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Equity Actions

IBKR

Interactive Brokers (IBKR) is consolidating its European operations into Ireland, enhancing its presence in the region. This move is expected to streamline operations and improve efficiency.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 7:18 am

IMVT

Immunovant has priced its common share offering at $38 per share. The company is offering 7,370,000 shares to the public and 4,473,684 shares to Roivant Sciences, totaling $450M.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:56 am

SLG

SL Green Realty has completed the One Madison Avenue project ahead of schedule and received a final equity payment of $577.4M from its joint venture partners.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 5:41 am

ACRHF

AYRWF

CURLF

The Senate Banking Committee has approved the Secure and Fair Enforcement Regulation (SAFER) Banking Act, a significant development for the cannabis industry. The Act has been praised by industry leaders, including Boris Jordan, founder and chairman of Curaleaf Holdings, Inc., and Sean M. O’Brien, Teamsters General President. The Act is expected to improve working conditions and ease operational burdens for employers across the country. It is also seen as a key step forward for the cannabis industry, with the industry poised to reach $34 billion by the end of this year.

Portfolio Pulse from Joana Scopel

September 27, 2023 | 11:40 pm

SONY

Sony Group has announced that Sony Interactive Entertainment (SIE) President and CEO Jim Ryan will retire in March 2024 after nearly 30 years with the PlayStation business. Hiroki Totoki, Sony Group Corporation President, COO and CFO, will take over as Chairman of SIE in October 2023 and Interim CEO of SIE in April 2024, while maintaining his current role at Sony Group Corporation.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 10:09 pm

TSLA

Elon Musk's X, formerly Twitter, has cut half of its global team responsible for limiting election disinformation, including the entire Dublin-based global election integrity team. This comes less than a month after X reinstated political ads and pledged to expand its safety and elections team. Musk acquired Twitter for $44 billion last October and rebranded it to X. Earlier this year, the Tesla Inc CEO said he had cut about 80% of the company's staff.

Portfolio Pulse from Adam Eckert

September 27, 2023 | 9:53 pm

VSME

VS Media Holdings Limited, a Hong Kong-based company managing a global network of digital creators, has priced its IPO at $5.00 per share. The shares are expected to start trading on The Nasdaq Capital Market under the ticker symbol 'VSME'.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 9:35 pm

MAT

Mattel has promoted Robbie Brenner to President of Mattel Films. Brenner, who has been with the company since 2018, produced the record-breaking Barbie movie, which was released worldwide by Warner Bros. Pictures in July 2023.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 9:14 pm

PXD

A significant bullish stance has been taken on Pioneer Natural Resources (NYSE:PXD) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $200.0 to $270.0 for Pioneer Natural Resources over the last 3 months. Mizuho has maintained their Buy rating on Pioneer Natural Resources, with a price target of $301.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 8:46 pm

MOBV

MOBVU

Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW) has filed its Definitive Proxy Statement for the planned business combination with SRIVARU Holding Limited, a provider of premium electric motorcycles. The company has also entered into a Lock-Up Waiver, effective September 29, 2023, for up to 100,000 shares of Class B common stock held by Mobiv Pte. Ltd. The focus of SRIVARU is in India, a market forecast to exceed $36 billion by 2027.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:42 pm