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Equity Actions

APOG

Apogee Enterprises Inc (NASDAQ:APOG) has increased its existing share repurchase authorization by 2 million shares, bringing the total available share repurchase program to approximately 2.97 million shares. The company's Board of Directors has also declared a quarterly cash dividend of $0.24 per share, payable on November 8, 2023. The company held $18.42 million in cash and equivalents as of August 26, 2023.

Portfolio Pulse from Shivani Kumaresan

October 06, 2023 | 12:46 pm

MU

Micron Technology, Inc (NASDAQ:MU) has begun construction on a $15 billion memory manufacturing facility in Boise, Idaho. The facility, which will create over 17,000 jobs, is expected to inject $15.3 billion into the Idaho economy. The company has also pledged a $75 million investment to the Idaho Community Investment Framework over the next decade. The facility will be environmentally responsible and will commence operations in phases from 2025.

Portfolio Pulse from Anusuya Lahiri

October 06, 2023 | 12:06 pm

PIXY

ShiftPixy, Inc. (NASDAQ:PIXY) has announced a registered direct offering and concurrent private placement with a single U.S. institutional investor. The deal involves the sale of 2,265,000 shares of common stock at $1.10 per share, and warrants to purchase up to the same number of shares. The gross proceeds from the offering are expected to be approximately $2.5 million. The closing of the offering is expected to occur on October 10, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 12:02 pm

GOOGL

QCOM

U.S. lawmakers are urging the Biden administration to restrict American companies from working on RISC-V chip technology, which is widely used in China. This could potentially impact companies like ARM, Google (GOOGL), and Qualcomm (QCOM), which are involved in chip technology.

Portfolio Pulse from Charles Gross

October 06, 2023 | 10:50 am

RNLSY

RNSDF

VLVLY

Renault SA (OTC:RNSDF) (OTC:RNLSY), Volvo (OTC:VLVLY), and CMA CGM are partnering to produce a new generation of fully electric vans. Renault and Volvo have signed binding agreements to launch a new company with 50-50 equity stakes. The companies plan to invest €300 million each over the next three years. CMA CGM Group will join the new company, investing EUR 120 million through PULSE. The new company is expected to start operations in 2024 and start production in 2026.

Portfolio Pulse from Shivani Kumaresan

October 06, 2023 | 10:42 am

AULT

Ault Alliance's unit, Sentinum, has surpassed $46M in Bitcoin mining revenue since its inception. In September 2023 alone, Sentinum mined 139 Bitcoins.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 10:35 am

APOG

Apogee Enterprises, Inc. (NASDAQ:APOG) has announced a quarterly cash dividend of $0.24 per share, payable on November 8, 2023. The company's Board has also increased the existing share repurchase authorization by 2 million shares, bringing the total to approximately 2.97 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 10:35 am

KZIA

Kazia Therapeutics shares were halted late Thursday pending an announcement by the company regarding the proposed trading solely on Nasdaq and proposed delisting of the company's securities from ASX.

Portfolio Pulse from Charles Gross

October 06, 2023 | 8:47 am

SHEL

SHEL has updated its 3Q23 outlook, now expecting Integrated Gas production to be 880-920 thousand boe/d (previously 870-930), Upstream production to be 1,700-1,800 thousand boe/d (previously 1,600-1,800), and Marketing Sales Volumes to be 2,450-2,850 thousand b/d (previously 2,450-2,950).

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 7:16 am

OMQS

OmniQ Corp. has priced its public offering of 3 million shares of common stock at $1 per share. The total gross proceeds from the offering are expected to be approximately $3 million. The company has also granted the underwriters a 45-day option to purchase up to an additional 450,000 shares at the public offering price less discounts and commissions. The offering is expected to close on October 11, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:47 am