Streetbeat News

Revenues

XXII

22nd Century Group reported a sequential increase in Q2 net revenues by 22.8%, reaching $7.9 million.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:22 am

UEC

Uranium Energy Corp (UEC) has announced the startup of uranium production at its past-producing Christensen Ranch In-Situ Recovery Operations in Wyoming. The first shipment of yellowcake is expected in November or December 2024, aligning with the company's fiscal Q2 ending January 31, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:19 am

DIA

GLD

QQQ

SPY

Global markets showed mixed performance with Japan's Nikkei 225 soaring by 3.37%, while U.S. markets closed mixed. The Dow fell, S&P 500 was flat, and Nasdaq gained. Key economic data on U.S. consumer prices is awaited. Gold hit an all-time high of $2,500 before slightly declining.

Portfolio Pulse from Akanksha Bakshi

August 13, 2024 | 10:19 am

BRN

Barnwell Industries reported a Q3 EPS of $(0.12), down from $(0.07) last year, and revenue of $5.53M, down from $5.675M in the prior year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:09 am

FENC

Fennec Pharmaceuticals announced that its cash and cash equivalents of $43.1 million as of June 30, 2024, will be sufficient to fund its planned operations for at least the next twelve months.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:08 am

GYRE

As of June 30, 2024, Gyre Therapeutics reported having $16.1M in cash and cash equivalents, $9M in short-term bank deposits, and $28.8M in long-term certificates of deposit. The company anticipates that these resources will fund operations for at least the next 12 months.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:05 am

HD

Home Depot has raised its FY24 sales guidance to $156.49B-$158.01B, up from $154.20B, but still below the $158.88B estimate. The company expects total sales to increase by 2.5%-3.5%, with a 53rd week adding $2.3B. Comparable sales are projected to decline by 3%-4%. The guidance includes 12 new stores, a gross margin of 33.5%, and an operating margin rate of 13.5%-13.6%. The 53rd week is expected to contribute $0.30 to diluted EPS, which is projected to decline by 2%-4%.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:05 am

HBM

Hudbay Minerals has reaffirmed its FY24 copper production guidance of 137,000 - 176,000 tonnes and gold production guidance of 263,000 - 319,000 ounces.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:05 am

TPC

Tutor Perini's subsidiary, WDF, has secured a $35.5 million project from the New York City Housing Authority to construct a new boiler plant at the George Washington Carver Houses.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:05 am

SPY

The US NFIB Small Business Index for July increased to 93.7 from 91.5 in June, indicating improved sentiment among small businesses.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:04 am