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BWXT

BWX Technologies has provided its 2024 guidance, forecasting an adjusted EPS of $3.05-$3.20, closely aligning with the estimated $3.09. Additionally, the company anticipates an adjusted EBITDA of approximately $500 million.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 10:18 pm

CDE

HL

STLD

XPL

Coeur Mining Inc. (CDE) announced a private placement of flow-through shares for exploration at Silvertip Property. Solitario Resources Corp. (XPL) discovered high-grade gold at its Golden Crest Project. Hecla Mining Company (HL) appointed Mark P. Board as a Director. Steel Dynamics, Inc. (STLD) increased its quarterly cash dividend by 8%. These developments highlight significant operational and financial activities within the mining and steel sectors.

Portfolio Pulse from Austin DeNoce

February 27, 2024 | 10:04 pm

BROS

Dutch Bros Inc. announced the launch of a secondary public offering of 8 million shares of Class A common stock, sold by stockholders associated with TSG Consumer Partners, L.P. This offering does not involve the issuance of new shares by Dutch Bros, but rather the sale of existing shares by TSG Consumer Partners.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:59 pm

VKTX

Viking Therapeutics has announced a proposed public offering of common stock valued at $350 million. This move is aimed at raising capital, potentially for further research, development, and expansion of its operations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:58 pm

EBAY

EBay Inc (NASDAQ:EBAY) reported Q4 earnings with revenue and EPS beating estimates, and provided strong guidance for Q1. The company announced a cash dividend and a $2 billion stock repurchase program, highlighting a 'fortress' balance sheet. Shares rose 4.08% after hours.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 9:51 pm

CIVI

Civitas Resources' shares increased following mixed Q4 financial results and a share repurchase agreement with NGP. The company's performance and strategic buyback plan indicate a positive outlook.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:42 pm

XP

XP Inc has announced a new share repurchase program, authorizing the repurchase of up to 2.5 million shares. This move is aimed at returning value to shareholders and reflects the company's confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:31 pm

BRK

Ruth Gottesman, widow of David Gottesman, a former Berkshire Hathaway Inc. director and Warren Buffett's colleague, has donated $1 billion to the Albert Einstein College of Medicine. This donation, funded by a portfolio of Berkshire Hathaway stock left to her by her late husband, aims to provide free tuition for medical students. It's one of the largest charitable donations to a U.S. school and possibly the largest to a medical school ever. Berkshire Hathaway's shares have significantly outperformed the broader market over the past decades.

Portfolio Pulse from Chris Katje

February 27, 2024 | 9:28 pm

CIVI

Civitas Resources, Inc. has executed an agreement to repurchase approximately 876,000 shares from NGP at a price of $64.54 per share. This move indicates a strong buyback strategy by Civitas, reflecting confidence in its own stock value and financial health.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:21 pm

EBAY

eBay's board has authorized an additional $2 billion stock repurchase program, signaling confidence in the company's financial health and future prospects. This move is likely to be viewed positively by investors as it often indicates a company's belief that its stock is undervalued.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 9:10 pm