Streetbeat News

Stock Prices

CAT

CMI

FTV

ITT

ITW

LECO

NPO

PH

PNR

SWK

TEX

WWD

Shares of machine companies are trading higher due to trader optimism that the Federal Reserve will cut interest rates.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:34 pm

ALL

Allstate (NYSE:ALL) has outperformed the market over the past 15 years with an average annual return of 13.57%, resulting in a $1000 investment growing to $6,848.46. The company currently has a market capitalization of $44.61 billion.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 5:34 pm

UAL

United Airlines Holdings (NASDAQ:UAL) has outperformed the market over the past 15 years with an average annual return of 19.14%, significantly higher than the market average. A $1000 investment in UAL 15 years ago would be worth $12,490.59 today.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 5:34 pm

SMG

Scotts Miracle-Gro's U.S. Consumer Business is focusing on growth opportunities at emerging touchpoints and expects $150 million in supply chain cost savings over the next three years. The company aims for an average annual net sales growth of 3% from fiscal 2025 through fiscal 2027.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:32 pm

AMAT

Deep-pocketed investors have shown significant interest in Applied Materials (NASDAQ:AMAT) through unusual options activity, with a mix of bullish and bearish sentiments. The trading activity suggests a price target range of $135.0 to $280.0. Analysts maintain a positive outlook with price targets ranging from $275 to $300.

Portfolio Pulse from Benzinga Insights

July 16, 2024 | 5:32 pm

RIVN

Rivian Automotive Inc (NASDAQ:RIVN) shares are trading slightly higher by 1.4% to $17.75, rebounding after Monday's weakness. The stock is gaining due to expectations of a Federal Reserve rate cut in September, which could boost growth stocks like Rivian by reducing borrowing costs and increasing consumer spending on large purchases such as electric vehicles.

Portfolio Pulse from Henry Khederian

July 16, 2024 | 5:31 pm

CSX

NSC

UNP

Shares of railroad companies are trading higher amid possible optimism that the Federal Reserve will cut interest rates.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:30 pm

TSN

Tyson Foods Inc (NYSE:TSN) CFO John R. Tyson has pleaded not guilty to charges of driving while intoxicated and careless driving. Tyson, who was suspended following his June arrest, is negotiating a settlement with prosecutors. His trial is scheduled for August 28. Despite previous incidents, Tyson Foods' board had expressed confidence in his role. Curt Calaway is currently serving as interim CFO.

Portfolio Pulse from Shivani Kumaresan

July 16, 2024 | 5:29 pm

SMG

Trading of Scotts Miracle-Gro (SMG) has been halted due to pending news. Investors are advised to stay alert for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:25 pm

NTWK

NETSOL Technologies shares are trading higher after the company announced it signed a $16 million agreement with an automaker.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 5:23 pm