Streetbeat News

Equity Actions

PTLE

PTL Ltd's IPO opened at $4.25 per share, but trading was halted shortly after. This development could impact investor sentiment and the stock's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:50 pm

NCNC

Noco-noco has acquired X-SEPA technology production equipment valued at approximately $9 million. The acquisition was made in exchange for issuing around 90 million new shares at a reference price of $0.10 per share.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:08 pm

MS

Morgan Stanley's CEO announced that the company's approach to stock buybacks will be opportunistic, as stated during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:00 pm

TCS

The Container Store's stock is rising following the announcement of a partnership with Beyond, which includes a $40 million investment through a preferred equity transaction.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:51 am

SCLX

Scilex Holding Company shares rise as the board authorizes management to explore strategic options for Scilex Pharma, including a potential spinoff, public listing, transaction, or dividend.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:04 am

SCLX

Scilex Holding Company is exploring strategic options to maximize the value of Scilex Pharma. These options include a spinoff, public listing of Scilex Pharma securities, potential transactions, or dividends.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:04 am

SCHW

TD

TD Bank Group expects a gain of approximately C$178 million from its investment in Charles Schwab for Q3, as it reduces its stake from 12.3% to 10.1%.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:35 am

ESGX

IYT

JBHT

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) shares surged premarket after reporting Q3 results. Despite a 3% Y/Y revenue decline to $3.07 billion, it beat the consensus of $3.02 billion. EPS of $1.49 also surpassed expectations. The company repurchased $200 million in shares, with $967 million remaining under authorization. Investors can gain exposure via IShares U.S. Transportation ETF (BATS:IYT) and Tuttle Capital Shareholders First Index ETF (BATS:ESGX).

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 10:28 am

BURU

CRKN

Liqueous LP has partnered with Crown Electrokinetics on a $100 million equity line and has updated its financing with Nuburu.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:02 am

WDS

Woodside Energy has announced its decision to delist from the London Stock Exchange, with the last trading day set for November 19. This move may impact its stock trading dynamics.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:42 am