iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ: SUSB)

Latest news for iShares ESG Aware 1-5 Year USD Corporate Bond ETF (NASDAQ:SUSB)

iShares ESG Aware 1-5 Year USD Corporate Bond ETF

The Fund seeks to track the investment results of the Bloomberg MSCI US Corporate 1-5 Year ESG Focus Index (the Underlying Index), which has been developed by Bloomberg Finance L.P. and its affiliates (the Index Provider or Bloomberg) with environmental, social and governance (ESG) rating inputs from MSCI ESG Research LLC (MSCI ESG Research) pursuant to an agreement between MSCI ESG Research and Bloomberg Index Services Limited, a subsidiary of Bloomberg. 

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SUSC

BlackRock Bolsters Bond ETF Roster With ESG, Smart Beta Funds

Martin Marietta Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLM#NYSE">MLM</a>) reported quarterly earnings of $4.79 per share which beat the analyst consensus estimate of $4.59 by 4.36 percent. This is a 3.46 percent increase over earnings of $4.63 per share from the same period last year. The company reported quarterly sales of $1.63 billion which missed the analyst consensus estimate of $1.65 billion by 1.04 percent. This is a 1.49 percent increase over sales of $1.61 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Martin Marietta Materials Q4 2024 GAAP EPS $4.79 Beats $4.59 Estimate, Sales $1.63B Miss $1.65B Estimate

<ul>
<li>Full year 2025 financial guidance: Non-GAAP diluted EPS expected between $15.25 and $16.25.</li>
<li>Expect full year 2025 total revenue to decline by a mid-single digit percentage at constant currency versus full year 2024</li>
</ul>

Biotech

Large Cap

Guidance

Health Care

General

BIIB

Biogen Forecasts FY2025 Adjusted EPS Of $15.25-$16.25 Versus Consensus Of $16.34

Needham analyst Scott Berg reiterates OneStream (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OS#NASDAQ">OS</a>) with a Buy and maintains $38 price target.

Price Target

Reiteration

Analyst Ratings

Needham Reiterates Buy on OneStream, Maintains $38 Price Target

Morgan Stanley analyst Joseph Moore upgrades NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) from Equal-Weight to Overweight and raises the price target from $231 to $257.

Upgrades

NXPI

Morgan Stanley Upgrades NXP Semiconductors to Overweight, Raises Price Target to $257

NEUP

Trading Halt: Halted at 6:55:00 a.m. ET - Trading Halt: Halt News Pending

Biogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIIB#NASDAQ">BIIB</a>) reported quarterly earnings of $3.44 per share which beat the analyst consensus estimate of $3.35 by 2.69 percent. This is a 16.61 percent increase over earnings of $2.95 per share from the same period last year. The company reported quarterly sales of $2.46 billion which beat the analyst consensus estimate of $2.40 billion by 2.17 percent. This is a 2.89 percent increase over sales of $2.39 billion the same period last year.

Biogen Q4 2024 Adj EPS $3.44 Beats $3.35 Estimate, Sales $2.46B Beat $2.40B Estimate

Exelon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXC#NASDAQ">EXC</a>) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.59 by 8.47 percent. This is a 6.67 percent increase over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $5.471 billion which beat the analyst consensus estimate of $4.742 billion by 15.37 percent. This is a 1.92 percent increase over sales of $5.368 billion the same period last year.

Exelon Q4 2024 Adj. EPS $0.64 Beats $0.59 Estimate, Sales $5.471B Beat $4.742B Estimate

Buybacks

PINE

Alpine Income Property Announced Today That Its Board Of Directors Approved A New Common Stock Repurchase Program Of $10M

WIIM

Blackline shares are trading lower after the company reported worse-than-epxected Q4 adjusted EPS results and issued Q1 and FY25 guidance below estimates.

BIDU

Baidu shares are trading higher on reports indicating the company will release its Ernie 5 AI model in the second half of this year.

HC Wainwright &amp; Co. analyst Amit Dayal reiterates Orion Energy Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OESX#NASDAQ">OESX</a>) with a Buy and maintains $3 price target.

OESX

HC Wainwright & Co. Reiterates Buy on Orion Energy Sys, Maintains $3 Price Target

Exelon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXC#NASDAQ">EXC</a>) is looking for FY2025 Adj EPS of $2.64-$2.74 vs $2.63 analyst estimate..

