Streetbeat News

Assets

REKR

Rekor Systems has filed for a mixed shelf offering of up to $350 million, according to an SEC filing. This move allows the company to issue various types of securities, including common stock, preferred stock, debt securities, and warrants, providing flexibility in raising capital.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 8:09 pm

ADBE

ANET

CRWD

IREN

MARA

MU

NOW

NVDA

PATH

SNOW

The article highlights significant options activity in the Information Technology sector, focusing on trades involving NVDA, SNOW, IREN, MARA, MU, PATH, CRWD, ANET, ADBE, and NOW. These activities include both bullish and bearish sentiments, with various expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 5:35 pm

JPM

NYCB

New York Community Bancorp (NYSE: NYCB) reported a larger-than-expected loss for Q2, leading analysts to lower price targets and maintain neutral ratings. The company also announced the sale of its Flagstar mortgage servicing and third-party origination platform to Mr. Cooper for $1.4 billion. Despite positive deposit growth, the credit risk profile remains elevated.

Portfolio Pulse from Priya Nigam

July 26, 2024 | 4:26 pm

BMY

Bristol-Myers Squibb Co (BMY) has announced that its FY24 annual capital expenditures are expected to be about $1.4 billion.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 4:13 pm

DSX

Diana Shipping has signed a $167.3 million six-year secured term loan facility with Nordea Bank and has drawn the full amount immediately.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 1:26 pm

ONMD

OneMedNet Corporation (NASDAQ:ONMD) announced a $4.6M private placement with institutional investors, including affiliates of Off the Chain Capital and Discovery Capital Management. The funds will be used for working capital, general corporate purposes, and a $1.8M Bitcoin purchase.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:36 pm

PMN

ProMIS Neurosciences Inc. (NASDAQ:PMN) announced a private placement financing of up to $122.7 million to support the development of its novel antibody PMN310 for Alzheimer's Disease. The financing includes an upfront $30.3 million and up to an additional $92.4 million tied to the exercise of warrants. The proceeds are expected to support the company beyond the 6-month and 12-month data from the PMN310 Phase Ib study.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:34 pm

CASY

Casey's General Stores (CASY) is set to acquire Fikes Wholesale for $1.145 billion, with a net after-tax purchase price of $980 million. This acquisition will expand Casey's presence in Texas and Southern markets.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:16 pm

PFC

WSBC

WesBanco (NASDAQ: WSBC) and Premier Financial Corp. (NASDAQ: PFC) have announced a merger agreement where Premier shareholders will receive 0.80 shares of WesBanco for each Premier share. The deal is valued at approximately $959 million, or $26.66 per share, creating a regional financial services entity with over $27 billion in assets.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:13 pm

MEDS

TRxADE Health has completed a business combination with Scienture in a $103 million all-stock transaction. TRxADE acquired all of Scienture's assets in exchange for TRxADE shares.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 12:07 pm