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TNXP

Tonix Pharmaceuticals shares rose after the company received its first contract payment from the U.S. Department of Defense.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:33 pm

SPY

The USA Core Retail Sales for September increased by 0.5%, surpassing the estimated 0.1% and the previous month's 0.2%.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

SPY

The Philadelphia Fed Manufacturing Index for October reported a value of 10.3, significantly higher than the estimated 4.2. This indicates stronger than expected manufacturing activity in the region.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

SPY

Retail sales in the US for September increased by 0.4%, surpassing the estimated 0.3% and the previous month's 0.1% growth. This indicates a stronger consumer spending environment.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:30 pm

ALL

Allstate conducted its annual run-off property-liability reserve review in Q3 2024, resulting in unfavorable reserve reestimates of $58M ($46M after-tax). Additionally, Allstate Brand Auto Insurance saw rate increases, impacting premiums by 2.9% in Q3 and 6.3% year-to-date.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:16 pm

ALL

Allstate reported estimated catastrophe losses for September at $889 million pre-tax, with $630 million related to Hurricane Helene. Total Q3 catastrophe losses were $1.70 billion pre-tax, and year-to-date losses were $4.55 billion pre-tax.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:15 pm

TNXP

Tonix Pharmaceuticals has received its first contract payment from the U.S. Department of Defense for the development of broad-spectrum antivirals. The contract, awarded by the Defense Threat Reduction Agency, is valued at up to $34 million over five years.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:11 pm

NVEE

NV5 has secured $26 million in contracts to improve utility grid efficiency and reliability using tech-enabled geospatial services. The project covers 80,000 miles of energy distribution, utilizing AI and proprietary data collection platforms.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:08 pm

GAME

GameSquare Holdings, Inc. (NASDAQ:GAME) announced preliminary Q3 2024 revenue of $26.5M and increased its 2024 annual proforma revenue guidance to $105M-$110M. The company reported a significant improvement in adjusted EBITDA loss and expects further profitability improvements due to strategic initiatives and cost savings from the FaZe Clan acquisition.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:06 pm

PRPH

ProPhase Labs has announced strategic updates, projecting Pharmaloz Manufacturing's 2025 revenue at $16-17M and pre-tax earnings at $6-7M. The company targets a sale of PMI in early 2025 valued over $40M and is in talks for a strategic partnership for its BE-Smart Esophageal Cancer Test, with potential upfront payments of $30-50M.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:03 pm