Streetbeat News

Equity Actions

IFIN

INFINT Acquisition Corp. has announced its decision to delist from the New York Stock Exchange (NYSE).

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:15 pm

SIRI

Sirius XM Holdings shares are trading higher after Berkshire Hathaway increased its stake in the company.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:14 pm

CB

FWONK

OXY

SIRI

Berkshire Hathaway's Q2 2024 13F filing reveals significant increases in positions in Occidental Petroleum, Liberty Media Corp, Chubb Limited, and Sirius XM. The company added 7.26 million shares of Occidental Petroleum, 4.52 million and 2.43 million shares of Liberty Media Corp, 1.11 million shares of Chubb Limited, and 96.20 million shares of Sirius XM.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:13 pm

ULTA

Ulta Beauty shares are trading higher after Berkshire Hathaway added a stake in the company.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:12 pm

BRK/A

BRK/B

HEI

PARA

SNOW

ULTA

Berkshire Hathaway's Q2 2024 13F filing reveals new positions in Ulta Beauty and Heico Corp, while completely exiting positions in Snowflake and Paramount Global.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:12 pm

ORGN

Origin Materials has maintained its 2024 revenue guidance of $25M - $35M, with an estimated $31.98M. The company also reaffirmed its net cash burn guidance for 2024 between $55M and $65M and stated that it does not require additional equity capital to achieve profitability.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:09 pm

NHI

National Health Investors (NHI) has commenced an underwritten public offering of 2 million shares.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:05 pm

MNPR

HC Wainwright & Co. analyst Sean Lee maintains a Buy rating on Monopar Therapeutics (NASDAQ:MNPR) and adjusts the price target to $6 from $2 following a 5-1 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:36 pm

FRSH

JD

UNH

Tiger Global Management has reported a share stake of 2.35 million shares in UnitedHealth Group, dissolved its share stakes in Maplebear and Freshworks, and reduced its share stake in JD.com Inc by 73.8% to 822,715 Class A Sponsored ADS, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:18 pm

EATZ

PSL

USFD

US Foods Holding Corp. (NYSE: USFD) shares are trading higher after announcing a $211 million share repurchase from Sachem Head Capital Management LP. The repurchase is part of a $1 billion program authorized on June 1, 2024. The company also reported strong Q2 sales and maintained its FY24 guidance. Investors can gain exposure via AdvisorShares Restaurant ETF (NYSE: EATZ) and Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ: PSL).

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 5:55 pm