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SOLO

Roth MKM analyst Craig Irwin has maintained a Neutral rating on Electrameccanica Vehicles (NASDAQ:SOLO) and reduced the price target from $0.5 to $0.4.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 2:51 pm

XPO

Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on XPO Logistics, Inc. (NYSE:XPO) and increased the price target from $90 to $100.

Portfolio Pulse from Benzinga Newsdesk

January 12, 2024 | 2:47 pm

HRZN

Horizon Tech Finance (NASDAQ:HRZN) announced a monthly dividend of 11 cents per share, with Tuesday being the last day for investors to be eligible for the next payout. The stock will go ex-dividend on Wednesday, likely opening 11 cents lower to reflect the payout. Shareholders owning HRZN by the end of Tuesday's session will receive the dividend on February 14, 2024.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

FUNC

First United (NASDAQ:FUNC) has announced a quarterly dividend of 20 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning FUNC stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on February 01, 2024. The stock is expected to open 20 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

ACN

Accenture (NYSE:ACN) has announced a quarterly dividend payout of $1.29 per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will likely open $1.29 lower to reflect the payout. Shareholders owning ACN by the end of Tuesday's session will receive the dividend on February 15, 2024.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

DBL

Doubleline Opportunistic (NYSE:DBL) announced a monthly dividend of 11 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will trade lower by the dividend amount. The dividend is payable on January 31, 2024.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

DLY

DoubleLine Yield Opps (NYSE:DLY) announced that shareholders owning the stock by the end of Tuesday's session will be eligible for a monthly dividend of 11.67 cents per share. The ex-dividend date is Wednesday, and the stock is expected to open 11.67 cents lower to reflect the payout. The dividend will be paid on January 31, 2024.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

DSL

DoubleLine Inc Solns Fund (NYSE:DSL) announced a monthly dividend of 11 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning DSL by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 11 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 2:45 pm

AUVI

Applied UV, Inc. (NASDAQ:AUVI) shares surged after announcing the launch of its Fighter Flex LED solution for HVAC systems at the AHR Expo on January 22nd. The company is finalizing distribution agreements with major smart-building technology brands. The new solution is expected to offer significant energy savings and maintenance benefits. Last month, AUVI also announced a collaboration with Silver Cross Hospital for implementing Far-UVC Puro Protect 222nm fixtures.

Portfolio Pulse from Nabaparna Bhattacharya

January 12, 2024 | 2:43 pm

C

Citigroup Inc (NYSE:C) reported a Q4 FY23 revenue decline of 3% Y/Y to $17.44 billion, missing consensus estimates. Adjusted EPS of $0.84 beat consensus, while GAAP EPS showed a loss of $(1.16) due to divestiture impacts. Net credit losses increased by 69% Y/Y. The company saw growth in Services, U.S. Personal Banking, and Banking revenue, but declines in Markets and Wealth revenue. Operating expenses rose by 23% Y/Y, and the company reported a net loss of $(1.84) billion. Citigroup plans to cut 20,000 jobs in the medium term after its worst quarter in 15 years. The FY24 revenue outlook is set at $80-$81 billion, above consensus. Citigroup's shares rose by 2.47% to $53.37.

Portfolio Pulse from Anusuya Lahiri

January 12, 2024 | 2:41 pm