Exelon Sees FY2025 Adj EPS $2.64-$2.74 vs $2.63 Est

Exelon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXC#NASDAQ">EXC</a>) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.59 by 8.47 percent. This is a 6.67 percent increase over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $5.47 billion which beat the analyst consensus estimate of $4.74 billion by 15.37 percent. This is a 1.92 percent increase over sales of $5.37 billion the same period last year.

Exelon Q4 Adj EPS $0.64 Beats $0.59 Estimate, Sales $5.47B Beat $4.74B Estimate

On Tuesday, February 11, U.S. markets closed mixed, with gains in Coca-Cola and Apple countering Tesla&#8217;s decline. Fed Chair Powell signaled no urgency for rate cuts, citing a strong economy. Investors monitored potential new tariffs after Trump raised steel and aluminum levies. Heightened uncertainty points to increased market volatility.
Related: <a target="_blank" href="https://www.benzinga.com/news/global/25/02/43636959/tesla-stock-is-tumbling-tuesday-whats-driving-the-action" rel="noreferrer noopener">Tesla Stock Is Tumbling Tuesday: What&#8217;s Driving The Action?</a>
In economic data, The NFIB Small Business Optimism Index dropped to 102.8 in January, down from 105.1 in the prior month and falling short of the projected 104.6.
Most S&amp;P 500 sectors rose Tuesday, led by consumer staples, energy, and real estate, while consumer discretionary and health care declined.
The Dow Jones Industrial Average was up 0.28% and closed at 44,593.65, the S&amp;P 500 closed higher by 0.03% at 6,068.50, while the Nasdaq Composite slid 0.36% to finish at 19,643.86.
Aisa Markets Today
<ul>
<li>On Wednesday, Japan&#8217;s Nikkei 225 closed higher by 0.47%, ending the session at 38,984.50, led by gains in the Shipbuilding, Paper &amp; Pulp, and Non-Metal Minerals sectors.</li>
<li>Australia&#8217;s S&amp;P/ASX 200 rose 0.60% to 8,535.30, led by gains in the Industrials, Financials and Consumer Staples sectors.</li>
<li>India&#8217;s Nifty 50 closed lower by 0.06% at 23,057.80, and the Nifty 500 slid 0.16%, closing at 20,917.65. The losses were led by the Real Estate, Auto, and Fast-Moving Consumer Goods sectors.</li>
<li>China&#8217;s Shanghai Composite gained 0.8% and closed at 3,346.39, and Shanghai Shenzhen CSI 300 was up 0.95% at 3,919.86                 .</li>
<li>Hong Kong&#8217;s Hang Seng closed the session higher by 2.64% at 21,857.92.</li>
</ul>
Eurozone at 05:30 AM ET
<ul>
<li>The European STOXX 50 was up 0.13%.</li>
<li>Germany&#8217;s DAX gained 0.25%.</li>
<li>France&#8217;s CAC rose 0.14%.</li>
<li>U.K.&#8217;s FTSE 100 index traded higher by 0.04%</li>
</ul>
Commodities at 05:30 AM ET
<ul>
<li>Crude Oil WTI was trading lower by 1.16% at $72.45/bbl, and Brent was down 0.99% at $76.25/bbl.</li>
<li>Crude oil prices declined as rising U.S. stockpiles and hawkish comments from the Federal Reserve signaled slower rate cuts, weighing on sentiment. Concerns over demand and economic uncertainty persisted while the Energy Information Administration raised its U.S. production forecast.</li>
<li>Natural Gas declined 0.85% to $3.492.</li>
<li>Gold was trading lower by 0.84% at $2,908.29, Silver was down 0.45% to $32.170, and Copper slid 0.07% to $4.5977.</li>
</ul>
U.S. Futures at 05:30 AM ET
Dow futures were down 0.17%, S&amp;P 500 futures declined 0.15% and Nasdaq 100 futures fell 0.07%.
Forex at 05:30 AM ET
<ul>
<li>The U.S. Dollar Index gained 0.05% to 107.98, USD/JPY was up 0.78% to 153.64, and USD/AUD rose 0.28% to 1.5932.</li>
<li>The dollar held steady as traders awaited U.S. inflation data, with Powell&#8217;s hawkish stance lifting Treasury yields. Yen weakened, while tariff concerns and market uncertainty influenced currency movements and rate cut expectations.</li>
</ul>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/25/02/43631776/apple-teams-up-with-alibaba-for-ai-innovation-in-china-submits-ai-features-for-regulatory-approval" target="_blank" rel="noreferrer noopener">Apple&#8217;s AI Split: Chooses Alibaba For China And OpenAI For Everyone Else</a></li>
</ul>
Photo by Pavel Bobrovskiy via Shutterstock

