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MIND

MIND Technology's Seamap unit has secured an order from PGS Geophysical AS to provide an ultra-high resolution 3-D seismic streamer system for PGS' new energy initiative. The contract is valued at over $5.0M.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:08 am

Ryder has agreed to acquire all outstanding equity of IFS Holdings, also known as Impact Fulfillment Services. The deal includes 15 operations across multiple states and is expected to add approximately $250 million in annual total revenue to Ryder's supply chain solutions business segment. The transaction is expected to be accretive to shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 10:58 am

AULT

Ault Alliance has projected its full-year 2023 revenue to be between $190M and $200M, as stated in its business update letter to stockholders on July 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 10:44 am

AULT

Ault Alliance has reported preliminary Q3 revenue of over $52.5 million.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 10:32 am

AYR

CNTMF

CRLBF

CURLF

ITHUF

TRUL

VRNO

A report by Z&A research firm reveals mixed growth in the cannabis industry across 17 states in 3Q23. Seven states saw a decline in sales, while ten posted growth. Maryland's sales doubled due to the initiation of recreational sales. Florida and Massachusetts saw mid-single-digit growth, while Illinois, New Mexico, and Washington reported low single-digit growth. However, sales declined in Missouri, Ohio, Oregon, California, Colorado, and Nevada. The report also highlights the impact of revenue per store on operator margins and the effect of the number of stores on operators.

Portfolio Pulse from Nicolás Jose Rodriguez

October 23, 2023 | 2:26 am

AMC

Taylor Swift's Eras Tour Film is expected to maintain its No. 1 spot after earning $10.4M on Friday. The film is likely being shown in AMC theaters.

Portfolio Pulse from Charles Gross

October 21, 2023 | 8:01 pm

TSLA

Tesla Inc (NASDAQ:TSLA) has reached the milestone of 1 million vehicles delivered in Europe, despite a 10% slump in new car registrations in September. The company's market share dropped to 2.8% last month. This comes amidst an overall surge in EU battery electric car registrations by 14.3%. Other automakers such as Volkswagen, Stellantis NV, and Renault Group saw a significant increase in new car registrations in September, while Ford Motor Co, Mitsubishi, and Tesla witnessed a drop.

Portfolio Pulse from Anan Ashraf

October 21, 2023 | 5:41 am

GOOG

GOOGL

MSFT

SAP

BMO Capital Markets analyst Keith Bachman has reiterated the Market Perform rating on SAP SE, raising the price target to $147 from $140. Bachman notes that SAP's strategy of pursuing partnerships with hyperscalers like Microsoft and Alphabet is sound. SAP reported a 4% Y/Y revenue growth to €7.744 billion in Q3. The company's demand in the cloud is driven by multi-year cloud migration and the adoption of the RISE/GROW program and scalable BTP.

Portfolio Pulse from Nabaparna Bhattacharya

October 20, 2023 | 6:38 pm

SNY

Sanofi has reported an unprecedented level of demand for its product, Beyfortus, which has outpaced the company's initial estimates.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 6:11 pm

CMA

Comerica Incorporated reported Q3 2023 revenues of $896 million, beating the consensus of $878.71 million. However, net interest income slumped 15% to $601 million from $707 million a year ago. Average loans increased 5.6% to $53.99 billion, while average deposits declined 10.9% to $65.88 billion. The company's shares are trading lower by 6.56% at $38.77.

Portfolio Pulse from Nabaparna Bhattacharya

October 20, 2023 | 4:03 pm