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ULTA

Ulta Beauty (NASDAQ:ULTA) has significantly outperformed the market over the past decade, delivering an average annual return of 16.81%. A $100 investment in ULTA 10 years ago would now be worth $465.46, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 9:00 pm

BMY

The FDA has granted accelerated approval to Bristol Myers Squibb's Lisocabtagene Maraleucel for the treatment of follicular lymphoma. This approval is expected to have a positive impact on the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:59 pm

WERN

Werner Enterprises has announced a new stock repurchase program for up to 5 million shares of its common stock. The Board has withdrawn the previous repurchase authorization, which had approximately 1.6 million shares remaining.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:57 pm

ENSV

Enservco (AMEX:ENSV) reported Q1 2024 earnings per share (EPS) of $0.03, significantly beating the analyst consensus estimate of $(0.02). However, the company's sales of $9.79 million missed the $10.00 million estimate, though it represents a 9.87% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:56 pm

IREN

IREN (Iris Energy Limited) has announced an increase in its 2024 expansion plan to 30 EH/s, up from the previously planned 20 EH/s. The company has secured Bitmain S21 Pro miners and plans to expand its data center capacity by 50MW at Childress. The expansion is funded through existing cash and other sources.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:55 pm

RSLS

Reshape Lifesciences (NASDAQ:RSLS) reported Q1 2024 GAAP EPS of $(0.09), beating the $(0.16) estimate, but sales of $1.944M missed the $2.104M estimate. EPS improved significantly from $(1.56) last year, while sales decreased by 15% from $2.287M.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:54 pm

BIDU

JD

JD.com Inc (NASDAQ:JD) and Baidu Inc (NASDAQ:BIDU) are set to report their Q1 2024 earnings. JD.com, a major player in China's e-commerce market, and Baidu, a leader in search engine and AI technology, offer compelling investment opportunities. Analysts have a consensus buy rating for both, with potential upsides of 16.1% for JD and 40.0% for Baidu.

Portfolio Pulse from Surbhi Jain

May 15, 2024 | 8:53 pm

GTN

Gray Television (NYSE: GTN) has announced a $1.6 billion refinancing process to extend its near-term debt maturities. The company plans to refinance its existing $1.15 billion term loan and $450 million senior notes with new senior secured term loans and additional senior secured debt. Additionally, Gray has increased its revolving credit facility from $552.5 million to $680 million.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:53 pm

FBIO

Fortress Biotech (NASDAQ:FBIO) reported Q1 2024 GAAP EPS of $(1.03), beating the analyst estimate of $(1.73) by 40.46%. However, sales of $13.030M missed the $14.131M estimate by 7.79%, though it represents a 4.84% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:53 pm

CNK

Third Point, a hedge fund, has taken a 5 million share stake in Cinemark, as revealed in their latest 13F filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:52 pm