Streetbeat News

Equity Actions

BRK-A

Warren Buffett did not purchase shares of his favorite stock for the first time in 25 quarters, indicating concerns about high stock valuations. This decision is significant for Wall Street as it reflects Buffett's cautious stance on current market conditions.

Portfolio Pulse from

November 08, 2024 | 10:30 am

DIS

GOOGL

INTC

META

NVDA

Nvidia has replaced Intel in the Dow Jones Industrial Average, signaling a shift towards mega-cap growth stocks. This change raises the possibility of Meta Platforms or Alphabet replacing Walt Disney in the future.

Portfolio Pulse from

November 08, 2024 | 9:30 am

INFA

Informatica has announced the pricing of a secondary public offering of 16 million shares of its Class A common stock at $25.50 per share. The shares are being sold by Permira and Canada Pension Plan Investment Board.

Portfolio Pulse from

November 08, 2024 | 8:00 am

IAG

International Consolidated Airlines Group (IAG), owner of British Airways, announced a €350 million share buyback following a 15.4% increase in operating profit for Q3, driven by a 7.9% rise in revenue.

Portfolio Pulse from

November 08, 2024 | 8:00 am

CMCL

Caledonia Mining Corporation Plc announced a significant shareholder change as BlackRock, Inc. crossed a notification threshold.

Portfolio Pulse from

November 08, 2024 | 7:15 am

MKA

Mkango Resources Ltd. announced a delay in the admission of 1,583,332 common shares due to administrative issues. The new admission date is set for 8 a.m. on a future date.

Portfolio Pulse from

November 08, 2024 | 7:15 am

IHG

InterContinental Hotels Group PLC announced the purchase of its own shares through Goldman Sachs International on the London Stock Exchange, following shareholder approval at the Annual General Meeting.

Portfolio Pulse from

November 08, 2024 | 7:15 am

PRPH

ProPhase Labs, Inc. has announced the pricing of its public offering of 4,170,000 shares of common stock at $0.72 per share, aiming to raise approximately $3 million. The offering is expected to close on November 12, 2024.

Portfolio Pulse from

November 08, 2024 | 5:00 am

MXGFF

M. Bruce Chernoff, through Alpine Capital Corp., has acquired 6,542,928 common shares of Maxim Power Corp., representing 12.9% of the company, by converting a $14.7 million loan into shares at $2.25 per share.

Portfolio Pulse from

November 08, 2024 | 4:00 am

MXGFF

W. Brett Wilson, through Prairie Merchant Corporation, has acquired 6,540,807 common shares of Maxim Power Corp. by converting a loan into equity, now holding 12.9% of the company.

Portfolio Pulse from

November 08, 2024 | 4:00 am