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AMGN

Amgen Inc (NASDAQ:AMGN) has published promising early-stage data on its experimental obesity drug, AMG 133 (maridebart cafraglutide), in Nature Metabolism. The drug demonstrated significant weight loss and an acceptable safety profile in animal and early human trials. A Phase 2 study has completed enrollment, with results expected in late 2024. AMGN shares rose 1.26% to $327.28.

Portfolio Pulse from Vandana Singh

February 05, 2024 | 3:05 pm

HSBC

PNC

PNC Financial Services Group (NYSE:PNC) announced a dividend payout of $1.55 per share with an annualized yield of 4.09%, payable on February 5, 2024, to shareholders of record as of January 16, 2024. The company has shown a positive trend in dividend per share from $4.60 in 2020 to $6.10 in 2023 and an increase in earnings per share from $6.41 to $14.43 over the same period. This indicates a strong financial position and the potential for future dividend increases. HSBC Holdings (NYSE:HSBC) has the highest annualized dividend yield among its peers at 6.73%.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:05 pm

LKFN

NWBI

Lakeland Financial (NASDAQ:LKFN) announced a dividend payout of $0.48 per share with an annualized yield of 3.02%, payable on February 5, 2024, to shareholders of record as of January 24, 2024. The company has shown a positive trend in dividend growth from $1.20 in 2020 to $1.84 in 2023, alongside an increase in earnings per share from $3.19 to $3.50 over the same period. This indicates a healthy financial status and a commitment to increasing shareholder dividends. Northwest Bancshares (NASDAQ:NWBI) is mentioned as having the highest annualized dividend yield among peers at 6.65%.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:05 pm

BRBS

GLBZ

Glen Burnie Bancorp (NASDAQ:GLBZ) maintains a consistent dividend payout of $0.10 per share, resulting in a 6.34% annualized yield. The company has shown steady dividend payments and an upward trend in earnings from 2020 to 2023, indicating a strong financial health. Blue Ridge Bankshares (NYSE:BRBS) has the highest annualized dividend yield among peers at 17.63%.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:05 pm

EGBN

OSBC

Old Second Bancorp (NASDAQ:OSBC) announced a dividend payout of $0.05 per share with an annualized yield of 1.33%, payable on February 5, 2024, to shareholders of record as of January 25, 2024. The company has shown a positive trend in dividend growth from 2020 to 2023 and an increase in earnings per share from $1.16 to $2.16 over the same period. However, it lags behind its industry peers in dividend yield, notably Eagle Bancorp (NASDAQ:EGBN), which boasts a higher yield of 7.37%.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:05 pm

TIAUSD

Cryptocurrency Celestia (TIA) has seen a 3.27% increase in its price over the last 24 hours, reaching $17.87. This is part of a positive trend over the past week, with a 1.0% gain from $17.68. The coin's all-time high is $20.16. Trading volume has decreased by 14% over the past week, while the circulating supply has increased by 1.48% to over 162.30 million. Celestia's market cap ranking is now #34, at $2.91 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:02 pm

OPUSD

Cryptocurrency Optimism (OP) experienced a 3.56% price increase over the past 24 hours, reaching $3.09. This marks a continuation of its positive trend, with a 1.0% gain over the past week from $3.08. The coin's all-time high is $4.23. Optimism's trading volume has risen by 3.0% over the past week, with its circulating supply increasing by 1.41% to 957.38 million, approximately 22.29% of its max supply of 4.29 billion. Currently, OP's market cap ranks #31 at $2.97 billion.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:02 pm

QGEN

Qiagen (NYSE:QGEN) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts expecting an EPS of $0.53. The company's past performance shows a history of beating EPS estimates, which has sometimes led to positive stock price movements. However, Qiagen's shares have declined by 16.63% over the last 52 weeks, indicating potential concern among long-term shareholders. Investors will be particularly attentive to the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:02 pm

VFC

VF Corporation (NYSE:VFC) is scheduled to release its quarterly earnings report on February 6, 2024. Analysts predict an EPS of $0.80. Investors are keen on not just the earnings beat but also the forward guidance. VF's stock price has historically been sensitive to earnings performance and guidance, with a notable 13.96% drop after last quarter's miss. Past quarters show a mixed performance in beating EPS estimates.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:02 pm

CTSH

Cognizant Tech Solns (NASDAQ:CTSH) is scheduled to release its quarterly earnings report on 2024-02-06, with analysts estimating an EPS of $1.04. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 2.02% drop. Shares are currently trading at $77.89, up 14.33% over the last 52 weeks. Investors are looking for positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 3:02 pm