Streetbeat News

Stock Prices

RCUS

Arcus Biosciences (NYSE:RCUS) has been evaluated by 4 analysts over the last three months, showing a shift towards a more cautious stance with a decrease in the average 12-month price target from $43.50 to $34.5, indicating a 20.69% decrease. The company, a clinical-stage biopharmaceutical firm focusing on cancer immunotherapies, faces revenue challenges with a -3.03% decline as of September 30, 2023, but maintains a strong market presence through its market capitalization and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

JBL

Jabil (NYSE:JBL) has significantly outperformed the market over the past decade, with an average annual return of 21.85%, turning a $1000 investment into $7,369.26 today. The company's market capitalization stands at $17.79 billion, highlighting the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 2:00 pm

PWR

Quanta Services shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:59 pm

TCOM

Trip.Com's shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:58 pm

TNC

Tennant Company aims for a 2%-4% organic net sales growth in 2024, with an equal contribution from price and volume growth.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:58 pm

ROG

Rogers Corporation (NYSE:ROG) announced the signing of a lease for a new factory in Monterrey, Mexico, aimed at supporting the growing demand for EV/HEV and renewable energy in North America. The facility, focusing on advanced busbar manufacturing and engineering services, is expected to be completed in late 2024. This expansion is part of Rogers' strategy to support customers regionally and is anticipated to enhance technical collaboration, local prototyping, and supply capabilities, thereby reducing lead times and improving service levels.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:58 pm

GFI

Gold Fields shares are trading lower following the announcement of their fiscal year 2023 results.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:57 pm

TNC

Tennant (NYSE:TNC) reported Q4 adjusted EPS of $1.92, surpassing the $1.25 estimate, and sales of $311.40M, exceeding the $309.97M estimate. This represents a 31.51% increase in earnings and a 7.01% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:57 pm

TS

Tenaris shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:57 pm

CMLS

Cumulus Media Inc. (NASDAQ:CMLS) has implemented a limited-duration shareholder rights plan, effective immediately until February 20, 2025, in response to Renew Group Private Ltd.'s significant stock accumulation. The plan aims to protect shareholder interests and ensure fair treatment in potential takeovers, following Renew Group's intent to acquire 20% of Cumulus Media. The board, with advisors, decided this was necessary to prevent control without a fair premium to shareholders.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:55 pm