Streetbeat News

Equity Actions

HOOD

Etoro, a competitor of Robinhood, has agreed to a share sale at a discounted valuation, raising $120 million. This could potentially impact Robinhood's market position and valuation.

Portfolio Pulse from Charles Gross

July 31, 2023 | 11:49 am

ARLP

Alliance Resource Partners (ARLP) has revised its FY23 capital expenditure (Capex) outlook to $390M - $440M, down from the previous estimate of $400M - $460M.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 11:06 am

BAH

Booz Allen Hamilton Holding Corp has filed for a mixed shelf offering, although the size of the offering has not been disclosed.

Portfolio Pulse from Bill Haddad

July 31, 2023 | 11:03 am

ONCY

Oncolytics Biotech has entered into an agreement with Leede Jones Gable to purchase 6,667,000 units on a bought-deal basis for gross proceeds of $15M at $2.25/unit.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 10:58 am

TDY

Teledyne Technologies Incorporated (TDY) has announced that Stephen F. Blackwood will take over as Senior Vice President and CFO, effective from December 1, 2023. The current CFO, Susan L. Main, is set to retire.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 10:57 am

DINO

HF Sinclair (DINO) has entered into a stock purchase agreement with REH Company to repurchase 8.2 million shares of its outstanding common stock at $50.07 per share.

Portfolio Pulse from Charles Gross

July 31, 2023 | 10:55 am

HAS

B of A Securities analyst Jason Haas has upgraded Hasbro (NASDAQ:HAS) from Neutral to Buy and raised the price target from $68 to $85.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 10:43 am

SG

Piper Sandler analyst Brian Mullan has upgraded Sweetgreen (NYSE:SG) from Neutral to Overweight and raised the price target from $13 to $19.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 10:42 am

ADBE

Morgan Stanley analyst Keith Weiss has upgraded Adobe (NASDAQ:ADBE) from Equal-Weight to Overweight and raised the price target from $510 to $660.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 10:39 am

TM

Toyota Motor Corp (NYSE:TM) plans to strengthen its local development of intelligence and electrification technology in China. The company will change the name of its largest R&D facility in China to 'Intelligent ElectroMobility R&D Center by TOYOTA (China) Co., Ltd.' as of August 1. Toyota aims to reduce manufacturing costs by developing a local supplier base, reviewing parts designs, and production engineering/manufacturing reform.

Portfolio Pulse from Shivani Kumaresan

July 31, 2023 | 10:28 am