Streetbeat News

Equity Actions

BLDR

Builders FirstSource has authorized a $1 billion share buyback program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:04 am

RCL

Royal Caribbean Cruises (RCL) has announced plans to enter into exchange agreements with certain holders of its 6.000% Convertible Senior Notes due 2025.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:44 am

HUT

Hut 8 Corp has announced that Sean Glennan will be the new CFO, effective August 21, 2024. The current CFO, Shenif Visram, is stepping down for personal, family-related reasons but will remain with the company until Glennan takes over to ensure a smooth transition.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:42 am

AAPL

GLD

QQQ

SPY

USO

U.S. stock markets closed sharply lower on Monday, with the Nasdaq and S&P 500 each falling over 3% due to weak economic data and a soft payrolls report. Apple shares dropped 4.8% after Berkshire Hathaway halved its stake. Asian markets showed mixed results, with Japan's Nikkei 225 closing drastically higher by 10.24%. European markets opened in the red, and commodities like crude oil and gold advanced.

Portfolio Pulse from Akanksha Bakshi

August 06, 2024 | 10:40 am

EPC

Edgewell Personal Care has announced significant changes to its leadership team, appointing Dan Sullivan as COO and Francesca Weissman as CFO. The company is also streamlining its international markets to enhance operational efficiency and drive growth.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:29 am

CLVT

Clarivate has announced that Matti Shem Tov will be appointed as the new CEO, effective August 9, 2024. Jonathan Gear will step down as CEO and board member, transitioning to a non-executive role until November 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:15 am

AIG

CRBG

Corebridge Financial has entered into a share repurchase agreement with American International Group (AIG), where AIG will buy Corebridge shares at $24.90 each.

Portfolio Pulse from charles@benzinga.com

August 06, 2024 | 10:10 am

EDU

New Oriental Education shares are trading higher after the company announced an upsized share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:06 am

YUMC

Yum China shares are trading higher following a Q2 earnings beat and the announcement of a CFO transition.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:05 am

MD

Pediatrix Medical has announced several key executive changes. Kasandra Rossi will succeed Marc Richards as EVP, CFO, and Treasurer effective October 1, 2024. Mary Ann E. Moore has been appointed Chief Administrative Officer, effective August 1, 2024, while Curtis B. Pickert, M.D. will transition to Chief Physician Executive on the same date.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:04 am