Latest News for NexOptic Technology Stock (OTC:NXOPF)

NexOptic Technology Corp engages in the investment and development of technologies relating to imagery and light concentration for lens and image capture-based systems. The company's technology includes Aliis; Doubletake and Mobile Lens.

NEXOPTIC TECHNOLOGY CORP by NexOptic Technology Corp

NexOptic Technology Corp

Scotiabank analyst Patrick Colville initiates coverage on Rapid7 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPD#NASDAQ">RPD</a>) with a Sector Perform rating and announces Price Target of $46.

News

Price Target

Initiation

Analyst Ratings

Scotiabank Initiates Coverage On Rapid7 with Sector Perform Rating, Announces Price Target of $46

WIIM

AVTR

Avantor shares are trading lower after the company reported worse-than-expected Q1 sales results and reiterated FY24 guidance.

The BMP kit runs on Bio-Techne&#39;s Ella&trade;, a benchtop automated immunoassay platform leveraging Bio-Techne&#39;s R&amp;D Systems branded reagents to deliver accurate, reliable, and highly reproducible data in less than 90 minutes. Ella&#39;s microfluidic-based cartridges with separate channels enable precision multiplexing in a hands-free system, making it ideal for diagnostic clinical use. Novomol-Dx relied on a proprietary algorithm to develop the normative data, disease-associated data, and AI-based predictive algorithms for ocular surface and retinal conditions. The complete solution is branded as BioM-Pathfinder. The novel applications for the BMP kit are in Dry Eye Disease, Diabetic Retinopathy and patient stratification or monitoring associated with ocular surgeries and treatments.&nbsp;

Health Care

Contracts

General

TECH

Bio-Techne And Novomol-Dx Have Announced The Development Of Bio-marker Pathfinder, An Ocular Biomarker Kit, As A Point-Of-Care Application

Southwest Airlines Co&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) may reconsider its traditional open seating policy, opting for assigned seats and premium options to attract younger travelers.
The potential change, marking a departure from its historic model, is under serious consideration. CEO Bob Jordan hinted at the airline&#8217;s evolving approach, emphasizing the importance of understanding and meeting customer expectations, reported&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2024-04-25/southwest-air-is-considering-ditching-unassigned-seating?srnd=industries-v2&amp;sref=TBDibEcD" rel="noreferrer noopener">Bloomberg</a>.
This significant shift could be the most substantial adjustment since the airline&#8217;s inception in 1971.
The airline&#8217;s executives have been evaluating evolving passenger preferences, acknowledging the industry&#8217;s shift towards premium offerings, the report read.
However, they&#8217;ve maintained a cautious&nbsp;approach,&nbsp;awaiting confirmation of sustained trends.&nbsp;An official decision on seating arrangements, along with other strategic initiatives like red-eye flights, is anticipated at an investor day event in September, the report added.
In its earnings report yesterday, the company revealed its decision to close its operations at Bellingham International Airport, Cozumel International Airport,&nbsp;Houston&#8217;s&nbsp;George Bush Intercontinental Airport, and Syracuse Hancock International Airport.&nbsp;
Related:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38435109/southwest-airlines-record-passenger-numbers-overshadowed-by-q1-earnings-slump-and-boeing-setbacks" rel="noreferrer noopener">Southwest Airlines&#8217; Record Passenger Numbers Overshadowed By Q1 Earnings Slump And Boeing Setbacks</a>
Chief Commercial Officer Ryan Green highlighted Southwest&#8217;s historical aversion to altering its no-frills approach but acknowledged incremental changes over time.
Despite its initial resistance, the airline has embraced technology enhancements and expanded sales channels beyond its website.
With current flights often operating at&nbsp;full&nbsp;capacity, Southwest recognizes the need to address evolving customer expectations.
The potential shift in seating policy is under scrutiny, with careful consideration of its operational impact and alignment with customer preferences.
&#8220;There&#8217;s no decision,&#8221; Jordan affirmed, emphasizing the importance of data-driven insights to determine the best&nbsp;course of&nbsp;action.
Southwest Airlines stock lost over 11% in the last 12 months.&nbsp;Investors can gain exposure to the stock via&nbsp;U.S. Global Jets ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) and&nbsp;IShares U.S. Transportation ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>).
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/04/38412947/airline-passenger-rights-elevated-biden-administration-enforces-refund-rule" rel="noreferrer noopener">Airline Passenger Rights Elevated: Biden Administration Enforces Refund Rule</a>
Price Action: LUV shares closed lower by 6.96% at $27.26 on Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image by Around the World Photos via Shutterstock

Equities

Media

iShares Dow Jones Transportation Average Index Fund

JETS

Southwest Airlines May Ditch 'Open Seating' To Make More Money From 'Premium Seating' Options

Scotiabank analyst Patrick Colville initiates coverage on Qualys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLYS#NASDAQ">QLYS</a>) with a Sector Perform rating and announces Price Target of $172.

