Streetbeat News

Equity Actions

XXII

22nd Century Group (NASDAQ:XXII) has entered into definitive agreements for a registered direct offering of 11.2 million shares and warrants at $0.47 per share, expecting to raise $5.3 million. The proceeds will be used for the commercial expansion of VLN reduced nicotine content tobacco cigarettes, working capital, and general corporate purposes.

Portfolio Pulse from Vuk Zdinjak

June 20, 2023 | 12:00 pm

QIPT

Quipt Home Medical Corp. (NASDAQ:QIPT) has received final approval to list its common shares on the Toronto Stock Exchange (TSX) and will commence trading on June 21, 2023, under the symbol QIPT. The common shares will be delisted from the TSX Venture Exchange.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 11:36 am

ZVRA

Zevra Therapeutics will be added to the Russell 2000 and Russell 3000 indexes effective June 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 11:34 am

ON

RIVN

Rivian Automotive (RIVN) shares fell in premarket trading as the company is set to lose its position in the Nasdaq 100 Index due to its weighting falling below 0.1% for two consecutive months. ON Semiconductor (ON) will replace Rivian in the index.

Portfolio Pulse from Shanthi Rexaline

June 20, 2023 | 11:29 am

ABC

WBA

AmerisourceBergen (ABC) will repurchase 275,984 of its shares from Walgreens Boots Alliance (WBA) for approximately $50 million.

Portfolio Pulse from Charles Gross

June 20, 2023 | 11:14 am

QFIN

Qifu Technology Inc (NASDAQ:QFIN) announced a new share repurchase plan, allowing the company to buy back up to $150 million of its American depositary shares (ADS) or Class A ordinary shares over the next 12 months starting from June 20, 2023. QFIN's Q1 2023 revenues were $524.1 million, missing the consensus of $560.6 million.

Portfolio Pulse from Lekha Gupta

June 20, 2023 | 10:42 am

JD

JD.com's stock traded lower on Tuesday amid reports of its long-term vision to create seven listed firms with market values of at least $14 billion each. The company plans to pay out more than 3 trillion yuan in salaries and benefits for frontline staff over the next two decades and aims to have three companies with sales exceeding 1 trillion yuan and a net profit of more than 70 billion yuan.

Portfolio Pulse from Anusuya Lahiri

June 20, 2023 | 10:37 am

APTO

Aptose Biosciences has filed for the resale of up to 1.26 million common shares by a selling shareholder.

Portfolio Pulse from Charles Gross

June 20, 2023 | 10:03 am

QFIN

Qifu Technology's board of directors has approved a $150 million share repurchase plan for its American depositary shares or Class A ordinary shares over the next 12 months starting from June 20, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 9:15 am

BRK

ITOCF

MARUF

MITSY

MSBHF

SSUMF

Berkshire Hathaway has increased its stakes in Japan's top five trading houses, including Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co. Ltd, and Sumitomo Corp. The stakes now average more than 8.5%, and the aggregate value exceeds Berkshire-held public stocks in any other country outside the U.S.

Portfolio Pulse from Bibhu Pattnaik

June 19, 2023 | 3:11 pm