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Revenues

EWA

Australia's unemployment rate for December remained steady at 3.9%, aligning with the market expectations of 3.9%.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 5:22 am

EWA

Australia's Employment Change for December 2022 showed a decrease of 65.1K jobs, significantly underperforming against the estimated increase of 17.6K. This is a stark contrast to the prior month's revised figure of 72.6K job additions.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 5:21 am

EWU

The U.K. RICS House Price Balance for December came in at -30%, which is an improvement over the estimated -34% and the previous month's revised figure of -41%. This indicates a less negative sentiment in the U.K. housing market than expected.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 5:20 am

EWA

Australia reported a significant drop in employment change for December, with a loss of 106.6K jobs compared to the prior gain of 57.0K. This unexpected decrease could signal economic challenges for the country.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 5:20 am

GOOG

GOOGL

Alphabet's drone delivery company, Wing Aviation, is set to introduce a new drone with a payload capacity of up to five pounds, double that of its current fleet. The new drone maintains a 12-mile range and 65 mph speed, and is compatible with existing infrastructure. Wing has completed over 350,000 deliveries and the larger drone will allow for more efficient bundling of orders. Alphabet CEO Sundar Pichai highlighted the drone's ability to deliver essentials like food and medicine in fewer trips.

Portfolio Pulse from Anan Ashraf

January 18, 2024 | 5:16 am

WTFC

Wintrust Financial Corporation (NASDAQ: WTFC) reported a decrease in Q4 earnings per share (EPS) from $2.23 last year to $1.87 this year, a 16.14% drop. The company's quarterly sales were $570.80 million, missing the analyst consensus estimate of $579.20 million by 1.45%, but still marking a 3.66% increase from the previous year's sales of $550.65 million.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:53 pm

AA

Alcoa Corporation (NYSE:AA) reported Q4 losses of $0.56 per share, beating analyst estimates but with a year-over-year increase in losses. Sales fell short of expectations at $2.60 billion, a slight decrease from the previous year. Alumina production dropped 1%, while Aluminum production increased by 2%. The company provided a 2024 forecast for Alumina production and shipments. Despite the mixed results and positive outlook, Alcoa's stock fell by 2.79% in after-hours trading.

Portfolio Pulse from Ryan Gustafson

January 17, 2024 | 9:44 pm

BHG

Bright Health Group, Inc. has rebranded to NeueHealth and will trade under the new ticker symbol 'NEUE' on the NYSE starting January 29, 2024. The company focuses on value-driven, consumer-centric healthcare through its NeueHealth business, serving over 500,000 health consumers and partnering with 3,000 providers. NeueHealth includes NeueCare and NeueSolutions segments, aiming to enhance care coordination and maximize value. The corporate headquarters will move from Minneapolis to Doral, Florida, leveraging its strong presence in the state through various clinics.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:18 pm

DFS

Discover Financial Services reported a 13% year-over-year increase in Q4 total revenue net of interest expense, amounting to $4.196 billion.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:18 pm

DHT

DHT Holdings, Inc. (NYSE:DHT) provided a business update estimating its P&L break-even level at $27,500 per day for 2024. The cash break-even level has improved to $18,600 per day for the fleet and $13,800 for the spot market fleet. This was achieved by pre-paying the Nordea credit facility installments for 2024 using the ING revolving credit facility. DHT commits to paying 100% of net income in dividends and expects discretionary cash flow after dividends to be about $76 million for 2024, which can be used for fleet investments or corporate purposes. The CEO expressed a positive market outlook and a focus on rewarding shareholders, maintaining high governance standards, and executing a strategic market approach.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:17 pm