Streetbeat News

Equity Actions

SQFT

Presidio Property Trust, Inc. has announced the establishment of a special committee of the board to explore strategic alternatives. The move is aimed at enhancing shareholder value.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 12:36 pm

COSM

Cosmos Health has announced the initiation of a stock buyback program. The company has not disclosed the amount of shares it plans to repurchase or the timeline for the buyback.

Portfolio Pulse from Bill Haddad

September 13, 2023 | 12:32 pm

KULR

KULR Technology has announced a proposed public offering of common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:20 pm

LVO

LiveOne has announced an increase in its stock buyback program from $7.5 million to $8.5 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:47 am

HASI

Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI) is set to join the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:37 am

SPI

Phoenix Motorcars, a subsidiary of SPI Energy Co. Ltd., has received an order for 10 zero-emission school buses from the District of Columbia. This marks Phoenix Motorcars' entry into the electric school bus market.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:05 am

BP

BP Plc's CEO Bernard Looney has resigned amid an ongoing investigation into allegations concerning his personal conduct. The company's CFO, Murray Auchincloss, will act as interim CEO. In other news, BP plans to invest up to $10.7 billion in renewables, low-carbon fuels, and EV charging in Germany by the end of the decade.

Portfolio Pulse from Shivani Kumaresan

September 13, 2023 | 10:24 am

ACB

CGC

EPM

GRNT

NIO

PKX

SQSP

WE

XPEV

Several US-listed stocks traded lower in Wednesday's pre-market session. Evolution Petroleum Corporation (EPM) dipped 13.9% after reporting downbeat Q4 results. Aurora Cannabis (ACB), Canopy Growth Corporation (CGC), Granite Ridge Resources (GRNT), WeWork (WE), POSCO Holdings (PKX), Squarespace (SQSP), XPeng (XPEV), and NIO (NIO) also recorded losses. Squarespace priced its secondary offering of 5 million class A common shares at $29 per share. Shares of China EV makers fell following report of possible EU tariffs.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 10:02 am

NVO

Novo Nordisk's Board of Directors has approved a 2:1 stock split of the company's B shares listed on Nasdaq Copenhagen and its American Depositary Receipts (ADRs) listed on the New York Stock Exchange (NYSE). The split will be effective from September 20, 2023.

Portfolio Pulse from Charles Gross

September 13, 2023 | 9:06 am

BYDDF

FXI

LI

NIO

XPEV

The European Commission has initiated an investigation to determine if tariffs are necessary on Chinese electric vehicle manufacturers that are benefiting from state subsidies. This could potentially impact Chinese EV manufacturers listed in the US, including BYD Co Ltd (BYDDF), Li Auto Inc. (LI), NIO Inc. (NIO), and XPeng Inc. (XPEV), as well as the iShares China Large-Cap ETF (FXI).

Portfolio Pulse from Charles Gross

September 13, 2023 | 8:52 am