Streetbeat News

Equity Actions

PSNY

Polestar, a Swedish electric vehicle manufacturer, has filed for a mixed shelf offering of up to $1 billion, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:34 pm

HOFV

Hall of Fame Resort & Entertainment has announced a proposed public offering of common stock and warrants. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:31 pm

BMO

BMO Financial Group has announced the retirement of its CEO & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum as his successor. The changes will be effective from November 1, 2023. Tannenbaum will lead BMO Capital Markets and provide strategic direction on global markets and investment and corporate banking customer segments. He will be succeeded in his current role by Brad Chapin, who will serve as Interim Global Head, Investment & Corporate Banking.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:29 pm

EIS

Two Palestinians were killed during clashes with Israeli security forces in Jerusalem, according to Palestinian State TV. The article may mention EIS, an ETF that tracks the investment results of an index composed of Israeli equities.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:29 pm

SNX

TD SYNNEX has filed for a shelf of up to 44.96 million shares of common stock by selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:17 pm

SSSS

SuRo Capital Corp. (SSSS) provided a preliminary update on its Q3 2023 investment portfolio, projecting its NAV to be between $8.15 to $8.65 per share. The company remains active in repurchasing shares under the Share Repurchase Program approved by its Board of Directors. SuRo Capital's net assets totaled approximately $186.7 million, or $7.35 per share at June 30, 2023, and approximately $221.8 million, or $7.83 per share at September 30, 2022. As of September 30, 2023, SuRo Capital's net asset value is estimated to be between $8.15 to $8.65 per share.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:16 pm

CSL

Carlisle Companies (CSL) will reclassify the results of operations for Carlisle Interconnect Technologies (CIT) as discontinued operations effective for Q3. CIT contributed revenues of $432.4 million, operating income of $30.6 million, and adjusted EBITDA of $69.7 million for the first six months of 2023.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:15 pm

GIM

Templeton Global Income Fund (NYSE:GIM) has announced a tender offer for up to 45% of its outstanding common shares at a price equal to 99% of the Fund's NAV per share. The offer will expire on November 9, 2023. The Board of Trustees approved the offer to provide enhanced liquidity to shareholders ahead of a potential investment adviser transition from Franklin Advisers to Saba Capital Management.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:15 pm

MDLZ

Mondelez International Inc. is considering a 1.6% ownership reduction resulting from the sale of its equity method investment in JDE Peet's. The move is part of Mondelez's strategy to optimize its portfolio.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:15 pm

MDLZ

Mondelez International, Inc. (MDLZ) has announced that it will continue to have two directors on JDEP's board of directors and has retained certain additional governance rights.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:14 pm