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Equity Actions

DDD

3D Systems announced that its CFO, Michael Turner, will step down effective October 15, 2023, to pursue a new career opportunity. Andrew Johnson has been named as the interim CFO.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 9:05 pm

OLP

One Liberty Properties Inc has entered into an equity distribution agreement with B. Riley Securities, Inc. The agreement relates to the offer and sale of shares of common stock of up to $50M from time to time through or to the sales agent.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:55 pm

TLRY

Cage-Free Repair, the non-profit arm of Cage-Free Cannabis, has released its 2023 Cannabis Social Responsibility Report. The report assesses the social initiatives of 20 leading North American cannabis firms, including Tilray Brands Inc (NASDAQ:TLRY). The report uses a unique scoring system to quantify the socially equitable practices of each firm. However, the report indicates that findings might be preliminary due to verification limitations and the potential for undisclosed practices.

Portfolio Pulse from Joana Scopel

September 21, 2023 | 8:55 pm

MCD

A 'whale' investor has taken a bullish stance on McDonald's (NYSE:MCD), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whales have been targeting a price range from $265.0 to $300.0 for McDonald's over the last 3 months. The price of MCD is currently down -2.16% at $271.22. Tigress Financial and Truist Securities have maintained their Buy rating on McDonald's, while TD Cowen downgraded its action to Outperform and Wells Fargo upgraded its action to Overweight.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 8:49 pm

FULT

Fulton Financial Corp has filed for a mixed shelf offering, according to a SEC filing. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:47 pm

SSYS

The Donerail Group, a large shareholder of Stratasys Ltd. (NASDAQ:SSYS), has reiterated its intent to vote against Stratasys' proposed acquisition of Desktop Metal. Donerail has expressed serious concerns about the strategic and financial merits of the acquisition and the Stratasys Board's disregard of its fiduciary obligations. The group also highlighted the recommendation by Institutional Shareholder Services Inc. (ISS) that Stratasys shareholders vote against the acquisition. Donerail believes there are other viable, attractive alternatives to the Desktop Metal acquisition.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:44 pm

RBT

Rubicon Technologies Inc has entered into a controlled equity offerings sales agreement with Cantor Fitzgerald & Co. Under this agreement, Rubicon may offer and sell shares of Class A Common of up to $50M from time to time through the sales agent.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:40 pm

NOC

Northrop Grumman Corporation (NYSE:NOC) has elected Robert Fleming as corporate vice president and president of the Space Systems sector, effective October 9, 2023. Fleming will succeed Tom Wilson, who is taking a new role in the company. Fleming has nearly 18 years of experience with Northrop Grumman, having led different businesses and functions across the company's sectors.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:36 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) has announced the appointment of Matthias Aydt as Global CEO, effective from September 29, 2023. The current Global CEO, Xuefeng Chen, will resume his prior position as FF China CEO and will also take a new role as FF's EVP of Global Industrialization. Aydt will focus on boosting FF 91 2.0 Futurist Alliance production and deliveries, while Chen will focus on the launch of the FF 91 2.0 Futurist Alliance in China and the next stage of developments.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:34 pm

NYAX

ONDS

Ondas Holdings Inc. (NASDAQ:ONDS) has promoted Yishay Curelaru to Chief Financial Officer (CFO), Treasurer and Secretary. Curelaru will continue to serve as CFO of Ondas' subsidiary, Airobotics LTD, and lead the financial management of the Ondas Autonomous Systems business unit. Curelaru has held CFO responsibilities at OAS since the acquisition of Airobotics in January 2023. He was previously CFO of On Track Innovations, a Nasdaq-listed company until it was acquired by Nayax Ltd. (NASDAQ:NYAX) in 2022.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:32 pm