Streetbeat News

Revenues

WMT

Walmart's remodeled store locations saw a 10% reduction in apparel inventory, yet sales increased, according to a company executive at the TD Cowen Conference.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 4:28 pm

CSIQ

FSLR

JKS

RUN

SPWR

The EIA predicts that US solar generation in the summer of 2023 will grow by 24% compared to the previous year, potentially benefiting solar companies such as CSIQ, FSLR, JKS, RUN, and SPWR.

Portfolio Pulse from Charles Gross

June 06, 2023 | 4:27 pm

FHN

First Horizon forecasts a 6%-10% decrease in noninterest income for FY24, while expecting a 6%-9% increase in net interest income.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 4:05 pm

ATVI

MSFT

ActivisionBlizzard announced that Diablo 4 has become Blizzard's fastest-selling game of all time, indicating strong demand for the game.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 3:08 pm

TEVA

Teva Pharmaceuticals has been awarded a $64.35 million contract by the Department of Veterans Affairs for Glatiramer injections.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 2:35 pm

ABM

ABM Industries reported Q2 FY23 revenue growth of 4.5% Y/Y to $1.98 billion, missing the consensus of $2 billion. Adjusted EPS of $0.90 beat the consensus of $0.86. The company declared a cash dividend of $0.22 per common share. ABM reiterates guidance for adjusted EPS to $3.40 - $3.60 versus the consensus of $3.50.

Portfolio Pulse from Lekha Gupta

June 06, 2023 | 2:27 pm

DSX

Diana Shipping has entered into a time charter contract with Swissmarine for its M/V New York vessel. The gross charter rate is $16,000 per day, minus a 5% commission, for a period until at least October 1, 2024, and up to December 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 1:16 pm

SPY

Redbook reported U.S. sales increased by 0.6% for the week ending June 3 compared to the same period last year, but decreased by 2.6% for the first week of June compared to June last year.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:56 pm

CBRL

Cracker Barrel Old Country Store (CBRL) anticipates a total revenue growth of 1%-3% for Q4.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 12:05 pm

BWA

BorgWarner announced during its Investor Day presentation that it is on track to meet or exceed its 2025 goals for EV organic growth, M&A, and asset dispositions. The company expects eProducts to deliver over $10 billion in revenue by 2027.

Portfolio Pulse from Charles Gross

June 06, 2023 | 11:19 am