Streetbeat News

Assets

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

BRK

A business card signed by Warren Buffett and Charlie Munger sold for $15,115 at an auction, far exceeding its estimated value of $1,500. The high demand for such memorabilia is driven by the legendary status of Buffett and Munger in the financial community. With Munger's recent passing and Buffett's advancing age, these autographs are becoming rarer and more valuable.

Portfolio Pulse from Chris Katje

October 19, 2024 | 3:00 pm

CVGRF

City View Green Holdings Inc., a Canadian cannabis edibles company, plans to raise $730,000 through a private placement. The funds will be used for general working capital. The company has also entered a marketing agreement with Outside The Box Capital Inc.

Portfolio Pulse from Nina Zdinjak

October 18, 2024 | 8:46 pm

FRAF

Farmers and Merchants Trust, a unit of Franklin Financial Services, has completed a portfolio shift and expects to recover a $3.4 million after-tax loss in approximately 2.3 years, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:11 pm

EUDA

Euda Health Holdings has filed with the SEC for a $100 million mixed shelf offering, which allows the company to issue various types of securities over time. This move provides Euda with flexibility to raise capital as needed.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:10 pm

AFRM

AIG

BLK

COIN

ERIE

SOFI

WFC

The article highlights unusual options activity for several financial stocks, indicating potential trading opportunities. Notable mentions include bearish sentiment for SOFI, WFC, AFRM, GS, ERIE, and BLK, while AIG, COIN, MS, and C show bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 5:35 pm