iShares ESG Screened S&P Mid-Cap ETF (BATS: XJH)

Latest News for iShares ESG Screened S&P Mid-Cap ETF (BATS:XJH)

iShares ESG Screened S&P Mid-Cap ETF

Organovo Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONVO#NASDAQ">ONVO</a>) ("Organovo" or the "Company"), a clinical stage biotechnology company focused on developing novel treatment approaches based on demonstration of clinical promise in three-dimensional (3D) human tissues, today announced the pricing of a public offering consisting of 6,562,500 shares of common stock (or pre-funded warrants in lieu thereof) and common warrants to purchase up to an aggregate of 6,562,500 shares of its common stock, at a combined public offering price per share of common stock and accompanying common warrant to purchase one share of common stock of $0.80 (or $0.799 per share subject to pre-funded warrants and accompanying warrant to purchase one share of common stock). &nbsp;
The common warrants will have an exercise price of&nbsp;$0.80&nbsp;per share, will be immediately exercisable upon issuance and have a term of five years after their original issuance date. The gross proceeds from the offering, before deducting placement agent fees and other offering expenses payable by the Company, are expected to be&nbsp;$5.25 million&nbsp;(excluding any proceeds that may be received upon the exercise of the common warrants). The offering is expected to close on or about&nbsp;May 13, 2024, subject to the satisfaction of customary closing conditions.
JonesTrading Institutional Services LLC ("Jones") is acting as the exclusive placement agent for the offering.

News

Offerings

ONVO

Organovo Holdings, Inc. Announces Pricing Of $5.25M Public Offering Of  6,562,500 Shares Of Common Stock  And Common Warrants At A Combined Price Of $0.80

TBIO

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Equinox Gold (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EQX#AMEX">EQX</a>) reported quarterly losses of $(0.04) per share which missed the analyst consensus estimate of $(0.03) by 33.33 percent. This is a 33.33 percent decrease over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $241.30 million which missed the analyst consensus estimate of $284.00 million by 15.04 percent. This is a 3.08 percent increase over sales of $234.10 million the same period last year.

Earnings

Earnings Misses

Equinox Gold Q1 Adj $(0.04) Misses $(0.03) Estimate, Sales $241.30M Miss $284.00M Estimate

The battle between Donald Trump and President Joe Biden is heating up with six months to go until the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election.</a>
In a recent speech, Biden attacked Trump's comments on making cuts and offered up a suggestion of his own to what could be cut.
What Happened: Election polls <a href="https://www.benzinga.com/general/sports-betting/24/04/38417836/trump-and-biden-get-ready-2024-election-betting-odds-point-to-major-showdown">and betting odds</a> show a close race between Trump and Biden in the 2024 presidential election.
In campaign speeches, both candidates try to appeal to new and undecided voters, which can include tackling single-item issues.
Voters may be worried that Trump could look to cut Social Security and Medicare after <a href="https://www.cnn.com/2024/03/11/politics/trump-entitlements-social-security-medicare/index.html">comments </a>made in March 2024.
Biden attacked this subject in a speech on Monday.
"He says there's a lot we can do in terms of cutting," Biden said in reference to Trump's comments. "I've got one really serious idea of how to cut…a candidate."
Biden delivered the end of his zinger with a chuckle to himself, <a href="https://nypost.com/2024/05/06/us-news/biden-tries-out-zinger-on-cutting-trump-from-24-race-got-one-really-serious-idea/">according </a>to the New York Post.
Related Link: <a href="https://www.benzinga.com/general/politics/24/05/38646992/trump-fined-1-000-for-gag-order-violation-threatened-with-jail-time-again-by-judge-i-will-if-nec">Trump Fined $1,000 For Gag Order Violation, Judge Threatens Jail Time Again: &#8216;Incarceration Is Truly A Last Resort&#8217;</a>
Why It's Important: The joke by Biden points to a potential key issue on voters' minds in the 2024 election.
The joke comes as Trump has accused Biden of orchestrating political interference with multiple trials against the former president. Trump is currently in the middle of<a href="https://www.benzinga.com/general/politics/24/04/38326553/trump-hush-money-trial-has-12-jurors-here-are-the-7-men-5-women-to-decide-former-presidents-fate"> a criminal trial</a> related to alleged falsified business records for hush money paid to adult actress Stormy Daniels.
Trump clarified to Breitbart News that his comments might be taken out of context related to cutting.
"There's so much cutting and so much waste in so many other areas, but I'll never do anything to hurt Social Security," Trump said.
Trump previously attacked Republican presidential candidate and opponent Ron DeSantis, accusing the Florida governor of wanting to cut Social Security and Medicare.
With items like Social Security and Medicare important to a group of voters in the upcoming election, the topic could be mentioned again by Biden. If the two candidates end up on a debate stage for the election, the topics could also be key items to watch. 
Read Next:<a href="https://www.benzinga.com/general/politics/24/04/38305131/elizabeth-warren-says-trump-had-only-2-accomplishments-as-president-huge-difference-between-bide"> Elizabeth Warren Says Trump Had Only 2 Accomplishments As President: &#8216;Huge Difference Between&#8217; Biden, Trump</a>
Photos: by Leonard Zhukovsky and Trevor Bexon on Shutterstock

