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GBX

Greenbrier Companies announced that it received orders for 15,300 new railcars with an aggregate value of $1.9B during Q4. The orders were placed by customers operating in various commercial sectors and spanned a range of railcar types. The company stated that this order activity provides clear visibility through fiscal 2024, increasing their confidence in their operating expectations.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 10:05 am

AQST

Aquestive Therapeutics has filed for the resale of up to 2.75 million shares of common stock by the selling stockholder.

Portfolio Pulse from Charles Gross

September 21, 2023 | 10:03 am

KBH

KB Home (NYSE:KBH) reported a Q3 FY23 sales decline of 13.9% YoY to $1.59 billion, beating the analyst consensus of $1.48 billion. The average selling price fell 8.3% to $466,300. The company's homebuilding operating income plunged 44.8% to $179.2 million. However, net orders for Q3 grew 52% to 3,097, and net order value rose 54% to $1.51 billion. The company expects FY23 housing revenue of $6.31 billion, up from the prior view of $5.80 billion-$6.20 billion.

Portfolio Pulse from Shivani Kumaresan

September 21, 2023 | 9:57 am

PARA

WBD

Shares of Warner Bros Discovery (WBD) and Paramount (PARA) are trading higher in premarket following reports that Hollywood writers and producers are close to reaching a deal to end their strike. This development could potentially boost the production activities of both companies.

Portfolio Pulse from Charles Gross

September 21, 2023 | 9:18 am

DRI

Darden Restaurants, Inc. (NYSE:DRI) is set to report its Q1 2024 financial results on Sept. 21, 2023. Analysts predict earnings of $1.73 per share, up from $1.56 per share a year ago, and revenue of $2.71 billion, up from $2.47 billion. Several analysts have revised their ratings and price targets for DRI ahead of the earnings call.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 9:11 am

SCLX

SGHT

TNYA

TSBX

The article lists four health care stocks that are currently oversold and could present buying opportunities. These include Scilex Holding Company (SCLX), Sight Sciences, Inc. (SGHT), Tenaya Therapeutics, Inc. (TNYA), and Turnstone Biologics Corp. (TSBX). All four companies have a Relative Strength Index (RSI) below 30, indicating they are oversold.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 9:11 am

BHF

Goldman Sachs analyst Alex Scott has downgraded Brighthouse Financial (NASDAQ:BHF) from Neutral to Sell and lowered the price target from $47 to $43.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 9:00 am

AVGO

GOOG

MRVL

Google is reportedly working on replacing Broadcom chips with those from Marvell Technology in its devices. This could potentially impact the revenues and market share of the involved companies.

Portfolio Pulse from Charles Gross

September 21, 2023 | 8:50 am

AVGO

GOOG

Google is reportedly considering dropping Broadcom as its AI chip supplier in an effort to reduce AI costs. This could potentially impact Broadcom's revenues.

Portfolio Pulse from Charles Gross

September 21, 2023 | 8:47 am

ASAN

CVGW

HEPA

Insider trades were noted in Asana, Inc. (ASAN), Calavo Growers, Inc. (CVGW), and Hepion Pharmaceuticals, Inc. (HEPA). ASAN's CEO acquired 1,015,000 shares at an average price of $18.04, costing around $18.31 million. CVGW's Executive Vice President bought 1,200 shares at an average price of $28.15, costing around $33,776. HEPA's Director purchased 3,000 shares at an average price of $5.61, costing around $16,841.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 8:36 am