Streetbeat News

Assets

CME

CME Group's (NYSE:CME) short percent of float has decreased by 6.6% since its last report, with 3.54 million shares sold short, representing 0.99% of all regular shares available for trading. It would take traders approximately 2.96 days to cover their short positions based on current trading volume. The company's short interest is lower than the average of its peer group, which stands at 3.64%.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 1:15 pm

BIOC

Biocept's President and CEO, Antonino Morales, has tendered his resignation effective October 13, 2023, according to an SEC filing. The company's assets will be liquidated and any claims paid in accordance with the code.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 1:00 pm

ALLO

Allogene Therapeutics, Inc. (NASDAQ:ALLO) has appointed Geoffrey Parker as its new Executive Vice President, Chief Financial Officer. Parker, who has nearly 40 years of leadership experience in biotech and banking, will oversee the company's financial operations and business strategy. Prior to joining Allogene, Parker served as CFO of Tricida, Inc. and Anacor Pharmaceuticals, and as a Managing Director at Goldman Sachs.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:46 pm

ETWO

Elliott Investment Management L.P. has reported a 9% stake in E2open Parent Holdings, as of October 13. Elliott believes that E2open's securities are undervalued and represent an attractive investment opportunity, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:41 pm

BEN

Venerable Holdings has announced that its new subsidiary, Venerable Investment Advisers, plans to engage investment advisory subsidiaries of Russell Investments and Franklin Resources (Franklin Templeton) to provide sub-advisory services for Venerable Variable Insurance Trust (VVIT). The mutual funds will serve as investment options for insurance company separate accounts and will bring the management of the mutual funds underlying Venerable Insurance and Annuity Company's variable annuity business in-house.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:36 pm

SPY

VGK

US Treasury Secretary Janet Yellen has expressed support for using the proceeds from Russian sovereign assets to aid Ukraine. The G7 is currently exploring options for this. The US is also focusing on cracking down on evasion of sanctions against Russia, with the EU being seen as a key partner.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:23 pm

SPY

VGK

US Treasury Secretary Janet Yellen has stated that the Biden administration will ensure 'robust' support for Ukraine is not interrupted. She also applauded the EU's plan for a €50B Ukraine facility, emphasizing that economic aid to Ukraine should be as concessionary as possible.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:22 pm

CTO

CTO Realty Growth has sold the Westcliff Shopping Center, a 134,750 square foot single community shopping center in Texas, for $14.8M. The sale represents an exit cap rate of 5.2% and generated a loss of approximately $0.9M.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:45 am

STRM

Streamline Health has received a termination notice from a legacy client, which was contributing approximately $4.5 million in annualized revenue. As a result, the company is accelerating its restructuring initiatives and suspending previous guidance related to Booked SaaS ACV. Updates on future expectations will be provided with the release of its fiscal third quarter 2023 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:10 am