Health Care

Politics

Biden Accuses Trump Of Wanting To Cut Social Security, Proposes To 'Cut A Candidate'

Golden Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDEN#NASDAQ">GDEN</a>) reported quarterly earnings of $1.37 per share which beat the analyst consensus estimate of $0.26 by 426.92 percent. This is a 260.53 percent increase over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $174.047 million which beat the analyst consensus estimate of $167.763 million by 3.75 percent. This is a 37.40 percent decrease over sales of $278.051 million the same period last year.

Earnings Beats

GDEN

Golden Entertainment Q1 2024 GAAP EPS $1.37 Beats $0.26 Estimate, Sales $174.047M Beat $167.763M Estimate

Adams Resources &amp; Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AE#AMEX">AE</a>) reported quarterly losses of $(0.19) per share which beat the analyst consensus estimate of $(0.33) by 42.42 percent. This is a 75.95 percent increase over losses of $(0.79) per share from the same period last year. The company reported quarterly sales of $661.050 million which beat the analyst consensus estimate of $555.029 million by 19.10 percent. This is a 1.67 percent increase over sales of $650.162 million the same period last year.

Adams Resources & Energy Q1 2024 GAAP EPS $(0.19) Beats $(0.33) Estimate, Sales $661.050M Beat $555.029M Estimate

Reaffirms 2024 Financial Outlook
The Company is reaffirming its financial outlook for the full fiscal year 2024 for revenue and Adjusted EBITDA. For 2024, the Company continues to expect:
<ul>
<li>Net revenue growth of low-to-mid single digit percentage.</li>
<li>Positive Adjusted EBITDA(1) in the low-single digit to mid-single digit millions range.
	&nbsp;</li>
</ul>
We remain confident in our long-term strategy beyond 2024 of 4% to 6% annual revenue growth and continued Adjusted EBITDA margin expansion. Additional information on the Company&#39;s strategic plans can be found in its Investor Presentation on the Company&#39;s Investor Relations website at <a href="https://www.globenewswire.com/Tracker?data=FNbG40jDNY6gUMAedApzuthSlnnpYHV3ucjDH_6Rmv5ccMpq_dcR5sX4M0lCJqzbzJOciWyUPUHgz9CIpdqBOaLSLJaDsN7BkBY3WejdKu8=">http://investors.honest.com</a>.

Guidance

HNST

The Honest Company Reaffirms FY24 Outlook, Sees Net Revenue Growth Of Low-To-Mid Single Digit Percentage; Positive Adj EBITDA In The Low-Single Digit To Mid-Single Digit Millions Range;  Remains Confident In Long-Term Strategy Beyond 2024 Of 4%-6% Annual Revenue Growth And Continued Adjusted EBITDA Margin Expansion

Ramaco Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METCB#NASDAQ">METCB</a>) reported quarterly earnings of $0.23 per share which missed the analyst consensus estimate of $0.55 by 58.18 percent. The company reported quarterly sales of $172.676 million which missed the analyst consensus estimate of $173.611 million by 0.54 percent. This is a 3.80 percent increase over sales of $166.360 million the same period last year.

Ramaco Resources, Inc. - Class B Common Stock

METCB

Ramaco Resources Q1 2024 GAAP EPS $0.23 Misses $0.55 Estimate, Sales $172.676M Miss $173.611M Estimate

Financial Guidance:
Second Quarter 2024 outlook summary:
<ul>
<li>Revenue at least $575 million</li>
<li>Adjusted EBITDA of approximately $223 million</li>
</ul>
We have not provided an outlook for GAAP Net Income or reconciliation of Adjusted EBITDA guidance to Net Income, the closest corresponding U.S. GAAP measure, because Net Income outlook is not available without unreasonable efforts on a forward-looking basis due to the variability and complexity with respect to the charges excluded from these non-GAAP measures; in particular, the measures and effects of our stock-based compensation expense that are directly impacted by unpredictable fluctuations in our share price. We expect the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.

