Streetbeat News

Equity Actions

SNFCA

Security National Financial Corporation (NASDAQ:SNFCA) has announced a 5% stock dividend authorized by its Board of Directors. The dividend is for stockholders of record on July 5, 2024, and will be issued on July 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 5:34 pm

PUK

Prudential plc (NYSE:PUK) has announced a $2 billion share buyback program, leading to a 7.97% increase in its stock price. The company aims to complete the buyback by mid-2026 and expects its 2024 annual dividend to grow by 7-9%. Prudential's free surplus ratio is currently at 242%, well above its target range of 175-200%.

Portfolio Pulse from Lekha Gupta

June 24, 2024 | 4:24 pm

OMIC

Singular Genomics shares are trading lower after the company announced a 1-for-30 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:03 pm

STAF

Staffing 360 Solutions shares are trading lower after the company announced a reverse stock split at a ratio of 1-for-10.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:48 pm

GILD

Deep-pocketed investors have shown a bearish sentiment towards Gilead Sciences (NASDAQ:GILD) with significant options activity detected. The majority of the options trades are bearish, focusing on a price range between $60.0 and $74.0. Gilead Sciences is currently trading at $71.37, up by 0.99%, but RSI readings suggest it may be overbought. Analysts have mixed ratings with an average target price of $77.0.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 3:46 pm

NU

Investors Business Daily's SwingTrader has sold its position in Nu Holdings, indicating a potential bearish sentiment towards the stock.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:35 pm

KORE

KORE Group Holdings shares are trading lower following the announcement of a 1-for-5 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:32 pm

EFTR

eFFECTOR Therapeutics (EFTR) shares plummeted over 70% after the company announced it will terminate employees, wind down operations, and request delisting from Nasdaq. Craig R. Jalbert has been appointed to oversee the process.

Portfolio Pulse from Henry Khederian

June 24, 2024 | 3:26 pm

CVX

Chevron announced plans for Q2 2024 buybacks between $2.5 billion and $3 billion. The company expects full-year production, including asset sales, to range from 3,245 MBOE/d to 3,338 MBOE/d. Estimated Q2 upstream turnarounds and downtime are about 65 MBOE/d, mainly due to TCO and Gulf of Mexico assets. Permian production in H1 is expected to be down less than 2% from Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:13 pm

PUK

Prudential shares are trading higher following the announcement of a $2 billion buyback.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 2:30 pm