Streetbeat News

Assets

ADM

Archer-Daniels Midland (NYSE:ADM) has delivered an average annual return of 8.64% over the past 20 years, outperforming the market by 1.15% annually. A $100 investment in ADM 20 years ago would be worth $517.71 today. The company's current market capitalization stands at $39.87 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 2:00 pm

FANG

Over the past 10 years, Diamondback Energy (NASDAQ:FANG) has produced an average annual return of 12.29%, outperforming the market by 2.61% on an annualized basis. A $1000 investment in FANG a decade ago would be worth $3,183.46 today. Diamondback Energy currently has a market cap of $27.82 billion.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 2:00 pm

BLK

BlackRock (NYSE:BLK) has filed an S-1 form with the SEC to launch a spot Ether ETF, leading to a 2% surge in Ether's price. The firm also registered 'iShares Ethereum Trust' in Delaware, indicating a growing focus on cryptocurrency. BlackRock's move could increase mainstream adoption and market stability for cryptocurrencies, as it follows a trend of positive market reactions to ETF-related news and a shift in CEO Larry Fink's stance from skepticism to support.

Portfolio Pulse from Murtuza Merchant

November 16, 2023 | 1:50 pm

HYMC

Hycroft Mining has announced the discovery of a new system of significant quartz veining containing very high-grade silver mineralization. The vein spans 300 meters in strike length, indicating a potentially valuable resource for the company.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:02 pm

SHFS

SHF Holdings has successfully arranged a $3 million loan for a multi-tenant cannabis industrial building in California, indicating its involvement in the cannabis industry's real estate financing.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:43 pm

PINE

Alpine Income Property Trust (PINE) has agreed to provide a $24 million first mortgage secured by 41 retail properties across the U.S.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:37 pm

ST

Sensata Technologies Holding plc (NYSE:ST) has announced that its subsidiary, Sensata Technologies B.V., plans to fully redeem all of its outstanding $400 million 5.625% Senior Notes due in 2024. The redemption will comply with the indenture terms and the notice of redemption provided to the registered holders of the Notes.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:24 pm

LVTX

Lava Therapeutics reported having a total of $104.6 million in cash, cash equivalents, and investments as of September 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:10 pm

RNW

Renew Power (RNW) has successfully commissioned its first interstate transmission scheme project. This milestone follows investments from Norfund and KLP, which are expected to bolster the company's growth and capabilities in the renewable energy sector.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:02 pm

SNV

Synovus Financial has announced the early tender results of its tender offer to purchase up to $150 million of its securities. The company has also extended the early tender payment to apply through the expiration time of the offer.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:54 am