Streetbeat News

Equity Actions

BWAQ

Blue World Acquisition Corporation (BWAQ) has extended the deadline for its initial business combination from March 2, 2024, to April 2, 2024. To facilitate this extension, a $60,000 Extension Fee was deposited into the Company's Trust Account. This fee was funded through an unsecured promissory note issued to Blue World Holdings Limited, the sponsor of BWAQ.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:08 pm

BIVI

BioVie's Ne3107 shows promise in improving both motor and non-motor symptoms in Parkinson's disease patients and may also realign physiological processes in Alzheimer's patients. This development could significantly impact the treatment landscape for these conditions.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:05 pm

VANI

Vivani Medical has announced a registered direct offering of common stock and warrants, aiming to raise $15 million. The offering is expected to close around March 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:53 pm

D

Dominion Energy announced the conclusion of its business review and will host an investor meeting today to discuss its multi-year financial and capital investment guidance. This indicates a strategic move to provide transparency and potentially set the stage for future growth.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:44 pm

SHEN

Shenandoah Telecommunications Company (SHEN) has announced its plan to sell its towers for $310 million, with an initial closing expected in March 2024. This strategic move could potentially reshape the company's financial landscape and focus.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 12:02 pm

RPAY

Analyst ratings for Repay Holdings (NASDAQ:RPAY) show a mix of bullish and bearish perspectives with an average 12-month price target of $10.5, indicating a 16.67% increase from the previous target. The company's financial performance includes a revenue growth rate of 3.86% and a net margin of -8.3%, with a debt-to-equity ratio of 0.5.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 12:00 pm

UTZ

In the past three months, Utz Brands (NYSE:UTZ) received 6 analyst ratings ranging from bullish to indifferent. The average 12-month price target for UTZ is now $19.42, up from $18.00, indicating a 7.89% increase. Analysts from firms like Needham, DA Davidson, Mizuho, Piper Sandler, and RBC Capital have adjusted their ratings and price targets, reflecting a generally positive outlook on UTZ's performance. Despite this, UTZ faces challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management compared to industry averages.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 12:00 pm

KMB

Kimberly-Clark (NYSE:KMB) has received mixed analyst ratings over the past three months, with a recent shift towards a more bullish outlook. The average 12-month price target is now $125.00, a slight decrease from the previous $127.50. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting varied perceptions of the company's market position. Kimberly-Clark, known for its personal care and consumer tissue products, shows a positive revenue trend but lags in revenue growth compared to industry peers. Its financials indicate strong profitability and effective cost management, though it faces challenges in efficiently using equity capital.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 12:00 pm

DTIL

Precision BioSciences announced a $40M offering of common stock and warrants, with warrants exercisable immediately at $20.00 per share.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 11:40 am

TNC

Tennant Company (NYSE:TNC) has acquired M&F Management and Financing, the parent company of TCS EMEA, to expand its presence in Eastern Europe and the EMEA region. This strategic move aims to leverage TCS's established network in countries like Romania, Hungary, the Czech Republic, Slovakia, Austria, Switzerland, Poland, and others, as well as in the Middle East and Africa, to enhance Tennant's global sales and service network.

Portfolio Pulse from Nabaparna Bhattacharya

March 01, 2024 | 10:53 am