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BTTC

Bitech Technologies has announced receiving an initial purchase order for its innovative energy-saving Virtual Power Plant (VPP) solution, marking the company's entry into the Building Energy Management System (BEMS) market. This move represents a strategic expansion for Bitech Technologies, potentially opening up new revenue streams and partnerships in the energy management sector.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 12:33 pm

BOXL

Boxlight Corporation projects Q4 revenue to be between $36M-$38M, falling short of the expected $42.17M estimate. The company is focusing on operational improvements to prepare for an anticipated increase in market demand.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 12:22 pm

SVV

Savers Value reported preliminary Q4 revenue of $382.8M, surpassing the $378.29M estimate and marking a 4.4% year-over-year growth. The company also expects comparable store sales to rise by approximately 2.6% for the same quarter.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 12:03 pm

MAN

ManpowerGroup (NYSE:MAN) received mixed analyst ratings in the latest quarter, with 3 indifferent and 1 somewhat bearish. The average 12-month price target is $76.00, down from the previous $83.33. Analysts from Exane BNP Paribas, Truist Securities, BMO Capital, and UBS have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. ManpowerGroup faces challenges with revenue growth, net margin, ROE, and ROA, all below industry standards, but has a positive debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 12:00 pm

ICE

Analysts have updated their ratings on Intercontinental Exchange (NYSE:ICE) with 7 new ratings over the past three months, showing a positive sentiment shift. The average 12-month price target has increased to $137.86, with individual analysts adjusting their targets and ratings. ICE's financials indicate strong revenue growth and net margin, but challenges in asset utilization and debt management. The company is a major operator of financial exchanges and data services, with significant market capitalization.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 12:00 pm

TV

Grupo Televisa (NYSE:TV) was analyzed by 4 analysts, showing a decrease in the average 12-month price target from $6.88 to $5.85, a 14.97% drop. Analysts' ratings range from 'Buy' to 'Equal-Weight', with price target adjustments reflecting recent company performance and market conditions. Grupo Televisa's financials indicate challenges with a -4.86% revenue decline and a net margin of -5.01%, but strong ROE and ROA figures. The company is smaller than industry peers, with a market cap below average and plans to spin off several businesses.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 12:00 pm

AUPH

Aurinia Pharmaceuticals reported preliminary unaudited total net revenue for Q4 of $45M, slightly above the estimate of $44.2M. The full year 2023 preliminary revenue is reported at $176M, also surpassing the estimate of $174.71M.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:26 am

AGL

Agilon Health has lowered its 2023 medical margin forecast to $340M-$360M, which is about $110M below its previous guidance. The company also adjusted its full-year 2023 revenue projection to $4.295B-$4.305B, compared to the prior estimate of $4.53B and previous guidance of $4.310B-$4.320B. Additionally, Agilon Health announced the retirement of CFO Timothy Bensley.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 11:19 am

COST

Costco Wholesale Corporation (NASDAQ:COST) reported a 9.9% increase in December sales to $26.15 billion and a 5.9% increase in sales to $82.86 billion for the seventeen weeks ended December 31, 2023. U.S. comparable sales grew by 7.3%, while Canada and Other International saw higher growth rates. The fiscal calendar shift negatively impacted net sales by up to 1%. An additional shopping day in December contributed 3% to total sales. COST shares closed up by 0.57% at $648.35.

Portfolio Pulse from Shivani Kumaresan

January 05, 2024 | 10:55 am

NFLX

The Wall Street Journal has reported that Netflix is exploring methods to monetize its gaming segment. This move is part of the company's efforts to create new revenue streams as it seeks to expand beyond its traditional streaming business. The company is considering various strategies to generate income from games, although specific approaches have not been detailed in the report.

Portfolio Pulse from Charles Gross

January 05, 2024 | 10:32 am