Streetbeat News

Assets

DEC

Diversified Energy Company PLC has completed a $42 million acquisition of natural gas assets and pipelines from Summit Natural Resources, enhancing its production and reserves in Virginia, West Virginia, and Alabama.

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February 28, 2025 | 8:30 am

C

Citigroup mistakenly credited a customer's account with $81 trillion instead of $280, highlighting operational issues the bank is trying to address.

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February 28, 2025 | 8:15 am

WRN

Western Copper and Gold is highlighted as a compelling contrarian investment opportunity. Despite concerns about permitting, the company's substantial gold and copper resources are positioned for development.

Portfolio Pulse from

February 28, 2025 | 7:30 am

XYLD

USCL:CA, a TSX-listed ETF, offers a strong annualized yield of 12.8% with a covered call strategy. Despite its high management expense ratio, it has outperformed the S&P 500 since inception, showing strong investor confidence.

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February 28, 2025 | 6:00 am

INGR

Ingredion Incorporated is investing $50 million to expand its Cedar Rapids, Iowa facility, enhancing its production capacity for specialty industrial starches used in packaging and papermaking.

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February 28, 2025 | 5:00 am

MP

MP Materials is on track to complete its full integration by FY25, enhancing its operations from mining to magnet production. The company has effectively managed its finances through cash preservation, stock buybacks, and debt refinancing. As NdPr metal production hits its target, margins are expected to rise, with magnets fetching premium prices.

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February 28, 2025 | 4:15 am

FRRVY

Ferrovial reported a 38.9% increase in adjusted EBITDA for 2024, reaching $1.5 billion, driven by strong performance across all business areas. The company also saw a 6.7% increase in revenue, totaling $9.9 billion, and a net profit of $3.5 billion due to capital gains from asset rotation.

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February 28, 2025 | 2:15 am

AAAU

The United States is importing large amounts of gold, causing a 'glut' in New York's vaults and disrupting global supply chains. This is in anticipation of potential tariffs, according to experts from BullionVault and the World Gold Council.

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February 28, 2025 | 1:15 am

META

Meta is reportedly in talks to raise $35 billion to finance the development of data centers in the U.S. The discussions are in early stages, and there is no certainty of a deal being reached.

Portfolio Pulse from

February 28, 2025 | 12:30 am

CDC

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) employs a defensive strategy with mixed success. Its market timing approach, 'sell first, then buy the dips', reduced volatility in 2020 but hindered recovery post-2022 downturn.

Portfolio Pulse from

February 27, 2025 | 11:45 pm