratings and price target adjustments. Zillow's market cap is above industry benchmarks, revenue growth is positive at 2.69%, but net margin is below industry standards at -5.65%. The company has an exceptional ROE of -0.62% and an impressive ROA of -0.42%, with a healthy debt-to-equity ratio of 0.42.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 12:00 pm

AULT

Ault Alliance has announced a strategic decision to hold between 5% to 20% of the Bitcoin it mines on its balance sheet. This is part of the company's plan to enhance asset management and increase stockholder value.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:31 am

TLRY

Tilray has filed a prospectus supplement with the SEC to register the resale of 12.4 million shares of common stock by a selling stockholder.

Portfolio Pulse from Charles Gross

January 10, 2024 | 11:24 am

MURA

Westfield Capital Management has disclosed an 11.9% passive stake in Mural Oncology, as reported in a 13G filing.

Portfolio Pulse from Charles Gross

January 10, 2024 | 11:14 am

BWA

BorgWarner, a global product leader in clean and efficient technology solutions for combustion, hybrid, and electric vehicles, has agreed to form a joint venture with Shaanxi Fast Auto Drive Group, a leading supplier of commercial vehicle parts in China. The joint venture, which specializes in transmission and drivetrain systems, is expected to commence in the first quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:08 am