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SRT

CSP Management Ltd has submitted a proposal to Startek's board to acquire all of Startek's shares of common stock at $3.80 per share in cash. The offer was submitted by CSP EAF II GP Limited, as General Partner of CSP Fund II LP (CSP EAF).

Portfolio Pulse from Happy Mohamed

July 18, 2023 | 8:25 pm

EXR

LSI

Extra Space and Life Storage stockholders have overwhelmingly approved the merger between the two companies. More than 99.9% of Extra Space votes and 99.7% of Life Storage votes were in favor of the merger. Upon completion, Life Storage stockholders will receive 0.895 of a newly-issued share of Extra Space common stock for each share of Life Storage common stock they own. The transaction is expected to close on July 20, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 8:22 pm

AUR

Aurora has announced a proposed public offering of $200M and a concurrent private placement of $600M of Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 8:17 pm

GTIM

Good Times Restaurants reported a 2.2% increase in Q3 same store sales for its Good Times brand, while its Bad Daddy's brand saw a decrease of 1.4%.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 8:16 pm

INTU

Intuit's (NYSE:INTU) short percent of float has fallen 4.03% since its last report, with 3.25 million shares sold short, which is 1.19% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Intuit. Compared to its peers, Intuit has less short interest as a percentage of float, with an average of 3.40%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:15 pm

NVO

Novo Nordisk's (NYSE:NVO) short percent of float has risen 8.33% since its last report, with 2.26 million shares sold short, which is 0.13% of all regular shares available for trading. It would take traders 1.81 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. Novo Nordisk's peer group average for short interest as a percentage of float is 3.71%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:15 pm

PAYX

Paychex's (NYSE:PAYX) short percent of float has fallen 9.45% since its last report, with 8.03 million shares sold short, which is 2.49% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Paychex. Compared to its peers, Paychex has less short interest as a percentage of float, with an average of 5.93%.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 8:15 pm

DIT

Amcon Distributing (AMEX:DIT) reported Q3 earnings of $6.59 per share, a 35.83% decrease YoY. However, the company's sales increased by 26.50% to $696.49 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 8:13 pm

F

RIVN

TSLA

Tesla Inc (NASDAQ:TSLA) is set to report Q2 financial results with analysts expecting revenue of $24.53 billion and 81 cents in earnings per share. The company has beaten or matched earnings per share estimates in each of the last nine straight quarters. The Cybertruck, Tesla's electric pickup truck, could be a major focus during the earnings report. Rival companies Ford Motor Co (NYSE:F) and Rivian Automotive Inc (NASDAQ:RIVN) have cut prices on their electric pickup trucks ahead of Tesla's earnings. Analysts have shared updated notes on the stock with varying price targets.

Portfolio Pulse from Chris Katje

July 18, 2023 | 8:12 pm

AMRN

Trading of Amarin Corporation's shares has been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 8:10 pm