Streetbeat News

Revenues

GROY

Analysts have mixed ratings for Gold Royalty (AMEX:GROY) with a recent average price target of $3.9, down 9.51% from the previous $4.31. The company has shown significant revenue growth but struggles with profitability.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 2:00 pm

SPY

USA Existing Home Sales for June decreased by 5.4% compared to a 0.7% decrease in the previous month.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:00 pm

SPY

USA existing home sales for June came in at 3.89 million, below the estimated 3.99 million and the prior month's 4.11 million.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:00 pm

SPY

The Richmond Manufacturing Index for July came in at -17, significantly below the estimated -7 and the prior -10, indicating a worsening manufacturing sector in the Richmond area.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:59 pm

DHR

Danaher Corp (NYSE:DHR) reported a 3% year-over-year decrease in Q2 sales to $5.743 billion, beating the consensus estimate of $5.59 billion. Adjusted EPS was $1.72, surpassing the expected $1.57. The company highlighted positive momentum in its bioprocessing business and strong performance at Cepheid. Despite a decline in biotechnology and life sciences sales, diagnostic sales increased. Danaher maintained its guidance for fiscal year 2024, expecting a low-single-digit decline in non-GAAP core revenue and a 29% operating margin. DHR stock rose 7.20% to $268.96 following the announcement.

Portfolio Pulse from Vandana Singh

July 23, 2024 | 1:59 pm

GM

GM Defense Canada, a subsidiary of GM Defense, has been awarded a C$35.8 million contract by the Canadian Armed Forces for 90 light tactical vehicles, with an option for an additional 18 vehicles. The first vehicles are expected to be delivered five weeks after the contract award.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:58 pm

CMCSA

DIS

Disney shares are trading lower, potentially in sympathy with Comcast, which reported a decline in content and experiences revenue.

Portfolio Pulse from Bill Haddad

July 23, 2024 | 1:55 pm

BA

Qatar Airways has placed an order for 20 additional Boeing 777-9 jets, expanding its total 777X order to nearly 100 airplanes. This order was finalized this year and was previously listed as unidentified on Boeing's Orders & Deliveries website.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:48 pm

AAPL

DNB

FDX

GE

KHC

MU

The Chinese government expressed its desire for U.S. firms to play a significant role in its economy after top U.S. executives, including those from FedEx, Dun & Bradstreet, General Electric, Kraft Heinz, Apple, and Micron Technology, met with Chinese officials. The meeting aimed to foster mutual cooperation and development amid escalating U.S.-China tensions.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 1:47 pm

FAAS

DigiAsia Corp. (NASDAQ:FAAS) reported significant growth for FY23, with 7.85 billion transactions, $3.625 billion in gross transaction value, 1 million total merchants, and a 40% increase in enterprise payment and banking partners.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:30 pm