Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Jason Snipe of Odyssey Capital Advisors named Apollo Global Management, Inc. (NYSE: APO) as his final trade.
On March 8, Apollo Global Management appointed Chris McIntyre as Partner, Global Head of the Institutional Client Group and member of the firm's Leadership Team, effective April 15, 2024.
Stephanie Link of Hightower picked Las Vegas Sands Corp. (NYSE: LVS), adding that Macau is recovering.
On Jan. 24, Las Vegas Sands reported mixed results for its fourth quarter. The company reported quarterly adjusted earnings of 57 cents per share, missing the analyst consensus estimate of 61 cents, a 400% increase over losses of 19 cents per share from the same period last year. Las Vegas Sands reported quarterly sales of $2.92 billion, exceeding the analyst consensus estimate of $2.90 billion, a 160.97% increase over sales of $1.12 billion from the same period last year.
Don’t forget to check out our premarket coverage here
Shannon Saccocia of Boston Private named iShares U.S. Healthcare ETF (NYSE: IYH).
Joseph Terranova of Virtus Investment Partners picked Target Corporation (NYSE: TGT) as his final trade.
On March 5, Target reported better-than-expected fourth-quarter earnings and issued FY24 outlook. The company reported fourth-quarter FY23 revenue growth of 1.7% year-on-year to $31.92 billion, beating the analyst consensus estimate of $31.83 billion.
Comparable sales declined 4.4% in the fourth quarter, reflecting comparable store sales declines of 5.4% and comparable digital sales decline of 0.7%. Adjusted EPS of $2.98 beat the analyst consensus estimate of $2.42.
Price Action:
Apollo Global Management shares fell 2% to close at $108.75 on Friday.
Las Vegas Sands shares rose 0.1% to close at $51.51 during Friday’s session.
iShares U.S. Healthcare ETF fell 0.2% on Friday.
Shares of Target fell 1.1% to close at $169.72 on Friday.
Check This Out: Cramer Says Sprout Social Is In A 'Hot Spot,' But This Energy Stock Is 'Too Down And Out' '
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.