Streetbeat News

Equity Actions

SQSP

Squarespace announced it will go private through a definitive agreement with Permira. As a result, the company will not host earnings calls or provide financial guidance for the rest of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:11 am

ABG

Asbury Automotive Group (ABG) announced that it repurchased approximately 193,000 shares for $43 million in Q2 and approximately 592,000 shares for $130 million year-to-date through August 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:08 am

ALLG

Allego N.V. (NYSE:ALLG) announced its voluntary delisting from the NYSE, with the last trading day expected on August 22, 2024. The company will file a Form 25 with the SEC on August 12, 2024, to initiate the delisting process.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:07 am

ZYME

Zymeworks has filed for a common stock offering of up to $150 million, as indicated in their 424B5 filing.

Portfolio Pulse from charles@benzinga.com

August 02, 2024 | 11:06 am

ATMU

Atmus Filtration has updated its 2024 guidance, projecting revenues between $1.625 billion and $1.675 billion, and adjusted EPS between $2.15 and $2.40. The company also announced a $0.05 per share quarterly dividend and a $150 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:56 am

SQ

Block shares are trading higher following the company's Q2 financial results and the announcement of a $3 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:35 am

BAC

BRK

Warren Buffett's Berkshire Hathaway has sold over $3.8 billion worth of Bank of America shares in the past two weeks, reducing its stake to 12.1%. The sales come after a significant rise in Bank of America's stock price.

Portfolio Pulse from Benzinga Neuro

August 02, 2024 | 5:36 am

AMD

COIN

HOOD

PLTR

Cathie Wood's Ark Invest made significant trades involving Coinbase, Palantir, Robinhood, and AMD. Ark sold $14.7M worth of Coinbase shares, $8.5M worth of Palantir stock, and $5.72M worth of Robinhood shares. Additionally, Ark bought shares of AMD.

Portfolio Pulse from Benzinga Neuro

August 02, 2024 | 2:53 am

COR

WBA

Cencora, Inc. (NYSE:COR) announced a $250 million share repurchase from Walgreens Boots Alliance Holdings LLC. The repurchase will be made under Cencora's share repurchase program and the shares will be held in treasury.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:23 pm

COR

WBA

Walgreens Boots Alliance (WBA) has sold all its remaining unencumbered shares of Cencora (COR) for approximately $1.1 billion. The proceeds will be used for debt paydown and general corporate purposes. WBA's ownership in COR has decreased from 12% to 10%, but their long-term partnership remains unchanged.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:22 pm