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CRS

Carpenter Tech (NYSE:CRS) has outperformed the market over the past 20 years with an average annual return of 9.83%, resulting in a $100 investment growing to $676.94. The company currently has a market capitalization of $6.89 billion.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 2:00 pm

UNM

Unum Group (NYSE: UNM) has outperformed the market over the past 5 years, delivering an average annual return of 15.0%. A $1000 investment in UNM 5 years ago would be worth $2,084.24 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 2:00 pm

DIS

NFLX

WBD

Disney reported its first-ever streaming profit and a significant overall profit for the quarter, while Warner Bros. Discovery faced a $10 billion loss due to a major write-down. Disney's success in streaming and box office hits like Inside Out 2 and Deadpool&Wolverine highlight its resurgence, despite a decline in U.S. park sales.

Portfolio Pulse from Upwallstreet

August 12, 2024 | 1:59 pm

CYD

China Yuchai Intl shares are trading higher after the company reported a year-over-year increase in H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:58 pm

GENC

Gencor Industries shares are trading lower after the company reported a year-over-year decrease in Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:55 pm

SXTP

60 Degrees Pharmaceuticals shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 70.6%.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:55 pm

SCPH

scPharmaceuticals Inc. (NASDAQ:SCPH) announced a $50 million public offering of 12 million shares of common stock at $4 per share. The offering includes pre-funded warrants and is expected to close on August 13, 2024. Leerink Partners and TD Cowen are joint book-running managers.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:53 pm

SSL

Sasol Limited (NYSE:SSL) reported a challenging FY24 with an expected adjusted EBITDA decline of 2% to 17%, primarily due to low chemicals prices and tight margins. Despite some positive factors like a stronger rand and higher oil prices, earnings fell significantly due to non-cash adjustments and impairments. SSL shares are down 2.38% following the announcement.

Portfolio Pulse from Lekha Gupta

August 12, 2024 | 1:50 pm

AILE

GNLN

MNDY

RILY

RVNC

STIM

TRNR

U.S. stocks traded lower with the Dow Jones falling 150 points. Monday.com reported better-than-expected earnings, while Greenlane Holdings, Revance Therapeutics, and Interactive Strength saw significant stock price increases. B. Riley Financial, Neuronetics, and iLearningEngines experienced sharp declines.

Portfolio Pulse from Avi Kapoor

August 12, 2024 | 1:49 pm

BAC

Recent options market activity indicates a bearish sentiment among large investors towards Bank of America (NYSE:BAC). Out of 8 detected trades, 75% were bearish, with significant put and call volumes. Analysts have mixed ratings, with an average target price of $45.8.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 1:45 pm