Streetbeat News

Acquisitions Mergers

ALTM

Arcadium Lithium has acquired Li-Metal Corp's lithium metal business for $11 million. The acquisition includes intellectual property and a pilot production facility in Ontario, aiming to produce safer, lower-cost, and sustainable lithium metal.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 8:06 pm

INFN

Infinera will not be providing financial guidance during the pendency of its proposed acquisition by Nokia.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 8:05 pm

BECN

Beacon has expanded its service for roofing contractors in Vancouver by acquiring SSR Roof Supply. The acquisition includes branches in Burnaby and Surrey. The size of the deal was not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 8:01 pm

DNB

Dun & Bradstreet shares are trading higher following a report suggesting the company is exploring a sale amid takeover interest.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:57 pm

AMZN

CRWD

FTNT

GOOG

GOOGL

IBM

META

MSFT

PANW

S

Stephanie Link, chief investment strategist at Hightower Advisors, discusses the next big disruptors in the cybersecurity industry, including generative AI, quantum computing, and consolidation. Key companies mentioned include CrowdStrike, Palo Alto Networks, Fortinet, SentinelOne, IBM, Alphabet, Amazon, Microsoft, and Meta Platforms.

Portfolio Pulse from Surbhi Jain

August 02, 2024 | 6:20 pm

DNB

Dun & Bradstreet is exploring a potential sale amid takeover interest, according to sources. This development could significantly impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:08 pm

FLYW

Flywire shares are trading higher following a report suggesting the company is exploring a potential sale.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:39 pm

ACA

Arcosa shares are trading lower after the company reported Q2 financial results and announced the acquisition of Stavola Holding's construction materials business.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:20 pm

TIGO

Millicom International Cellular S.A. (NASDAQ:TIGO) shares rose after billionaire Xavier Niel increased his bid to $4.4 billion. Despite missing quarterly earnings estimates, the company highlighted significant progress in its transformation efforts aimed at increasing equity free cash flow.

Portfolio Pulse from Nabaparna Bhattacharya

August 02, 2024 | 4:12 pm

COST

GILD

MMC

ON

QS

Benzinga's Stock Whisper Index highlights five stocks that are gaining interest among investors: Gilead Sciences, QuantumScape, Marsh & McLennan Corporation, ON Semiconductor, and Costco Wholesale Corporation. Key updates include Gilead's HIV treatment data, QuantumScape's earnings miss and liquidity update, Marsh & McLennan's acquisition, ON Semiconductor's earnings beat and supply agreement, and Costco's membership fee hike.

Portfolio Pulse from Chris Katje

August 02, 2024 | 4:09 pm