The Trade Desk Sees Q2 Revenue Of At Least $575M Vs $566.63M Est.; Adjusted EBITDA Of ~$223M

2024 Outlook
<ul>
<li>Second quarter 2024 net loss of $53 million to $38 million</li>
<li>Second quarter 2024 Adjusted EBITDA of $60 million to $75 million</li>
</ul>
Commenting on the second quarter outlook, Bozich said, &quot;We are seeing the positive earnings momentum from the end of the first quarter continue into the second quarter, including similar sales and margin levels to start the quarter. I am confident in a significant sequential profitability improvement as the turnaround at Americas Styrenics is behind us, and as we enter the seasonally stronger period for many of our building and construction applications. Additionally, there has been continued tightness in the styrene and MMA markets that is supportive of continued higher margins. We also expect a sequential free cash flow improvement from higher profitability and moderating styrene prices.&quot;
Bozich continued, &quot;As expected, we are seeing the financial benefits of our asset and cost optimization actions that we implemented over the past 18 months, and we continue to evaluate additional actions including the potential closure of the Stade, Germany virgin polycarbonate plant. Finally, while we had more than adequate access to liquidity to end the quarter and we are seeing positive earnings momentum, liquidity preservation remains our top priority.&quot;

Trinseo Sees Q2 2024 Net Loss Of $(53M)-$(38M); Adj EBITDA Of $60M-$75M

Increased 2024 Guidance
<ul>
<li>Completed the acquisition of CSI on April 1, 2024, creating the industry's largest contract compression fleet</li>
<li>Raised full-year 2024 Adjusted EBITDA guidance to a range of $580 to $610 million</li>
<li>Expect to generate Discretionary Cash Flow(1) of between $360 and $390 million in 2024</li>
</ul>
"2024 is off to a strong start marked by steady growth and solid execution in our core contract compression business," stated Mickey McKee, Kodiak's founder and Chief Executive Officer. "Our focus on the Permian and other liquids-rich, associated gas basins allowed us to deliver strong first quarter results despite soft natural gas prices, and we stand to benefit from the coming growth in U.S. natural gas supply to meet demand from LNG projects scheduled to come online in the near term. We're also excited about the evolving prospects for U.S. natural gas demand to support the build-out in data centers to support the increasing adoption of artificial intelligence.
"With the closing of the CSI Compressco acquisition, Kodiak now has the largest contract compression fleet in the industry and a broadened suite of offerings to help our customers meet their compression infrastructure needs. We're pleased to announce revised 2024 guidance reflecting our expectations for the combined company, and we've made great progress towards realizing the significant synergies we see in the combination. Our capital allocation strategy remains focused on disciplined growth in our compression fleet combined with an attractive return of capital to investors through our dividend."

Kodiak Gas Services Increases FY24 EBITDA Guidance To A Range Of $580M-$610M

Nutex Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUTX#NASDAQ">NUTX</a>) reported quarterly losses of $(0.01) per share. This is a 93.33 percent increase over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $67.45 million which beat the analyst consensus estimate of $64.80 million by 4.10 percent. This is a 19.75 percent increase over sales of $56.33 million the same period last year.

NUTX

Nutex Health Q1 EPS $(0.01) Up From $(0.15) YoY, Sales $67.45M Beat $64.80M Estimate

McEwen Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUX#NYSE">MUX</a>) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.10) by 50 percent. This is a 64.29 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $41.23 million which missed the analyst consensus estimate of $54.83 million by 24.81 percent. This is a 18.63 percent increase over sales of $34.75 million the same period last year.

McEwen Mining Q1 Adj $(0.05) Beats $(0.10) Estimate, Sales $41.23M Miss $54.83M Estimate

Oculis Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCS#NASDAQ">OCS</a>) reported quarterly losses of $(0.50) per share which missed the analyst consensus estimate of $(0.41) by 21.95 percent. The company reported quarterly sales of $254.06 thousand which missed the analyst consensus estimate of $280.00 thousand by 9.26 percent.

Oculis Holding Q1 EPS $(0.50) Misses $(0.41) Estimate, Sales $254.06K Miss $280.00K Estimate

Ziff Davis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZD#NASDAQ">ZD</a>) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $1.15 by 10.43 percent. This is a 15.45 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $314.485 million which beat the analyst consensus estimate of $313.145 million by 0.43 percent. This is a 2.39 percent increase over sales of $307.142 million the same period last year.

