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INTU

Intuit has priced its offering of $4.0 billion aggregate principal amount of senior notes. The offering consists of four different notes due between 2026 and 2053, and is expected to close on September 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:44 am

WKHS

Workhorse Group, Inc. (NASDAQ:WKHS) shares surged in after-hours trading following the announcement that the company has received IRS approval as a qualified Commercial Clean Vehicle Credit manufacturer. This will allow its customers to receive up to a $40,000 credit for deliveries of all Workhorse vehicles in 2023 and beyond.

Portfolio Pulse from Ryan Gustafson

September 12, 2023 | 9:02 pm

WKHS

Workhorse Group Inc. (WKHS) has received approval from the Internal Revenue Service (IRS) for a commercial clean vehicle credit. This could potentially boost the company's sales as it makes their electric vehicles more affordable to customers.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 8:06 pm

ASPS

Altisource Portfolio Solutions S.A. (ASPS) has announced its intention to repay $10 million of its debt. This move is part of the company's ongoing efforts to reduce its overall debt burden.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 7:19 pm

GS

Goldman Sachs CEO, David Solomon, in an interview with Reuters, stated that the chances of a soft landing have increased significantly, although the economic outlook remains uncertain. He also mentioned that the Federal Reserve still has work to do on inflation, which he believes will be more 'sticky' compared to optimistic views.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 5:29 pm

BCS

SPY

Barclays PLC CEO has indicated that the Federal Reserve may increase the interest rate once more, suggesting a soft landing approach. This could impact the financial market and Barclays' operations.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 5:04 pm

DFS

Discover Financial's CFO has stated that the consumer continues to remain strong, indicating a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 3:40 pm

PNC

PNC Financial's CEO has announced that the company is performing better than expected in terms of total deposits.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:43 pm

MMV

MultiMetaVerse Holdings Limited has entered into a debt conversion agreement with Gaea, converting $7,003,834 of debt into 6,309,760 shares at $1.11 per share. Additionally, term sheets have been agreed with PIPE investors, with 4,347,846 shares going to Avatar Group at the same price.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 1:15 pm

BGS

B&G Foods, Inc. (NYSE:BGS) plans to offer $500 million of senior secured notes due 2028, subject to market conditions. The notes will be guaranteed by certain domestic subsidiaries of B&G Foods and secured by a first-priority security interest in certain collateral. The proceeds will be used to redeem a portion of B&G Foods' 5.25% senior notes due 2025 and pay related fees and expenses.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 12:43 pm