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GOLD

NEM

Barrick Gold (NYSE:GOLD) announced an increase in proven and probable gold reserves to 77 million ounces by the end of 2023, up from 76 million the previous year. The company, holding a 61.5% stake in Nevada Gold Mines (NGM) through a joint venture with Newmont (NYSE:NEM), highlighted significant contributions from its North American operations, particularly in Northern Nevada, which is described as 'far from being a mature gold district.' Key sites like Carlin, Cortez, and the Turquoise Ridge complex are expected to support production growth for over a decade. Additionally, NGM has initiated a transition to renewable energy with the commissioning of a solar project.

Portfolio Pulse from Stjepan Kalinic

February 12, 2024 | 7:53 pm

GIB

SPY

The U.S. Government Accounting Office reported a data breach by its IT contractor, CGI Federal, according to Reuters. This incident could raise concerns about cybersecurity measures and data management practices within government contracts.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 7:38 pm

MMS

Maximus (MMS) has been awarded a contract by South Dakota's Department of Social Services to administer mental health assessments for Medicaid-certified nursing facility placements. This marks the first time South Dakota has partnered with an external vendor for this purpose. Maximus will leverage its nearly 25 years of experience in running Preadmission Screening and Resident Review (PASRR) programs to enhance the state's program, offering centralized services, improved data collection, and analysis to support South Dakota's goals.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 6:03 pm

MSFT

Microsoft Gaming CEO Phil Spencer reassured Xbox employees in a recent meeting that the company will continue producing Xbox consoles, countering rumors of a shift away from console manufacturing. This statement comes amid concerns following recent layoffs and ahead of a business update event. Spencer's comments also address speculation about Xbox's future strategy and potential shifts towards multi-platform gaming.

Portfolio Pulse from Franca Quarneti

February 12, 2024 | 5:14 pm

APD

Air Products (APD) has signed a 10-year Power Purchase Agreement (PPA) with Eneco for solar electricity in The Netherlands, marking a significant step towards sustainability. This agreement will see APD sourcing the majority of its energy needs for liquid nitrogen and oxygen production from the Vlagtwedde Solar PV farm, reducing emissions equivalent to the carbon footprint of about 45,000 households. This move aligns with APD's long-term vision for decarbonizing the industrial gases sector and its previous commitments to sustainability in Europe.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 4:03 pm

IONM

Assure Holdings Corp. (NASDAQ:IONM) announced a merger with Danam Health, Inc., where Danam will merge into a subsidiary of Assure in a stock-for-stock transaction. Post-merger, Assure will be renamed Danam Health Holdings Corp. and will focus on pharmaceutical and healthcare services. The combined company will be Nasdaq-listed, with Danam stockholders owning approximately 90% and Assure stockholders owning about 10%. The merger, valued at $150 million, is expected to close in Q2 2024, subject to approvals and conditions.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:59 pm

ACDC

ProFrac Holding Corp. has announced its operational and strategic priorities for 2024, focusing on higher utilization, enhancing customer experience, and maintaining low per unit costs. The announcement reflects the company's commitment to operational excellence and cost efficiency.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:36 pm

BDC

New York Governor Kathy Hochul announced $2.4 million in grants and tax credits to Belden Inc. (NYSE:BDC) for operational expansion in Syracuse, NY. The incentives aim to boost fiber production at Belden's primary Broadband Solutions location. The funding includes a $1.2 million Empire State Development grant and a $1.2 million Excelsior Jobs tax credit. This move is part of a broader initiative to drive economic growth and innovation in New York, with Belden playing a key role in the broadband manufacturing sector.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:31 pm

AAPL

An Apple Insider analysis has debunked concerns about RF radiation from the Wi-Fi and Bluetooth chips in Apple's Vision Pro being harmful. It clarified that RF radiation is different from ionizing radiation, which is harmful, and highlighted that the RF radiation levels from the device are much lower than those that could cause tissue damage. Both WHO and FDA have confirmed no scientific evidence suggests that weak RF signals from electronic devices can cause adverse health effects. The report reassures Apple Vision Pro users that the risk of RF radiation exposure is minimal.

Portfolio Pulse from Rounak Jain

February 12, 2024 | 2:29 pm

BTC-USD

DOGE-USD

ETH-USD

GT

WM

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin show mixed performance as analysts predict significant movements, including a potential Dogecoin pump. US markets see cautious optimism with Nasdaq and S&P futures flatlining ahead of key data, while Waste Management and Goodyear Tire are stocks to watch. Political and economic developments, including US-China tensions and EU climate policy shifts, alongside tech and EV sector updates, including Apple, Google, and Tesla, highlight the global landscape. Elon Musk's activities, from SpaceX Mars plans to Tesla's challenges, also draw attention.

Portfolio Pulse from Akanksha Bakshi

February 12, 2024 | 2:21 pm