Streetbeat News

Acquisitions Mergers

NRG

NRG Energy is set to acquire six power generation facilities, adding 738 MW to its capacity in Texas. This move strengthens NRG's position as a leading power generator in the region.

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March 13, 2025 | 6:30 pm

SMC

Summit Midstream (SMC) reported a wider year-over-year Q4 loss, a dip in revenue, and a decline in EBITDA. The company is focusing on growth through acquisitions and investments planned for 2025.

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March 13, 2025 | 6:30 pm

ORCL

Oracle, led by Larry Ellison, is reportedly a leading contender to manage TikTok in a potential sale, as the Trump administration seeks to prevent a ban on the app.

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March 13, 2025 | 6:30 pm

UBS

UBS Group has received regulatory approval to sell a portion of its stake in its CSS China unit to BSAM, reducing its ownership to 15%.

Portfolio Pulse from

March 13, 2025 | 6:15 pm

TEM

Tempus (TEM) has announced the acquisition of Deep 6 AI to enhance its AI-driven clinical trial matching capabilities. This move aims to accelerate patient recruitment and revolutionize precision medicine.

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March 13, 2025 | 6:00 pm

FOA

Finance of America Companies Inc. is focusing on reverse mortgage loans, targeting the senior market. The company has streamlined its business, showing growth in reverse mortgage originations and introducing new products. The acquisition of American Advisors Group has strengthened its market position.

Portfolio Pulse from

March 13, 2025 | 6:00 pm

WCN

Waste Connections (WCN) is recommended for retention in portfolios due to its strategic acquisitions, optimal asset positioning, alignment with environmental trends, and consistent shareholder rewards.

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March 13, 2025 | 5:45 pm

META

The FTC is set to question Meta CEO Mark Zuckerberg in an antitrust trial aimed at reversing Meta's acquisition of Instagram. This is part of a broader effort to regulate Big Tech companies.

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March 13, 2025 | 5:45 pm

MUR

Murphy Oil's unit has acquired a Floating Production Storage and Offloading (FPSO) vessel for $125 million in the Gulf of America, which will support its offshore production expansion.

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March 13, 2025 | 5:30 pm

COM

Events.com has acquired the Temecula Valley Balloon & Wine Festival, expanding its portfolio of live experiences in Southern California. This acquisition aligns with the company's commitment to community impact and support.

Portfolio Pulse from

March 13, 2025 | 5:15 pm