Streetbeat News

Equity Actions

FTEL

Fitell's board has appointed Yinying 'Sam' Lu, a member of the board, to serve as the company's Chief Executive Officer effective October 23, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:24 pm

PSEC

Prospect Capital Corporation has announced a cash tender offer for all of its 5,882,351 outstanding shares of 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock. The company is looking to buy back these shares from the market.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:09 pm

STT

State Street Corporation's President and COO, Louis Maiuri, is set to retire effective January 1, 2024. The Chairman and CEO, Ron O'Hanley, will assume the office of the President and responsibility for Investment Services.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:03 pm

ORGS

Orgenesis Inc. (NASDAQ:ORGS) has announced the commencement of an underwritten public offering. The company plans to use the net proceeds from the offering for working capital and general corporate purposes. EF Hutton, a division of Benchmark Investments, LLC, is the sole book-running manager for the offering. The offering consists of units of common stock and warrants to purchase common stock.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 9:00 pm

GRBK

Green Brick Partners, Inc. (NYSE:GRBK) has promoted Jed Dolson to President and Chief Operating Officer. Dolson has been with the company since 2010 and has played a significant role in its growth. He has previously served as the Head of Land Acquisition and Development, President of the Texas Region, and Executive Vice President and Chief Operating Officer.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:59 pm

WDC

Western Digital Corporation (NASDAQ:WDC) has announced a proposed offering of $1.3 billion aggregate principal amount of convertible senior notes due 2028. The notes will be senior unsecured obligations of Western Digital and will be guaranteed by each of Western Digital's wholly-owned subsidiaries. The company intends to use the net proceeds of the notes offering to pay the cost of entering into capped call transactions, to pay the purchase price for the refinancing of a portion of Western Digital's existing 1.50% convertible senior notes due 2024, and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:57 pm

TREX

Trex Company, Inc. has updated its full year revenue guidance to $1.09 billion, an increase from the previous guidance of $1.04 billion to $1.06 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:51 pm

CEQP

Crestwood Equity Partners LP (CEQP) announced that its unitholders have approved the previously announced transaction with Energy Transfer LP. The transaction is expected to close on November 3, 2023. Upon completion, Crestwood common unitholders will receive 2.07 Energy Transfer common units for each Crestwood common unit they own.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:50 pm

RNAZ

TransCode Therapeutics has announced the withdrawal of its underwritten public offering of common stock, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:49 pm

ANVS

Annovis Bio has announced the launch of a proposed public offering. The terms of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 8:49 pm