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ADSK

BRK-B

COP

VLO

On CNBC's 'Halftime Report Final Trades', analysts discussed the performance and prospects of several stocks. Autodesk (ADSK) was highlighted for its recent decent quarter and potential for growth. ConocoPhillips (COP) was named as a top player in its sector despite missing Q2 EPS consensus. Berkshire Hathaway (BRK-A, BRK-B) was noted for its 17% share growth over the past six months and consensus Buy rating. Valero Energy (VLO) was picked for its Q2 revenue beat.

Portfolio Pulse from Priya Nigam

August 28, 2023 | 12:58 pm

URI

BrightView Holdings Inc (BV) has appointed Dale A. Asplund as the new CEO and received a $500 million strategic investment from One Rock Capital Partners. The investment will be used to reduce debt and fuel acquisitions. The company also reported Q3 FY23 revenue of $766 million, missing the consensus of $777.4 million, and adjusted EPS of $0.44, beating the consensus of $0.38.

Portfolio Pulse from Lekha Gupta

August 28, 2023 | 12:57 pm

KINS

LVLU

RWLK

Insiders at Lulu's Fashion Lounge Holdings, Kingstone Companies, and ReWalk Robotics have been aggressively buying shares, despite the companies posting downbeat quarterly results. The purchases indicate their confidence in the companies' prospects.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 12:52 pm

AAPL

BYDDF

JBL

Jabil Inc has reached a preliminary deal with Chinese EV maker BYD Co., Ltd. for the sale of its Mobility business in a potential transaction worth $2.2 billion. The proceeds from this transaction will be used for share buybacks and further investment in various sectors. The deal could see BE further penetrating Apple Inc's casing supply with higher market share. Jabil's shares traded higher by 6.57% at $110.00 premarket on the last check Monday.

Portfolio Pulse from Anusuya Lahiri

August 28, 2023 | 12:49 pm

OSG

Overseas Shipholding Group (OSG) has announced an off-market share repurchase of 3,788,639 shares of common stock at $4.05 per share, totaling $15,343,987.95.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 12:47 pm

GDC

XPEV

GD Culture Group Limited is expanding its Grids of the Future portfolio with TikTok to boost its live-streaming e-commerce business. Hawaiian Electric shares are trading higher after the company responded to a lawsuit filed by the County of Maui. XPENG is planning to expand in the A-class Smart EV segment through a strategic partnership with DiDi.

Portfolio Pulse from ryanfaloona@benzinga.com

August 28, 2023 | 12:44 pm

PCYO

UTL

The article lists the top 3 oversold utilities stocks that could potentially rise in Q3. These include Unitil Corporation (UTL), Pure Cycle Corporation (PCYO), and Hawaiian Electric Industries (HE). UTL posted weaker-than-expected earnings but has a disciplined approach to cost management. PCYO has appointed a new CFO, Marc Spezialy. HE shares traded lower after Maui County filed a lawsuit against the company and it suspended its quarterly cash dividend.

Portfolio Pulse from Lisa Levin

August 28, 2023 | 12:42 pm

MRVL

Marvell Technology, Inc. (NASDAQ:MRVL) reported Q2 earnings of 33 cents per share, beating the analyst consensus estimate of 32 cents. The company also reported quarterly sales of $1.34 billion, surpassing the analyst consensus estimate of $1.33 billion. However, the company's shares traded lower after Morgan Stanley cut the price target from $68 to $65. B. Riley Securities raised the price target from $75 to $77. The article also discusses how investors can earn a regular monthly income from Marvell's dividend yield.

Portfolio Pulse from Priya Nigam

August 28, 2023 | 12:39 pm

Hersha Hospitality Trust (NYSE:HT) announced a merger with KSL Capital Partners LLC, with KSL acquiring all outstanding common shares of Hersha for $10.00 per share in an all-cash transaction valued at approximately $1.4 billion. This represents a premium of approximately 60% over Hersha's closing share price on August 25, 2023. The transaction is expected to be completed in Q4 2023, after which Hersha's shares will no longer be listed on any public securities exchange.

Portfolio Pulse from Shivani Kumaresan

August 28, 2023 | 12:39 pm

BYDDF

BYDDY

JBL

Jabil Inc has reached a preliminary agreement for the potential sale of its Mobility business to BYD Electronic for $2.2 billion. This has resulted in a rise in Jabil's share prices.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 12:29 pm