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EWU

The U.K. Producer Price Index (PPI) Input for January showed a decrease of 0.8%, compared to the estimated 0.1% and a revised prior of -0.4%. This indicates a larger than expected decrease in the cost of goods and services purchased by producers in the U.K.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 7:02 am

EWU

The U.K. Consumer Price Index (CPI) for January showed a decrease of 0.6%, which was more than the estimated decrease of 0.3% and a reversal from the prior month's increase of 0.4%.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 7:01 am

FCPT

FCPT has acquired a primary care property operated by Baptist Medical Group for $9.7 million. The property, part of the Baptist Memorial Health Care system, is located in Tennessee and is under a long-term, triple net lease with about 10 years remaining. The deal was completed at a 6.9% cap rate on rent, excluding transaction costs.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:33 am

VBIV

Brii Biosciences has agreed to acquire VBI Vaccines' intellectual property rights for BRII-179 (VBI-2601) and plans to initiate a technology transfer to expand clinical and commercial supplies. The agreement includes a $2.5 million promissory note initially, potentially increasing to $10 million, and an additional $8 million note upon completing certain activities. Brii Biosciences will also take control of VBI's Rehovot-based manufacturing facilities for $10 million cash after June 30, 2024, and will become VBI's commercial supplier for PreHevbrio and PreHevbri.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:29 am

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrencies surged despite higher-than-expected U.S. inflation data, with Bitcoin, Ethereum, and Dogecoin experiencing gains. The inflation data led to a decline in stocks and a spike in Treasury yields. Analysts predict a potential significant rally for Bitcoin, suggesting it could reach up to $600,000 with widespread adoption.

Portfolio Pulse from Mehab Qureshi

February 14, 2024 | 2:47 am

BA

GD

HON

ITA

LMT

PPA

XAR

The U.S. Senate passed a $95-billion aid package for Ukraine and Israel, with significant funds allocated for defense spending and humanitarian aid. The bill, facing opposition in the House, could impact defense stocks and ETFs like Lockheed Martin, Honeywell International, General Dynamics, Boeing, and aerospace & defense ETFs (ITA, PPA, XAR) due to the allocation of $13.8 billion for U.S. weapons and munitions purchases.

Portfolio Pulse from Natan Ponieman

February 13, 2024 | 11:00 pm

CSGP

CoStar Group has acquired a 552,000 square foot office building at 1201 Wilson Boulevard in Arlington, Virginia. The company will relocate its Washington, D.C. employees to this new location and benefit from nearly $7 million in tax and economic incentives. The terms of the purchase were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 10:59 pm

ES

Eversource Energy is considering the sale of its water distribution business, which saw a decrease in earnings from $36.8 million in 2022 to $33.1 million in 2023. The fourth quarter earnings also dropped from $7.4 million in 2022 to $5.7 million in 2023, attributed to higher depreciation, O&M, and interest expenses.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 10:54 pm

ES

Eversource Energy has signed a definitive agreement to sell its 50% ownership in South Fork Wind and Revolution Wind to Global Infrastructure Partners. The deal will provide Eversource with approximately $1.1 billion in cash proceeds upon closing and allows it to exit these projects, albeit with some retained cost-sharing obligations for Revolution Wind's construction.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 10:46 pm

TSLA

Tesla Inc is expanding its charging network by planning the world's largest Supercharger station in Kern County, California, with 164 charging stalls, including 16 pull-through stalls and solar canopies. This move aligns with Tesla's strategy to integrate solar power into its charging networks, aiming for a sustainable transportation ecosystem and catering to the needs of drivers with trailers or larger vehicles.

Portfolio Pulse from Benzinga EV Insights

February 13, 2024 | 10:11 pm