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DSX

Diana Shipping Inc. (NYSE:DSX) has announced a direct continuation of a time charter contract with Western Bulk Carriers AS for its Ultramax dry bulk vessel, the m/v DSI Aquila. The gross charter rate is $12,500 per day, for a period until at least November 10, 2024, and up to January 10, 2025. The new charter period is expected to commence on November 12, 2023. The employment of DSI Aquila is anticipated to generate approximately $4.49 million of gross revenue for the minimum scheduled period of the time charter.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:27 pm

PLTR

Palantir's Q3 financial results exceeded expectations, leading to a rise in its share prices. The company also increased its revenue guidance for FY23.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:27 pm

AYRWF

CBSTF

CRLBF

VRNOF

Workers at Home State Dispensary in Missouri have voted to join Teamsters Local 955, marking the first group of cannabis workers in the Kansas City metropolitan area to unionize. The Missouri cannabis industry is projected to gross over $1 billion in revenue this year. The International Brotherhood of Teamsters and the United Food and Commercial Workers Union (UFCW) have been actively engaging with cannabis industry workers across the U.S. Recent unionization efforts have been successful within companies like Ayr Wellness, Cannabist Company Holdings, Cresco Labs Stock, Grassdoor, and Verano Holdings Corp.

Portfolio Pulse from Nina Zdinjak

November 02, 2023 | 1:14 pm

SCLX

Scilex Holding Company (NASDAQ:SCLX) has announced new data from skin penetration studies supporting SP-103 5.4%, a triple strength formulation of ZTlido, in the treatment of musculoskeletal pain disorders. The studies showed a higher diffusive transport of lidocaine compared to diclofenac, with SP-103 resulting in a significantly higher lidocaine concentration in muscle tissue than commercially available ZTlido. The company believes these results indicate that SP-103 is highly effective in delivering lidocaine into muscle tissue in areas of localized pain.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:09 pm

LMB

Limbach Holdings, Inc. (NASDAQ:LMB) has acquired Industrial Air, LLC, a specialty mechanical contractor based in North Carolina, for $13.5 million in an all-cash transaction. Industrial Air is expected to contribute an estimated $30.0 million in revenue and $4.0 million in EBITDA annually. The acquisition expands Limbach's presence in the industrial and institutional sectors in a fast-growing geographic market.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:55 pm

EURN

Euronav's Q3 2023 revenue has surpassed estimates, reporting $287.378M against the expected $267.118M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:51 pm

SBUX

Starbucks Corp reported Q4 FY23 sales growth of 11.4% YoY to $9.37 billion, beating the analyst consensus estimate. Comparable store sales for Q4 increased 8% globally. The company opened 816 new stores in Q4, ending the period with 38,038 stores. Starbucks sees FY24 revenue growth at the lower end of 10% - 12% forecast. SBUX shares are trading higher by 10.08% at $100.56 premarket on the last check Thursday.

Portfolio Pulse from Shivani Kumaresan

November 02, 2023 | 12:48 pm

BYND

Beyond Meat expects its Q3 net revenues to be around $75M, primarily due to weaker than expected sales volumes in U.S. retail and U.S. foodservice channels.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:42 pm

MDU

MDU Resources has projected its FY23 Construction Services Revenue to be between $2.8 billion and $3 billion.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:41 pm

BYND

Beyond Meat has revised its 2023 net revenue expectations to be in the range of $330M-$340M. The company also expects its capital expenditures to be between $10M-$15M.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 12:41 pm