Viper Energy Announces Pricing of Secondary Common Stock Offering by Diamondback Energy, Inc. | VNOM Stock News
Wall Street PR
by Wall Street
1w ago
Rhea-AI Impact Rhea-AI Sentiment Rhea-AI Summary Viper Energy, Inc. (NASDAQ: VNOM) announces a Secondary Offering of 11.5 million shares of its Class A common stock by its parent company, Diamondback Energy, Inc., with expected gross proceeds of $402.5 million. The offering is managed by top financial institutions and includes an option for additional shares. The Secondary Offering is set to close on March 8, 2024. The announcement by Viper Energy, Inc. of a secondary public offering of 11,500,000 shares by its parent company, Diamondback Energy, Inc., is a significant event that w ..read more
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SoFi Technologies, Inc. Prices $750 Million Convertible Senior Notes Offering Due 2029 | SOFI Stock News
Wall Street PR
by Wall Street
1w ago
Rhea-AI Impact Rhea-AI Sentiment Rhea-AI Summary SoFi Technologies, Inc. announces pricing of $750 million convertible senior notes due 2029 in a private offering to qualified institutional buyers. The issuance of $750 million in 1.25% convertible senior notes due 2029 by SoFi Technologies, Inc. represents a significant capital-raising activity that warrants attention from investors and market analysts. Convertible notes are a form of debt that can be converted into equity, typically stock, at a later date under specified conditions, which can dilute existing shareholders but also ..read more
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Akero Therapeutics Announces Pricing of Public Offering of Common Stock | AKRO Stock News
Wall Street PR
by Wall Street
1w ago
Rhea-AI Impact Rhea-AI Sentiment Rhea-AI Summary Akero Therapeutics, Inc. (AKRO) announced the pricing of an underwritten public offering of 11,000,000 shares of its common stock at $29.00 per share, aiming to raise $319.0 million. The company has also granted underwriters an option to purchase additional shares. This move is part of Akero’s strategy to develop treatments for metabolic diseases. Positive Akero Therapeutics announced a public offering of 11,000,000 shares of common stock at $29.00 per share. The gross proceeds from the offering are expected to be $319.0 million. Und ..read more
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BetterInvesting™ Magazine Update on Motorola Solutions Inc. and Darling Ingredients Inc. | DAR Stock News
Wall Street PR
by Wall Street
1w ago
TROY, Mich., March 5, 2024 /PRNewswire/ — The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Motorola Solutions Inc (NYSE: MSI) as its “Stock to Study” and Darling Ingredients Inc. (NYSE: DAR) as its “Undervalued Stock” in the May 2024 issue for investors’ informational and educational use. “As indices and stock prices rise, investors on the sidelines may be nervous about missing out,” said Ken Zendel, chief executive officer of the National Association of Investors Inc., publisher of BetterInvesting. “Our magazine and website remind in ..read more
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DIRTT Announces Amendments to its Substantial Issuer Bid | DRTTF Stock News
Wall Street PR
by Wall Street
1w ago
Rhea-AI Impact Rhea-AI Sentiment Rhea-AI Summary DIRTT Environmental Solutions Ltd. announces amendments to its offer to purchase debentures, following SEC review. The Company aims to repurchase up to C$6,000,000 of its 6.00% convertible unsecured subordinated debentures due January 31, 2026, and up to C$9,000,000 of its 6.25% convertible unsecured subordinated debentures due December 31, 2026. The Issuer Bid remains subject to initial terms and conditions, with the expiration date set for March 22, 2024. Debentureholders are advised to review the updated documents carefully for tender ..read more
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WEBCO INDUSTRIES, INC. REPORTS FISCAL 2024 SECOND QUARTER RESULTS | WEBC Stock News
Wall Street PR
by Wall Street
1w ago
SAND SPRINGS, Okla., March 5, 2024 /PRNewswire/ — Webco Industries, Inc. (OTC: WEBC) today reported results for our second quarter of fiscal year 2024, which ended January 31, 2024. For our second quarter of fiscal year 2024, we had a net income of $0.3 million, or $0.42 per diluted share, while in our second quarter of fiscal year 2023, we had net income of $3.5 million, or $4.43 per diluted share.  Net sales for the second quarter of fiscal 2024 were $146.0 million, a 15.8 percent decrease from the $173.4 million of sales in the second quarter of fiscal year 2023.  For the fir ..read more
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NAPCO Security Technologies Announces Pricing of Secondary Public Offering of Up to 2,300,000 Shares of Common Stock by Selling Stockholder | NSSC Stock News
Wall Street PR
by Wall Street
1w ago
AMITYVILLE, N.Y., March 5, 2024 /PRNewswire/ — NAPCO Security Technologies, Inc. (NASDAQ: NSSC) (the “Company”), one of the leading manufacturers and designers of high-tech electronic security devices, wireless recurring communication services for intrusion and fire alarm systems as well as a leading provider of school safety solutions, announced today the pricing of the previously announced underwritten secondary public offering of 2,000,000 shares of its common stock at an offering price to the public of $40.75 per share (the “Offering”). The shares are being sold by the Company’s Chairman o ..read more
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Circulate Capital Chooses SS&C for Fund Administration | SSNC Stock News
Wall Street PR
by Wall Street
1w ago
Leading ESG investor Circulate Capital appoints SS&C as fund administrator to advance environmental impact Goals WINDSOR, Conn., March 5, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced its latest collaboration with Circulate Capital, a leading circular economy investment management firm in high-growth markets. SS&C GlobeOp will serve as the official fund administrator for Circulate Capital’s Singapore-based variable capital company (VCC) fund and its Luxembourg feeder fund and provide anti-money laundering support. “As an impact investment fi ..read more
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King Power Corporation Drives Operational Cost Reduction and Enhanced Customer Experiences with 8×8 | EGHT Stock News
Wall Street PR
by Wall Street
1w ago
Rhea-AI Impact Rhea-AI Sentiment (Very Positive) Rhea-AI Summary 8×8, Inc. announced that King Power Corporation integrated 8×8’s SMS API to optimize e-commerce operations, reducing operational costs by 30%. The partnership aims to enhance customer experiences, improve communication efficiency, and provide scalable support. King Power Corporation has seen improvements in SMS delivery rates and streamlined order processing, customer verifications, and notifications. The integration of 8×8’s SMS API by King Power Corporation represents a significant strategic move in the retail sec ..read more
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From Niche to National? Exploring the Growth Potential of a Upcoming Integrated Propane Provider
Wall Street PR
by Lisa Ray
2w ago
Propane, often overshadowed by flashier clean energy alternatives, remains a vital fuel source for millions of households and businesses across North America. Major players like Superior Plus Corp (TSX: SPB)(OTC: SUUIF), Suburban Propane Partners (NYSE: SPH), and Ferrellgas (OTC: FGPR) dominate the market, but a smaller player, Titan NRG (OTC: TTNN), is quietly making strides and raising questions: can it reach the scale of its larger counterparts? The Propane Landscape: Reliable and Versatile Propane, a clean-burning and versatile fuel, powers everything from home heating and cooking to indu ..read more
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