Streetbeat News

Stock Prices

ADBE

AMAT

HUMA

QCOM

U.S. Senator Tommy Tuberville's recent regulatory filings reveal trades in stocks and options of several companies, including sales of put options for Adobe Inc, Qualcomm Inc, and Applied Materials Inc, and purchases of Humacyte Inc shares. These activities raise conflict of interest concerns due to Tuberville's position on Congressional committees. Additionally, Tuberville bought shares in Southern States Bancshares Inc, Paramount Global, and Walgreens Boots Alliance, and sold shares in Apple Inc, JPMorgan Chase & Co, CSX Corp, and Texas Instruments Inc.

Portfolio Pulse from Chris Katje

April 17, 2024 | 10:05 pm

BVN

RGLD

VALE

President Biden plans to impose a 25% tariff on certain Chinese steel and aluminum imports to boost the U.S. steel sector and protect American manufacturing jobs. Royal Gold Inc (RGLD) issued its 2024 guidance, expecting sales volumes in gold, silver, copper, and other metals with projected DD&A expenses and an effective tax rate. Vale (VALE) reported a 15% increase in iron ore sales and a 6% production increase, with notable rises in pellet and copper output but a decrease in nickel production. Compania de Minas Buenaventura (BVN) announced first-quarter results, meeting or exceeding several production targets across its operations.

Portfolio Pulse from austin@walkonholdings.com

April 17, 2024 | 9:31 pm

LULU

Lululemon Athletica (NASDAQ:LULU) has significantly outperformed the market with an average annual return of 29.86% over the past 15 years, turning a $1000 investment into $50,977.09 today. The company's market capitalization stands at $43.52 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 9:30 pm

BLK

Over the past 20 years, BlackRock (NYSE:BLK) has produced an average annual return of 13.31%, outperforming the market. A $100 investment in BLK 20 years ago would now be worth $1,230.68. BlackRock's current market capitalization stands at $112.13 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 9:30 pm

JEWL

Adamas One Corp. has received an extension from NASDAQ until May 20th, 2024, to file its overdue financial statements, allowing it more time to regain compliance with NASDAQ's listing rule.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 9:29 pm

HBCP

Home Bancorp (NASDAQ:HBCP) reported Q1 2024 earnings of $1.14 per share, surpassing the consensus estimate of $0.97 by 17.53%. Quarterly sales were $28.901M, exceeding estimates of $28.450M by 1.59%, but represented an 8.53% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 9:22 pm

CABO

MDC

Cable One is set to replace MDC Holdings in the S&P SmallCap 600 effective before trading begins on Monday, April 22, due to Sekisui House Ltd.'s acquisition of MDC Holdings, expected to finalize on April 19.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 9:21 pm

NKTR

Nektar Therapeutics has regained compliance with Nasdaq's Minimum Bid Price Requirement for continued listing, as its stock maintained a closing bid price of $1.00 or greater for 10 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 9:16 pm

SNV

Synovus Financial Corp. (SNV) reported Q1 2024 adjusted earnings per share (EPS) of $0.79, missing the consensus estimate of $0.99 by 20.2%. Quarterly sales were $537.734 million, below the estimate of $547.634 million by 1.81%, marking a 12.40% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 9:15 pm

FR

First Industrial Realty Trust has revised its 2024 FFO per share outlook from $2.54-$2.64 to $2.53-$2.63, citing ongoing economic uncertainty and cautious leasing decisions by businesses. The adjustment reflects changes in leasing assumptions within its same store portfolio.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 9:08 pm