Streetbeat News

Equity Actions

MDU

MDU Resources' President and CEO, Goodin, is set to retire. Nicole A. Kivisto, currently president and CEO of MDU Resources' electric and natural gas utility companies, has been unanimously selected by the board of directors to succeed Goodin, effective from Jan. 6. Kivisto will also join the board of directors.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:18 pm

ARE

Dean Shigenaga, the President and CFO of Alexandria Real Estate Equities, has resigned from all his positions within the company and its units. The board has elected Marc E. Binda as the new CFO and Treasurer, effective from September 15, 2023, according to an SEC filing.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 8:16 pm

DENN

John W. Dillon, President of Denny's Corp, has stepped down from his position as an executive officer of the company effective August 15. Kelli Valade, the current CEO, has assumed the role of President.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 8:15 pm

MLNK

MeridianLink has appointed Edward McDermott as the Chair of its Board of Directors, succeeding Paul Zuber.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:11 pm

HUBC

Hub Cyber Security has appointed Lior Davidson as interim CFO, succeeding Hugo Goldman who has stepped down from the role effective immediately. The company is in the process of finding a permanent replacement.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:08 pm

RCRT

RCRTW

Recruiter.com Group, Inc. (NASDAQ:RCRT)(NASDAQ:RCRTW) has announced a registered direct offering of 3.33M shares at $0.3108/share, and a concurrent private placement of 3.33M shares exercisable in six months at the same price. The transactions are expected to close on August 21, 2023, and the proceeds will be used for working capital and other corporate purposes. The aggregate gross proceeds are expected to be approximately $1.036 million.

Portfolio Pulse from Happy Mohamed

August 17, 2023 | 8:02 pm

BARK

BARK has announced the authorization of a share repurchase program for up to $7.5 million of its common shares.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 8:02 pm

UNH

A significant bearish stance has been taken on UnitedHealth Group (NYSE:UNH) as indicated by unusual options activity. The sentiment among big-money traders is split between 47% bullish and 52% bearish. Whales have been targeting a price range from $400.0 to $530.0 for UnitedHealth Group over the last 3 months. The price of UNH is currently down -2.02% at $493.37. Stephens & Co. downgraded its action to Overweight with a price target of $560, while UBS maintained their Neutral rating with a price target of $520.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:30 pm

AZO

AutoZone Inc.'s stock price is currently at $2467.11, after a 0.90% drop. However, over the past month, the stock has increased by 0.29%, and in the past year, by 5.78%. The company's P/E ratio of 19.7 is higher than the Specialty Retail industry average of 19.31, which could indicate that the stock is overvalued or that investors expect the company to perform better in the future.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:16 pm

AKTX

Akari Therapeutics announced a ratio change of its American Depository Shares from 1-representing-100 to 1-representing-2000, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 7:02 pm