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CL

Colgate-Palmolive (NYSE:CL) is expected to report higher Q2 earnings of 75 cents per share, up from 72 cents per share a year ago, with revenues of $4.69 billion. The company's shares fell 1.1% to close at $77.11 on Thursday. Several analysts have recently adjusted their price targets for the company, with most raising their targets.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 6:45 am

INZY

Inozyme Pharma has priced its public offering of 12.5 million common stocks at $4.80 per share.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:28 am

TNXP

Tonix Pharmaceuticals has priced its public offering of 7 million common shares at $1 per share. The closing of the public offering is expected to occur on or about August 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 6:15 am

F

TSLA

Ford Motor Co (NYSE:F) CEO Jim Farley explained that the company cut the price of its F-150 Lightning electric pickup to create an order bank for a tripling in production. The price cut brought the tag on the vehicle down and closer to $50,000 but it is still above the Lightning’s launch price. Several analysts have pegged the price cut to an impending price announcement by Tesla (NASDAQ:TSLA) for its upcoming Cybertruck.

Portfolio Pulse from Anan Ashraf

July 28, 2023 | 6:07 am

EWQ

VGK

France's Gross Domestic Product (GDP) for Q2 has increased by 0.9%, slightly higher than the prior 0.8%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:41 am

EWQ

France's Gross Domestic Product (GDP) for Q2 has increased by 0.5%, surpassing the estimated 0.1% and the prior 0.1%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:33 am

EWQ

VGK

France's consumer spending for June increased by 0.9%, surpassing the estimated 0.1% and the prior 0.6%.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 5:32 am

DIS

Florida Governor Ron DeSantis' board is reportedly planning to cut millions of dollars worth of spending in the special governing district where Walt Disney World operates. The board is considering cutting $8 million of the district's annual spending meant for law enforcement provided exclusively to Disney's properties. This comes after Disney voiced opposition against the 'Don't say gay' law passed by Florida, leading to retaliatory tactics from DeSantis.

Portfolio Pulse from Shanthi Rexaline

July 28, 2023 | 5:28 am

F

TSLA

Ford Motor Co (NYSE:F) CEO Jim Farley has revised the company's EV production targets and increased loss forecasts. The company now aims for a 600,000 EV production run-rate in 2024, with no set deadline for the previously targeted two million EV production run rate. The EV segment is now expected to bring a loss of $4.5 billion this year, up from the previous guidance of $3 billion. Farley's comments on EV pricing echo those of Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, who recently warned of further price cuts on its vehicles.

Portfolio Pulse from Anan Ashraf

July 28, 2023 | 4:46 am

EWJ

The Bank of Japan (BoJ) has decided to keep its interest rate unchanged at -0.10%, which matches the forecast. This decision could impact the performance of the iShares MSCI Japan ETF (EWJ).

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 4:28 am