Streetbeat News

Revenues

MRK

Merck is focusing on second and third-generation opportunities in cardiometabolic drugs, particularly small molecule orals over injectables, as stated by an executive at a Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:42 pm

CI

Cigna's CFO stated that the company expects a return to pre-pandemic seasonality in its medical care ratio this year, as discussed at the Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:42 pm

WAB

Westinghouse Air Brake (NYSE:WAB) has significantly outperformed the market over the past 20 years, delivering an average annual return of 15.57%. A $100 investment in WAB 20 years ago would be worth $1,850.28 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 2:30 pm

NSC

Norfolk Southern (NYSE:NSC) has significantly outperformed the market over the past 20 years, delivering an average annual return of 13.9%. A $100 investment in NSC 20 years ago would be worth $1,346.83 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 2:30 pm

CI

Cigna's CFO has indicated that the company anticipates a significant wave of drug innovation over the next decade, as stated during the Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:21 pm

CI

Cigna's CFO announced that the company expects significant growth in its Select Segment within the Cigna Healthcare portfolio, as stated during the Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:15 pm

BTCUSD

ETHUSD

The cryptocurrency market is bracing for significant volatility ahead of the Federal Open Market Committee (FOMC) meeting and key US inflation data releases. Analyst Ted highlights the potential for market-moving events, with Bitcoin expected to fluctuate between $64,900 and $74,300 and Ethereum between $3,399 and $4,014. The market has largely priced out a July rate cut following robust employment data, leading to outflows from spot Bitcoin ETFs. Ted remains optimistic about the overall economic outlook despite short-term fears.

Portfolio Pulse from Murtuza Merchant

June 11, 2024 | 2:12 pm

BG

Paraguay's delayed soy exports reached 1.13 million tons in May, marking a 34% increase compared to the previous month, according to data shared with Reuters.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:12 pm

CI

Cigna's CFO has reported elevated cost trends across the company's portfolio, which are in line with their pricing and expectations. This was disclosed at a Goldman Sachs conference.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:06 pm

BYFC

Broadway Financial (NASDAQ:BYFC) reported a Q1 EPS of $(0.02), a significant decrease from $0.17 YoY, and sales of $7.83M, down from $8.56M YoY.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 2:05 pm