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SDRL

Seadrill has increased its share repurchase authorization, allowing the company to repurchase up to an additional $500 million in stock over a two-year period once the current program is completed.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:27 am

NICE

NICE shares are trading lower after the company reported Q1 financial results and issued Q2 adjusted revenue guidance with its midpoint below estimates.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:26 am

SDRL

Seadrill shares are trading higher after the company announced an agreement to sell its Qatar jack-up fleet.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:26 am

JL

J-Long Group Limited (NASDAQ:JL) has received a deficiency notice from Nasdaq for not meeting the $1.00 minimum bid price requirement. The company has until November 11, 2024, to regain compliance by having its closing bid price meet or exceed $1.00 for at least ten consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:26 am

DOW

Dow (NYSE:DOW) has completed the mechanical setup of its new VORATRON™ Polyurethanes Systems adhesive and gap filler production line in Ahlen, Germany. This expansion will increase the production capacity tenfold to meet the growing demand in the e-mobility segment, particularly for electric vehicle battery assembly solutions.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:25 am

ZTO

ZTO Express (Cayman) shares are trading higher after the company reported better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:24 am

OPGN

OpGen's board has approved a 1-for-10 reverse stock split of its common stock. This move is typically aimed at increasing the stock price by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:23 am

SPIR

Spire Global shares are trading lower after the company reported mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:17 am

ASTS

AST SpaceMobile shares are trading higher following a definitive commercial agreement with AT&T and the release of mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:17 am

GLUE

Monte Rosa Therapeutics has announced the pricing of a $100 million public offering, which includes 10.638 million shares of common stock at $4.70 per share and pre-funded warrants at $4.6999 per warrant.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:16 am