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Assets

MTX

Minerals Technologies Inc. (MTX) announced that its subsidiaries, Barretts Minerals Inc. and Barretts Ventures Texas LLC, have filed for Chapter 11 bankruptcy to address liabilities associated with talc. The subsidiaries plan to operate normally during the bankruptcy process and intend to sell their talc assets. They have received a commitment of $30 million in debtor-in-possession financing from JMB Capital Partners Lending, LLC.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 9:14 am

BTCUSD

Bitcoin has surged past $28,000, reaching a six-week high due to significant accumulation among large wallets. Over 41,000 BTC have been amassed by major investors known as 'sharks' and 'whales' since September. The positive sentiment in the crypto market is also boosted by the potential approval of a spot Bitcoin ETF by the SEC. CoinGlass data shows that 29,385 traders faced significant liquidation in the past 24 hours, resulting in a total liquidation value of $114.21 million.

Portfolio Pulse from Mehab Qureshi

October 02, 2023 | 8:10 am

ICE

The Government Pension Investment Fund of Japan has chosen Intercontinental Exchange (ICE) to conduct an impact assessment of the fund's investment in impact bonds.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:12 am

CMI

Cummins Inc. has completed its acquisition of two Faurecia commercial vehicle manufacturing plants in the US and Netherlands. The total transaction value was €199.2 million, which Cummins financed using cash on its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:11 am

EFXT

Enerflex has announced the resignation of its CFO, Rodney D. Gray. The company has begun the search for his replacement.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:09 am

BONEUSD

ETHUSD

SHIBUSD

In September, over 2.3 billion Shiba Inu (CRYPTO: SHIB) tokens, valued at $17,173, were permanently removed from circulation, a decrease from August when 5.7 billion SHIB were burned. SHIB has seen a 3% increase in price, with trading volume surging to 50%, reaching $99 million. Two dormant cryptocurrency wallets received substantial withdrawals of SHIB tokens from exchanges Binance and MEXC. The renouncement process for the BONE (CRYPTO: BONE) token, the official token of Shibarium, is nearing completion.

Portfolio Pulse from Mehab Qureshi

October 02, 2023 | 6:50 am

PSHZF

Bill Ackman's firm, Pershing Square Holdings Ltd (OTC:PSHZF), has obtained regulatory approval for a novel investment vehicle, Pershing Square SPARC Holdings, aimed at investing in privately held companies with the intention of taking them public. Ackman has expressed interest in investing in X, a social media platform owned by Elon Musk. However, the likelihood of such a deal is low due to the platform's declining ad revenues and $13 billion debt under Musk's leadership.

Portfolio Pulse from Ramakrishnan M

October 02, 2023 | 6:35 am

EWU

The U.K. Nationwide House Price Index has reported a year-on-year decrease of 5.3%, which is slightly better than the estimated decrease of 5.7%, but matches the prior decrease of 5.3%.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 6:01 am

EWU

The U.K. Nationwide House Price Index (MoM) has reported a 0.0% change, performing better than the estimated -0.4% and the prior -0.8%.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 6:00 am

BBJP

DXJ

EWJ

The Japan Tankan Large Non-Manufacturers Index for Q3 has come in at 27, beating the estimate of 24 and the prior figure of 23.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:56 am