Streetbeat News

Assets

LQR

David Lazar has expressed concerns that the NFT platform RareSips does not align with the vision of LQR House. He believes that the platform's operations consume resources that could be better utilized elsewhere.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:54 pm

PEGY

Pineapple Energy has entered into an at-the-market offering agreement with Roth Capital Partners, allowing the sale of shares up to $10 million. This move provides Pineapple Energy with flexibility in raising capital.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:08 pm

ONIT

Onity Group Inc. (NYSE:ONIT) plans a $475M Senior Notes offering to redeem outstanding debt. The proceeds will be used to redeem PHH Mortgage's 7.875% Senior Notes due 2026 and Onity's 12.00%/13.25% Senior Second Lien Notes due 2027.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 11:13 am

EXK

Endeavour Silver Corp. (NYSE:EXK) reports 77% completion of its Terronera Project in Mexico, with $258M spent. Key developments include nearing completion of the Upper Plant Platform and significant progress on the Lower Platform and Tailing Storage Facility. The project is on track for system commissioning by the end of Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:55 am

MOS

Mosaic Company (NYSE:MOS) reports recovery from recent hurricanes affecting its Florida operations and addresses a $30M risk due to a key customer's bankruptcy. Most operations have resumed, and the company expects to recover the majority of the outstanding balance through credit insurance.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:35 am

AUB

SASR

Atlantic Union Bankshares Corporation (NYSE:AUB) is set to acquire Sandy Spring Bancorp (NASDAQ:SASR) in a $1.6 billion all-stock merger, creating the largest regional bank in the lower Mid-Atlantic. The merger will enhance their presence in Northern Virginia and Maryland, with combined assets of $39.2 billion.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:05 am

JKS

JinkoSolar plans to reduce its stake in its subsidiary Jiangxi Jinko to 53.26% through a GDR offering on the Frankfurt Stock Exchange, potentially raising RMB 4.5 billion. The proceeds will fund projects in the U.S. and China, subject to regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 10:03 am

DRUG

Bright Minds Biosciences Inc. announced a non-brokered private placement to raise up to $35 million through the sale of common shares and pre-funded warrants. The funds will be used for drug development and general working capital.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 9:14 am

BLK

ETHUSD

The article discusses the growing trend of property tokenization as a viable alternative to traditional real estate investment, driven by high property prices in major cities. Tokenization allows for fractional ownership and increased liquidity of real estate assets, with blockchain technology providing 24/7 market access and transparency. The market is expected to grow significantly, with major players like BlackRock entering the space.

Portfolio Pulse from Aniket Verma

October 21, 2024 | 7:13 am

BTCUSD

Bitcoin whales, including those from the Satoshi era, have become active again, moving large amounts of Bitcoin after years of dormancy. This activity has sparked concerns about potential sell-offs, as Bitcoin's price approaches all-time highs.

Portfolio Pulse from Aniket Verma

October 21, 2024 | 6:09 am