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ADIV

AGOV

ASHR

BBEU

BOIL

CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

EEMA

FLAX

CurrencyShares British Pound Sterling Trust

IEMG

IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

KDIV

SPEM

USDU

PowerShares DB US Dollar Index Bullish Fund

Asia Ex-India And Europe Markets Advance, Gold Retreats From All Time High - Global Markets Today While US Slept

ACRS

Aclaris Therapeutics Announced The Availability Of A New Publication Describing The Unique Properties Of Aclaris Therapeutics' ATI-2138, A Novel Investigational Covalent Inhibitor Of Interleukin-2-inducible T Cell Kinase And Janus Kinase 3 In Development For The Treatment Of Autoimmune And Inflammatory Diseases

Restaurant Brands International shares are trading higher following better-than-expected Q4 financial results.

Sonic Automotive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAH#NYSE">SAH</a>) reported quarterly earnings of $1.67 per share which beat the analyst consensus estimate of $1.48 by 12.84 percent. This is a 2.45 percent increase over earnings of $1.63 per share from the same period last year. The company reported quarterly sales of $3.90 billion which beat the analyst consensus estimate of $3.61 billion by 7.86 percent. This is a 8.65 percent increase over sales of $3.58 billion the same period last year.

Sonic Automotive Q4 EPS $1.67 Beats $1.48 Estimate, Sales $3.90B Beat $3.61B Estimate

GILD

Gilead Sciences shares are trading higher after the company reported better-than-expected Q4 financial results and issued FY25 adjusted EPS guidance above estimates.

2025 Outlook1
Tenet's Outlook for full year 2025 (consolidated and by segment) follows.
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">CONSOLIDATED ($ in millions, except per share amounts)</td>
<td colspan="1" rowspan="1">FY 2025 Outlook</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net operating revenues</td>
<td colspan="1" rowspan="1">$20,600 to $21,000</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net income available to Tenet common stockholders</td>
<td colspan="1" rowspan="1">$1,040 to $1,185</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA</td>
<td colspan="1" rowspan="1">$3,975 to $4,175</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA margin</td>
<td colspan="1" rowspan="1">19.3% to 19.9%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Diluted income per common share</td>
<td colspan="1" rowspan="1">$10.95 to $12.47</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted net income</td>
<td colspan="1" rowspan="1">$1,115 to $1,220</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted diluted earnings per share</td>
<td colspan="1" rowspan="1">$11.74 to $12.84</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Equity in earnings of unconsolidated affiliates</td>
<td colspan="1" rowspan="1">$265 to $275</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Depreciation and amortization</td>
<td colspan="1" rowspan="1">$805 to $835</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Interest expense</td>
<td colspan="1" rowspan="1">$795 to $805</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Income tax expense5</td>
<td colspan="1" rowspan="1">$420 to $465</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net income available to NCI</td>
<td colspan="1" rowspan="1">$910 to $960</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Weighted average diluted common shares</td>
<td colspan="1" rowspan="1">~95 million</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net cash provided by operating activities</td>
<td colspan="1" rowspan="1">$2,500 to $2,850</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted net cash provided by operating activities</td>
<td colspan="1" rowspan="1">$2,600 to $2,900</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Capital expenditures</td>
<td colspan="1" rowspan="1">$700 to $800</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Free cash flow</td>
<td colspan="1" rowspan="1">$1,800 to $2,050</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted free cash flow</td>
<td colspan="1" rowspan="1">$1,900 to $2,100</td>
</tr>
<tr>
<td colspan="1" rowspan="1">NCI cash distributions</td>
<td colspan="1" rowspan="1">$750 to $800</td>
</tr>
</tbody>
</table>
</figure><figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Ambulatory Segment($ in millions)</td>
<td colspan="1" rowspan="1">FY 2025 Outlook</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net operating revenues</td>
<td colspan="1" rowspan="1">$4,850 to $5,000</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA</td>
<td colspan="1" rowspan="1">$1,915 to $1,985</td>
</tr>
<tr>
<td colspan="1" rowspan="1">NCI</td>
<td colspan="1" rowspan="1">$760 to $790</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA less NCI</td>
<td colspan="1" rowspan="1">$1,155 to $1,195</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Changes versus prior year6:</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Same-facility system-wide revenue</td>
<td colspan="1" rowspan="1">Up 3.0% to 6.0%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Hospital Segment ($ in millions)</td>
<td colspan="1" rowspan="1">FY 2025 Outlook</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Net operating revenues</td>
<td colspan="1" rowspan="1">$15,750 to $16,000</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted EBITDA</td>
<td colspan="1" rowspan="1">$2,060 to $2,190</td>
</tr>
<tr>
<td colspan="1" rowspan="1">NCI</td>
<td colspan="1" rowspan="1">$150 to $170</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Changes versus prior year6:</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Inpatient admissions</td>
<td colspan="1" rowspan="1">Up 2.0% to 3.0%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted admissions</td>
<td colspan="1" rowspan="1">Up 2.0% to 3.0%</td>
</tr>
</tbody>
</table>
</figure>

