Streetbeat News

Equity Actions

AMP

Ameriprise Financial has announced an additional $3.5 billion share repurchase authorization. This move is expected to return more value to shareholders and potentially boost the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:31 pm

JNVR

Janover (NASDAQ:JNVR), a B2B fintech marketplace, recently went public with an initial offering of 1.41 million shares at $4.00 per share. On its first day of trading, the stock fell 4.50% to close at $3.82. The company has an insider lock-up period of 180 days, ending on January 21, 2024, during which major shareholders cannot sell their shares.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 9:30 pm

DXYN

The Dixie Group (DXYN) has announced the termination of the sale and leaseback agreement of its Adairsville, Georgia distribution facility. The reasons for the termination were not disclosed.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:26 pm

META

Meta CEO has announced that Reels, a feature on Facebook and Instagram, has exceeded 200 billion plays per day. The company expects to have a clearer understanding of how much to budget for AI capital expenditure by later this year.

Portfolio Pulse from Charles Gross

July 26, 2023 | 9:18 pm

LUNG

Pulmonx Corporation will present at the Canaccord Genuity 43rd Annual Growth Conference. This could potentially influence the company's stock (LUNG).

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:15 pm

ORLY

O'Reilly Automotive's CEO, Greg Johnson, is set to retire. Brad Beckham will take over as CEO, and Brent Kirby will become President.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 9:15 pm

PTEN

Patterson-UTI Energy has reduced its capital expenditure forecast for the second half of 2023 to $485 million.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:08 pm

FTI

TechnipFMC has announced an additional $400 million buyback program. This move is expected to return value to shareholders and reflects the company's confidence in its financial position.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:07 pm

BIOL

Biolase has announced a 1-for-100 reverse stock split. This action is typically taken by companies to increase the market price of their shares and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 9:01 pm

TNET

TriNet has announced an increase in its stock repurchase program by $1B, bringing the total to $1.4B.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 8:51 pm