Streetbeat News

Assets

CSL

Carlisle Companies has announced that it is starting the process to sell Carlisle Interconnect Technologies (CIT), a company that designs and manufactures high-performance wire and cable, including optical fiber for various markets.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 9:00 pm

BDN

Brandywine Realty Trust (BDN) has announced several capital transactions totaling $103.3M and signed its first commercial lease at 3025 JFK Blvd in Schuylkill Yards. The transactions include the sale of an office building in Austin, Texas for $53.3M and a $50M construction loan for a development project in Pennsylvania. The company has also signed a 12.5-year lease with global law firm Goodwin for a commercial space in Philadelphia.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:47 pm

ATI

ATI is establishing an additive manufacturing facility to serve the US Navy, in support of BPMI contract which calls for advanced manufacturing methods. The investment is included in the company's existing capital expenditure guidance.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 8:44 pm

UVXY

VIXM

VIXY

A trader has bet $30,000 on the VIX index hitting 180 by February 2024, a move that would require a 1,100% surge from its current level of 15. The trader purchased 5,035 VIX options with a strike price of 180 and an expiration date of Feb. 14, 2024. The VIX index has never surpassed the 100 level since its introduction in 1993. Investors can gain exposure to the VIX index through ETFs such as ProShares Trust VIX Short-Term Futures ETF (VIXY), ProShares Trust VIX Mid-Term Futures ETF (VIXM), and ProShares Trust Ultra VIX Short-Term Futures ETF (UVXY).

Portfolio Pulse from Piero Cingari

September 07, 2023 | 8:42 pm

SEM

Select Medical Holdings Corporation (NYSE:SEM) has announced 12 executive management appointments, effective from October 1, 2023. John Saich and Thomas Mullin have been promoted to co-presidents, and Michael Malatesta has been named executive vice president and chief financial officer. The company aims to drive high-performance momentum and create a continuous trajectory for long-term success.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 8:33 pm

MDB

A significant investor has taken a bearish stance on MongoDB (NASDAQ:MDB), with 54% of investors opening trades with bearish expectations. The total amount for put options is $500,300 and for call options is $205,913. Whales have been targeting a price range from $300.0 to $580.0 for MongoDB over the last 3 months. The price of MDB is down -1.23% at $377.54. Morgan Stanley, Truist Securities, Piper Sandler, and Stifel have maintained their positive ratings on MongoDB, while RBC Capital has downgraded its action to Outperform.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 8:31 pm

GS

Goldman Sachs CEO, Solomon, stated that the company has grown its core banking and markets business over the last five years. He also expressed confidence in the firm's ability to continue growing its value.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:26 pm

GS

Goldman Sachs CEO, Solomon, has stated that the company has built a very large deposit platform and that consumer franchises have been positive for the company.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:23 pm

KRNL

Kernel Group Holdings, Inc. has confirmed that it has secured funding to extend the period to consummate its initial business combination.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 8:20 pm

MBIN

Bank of Pontiac and CBI Bank & Trust are set to acquire branches of Farmers-Merchants Bank of Illinois. Bank of Pontiac will acquire approximately $157 million in deposits and $22 million in loans, while CBI Bank & Trust will acquire approximately $62 million in deposits and $27 million in loans. The terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 8:17 pm