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BWA

BorgWarner expects to complete the spin-off of PHINIA on July 3, 2023, with PHINIA common stock to be traded on the NYSE under the ticker symbol PHIN starting July 5, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:04 pm

PFE

Pfizer warns of potential shortages for pediatric Bicillin L-A, an antibiotic for syphilis treatment, by the end of June due to prioritizing adult versions amid a surge in syphilis infections. The company's penicillin products have been experiencing shortages since April, and another penicillin product, Bicillin C-R, is expected to face supply depletion in Q3.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 12:03 pm

SHEL

Shell plans to increase shareholder returns by raising distributions to 30-40% of cash flow from operations, up from 20-30%, and executing at least $5 billion of share buybacks in H2 2021. The company also intends to maintain steady oil output until 2030, while progressing towards becoming a net-zero business by 2050.

Portfolio Pulse from Benzinga Newsbot

June 14, 2023 | 12:03 pm

HUN

In the last quarter, 7 analysts rated Huntsman (NYSE:HUN) with an average price target of $27.14, representing an upside from its current price of $25.5225. The current average is an 8.0% decrease from the previous average price target of $29.50.

Portfolio Pulse from Benzinga Insights

June 14, 2023 | 12:01 pm

BTCUSD

ETHUSD

Crypto trader Michael van de Poppe revealed his top 4 coins to invest $1,000 in before the 2024 US Presidential Elections. He suggested investing $300 in Bitcoin (BTC), $300 in Ethereum (ETH), $150 in Chainlink, and $250 in Cosmos.

Portfolio Pulse from Mehab Qureshi

June 14, 2023 | 12:00 pm

AAPL

AMZN

Apple's Watch Series 8 is now available at a $70 discount on Amazon, with prices starting at $329. The discount applies to both 41mm and 45mm models across all four colors.

Portfolio Pulse from Rounak Jain

June 14, 2023 | 12:00 pm

EADSY

Airbus has raised its forecast for new airplane deliveries to 40,850 for 2023-2042, with 32,630 Single Aisle and 8,220 Widebody flights. The company also increased its outlook for replaceable old aircraft count to 17,170 units and expects its fleet in service to reach 46,560 aircraft in 2042. Airbus projects higher growth in Asia, particularly China and India.

Portfolio Pulse from Lekha Gupta

June 14, 2023 | 11:55 am

GMBL

Esports Entertainment Group (GMBL) has received notice from the Nasdaq Panel on June 13, indicating that the company is in compliance with the requirements for continued listing on Nasdaq.

Portfolio Pulse from Charles Gross

June 14, 2023 | 11:52 am

TSLA

Tesla CEO Elon Musk criticized ESG ratings, calling them 'the devil' and a 'moral cloak to hide bad behavior.' He responded to a Twitter thread highlighting that tobacco companies have higher ESG ratings than Tesla. In May 2022, Tesla lost its spot on the S&P 500 ESG Index, which Musk called a 'scam' and a 'clear case of wacktivism.'

Portfolio Pulse from Anan Ashraf

June 14, 2023 | 11:52 am

SPY

USO

U.S. and Iranian officials have held several sets of indirect talks in Oman to ease tensions, according to the Wall Street Journal. This development could impact the SPDR S&P 500 ETF (SPY) and the United States Oil Fund (USO).

Portfolio Pulse from Charles Gross

June 14, 2023 | 11:50 am