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FIX

Comfort Systems USA shares are trading higher after the company increased its stock repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:54 pm

POCI

Precision Optics Corporation (POCI) has announced the pricing of a $1.4 million registered direct offering. This move is expected to provide the company with additional capital for its operations and growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:31 pm

ESCA

Escalade, Inc. (NASDAQ: ESCA) announced that CEO and President Walter P. Glazer, Jr. will retire by the end of 2024. The Board of Directors will conduct a comprehensive search for his successor, considering both internal and external candidates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:22 pm

CAH

Cardinal Health Inc (NYSE:CAH) reported strong Q4 2024 earnings, beating expectations with a 29% increase in adjusted EPS and a 12% rise in sales. The company raised its fiscal year 2025 guidance and increased its stock buyback program by $250 million.

Portfolio Pulse from Vandana Singh

August 14, 2024 | 12:01 pm

TCBP

TC BioPharm shares are trading lower after the company announced the pricing of an offering of 2 million units at $1 per unit.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:56 am

AZEK

AZEK has entered into an accelerated share repurchase agreement to buy back $50 million of its Class A common stock. This move is likely aimed at boosting shareholder value and confidence.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:33 am

VSCO

Victoria's Secret announced preliminary Q2 2024 results that are expected to meet or exceed company guidance for net sales, adjusted operating income, and adjusted EPS. This announcement coincides with the appointment of a new CEO.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:26 am

SQSP

Glazer Capital, which owns 2.50 million shares of Squarespace, opposes the proposed acquisition of Squarespace by Permira Advisers, calling the $44.00 per share offer inadequate. Glazer Capital intends to vote against the transaction at the upcoming special meeting of Squarespace shareholders.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:19 am

LUV

Southwest Airlines is open to discussions with Elliott Management to drive shareholder value. The Board will evaluate Elliott's proposed nominees as part of its ongoing refreshment process. No immediate action is required from shareholders.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:16 am

LUV

Elliott Management announced its intention to nominate ten independent candidates for the Board of Southwest Airlines, aiming to restore the company's industry-leading position through board reconstitution, new leadership, and a comprehensive business review.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 10:29 am