Streetbeat News

Assets

CWK

Cushman & Wakefield and Greystone have arranged $33 million in construction financing for a new 210-unit multifamily project in Spokane, WA. The project, developed by Kōz Development and Catalyst Opportunity Funds, aims to provide affordable housing and is expected to be completed by fall 2026.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:59 pm

ELBM

Electra Battery Materials shares rose following the announcement of a non-binding term sheet for a $20 million prepayment facility from a strategic player in the battery materials sector.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:57 pm

NEM

Newmont Corporation has agreed to sell its Telfer operation and 70% interest in the Havieron project to Greatland Gold for up to $475 million. This sale is part of Newmont's $2 billion non-core asset divestiture program, expected to close in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:07 pm

DVN

Deep-pocketed investors are showing a bearish sentiment towards Devon Energy (NYSE:DVN) through significant options activity. The majority of these investors are betting on a price range between $35.0 and $57.5. Despite a recent price drop, analysts have mixed ratings with an average target price of $58.0.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 4:01 pm

MS

Morgan Stanley's executive, Simkowitz, announced that the bank has $500 billion in private markets. This highlights Morgan Stanley's significant involvement and investment in private markets, which could influence its financial performance and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:52 pm

KGC

Kinross Gold shares rose following the completion of a Preliminary Economic Assessment for the Great Bear project, indicating potential positive developments for the company.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:28 pm

MARA

Metaplanet, a Japanese company, has acquired 38.6 Bitcoin for $2.2 million, increasing its total Bitcoin holdings to 398.8 BTC. This move aligns with its strategy to allocate funds to Bitcoin, similar to U.S.-based MicroStrategy. Marathon Digital Holdings and Semler Scientific are also following similar strategies by raising funds to purchase Bitcoin.

Portfolio Pulse from Murtuza Merchant

September 10, 2024 | 3:21 pm

CVX

Deep-pocketed investors are showing significant interest in Chevron (CVX) options, with a mix of bullish and bearish sentiments. The options activity suggests potential price movements between $136 and $170. Chevron's stock is currently down by 1.55%, with an RSI indicating it may be oversold.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:16 pm

BTCUSD

Bitcoin's price has increased by 3.77% in the last 24 hours, reaching $56,881.00, despite a 1.0% loss over the past week. Trading volume has surged by 38.0%, while the circulating supply decreased by 0.89%. Bitcoin remains the top cryptocurrency with a market cap of $1.12 trillion.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:01 pm

LNG

The article provides a comprehensive analysis of Cheniere Energy (NYSE:LNG) compared to its competitors in the Oil, Gas & Consumable Fuels industry. It highlights Cheniere's financial metrics, market position, and growth prospects, noting its low P/E ratio, high P/B ratio, and challenges in revenue growth.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 3:00 pm