Streetbeat News

Assets

TTEK

Tetra Tech Inc (NASDAQ:TTEK) has been awarded a £60 million contract by Scottish Water to provide comprehensive asset management services for water utility assets. The eight-year contract involves inspecting, analyzing, and reporting on over 2,500 assets annually, with a focus on digital solutions for data collection and analysis.

Portfolio Pulse from Shivani Kumaresan

June 01, 2023 | 3:28 pm

SPY

UNG

USA gasoline inventories reported a draw of 0.207 million barrels, lower than the estimated draw of 0.369 million barrels and the prior draw of 2.053 million barrels.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 3:05 pm

SPY

UNG

USO

The EIA reported a weekly distillates stocks build of 0.985 million barrels, compared to an estimated draw of 0.118 million barrels and a prior draw of 0.562 million barrels.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 3:02 pm

SPY

USO

USA crude oil inventories reported a build of 4.488 million barrels, compared to an estimated draw of 1.101 million barrels and a prior draw of 12.456 million barrels.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 3:00 pm

LEEEF

LEEF Brands secured $7M financing through the sale of a 60% interest in its cultivation and real estate assets in Santa Barbara, California. The funds will be used to develop a large biomass cultivation site, support working capital needs, and expand LEEF Labs.

Portfolio Pulse from Vuk Zdinjak

June 01, 2023 | 2:57 pm

RIVN

Rivian Automotive (RIVN) has seen a sweep of 500 call options for July 21 at a strike price of $17.5, trading near the ask price of $0.59, compared to an open interest of 12,754. The stock is currently trading at $14.4881.

Portfolio Pulse from Charles Gross

June 01, 2023 | 2:56 pm

GS

Goldman Sachs President John Waldron announced that the bank is in the process of selling fintech firm Greensky, according to Reuters.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 2:55 pm

ELV

Unusual options activity has been observed for Elevance Health (NYSE:ELV) with 10 options trades, 60% bullish and 40% bearish. Whales have been targeting a price range of $445 to $460 for ELV over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 2:52 pm

SNDL

Michigan-based cannabis cultivator Skymint is being auctioned off, with its assets including leases on 23 dispensaries and two cultivation sites. Tropics LP has offered to acquire the assets for $109.4 million, setting the bidding floor. Skymint owes Tropics, a subsidiary of Sundial Growers (NASDAQ: SNDL), approximately $135 million.

Portfolio Pulse from Maureen Meehan

June 01, 2023 | 2:44 pm

GS

Goldman Sachs President Waldron announced that the company plans to reduce its on-balance sheet investments to $15 billion by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 2:39 pm