QLYS

Scotiabank Initiates Coverage On Qualys with Sector Perform Rating, Announces Price Target of $172

SATS

EchoStar Corporation Says Unit  Hughes Network Systems Opens New Manufacturing Facility And Private 5G Incubation Center In Germantown, Maryland, To Boost Local Talent

Evercore ISI Group analyst Kirk Materne maintains Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) with a Outperform and raises the price target from $475 to $485.

MSFT

Evercore ISI Group Maintains Outperform on Microsoft, Raises Price Target to $485

Needham analyst Scott Berg reiterates SPS Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) with a Buy and maintains $205 price target.

Reiteration

SPSC

Needham Reiterates Buy on SPS Commerce, Maintains $205 Price Target

Earnings

Guidance

Newell Brands Reaffirms 2024 Normalized EPS Of $0.52-$0.62 Versus Consensus Of $0.57

Newell Brands Reaffirms 2024 Sales Decline Of 8%-5%, With Core Sales To Fall Between 6% to 3%

Newell Brands Forecasts Q2 Normalized EPS Of $0.18-$0.21 Versus Consensus Of $0.25

Newell Brands Forecasts Q2 Sales Decline Of 9%-7%, With Core Sales To Fall Between 6% to 4%

SLCA

U.S. Silica Stockholders Will Receive $15.50 Per Share In Cash For Each Share They Owned, Representing 18.7% Premium To Closing Share Price As On April 25, 2024

<ul>
<li>First quarter&nbsp;total residential and small and medium business (&quot;SMB&quot;) Internet customers decreased by 72,000. As of&nbsp;March 31, 2024, Charter served a total of 30.5 million residential and SMB Internet customers.</li>
<li>First quarter&nbsp;total residential and SMB mobile lines increased by 486,000. As of&nbsp;March 31, 2024, Charter served a total of 8.3 million mobile lines.</li>
<li>As of&nbsp;March 31, 2024, Charter had a total of 32.0 million residential and SMB customer relationships, excluding mobile-only relationships.</li>
</ul>

CHTR

As of March 31, 2024, Charter Communications Served 30.5M Residential and SMB Internet Customers, 8.3M Mobile Lines

TROW

T. Rowe Price shares are trading higher following better-than-expected Q1 financial results.

Interactive Strength &nbsp;announced that it had converted $3.0 million of the Company's $8.0 million senior loan to equity and extended the maturity of the remaining loan balance to December 2024.

TRNR

Interactive Strength Says It Strengthened Balance Sheet By Partially Converting Senior Loan To Equity And Extending Maturity; Company Reduced Liability Of Senior Loan by Converting $3.0M To Equity

Stellar Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEL#NYSE">STEL</a>) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.48 by 2.08 percent. This is a 30 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $108.414 million which beat the analyst consensus estimate of $107.136 million by 1.19 percent. This is a 12.09 percent decrease over sales of $123.325 million the same period last year.

Earnings Beats

STEL

Stellar Bancorp Q1 2024 GAAP EPS $0.49 Beats $0.48 Estimate, Sales $108.414M Beat $107.136M Estimate

T. Rowe Price Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>) reported quarterly earnings of $2.38 per share which beat the analyst consensus estimate of $2.04 by 16.67 percent. The company reported quarterly sales of $1.750 billion which beat the analyst consensus estimate of $1.715 billion by 2.06 percent. This is a 13.78 percent increase over sales of $1.538 billion the same period last year.

T. Rowe Price Gr Q1 2024 Adj EPS $2.38 Beats $2.04 Estimate, Net Revenues $1.750B Beat $1.715B Estimate

Constantino will also continue to support XP in an advisory role for a 12-month period after the transition and will remain a member of XP&#39;s Board of Directors. In addition, current Head of Investor Relations Andr&eacute; Parize, who has been named Chief Investor Relations Officer, effective August 1, 2024, will report to Mr. Mansur.

Management

XP Names Victor Mansur As CFO Effective August 1, 2024, Succeeding Bruno Constantino

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates Praxis Precision Medicine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRAX#NASDAQ">PRAX</a>) with a Buy and maintains $105 price target.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Latest News for NexOptic Technology Stock (OTC:NXOPF)

Tuesday, March 24, 2020

Thursday, November 14, 2019

Tuesday, August 20, 2019

Tuesday, August 06, 2019