Streetbeat News

Equity Actions

HBCP

Home Bancorp's board has approved a new share repurchase plan for up to 405,000 shares, or approximately 5% of outstanding common stock. As of September 30, 2023, there were 47,980 shares remaining that may be repurchased under the 2021 Repurchase Plan.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 9:21 pm

MTX

Minerals Technologies' board has authorized a new, one-year $75M share repurchase program, effective immediately.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 9:08 pm

AIRT

Air T, Inc. and Air T Funding have entered into an at-the-market offering agreement for an offering price of up to $6.45 million, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:58 pm

STLD

Steel Dynamics has expressed a constructive outlook on the North American steel market, based on domestic steel fundamentals.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:41 pm

WMPN

William Penn Bancorporation (NASDAQ:WMPN) has announced a new stock repurchase program to acquire up to 1,046,610 shares, or approximately 10% of the company's currently issued and outstanding common stock. The program will commence upon the completion of the company's existing stock repurchase program. The company has previously completed six stock repurchase programs.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:36 pm

LVS

Las Vegas Sands Corp. (NYSE:LVS) reported better-than-expected Q3 financial results, with earnings of 55 cents per share and sales of $2.79 billion, beating analyst consensus estimates. The company also announced a $2 billion stock repurchase authorization through Nov. 3, 2025. Shares of LVS were up 4.08% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

October 18, 2023 | 8:36 pm

BHVN

Steven A. Cohen's Point72 Asset Management, L.P. has reported a 5.1% stake in Biohaven Ltd. as of October 17, 2023, according to a 13G filing.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:31 pm

ETN

A whale investor has taken a bullish stance on Eaton Corp (NYSE:ETN), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $160.0 to $230.0 for Eaton Corp over the last 3 months. JP Morgan upgraded its action to Overweight with a price target of $230, while Morgan Stanley maintained their Overweight rating with a price target of $238.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 8:30 pm

NFLX

Netflix Inc (NASDAQ:NFLX) reported Q3 revenue of $8.54 billion, beating the consensus estimate of $8.53 billion, and earnings of $3.73 per share, beating the estimate of $3.49. The company attributed the strong results to higher-than-expected member growth, with paid net adds of 8.76 million. Netflix also highlighted the repurchase of $2.5 billion worth of its shares in the quarter and a buyback authorization increase of $10 billion. The company expects Q4 revenue of $8.692 million and earnings of $2.15 per share.

Portfolio Pulse from Adam Eckert

October 18, 2023 | 8:24 pm

EFX

Equifax has revised its guidance downwards due to the impact of a weaker than expected U.S. mortgage market and foreign exchange. This is partially offset by the acquisition of Boa Vista Serviços.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:19 pm