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SLNO

Soleno Therapeutics has announced the pricing of its $60M underwritten public offering of 3M shares at $20 per share. The company also offers options to purchase up to 450,000 shares at the public offering price. Additionally, Soleno has entered into a $60M securities purchase agreement.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:39 pm

KMX

CarMax reported mixed Q2 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:38 pm

ASTI

Ascent Solar Technologies has announced the launch of its best efforts public offering of 3,572,635 units at $2.88 per unit.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:37 pm

MU

Micron Technology reported its Q4 financial results and issued guidance, following which its shares traded lower.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:37 pm

ACN

Accenture's Q4 FY23 results have led to a 5% drop in its share price. The company reported a 4% Y/Y revenue growth to $15.98 billion, missing the consensus of $16.07 billion. Consulting revenues decreased by 2% Y/Y, while Managed Services revenues increased by 10% Y/Y. New bookings fell 10% Y/Y. The company raised its quarterly dividend per share by 15% and repurchased 3.2 million shares for $1.0 billion in Q4. For FY24, Accenture expects revenue growth of 2%-5% and to return at least $7.7 billion through dividends and share repurchases.

Portfolio Pulse from Lekha Gupta

September 28, 2023 | 12:36 pm

MXL

MaxLinear, Inc. (NASDAQ:MXL) has announced a new member of its Keystone 5nm PAM4 DSP family, KeystoneMM – MxL93684, which integrates VCSEL drivers with the DSP for reduced cost and high performance in active optical cables and multimode links. The product is available for sampling to key customers and will be released to full production in Q1 2024. The active optical cable market is projected to be worth $19 billion by 2030.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:35 pm

CHS

Chico's FAS has announced its acquisition by Sycamore Partners, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:35 pm

SPY

The USA GDP Price Index for Q2 has been reported at 1.7%, lower than the estimated 2.0% and significantly lower than the prior quarter's 4.1%.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:32 pm

ACN

Accenture reported mixed Q4 financial results and issued FY24 adjusted EPS guidance below estimates, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:32 pm

JGGC

Jaguar Global Growth Corporation I (NASDAQ:JGGC) and GLAAM, Co., Ltd. have announced that their previously announced business combination was approved by over 79% of Jaguar Global's shareholders. As a result, GLAAM and Jaguar Global shareholders will exchange their shares for shares in a new combined company named Captivision Inc. The new company's ordinary shares and warrants are expected to be listed on the Nasdaq Stock Market under the proposed ticker symbols 'CAPT' and 'CAPTW', respectively.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:32 pm