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LEN

Lennar Corporation (NYSE:LEN) is expected to report lower Q3 earnings at $3.51 per share, down from $5.03 per share a year ago. The company's revenue is also expected to decrease to $8.45 billion from $9.01 billion. Lennar shares fell 0.5% to close at $115.97 on Wednesday. Several analysts have recently adjusted their price targets for the company, with the most recent changes ranging from $105 to $161.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 7:16 am

INDA

India's Wholesale Price Index (WPI) inflation for August was reported at -0.52%, slightly better than the estimated -0.60% and significantly improved from the prior -1.36%.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 6:31 am

YUMC

Yum China (YUMC) has announced plans to expand its store count to 20,000 by 2026, aiming for a double-digit compound annual growth rate (CAGR) in earnings per share (EPS). The company also targets to return $3 billion to shareholders from 2024 to 2026.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 6:30 am

SBOW

SilverBow Resources has priced an upsized public offering of 4 million common shares at $37 per share.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 6:13 am

BIOL

BIOLASE has priced an underwritten public offering of 75,000 units, each consisting of one share of Series J Convertible Redeemable Preferred Stock and one warrant to purchase half a share of the same. The offering is expected to close on September 18, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 6:11 am

AMC

AMC Entertainment has completed an at-the-market equity offering of 40 million shares, raising approximately $325 million.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 5:56 am

IPHA

Innate Pharma (NASDAQ:IPHA) reported a 77.78% decrease in quarterly earnings YoY, with EPS of $0.02, down from $0.09. Sales also decreased by 12.17% to $43.81 million. The company's cash position as of June 30, 2023, was €124.7 million, with an anticipated cash runway into H2 2025.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 5:26 am

DOGEUSD

PEPEUSD

SHIBUSD

Pepe Coin (PEPE) has outperformed Dogecoin (DOGE) and Shiba Inu (SHIB) in the past 24 hours, with a growth of 2.01%. The surge in PEPE's value is attributed to the positive market sentiment following the release of inflation Consumer Price Index (CPI) data. However, Pepe Coin faced challenges recently, including a potential 'rug pull scam' and a hack of its accredited Telegram channel.

Portfolio Pulse from Mehab Qureshi

September 14, 2023 | 5:23 am

BBJP

DXJ

EWJ

Japan's industrial production for July has decreased by 1.8%, which is slightly better than the estimated 2% decrease and the prior 2% decrease.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 4:55 am

EWA

Australia's unemployment rate for August remained unchanged at 3.7%, matching estimates. This could potentially impact the iShares MSCI Australia ETF (EWA).

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 4:42 am