Streetbeat News

Assets

KKR

KKR announced over $535 million in income from monetization activities from July 1 to September 23, 2024. The Asset Management segment contributed over $450 million, while the Strategic Holdings segment added $85 million. The income was driven by public secondary sales, strategic transactions, dividends, and interest income.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:20 pm

ELLO

Ellomay Capital has entered an agreement to sell Investment Tax Credits from four Texas solar projects, expecting to receive $19M, which is 32% of the total portfolio costs. The projects are expected to be completed by mid-2025, allowing Ellomay to retain all operating profits.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:19 pm

GHI

Greystone Housing Impact Investors LP (NYSE:GHI) has listed its Vantage at Hutto property for sale, with an $11.8M investment since 2020. The sale is expected in Q1 2025, but market conditions could affect timing and price.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:18 pm

ALEX

Alexander & Baldwin, Inc. (NYSE:ALEX) has acquired an industrial property in Pearl City, O'ahu for $29.7 million. The property is a fully leased food distribution facility, enhancing A&B's industrial footprint in Central O'ahu.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:08 pm

SNOW

Snowflake's stock is declining following the announcement of a $2 billion private placement of senior convertible notes.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:07 pm

CCEC

Capital Clean Energy has entered into agreements to sell five container sister vessels, expecting a total book gain of $118.4 million. The vessels will be delivered to new owners between November 2024 and January 2025.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:06 pm

SNOW

Snowflake has announced a $2.0 billion private placement of convertible senior notes. The proceeds will be used for capped call transactions, share repurchases, and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:05 pm

EDUC

Educational Development Corporation's shares rose following the announcement of a sale and leaseback agreement for its headquarters and warehouse facility.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:03 pm

EDUC

Educational Development Corporation (EDC) has announced a sale and leaseback agreement for its headquarters and warehouse facility, the Hilti Complex, for $38.25 million. The proceeds will be used to pay off existing loans. EDC will continue to occupy the space under a new lease agreement.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:02 pm

ABAT

American Battery Technology shares fell despite the company being selected for a $150 million competitive grant.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:55 pm