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LIT

US Strategic Metals (USSM) has secured a non-binding Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) for a potential $400 million debt funding package for its Madison cobalt project in Missouri. This funding could significantly reduce the US's reliance on foreign cobalt sources, particularly from the Democratic Republic of Congo. The Madison project is one of the largest cobalt reserves in North America, with an estimated 72 million pounds of recoverable cobalt.

Portfolio Pulse from Stjepan Kalinic

August 09, 2024 | 10:58 am

ENSV

Enservco Corporation has announced the sale of its Colorado frac water heating business for $1.695 million, which includes $1.221 million in cash and a short-term note of $473,375.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 10:49 am

BTCUSD

Vice President Kamala Harris announced Minnesota Governor Tim Walz as her running mate, contrasting with Donald Trump's pick, J.D. Vance. Vance's wealth is significantly higher, with investments in various financial assets, while Walz's wealth is modest, primarily in pensions and a college savings plan. Harris has gained an edge in polls since replacing Biden as the Democratic nominee.

Portfolio Pulse from Shanthi Rexaline

August 09, 2024 | 9:21 am

TU

TELUS has announced a $700M senior unsecured notes offering with a 4.65% yield, set to mature in 2031. The proceeds will be used to repay outstanding indebtedness and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 6:43 am

HWM

Howmet Aerospace has announced the pricing of a $500 million underwritten public offering of its 4.850% notes due 2031.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:06 pm

VOXX

VOXX International Corporation (NASDAQ:VOXX) has announced the sale of certain assets of its Domestic Accessories Group to Established, Inc. for approximately $25 million. The transaction includes the RCA trademarks and other intellectual property. VOXX Accessories Corp. will continue to operate to ensure business continuity.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:50 pm

DVA

DaVita Inc. has announced the pricing of a $1 billion senior notes offering. This move is likely aimed at refinancing existing debt or funding new initiatives.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:48 pm

RKLB

Rocket Lab has started installing the largest automated fiber placement (AFP) machine in its Neutron rocket production line. This custom-designed AFP machine will automate the production of the largest carbon composite rocket structures, potentially saving 150,000 manufacturing hours.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:44 pm

HZO

Marinemax has entered an asset exchange agreement with Mastercraft. Cruisers Yachts, a subsidiary of Marinemax, will assume the Aviara brand of luxury dayboats. Marinemax will receive assets including molds, tooling, and inventory, and will administer manufacturer warranties and market the brand. The agreement excludes Aviara production facilities and personnel.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:26 pm

CRNX

Crinetics Pharmaceuticals announced that it expects its cash and equivalents to be sufficient to fund its current operating plan into 2028.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:15 pm