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MT

ArcelorMittal (MT) expects its FY23 capital expenditure to be around the mid-point of the previously communicated guidance range of $4.5B-$5B. The company also anticipates delivering an additional $1.3B of normalized EBITDA. ArcelorMittal remains positive on the medium/long-term steel demand outlook and continues to focus on safety and executing its growth strategy.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:01 am

AMGDF

LCID

The Saudi wealth fund, Public Investment Fund (PIF), has increased its stake in British luxury carmaker Aston Martin (OTC:AMGDF) to 20.5%, according to a recent regulatory filing. This move comes after Aston Martin's disappointing quarterly results. The newly acquired shares were granted to PIF-controlled Lucid Group (NASDAQ:LCID), which also revealed a 3.44% stake in Aston Martin.

Portfolio Pulse from Benzinga Neuro

November 09, 2023 | 4:41 am

GTBIF

Green Thumb Industries Inc. reported Q3 2023 financial results, with a net income of $11 million and total revenue of $275.4 million, up 5.4% YoY. The revenue increase was primarily driven by increased sales in Maryland following the legalization of adult-use cannabis. The company also reported an adjusted EBITDA of $83 million and repurchased $25 million worth of shares during the quarter.

Portfolio Pulse from Joana Scopel

November 09, 2023 | 1:54 am

WLDS

Wearable Devices Ltd. (NASDAQ:WLDS) has announced its intention to offer its securities in a firm commitment underwritten public offering. The net proceeds from this offering will be used for working capital. The company also expects to grant Aegis Capital Corp. a 45-day option to purchase additional ordinary shares of up to 15% of the number of ordinary shares sold in the offering to cover over-allotments.

Portfolio Pulse from Charles Gross

November 08, 2023 | 10:59 pm

XRTX

XORTX Therapeutics Inc. has announced a 1-for-9 share consolidation, reducing the number of issued and outstanding shares from 17,989,687 to approximately 1,998,854. The consolidation has been approved by the TSX Venture Exchange and will be effective from November 9, 2023. The shares will continue to trade on the TSXV and the Nasdaq Capital Market under the symbol 'XRTX'.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:54 pm

AGBA

AGBA Group Holding Limited has entered into term sheets for a private placement offering amounting to $6.2 million. The purchase price of the Share Placement will be $0.70 per ordinary share of the Company and associated warrants. The Share Placement is expected to fuel the company's expansion and accelerate its path to profitability. It will also enhance the company's financial flexibility and enable it to pursue strategic acquisitions to strengthen its market position.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:53 pm

LZ

LegalZoom.com, Inc. (NASDAQ:LZ) announced a secondary offering of 15,099,993 shares of its common stock by LucasZoom, LLC, an affiliate of investment funds advised by Permira Advisers LLC. LegalZoom is not offering any shares and will not receive any proceeds from this sale.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:50 pm

ACIW

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, is set to join the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:36 pm

CNM

Core & Main, a leading distributor of water, wastewater, storm drain and fire protection products, is set to join the S&P MidCap 400 index.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:36 pm

GHBWF

GLASF

Glass House Brands Inc. has appointed Yelena Katchko, a renowned cannabis law attorney, to its Board of Directors. Katchko, a founding partner at Katchko, Vitiello & Karikomi, PC, has a strong track record in cannabis law and has been instrumental in shaping cannabis regulations in Los Angeles and California. Her appointment is expected to add significant value to Glass House as the company continues to grow.

Portfolio Pulse from Joana Scopel

November 08, 2023 | 10:34 pm