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Equity Actions

EXPI

Calgary's top realtor Justin Havre and his team have left RE/MAX Canada to join eXp Realty. The team, known as the '4 Billion Dollar Team' due to their sales volume since 2016, sees this move as a strategic step towards shaping the future of Canadian real estate in the digital world.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:56 am

PAPL

Pineapple Financial has priced its initial public offering (IPO) of 875,000 common shares at $4 per share. The shares are expected to start trading on the NYSE American Exchange on November 1, 2023, under the ticker symbol 'PAPL'.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 6:30 am

AMGN

CAT

CVS

KHC

MCK

QCOM

The CNN Money Fear and Greed index remained in the 'Fear' zone on Tuesday, indicating a cautious market sentiment. U.S. stocks closed higher ahead of the Federal Reserve's monetary policy decision. Over 78% of the 279 S&P 500 companies that have released quarterly results so far have exceeded market estimates. Caterpillar Inc. and Amgen Inc. shares fell after reporting Q3 results. Investors are awaiting earnings results from The Kraft Heinz Company, CVS Health Corporation, McKesson Corporation, and QUALCOMM Incorporated.

Portfolio Pulse from Lisa Levin

November 01, 2023 | 6:11 am

META

Billionaire investor Bill Ackman has urged social media platforms, including Elon Musk's X (formerly Twitter), Mark Zuckerberg's Instagram and Facebook, and ByteDance-owned TikTok, to address divisive algorithms that amplify hate. Ackman suggested that these platforms should work towards finding a common ground and that TikTok, which he accused of manipulating public opinion, should probably be banned. The EU's regulatory bodies have been monitoring content on X and Meta Platforms Inc.'s platforms that might incite violence.

Portfolio Pulse from Ananya Gairola

November 01, 2023 | 4:42 am

BMY

Bristol Myers Squibb (NYSE:BMY) has announced Christopher Boerner as their new Chair of the Board of Directors and CEO. Boerner will take over as Chair in April 2024 and as CEO from November 1. He succeeds Giovanni Caforio, who is retiring after 23 years of service. The company recently reported its Q3 2023 financial results, with revenues of $11 billion and GAAP EPS of $0.93. However, U.S. revenues fell 4% due to lower sales of Revlimid.

Portfolio Pulse from Benzinga Neuro

November 01, 2023 | 1:09 am

FLJ

FLJ Group has announced the sale of its long-term apartment rental business. The company has entered into an equity transfer agreement to sell all of its equity interest in its wholly-owned subsidiary Haoju (Shanghai) Artificial Intelligence Technology Co., Ltd. to Wangxiancai Limited.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 10:03 pm

INCR

InterCure has won an arbitration proceeding against Cannolam. As a result, InterCure now holds 100% of the shares in Cannolam. The amount owed will be determined and paid as part of a full separation process.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:54 pm

UNFI

United Natural Foods, Inc. (NYSE:UNFI) has appointed Andre Persaud as President and Chief Executive Officer of Retail, effective November 6, 2023. Persaud brings nearly 30 years of retail experience and a track record of success. He will lead the company's two retail banners, CUB and Shoppers Food Warehouse, and report to Sandy Douglas, UNFI's CEO and President. Persaud has held senior leadership roles with large food and pharmacy operations, including Rite Aid, Wakefern Foods/ShopRite, Shopko Stores, Burlington, Loblaw Companies, Shoppers Drug Mart, and Wal-Mart Canada.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:51 pm

SEDA

SDCL EDGE Acquisition Corporation has announced that its shareholders have approved the extension of the deadline to complete a business combination to March 2, 2024. The company has also maintained 65.9% of the capital in its trust account, with 13,177,933 Class A Ordinary Shares remaining in float. The company has entered into a non-binding letter of intent with Magnet Joint Venture GmbH, KME SE, and The Paragon Fund III GmbH & Co. for a proposed business combination relating to Cunova GmbH and certain assets of KME comprising KME's Aerospace Business.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:50 pm

BXC

BlueLinx Holdings Inc. (NYSE:BXC) has announced a new share repurchase authorization of $100 million. The repurchase will be funded through a combination of cash on hand and cash flow from operations. The decision to repurchase shares will depend on various factors including the company's capital needs, the market price of the stock, and general market conditions.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 8:48 pm