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BA

Turkish Airlines is reportedly close to finalizing a deal with Boeing for up to 250 aircraft, including 737 Max jets and 787 Dreamliners. This deal could be significant for Boeing as it works to rebuild its reputation following quality control issues.

Portfolio Pulse from Benzinga Neuro

June 04, 2024 | 12:05 pm

MGRX

Mangoceuticals, Inc. (NASDAQ:MGRX) has introduced a new pharmaceutical product named 'MOJO,' which is a compounded formula featuring Enclomiphene Citrate and Pregnenolone for treating low testosterone and male hormone imbalances. The product will be sold exclusively on MangoRx's website on a subscription basis for $199 per month.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:01 pm

LSCC

Analysts have provided mixed ratings for Lattice Semiconductor (NASDAQ:LSCC) over the past quarter, with a majority being bullish. The average 12-month price target has increased to $81.78, up from $77.44. Despite a recent revenue decline, the company shows strong net margins and low debt levels.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 12:01 pm

LEGN

Legend Biotech (NASDAQ:LEGN) has been analyzed by 18 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $81.61, up 3.74% from the previous $78.67. Analysts have maintained mostly 'Buy' and 'Outperform' ratings, with some adjustments in price targets. Legend Biotech has shown strong revenue growth but faces challenges in ROE and ROA.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 12:00 pm

BARK

BARK shares are trading lower after the company reported worse-than-expected Q4 financial results and issued Q1 and FY25 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:56 am

TOUR

Tuniu shares are trading higher following the company's announcement of a year-over-year increase in Q1 revenue results and positive Q2 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:54 am

MSFT

Hitachi Ltd. and Microsoft Corp have announced a multi-billion dollar collaboration over the next three years to enhance Hitachi's Lumada business with generative AI. The partnership aims to address industry challenges and improve productivity, with significant investments from both companies.

Portfolio Pulse from Shivani Kumaresan

June 04, 2024 | 11:39 am

CNM

Core & Main has raised its fiscal 2024 outlook, now expecting net sales of $7.5B-$7.6B and Adjusted EBITDA of $935M-$975M, reflecting recent acquisitions and strong first-quarter performance. The company anticipates solid end market demand and low single-digit sales growth, excluding acquisitions.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:38 am

SAIA

Saia, Inc. (NASDAQ:SAIA) reports significant growth in LTL shipments and tonnage for April and May 2024, with shipments per workday increasing over 18% and tonnage per workday rising by 7.6% and 9.8% respectively. However, the LTL weight per shipment has declined.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:35 am

FTDR

Frontdoor Inc. (FTDR) announced its acquisition of 2-10 Home Buyers Warranty for $585 million in cash. The deal is expected to close in Q4. 2-10 Home Buyers Warranty reported $198 million in revenue for 2023.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 11:33 am