Streetbeat News

Acquisitions Mergers

NRG

NRG Energy is set to release its Q3 earnings, with expectations of positive impacts from the integration of Vivint Smart Home, share repurchases, and debt reduction efforts.

Portfolio Pulse from

November 07, 2024 | 5:30 pm

STT

State Street Corporation (STT) is positioned for growth due to strategic buyouts, high interest rates, and improving fee income. However, challenges include high costs and a heavy reliance on fee-based revenues.

Portfolio Pulse from

November 07, 2024 | 5:30 pm

T

USM

United States Cellular has agreed to sell a portion of its spectrum licenses to AT&T for $1.02 billion. This deal involves licenses used for mobile phone signals and high-speed data services.

Portfolio Pulse from

November 07, 2024 | 4:45 pm

CDMO

Wohl & Fruchter LLP is investigating the fairness of Avid Bioservices' sale to GHO Capital Partners and Ampersand Capital Partners for $12.50 per share, which is below the $14.00 price target set by analyst Paul Knight of KeyBanc.

Portfolio Pulse from

November 07, 2024 | 4:45 pm

HTLF

Heartland Financial, a regional bank, offers preferred shares with a 7% yield and potential to reset at over 10.5% in July. The bank is conservatively managed, ensuring stable earnings, and is undergoing a merger that should not affect preferred shareholders.

Portfolio Pulse from

November 07, 2024 | 4:30 pm

JLL

JLL Income Property Trust's sponsor, Jones Lang LaSalle Incorporated (JLL), commits to a $100 million equity investment to accelerate growth amid a real estate recovery cycle.

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November 07, 2024 | 3:15 pm

STAF

Halper Sadeh LLC is investigating the fairness of the sale of Staffing 360 Solutions, Inc. to Atlantic International Corp. for 1.202 Atlantic shares per Staffing 360 share.

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November 07, 2024 | 3:00 pm

MEEEF

Happy Creek Minerals Ltd. has completed the sale of its Highland Valley Project to Metal Energy Corp, receiving $300,000 in cash and equity in Metal Energy as part of the transaction.

Portfolio Pulse from

November 07, 2024 | 2:45 pm

ALDS

APPlife Digital Solutions, Inc. has signed a binding agreement for a reverse merger with Silver Bear Sports Entertainment and Gaming, acquiring $150 million in real estate assets.

Portfolio Pulse from

November 07, 2024 | 2:30 pm

BSX

The Kidney Stone Management Market is projected to grow from USD 1.80 billion in 2023 to USD 2.84 billion by 2032, with a CAGR of 5.20%. Companies like Cook Group, Richard Wolf, Boston Scientific, and Dornier MedTech are actively engaging in mergers and acquisitions to increase their market share.

Portfolio Pulse from

November 07, 2024 | 2:30 pm