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CBWTF

Auxly Cannabis Group Inc. (OTCQB:CBWTF) reported a 42% increase in net revenues for Q3 2023, amounting to CA$28.2 million. The company swung to a net profit of CA$32.6 million from a net loss of CA$60.1 million in the same period last year. Adjusted EBITDA was positive at CA$117,000, and selling, general, and administrative expenses decreased by CA$1.5 million. CEO Hugo Alves attributed the improved results to operational focus, cost reduction, and improved profitability measures.

Portfolio Pulse from Jelena Martinovic

November 14, 2023 | 12:11 am

CDP

COPT Defense Properties has announced the appointment of Britt A. Snider as the new Chief Operating Officer (COO), effective December 1, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 11:01 pm

OCN

Z

ZG

PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE:OCN), has entered into a mortgage subservicing agreement with Zillow Home Loans, expanding their existing relationship. The initial onboarding of loans was completed in August 2023. This partnership aligns with PHH's strategy to grow its subservicing portfolio and reinforces its position as a leading subservicer. PHH has been recognized for servicing excellence by Freddie Mac, Fannie Mae, and HUD, highlighting its industry standing.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:42 pm

THRX

Theseus Pharmaceuticals, Inc. (NASDAQ:THRX) announced a significant workforce reduction of approximately 72% as part of a strategic process to maximize shareholder value. This process may include the sale of company assets, a sale of the company, a merger, or other strategic actions. Despite the reduction, the company reported having $225.4 million in cash, cash equivalents, and marketable securities as of September 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:33 pm

FNA

Paragon 28, Inc. (NYSE:FNA) has announced the expansion of its mobile lab training program with the addition of a second mobile medical education lab. This expansion will enhance the company's ability to provide on-site training and education to foot and ankle surgeons. The new 40-foot lab can accommodate up to 25 surgeons and is equipped with a 5 station cadaveric training facility. Over 70 training sessions are planned across approximately 65 US cities in Q4 2023. Since its launch in July 2022, the program has trained over 350 surgeons and has been integral in showcasing Paragon 28's product portfolio in forefoot, HAV, and hindfoot market segments.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:29 pm

EXPR

Express Inc's CFO, Jason Judd, has resigned effective November 17, as per an SEC filing on November 6.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:26 pm

WELL

Welltower has released a business update, providing insights into its current operations and financial health. The update includes information on occupancy rates, revenue trends, and strategic initiatives. Investors are likely to scrutinize this update for signs of growth potential or concerns that may affect Welltower's stock performance.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:25 pm

THRX

Theseus Pharmaceuticals has announced that it is exploring strategic alternatives to enhance shareholder value. This process could include a sale, merger, divestiture, or other business combination. The company has not set a definitive timeline for this process and has not made any decisions related to strategic alternatives at this time. There is also no assurance that this process will result in any specific action.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:24 pm

AERT

Aeries Technology has appointed Rajeev Nair as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:22 pm

NUVB

Nuvation Bio Inc. announced the resignation of CFO Jennifer Fox, effective November 27, 2023. Fox is leaving to gain experience with later stage development and commercial launches. The company's executive management and finance team will cover her duties. CEO David Hung expressed gratitude for Fox's contributions to the company.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 10:19 pm