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Assets

CIVI

Civitas Resources (NYSE:CIVI) has signed two agreements to acquire oil-producing assets in the Midland and Delaware Basins for a combined price of around $4.7 billion. The acquisition is expected to boost CIVI's production by 60% and generate around $1.1 billion of pro forma FCF in 2024.

Portfolio Pulse from Lekha Gupta

June 20, 2023 | 11:40 am

PHVS

Pharvaris announces a $70 million private placement financing to fund its clinical development programs and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 11:09 am

BR

Broadridge Financial Solutions (BR) has been granted a patent for its machine learning technology designed to enhance securities-based lending. The technology aims to improve risk management and streamline the lending process.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 11:01 am

CG

Carlyle Group has appointed John Redett as its new CFO and Head of Corporate Strategy, according to the Wall Street Journal.

Portfolio Pulse from Charles Gross

June 20, 2023 | 10:49 am

CIVI

Civitas Resources has signed agreements to acquire oil producing assets in the Midland and Delaware Basins of west Texas and New Mexico from affiliates of Hibernia Energy III and Tap Rock Resources for a total consideration of $4.7 billion.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 10:24 am

SHY

VGSH

Treasury yields jumped during the Asian trading session on Tuesday following a global bond sell-off. The yield on the 10-year U.S. treasury rose as much as 3.82%. The iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) and the Vanguard Short-Term Treasury Index Fund ETF (NASDAQ:VGSH) shed 0.14% on Friday.

Portfolio Pulse from Bhavik Nair

June 20, 2023 | 6:46 am

BLK

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a brief surge late Monday due to market optimism surrounding BlackRock's bid for a Bitcoin-based ETF. Bitcoin's dominance over the total crypto market cap has now surpassed 50%, while Ethereum's market dominance remains around 20%. U.S. stock futures edged downwards on Monday evening.

Portfolio Pulse from Mehab Qureshi

June 20, 2023 | 2:43 am

ETHUSD

A total of 3,223 ETH worth $5M was burned from Ethereum transactions on Sunday, following the implementation of EIP-1159 on August 5th, 2021. This upgrade changed the fee model, causing a base fee to be burned with each transaction, lowering the supply of Ether.

Portfolio Pulse from Benzinga Insights

June 19, 2023 | 8:11 pm

EWG

INTC

Intel and the German government have agreed on an increased scope for Intel's wafer fabrication site in Magdeburg, with Intel now investing over €30 billion for two semiconductor facilities. The agreement includes increased government support and incentives.

Portfolio Pulse from Charles Gross

June 19, 2023 | 1:10 pm