Streetbeat News

Assets

CIGI

Colliers' 2025 Global Investor Outlook indicates renewed optimism in commercial real estate as pricing stabilizes. Factors such as subsiding inflation, lower interest rates, and an improved economic outlook contribute to this positive sentiment.

Portfolio Pulse from

November 20, 2024 | 1:15 am

CMCSA

Comcast is planning to spin off several of its cable channels, including MSNBC, CNBC, E!, Syfy, Golf Channel, and USA, into a new company. This move consolidates power under Donna Langley at NBCUniversal.

Portfolio Pulse from

November 20, 2024 | 1:00 am

CMCSA

Comcast is planning to spin off some NBCUniversal cable channels, including MSNBC, CNBC, and E!, as reported by The Wall Street Journal.

Portfolio Pulse from

November 20, 2024 | 1:00 am

BANX

ArrowMark Financial Corp. (NASDAQ: BANX) announced its estimated and unaudited Net Asset Value (NAV) as of October 31, 2024, was $22.02.

Portfolio Pulse from

November 20, 2024 | 12:45 am

MMTOF

Mitsubishi Electric Corporation is investing 10 billion yen to build a new facility for power semiconductor modules in Fukuoka, Japan, set to begin operations in October 2026.

Portfolio Pulse from

November 20, 2024 | 12:30 am

BUG

The Global X Cybersecurity ETF (BUG) has reached a new 52-week high, showing a significant increase of 36.86% from its 52-week low of $24.96 per share. This highlights strong momentum in the cybersecurity sector.

Portfolio Pulse from

November 20, 2024 | 12:30 am

BABA

Alibaba Group has announced the pricing of a US$2.65 billion offering of U.S. dollar-denominated senior unsecured notes and a RMB17 billion offering of RMB-denominated senior unsecured notes. This move is part of Alibaba's strategy to raise capital through debt issuance.

Portfolio Pulse from

November 20, 2024 | 12:15 am

FCPT

Four Corners Property Trust (FCPT) has acquired three properties, including Raising Cane's, Dollar General, and Jiffy Lube, for $6.6 million. These properties are located in Texas and Florida and are under long-term, triple net leases.

Portfolio Pulse from

November 19, 2024 | 11:30 pm

TORVF

Volt Carbon Technologies Inc. announced a private placement to raise up to C$600,000 through the sale of flow-through units and regular units. This move aims to support the company's financial needs.

Portfolio Pulse from

November 19, 2024 | 11:30 pm

PARA

Shari Redstone has paid off a $186 million loan to Paramount's lenders, with significant financial support from Larry Ellison. This payment was made to creditors of National Amusements, which holds a majority of Paramount's voting stock.

Portfolio Pulse from

November 19, 2024 | 10:45 pm