Tenet Healthcare Forecasts FY2025 Net Operating Revenues Of $20.6B-$21B Versus Consensus Of $21.28B, With Adjusted EPS Of $11.74-$12.84 Versus Consensus Of $11.53

Pitney Bowes shares are trading higher after the company reported better-than-expected Q4 earnings and revenue and issued FY25 EPS guidance above estimates.

iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETF

BlackRock Inc. (NYSE:<a class="ticker" href="/stock/BLK#NYSE">BLK</a>), parent company of iShares, the world&#39;s largest issuer of exchange-traded funds, bolstered its fixed-income footprint Thursday with the debut of four new bond funds. Two of those new products are smart beta funds while the other pair focus on environmental, social and governance principles.
Two of the new ETFs, the iShares Edge High Yield Defensive Bond ETF (BATS: HYDB) and the iShares Edge Investment Grade Enhanced Bond ETF (BATS: IGEB), track indexes developed in-house by BlackRock marking the first time the issuer has used its own benchmarks on its ETFs.
<p&ldquo;Both ETFs take a smart beta approach to corporate bond investing, blending two rewarded and diversifying fixed income factors &mdash; quality and value &mdash; that seeks to mitigate risk while providing enhanced returns. HYDB seeks to be more defensive overall than the broad high yield corporate market and IGEB offers the potential for a higher yield than the broad investment grade corporate market,&rdquo; said BlackRock in a statement.
<h3>Inside The Smart Beta Funds</h3>
IGEB, the investment-grade corporate bond ETF, tracks the BlackRock Investment Grade Enhanced Bond Index and holds 222 bonds. That new ETF has an effective duration of 7.44 years and an average yield of almost 3.5 percent, <a href="https://www.ishares.com/us/products/288302/?referrer=tickerSearch">according to issuer data</a>. Nearly all of the new ETF&#39;s holdings are rated A or BBB.
HYDB, the high-yield member of the duo, follows the BlackRock High Yield Defensive Bond Index and holds 123 junk bonds. The effective duration on that new ETF is just over four years and the average yield is 5.7 percent. Over 82 percent of the new ETF&#39;s holdings are rated BB or B.
<h3>The New ESG ETFs</h3>
The new ESG bond funds from iShares are the iShares ESG 1-5 Year USD Corporate Bond ETF (NASDAQ:<a class="ticker" href="/stock/SUSB#NASDAQ">SUSB</a>) and the iShares ESG USD Corporate Bond ETF (NASDAQ:<a class="ticker" href="/stock/SUSC#NASDAQ">SUSC</a>).
The iShares ESG USD Corporate Bond ETF tracks the Bloomberg Barclays MSCI US Corporate ESG Focus Index and holds 173 bonds. That ETF has an effective duration of 7.25 years and an average yield of almost 3.1 percent, <a href="https://www.ishares.com/us/products/288488/?referrer=tickerSearch">according to issuer data</a>.
The iShares ESG 1-5 Year USD Corporate Bond ETF follows the Bloomberg Barclays MSCI US Corporate 1-5 Year ESG Focus Index and holds 84 bonds. The ETF is a shorter-term fund with an effective duration of 2.73 years and an average yield of almost 2.2 percent. Nearly all of SUSC&#39;s holdings are rated AA, A or BBB.
Both of the new ESG ETFs charge 0.12 percent per year, or $12 on a $10,000 investment. HYDB charges 0.35 percent annually while the expense ratio on IGEB is 0.18 percet.
Related Links:
<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/07/9771048/lower-fees-for-these-unique-currency-hedged-etfs">Lower Fees For These ETFs</a>
<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/07/9766256/an-etf-for-the-fang-group-arrives">A FANG ETF Arrives</a>

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iShares ESG Aware 1-5 Year USD Corporate Bond ETF

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