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KKR

KKR & Co. Inc. (NYSE:KKR) has reached a definitive agreement to acquire the remaining 37% stake in Global Atlantic Financial Group LLC for $2.7 billion in cash, which will increase KKR's ownership in the insurance company to 100%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:51 am

FL

Foot Locker anticipates a decrease in Q4 FY23 sales by 2.0%-4.0% and a more significant drop in comparable sales by 7.0%-9.0%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:51 am

FL

Foot Locker has updated its FY23 guidance, expecting a smaller decrease in comparable sales of 8.5%-9.0% compared to the previously forecasted 9.0%-10.0% decline.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:50 am

SWTX

HC Wainwright & Co. analyst Robert Burns has reaffirmed a Buy rating on SpringWorks Therapeutics (NASDAQ:SWTX) and increased the price target from $64 to $73.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:50 am

FL

Foot Locker has updated its FY23 sales forecast, now expecting a decrease of 8.0%-8.5%, which is a slight improvement from the previous guidance of a decrease of 8.0%-9.0%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:49 am

FL

Foot Locker reported an 8.0% decrease in Q3 comparable-store sales, attributed to ongoing consumer softness, a changing vendor mix, and a 3% negative impact from the repositioning of Champs Sports.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:47 am

FL

Foot Locker reported Q3 adjusted EPS of $0.30, surpassing the $0.25 estimate, and sales of $1.99B, slightly above the $1.97B estimate. However, these figures represent a significant decrease from the same period last year, with earnings down 76.38% and sales down 8.47%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:46 am

NTAP

Barclays analyst Tim Long has maintained an Equal-Weight rating on NetApp (NASDAQ:NTAP) and increased the price target from $69 to $80.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:43 am

MU

Barclays analyst Tom O'Malley has maintained an Overweight rating on Micron Technology (NASDAQ:MU) and increased the price target from $80 to $85, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:41 am

DLTR

Dollar Tree has updated its fiscal year 2023 guidance, lowering its net sales forecast from $30.6B-$30.9B to $30.5B-$30.7B. However, the company has slightly increased its earnings per share (EPS) outlook from $5.78-$6.08 to $5.81-$6.01.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 11:40 am