Streetbeat News

Equity Actions

BRT

BRT Apartments Corp. (NYSE:BRT) has extended its share repurchase program to December 31, 2025, and increased the authorization to $10 million. The company has repurchased 166,565 shares at an average price of $18.09 per share. The Board of Directors also declared a quarterly dividend of $0.25 per share.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 2:25 pm

AAPL

BA

DIS

EADSY

GOOGL

PFE

SHEL

The Producer Price Index (PPI) slumped 0.3% MoM in May, reaching a 28-month low. Apple invests an additional $25M in VC for minority-owned businesses. Shell boosts dividend by 15% and discloses a $5B share buyback. Airbus raises forecast for new and old aircraft deliveries. Boeing records 43% growth in May deliveries. Google's dominance in ad tech is under scrutiny by the EU. Disney delays Avatar, Marvel, and Star Wars releases. Pfizer warns of potential pediatric antibiotic shortage.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 1:47 pm

COEP

Coeptis Therapeutics Holdings, Inc. (NASDAQ:COEP) announced the pricing of a $3.5 million underwritten offering to a single healthcare-focused investor. The offering includes common stock, pre-funded warrants, and Series A and B warrants. Ladenburg Thalmann & Co. Inc. is the sole book-running manager.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:30 pm

ZYXI

Zynex, a medical technology company, has announced a $10 million share buyback program.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:16 pm

MVIS

MicroVision Inc (NASDAQ:MVIS) announced a proposed $75 million public offering of its common stock, with an option for underwriters to purchase an additional $11.25 million in common stock. The company plans to use the net proceeds for general corporate purposes. MicroVision shares are down 110.5% at $5.70.

Portfolio Pulse from Adam Eckert

June 14, 2023 | 1:04 pm

MVIS

MicroVision announced a proposed public offering of common stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 1:03 pm

RBT

Rubicon Technologies has completed the highest priority components of its 'Bridge to Profitability' plan, including securing a new term loan, recapitalizing debt, attracting additional equity investment, and reducing material costs across the organization. The company remains confident in achieving positive adjusted EBITDA for Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:55 pm

LVO

LiveOne announces updates on PodcastOne's planned spin-out, including strengthening its balance sheet, increasing the special dividend from 12% to ~19%, and repaying $3M of PodcastOne's convertible debt. The S-1 Registration Statement has been declared effective by the SEC, and LiveOne will own ~74% of PodcastOne's outstanding shares post spin-out.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:54 pm

NEXT

TTE

NextDecade Corporation has entered into framework agreements with Global Infrastructure Partners (GIP) and TotalEnergies to enable the final investment decision for the Rio Grande LNG project Phase 1 and provide momentum for further development.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:51 pm

NBSE

NeuBase Therapeutics announced a 1-for-20 reverse stock split, which will reduce the number of outstanding shares and increase the stock price proportionally.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 12:35 pm