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AIN

Albany International Corp. (NYSE:AIN) has announced an increase in its quarterly cash dividend from $0.25 to $0.26 per share, a 4% rise. The new dividend will be payable on January 8, 2024, to shareholders of record as of December 19, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 9:21 pm

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PLNHF

The article announces the opening of new cannabis stores and dispensaries across the United States and Canada, just in time for the holiday season. Green Thumb Industries Inc. has opened two new RISE Dispensaries in Florida, expanding their footprint. Curaleaf Holdings, Inc. has launched its 61st retail location in Florida with a range of cannabis products. CuraScientific Corp's subsidiary opened a wholesale retail store in Palm Desert. Ascend Wellness Holdings, Inc. plans to open a new dispensary in Ohio. Planet 13 Holdings Inc. started sales at its first Illinois store. High Tide Inc. launched a new store in Winnipeg, Manitoba. Additionally, a cannabis lounge by Thrive Cannabis Marketplace and a delivery service in Knoxville, Tennessee are mentioned.

Portfolio Pulse from Jelena Martinovic

December 08, 2023 | 9:11 pm

NIR

Near Intelligence (NIR) shares have resumed trading. The article does not provide additional context such as the reason for the trading halt or any company-specific news that could influence the stock price.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 9:10 pm

MLSS

Milestone Scientific Inc. (NYSE:MLSS) has announced an underwritten public offering of its common stock. The company will also grant underwriters a 45-day option to purchase up to an additional 15% of the shares. The size and terms of the offering have not been disclosed, and completion is subject to market conditions. Maxim Group LLC is the sole book-runner for the offering.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 9:03 pm

SSB

SouthState Corporation (NASDAQ:SSB) announced it will transfer its common stock listing from the Nasdaq Global Select Market to the New York Stock Exchange (NYSE) starting December 19, 2023. The stock will retain its ticker symbol 'SSB'. CEO John Corbett expressed alignment with NYSE's tradition of listing leading companies, while NYSE Vice Chair John Tuttle welcomed SouthState, highlighting its 90-year service history in the Southeast and its joining of other leading banks on NYSE.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 9:02 pm

SBAC

Over the past 20 years, SBA Comms (NASDAQ:SBAC) has produced an average annual return of 23.63%, outperforming the market. A $100 investment in SBAC 20 years ago would be worth $6,903.97 today. The company's market capitalization currently stands at $26.29 billion.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:00 pm

Over the past 20 years, Kroger (NYSE:KR) has produced an average annual return of 8.55%, outperforming the market by 1.04% on an annualized basis. A $1000 investment in Kroger 20 years ago would be worth $5,176.03 today. Kroger's market capitalization currently stands at $32.09 billion.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 9:00 pm

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QCOM

QRVO

Morgan Stanley upgraded its semiconductor industry view to Attractive and is bullish on Qorvo, upgrading the stock from Equal Weight to Overweight with a new price target of $134. The firm downgraded Qualcomm to Equal Weight, raising the price target to $132, citing challenges in market share and growth. Lam Research was also downgraded to Equal Weight with a price target of $720, though it remains the firm's top pick in the semi-cap space.

Portfolio Pulse from Neil Dennis

December 08, 2023 | 8:59 pm

DIA

IWM

QQQ

SPY

Major stock indexes have risen before the market close, buoyed by encouraging consumer sentiment and unemployment figures.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 8:55 pm

WFC

Piper Sandler analyst Scott Siefers has maintained a Neutral rating on Wells Fargo (NYSE:WFC) and increased the price target from $45 to $47.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 8:44 pm