Streetbeat News

Equity Actions

CCL

CUK

Carnival Corporation has issued notices of redemption for $1.2 billion of debt. The company also announced the pricing of a $500 million 7.00% first-priority senior secured notes offering, and the upsizing and pricing of a $1.3 billion senior secured first lien term loan B facility.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:40 am

AHT

Ashford Hospitality Trust has sold 79 owned units and the public space at the WorldQuest Resort in Orlando, Florida for $14.8 million.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:39 am

AVDX

IOVA

IRDM

ISRG

PINS

Ark Invest, led by Cathie Wood, made several trades including a significant purchase of shares in AvidXchange Holdings Inc (AVDX) and an increase in exposure to Iridium Communications Inc (IRDM). Other trades included buying shares of Pinterest Inc (PINS) and selling shares of Iovance Biotherapeutics Inc (IOVA) and Intuitive Surgical Inc (ISRG).

Portfolio Pulse from Benzinga Neuro

August 04, 2023 | 10:38 am

CNBS

MJ

POTX

THCX

TOKE

YOLO

Detroit is set to accept applications for the second round of limited marijuana business licenses, with half reserved for 'equity applicants'. The round offers 30 marijuana retailer licenses, 10 microbusiness licenses, and 10 consumption lounge licenses. The city is working to reduce zoning restrictions and guide applicants. Successful candidates will be notified six to eight weeks after the August 31 deadline. The article also mentions several cannabis-related ETFs.

Portfolio Pulse from Nicolás Jose Rodriguez

August 04, 2023 | 10:37 am

PTC

ROK

PTC has reported a public secondary offering of 5.83 million shares held by Rockwell Automation. PTC will not receive any proceeds from the sale of these shares.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:37 am

PLCE

Children's Place has announced key executive appointments, promoting Sheamus Toal to COO and CFO, appointing Maegan Markee as Brand President, and hiring Mary Beth Sheridan as Chief Merchant. All changes are effective immediately.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:36 am

YELL

Yellow Corp. (NASDAQ:YELL), a trucking company that received a $700 million loan from the U.S. government in 2020, has ceased operations and is expected to declare bankruptcy. The loan, which gave the Treasury Department a 30% equity stake in the company, is now at risk. The handling of the loan by the Trump administration has been scrutinized in at least three government investigations.

Portfolio Pulse from Piero Cingari

August 04, 2023 | 10:35 am

MSTR

MicroStrategy has filed a prospectus supplement related to the offering of Class A common stock of up to $750 million.

Portfolio Pulse from Charles Gross

August 04, 2023 | 10:34 am

VOYA

Voya Financial has increased its authorization to repurchase common stock by $500M, bringing the total to $609M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:33 am

AZPN

Aspen Technology has announced plans for a new share repurchase authorization of up to $300 million of its common stock.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:33 am