Streetbeat News

Assets

SNDA

Sonida Senior Living Inc. (SNDA) announced its acquisition of an eight-asset senior housing portfolio located in Florida and South Carolina for $103 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:19 pm

MPW

Medical Properties Trust (MPW) shares are trading higher following the announcement of the sale of 11 Colorado facilities for $86 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 6:56 pm

SPY

USO

The U.S. Energy Department has announced the purchase of 1.5 million barrels of oil for the Strategic Petroleum Reserve, with delivery scheduled for January.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 6:07 pm

HNRA

HNR Acquisition Corp (NYSE:HNRA) announces key infrastructure improvements and upgrades to well testing capabilities at satellite stations, along with the purchase of two portable well testing units. These enhancements aim to improve well performance testing and troubleshooting.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 6:03 pm

BLMH

Blüm Holdings, Inc. (OTCQB:BLMH) reported a 111% increase in Q2 revenue following the sale of its Santa Ana dispensary. The sale significantly improved the company's balance sheet by reducing liabilities. Despite the revenue increase, the company reported a negative adjusted EBITDA.

Portfolio Pulse from Jelena Martinovic

August 15, 2024 | 4:48 pm

BX

GS

IAI

KBWB

Goldman Sachs Group, Inc. (NYSE:GS) has agreed to sell Blanchardstown Centre, Ireland’s largest shopping mall, to Strategic Value Partners for less than the initially expected €650 million. Goldman Sachs had purchased the mall from Blackstone Inc. (NYSE:BX) in late 2020. The sale reflects a broader trend of renewed investor interest in malls, despite a decade of disruption from online shopping. GS stock has gained over 50% in the past year, and investors can gain exposure via iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSE:IAI) and Invesco KBW Bank ETF (NASDAQ:KBWB).

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2024 | 4:13 pm

UNG

The latest report on USA natural gas storage shows a decrease of 6 billion cubic feet (BCF), significantly below the estimated increase of 43 BCF and the prior increase of 21 BCF.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:38 pm

BTDR

Bitdeer Technologies Group has announced a proposed offering of $150 million in convertible notes due in 2029.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:12 pm

AVDE

AVSD

UBS

UBS Group AG has placed a $2 billion Credit Suisse real estate fund into liquidation due to significant value decline and high redemptions. UBS reported strong Q2 FY24 sales and EPS, beating consensus estimates. UBS shares are down 2.33% premarket.

Portfolio Pulse from Lekha Gupta

August 15, 2024 | 1:00 pm

LLAP

LMT

Lockheed Martin has signed a definitive agreement to acquire Terran Orbital for $0.25 per share in cash for each outstanding share of common stock and will retire its existing debt. The enterprise value of the deal is approximately $450 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:47 pm