Ziff Davis Q1 2024 Adj EPS $1.27 Beats $1.15 Estimate, Sales $314.485M Beat $313.145M Estimate

Ready Capital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RC#NYSE">RC</a>) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.26 by 11.54 percent. This is a 3.33 percent decrease over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $48.549 million which missed the analyst consensus estimate of $81.638 million by 40.53 percent. This is a 14.98 percent decrease over sales of $57.100 million the same period last year.

Ready Capital Q1 2024 Adj EPS $0.29 Beats $0.26 Estimate, Sales $48.549M Miss $81.638M Estimate

Business Outlook
"Given our backlog, we're in a position to generate more than $5.0 million in product revenue in the second quarter," added Mr. Gudonis. "We're making progress on our capacity expansion plans, hiring approximately 20 people during the first quarter. We have the opportunity to generate between $28 million and $30 million in revenue in 2024, presuming that we meet our hiring goals and that there are no supply chain or other unexpected disruptions. We expect to have a better line of sight into this forecast by the time we report our second quarter financial results. We continue to believe that reaching operating cash flow breakeven on a quarterly basis by the fourth quarter of 2024 is achievable."

Myomo Says Given Our Backlog, We're In A Position To Generate More Than $5M In Product Revenue In Q2 Vs $5.12M Est; Says Have The Opportunity To Generate Between $28M-$30M In Revenue In FY24 Vs 26.67M Est.

Outlook for the Fourth Quarter 2024 ("Q4 2024") and Full Fiscal Year 2024 ("FY 2024")
Lease expenses which were previously excluded from the calculation of Group Adjusted EBITDA have now been included in the calculation. This change is in response to comments received from the staff of the SEC in March 2024 regarding our non-GAAP financial reporting. Comparative information has been adjusted to conform with the updated presentation.
While we report our financial results in USD, we measure our operating performance in ZAR, and as such we provide our guidance accordingly.
We re-affirm our revenue outlook for FY 2024. We expect:
<ul>
<li>Revenue between ZAR 10.7 billion and ZAR 11.7 billion. &nbsp;</li>
</ul>
We raise&#x2A; our Group Adjusted EBITDA outlook for FY 2024. We expect:
<ul>
<li>Group Adjusted EBITDA between ZAR 685 million and ZAR 705 million. &nbsp;</li>
</ul>
Our outlook provided does not include the impact of the acquisition of Touchsides or any mergers and acquisitions that we conclude.

LSAK

Lesaka Technologies Reaffirms FY24 Revenue Of ZAR 10.7 Billion - ZAR 11.7 Billion

