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SCHL

Scholastic (NASDAQ:SCHL) is set to announce its latest quarterly earnings report on September 21, 2023. Analysts estimate an earnings per share (EPS) of $-1.20. The company's past performance shows a pattern of beating EPS estimates, which often leads to an increase in share price. However, the stock has been down 3.52% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 2:00 pm

AGR

AVA

NWE

Three utilities stocks with over 4% dividend yields have been highlighted by Wall Street's most accurate analysts. These include Avista Corporation (AVA) with a dividend yield of 5.33%, Avangrid, Inc. (AGR) with a yield of 5.14%, and NorthWestern Corporation (NWE) with a yield of 4.94%. Recent news for these companies include leadership changes, worse-than-expected quarterly results, and analyst upgrades and downgrades.

Portfolio Pulse from Lisa Levin

September 20, 2023 | 1:51 pm

CLIR

SOCGP

ClearSign Technologies (NASDAQ:CLIR) has secured collaboration and additional funding from Southern California Gas Co. (OTC:SOCGP) for its 100% Hydrogen Ultra Low NOx burner project. The project aims to develop ultra-low NOx hydrogen burner technology, enabling hydrogen fuel for industrial heating while reducing carbon dioxide and nitrogen oxide emissions. CLIR shares are trading higher by 3.04% at $1.2880.

Portfolio Pulse from Akanksha Bakshi

September 20, 2023 | 1:49 pm

ARS

Trading of ARS Pharmaceuticals shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:49 pm

ARS

Shares of ARS Pharmaceuticals have been halted to the upside, with the stock now down by 54%.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:45 pm

MEDIF

MediPharm Labs Corp. (TSX:LABS) (OTCQB:MEDIF) has ended its royalty agreement with Shelter Cannabis for the Shelter Cannabis Brands IP portfolio. The supplementary agreement will improve the product line's gross margin, allowing MediPharm to invest more in the brand. MediPharm will continue to review its product categories and selling channels to optimize margins and streamline operations. The company's shares traded 1.35% higher at $81.99 per share during the pre-market session on Wednesday.

Portfolio Pulse from Jelena Martinovic

September 20, 2023 | 1:42 pm

INTC

Intel Corp (NASDAQ:INTC) shares are trading lower after falling more than 4% on Tuesday. The company held its Innovation 2023 event, focusing on AI and announced the upcoming launch of its Intel Core Ultra processors and a large AI supercomputer. Intel also announced the general availability of its Developer Cloud and the new release of its OpenVINO toolkit. Rosenblatt analyst Hans Mosesmann reiterated Intel with a Sell rating and maintained a price target of $17.

Portfolio Pulse from Adam Eckert

September 20, 2023 | 1:41 pm

META

Meta Platforms Inc's app, Threads, is facing criticism for blocking standard search terms, limiting its usefulness. This has raised concerns about Threads' ability to provide real-time information and cater to diverse discussions. The lack of diverse content could impact Threads' potential advertising business. Threads' daily active users have plummeted to below 10 million from over 100 million. The average duration on Threads also dropped from nearly 21 minutes to 3 minutes within a month.

Portfolio Pulse from Anusuya Lahiri

September 20, 2023 | 1:37 pm

AMZN

PINS

Pinterest (PINS) stock traded higher after executives announced anticipated accelerated year-over-year revenue growth following a slowdown in 2022 and 2023. The company projected a compound annual growth rate in the mid to high teens over the next three to five years. Pinterest also expects its adjusted margin for earnings before interest, taxes, depreciation, and amortization to reach a percentage in the low 30s within the next three to five years. The company's focus has shifted towards collaborating more effectively with retailers, including an advertising partnership with Amazon (AMZN).

Portfolio Pulse from Anusuya Lahiri

September 20, 2023 | 1:33 pm

AAPL

CPI

DIS

EAT

NET

NVDA

PPI

TSLA

WEN

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:32 pm