Streetbeat News

Assets

NEM

Newmont Corporation (NYSE:NEM) reported its Q3 results, beating revenue estimates with $4.605 billion. Despite this, shares fell 5% after-hours. The company produced 1.7 million gold ounces and expects higher Q4 production. Newmont is progressing on divestments and plans to reduce debt and repurchase shares.

Portfolio Pulse from Erica Kollmann

October 23, 2024 | 9:32 pm

ODV

Osisko Development announced a $50 million marketed private placement, offering 27,778,000 units at $1.80 per unit. This move is aimed at raising capital for the company's development projects.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:50 pm

TXT

Textron Inc. announced that its CFO, Frank Connor, will retire on February 28, 2025. David Rosenberg, currently VP of Investor Relations, will succeed him as CFO starting March 1, 2025.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:47 pm

CHDN

Churchill Downs Incorporated (CDI) plans to develop a $40M-$50M historical racing machine entertainment venue in Calvert City, Kentucky, set to open in early 2026. This will be CDI's eighth such venue in Kentucky, featuring 250 HRMs, a sports bar, a sportsbook, and a simulcast center.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:43 pm

BKU

BankUnited has filed for a mixed shelf offering, as per an SEC filing. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:41 pm

SRG

Seritage Growth Properties has made a voluntary prepayment of $25 million towards its $1.6 billion term loan facility, which is provided by Berkshire Hathaway. This move indicates a proactive approach in managing its debt obligations.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:38 pm

WULF

TeraWulf has announced a proposed private offering of $350 million in convertible notes. This move is aimed at raising capital for the company.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:03 pm

BIVI

BioVie Inc. has announced a registered direct offering and concurrent private placement, raising $6 million through the sale of 2.67 million shares at $2.25 per share. The company will issue unregistered warrants for additional shares, with proceeds intended for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:26 pm

BNO

USO

Oil prices are declining due to an increase in US crude inventories, which suggests a potential oversupply in the market.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:25 pm

BTCUSD

Bernstein analysts predict Bitcoin could reach $200,000 by 2025, driven by institutional demand and the introduction of spot Bitcoin ETFs. The report highlights Bitcoin's unique supply structure and the impact of halving events. Institutional adoption is expected to rise, with ETFs playing a key role.

Portfolio Pulse from Khyathi Dalal

October 23, 2024 | 6:24 pm