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SPY

U.S. Treasury Secretary Janet Yellen mentioned the possibility of a $50 billion loan from seized Russian assets. She also stated that there are no discussions within the Treasury regarding sanctions against the Israeli government for its handling of the Gaza humanitarian crisis.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:11 pm

SGD

Safe and Green Development has extended the closing date of its sale to June 20, 2024. The company has also reached an agreement with the buyer to increase the sale price from $1.35 million to $1.4 million, with the purchase price to be paid in cash and the elimination of a $450,000 promissory note.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:28 pm

SOFI

SoFi Technologies, Inc. (NASDAQ:SOFI) announced the Q1 2024 placement of a $350 million personal loan securitization with funds and accounts managed by PGIM Fixed Income, a Prudential Financial company.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:21 pm

PPG

PPG Industries is set to invest $300 million in advanced manufacturing in North America, focusing on automotive coatings. The investment will enhance production capabilities at its Cleveland, Ohio, and San Juan Del Rio, Mexico facilities.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 1:02 pm

MAMO

Massimo Group is expanding its Texas manufacturing facility by 90,000 sq. ft. to support the rapid growth of its motor and marine product verticals.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:34 pm

MU

Micron shares are trading lower after the company reportedly raised its 2024 capital expenditure expectations.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:22 pm

MU

Micron Technology has revised its capital expenditure forecast for the full year 2024 to approximately $8 billion, up from the previous estimate of $7.5 billion.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:21 pm

SLNH

Soluna Holdings, Inc. (NASDAQ: SLNH) has secured $30 million in financing from Spring Lane Capital to expand its Project Dorothy data center. The new construction, set to begin in Q2 2024, will increase Soluna's Bitcoin mining capacity by 48 MW.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:13 pm

GHSI

Guardion Health Sciences' largest stockholder has voted in favor of proposals to sell the Viactiv business and the liquidation plan at the company's special meeting of stockholders on May 23, 2024. The company estimates potential liquidating distributions to range from $9.00 to $11.00 per share if stockholders approve the sale and liquidation plan.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:07 pm

BL

BlackLine has announced a proposed private offering of $500 million in convertible senior notes due 2029, with an option for the initial purchaser to buy an additional $75 million. The notes will be convertible into cash, shares of BlackLine's common stock, or a combination of both.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 11:44 am