Streetbeat News

Equity Actions

AUR

Aurora Innovation, Inc. (NASDAQ:AUR) has announced the pricing of its upsized public offering of 116,666,667 shares of Class A common stock at $3.60 per share, aiming to raise approximately $420 million. The offering is expected to close on or about August 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:01 pm

BTU

Peabody Energy has announced a $100 million share buyback program, which is likely to positively impact its stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:59 am

JPM

LLY

MSCI

NEE

NFLX

NOC

NVDA

PANW

Morgan Stanley Wealth Management has adjusted its portfolio weights, increasing investments in Eli Lilly, Northrop Grumman Corp, Nvidia, and MSCI, while decreasing investments in JP Morgan Chase & Co, Palo Alto Networks, Netflix, and NextEra Energy.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:56 am

PZZA

Papa John's has appointed Todd Penegor as its new President and CEO, effective immediately. Penegor, who was previously the CEO of The Wendy's Company, will also join the Board of Directors. Ravi Thanawala, the Interim CEO since March 2024, will continue as CFO.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:38 am

ACIW

ACI Worldwide shares surged after the company reported strong Q2 financial results, raised its FY24 revenue guidance, issued Q3 revenue guidance above estimates, and authorized a $400 million buyback.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:26 am

DRVN

Driven Brands has appointed Michael Diamond as Executive Vice President and CFO, effective August 9, 2024. Joel Arnao, who has been serving as Interim CFO since May 2024, will continue in his role as Senior Vice President, FP&A, Investor Relations, and Treasury.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:21 am

AUR

Aurora Innovations shares are trading lower after the company reported Q2 financial results and announced a $350 million proposed public offering.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 11:18 am

APTV

Aptiv has announced a new $5 billion share repurchase program, which includes an immediate $3 billion accelerated share repurchase. The program will be funded through cash on hand and proceeds from debt.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:49 am

MMM

3M has appointed Anurag Maheshwari as its new Executive Vice President and CFO, effective September 1, 2024. Teri Reinseth will serve as Interim CFO starting August 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:41 am

OCGN

Ocugen shares are trading lower after the company priced a 30,434,783 share offering at $1.15 per share.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:28 am