Streetbeat News

Acquisitions Mergers

SBT

The Federal Reserve Board has approved the acquisition of Sterling Bank and Trust, F.S.B. by EverBank Financial Corp. This marks the final regulatory approval needed for the transaction.

Portfolio Pulse from

March 14, 2025 | 11:15 pm

BRK-B

Bill Ackman aims to create a modern-day version of Berkshire Hathaway, inspired by Warren Buffett's success. The article discusses Ackman's vision and strategy to emulate the legendary investment firm.

Portfolio Pulse from

March 14, 2025 | 9:30 pm

ENTBF

Entheon Biomedical Corp. announced the termination of its agreement to acquire Mentis AI, as Mentis AI has terminated the letter of intent. This development follows a previous announcement made in January 2025.

Portfolio Pulse from

March 14, 2025 | 9:15 pm

HNRG

IRBT

The 'Undercovered' Dozen series highlights lesser-covered stocks. iRobot faces challenges after Amazon deal collapse, leading to a selloff. Hallador Energy is seen as a strong buy due to a datacenter agreement.

Portfolio Pulse from

March 14, 2025 | 8:45 pm

HNNA

Hennessy Advisors, Inc. (Nasdaq: HNNA) has announced a definitive agreement to acquire STF Management's ETF offerings, expanding its portfolio. Jonathan Molchan will join as a portfolio manager.

Portfolio Pulse from

March 14, 2025 | 8:45 pm

BXXRF

ExGen Resources Inc. has completed the acquisition of the Spark North Lithium Project in Nevada, consisting of 111 claims over 2300 acres, pending final TSX Venture Exchange approval.

Portfolio Pulse from

March 14, 2025 | 8:15 pm

INTC

Intel's stock rose following the announcement of Lip-Bu Tan as the new CEO, due to his semiconductor and venture capital expertise. Intel is seen as a buying opportunity if Tan can improve cost efficiency and focus on key areas like profit margins, Foundry guidance, and AI market share.

Portfolio Pulse from

March 14, 2025 | 8:00 pm

ALK

Alaska Air Group's stock fell by 13.7% this week after other airlines reduced their guidance for the first quarter due to macroeconomic factors.

Portfolio Pulse from

March 14, 2025 | 7:45 pm

CDE

Coeur Mining is set to achieve record-breaking silver production this year, bolstered by its acquisition of the Las Chispas silver mine in Mexico.

Portfolio Pulse from

March 14, 2025 | 5:30 pm

PAYX

Paychex (PAYX) is experiencing positive momentum due to its strategic buyouts and flexible outsourcing services, which are helping the company navigate rising costs effectively.

Portfolio Pulse from

March 14, 2025 | 4:30 pm