Streetbeat News

Assets

NAK

Northern Dynasty Minerals Ltd. (NYSE:NAK) has received the remaining $10 million royalty payment under the second tranche of its royalty agreement. This payment is part of a $12 million tranche, with the royalty investor receiving rights to gold and silver production from the Pebble Project.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 3:35 pm

ETHUSD

Ethereum (ETH) has experienced a significant price drop of 7.65% in the past 24 hours, continuing a week-long negative trend with an 8.0% loss. Trading volume has increased by 62.0% over the past week, and the circulating supply has risen by 0.15%.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 3:00 pm

BANX

ArrowMark Financial has filed with the SEC for a mixed shelf offering of up to $150 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:37 pm

ADP

DIVL

FFIDX

TROW

WBIF

WBIG

WBIL

Workers often miss out on billions in retirement gains by rolling over their 401(k) balances into cash holdings instead of new investments. A significant portion of these funds remains in cash for years, leading to substantial forfeited gains. The article highlights the impact on various financial companies and ETFs.

Portfolio Pulse from Michael Juliano

July 25, 2024 | 1:12 pm

COOP

NYCB

New York Community Bancorp shares are trading lower after reporting worse-than-expected Q2 financial results and announcing the sale of its residential mortgage business to Mr. Cooper for $1.4 billion.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:12 pm

AGCO

AGCO Corporation has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners for $700 million in an all-cash transaction. The deal is subject to working capital and other customary closing adjustments.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:03 pm

CTRM

Castor Maritime has announced an agreement to acquire a 2015-built Ultramax dry bulk carrier for $25.5 million through its wholly-owned subsidiary.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:00 pm

AAL

American Airlines CFO announced a revised delivery schedule of 20 new mainline aircraft this year, down from 22, and expects to achieve approximately $400 million in cost savings in 2024.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:53 pm

HP

Helmerich & Payne (NYSE: HP) has announced an agreement to acquire KCA Deutag for $1.9725 billion in cash. This acquisition will establish H&P as a global leader in onshore drilling, enhance its scale and diversification, and increase its rig count in the Middle East from 12 to 88. The deal is expected to be immediately accretive to cash flow and free cash flow per share, and H&P aims to maintain its high-quality investment grade credit rating.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:19 pm

MARA

Marathon Digital Holdings (MARA) has purchased $100 million worth of Bitcoin, bringing its total holdings to over 20,000 BTC.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:09 pm