Streetbeat News

Assets

MEIP

Mei Pharma has announced that Justin J. File will be appointed as CFO and Corporate Secretary, effective from August 1, 2023.

Portfolio Pulse from Charles Gross

July 27, 2023 | 9:30 pm

FSLR

First Solar reported strong Q2 results and announced a $1.1 billion investment in a US manufacturing facility, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 9:21 pm

VNO

Vornado Realty Trust (NYSE:VNO) has announced plans to sell four Manhattan retail properties and The Armory Show for a combined sales price of $124.4 million. The sale is expected to close in the third quarter and will result in an approximately $20 million gain.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 9:19 pm

SLCA

U.S. Silica Holdings has projected its capital expenditures for FY23 to be between $50M-$60M.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:18 pm

NEM

NG

NOVAGOLD has received $25M from Newmont as the third payment for the sale of its 50% interest in the Galore Creek Project. The total consideration payable by Newmont was up to $275 million.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:08 pm

NEXA

Nexa Resources has resumed operations at its Atacocha Mine.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 9:07 pm

BTCUSD

ETHUSD

Sequoia Capital has reduced the size of its cryptocurrency fund from $585 million to $200 million, according to the Wall Street Journal. The fund invests in cryptocurrencies such as Bitcoin (BTCUSD) and Ethereum (ETHUSD).

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 9:05 pm

GOOD

Gladstone Commercial Corporation (NASDAQ:GOOD) has sold its 26,080 square foot office building in Pittsburgh, Pennsylvania. The company realized a leveraged internal rate of return of approximately 18% on the investment, which it originally acquired in 2011. The sale is part of Gladstone's capital recycling plan to re-position its portfolio.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 9:01 pm

CME

CME Group (NASDAQ:CME) has outperformed the market over the past 20 years, producing an average annual return of 13.81%. If an investor had bought $100 of CME stock 20 years ago, it would be worth $1,357.89 today. The company currently has a market capitalization of $71.46 billion.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 9:00 pm

SCHW

Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years, producing an average annual return of 9.8%. If an investor had bought $1000 of SCHW stock 20 years ago, it would be worth $6,390.29 today.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 9:00 pm