Streetbeat News

Assets

WOR

Worthington Enterprises, Inc. (NYSE:WOR) has initiated a modernization project at its Chilton, Wisconsin campus, which manufactures Bernzomatic and Mag-Torch hand torches and fuel cylinders. The project includes a new 58,000-square-foot building and equipment to enhance automation, production efficiency, and product quality.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:26 pm

EPM

Evolution Petroleum Corporation announced a 20% year-over-year increase in its proved oil reserves, indicating potential growth and stability in its operations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:26 pm

SKWD

Westaim has sold all of its remaining shares in Skyward Specialty Insurance Group, totaling 1,919,639 shares, for net proceeds of approximately $79 million.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:12 pm

BTCUSD

DOGEUSD

ETHUSD

The cryptocurrency market is experiencing an uptrend with Bitcoin, Ethereum, and Dogecoin showing mixed performance. Bitcoin's large transaction volume increased by 73%, and daily active addresses spiked by 23%. However, Bitcoin ETFs are seeing record-low trading volumes. Short-term Bitcoin holders are offloading significant amounts, while the reduced supply on exchanges suggests a bullish outlook.

Portfolio Pulse from Khyathi Dalal

September 10, 2024 | 8:03 pm

WYNN

Wynn Resorts has announced the pricing of an $800 million private offering of 6.250% senior notes due in 2033 through Wynn Resorts Finance. This move is likely aimed at refinancing existing debt or funding new projects.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:03 pm

BRK/B

OXY

Berkshire Hathaway, led by Warren Buffett, has accumulated a 28% stake in Occidental Petroleum since early 2022. However, the investment has not yielded significant returns, potentially putting Berkshire in the red.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 7:35 pm

MS

Significant options trading activity has been observed in Morgan Stanley (NYSE:MS), with a mix of bullish and bearish sentiment. Large investors are targeting a price range of $90 to $105. The stock is currently trading at $96.29, down 1.93%.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 6:45 pm

EGIO

Edgio shares have declined following the company's filing for Chapter 11 bankruptcy. Edgio has entered into a stalking horse asset purchase agreement with Lynrock.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:53 pm

AXP

C

CG

COF

COIN

FCNCA

FI

GS

JPM

NBTB

The article highlights unusual options activity in the financial sector, focusing on large transactions by 'whales' in various stocks. Notable mentions include COF, JPM, NBTB, C, AXP, CG, GS, COIN, FI, and FCNCA, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 5:35 pm

BABA

DKNG

ETSY

HD

MBLY

NIO

TJX

TPR

TSLA

WOOF

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, BABA, NIO, TPR, ETSY, MBLY, DKNG, WOOF, HD, and TJX. These trades indicate varying market sentiments, from bearish to bullish, and could signal potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 5:35 pm