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Equity Actions

BMY

Bristol Myers Squibb has entered into $4 billion aggregate accelerated share repurchase agreements.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:59 am

DDS

Dillard's has announced the upcoming closure of its MacArthur Center location in Norfolk, Virginia. The company did not provide a reason for the closure.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:57 am

USFD

US Foods Holding Corp. (NYSE:USFD) has updated its FY2023 guidance, raising its adjusted EPS from $2.45-$2.65 to $2.55-$2.65, compared to the analyst estimate of $2.56. The company also increased its adjusted EBITDA and interest expense guidance, while maintaining its net debt to adjusted EBITDA leverage below 3.0x by the end of FY2023.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:49 am

THC

Tenet Healthcare has announced that CEO Saum Sutaria will take on the additional role of Chairman of the Board. He succeeds Senator J. Robert Kerrey, who will transition to Lead Director of the Board, a role he previously held from 2017-2022.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:48 am

AIT

Applied Industrial Technologies, Inc. (NYSE:AIT) has introduced its FY24 EPS guidance of $8.80-$9.55, which is higher than the consensus of $8.65. The company projects EBITDA margins of 11.9%-12.1% and expects sales growth of 0% to 4% on a Y/Y basis.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:39 am

PRMW

Primo Water Corp's Board of Directors has authorized a new $50 million share repurchase program, replacing the previous one that was set to expire in August 2023. The company's common shares may be repurchased in open market or privately negotiated transactions through the NYSE.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:36 am

AQN

Algonquin Power & Utilities Corp. has announced its intention to sell its Renewable Energy Group following a strategic review.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:31 am

WWW

Wolverine Worldwide has appointed Christopher Hufnagel as its new President and CEO, succeeding Brendan L. Hoffman who is no longer with the company.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:30 am

GOCO

The Special Committee of the GoHealth Board of Directors has rejected a $20/share unsolicited, non-binding proposal received in May from its two largest stockholders, stating it undervalues the company.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:26 am

SMR

Nuscale Power has entered into a sales agreement for a common stock offering of up to $150 million.

Portfolio Pulse from Charles Gross

August 10, 2023 | 10:10 am