Streetbeat News

Equity Actions

KR

Kroger has announced the commencement of exchange offers and consent solicitations for Albertsons Companies notes, with an exchange offer for ACI notes valued up to $7.44 billion.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:41 pm

NCNA

NuCana has filed for a mixed shelf offering of up to $150 million, according to an SEC filing. This move allows the company to raise capital through the sale of various types of securities.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:39 pm

UCB

United Community Banks, Inc. (NYSE:UCB) announced a 4% increase in its quarterly dividend to $0.24 per share and expanded its share repurchase program to $100 million, extending the authorization to December 31, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:36 pm

INTC

Intel has advised its stockholders to reject Tutanota's 'mini-tender offer' to purchase up to 1 million shares at $34 per share, as it is below the market price. Tutanota can extend the offer, delaying payment beyond the scheduled expiration date of September 4, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:36 pm

SNDA

Sonida Senior Living has announced a public offering of 4 million shares of its common stock.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:33 pm

NODK

NI Holdings announced that Michael J. Alexander has stepped down as President and CEO, effective August 13. Cindy L. Launer has been named as Interim CEO. The Board of Directors is starting the search for a new CEO with no definitive timeline.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:33 pm

SNDA

Sonida Senior Living has announced a public offering of 4 million shares of its common stock, with an option for underwriters to purchase an additional 600,000 shares. The company plans to use $102.9 million of the net proceeds to acquire eight senior living communities and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:31 pm

FLEX

Flex Ltd. has filed for a mixed shelf offering, according to an SEC filing. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:29 pm

BNGE

DIS

FERG

GK

IXP

JRNY

SYY

VOX

Trian Fund Management, led by Nelson Peltz, sold a significant portion of its stake in Disney but still retains a smaller position. The fund also made various other trades, including selling shares of Ferguson Plc and Sysco Corp., and buying shares of UHaul, Solventum Corporation, and Rentokil Initial. Disney's stock and related ETFs saw positive movement following the news.

Portfolio Pulse from Michael Juliano

August 15, 2024 | 8:25 pm

HRB

H&R Block shares are trading higher after the company reported better-than-expected Q4 financial results. Additionally, the company announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:22 pm