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CCL

CUK

Carnival Corporation has ordered three new LNG-powered ships for its Carnival Cruise Line, scheduled for delivery in 2029, 2031, and 2033. This move comes as consumer demand for cruise vacations reaches historic levels.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 2:04 pm

PPG

Analysts' ratings for PPG Industries (NYSE:PPG) have shown a negative shift in sentiment over the last quarter, with several analysts lowering their price targets. The average 12-month price target has decreased by 2.42% to $146.62. Despite a decline in revenue growth, PPG maintains strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 2:01 pm

HLI

Houlihan Lokey (NYSE:HLI) has outperformed the market over the past 5 years with an average annual return of 25.89%, significantly higher than the market average. A $100 investment in HLI 5 years ago would now be worth $311.95. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 2:00 pm

ON

ON Semiconductor (NASDAQ:ON) has significantly outperformed the market over the past decade, delivering an average annual return of 24.07%. A $100 investment in ON stock 10 years ago would now be worth $853.24. The company's current market capitalization is $32.32 billion.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 2:00 pm

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