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AVGO

Broadcom shares are trading higher in anticipation of the company's upcoming quarterly earnings report.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:56 pm

CRM

DOCU

DocuSign shares are trading higher, possibly in sympathy with Salesforce, which saw gains following strong Q2 results.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:52 pm

AAL

DAL

UAL

Mexico's President Lopez Obrador has announced that a reduction of flights at Mexico City International Airport will commence in November. This could potentially impact several US-listed airlines that operate in the region.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:49 pm

SIG

Signet Jewelers shares are trading higher after the company reported better-than-expected Q2 results.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 2:49 pm

AIG

CBFV

FFIC

FNWB

GABC

The article discusses value stocks in the financial services sector, highlighting five companies: First Northwest Bancorp, American Intl Gr, Flushing Financial, German American Bancorp, and CB Financial Services. These companies are considered undervalued based on their low P/E ratios. However, their earnings per share and dividend yields have seen fluctuations in recent quarters.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:48 pm

COST

A significant amount of unusual options activity has been observed for Costco Wholesale (NASDAQ:COST), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $480.0 and $625.0. Telsey Advisory Group has downgraded its action to Outperform with a price target of $575, while UBS and Evercore ISI Group maintain their Buy and Outperform ratings respectively, with price targets of $640 and $595.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:47 pm

EMAN

eMagin Corporation's stockholders have approved the company's acquisition by Samsung Display Co., Ltd. The transaction, valued at approximately $218 million, will see all outstanding shares of eMagin common stock acquired for $2.08 per share in cash. The deal is expected to close in the second half of 2023, subject to regulatory approvals. Upon completion, eMagin will become a private company and its common stock will no longer trade on the NYSE American.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:47 pm

COTY

M

Kylie Jenner is considering buying back her 51% stake in Kylie Cosmetics from Coty Inc (COTY) due to dissatisfaction with the company's management of the brand. Kim Kardashian is also contemplating redeeming her 20% stake in her skincare line, SKKN by Kim, which Coty agreed to buy. Coty's stock is up 32% YTD, and the company reported a 16% YoY sales growth in Q4 FY23.

Portfolio Pulse from Anusuya Lahiri

August 31, 2023 | 2:46 pm

GES

Guess (NYSE:GES) has announced a quarterly dividend of 30 cents per share, to be paid out on September 22, 2023. To be eligible for this dividend, shareholders must own the stock prior to the ex-dividend date, which is Tuesday. The stock will likely open 30 cents lower on Tuesday to reflect the payout.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 2:45 pm

DLTH

Duluth Holdings reported a year-over-year decrease in Q2 EPS results and reiterated FY23 EPS guidance below estimates. CFO Dave Loretta announced his decision to step down effective September 15, which has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 2:44 pm