Streetbeat News

Stock Prices

RENT

Telsey Advisory Group analyst Dana Telsey has reiterated a 'Market Perform' rating on Rent the Runway (NASDAQ:RENT) and maintained a price target of $1.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:30 am

GOL

Citigroup analyst Stephen Trent has downgraded Gol Linhas Aereas (NYSE:GOL) from Neutral to Sell and reduced the price target from $3.3 to $3.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:15 am

BILI

Bilibili (NASDAQ:BILI) reported Q3 earnings with an EPS of $-0.29, missing estimates by 11.54% compared to the expected $-0.26. Revenue decreased by $18.80 million from the same period last year. In the previous quarter, BILI beat EPS estimates but experienced a 6.38% share price drop the following day.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 10:15 am

MKC

McCormick & Company Inc (NYSE:MKC) has announced an 8% increase in its quarterly dividend from $0.39 to $0.42 per share, payable on January 8, 2024, to shareholders of record as of December 29, 2023. This marks the 38th consecutive year of dividend increases for the company, which has been paying dividends since 1925. McCormick held $154.7 million in cash and equivalents as of August 31, 2023, and its shares closed slightly higher by 0.11% at $65.01 on Tuesday.

Portfolio Pulse from Shivani Kumaresan

November 29, 2023 | 10:12 am

ABNB

Jefferies analyst John Colantuoni has downgraded Airbnb (NASDAQ:ABNB) from Buy to Hold and reduced the price target from $155 to $140, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:11 am

CG

Evercore ISI Group analyst Glenn Schorr has downgraded Carlyle Group (CG) from Outperform to In-Line and set a price target of $32.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:06 am

ATXI

Robert Davidow has reported a 14.5% passive stake in Avenue Therapeutics, according to a 13G filing on Tuesday. Following the news, Avenue Therapeutics' shares saw a significant increase, rising 60% in premarket trading.

Portfolio Pulse from Charles Gross

November 29, 2023 | 10:05 am

BILI

Bilibili reported Q3 adjusted EPS of $(0.29), an improvement from $(0.63) YoY. However, sales decreased to $795.70M from $814.50M YoY, indicating a 2.31% decline.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 10:02 am

TSLA

Hota Industrial Mfg. Co, a Taiwanese supplier for Tesla Inc. (NASDAQ:TSLA), is establishing its first U.S. factory in New Mexico to reduce shipping costs and mitigate cross-strait tensions. The $99 million investment aims to enhance supply chain security and proximity to North American customers, which make up 70% of Hota's sales. The New Mexico government is supporting the project with $3 million and potential tax credits. Hota expects to benefit from the U.S. Inflation Reduction Act, with production starting in 2025.

Portfolio Pulse from Benzinga Neuro

November 29, 2023 | 9:57 am

USO

Crude oil prices are trading higher following a Reuters report that an OPEC+ meeting is expected to occur as scheduled on Thursday, according to sources.

Portfolio Pulse from Charles Gross

November 29, 2023 | 9:56 am