Streetbeat News

Assets

NFE

New Fortress Energy's initial FLNG asset offshore Altamira, Mexico, has successfully loaded its first full LNG cargo onto the Energos Princess, which is now en route to Europe.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:00 pm

AJG

ALL

DUK

GNRC

HD

LOW

SO

TRV

Hurricane Helene has caused significant destruction across six states, resulting in over 100 deaths and millions without power. The storm has impacted various industries, including utilities, home improvement, and insurance. Companies like Duke Energy, Southern Company, Lowe's, Home Depot, Generac Holdings, and several insurers are directly affected.

Portfolio Pulse from Chris Katje

September 30, 2024 | 2:56 pm

FXI

SPY

Beijing has adjusted the down payment ratio for first-time home buyers to no less than 15% and for second-home buyers to no less than 20%, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:44 pm

SATS

EchoStar Corp (NASDAQ:SATS) shares fell after announcing DirecTV will acquire its video distribution business, including DISH TV and Sling TV, through a debt exchange. The deal aims to improve EchoStar's financial profile and focus on its 5G network. EchoStar also secured $2.5 billion in financing and plans to issue $5.1 billion in new senior secured notes.

Portfolio Pulse from Adam Eckert

September 30, 2024 | 1:50 pm

TPG

Creative Planning, a leading independent wealth management firm, has received a substantial minority investment from TPG Capital, a global alternative asset management firm. The investment aims to enhance Creative Planning's service offerings and growth trajectory. Terms of the transaction were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:50 pm

PTEN

SLB

Patterson-UTI Energy, Inc. has formalized a joint venture with ADNOC Drilling and SLB in the UAE. Patterson-UTI will hold a 15% stake in Turnwell Industries LLC OPC, which will drill 144 unconventional wells for ADNOC.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:49 pm

RZLV

Apeiron Investment Group has reported a 10.4% passive stake in Rezolve AI as of September 24, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:36 pm

SOL

A trader turned a $1,331 investment into $9.5 million in 16 days by investing in MOODENG, a Solana-based meme coin. MOODENG's market cap peaked at $339 million before dropping to $205 million. The rise of MOODENG is part of a broader meme coin resurgence, with Dogecoin and Shiba Inu also seeing gains.

Portfolio Pulse from Murtuza Merchant

September 30, 2024 | 1:12 pm

HEPS

Hepsiburada, a Turkish e-commerce platform, announced a second issuance of asset-backed securities worth TRY 350 million. The funds will support its BNPL business and working capital.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:09 pm

SLRC

SLR Investment Corp. (NASDAQ:SLRC) has acquired an asset-based factoring portfolio and operations from Webster Bank for $115 million. This acquisition enhances SLRC's specialty finance platform by adding a seasoned portfolio and a team of professionals, increasing its exposure to first lien senior secured collateralized assets.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:09 pm