Streetbeat News

Equity Actions

EVE

EVe Mobility Acquisition, a blank check company, has announced an extension of its deadline to complete an initial business combination from May 17 to June 17.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 9:23 pm

HSAI

Louis T. Hsieh has resigned from his roles as Global CFO and Board Director of Hesai Group (HSAI) for personal and family reasons, effective immediately. Norman Fan will take over the interim financial and reporting responsibilities.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 9:01 pm

HBNC

Horizon Bancorp has announced the appointment of John Stewart as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 9:01 pm

PYCR

Analysts have mixed views on Paycor HCM (NASDAQ:PYCR), with recent ratings ranging from bullish to indifferent. The average 12-month price target for PYCR has risen to $28.2, reflecting a 9.05% increase. Financial indicators show Paycor HCM's revenue growth outpaces industry averages, but profitability and efficiency metrics lag behind. The company's conservative debt management is noted positively.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 9:01 pm

HES

Recent evaluations by 7 financial analysts on Hess (NYSE:HES) show a mix of sentiments, with a shift towards neutrality in the last 30 days. The average 12-month price target for HES has been raised to $182.86, indicating a positive outlook based on revenue growth, net margin, and ROE performance. However, concerns are raised due to a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 9:00 pm

MPC

Marathon Petroleum announced a leadership transition, with Mike Hennigan moving from CEO to Executive Chairman of the Board, and Maryann Mannen being elected as the new President and CEO.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 9:00 pm

ALLO

Allogene Therapeutics has priced its common stock offering of 37,931,035 shares at $2.90 per share, aiming to raise gross proceeds of $110 million.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:50 pm

MPC

Marathon Petroleum announced a leadership transition effective August 1, 2024. Maryann T. Mannen will become CEO, replacing Michael J. Hennigan, who will become Executive Chairman. John Surma will serve as Lead Director.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:48 pm

JAMF

Jamf, affiliated with Vista Equity Partners, has initiated a public offering of 8.96 million shares of its common stock. Additionally, they plan to repurchase 2 million shares concurrently with the offering. The underwriters are also given a 30-day option to buy up to an additional 1.04 million shares from the selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:45 pm

LPA

Logistic Properties of the Americas (LPA) announced leadership changes with Annette Fernandez appointed as COO and Paul Smith as CFO. These appointments come as part of LPA's strategy to strengthen its team in alignment with its next growth phase following its NYSE listing in March 2024.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:38 pm