Streetbeat News

Stock Prices

PAA

Plains All American (NASDAQ:PAA) is set to release its quarterly earnings report on August 4, 2023. Analysts estimate an EPS of $0.21. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $14.47, up 29.06% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:49 pm

NEON

Trading of Neonode Inc. shares has resumed.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:48 pm

PCOR

Procore Technologies reported Q2 financial results, which led to a decrease in its share price. Loop Capital also downgraded the stock from Buy to Hold and reduced its price target from $80 to $75.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:48 pm

FCNCA

First Citizens BancShares reported better-than-expected Q2 financial results, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 1:48 pm

MPC

A significant bullish stance has been taken on Marathon Petroleum (NYSE:MPC) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $110.0 to $145.0 for Marathon Petroleum over the last 3 months. Wells Fargo, Morgan Stanley, and Barclays have maintained their ratings on Marathon Petroleum with price targets of $140, $150, and $132 respectively.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:48 pm

PBI

Pitney Bowes Inc. (NYSE:PBI) reported a Q2 FY23 sales decline of 10.9% YoY to $776.48 million, missing the analyst consensus of $809.61 million. The company's adjusted EPS was a $(0.02) loss, beating the consensus of a $(0.04) loss. The company's performance was weighed down by cross-border weakness in the Global Ecommerce segment and decreasing equipment sales in SendTech Solutions. The company declared a quarterly cash dividend of $0.05 per share and expects full-year revenue to be on the lower end of previously provided guidance.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 1:48 pm

VST

Vistra Energy Corp (VST) has seen a significant increase in trading activity, with 2498 call options for September 15 at $29 being bought near the ask price, compared to an open interest of 160. The company's earnings report is due on August 9.

Portfolio Pulse from Charles Gross

August 04, 2023 | 1:48 pm

CI

Cigna Corporation reported Q2 FY23 sales of $48.62 billion, up 7% Y/Y, beating the consensus of $47.13 billion. The company's medical cost ratio was 81.2%, slightly higher than 80.7% a year ago. Total premiums rose 6% to $11.04 billion and total medical customers grew 8% to 19.5 million. Revenue from Cigna's Evernorth unit rose nearly 10% to $38.21 billion. The adjusted EPS of $6.13, down from $6.20 a year ago, came above the Wall Street estimate of $5.98. Despite the positive report, Cigna shares are down 4.07% at $287.23.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 1:48 pm

XRAY

Dentsply Sirona Inc (NASDAQ:XRAY) reported Q2 adjusted EPS of $0.51, beating the consensus of $0.43, and sales of $1.03 billion, beating the consensus of $992.15 million. The company raised its 2023 net sales outlook by $75 million. However, the company identified a material weakness in internal control over financial reporting. Despite the positive results, XRAY shares are down 4.70%.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 1:47 pm

SPY

The ISM Non-Manufacturing PMI for July came in at 52.7, lower than the estimated 53 and the prior figure of 53.9.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:47 pm