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U

Unity Software Inc. (NYSE:U) reported Q2 results with a smaller-than-expected loss and revenue that beat estimates. However, the company reduced its guidance for Q3 and the fiscal year, and announced a CFO transition.

Portfolio Pulse from Erica Kollmann

August 08, 2024 | 8:55 pm

FNA

Paragon 28 has appointed Chadi Chahine as the new Chief Financial Officer and Executive Vice-President of Supply Chain Operations, succeeding Kristina 'Krissy' Wright who has been serving as Interim CFO since April 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:48 pm

TXG

10x Genomics (NASDAQ:TXG) announced several executive changes. Justin McAnear will resign as CFO effective August 30, and Adam Taich has been appointed as the new CFO effective August 12. Additionally, Mennah Moustafa has been named Chief Commercial Officer effective August 1.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 8:33 pm

LGCL

Lucas GC shares are trading lower following the announcement of a $6 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 7:21 pm

BAC

Financial giants have made a bearish move on Bank of America (NYSE:BAC) with 21 unusual options trades. 57% of these trades were bearish, focusing on a price range between $23.0 and $42.0. BAC is currently trading at $38.13, up by 2.24%. Analysts have mixed ratings with a consensus target price of $44.4.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 6:09 pm

INDI

PRIMECAP Management Company has reported a 10.17% stake in indie Semiconductor (INDI) as of July 31, 2024, according to an SEC 13G filing.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:07 pm

BHC

Bausch Health's plan to spin off its eye-care subsidiary, Bausch + Lomb, is facing a standoff between major shareholders and creditors. Shareholders like Carl Icahn and Paulson & Co. are against a bankruptcy filing, while creditors, including Elliott and Apollo, support it to restructure over $22 billion in debt.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:06 pm

RYAAY

Ryanair has announced a follow-on buyback of up to €800M and expects to complete its current €700M share buyback by the end of August. The company will seek shareholder approval to increase its annual buyback authority to 15% of issued share capital. Improved cashflows are attributed to strong traffic growth and Boeing delivery delays. Ryanair faces no new aircraft deliveries from mid-2025 to mid-2027 and expects a short-term cashflow boost from a temporary cut in aircraft capex.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 3:04 pm

ACTU

Actuate Therapeutics, Inc (NASDAQ:ACTU) will start trading on the NASDAQ exchange on August 9, 2023. The IPO price is expected to be between $8.00 and $10.00 per share, with an insider lock-up period of 180 days ending on February 5, 2025. Actuate Therapeutics is a clinical-stage biopharmaceutical company focused on developing therapies for difficult-to-treat cancers.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 3:00 pm

SPB

Spectrum Brands shares are trading higher after the company reported better-than-expected Q3 revenue results and approved a $500 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:27 pm