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BKNG

Booking Holdings Inc (NASDAQ:BKNG) has been fined €413.2 million ($447.1 million) by Spain's competition regulator, CNMC, for imposing unfair conditions on Spanish hotels. The CNMC's ruling mandates changes to ensure fair competition, impacting Booking's market practices in Spain.

Portfolio Pulse from Shivani Kumaresan

July 31, 2024 | 2:40 pm

WTRG

Essential Utilities Inc. (NYSE:WTRG) has announced an increase in its quarterly dividend from $0.3071 to $0.3255 per share, a 6.0% increase. The dividend will be payable on September 3, 2024, to shareholders of record on August 12, 2024. This marks the 34th dividend increase in the last 33 years.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:39 pm

HUBB

Hubbell shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:38 pm

TEVA

Teva Pharmaceutical Industries Ltd (NYSE:TEVA) reported strong Q2 2024 results, beating estimates and raising its annual outlook. The company saw significant growth in generic products and Austedo sales, leading to increased revenues and adjusted EPS. Teva also announced an accelerated development timeline for duvakitug.

Portfolio Pulse from Vandana Singh

July 31, 2024 | 2:38 pm

ALSN

Allison Transmission (NYSE:ALSN) has outperformed the market over the past 5 years, delivering an average annual return of 15.3%. A $1000 investment in ALSN 5 years ago would be worth $2,043.16 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 2:33 pm

JPM

Wealthy investors have taken a bullish stance on JPMorgan Chase (NYSE:JPM) through significant options trades. Benzinga's options scanner detected 14 uncommon trades, with a split sentiment of 50% bullish and 50% bearish. The major market movers are focusing on a price band between $195.0 and $240.0 for JPMorgan Chase. The stock is currently trading at $215.37, with an average analyst price target of $217.0.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 2:31 pm

GRMN

Garmin shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:31 pm

SPY

UNG

USA gasoline inventories saw a draw of 3.665 million barrels, compared to a previous draw of 5.572 million barrels. This indicates a smaller reduction in gasoline stockpiles than previously observed.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:30 pm

USO

The EIA reported a build of 1.534 million barrels in distillate stocks, compared to a previous draw of 2.753 million barrels.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:30 pm

ADP

Automatic Data Processing, Inc. (NASDAQ: ADP) reported better-than-expected fiscal Q4 2024 earnings, with revenues of $4.77 billion and adjusted EPS of $2.09. Employer Services revenue increased by 7%, and PEO Services revenue grew by 6%. The company also provided a positive FY25 outlook.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 2:30 pm