Streetbeat News

Assets

ELUT

Elutia Inc. (NASDAQ:ELUT) has generated $15.7 million in gross proceeds from the exercise of outstanding warrants issued in a private placement financing completed in September 2023.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:47 pm

OLP

One Liberty Properties (OLP) announced plans to acquire a fourth industrial property in 2024 for $28.3 million, bringing total acquisitions for the year to over $73 million. The new property in Council Bluffs, Iowa, spans 236,324 sq ft and has an annual base rent of $1.9 million with a 6.1-year weighted average lease term. The acquisition will be funded by cash and a $17 million mortgage at 5.89% interest.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:43 pm

CUZ

Town Lane and Cousins Properties have acquired a 526,000 sq ft Class A office building, Proscenium, in Midtown Atlanta for $83 million. The joint venture involves Town Lane owning 80% and Cousins Properties owning 20%. Cousins will also provide property management and leasing services.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:41 pm

OHI

Omega Healthcare Investors (OHI) has increased its 2024 AFFO guidance to $2.78-$2.84 per diluted share, up from the previous estimate of $2.70-$2.80. This includes $648 million in new investments, quarterly G&A expenses of $11.5M-$13.5M, $77M in asset sales, and timely operator restructurings and transitions.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:37 pm

BTCUSD

DOGEUSD

ETHUSD

Cryptocurrency markets are trading lower ahead of a significant crypto options expiry, with $2.9 billion in options set to expire. Bitcoin, Ethereum, and Dogecoin are among the cryptocurrencies experiencing declines. Notable statistics include a rise in large transaction volumes and daily active addresses, but a significant narrowing in exchange netflows. Additionally, a large number of traders were liquidated in the past 24 hours, with Bitcoin liquidations reaching the highest levels since July 25.

Portfolio Pulse from Khyathi Dalal

August 01, 2024 | 8:24 pm

BCHUSD

Bitcoin Cash (BCH) has fallen 8% in the past 24 hours to $392.11, despite a 12% gain over the past week. Trading volume has increased by 17% while circulating supply decreased by 0.23%. BCH's market cap is $7.72 billion, ranking it #16.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 7:00 pm

NSC

Norfolk Southern Corporation (NYSE:NSC) is making a $200 million investment to enhance the 3B Corridor rail line in Alabama, which is expected to yield returns starting in 2025. This strategic move aims to boost capacity and support economic growth in the region.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:07 pm

EWC

TRP

Canada's Indigenous groups are set to borrow C$1 billion to acquire a stake in TC Energy's pipeline project. This move is significant for the involvement of Indigenous communities in major energy projects.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 4:37 pm

IWM

TLT

UUP

US manufacturing activity decreased for the fourth consecutive month in July, hitting an 8-month low. The ISM Manufacturing PMI Index fell to 46.8%, below expectations. This decline contrasts with the overall economic expansion driven by the services sector. The news impacted various financial instruments, including the U.S. dollar index, Treasuries, and stock market indices.

Portfolio Pulse from Piero Cingari

August 01, 2024 | 2:26 pm

NXE

NexGen Energy Ltd. has updated the economic estimates for its Rook I Project, revising the capital cost to $1.58 billion USD. The project is expected to generate an average annual after-tax net cash flow of C$1.93 billion in the first five years, with a consistent mine life and production capability of up to 30 million pounds of U3O8 annually. The updated costs reflect inflationary changes and advancements in engineering and procurement.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:18 pm