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Disney is considering different strategies for its Star India business, which could include partnering with another company or even selling it. Kim Kardashian is reportedly in negotiations to buy back the minority stake in her beauty company, SKKN BY KIM, from Coty Inc. KPMG is reportedly looking to invest around $2 billion in AI and cloud services across its global business lines over the next five years. CVS's Caremark business experienced a halt in prescription processing. Ark Invest sold 135,152 shares of Coinbase Global Inc. Faraday Future Intelligent Electric flagged errors in its previously issued financial statements. The European Commission has fined Illumina Inc and Grail Inc for implementing their proposed merger before approval. Activision Blizzard Inc stock is trading lower amid reports of a possible new investigation on the Microsoft Corp takeover deal. Broadcom Inc won conditional approval from the European Commission to complete its acquisition of VMware. Domino's Pizza Inc entered a new global agreement with Uber Technologies Inc. Takeda Pharmaceutical Co Ltd is voluntarily withdrawing its marketing application for its dengue vaccine. Google quietly ditched its AI-powered mobile chatbot app, Bubble Characters. Warren Buffett's Berkshire Hathaway stood to make a profit of over $1 billion following the court's decision to allow Microsoft Corp to proceed with its acquisition of Activision Blizzard. IBM is weighing the use of artificial intelligence chips designed in-house to lower the costs of operating a cloud computing service. Novo Nordisk A/S's weight-loss drug, Wegovy, saw a significant drop in adherence compared to what was reported in clinical trials. Microsoft Corp has revealed that a China-based hacking group, Storm-0558, breached email accounts linked to government agencies in Western Europe. Hyundai Motor Company unionized workers at its plants across South Korea reportedly staged the first strike in five years against the government's labor policies.

Portfolio Pulse from Vandana Singh

July 12, 2023 | 1:48 pm

VRTS

Morgan Stanley analyst Michael Cyprys has maintained an Underweight rating on Virtus Inv (NASDAQ:VRTS) and raised the price target from $150 to $153.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:48 pm

VCTR

Morgan Stanley analyst Michael Cyprys has maintained an 'Underweight' rating on Victory Capital Holdings (NASDAQ:VCTR) and raised the price target from $24 to $25.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:46 pm

Morgan Stanley analyst Joshua Pokrzywinski has reiterated an Overweight rating on Trane Technologies (NYSE:TT) and maintained a $210 price target.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:45 pm

TROW

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on T. Rowe Price Gr (NASDAQ:TROW) and raised the price target from $105 to $108.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:42 pm

SWK

Morgan Stanley analyst Joshua Pokrzywinski has reiterated an Equal-Weight rating on Stanley Black & Decker (NYSE:SWK) and maintained a $90 price target.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:40 pm

HUN

Citigroup analyst Patrick Cunningham maintains a Neutral rating on Huntsman (NYSE:HUN) and raises the price target from $27 to $29.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 1:39 pm

ROK

Morgan Stanley analyst Joshua Pokrzywinski has maintained an Overweight rating on Rockwell Automation (NYSE:ROK) and raised the price target from $335 to $340.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 1:39 pm

HESM

Citigroup analyst Spiro Dounis maintains a Buy rating on Hess Midstream (NYSE:HESM) and raises the price target from $34 to $35.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 1:38 pm

HEP

Citigroup analyst Spiro Dounis has reiterated a Neutral rating on Holly Energy Partners (NYSE:HEP) and maintained a $17 price target.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 1:38 pm