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Equity Actions

LWAY

Lifeway Foods shareholders Ludmila and Edward Smolyansky have demanded the resignation of the company's board and CEO.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:47 am

SAI

SAI.TECH Global shares are trading higher following the company's Board authorization of a buyback of up to $1 million and up to 1 million shares.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:26 am

LUXH

LuxUrban Hotels announced that the underwriter of its underwritten public offering has exercised its over-allotment option in full to purchase an additional 4.5 million shares at the public offering price of $0.17 per share.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:21 am

LICY

Li-Cycle has appointed Craig Cunningham as the new CFO, effective July 20, 2024. This leadership change is expected to influence the company's financial strategy and operations.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:05 am

DPZ

Domino's Pizza Inc (NYSE:DPZ) reported worse-than-expected Q2 revenue, leading to a 10.2% drop in its stock price. The company saw a 7.1% sales growth to $1.097 billion, missing the $1.103 billion estimate. Despite a 4.8% increase in U.S. same-store sales and a 2.1% increase internationally, the company suspended its 1,100+ global net store outlook. EPS of $4.03 beat the $3.66 estimate. Domino's declared a $1.51 per share quarterly dividend and repurchased $25 million in shares.

Portfolio Pulse from Shivani Kumaresan

July 18, 2024 | 10:56 am

DHI

D.R. Horton has approved a new share repurchase authorization totaling $4 billion.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:42 am

BGNE

Beigene has appointed Aaron Rosenberg as Chief Financial Officer, effective July 22, succeeding Julia Wang, who is departing to pursue external opportunities. Wang will stay with the company through August to support the transition.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:40 am

TCRT

Alaunos Therapeutics announced a 1-for-10 reverse stock split, effective July 18.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:01 am

ARKK

Cathie Wood, CEO of ARK Invest, warns of a potential deflationary cycle due to falling commodity prices and a flattening yield curve. She suggests that the economy is slipping into a recession and that significant easing by the Federal Reserve is needed. Wood's ARK Innovation ETF (NYSE: ARKK) is shifting its strategy to favor small-cap stocks over large-cap tech companies.

Portfolio Pulse from Benzinga Neuro

July 18, 2024 | 8:26 am

TWFG

TWFG Insurance has priced its initial public offering (IPO) of 11 million common shares at $17 per share, aiming to raise gross proceeds of $187 million.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 5:00 am