Streetbeat News

Equity Actions

NOG

Northern Oil and Gas (NOG) plans to increase its Q3 dividend by 5% to $0.42 per share. The company repurchased 895,076 shares in Q2 2024 and 1,444,432 shares in H1 2024, allocating $55 million to share repurchases and $80 million to dividends year-to-date. NOG's Board approved a new $150 million stock repurchase authorization in July 2024.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 11:08 am

ITRG

Integra Resources Corp. (NYSE: ITRG) and Florida Canyon Gold Inc. (TSXV: FCGV) have announced a merger valued at C$95 million. The merger aims to boost gold and silver production, creating a diversified producer with immediate gold production of approximately 70,000 ounces per annum. FCGI shareholders will receive 0.467 of an Integra share for each FCGI share held. The deal includes a C$20 million private placement financing to fund mine optimization and project advancements.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 10:43 am

PR

Permian Resources has announced a public offering of 26,500,000 shares of common stock.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 10:40 am

L

Loews Corporation (NYSE:L) announced that President & CEO James Tisch will retire on December 31, 2024, and will be succeeded by Benjamin Tisch. James Tisch will become Chairman of the Board, and Benjamin Tisch and Alexander Tisch will join the Board. Andrew Tisch and Jonathan Tisch will transition to Directors Emeriti.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 10:03 am

LILM

Lilium has filed for a mixed shelf offering of up to $250 million, which could include various types of securities such as common stock, preferred stock, debt securities, and warrants.

Portfolio Pulse from charles@benzinga.com

July 29, 2024 | 10:03 am

MCD

NDAQ

ON

PBI

SFM

Key stocks to watch on Monday include McDonald's, Nasdaq, ON Semiconductor, Pitney Bowes, and Sprouts Farmers Market. McDonald's and ON Semiconductor are set to release earnings, while Nasdaq announced a secondary offering. Pitney Bowes saw a significant rise after selling part of its e-commerce business, and Sprouts Farmers Market is also expected to report earnings.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 7:56 am

LUXH

LuxUrban Hotels has announced the pricing of its public offering of approximately $1.74 million, consisting of 11,573,333 common shares at $0.15 per share.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 5:48 am

ALRN

Aileron Therapeutics has entered into an equity distribution agreement, allowing the company to offer and sell shares of its common stock up to $50 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 8:38 pm

OPTT

PGNT

Paragon Technologies, a major shareholder of Ocean Power Technologies (OPTT), advises shareholders to vote against OPTT's proposal to increase authorized shares by 100 million. OPTT's fiscal 2024 results show a loss of $27.4 million, up from $26.3 million in fiscal 2023.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 8:34 pm

MCAA

Mountain & Co I Acquisition Corp announced that Alexander Hornung resigned as CFO on July 22, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 8:28 pm