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Revenues

BNED

Barnes & Noble Education (NYSE:BNED) reported Q1 sales of $263.4 million, missing estimates and showing a slight decline from last year. The decrease was due to store closures, though BNC First Day programs saw a 32% revenue increase. The company plans $20 million in capital expenditures for FY 2025, focusing on store and tech improvements. Shares fell over 5% after the report.

Portfolio Pulse from Erica Kollmann

September 10, 2024 | 9:23 pm

HWM

Howmet Aerospace (NYSE:HWM) has significantly outperformed the market over the past 5 years, with an annualized return of 34.9%. A $1000 investment in HWM 5 years ago would now be worth $4,486.02. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 9:00 pm

APP

Analysts have provided mixed evaluations of AppLovin (NASDAQ:APP) over the past three months, with a range of ratings from bullish to bearish. The average 12-month price target has increased to $94.33. AppLovin has shown strong financial performance with significant revenue growth and high net margins, but it also has a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 9:00 pm

APA

APA Corporation has announced the sale of its non-core producing properties in the Permian Basin for $950 million. The sale includes properties in Texas and New Mexico, with net production of 21,000 boe/d. Proceeds will be used to reduce debt, with the transaction closing expected in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:52 pm

BNED

Barnes & Noble Education reported Q1 sales of $263.4 million, missing the analyst consensus estimate of $268.321 million by 1.83%. This represents a slight decrease from the previous year's sales for the same period.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:32 pm

BX

Blackstone (NYSE:BX) has significantly outperformed the market over the past 15 years, with an annualized return of 16.34%. A $1000 investment in BX 15 years ago would be worth $10,165.12 today. This highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 8:30 pm

AJG

Arthur J. Gallagher (NYSE:AJG) has significantly outperformed the market over the past 5 years, with an average annual return of 27.83%. A $100 investment in AJG 5 years ago would now be worth $343.55, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 8:30 pm

ALLY

GS

IYF

IYG

JPM

XLF

JPMorgan's stock fell 7.5% after COO Daniel Pinto downplayed analyst forecasts on expenses and net interest income. Goldman Sachs and Ally Financial also saw declines due to negative outlooks. The KBW Bank Index dropped 3.5%, and several financial ETFs experienced slight declines.

Portfolio Pulse from Michael Juliano

September 10, 2024 | 8:27 pm

FEIM

Frequency Electronics (NASDAQ:FEIM) reported a 13.64% increase in Q1 EPS to $0.25 and a 21.51% increase in sales to $15.08M compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:21 pm

RIG

Transocean has secured a $232 million contract with BP for the Deepwater Atlas in the U.S. Gulf of Mexico, starting in Q2 2028. The contract includes a 365-day option and adds to Transocean's backlog.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:19 pm