Streetbeat News

Equity Actions

PBR

Brazil's Petrobras Board has approved the exit of CEO Jean Paul Prates and CFO Sergio Caetano. Clarice Coppetti has been appointed as the interim CEO, and Carlos Alberto Rechelo Neto has been named the interim CFO.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:39 pm

SINT

SiNtx Technologies, Inc. (NASDAQ:SINT) shares are soaring after the company reported its first-quarter financial results. Despite missing earnings and sales estimates, the stock is up 124% on heavy trading volume. Shareholders approved a reverse stock split, which may be contributing to the surge.

Portfolio Pulse from Erica Kollmann

May 15, 2024 | 3:16 pm

BLK

The Public Investment Fund (PIF) has dissolved its share stake in BlackRock, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:12 pm

FCX

The Public Investment Fund (PIF) has dissolved its share stake in Freeport-McMoran, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:12 pm

DT

Dynatrace reported strong Q4 earnings, exceeding revenue and EPS expectations. The company announced a $500 million stock buyback and highlighted significant 7-figure deals. Despite the positive results, the stock traded slightly lower.

Portfolio Pulse from Anusuya Lahiri

May 15, 2024 | 3:11 pm

ZM

The Public Investment Fund (PIF) has dissolved its share stake in Zoom Video Communications, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:11 pm

HD

The Public Investment Fund (PIF) has dissolved its share stake in Home Depot, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:11 pm

META

The Public Investment Fund (PIF) has significantly reduced its stake in Meta Platforms Inc, cutting its holdings by 77.3% to 740,013 Class A shares.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:10 pm

NU

The Public Investment Fund has acquired 1.2 million Class A ordinary shares in Nu Holdings, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:09 pm

DOLE

Dole PLC (NYSE:DOLE) reported a strong Q1 FY24 with a 6.6% sales growth to $2.12 billion, meeting analyst estimates. The company saw higher volumes and pricing in bananas and pineapples, leading to an 8.7% rise in gross profit. Adjusted EPS of $0.43 beat the consensus estimate of $0.31. Dole also completed the sale of a 65% equity stake in Progressive Produce, generating $120.3 million in gross proceeds. The company declared a $0.08 per share dividend and maintained its full-year Adjusted EBITDA target.

Portfolio Pulse from Shivani Kumaresan

May 15, 2024 | 2:58 pm