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CDT

Conduit Pharmaceuticals (NASDAQ:CDT) has restructured a $2.65M loan with Nirland Limited, removing restrictive clauses, and secured $1.2M in new promissory notes. This enhances its balance sheet and liquidity, allowing more flexibility in future financing.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:48 pm

SMCI

Super Micro Computer, Inc. has amended its loan agreement with Cathay Bank, extending deadlines for financial statement submissions and adding a requirement to maintain $150 million in unrestricted cash.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:45 pm

DISH

Dish Network Corp. bondholders are expected to reject the company's latest debt exchange offer, which is crucial for its proposed acquisition by DirecTV. The bondholders find the proposed $1.5 billion loss on the swap unworkable, having previously offered to take a $300 million loss.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 7:43 pm

CLX

Over the past three months, 9 analysts have shared their insights on Clorox (NYSE:CLX), with opinions ranging from bullish to bearish. The average 12-month price target has increased by 6.09% to $154.89. Clorox has shown a 27.13% revenue growth rate, but faces challenges with a low net margin and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 7:00 pm

BA

S&P has affirmed Boeing's ratings due to greater-than-expected equity issuance, which helps mitigate cash flow deficits expected through 2025. However, Boeing remains on CreditWatch due to limited flexibility in cash flow and ongoing strike challenges.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:59 pm

NOW

The article provides a comprehensive analysis of ServiceNow (NYSE:NOW) in comparison to its competitors in the software industry. It highlights ServiceNow's high P/E and P/S ratios, suggesting potential overvaluation, while its low P/B ratio indicates possible undervaluation based on book value. Despite strong revenue growth, ServiceNow lags behind peers in ROE, EBITDA, and gross profit, reflecting lower profitability. The company has a favorable debt-to-equity ratio, indicating a strong financial position.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 3:00 pm

FCEL

FuelCell Energy has secured approximately $9.4 million in debt financing from EXIM for its Gyeonggi Green Energy projects. This financing will support the company's ongoing energy initiatives.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 12:16 pm

D

Dominion Energy has adjusted its FY24 earnings guidance to a range of $2.68 to $2.83 per share, maintaining the midpoint at $2.75. The company also reaffirmed its FY25 guidance and other financial projections.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:35 am

ITGR

Integer Holdings Corporation has completed the divestiture of its non-medical business for $50 million. The company plans to use the proceeds to pay down its outstanding debt.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 11:04 am

MLM

Martin Marietta has announced the pricing of its offering of $750 million of 5.150% senior notes due 2034 and $750 million of 5.500% senior notes due 2054. This move is likely aimed at raising capital for future investments or debt refinancing.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 9:46 pm