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SYT

SYLA Technologies Co., Ltd. (NASDAQ:SYT) has announced that its subsidiary, SYLA Co., Ltd., has begun selling the SYFORME NAKANO condominium units in Japan. The company has developed this property internally, leveraging its expertise in real estate, construction, and advanced technology. This approach is expected to result in cost savings and higher productivity. The property will be completed by the end of November 2023.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:32 pm

THTX

Theratechnologies Inc. (NASDAQ:THTX) has priced its public offering of 12.5 million common shares at $1.00 per share, expecting to raise approximately $12.5 million. The company has also granted the underwriter, Cantor Fitzgerald & Co., a 30-day option to purchase up to 1.875 million additional shares. Concurrently, Theratechnologies has entered into a subscription agreement with Investissement Québec for a private placement of over 9 million common shares and 3.4 million fully-funded, non-voting subscription receipts, aiming to raise another $12.5 million.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:19 pm

CMPS

COMPASS Pathways plc (NASDAQ:CMPS) announced that its CFO, Mike Falvey, will leave the company on November 3, 2023. Mary-Rose Hughes, current Vice President of Finance, will take over as interim CFO effective immediately. The company has started searching for a permanent CFO. Hughes has been with COMPASS since May 2020 and has played a key role in the company's IPO, follow-on public equity offering, term loan facility, and private placement financing.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 12:18 pm

SHYF

The Shyft Group (NASDAQ:SHYF) has appointed John Dunn as its new President and CEO, effective immediately. Dunn, who previously served as President of Shyft's Fleet Vehicles and Services, will also join the Board of Directors. The current President and CEO, Daryl Adams, will step down from his role and resign from the Board, but will remain with the company in an advisory capacity for six months.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:52 am

FCN

FTI Consulting has updated its FY23 revenue forecast to $3.35B-$3.40B, compared to the previous estimate of $3.33B-$3.40B. The company also expects FY23 EPS to be between $6.70-$7.20, which is in line with the previous estimate of $6.50-$7.20. FTI Consulting does not anticipate any difference between adjusted EPS and EPS.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:42 am

AMZN

GOOGL

META

QQQ

SPY

Stock futures dipped early Thursday, with Meta Platforms, Inc.‘s (NASDAQ:META) impressive results failing to satisfy investors. Amazon, Inc. (NASDAQ:AMZN) is set to release its quarterly results after the market close. The third-quarter GDP report is expected to reveal the fastest growth since late 2021. Factors like Alphabet, Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) underwhelming Cloud revenue, surging bond yields, rising oil prices, and robust new home sales for September unnerved traders. The SPDR S&P 500 ETF Trust (NYSE:SPY) fell 0.61% to $415 and the Invesco QQQ ETF (NASDAQ:QQQ) plunged 0.91% to $347.14.

Portfolio Pulse from Shanthi Rexaline

October 26, 2023 | 11:38 am

FWRD

Forward Air Corporation (FWRD) has withdrawn its previous 2024 target for adjusted EBITDA for the combined company and any other related targets.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:38 am

VVOS

Vivos Therapeutics has announced a 1-for-25 reverse stock split, which will be effective from October 27. This move is typically aimed at increasing the per-share price of the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:34 am

AMT

American Tower Corporation (AMT) has announced that Steven Vondran will succeed Thomas Bartlett as President and CEO, effective February 1, 2024. Bartlett will retire from his positions as President, CEO, and director of the Board of Directors. To facilitate the transition, Vondran will serve as Executive Vice President, Global Chief Operating Officer from November 1, 2023, until February 1, 2024. Eugene Noel has been named as the new EVP and President of the U.S. Tower Division.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 11:07 am

LII

Lennox International Inc. (LII) has announced that Michael Quenzer will succeed Joseph W. Reitmeier as Executive Vice President and CFO, effective January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 26, 2023 | 10:56 am