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AMR

Alpha Metallurgical Resources has disclosed its preliminary sales volumes and realizations for Q3. The company has also lowered its FY23 metallurgical coal shipment guidance to 14.8M-15.2M tons from 15.0M-16.0M tons.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 11:34 am

HRL

Hormel Foods plans to accelerate investment, transformation, and modernization initiatives over the next three years. The company aims for meaningful earnings growth and a return to its historical earnings trajectory.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 11:33 am

DOGEUSD

Billy Markus, co-creator of Dogecoin, expressed concerns about the funding and productivity of the meme cryptocurrency's development. He highlighted the challenge of funding Dogecoin’s development in the absence of a premine or presale typical of other cryptocurrencies. He noted that the community had donated a total of approximately $40,000 over ten years, with the majority of contributions occurring within the first six months. Markus also expressed his thoughts on the state of the Dogecoin community, stating that the Dogecoin community has been “dead” for more than a year.

Portfolio Pulse from Mehab Qureshi

October 12, 2023 | 11:33 am

BLRX

BioLineRx Ltd. (NASDAQ:BLRX) has closed an exclusive license agreement with Guangzhou Gloria Biosciences Co., Ltd. for the development of motixafortide in Asia. The agreement includes a $15 million upfront payment, up to $50 million in potential development and regulatory milestones in China and Japan, and up to $200 million in potential commercial milestones. Additionally, a $14.6 million equity investment was made in BioLineRx through the purchase of newly issued American Depositary Shares.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 11:05 am

DAL

Delta Air Lines has updated its FY23 EPS guidance, now expecting an adjusted EPS of $6.00 - $6.25, compared to the previous range of $6-$7 and a consensus of $6.04. The company also forecasts total revenue growth of approximately 20% and an operating margin of around 11.5%.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:36 am

LLAP

A group of co-founders and investors in Terran Orbital have sent a letter to the board outlining immediate actions required to protect and maximize stockholder value.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:13 am

DWAC

Digital World Acquisition Corp. (DWAC) has received termination notices from PIPE investors representing approximately $191.5 million. This, along with previously reported terminations, means that around $467 million of the PIPE has been cancelled.

Portfolio Pulse from Charles Gross

October 12, 2023 | 10:12 am

DPZ

Domino's Pizza (DPZ) has announced that it will host an Investor Day on December 7, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:11 am

SUI

Sun Communities Inc (SUI) has divested approximately 10.25% interest in Ingenia Communities Group, selling about 41.8 million shares for a minimum net proceeds of $100 million. The company had extended its joint venture partnership with Ingenia in August 2023 for another seven years. SUI's Q3 2023 results are expected on October 25, 2023.

Portfolio Pulse from Lekha Gupta

October 12, 2023 | 10:04 am

LAZY

Lazydays Holdings, Inc. (LAZY) has updated the terms of its rights offering and announced expected pricing for up to $100 million. The company has not provided specific details about the changes in the terms.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:03 am