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SKM

SK Telecom Co Inc. (NYSE:SKM) shares are trading at $23.33, down 1.27%. The stock has decreased by 0.62% over the past month but increased by 18.84% over the past year. Its P/E ratio of 10.48 is lower than the industry average of 24.6, suggesting potential undervaluation or weak growth prospects.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 2:15 pm

FLCH

FXI

KWEB

MCHI

China is projected to surpass the US in advanced technology and military manufacturing by 2035, according to a report. This shift has implications for global geopolitics and economic balance, as China invests heavily in semiconductor manufacturing and circumvents US trade restrictions.

Portfolio Pulse from Benzinga Neuro

October 02, 2024 | 2:08 pm

CCI

Zayo Group and TPG are reportedly bidding for Crown Castle's fiber and wireless assets, which could be valued at nearly $10 billion.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 2:04 pm

CZR

Caesars Entertainment, Inc. plans to offer $1 billion in senior notes due 2032 to qualified institutional buyers. The proceeds will be used to redeem a portion of existing 8.125% senior notes due 2027 and cover related fees.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:15 pm

SMSI

Smith Micro's Founder and CEO, Bill Smith, is set to invest $3.0 million in the company's financing efforts. The total proceeds from two concurrent financial activities amount to $6.9 million.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:34 pm

ICCT

ICoreConnect shares rose following the announcement of its decision to divest its managed service provider division.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 11:54 am

NRGV

Energy Vault has announced its ownership of energy storage projects and the launch of project financing for select U.S. projects. This move is expected to enhance their position in the energy storage market.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 11:35 am

LLY

Eli Lilly announced a $4.5 billion investment to establish the Lilly Medicine Foundry, aimed at advancing manufacturing and drug development. The facility, opening in 2027, will enhance research and production capabilities, increasing Lilly's US capital commitment to over $23 billion since 2020.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 11:33 am

CARR

Carrier Global has completed the sale of its commercial refrigeration business to Haier for $775 million, including $200 million of net pension liabilities.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 11:21 am

ENSG

The Ensign Group has announced the acquisition of St. Joseph Rehabilitation and Care Center, an 83-bed skilled nursing facility, and Skyview Villa Assisted Living, a 20-bed assisted living facility. This acquisition expands Ensign's portfolio in the healthcare sector.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 10:03 am