Streetbeat News

Assets

HIW

Highwoods Properties (NYSE:HIW) has sold two non-core assets, One Independence Park in Tampa for $19.5 million and Riverbirch in Raleigh for $20.7 million. The proceeds will be used to reduce outstanding debt and for general corporate purposes.

Portfolio Pulse from Happy Mohamed

May 31, 2023 | 8:21 pm

DHT

DHT Holdings has announced the acquisition of a 2018-built VLCC for $94.5 million, with delivery scheduled for Q3 2023. The company plans to finance the acquisition with available liquidity and projected mortgage debt, expecting it to be accretive to earnings per share.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2023 | 8:20 pm

KO

Unusual options activity has been observed for Coca-Cola (NYSE:KO), with 14 uncommon options trades spotted. The sentiment is split between 50% bullish and 50% bearish, with 8 puts and 6 calls. Whales have been targeting a price range of $27.5 to $95.0 for Coca-Cola over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:18 pm

TWRFF

Tower Resources has commenced a ground magnetic survey to guide its future drilling program after discovering copper, gold, and molybdenum at its Rainbow zone. The company's stock plunged 76% after releasing assays from its winter drilling program, but Geologist Stu Averill, a director of the company, purchased 1.2 million shares.

Portfolio Pulse from Melanie Schaffer

May 31, 2023 | 8:06 pm

DHR

A whale has taken a bearish stance on Danaher (NYSE:DHR) with 11 unusual options trades detected. 54% of investors have bearish expectations, with 8 puts totaling $539,250 and 3 calls totaling $167,750. Whales have been targeting a price range of $210 to $270 for Danaher over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 8:02 pm

EL

A large bearish position on Estee Lauder Cos (NYSE:EL) has been observed, with 65% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $155 to $260 for Estee Lauder over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 7:31 pm

ETHUSD

Bored Ape #1239, an NFT from the Bored Ape Yacht Club (BAYC) collection, sold for 48.69 ETH ($90,765). BAYC is an exclusive community for holders of ape and mutant-themed NFTs on Ethereum's blockchain. The collection has gained significant influence in 2021, with many celebrities adopting Bored Apes as their profile pictures.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 7:00 pm

SLB

Unusual options activity has been observed for Schlumberger Limited (NYSE:SLB) with a bearish stance. Benzinga's options scanner spotted 10 uncommon options trades, with 30% bullish and 70% bearish sentiment. The total trade price for 6 puts is $672,595, and for 4 calls, it is $702,921. Whales have been targeting a price range of $40.0 to $47.5 for SLB over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:46 pm

SPY

The Federal Reserve's May Beige Book highlights a freight recession, persistent job tightness, and sticky inflation. The transportation services industry and commercial real estate sector face significant challenges, while the labor market remains robust and inflation continues to rise at a slower pace.

Portfolio Pulse from Piero Cingari

May 31, 2023 | 6:30 pm

COP

Unusual options activity has been observed for ConocoPhillips (NYSE:COP), with 14 uncommon options trades spotted. The sentiment of these big-money traders is 64% bullish and 35% bearish. Whales have been targeting a price range of $92.5 to $125.0 for ConocoPhillips over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 31, 2023 | 6:01 pm