Streetbeat News

Assets

INTC

MBLY

Intel has announced that it currently has no plans to divest a majority interest in Mobileye, reaffirming its belief in the future of autonomous driving technology.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:53 am

MUR

Murphy Oil Corporation plans to offer $600 million in senior notes due in 2032. This move is likely aimed at raising capital for corporate purposes, which could include debt refinancing or funding new projects.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:21 am

PLUG

Plug Power has launched an equipment leasing platform, aiming to raise over $150M in the near to mid-term. The platform will help Plug access capital and provide financing solutions to boost equipment sales. Initial transactions worth $44M have been signed with GTL Leasing.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:14 am

ACHL

Achilles Therapeutics has decided to discontinue its TIL-based cNeT program and close its Phase 1/2A CHIRON and THETIS trials. The company plans to refocus its strategy on exploring further engagement with third parties and has engaged BofA Securities for strategic financial advice.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:12 am

CGBS

GTE

VIVK

The article highlights three oversold energy stocks with potential for gains: Gran Tierra Energy, Vivakor, and Crown LNG Holdings. These stocks have low RSI values, indicating they may be undervalued and present buying opportunities.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 11:07 am

KN

Knowles Corporation has agreed to sell its Consumer MEMS Microphones business to Syntiant for $150 million. The deal includes $70 million in cash and $80 million in Syntiant preferred stock. Knowles plans to use the cash proceeds to reduce debt and repurchase its own stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:56 am

NCNC

noco-noco remains optimistic about opportunities in the carbon credit market and is expanding its battery assets to develop a smart battery system.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:37 am

LODE

Comstock has announced progress in its SBCC transactions, additional convertible debt financing of $3.5M, and new revenue contracts for its solar panel recycling business. The company also revealed an international equity partnership and a term sheet for $325M in funding.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:02 am

AHR

American Healthcare REIT has announced an upsized public offering of 17.4 million common shares at $23.55 per share. The proceeds will be used to purchase a minority interest in Trilogy Holdings, LLC, and to repay debt. The offering is expected to close on September 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:11 am

VST

Vistra has agreed to acquire a 15% equity interest in Vistra Vision LLC from Nuveen Asset Management and Avenue Capital for $3.248 billion in cash, making it the sole owner of its subsidiary. The deal will not affect Vistra's capital allocation priorities, including share repurchases and dividend payments.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 9:40 pm