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CSX

CSX shares declined after the company reported Q3 earnings that fell short of analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:48 am

SNA

Snap-on Inc. has announced its projected capital expenditures for 2024, estimating around $100 million. This investment indicates the company's commitment to growth and development.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:34 am

IIIN

Insteel Industries reported Q4 2024 earnings per share of $0.24, missing the analyst estimate of $0.48 by 50%. Sales were $134.304M, below the $145.201M estimate and down 14.74% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:32 am

GENE

Trading for a certain asset has been halted at 6:31:41 a.m. ET due to pending news. This could indicate significant upcoming information that may impact the asset's price.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:31 am

MS

SPY

USO

U.S. markets closed higher with the Dow Jones hitting a record high, driven by strong earnings from Morgan Stanley. Most sectors on the S&P 500 ended higher, with utilities, financials, and real estate stocks leading the gains. Crude oil prices remained steady amid Middle East developments.

Portfolio Pulse from Akanksha Bakshi

October 17, 2024 | 10:25 am

META

Meta Platforms Inc. has confirmed layoffs across Instagram, WhatsApp, and Reality Labs as part of a strategic resource reallocation. This move aligns with Meta's 'Year of Efficiency' initiative, aiming for more efficient operations. The layoffs come amid ongoing lawsuits and past workforce reductions.

Portfolio Pulse from Ananya Gairola

October 17, 2024 | 10:17 am

WNS

WNS (Holdings) has revised its FY2025 financial guidance, lowering its adjusted EPS from $4.42-4.68 to $4.13-4.35, which is below the analyst estimate of $4.51. Additionally, the company has reduced its sales outlook from $1.29 billion-1.35 billion to $1.25 billion-1.30 billion, also below the $1.31 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:11 am

TFC

Truist Financial (NYSE:TFC) reported Q3 earnings of $0.97 per share, surpassing the $0.91 estimate, and sales of $5.14 billion, exceeding the $5.09 billion estimate. Despite beating estimates, sales decreased by 10.28% compared to last year.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:06 am

TCBI

Texas Capital Bancshares reported a significant miss in both earnings and sales for Q3 2024, with EPS at $(1.41) and sales at $125.331 million, both falling short of analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:06 am

LXEH

Lixiang Education has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 10:04 am