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Spirit Airlines' stock is trading lower following JetBlue's notification that conditions for their planned merger may not be met by the specified dates, suggesting the merger could be terminated after January 28.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:27 pm

AMSC

Roth MKM analyst Justin Clare has maintained a Buy rating on American Superconductor (NASDAQ:AMSC) and increased the price target from $10 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:27 pm

CL

Colgate-Palmolive Company (NYSE:CL) surpassed Q4 FY23 sales expectations with a 7% increase to $4.95 billion and achieved a non-GAAP EPS of $0.87, beating estimates of $0.80. Gross profit margins rose by 400 basis points to 59.6%. The company plans to increase brand investment in 2024 after a 19% rise in advertising spending in 2023. Colgate holds a 41.1% global market share in toothpaste and 31.5% in manual toothbrushes. The FY24 outlook anticipates 1%-4% net sales growth and 3%-5% organic sales growth, with a forecast for gross profit margin expansion and mid to high-single-digit EPS growth. CL shares rose 2.05% to $82.89.

Portfolio Pulse from Nabaparna Bhattacharya

January 26, 2024 | 3:26 pm

VERA

Vera Therapeutics' stock price increased following the release of positive data from its Phase 2b ORIGIN clinical trial. Additionally, Raymond James upgraded Vera Therapeutics to Strong Buy.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:25 pm

OLN

Olin Corporation's stock (OLN) is trading higher following the announcement of their fourth-quarter financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:24 pm

GNTX

Gentex Corporation's stock is trading higher following the announcement of their Q4 financial results, which exceeded expectations. The company also provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:23 pm

TBBK

The Bancorp, Inc. (TBBK) shares have risen following the announcement of Q4 sales results that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:23 pm

FFIN

First Financial shares have risen following the announcement of their Q4 financial results, indicating a positive reception from investors.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:22 pm

HUM

Humana shares are experiencing a rebound after a decline that followed the company's Q4 earnings report released on Thursday.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:22 pm

NSC

Norfolk Southern Corp. reported mixed financial results for Q4, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 3:21 pm