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AMZN

IRBT

Amazon (AMZN) and iRobot (IRBT) have mutually agreed to terminate their acquisition deal due to the inability to secure approval from European Union regulators. The decision indicates that both companies see no clear path forward to satisfy the regulatory concerns that have been raised.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:34 pm

BMRC

Bank of Marin (NASDAQ:BMRC) reported Q4 adjusted EPS of $0.30, missing the consensus estimate of $0.32, and sales of $24.26M, also below the estimate of $25.33M. These figures represent a significant decrease from the same period last year, with earnings down 62.96% and sales down 27.29%.

Portfolio Pulse from totan@benzinga.com

January 29, 2024 | 1:32 pm

BEN

Franklin Resources (NYSE:BEN) reported Q1 adjusted earnings per share (EPS) of $0.65, surpassing the consensus estimate of $0.57 by 14.04%. Year-over-year, this represents a 27.45% increase from $0.51 EPS. Quarterly sales reached $1.99 billion, exceeding estimates of $1.52 billion by 31.25% and marking a 1.22% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:31 pm

WFC

Wells Fargo (NYSE:WFC) has seen a 3.66% increase in short interest since its last report, with 30.72 million shares sold short, representing 0.85% of its float. The short interest is higher than the peer group average of 0.81%. While this indicates more bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:30 pm

AMAM

Ambrx Biopharma (NYSE:AMAM) has seen a significant decrease in short interest, with a 67.62% drop since the last report. The current short interest is 1.74 million shares, or 2.93% of float, with a short-covering time of 1.0 days. This decline in short interest may indicate a more bullish sentiment among investors compared to the peer group average of 12.14% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:30 pm

LLY

Eli Lilly (NYSE:LLY) has seen a decrease in short interest, with the short percent of float dropping 3.12% since the last report. The company has 4.89 million shares sold short, which is 0.62% of available shares, with a cover time of 1.47 days based on trading volume. This decline in short interest may indicate a more bullish sentiment towards LLY compared to its peers, which have an average short interest of 3.81% of float.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:30 pm

SUZ

Suzano shares are trading lower following the announcement of a reduction of shares and a new share buyback program.

Portfolio Pulse from Luke J Jacobi

January 29, 2024 | 1:27 pm

NWFL

Norwood Financial reported a significant decrease in its Q4 earnings per share (EPS), with a drop from $0.88 in the previous year to $0.04 this year.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:27 pm

PARA

Rosenblatt analyst Barton Crockett has reiterated a Sell rating on Paramount Global (NASDAQ:PARA) and maintained a $12 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:26 pm

AMIX

Autonomix Medical, a company focused on developing technology for the nervous system, has begun trading on NASDAQ under the ticker 'AMIX'. The company is initially targeting the pancreatic cancer market, which is worth multiple billions of dollars.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 1:23 pm