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FLT

Raymond James has maintained an Outperform rating on FleetCor and raised its price target from $246 to $283. This has resulted in FleetCor's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:11 pm

AMZN

BABA

DIS

FTTUSD

GRTX

NVO

PLUG

SIX

WWW

Disney is considering strategic partnerships for ESPN and a shift to streaming. FTX is facing issues with traders and market makers over asset domination. Amazon is reducing its private-label operation to address antitrust scrutiny. Alibaba reported a 14% YoY revenue growth. Plug Power reported a 72% YoY revenue increase but a larger than expected loss. Wolverine World Wide reported a 17.4% YoY revenue decline. Six Flags reported a 2% YoY sales growth. Galera Therapeutics received a Complete Response Letter from the FDA. Novo Nordisk reported a 29% YoY sales increase and raised its FY23 guidance. Novo Nordisk also agreed to buy Inversago Pharma. Two key executives from Amazon's drone delivery program, Prime Air, have quit.

Portfolio Pulse from Vandana Singh

August 10, 2023 | 3:10 pm

KELYA

Kelly Services, Inc. (NASDAQ:KELYA) reported Q2 revenues of $1.217 billion, missing the analyst consensus of $1.24 billion. Revenues fell 3.9% YoY. Adjusted EPS of $0.36 also missed the street view of $0.40. Gross profit fell 8.3% YoY to $240.6 million, with gross margins of 19.8%, slumping 90 bps YoY due to lower permanent placement fees. The company's board declared a dividend of $0.075 per share. KELYA shares are trading lower by 3.34% to $17.67.

Portfolio Pulse from Nabaparna Bhattacharya

August 10, 2023 | 3:10 pm

DIS

The Walt Disney Company's shares are trading higher following the company's Q3 earnings per share (EPS) results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:08 pm

LQR

Trading of LQR House shares has resumed.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 3:07 pm

BAM

Brookfield Asset Management's shares are trading higher following the release of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:06 pm

MKTW

VALU

Value Line (NASDAQ:VALU) will issue a dividend payout of $0.28 per share, resulting in an annualized dividend yield of 2.13%. The company has shown an upward trajectory in dividend per share and earnings per share from 2019 to 2022, indicating a strong financial position and potential for future cash dividend payout increases. Marketwise (NASDAQ:MKTW) has the highest annualized dividend yield at 2.16% among industry peers.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 3:05 pm

BRY

DMLP

Dorchester Minerals (NASDAQ:DMLP) will distribute a dividend payout of $0.68 per share, translating to an annualized dividend yield of 8.32%. The company has shown a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $2.01 to $3.50. Dorchester Minerals's dividend yield falls in the middle range when compared to its industry peers, with Berry Corp (NASDAQ:BRY) having the highest annualized dividend yield at 14.59%.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 3:05 pm

SPY

Federal Reserve's Mary Daly stated that the July Consumer Price Index (CPI) data was as expected, which is good news for families and businesses. However, she cautioned that this does not mean victory over inflation.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 3:04 pm

LQR

Trading of LQR House shares was resumed but then halted again due to a circuit breaker to the upside.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 3:02 pm