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DE

Deere & Company (NYSE:DE) has seen a 6.32% increase in short interest since its last report, with 2.91 million shares sold short, representing 1.01% of available shares. It would take about 2.42 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, Deere has less short interest compared to its peer group average of 2.37%. The rise in short interest does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 3:15 pm

BTCUSD

ETHUSD

IMXUSD

TWTUSD

Cryptocurrency Ethereum (ETH) surpassed the $2,000 level, while Immutable (IMX) and ORDI were among the top gainers in the last 24 hours. The global crypto market cap increased by 2.3% to $1.41 trillion. Bitcoin (BTC) also saw a rise, trading above $37,000. Trust Wallet Token (TWT) experienced the largest loss during the same period.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 2:36 pm

DMA

Destra Multi-Alternative Fund (DMA) has updated its portfolio holdings disclosure practices. The Fund will now disclose its complete portfolio holdings on its website at the end of each month with a minimum lag time of ten calendar days. Previously, only the top 10 holdings were disclosed monthly, and full portfolio holdings were released quarterly with up to a 60-day lag.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 2:04 pm

COCH

Envoy Medical has announced the publication of an additional patent for its implantable cochlear systems. The patent, titled 'Implantable Cochlear System with Inner Ear Sensor', is part of Envoy's growing technology portfolio aimed at serving the under-penetrated hearing implant market.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 2:01 pm

COP

ConocoPhillips (NYSE:COP) has received judicial approval for its $7.5 billion Willow oil project in Alaska, which is estimated to hold around 600 million barrels of oil. The project, which faced opposition from environmental advocates, is expected to produce approximately 180,000 barrels of oil daily. The company is preparing for on-site operations, which could start as early as the upcoming winter season.

Portfolio Pulse from Shivani Kumaresan

November 10, 2023 | 1:54 pm

NVO

Novo Nordisk plans to invest over $6 billion starting in 2023 to expand its manufacturing facilities in Denmark to meet increasing demand for its weight-loss products and other drugs. The investment will create additional capacity across the entire global value chain from manufacturing active pharmaceutical ingredients (API) to packaging. The company also plans to acquire more companies with drugs in the early- to mid-stages of development through 'bolt-on' deals.

Portfolio Pulse from Vandana Singh

November 10, 2023 | 1:34 pm

LILA

Liberty Latin America (LILA) has signed an agreement with Phoenix Tower International to monetize approximately 1,300 mobile tower assets. The total proceeds from the deal are expected to be $407 million, which will be used to reduce debt and further invest in businesses. The transaction includes sites across six markets in the Caribbean and Panama, unlocking significant value at an accretive cash flow multiple with $355 million of expected proceeds.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:30 pm

LILA

Liberty Latin America Ltd. (NASDAQ:LILA) has signed an agreement with Phoenix Tower International (PTI) to monetize approximately 1,300 mobile tower sites across Panama, Jamaica, The Bahamas, Puerto Rico, Barbados, and the British Virgin Islands. The deal, worth $355 million, also includes arrangements to extend coverage with an additional 500 sites over the next five years, increasing total proceeds to $407 million. The net proceeds are expected to be used to reduce debt and further invest in the company's businesses.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:26 pm

SHW

Sherwin-Williams's (NYSE:SHW) short percent of float has fallen 5.3% since its last report, with 2.95 million shares sold short, which is 1.25% of all regular shares available for trading. It would take traders 1.55 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 4.00%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 1:15 pm

LGVN

Longeveron (LGVN) has reported Q3 cash and short-term investments of $2M, which is expected to cover expenses and capital requirements until the first quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 12:34 pm