Streetbeat News

Assets

IPDN

Professional Diversity Network has filed a $25 million mixed securities shelf with the SEC, allowing the company to offer various securities over time. This move provides the company with flexibility to raise capital as needed.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 4:36 pm

INTC

Intel shares rise as the company announces a $28 billion investment to build two new chip factories in Ohio.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 2:30 pm

INTC

Intel has announced a $28 billion investment to build two new chip factories in Ohio, aiming to meet the growing demand for advanced semiconductors. This project is expected to create thousands of jobs and support local economic growth.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:37 pm

JETS

SAVE

Spirit Airlines shares rose on Friday after announcing a $519 million aircraft sale to GA Telesis. The sale is expected to enhance liquidity by $225 million by 2025. Spirit also provided a positive update on its Q3 2024 operating margin and cost reduction plans. Despite recent financial challenges, including a blocked JetBlue acquisition and potential bankruptcy considerations, Spirit aims to end 2024 with over $1 billion in liquidity.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2024 | 1:33 pm

SAVE

Spirit Airlines shares rose following the announcement of the sale of 23 Airbus A320 aircraft and job cuts.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:46 pm

ENGN

enGene Holdings Inc. (NASDAQ:ENGN) has announced a private placement of 6,758,311 common shares at $8.90 per share, expecting to raise approximately $60 million. The financing is set to close on October 29, 2024, with participation from several investment firms.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:03 pm

SLE

Super League has announced a $1 million registered direct investment from Infinite Reality. This investment is expected to support Super League's growth and expansion plans.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:02 pm

BTCUSD

Max Keiser, a prominent Bitcoin advocate, has seen his Bitcoin investment grow by 6,800,000% since 2011. His early investment and continued support highlight Bitcoin's significant outperformance compared to traditional assets like gold and the S&P 500.

Portfolio Pulse from Aniket Verma

October 25, 2024 | 11:31 am

AEM

Agnico Eagle Mines has agreed to a private placement subscription for 33.8 million units of ATEX Resources at C$1.63 per unit, totaling $40 million.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 11:17 am

TPX

Tempur Sealy has successfully closed a $1.6 billion Term Loan B facility, which will mature in seven years. This financial move is significant for the company's capital structure.

Portfolio Pulse from Nabaparna Bhattacharya

October 25, 2024 | 10:56 am