Streetbeat News

Assets

VST

Vistra Corp. (NYSE:VST) has priced upsized private offerings of $400 million in 6.950% senior secured notes due 2033 and $350 million in 7.750% senior unsecured notes due 2031. The secured notes are priced at 102.177% of face value, while the unsecured notes are at 102.00% of face value. Both offerings are part of the same series issued on September 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:33 am

ATMU

Atmus Filtration Technologies Inc. (NYSE:ATMU), a leader in filtration solutions, has opened a Global Capability Center in Pune, India. This center aims to boost innovation and collaboration in developing advanced filtration technologies, leveraging the company's 65+ years of experience.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:20 am

NEE

NextEra Energy's subsidiary, NextEra Energy Transmission, has been selected by PJM for its transmission proposal, the MidAtlantic Resiliency Link. This selection could signify potential growth and revenue opportunities for NextEra Energy.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 6:43 am

FPH

Five Point Holdings, LLC (NYSE:FPH) has initiated an exchange offer and consent solicitation for its 7.875% Senior Notes due 2025. The offer is to exchange these notes for new 10.500% Initial Rate Senior Notes due 2028. The terms and conditions are detailed in the exchange offer memorandum and consent solicitation statement dated December 11, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 6:36 am

BTC

BTT

ETH

BitTorrent's native token BTT has seen a significant surge of 194% over the past week, outperforming Bitcoin and Ethereum. The increase is attributed to the user growth of the Tron blockchain, which recently reached 200 million users. Tron founder Justin Sun highlighted this achievement and the potential for increased usage of stablecoins on the platform. Tron is now the second-ranked blockchain in terms of user numbers and total value locked (TVL), with $8.2 billion in DeFi protocols. BitTorrent's market cap is approximately $958 million, with a 540% increase in daily trading volumes. Meanwhile, HTX exchange, also associated with Sun, experienced a $258 million net outflow after resuming operations post a significant hack.

Portfolio Pulse from Mehab Qureshi

December 12, 2023 | 4:21 am

ADPT

ARKF

ARKK

ARKW

COIN

CRSP

GBTC

Ark Invest, led by Cathie Wood, sold over $12.8 million worth of Grayscale Bitcoin Trust (GBTC) shares through its ARK Next Generation Internet ETF (ARKW) as the crypto market shows signs of uncertainty. Additionally, Ark sold 13,634 Coinbase (COIN) shares through ARKK, ARKF, and ARKW, valued at $1.8 million. The sales occurred against a backdrop of fluctuating cryptocurrency prices, with Bitcoin recently crossing the $44K mark. Ark also increased its investments in the biotech sector, purchasing shares of CRISPR Therapeutics (CRSP) and Adaptive Biotechnologies (ADPT).

Portfolio Pulse from Benzinga Neuro

December 12, 2023 | 3:55 am

BTCUSD

DOGEUSD

ETHUSD

Bitcoin experienced its sharpest daily decline in nearly four months, leading to $236.04 million in liquidations across the crypto market. Ethereum and Dogecoin showed mixed performance. Analysts suggest Bitcoin could bounce back from the $39,500-40,000 level to above $42,000, potentially establishing a new range before year-end. The S&P 500 and Nasdaq Composite rose, with investors awaiting key inflation data that could influence Federal Reserve rate policy decisions.

Portfolio Pulse from Mehab Qureshi

December 12, 2023 | 3:12 am

AVAX-USD

Avalanche (CRYPTO: AVAX) has seen a significant increase in value, rising over 6% in the past 24 hours and 76% over the past week, outperforming the top 20 cryptocurrencies. Coinshares reported $2 million in inflows into Avalanche, and analyst Jacob Canfield expressed a bullish outlook on AVAX. Large transactions have been frequent, and JPMorgan and Apollo's interest in using Avalanche for asset tokenization may be supporting its price. Coincheck recently listed AVAX, and over $275 million in AVAX has been allocated to reward validators, emphasizing the community's commitment to a robust network.

Portfolio Pulse from Khyathi Dalal

December 11, 2023 | 10:25 pm

HAS

Hasbro has announced that its Providence, Rhode Island office is not being fully utilized and has decided to vacate the space when the lease expires in January 2025.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 10:06 pm

RCI

Rogers Communications Inc. has disclosed a private sale of its shares in Cogeco, which will reduce its debt leverage ratio by an additional 0.1X. This move is part of Rogers' efforts to improve its financial position by lowering debt.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:41 pm