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CURLF

Curaleaf Holdings Inc (OTCQX:CURLF) (TSX:CURA) has expanded its presence in Poland by acquiring Can4Med, a pharmaceutical wholesaler specializing in cannabinoid medications. This move is aimed at enhancing patient access to medical cannabis products across Europe. The acquisition is part of Curaleaf's strategy to capitalize on the rapidly expanding medical cannabis market in Poland, which has seen significant growth in 2023 with over 3,000kg of medical cannabis distributed nationwide.

Portfolio Pulse from Jelena Martinovic

February 06, 2024 | 3:51 pm

TKR

Timken (NYSE:TKR) has been analyzed by 5 analysts, showing a mix of ratings from bullish to indifferent. The average 12-month price target is $86.0, down from $92.00, indicating a 6.52% decrease. Analysts' actions range from raising to lowering ratings, with price targets adjusted accordingly. Timken's financials show challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management compared to industry averages.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 3:00 pm

APD

Analysts have provided mixed reviews on Air Products & Chemicals (NYSE:APD) with recent ratings ranging from bullish to bearish. The average 12-month price target is now $245.00, a 13.58% decrease from the previous target. The company, a leading industrial gas supplier, reported a revenue decline of -10.61% for the quarter ending September 30, 2023, but maintains strong profitability indicators such as a net margin of 21.7% and an ROE of 4.87%.

Portfolio Pulse from Benzinga Insights

February 06, 2024 | 3:00 pm

MULN

Mullen Automotive's majority-owned subsidiary, Bollinger Motors, has received approval from the IRS for a $40,000 commercial EV tax credit. This approval could significantly enhance the attractiveness of Bollinger's electric vehicles (EVs) for commercial buyers, potentially boosting sales and impacting Mullen Automotive's financial outlook positively.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:23 pm

LIQT

LiqTech International, Inc. (NASDAQ:LIQT) has expanded its distribution agreement with Barr + Wray to include the UK, aiming to grow its Aqua Solution swimming pool water filtration systems. This move builds on their recent partnership in the Middle East. LiqTech's systems offer significant advantages over traditional filtration systems, including up to 80% reduction in water spending, 60% lower energy consumption, and 30% lower chlorine dosing. The company has already received an initial order in the UK following the agreement.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 2:13 pm

AAPL

The Apple Vision Pro, Apple Inc.'s first-generation mixed-reality headset, is highly susceptible to scratches, as revealed by a scratch test conducted by JerryRigEverything. Despite being advertised with a laminated glass top, the headset's front glass, which includes a plastic layer, gets easily scratched at a much lower level on the Mohs scale of mineral hardness compared to typical smartphone glasses. Apple charges $799 for front glass replacement, reduced to $299 with an AppleCare+ plan. This vulnerability to scratches contrasts with previous durability tests where the Vision Pro was found to be sturdier.

Portfolio Pulse from Rounak Jain

February 06, 2024 | 2:03 pm

SPY

The latest Redbook data shows a year-over-year increase of 6.1%, compared to the prior figure of 5.0%. This indicates a stronger than expected retail performance.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:55 pm

CLH

Clean Harbors, Inc. (NYSE:CLH) has announced its agreement to acquire HEPACO for $400 million in cash, aiming to enhance its Environmental Services segment. The acquisition, expected to close in the first half of 2024, is projected to generate $20 million in cost synergies and efficiency gains. HEPACO's addition will expand Clean Harbors' emergency response capabilities and geographic footprint. The transaction is aligned with Clean Harbors' long-term strategic plan, Vision 2027, and is expected to offer significant growth opportunities, including complementary product offerings and meaningful cross-selling opportunities.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:40 pm

SCSC

ScanSource has revised its FY24 financial outlook, lowering its net sales expectation from at least $3.8 billion to at least $3.5 billion, and adjusted EBITDA from at least $170 million to at least $155 million. Free cash flow expectations remain unchanged at at least $200 million.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:34 pm

GM

RIVN

TSLA

UBS

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin remain strong despite market volatility due to rate anxiety. GM recalls over 300,000 trucks for tailgate issues. Janet Yellen highlights crypto risks, urging legislative action. Symbotic reports weak sales, affecting pre-market session. Deutsche Bank retracts US recession forecast. Arm Holdings and Palantir show strong performance, while Alibaba faces a potential further slide. Tesla's market could expand significantly with a new $25K EV. Rivian announces R2 EV launch date. UBS announces a $1B share buyback. China's Orienspace to compete with SpaceX. BP shares surge.

Portfolio Pulse from Akanksha Bakshi

February 06, 2024 | 1:33 pm