Streetbeat News

Revenues

DSX

Diana Shipping has secured a time charter contract for its vessel m/v Selina with Raffles Shipping at a rate of $10,500 per day. This contract is expected to generate approximately $1.39 million in revenue for a minimum period, with the charter running until March 1, 2025 - April 20, 2025. Diana Shipping's fleet consists of 38 dry bulk vessels with a total capacity of 4.2 million dwt.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:19 pm

INDS

PLD

SPRE

Prologis, Inc. (NYSE:PLD) reported Q3 earnings with FFO beating expectations but revenue missing. The company revised its FY24 guidance slightly upwards. Prologis' shares rose 1.32% premarket. Investors can also gain exposure through ETFs like Pacer Industrial Real Estate ETF (NYSE:INDS) and SP Funds S&P Global REIT Sharia ETF (NYSE:SPRE).

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 1:18 pm

SPPL

SIMPPLE has announced a $1.0M sale of multi-functional robots in Singapore, Malaysia, and Thailand, marking an expansion in the facilities management sector.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:11 pm

AAPL

TSM

Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) has started producing A16 chips for Apple at its Arizona facility, marking a significant step in U.S. semiconductor production. This aligns with Apple's strategy to use U.S.-made chips and supports the Biden-Harris administration's goals to boost domestic chip production.

Portfolio Pulse from Benzinga Neuro

October 16, 2024 | 1:08 pm

MOH

Molina Healthcare has been awarded a contract in Michigan to provide a new dual eligible benefit program, MI Coordinated Health. The contract covers six service regions and is set to start on January 1, 2026. It is a seven-year contract with options for three one-year extensions.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:06 pm

CNM

Core & Main (NYSE:CNM) has received mixed analyst evaluations over the past three months, with a range of ratings from bullish to bearish. The average 12-month price target has decreased by 10.72% to $49.55. Analysts have adjusted their ratings and price targets, reflecting diverse outlooks on the company's performance. Core & Main is a specialty distributor in the water and fire protection sectors, with notable revenue growth but challenges in net margin and market capitalization.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 1:01 pm

LTH

Life Time Group Holdings (NYSE:LTH) has been analyzed by 9 financial analysts, showing a range of ratings from bullish to indifferent. Recent analyst actions have generally been positive, with several raising their price targets. The average 12-month price target is $26.06, reflecting a 22.64% increase from the previous average. LTH has shown strong financial health with significant revenue growth, high net margin, and efficient debt management.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 1:00 pm

TALO

Talos Energy (NYSE:TALO) has received mixed analyst ratings over the past three months, with a recent decline in the average 12-month price target. Analysts have adjusted their ratings and price targets, reflecting changing sentiments. Despite impressive revenue growth, Talos Energy faces challenges with profitability and returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 1:00 pm

KRP

Kimbell Royalty Partners (NYSE:KRP) has been analyzed by four analysts, showing a range of ratings from bullish to somewhat bullish. The average 12-month price target is $21.5, slightly down from $21.75. Analysts have adjusted their ratings and price targets in response to market dynamics. KRP has shown strong revenue growth but faces challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 1:00 pm

MS

Morgan Stanley's CFO announced that the company's net interest income is expected to decrease modestly in Q4 compared to Q3 levels.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:48 pm