Movie industry experts expect a <a href="https://www.benzinga.com/general/entertainment/23/12/36317408/global-box-office-2024-to-decline-5-in-2023-bad-news-for-amc-cinemark" target="_blank" rel="noreferrer noopener">weak box office in 2024</a>. 
And yet, the boards of major studios decided to reward their CEOs handsomely, according to <a href="https://variety.com/lists/ceo-pay-2023-media-salaries/netflix-11/">Variety</a>.
The domestic box office collected roughly $8.6 billion in 2023 (COVID-19-era 2021-2022 saw a combined total of $12 billion). It was a year <a href="https://www.benzinga.com/news/large-cap/23/04/31958602/disney-to-cut-thousands-of-jobs-in-ongoing-restructuring-effort-while-paying-top-salaries-for-tech">marked by mass layoffs</a> and <a href="https://www.benzinga.com/general/entertainment/23/12/36417207/hollywood-strike-was-brutal-for-fall-2023-broadcast-viewership-the-golden-bachelor-helps-ab">two massive Hollywood strikes</a>, which AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) CEO Adam Aron called &#8220;<a href="https://www.benzinga.com/general/entertainment/24/04/38184776/amc-ceo-says-bankruptcy-is-inconceivable-as-shares-hit-52-week-lows-2025-2026-are-going-to-">a double whammy</a>.&#8221;
But, as director Kevin Smith once said, "In Hollywood, you just kind of fail upwards." Read on for who failed the best. 
<h1 class="wp-block-heading">Disney CEO Bob Iger</h1>
Iger, 73, <a href="https://www.cnn.com/2024/01/16/business/bob-iger-disney-pay/index.html">made</a> $31.6 million in 2023. That&#8217;s a 110.7% spike from 2022.
Variety pointed out the median employee compensation at Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) is $54,010.
If the salary bump doesn&#8217;t make you throw a Donald Duck-like tantrum, consider the year Iger had:
<ul>
<li>Disney made <a href="https://variety.com/2023/tv/news/disney-layoffs-end-7000-1235629809/">7,000</a> job cuts in 2023</li>
<li>Its stock hit a <a href="https://www.benzinga.com/general/entertainment/23/08/34059947/disneys-stock-woes-igers-revival-strategies-face-investor-scrutiny-amid-decade-low-shares" target="_blank" rel="noreferrer noopener">10-year low</a></li>
<li>Iger received <a href="https://www.benzinga.com/general/entertainment/23/07/33223259/benzinga-buzz-jack-nicholson-hollywood-the-big-whamola-plus-the-nanny-rips-iger-a-new-one">a verbal smackdown</a> from SAG-AFTRA head Fran Drescher</li>
<li>He found himself in a <a href="https://www.benzinga.com/news/24/02/37136578/nelson-peltz-throws-cold-water-on-disney-as-proxy-battle-heats-up-very-little-meat-on-the-bones">highly publicized proxy fight</a> with Nelson Peltz</li>
</ul>
Positives: Disney revenues for 2023 grew 7% compared to the prior year.
<h1 class="wp-block-heading">Warner Bros. Discovery CEO David Zaslav</h1>
Zaslav, 64, received <a href="https://www.benzinga.com/markets/equities/24/04/38338904/warner-bros-discovery-ceos-pay-soars-in-2023-amid-industry-challenges">over $49 million in 2023</a> — a 26.5% jump from 2022. 
The median employee compensation at Warner Bros. Discovery Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) is $171,163.
<ul>
<li>Per Variety, the Warner board praised Zaslav for "inclusive leadership" (all the company&#8217;s executive officers are men). </li>
<li>This compensation uptick occurred despite Warner Bros.&#8217; significant <a href="https://fortune.com/2023/11/30/david-zaslav-warner-bros-discovery-layoffs-forced-never-restructured-worst-day/">layoffs</a></li>
<li>Zaslav, who <a href="https://www.benzinga.com/news/23/04/31718622/democrats-push-doj-to-investigate-warner-bros-discovery-merger-say-deal-is-responsible-for-hollowing">canceled multiple studio projects</a> (i.e. &#8220;Batgirl&#8221; and &#8220;Coyote vs. Acme&#8221;) was booed off the stage at the <a href="https://www.benzinga.com/general/entertainment/23/05/32509299/pay-your-writers-students-protest-against-warner-bros-discovery-ceo-at-boston-university">2023 Boston University commencement</a>. </li>
<li>The stock plummeted 60.3% in 2022 and rose 20% during 2023 — but hit an all-time low in the first quarter of 2024.</li>
<li>Chris Licht was fired as CNN chief executive after a short, <a href="https://www.benzinga.com/news/large-cap/23/06/32757853/cable-giant-cnn-ceo-chris-licht-bows-out-after-turbulent-tenure">extremely turbulent time</a>. </li>
</ul>
Positives: Warner Bros. managed to exceed cash flow projections by $1 billion in 2023, primarily due to cost-saving measures. And Zaslav, who <a href="https://deadline.com/2024/05/warner-bros-discovery-ceo-david-zaslav-nba-paramount-global-executive-pay-1235906074/">says</a> pay should align with stock performance, did manage to pay down $6.6 billion in debt accrued from the 2022 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36349274/paramount-warner-bros-discovery-merger-is-not-the-answer-analysts-highlight-deal-po">merger of WarnerMedia and Discovery</a>. Debt currently stands at $41.9 billion.
Now Read: <a href="https://www.benzinga.com/news/24/05/38635067/elon-musk-says-robert-de-niro-is-so-out-of-touch-its-insane-after-legendary-actor-compares-trump-to">After Robert De Niro Compares Trump To Hitler, Elon Musk Calls &#8216;Godfather&#8217; Actor &#8216;Out Of Touch&#8217;</a>
Photo: Unsplash

Entertainment

Management

Media

Hollywood's Horrible Year? Not For CEOs: Disney's Bob Iger, Warner Bros.' David Zaslav Enjoy Huge Paydays

Second Quarter 2024 Outlook
For the second quarter of 2024, the Company expects revenue of $860 million, plus or minus $40 million, Adjusted EBITDA of $197 million, plus or minus $23 million, and Non-GAAP net earnings per diluted share of $0.93, plus or minus $0.26.