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DTST

Data Storage Corporation (NASDAQ:DTST) has secured a multi-million dollar contract with a leading business process solutions provider. The company will provide cloud-based infrastructure and data recovery solutions to support the client's large data sets and ensure business continuity during planned maintenance or unplanned downtime.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 12:36 pm

FREY

Morgan Stanley has upgraded FREYR Battery's stock from Equal-Weight to Overweight and set a price target of $13. This has led to an increase in the trading of FREYR Battery shares.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:34 pm

IPW

iPower has met the Nasdaq bid price compliance, which means it has maintained a minimum bid price of $1.00 per share for at least 10 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:32 pm

MKC

McCormick & Co Inc reported Q2 FY23 sales growth of 8% year-on-year to $1.66 billion, slightly missing the analyst consensus of $1.67 billion. Adjusted EPS of $0.60 beat the consensus of $0.57. The company reaffirmed FY23 revenue growth guidance of 5% - 7% and raised FY23 Adjusted EPS outlook to $2.60 - $2.65 from $2.56 - $2.61. MKC shares closed lower by 1.50% at $91.85 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

June 29, 2023 | 12:29 pm

RNXT

RenovoRx has released interim data on progression-free survival from its Phase 3 study of RenovoGem for pancreatic cancer, which has led to a rise in the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:26 pm

REUN

Reunion Neuroscience (NASDAQ:REUN) reported its Q4 earnings, missing estimated earnings by 41.38% with an EPS of $-0.41 versus an estimate of $-0.29. Revenue was down $1.36 million from the same period last year. Last quarter, the company also missed on EPS by $0.16, which was followed by a 0.8% increase in the share price the next day.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 12:25 pm

BTAI

BioXcel Therapeutics has released topline results from its TRANQUILITY II Phase 3 trial of BXCL501 for acute treatment of Alzheimer's Disease-related agitation. The company's shares are trading lower following the announcement.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:24 pm

CMC

ON

SIG

UBER

Insiders at Uber Technologies, Commercial Metals Company, ON Semiconductor Corporation, and Signet Jewelers Limited have recently sold shares. Uber's CEO sold 100,000 shares at $45.00 each, Commercial Metals' CEO sold 50,000 shares at $50.65 each, ON Semiconductor's Director sold 1,450 shares at $88.63 each, and Signet Jewelers' CEO sold 10,000 shares at $65.00 each. These sales could indicate concern in the companies' prospects or that the insiders view the stocks as overpriced.

Portfolio Pulse from Lisa Levin

June 29, 2023 | 12:23 pm

LLY

SGTX

Eli Lilly has agreed to acquire Sigilon Therapeutics for $14.92 per share in cash. This has led to a surge in Sigilon's share price.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:22 pm

ASH

Ashland has issued Q3 sales guidance below estimates and cut FY23 sales guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:21 pm