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APTV

Aptiv has filed for a mixed shelf offering, though the size of the offering has not been disclosed.

Portfolio Pulse from charles@benzinga.com

August 01, 2024 | 8:51 pm

ELUT

Elutia Inc. (NASDAQ:ELUT) has generated $15.7 million in gross proceeds from the exercise of outstanding warrants issued in a private placement financing completed in September 2023.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:47 pm

DKNG

DraftKings reported Q2 earnings with revenue of $1.10 billion, missing estimates but showing a 26% YoY increase. EPS beat expectations at 22 cents. The company announced a $1-billion share buyback and raised its full-year 2024 revenue guidance. However, adjusted EBITDA guidance was lowered.

Portfolio Pulse from Chris Katje

August 01, 2024 | 8:42 pm

VINE

Fresh Vine Wine Inc. (NYSE:VINE) and Notes Live, Inc. have mutually agreed to terminate their previously announced merger agreement. The merger was initially set to be completed by July 31, 2024, but conditions were not met, leading to the termination. Fresh Vine retains the shares of Notes Live's stock acquired earlier this year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:34 pm

SQ

Block's board has approved an increase in its share repurchase program, authorizing the purchase of up to an additional $3 billion of Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:26 pm

DKNG

DraftKings has announced a $1 billion inaugural share repurchase authorization, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:16 pm

WMG

Warner Music Group (WMG) has announced a reorganization of its recorded music operations. CEO Max Lousada will step down at the end of the fiscal year on September 30. Elliot Grainge will become the CEO of Atlantic Music Group starting in fiscal year 2025.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 7:58 pm

APTV

Aptiv PLC (NYSE:APTV) shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results. Despite missing sales estimates and lowering its 2024 revenue guidance, the company announced a $5 billion share repurchase program.

Portfolio Pulse from Dylan Berman

August 01, 2024 | 6:47 pm

BA

Boeing shares are trading lower after the company reported worse-than-expected Q2 results and appointed Kelly Ortberg as the new CEO. The stock initially gained following the report but is now lower.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:19 pm

CTVA

Corteva shares are trading lower after the company reported worse-than-expected Q2 revenue results and announced the retirement of CFO Dave Anderson.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:05 pm