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PPG

PPG Industries reported Q3 2024 earnings of $2.13 per share, missing the analyst estimate of $2.15. Sales were $4.58 billion, below the expected $4.65 billion. Despite the miss, earnings increased by 2.9% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:05 pm

CSX

CSX shares declined after the company reported Q3 earnings that fell short of analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:02 pm

BA

Boeing shares are trading higher as the company plans to raise $15 billion through common stock and convertible bonds. The move aims to protect its credit rating amid high debt and ongoing cash burn. The timing of the raise may depend on resolving a labor strike and upcoming earnings.

Portfolio Pulse from Vaishali Prayag

October 16, 2024 | 8:02 pm

OR

Osisko Gold Royalties (NYSE:OR) has outperformed the market over the past 5 years with an average annual return of 16.34%, resulting in a $100 investment growing to $212.93. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:02 pm

HCA

HCA Healthcare (NYSE:HCA) has significantly outperformed the market over the past 5 years, with an annualized return of 26.8%. A $1000 investment in HCA 5 years ago would now be worth $3,321.50, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:02 pm

CSX

CSX Corporation reported its Q3 2024 financial results, with GAAP EPS of $0.46, missing the estimate of $0.48. Sales were $3.620 billion, also below the expected $3.676 billion.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:02 pm

SBUX

Starbucks (NASDAQ:SBUX) has seen a surge in options activity, with a notable bearish sentiment. 50% of traders are bearish, and 41% are bullish. The options activity suggests a price range between $70 and $110. Analysts have mixed ratings, with some upgrading and others downgrading their outlook.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:01 pm

UNP

Union Pacific (NYSE:UNP) has seen a surge in bearish options activity, with 66% of trades showing bearish sentiment. The stock is currently trading at $248.5, up 1.1%, but analysts have mixed ratings with price targets ranging from $247 to $275. The anticipated earnings release is in 8 days.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:01 pm

DRCT

Direct Digital Holdings has regained compliance with Nasdaq's listing requirements, which is a positive development for the company and its investors.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:01 pm

BE

Bloom Energy (NYSE:BE) has been analyzed by 7 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $14.0, down 8.44% from the previous $15.29. Analysts have adjusted their ratings and price targets, reflecting recent market conditions and company performance. Despite positive revenue growth and a strong market capitalization, Bloom Energy faces challenges with high debt levels and below-industry-standard ROE.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:01 pm