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MTX

Minerals Technologies has announced a new $200 million share repurchase program, following the completion of a previous $75 million program in October 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:32 pm

CENX

Century Aluminum shares are trading higher following Alcoa's better-than-expected Q3 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:31 pm

CLSK

Cleanspark (NASDAQ:CLSK) has outperformed the market over the past 5 years with an average annual return of 18.12%, resulting in a $100 investment growing to $232.16. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:31 pm

CIEN

Ciena (NYSE:CIEN) has outperformed the market over the past 10 years with an average annual return of 15.21%, resulting in a $1000 investment growing to $4,281.03. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 9:31 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares fell in after-hours trading following the announcement of a public offering and investment from the Public Investment Fund affiliate. The company plans to use the proceeds for general corporate purposes. Lucid's third-quarter earnings are expected on Nov. 7.

Portfolio Pulse from Adam Eckert

October 16, 2024 | 9:29 pm

STLD

Steel Dynamics Inc (NASDAQ:STLD) reported better-than-expected Q3 earnings, with revenue of $4.34 billion and EPS of $2.05, surpassing estimates. The company shipped 3.2 million tons of steel and generated $760 million in cash flow. Despite a sequential earnings decline due to lower steel pricing, the company is optimistic about future steel prices and expects additional earnings from new operations by 2025.

Portfolio Pulse from Adam Eckert

October 16, 2024 | 9:21 pm

HOMB

Home BancShares reported Q3 2024 earnings of $0.50 per share, missing the consensus estimate of $0.53. Sales were $257.99 million, slightly below the $258.90 million estimate. Despite missing estimates, both earnings and sales showed year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:19 pm

HCSG

Healthcare Services Group reported a cybersecurity incident involving unauthorized activity within some of its systems. The company expects no disruption or material effect on operations or financial condition.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:11 pm

AA

MS

NVDA

UAL

The stock market closed higher with notable rebounds in NVIDIA and Morgan Stanley. Alcoa saw a significant rise due to strong Q3 earnings, and airline stocks, including United Airlines, closed higher following UAL's earnings report.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:10 pm

ERO

Ero Copper has restored full power at its Tucumã operation after a temporary disruption caused by a severe windstorm. The company has resumed the ramp-up of its processing plant operations.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:06 pm