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GTHX

G1 Therapeutics reported worse-than-expected Q3 revenue results and lowered its FY23 net revenue guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:11 pm

DAL

EIS

Delta Airlines has announced the cancellation of additional flights between the U.S. and Tel Aviv through November 21 due to the ongoing conflict in the region.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:11 pm

BIP

Brookfield Infrastructure reported Q3 results and announced an asset purchase agreement to acquire substantially all of Cyxtera's assets for $775 million. This news has led to a rise in Brookfield's share prices.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:11 pm

OCUL

Ocular Therapeutics has received written FDA agreement under a Special Protocol Assessment for its Phase 3 clinical trial for AXPAXLI, a treatment for wet AMD. This news has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:10 pm

BA

SPR

Spirit Aero's CEO has acknowledged the company's disappointing performance and expressed a desire to restore stakeholder confidence. The company expects to reverse $350M-$370M in losses on the 787 program due to an agreement with Boeing.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:09 pm

SPR

During an investor call, the CEO of Spirit AeroSystems stated that increasing deliveries is the most crucial leverage to achieve future cash flow goals. However, he also mentioned that other levers can be pulled to reach these goals.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:08 pm

KHC

Kraft Heinz Company (NASDAQ:KHC) shares are trading higher after it reported mixed third-quarter FY23 results and raised its full-year EPS outlook. The company reported a 1% YoY sales growth to $6.57 billion, missing the analyst consensus estimate of $6.715 billion. However, gross profit increased by 21.2% YoY to $2.24 billion, and adjusted EPS of $0.72 beat the consensus estimate of $0.66. The company also declared a regular quarterly dividend of $0.40 per share. Kraft Heinz expects FY23 adjusted EPS of $2.91 - $2.99, higher than the consensus of $2.73.

Portfolio Pulse from Shivani Kumaresan

November 01, 2023 | 3:07 pm

SPR

Spirit Aero's CEO stated in an investor call that the company needs better precision in plans and the right schedule. The primary goal is to become cash flow positive as soon as possible. The CEO also mentioned that he doesn't intend to wait for his successor to take action.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:07 pm

APO

Apollo Global Management's shares are trading higher after the company reported its Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:03 pm

MTCH

Match Group's shares are trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 3:02 pm