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ACON

Aclarion has announced the completion of recent financing transactions, which have effectively reduced its debt and increased its available cash. This strategic financial maneuver is aimed at strengthening the company's balance sheet and enhancing its financial flexibility for future operations and investments.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:03 pm

TGT

Target's (NYSE:TGT) short interest has decreased to 1.78% of its float, lower than the peer group average of 4.17%. This decline in short interest, from 8.21 million shares, suggests a more bullish sentiment among investors. It now takes traders approximately 2.43 days to cover their short positions, indicating a potential shift in market sentiment towards Target.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 1:00 pm

SSNC

SS&C Techs Hldgs (NYSE:SSNC) has seen a 10% decrease in short percent of float since its last report, with 2.04 million shares sold short, representing 1.08% of available shares. The short interest decline suggests a more bullish sentiment among investors towards SSNC, contrasting with the peer group average short interest of 4.04%. This change in market sentiment could influence SSNC's stock performance in the short term.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 1:00 pm

RILY

B. Riley Financial (NYSE:RILY) has seen a decrease in short interest, now at 57.91% of float, down 4.42% since the last report. With 10.57 million shares sold short, it would take about 10.62 days to cover all short positions. This change in short interest could indicate a shift in market sentiment towards RILY, potentially impacting its stock price in the short term. Compared to its peers, RILY has a significantly higher short interest, suggesting unique market or operational challenges.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 1:00 pm

ADVM

Adverum Biotechnologies has entered into an agreement for a private placement of approximately 106.25 million shares at $1.20 per share, resulting in gross proceeds of about $127.5 million. This capital infusion is expected to extend the company's operating runway into late 2025.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:48 pm

POST

Post Holdings has announced its intention to initiate a private offering of $875 million in aggregate principal amount of senior secured notes due in 2032. This move is aimed at raising capital, possibly for debt refinancing, investments, or operational expansion.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:41 pm

TSN

Tyson Foods (TSN) forecasts fiscal 2024 revenue to be flat year-over-year, with adjusted operating income projected between $1.0 billion and $1.5 billion. Capital expenditures are expected to range from $1.0 billion to $1.5 billion, focusing on profit improvement, maintenance, capacity expansion, and innovation. Net interest expense is anticipated to be around $400 million, while liquidity is expected to stay above $1.0 billion.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:33 pm

MARA

Marathon Digital announced updates for January 2024, including the closure of the Generate Capital Acquisition, a new agreement with Hut8 for full control of new sites by April 30, a 7% increase in energized hash rate to 26.4 EH/s, and total holdings of 15,741 BTC and $1.0B in cash and BTC as of January 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:23 pm

BAM

Brookfield Asset Management successfully raised $10 billion during the first closing of its second Brookfield Global Transition Fund, aimed at investments supporting the global transition to a net-zero economy.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:20 pm

AMG

AMG has completed its investment in Ara Partners, a private markets firm that specializes in industrial decarbonization. This move is aimed at enhancing AMG's exposure to secular growth areas.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:02 pm