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VIR

Shares of Vir Biotechnology Inc have been halted on a circuit breaker and are set to resume trading at 8:30 a.m. ET.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 12:12 pm

CCI

Crown Castle has issued FY23 EPS guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:12 pm

JNJ

Johnson & Johnson (JNJ) has reported Q2 FY23 adjusted earnings of $2.80 per share, beating the consensus of $2.62. Sales increased 6.3% to $25.5 billion, beating the consensus of $24.63 billion. The company has lifted its annual outlook due to strong sales growth from its MedTech business. JNJ shares are up 1.11% at $160.50 during the premarket session.

Portfolio Pulse from Vandana Singh

July 20, 2023 | 12:12 pm

FHN

First Horizon Corporation (NYSE:FHN) reported Q2 revenues of $1.031 billion, up 39% Y/Y, beating the consensus of $921.53 million. However, the adjusted EPS of $0.39 marginally missed the consensus of $0.40. Following the earnings announcement, analysts from Raymond James and RBC Capital raised their price targets on First Horizon from $13 to $14.

Portfolio Pulse from Lisa Levin

July 20, 2023 | 12:11 pm

ELS

Equity LifeStyle Properties (ELS) shares are trading higher after the announcement that the company will join the S&P MidCap 400.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:10 pm

DFS

Discover Financial's shares are trading lower following the company's Q2 earnings per share (EPS) results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:09 pm

DRRX

DURECT Corporation has announced a $15 million registered direct offering priced at-the-market under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:08 pm

BX

Blackstone Group Inc. (BX) shares are trading lower following the company's Q2 sales results, which were below market expectations.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:08 pm

FRT

NNN

O

Despite bearish predictions for real estate investment trusts (REITs), triple-net lease REITs continue to show strength. Three such REITs, Realty Income Corp. (NYSE:O), Federal Realty Investment Trust (NYSE:FRT), and NNN REIT Inc. (NYSE:NNN), have been highlighted for their stability and reliable dividend income. Realty Income Corp. has had a 14.6% compound annual total return since its IPO in 1994. Federal Realty Investment Trust declared FFO of $1.59 in the first quarter, a 6% increase over the same period in 2022. NNN REIT Inc. announced first-quarter operating results with FFO of $0.80 per share, up from $0.77 in the first quarter of 2022.

Portfolio Pulse from Ethan Roberts

July 20, 2023 | 12:08 pm

TSLA

Tesla shares are trading lower following the release of the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:07 pm