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GE

GE's CEO has stated that the company's offshore wind sector will continue to experience similar losses in 2024 as in 2023, but cash flow will improve. The offshore wind sector is expected to incur losses of approximately $1B in 2023.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:57 am

GE

GE's CFO has stated that demand remains robust at GE Aerospace, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:56 am

APRN

EXTO

Blue Apron Holdings, Inc. (APRN) and Almacenes Éxito S.A. (EXTO) are considered overbought stocks in the consumer staples sector, with RSI values of 76.88 and 72.67 respectively. Blue Apron is set to be acquired by Wonder Group for $13 per share, while Almacenes Éxito's stock has jumped more than 25% over the past month.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 11:54 am

CADE

Trading of Cadence Bank shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:47 am

GE

GE's CEO has stated that the company is still navigating a challenging supply chain environment. Despite this, year-to-date commercial engine deliveries have increased by 30%.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:44 am

HOUS

Anywhere Real Estate (NYSE:HOUS) reported Q3 earnings of $1.17 per share, beating the analyst consensus estimate of $0.32 by 265.62%. This is a 101.72% increase from the same period last year. However, the company's quarterly sales of $1.58 billion missed the analyst consensus estimate of $1.62 billion by 2.22%, marking a 12.39% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:42 am

DHR

Danaher Corp reported Q3 FY23 adjusted EPS of $2.02, down from $2.56 a year ago, but surpassing the consensus of $1.87. Sales decreased 10.5% Y/Y to $6.87 billion, beating the consensus of $6.63 billion. The company completed the spin off of Veralto in the quarter. For Q4, Danaher expects non-GAAP base business core revenue from continuing operations to be down mid-single digits Y/Y. DHR shares are trading higher by 1.20% at $206.50 premarket on the last check Tuesday.

Portfolio Pulse from Lekha Gupta

October 24, 2023 | 11:41 am

LOGI

MKFG

Several stocks are experiencing significant pre-market trading movements. AERWINS Technologies Inc. (AWIN), Ascent Solar Technologies, Inc. (ASTI), WiSA Technologies, Inc. (WISA), Lytus Technologies Holdings PTV. Ltd. (LYT), LM Funding America, Inc. (LMFA), Soluna Holdings, Inc. (SLNH), Organovo Holdings, Inc. (ONVO), Argo Blockchain plc (ARBK), CleanSpark, Inc. (CLSK), and Logitech International S.A. (LOGI) are among the gainers. LumiraDx Limited (LMDX), Markforged Holding Corporation (MKFG), XORTX Therapeutics Inc. (XRTX), TC Biopharm (Holdings) Plc (TCBP), IonQ, Inc. (IONQ), The Alkaline Water Company Inc. (WTER), SeaStar Medical Holding Corporation (ICU), Alaunos Therapeutics, Inc. (TCRT), Harpoon Therapeutics, Inc. (HARP), and INVO Bioscience, Inc. (INVO) are among the losers.

Portfolio Pulse from Lisa Levin

October 24, 2023 | 11:31 am

BAER

Bridger Aerospace has decided to terminate its proposed public offering of common stock. The company has not provided any specific reasons for this decision.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:31 am

ESMT

Raymond James analyst John Davis has downgraded Engagesmart (NYSE:ESMT) from Strong Buy to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 11:29 am