Streetbeat News

Assets

NAUT

Nautilus Biotechnology reported a Q3 cash balance of $221.2 million, indicating a strong financial position.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:06 am

MAIA

MAIA Biotechnology has secured $2.44 million in a private placement to fund the manufacturing of THIO for its Phase 2 THIO-101 trial in non-small cell lung cancer (NSCLC) and for working capital.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 7:43 am

PLRZ

Polyrizon has announced a $4.2 million initial public offering, pricing 958,903 units at $4.38 per unit. The proceeds will be used for product development, debt repayment, and potential acquisitions.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:06 am

HSBC

HSBC reported an increase in its Q3 Common Equity Tier 1 Capital Ratio to 15.2%, up by 0.2 percentage points from Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:35 am

HSBC

HSBC reaffirms its 2024 financial guidance, maintaining targets for net interest income, return on tangible equity, and capital ratios. The bank plans to manage its CET1 capital ratio within 14% to 14.5% and aims for a 50% dividend payout ratio. HSBC is also progressing with the sale of its Argentina business.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 5:33 am

FMX

FEMSA has reached a definitive agreement with AMMI to divest its Plastics Solutions operations for 3.165 billion pesos, as part of its FEMSA Forward plan. The transaction is expected to close in the coming months.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 9:38 pm

FLEX

Flex Inc. (NASDAQ:FLEX) is trading at $35.25, with a 0.11% increase in the current session. Over the past month, the stock rose by 7.73%, and by 88.42% over the past year. Its P/E ratio of 17.61 is lower than the industry average of 33.17, suggesting potential undervaluation or weak growth prospects.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 8:31 pm

CDP

COPT Defense has acquired land near Des Moines, Iowa, for $32 million to develop a data center shell. This move is part of their expansion strategy in the data center sector.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:17 pm

NEE

NextEra Energy plans to sell $1.5 billion in equity units, with net proceeds of approximately $1.45 billion. The funds will be used for investments in energy projects and general corporate purposes, including debt repayment.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:16 pm

SBAC

TIGO

Millicom has entered into a long-term partnership with SBA Communications, involving the sale and leaseback of approximately 7,000 towers in Central America for $975 million, with potential additional earnings based on performance. SBA will also build up to 2,500 new sites.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 8:03 pm