Streetbeat News

Equity Actions

KFFB

Kentucky First Federal Bancorp (KFFB) announced the retirement of Chairman Tony D. Whitaker, effective August 1, 2024. Whitaker will step down as Chairman of both Kentucky First Federal Bancorp and First Federal Savings Bank of Kentucky.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:41 pm

YUMC

Yum China Holdings, Inc. (NYSE:YUMC) announced that its Chief Financial Officer, Andy Yeung, will resign for personal reasons effective September 30, 2024. Adrian Ding will be appointed as Acting CFO starting October 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:34 pm

YUMC

Yum China plans to open 1,500-1,700 new stores and make capital expenditures of $700M-$850M in FY24. The company also aims to return $1.5B to shareholders through dividends and share repurchases.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:32 pm

KRNL

KRNLU

KRNLW

Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) announced it will redeem all outstanding Class A ordinary shares at approximately $10.80 per share by August 5, 2024, as it will not complete an initial business combination within the required timeframe. The company will cease operations and liquidate following the redemption.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:23 pm

ADN

Advent Technologies Holdings, Inc. (NASDAQ:ADN) has entered into a Securities Purchase Agreement with an institutional investor for a $1M loan and a $2M revolving line of credit, contingent on the filing of a Registration Statement on Form S-1 for a public offering.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:12 pm

ZI

ZoomInfo has appointed Graham O'Brien as Interim CFO effective September 6, 2024. The current CFO, Cameron Hyzer, will transition to an advisory role until October 7, 2024. The company is actively searching for a permanent successor.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:09 pm

NRXP

HC Wainwright & Co. analyst Vernon Bernardino maintains a Buy rating on NRX Pharmaceuticals (NASDAQ:NRXP) and adjusts the price target to $19 from $2 following a 1-10 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 7:42 pm

AAPL

AVGO

BRK

TSM

Warren Buffett's Berkshire Hathaway has significantly reduced its Apple Inc (AAPL) holdings, selling nearly half of its shares over the first two quarters of 2024. Despite this, Apple remains Berkshire's largest public holding. Other hedge funds have mixed reactions: Jennison Associates and William Jones Wealth Management increased their Apple positions, while Coatue Management and Cerity Partners reduced theirs.

Portfolio Pulse from Aaron Bry

August 05, 2024 | 6:05 pm

TENK

TenX Keane Acquisition shares have been halted, and the stock has surged by 102.4%.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:11 pm

TENK

TenX Keane Acquisition shares were halted on a circuit breaker due to a significant price increase, with the stock now up 106.4%.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 5:04 pm