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PM

Philip Morris International Inc. (NYSE:PM) has increased its regular quarterly dividend by 2.4%, bringing it to an annualized rate of $5.20 per share. The revised dividend will be payable on Oct. 12 to shareholders on record as of Sept. 27. To earn $500 per month from dividends, an investor would need to hold about 1,181 shares of Philip Morris, costing about $112,360.

Portfolio Pulse from AJ Fabino

September 13, 2023 | 5:52 pm

HOTH

Hoth Therapeutics Inc (NASDAQ:HOTH) announced encouraging preclinical results for its investigational cancer drug, HT-KIT. The drug, initially developed for systemic mastocytosis, showed potential applications in gastrointestinal stromal tumors and acute myeloid leukemia. Despite an initial 9% increase, HOTH's stock price fell 23.90% to $2.74.

Portfolio Pulse from Vandana Singh

September 13, 2023 | 5:50 pm

USB

U.S. Bancorp shares are trading lower following the company's presentation at the Barclays Global Financial Services Conference.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 5:50 pm

ORCL

Oracle shares are trading higher, potentially rebounding after a drop on Tuesday due to soft guidance.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 5:48 pm

MFG

MUFG

SMFG

Shares of Japanese banks are trading higher following recent comments from the Bank of Japan suggesting a possible end to negative rates.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 5:47 pm

HOTH

Hoth Therapeutics has announced a registered direct offering of 1.1 million shares of its stock, priced at-the-market under Nasdaq rules. The offering is expected to raise $2.89 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:47 pm

DG

A large investor has taken a bearish stance on Dollar General (NYSE:DG), with 60% of big-money traders also showing bearish sentiment. The investor's activity was noticed on publicly available options history. The overall sentiment of these traders is split between 40% bullish and 60% bearish. The price of DG is currently down -2.84% at $120.37, and RSI indicators suggest the stock may be oversold.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 5:46 pm

NVO

A large bearish position has been taken on Novo Nordisk (NYSE:NVO), as observed in publicly available options history. The overall sentiment of these big-money traders is split between 31% bullish and 68% bearish. The whales have been targeting a price range from $160.0 to $210.0 for Novo Nordisk over the last 3 months. The price of NVO is currently down -1.82% at $193.16.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 5:46 pm

MSFT

Microsoft Corp has received positive feedback on its improved combat goggles from the U.S. Army, marking a significant step forward in their collaboration. The U.S. Army has awarded Microsoft a new contract for additional systems and is assessing the company's production capabilities. The IVAS 1.2 goggles, based on Microsoft's HoloLens technology, have undergone rigorous testing and received positive feedback from soldiers. The U.S. Army projects spending up to $21.9 billion over a decade to acquire as many as 121,000 devices, along with spares and support services.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 5:43 pm

RDW

Redwire shares are trading higher after Roth MKM initiated coverage on the stock with a Buy rating.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 5:43 pm