Streetbeat News

Equity Actions

CNM

Core & Main shares are trading higher following the announcement of a $500 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:43 pm

PBR

Petrobras CEO Chambriard announced that changes in the executive team are expected by next week.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:06 pm

AIRJ

Montana Technologies shares are trading higher following the announcement of subscription agreements for a private placement financing.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 4:01 pm

FITB

Fifth Third Bancorp shares are trading higher after the company announced a new share repurchase deal with Morgan Stanley.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:50 pm

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