Streetbeat News

Equity Actions

OXAC

Oxbridge Acquisition Corp. has entered into a Forward Purchase Agreement with Meteora Capital Partners, Meteora Select Trading Opportunities Master, and Meteora Strategic Capital for OTC Equity Prepaid Forward Transactions. The agreement allows Meteora to purchase up to 1,186,952 Class A ordinary shares of Oxbridge, with the caveat that Meteora's ownership should not exceed 9.9% of the total Oxbridge shares outstanding, unless waived by Meteora.

Portfolio Pulse from Charles Gross

August 07, 2023 | 11:38 am

COLL

Collegium Pharmaceutical, Inc. has announced a $50 million accelerated share repurchase (ASR) program. The ASR is expected to be funded from the company's existing cash on hand.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:33 am

AAPL

AMZN

DKNG

GOOGL

HSIC

MSFT

NVDA

TSLA

TSN

The article covers a range of topics including US markets, crypto, US politics, world politics, US economy, tech, electric vehicles, consumer, communication, and general news. Key highlights include Tyson Foods, Henry Schein, Apple, Microsoft, Tesla, Nvidia, Amazon, Google, and DraftKings. In crypto, Bitcoin, Ethereum, and Dogecoin are mentioned. In politics, DeSantis, GOP Presidential Candidate, Bill Barr, and Trump are discussed. In tech, Apple's iPhone 15 and M3-Powered Mac Mini are highlighted. In electric vehicles, Tesla's revenue growth and diner plans are mentioned.

Portfolio Pulse from Akanksha Bakshi

August 07, 2023 | 11:08 am

BOOM

DMC Global has appointed Michael Kuta as its new President, CEO, and Director, effective immediately.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:06 am

GHM

Graham Corporation (GHM) has secured a strategic investment of $13.5 million from a customer to enhance its Batavia production capabilities for complex components.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:43 am

PCG

UBS analyst Gregg Orrill has upgraded PG&E (NYSE:PCG) from Neutral to Buy and raised the price target from $19 to $21.

Portfolio Pulse from richadhand@benzinga.com

August 07, 2023 | 10:29 am

O

Realty Income Corp has entered into a sales agreement for the offer and sale of up to 120 million shares of the company's common stock.

Portfolio Pulse from Charles Gross

August 07, 2023 | 10:17 am

AAPL

AMZN

IEP

TSLA

The S&P 500 closed lower for the fourth straight session due to the latest jobs and earnings data. The U.S. economy added fewer jobs than expected in July, and the unemployment rate fell to 3.5%. Apple Inc. shares declined 4.8% due to a continued decline in sales, while Amazon.com, Inc. shares surged after strong quarterly results. Icahn Enterprises L.P. shares fell over 23% after weak Q2 results. The Nasdaq 100 fell 0.51% amid losses in shares of Apple Inc and Tesla Inc.

Portfolio Pulse from Lisa Levin

August 07, 2023 | 9:36 am

ORA

Roth MKM analyst Justin Clare has upgraded Ormat Technologies (NYSE:ORA) from Neutral to Buy and set a price target of $92.

Portfolio Pulse from richadhand@benzinga.com

August 07, 2023 | 9:25 am

W

UBS analyst Michael Lasser has upgraded Wayfair (NYSE:W) from Neutral to Buy and raised the price target from $72 to $110.

Portfolio Pulse from richadhand@benzinga.com

August 07, 2023 | 9:08 am