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TR

Tootsie Roll Industries (NYSE:TR) announced a quarterly dividend of 9 cents per share, going ex-dividend on Tuesday. Shareholders owning TR by the end of Monday are eligible for the payout on March 28, 2024. The stock is expected to open 9 cents lower on Tuesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:46 pm

CHK

Chesapeake Energy (NASDAQ:CHK) announced a quarterly dividend of 8.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning CHK by the end of Monday are eligible for the dividend, to be paid on March 26, 2024. The stock is expected to open 8.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:46 pm

AAPL

MARA

TSLA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin have seen significant gains, leading to $750M in liquidations. Gemini will refund $1.1B to Earn Program customers. Apple's shareholders rejected a proposal for AI transparency. Marathon Digital's shares fell despite Bitcoin's rally. Dogecoin's market cap surpassed MicroStrategy and Robinhood. Analysts predict a 600% surge in Dogecoin's price. The ETF tracking Congressional Democrats' trades outperformed the S&P 500. US markets show uncertainty ahead of inflation data. Goldman Sachs CEO and Peter Schiff express concerns about the US economy. SEC investigates OpenAI CEO, and Apple faces a vote on AI transparency. Tesla is accused of polluting Berlin's water, and GXO Logistics leads a bidding war for Wincanton.

Portfolio Pulse from Akanksha Bakshi

February 29, 2024 | 2:45 pm

CAKE

Cheesecake Factory (NASDAQ:CAKE) announced a quarterly dividend of 27 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning CAKE by the end of Monday's session are eligible for the payout on March 19, 2024. The stock is expected to open 27 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:45 pm

GNK

Genco Shipping & Trading (NYSE:GNK) announced a quarterly dividend of 41 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning GNK stock by the end of Monday are eligible for the dividend, payable on March 13, 2024. The stock is expected to open 41 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:45 pm

ORA

Ormat Technologies (NYSE:ORA) announced a quarterly dividend of 12 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning ORA by the end of Monday are eligible for the dividend, payable on March 20, 2024. The stock is expected to open 12 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:45 pm

DEA

Easterly Government Props (NYSE:DEA) announced a quarterly dividend of 26.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning DEA stock by the end of Monday are eligible for the dividend, payable on March 18, 2024. The stock is expected to open 26.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:45 pm

CRC

California Resources (NYSE:CRC) announced a quarterly dividend of 31 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning CRC by the end of Monday are eligible for the dividend, payable on March 18, 2024. The stock is expected to open 31 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:45 pm

AAPL

BABA

JD

Apple Inc.'s iPhone 15 series is being offered at significant discounts in China by resellers on Alibaba Group Holding Ltd.'s Tmall and JD.com Inc.'s platform, amid economic challenges and competition from Huawei. The discounts aim to boost demand as Apple's sales in China saw a 13% drop to $20.8 billion in the quarter ended December. This strategy follows rare price reductions on Apple's website in January and precedes the launch of Huawei's Mate 70 series.

Portfolio Pulse from Rounak Jain

February 29, 2024 | 2:40 pm

BBY

Best Buy has updated its financial outlook for FY25, projecting adjusted EPS to be between $5.75 and $6.20, compared to the estimated $6.13. The company also forecasts revenue to range from $41.3 billion to $42.6 billion, against the estimated $42.37 billion.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 2:40 pm