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Equity Actions

ARKK

TER

Cathie Wood, CEO of Ark, has identified Teradyne as Ark's best new investment idea.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:42 pm

CIGI

Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) has announced its intention to make a normal course issuer bid (NCIB) to purchase up to 4 million subordinate voting shares, approximately 10% of the public float, between July 20, 2023, and July 19, 2024. The purchases will be made through the TSX, alternative Canadian Trading Systems, or The NASDAQ Stock Market. The price will be the market price at the time of acquisition. All shares purchased will be cancelled.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:34 pm

AAP

Advance Auto Parts has clarified that it is not associated with TRC Capital and has not expressed any opinion on TRC's 'mini-tender' offer.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:32 pm

FTNT

Fortinet's (NYSE:FTNT) short percent of float has fallen 22.75% since its last report, indicating a more bullish sentiment towards the stock. The company has 10.69 million shares sold short, which is 1.63% of all regular shares available for trading. Compared to its peers, Fortinet has less short interest as a percentage of float, with an average of 5.38%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 8:30 pm

ARKK

SPY

Cathie Wood, CEO of ARK Investment Management, predicts that the U.S. will reach 2% inflation sooner than expected. This could impact the performance of ARK's ETFs, including ARKK, and the broader market, represented by SPY.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:24 pm

NXST

Nexstar Media Group, Inc. (NASDAQ:NXST) has extended the employment agreements of Sean Compton, President, Networks, and Dana Zimmer, President, Distribution and Strategy. Both executives have played key roles in expanding Nexstar's reach, particularly among digital and streaming users, and in growing the company's retransmission and carriage revenues. They have also overseen the growth of several significant assets, including The CW Network, NewsNation, Antenna TV, Rewind TV, and The Hill.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:22 pm

AMLI

TSXV:FRDY

American Lithium Corp. (AMLI) has decided to advance the next phase of work at Macusani within the company, deferring the spin out of its Macusani Uranium Project previously announced on June 7, 2023. As a result, it has terminated the definitive arrangement agreement with Friday's Dog Holdings Inc. (TSXV:FRDY). The company believes it will generate greater value for shareholders by postponing the spin out and continuing to advance the project within American Lithium.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:19 pm

CVM

CEL-SCI Corporation (NYSE:CVM) has announced its intention to sell shares of its common stock in an underwritten public offering. The company also plans to grant the underwriter a 45-day option to purchase up to an additional 15% of the number of shares sold in this offering to cover over-allotments. The proceeds from this offering will be used to fund the continued development of Multikine and for general corporate purposes. ThinkEquity is acting as sole book-running manager for the offering.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 8:07 pm

ARGX

argenx has announced the launch of a proposed global offering of $750 million of ordinary shares. The company plans to use the net proceeds from the offering for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 8:03 pm

CORN

SOYB

SPY

TUR

VGK

WEAT

Ukraine's President Zelenskiy has sent a letter to Turkey's Erdogan and UN's Guterres, calling for the continuation of the grain agreement. This could potentially impact the prices of grain-related ETFs.

Portfolio Pulse from Happy Mohamed

July 17, 2023 | 7:53 pm