Streetbeat News

Equity Actions

PCSC

Perceptive Capital Solutions (PCSC) has begun trading at $10.06 per share following its IPO, which was priced at $10 per share.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:44 pm

CAT

Caterpillar Inc. (NYSE:CAT) has announced an 8% increase in its quarterly dividend to $1.41 per share and expanded its share repurchase authorization by $20 billion, allowing for up to $21.8 billion in stock buybacks.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:33 pm

PCSC

Trading halt status was updated at 10:10:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 2:10 pm

GME

Citron Research has closed its short position in GameStop (NYSE:GME), citing respect for the market's irrationality despite not being bullish on the company's fundamentals. GameStop's stock surged by 22.80% following the news. The company has a strong cash position and has raised significant capital through share sales, although concerns remain about its revenue growth strategies.

Portfolio Pulse from Anusuya Lahiri

June 12, 2024 | 1:45 pm

PCSC

Perceptive Capital Solutions Corp (PCSC) has announced the pricing of its $75 million IPO, offering 7.5 million Class A ordinary shares at $10 per share. The shares will be listed on Nasdaq under the ticker symbol 'PCSC' starting June 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:41 pm

FITB

Fifth Third Bancorp has entered a new share repurchase agreement with Morgan Stanley, planning to buy back approximately $125 million of its outstanding common stock, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:17 pm

MMS

Maximus has announced that its board has approved an expansion of its stock purchase program up to $200 million, which includes approximately $6 million remaining from the existing program.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:15 pm

TTWO

Take-Two Interactive Software, Inc. (TTWO) has announced the pricing of a 2,830,084 share offering by Embracer Group at $154.50 per share.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:14 pm

TNXP

Tonix Pharmaceuticals has announced a public offering of 3,753,558 shares of common stock at a price of $1.065 per share, raising $4 million.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:04 pm

GFL

ADW Capital Management has sent a letter to the board of GFL Environmental, urging them to initiate a strategic review process. This move is aimed at enhancing shareholder value and exploring potential opportunities for the company.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 1:03 pm