Streetbeat News

Assets

KALA

Checkpoint Capital (Master) Fund, LP has increased its stake in Kala Pharmaceuticals to 9.7%, according to a recent 13G filing.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 4:11 pm

PINC

Premier Inc. announced it will divest its non-healthcare GPO operations for approximately $800 million, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 3:53 pm

DFLI

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) is set to be awarded a new U.S. patent for the streamlined production of Li-ion batteries and nonflammable solid-state lithium batteries. The patent enables the company to use a powder-coating process that reduces production time and costs.

Portfolio Pulse from Shivani Kumaresan

June 15, 2023 | 3:02 pm

LEC

Lafayette Energy Corp (NASDAQ:LEC) is set to IPO on June 16, offering shares at an expected price between $5.00 and $7.00 per share. The company focuses on oil and gas exploration and production in Louisiana.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 3:00 pm

FXI

China plans to implement new spending and stimulus measures, including issuing $140B of special bonds, to revive its flagging economy. Other possible steps include loosening restrictions on second home sales.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 2:58 pm

SPY

UNG

USA Natural Gas Storage reported 84B, lower than the estimated 96B and the previous 104B.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 2:30 pm

GBNXF

Gibson Energy plans to acquire the South Texas Gateway oil terminal for $1.1 billion in cash, expanding its footprint and connectivity to the Permian basin. The acquisition is expected to strengthen Gibson's infrastructure revenues and boost distributable cash flow per share.

Portfolio Pulse from Nabaparna Bhattacharya

June 15, 2023 | 2:09 pm

F

Ford Motor's CFO announced the company's focus on being efficient with capital, lowering costs, and reducing CAPEX.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:55 pm

OLB

OLB Group has acquired an 80.1% controlling interest in the black011.com platform, providing open access to approximately 31,600 retail locations. The acquisition will enable OLB Group to focus on underbanked communities and expand its offerings, including point-of-sale merchant services and digital products.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:32 pm

KERN

Akerna Corp entered into a $500K securities purchase agreement with a private investor, selling 1 million shares of common stock at $0.50 per share.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:29 pm