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EPD

Enterprise Prods Partners (NYSE:EPD) reported Q4 earnings, beating estimates with an EPS of $0.72 against the expected $0.68, marking a 5.88% beat. Revenue increased by $972 million from the previous year. Despite a miss in the last quarter's EPS leading to a slight share price drop, the company has shown improvement in its latest earnings report.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:20 pm

ING

ING Groep shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 2:19 pm

ETSY

Activist investor Elliott has reportedly acquired a 13% interest in Etsy, indicating a significant stake in the online marketplace.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 2:18 pm

CTVA

Corteva's stock price increased following the announcement of its Q4 financial results, which exceeded expectations. Additionally, the company provided guidance for 2024 and revealed a $1 billion stock repurchase plan.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 2:18 pm

CRBP

Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP) announced a public offering of 4.325 million shares at $19.00 each to raise approximately $82.2 million. The funds are intended for clinical development and general corporate purposes. This follows recent positive clinical study results of CRB-701, which led to a significant stock price increase. However, CRBP shares are currently down 1.02% at $26.22 in premarket trading.

Portfolio Pulse from Vandana Singh

February 01, 2024 | 2:18 pm

PBF

SHEL

USO

A shipment of 10,000 barrels of Russian oil entered the U.S. through a loophole, despite sanctions, and was processed by PBF Energy in Delaware. Oil prices were influenced by Federal Reserve comments and global production data. Shell reported strong Q4 earnings, with other oil majors set to report soon. The United States Oil Fund saw a price adjustment in response to these developments.

Portfolio Pulse from Neil Dennis

February 01, 2024 | 2:17 pm

AROW

Arrow Financial (NASDAQ:AROW) reported Q4 earnings with an EPS of $0.46, missing the estimate of $0.47 by 2.13%. Revenue decreased by $4.65 million from the same period last year. In the previous quarter, AROW beat the EPS estimate which led to a 9.57% increase in share price the following day.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:15 pm

ETSY

PINS

Etsy Inc (NASDAQ:ETSY) shares surged after announcing Marc Steinberg of Elliott Investment Management's appointment to its board. Steinberg, known for his investments in technology and media, joins Etsy's board and audit committee, signaling potential for significant value creation. Etsy's unique e-commerce model and community engagement are highlighted as strengths. The article also compares Etsy's financial metrics with competitors, noting its earnings growth and valuation.

Portfolio Pulse from Adam Eckert

February 01, 2024 | 2:07 pm

LFST

Hindenburg Research has issued a report on LifeStance Health Group (LFST) and announced a short position on the stock. This move by Hindenburg is likely to influence investor sentiment and the stock's performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 2:05 pm

SNDR

Schneider National (NYSE:SNDR) reported Q4 earnings with an EPS of $0.16, missing estimates by 20% and showing a revenue decline of $190M from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a slight share price drop after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:05 pm