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GTBIF

Green Thumb Industries Inc. (OTCQX:GTBIF) is set to release its Q3 2024 financial results on November 7, 2024. The company is focusing on operational efficiency, market expansion, and long-term value creation. It recently announced a $50 million share repurchase program and closed a $150 million credit facility. Green Thumb's shares are trading slightly higher.

Portfolio Pulse from Jelena Martinovic

October 03, 2024 | 11:53 pm

SAVE

Spirit Airlines is in discussions with bondholders about a potential Chapter 11 bankruptcy filing following a failed merger with JetBlue Airways. The airline is considering restructuring its balance sheet, focusing on reaching an agreement with creditors.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:21 pm

BX

Analysts have varied opinions on Blackstone (NYSE:BX), with recent ratings showing a mix of bullish and neutral sentiments. The average 12-month price target has increased by 6.97% to $141.55. Blackstone faces revenue challenges and has a high debt-to-equity ratio, but shows strong ROE. Analysts' ratings and price targets provide insights into the company's market position.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 9:00 pm

SNDA

Sonida Senior Living, Inc. (NYSE:SNDA) has announced the acquisition of two new senior living communities in Atlanta, GA for $29 million, and completed the acquisition of eight communities in the Southeast for $103 million. The company has also increased its senior secured revolving credit facility by $75 million, bringing the total capacity to $150 million.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:16 pm

TSLA

Tesla is planning a $783 million debt sale backed by prime leases, which could impact its financial strategy and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 6:16 pm

SPY

Federal Reserve's Goolsbee emphasized that the focus should be on significantly reducing interest rates over the next 12 months to reach a neutral level, rather than debating between a 25 or 50 basis points cut.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 5:14 pm

EWJ

The IMF acknowledges the Bank of Japan's efforts to normalize monetary policy, aiming to stabilize inflation at a 2% target. The BOJ is advised to continue data-driven rate increases. Japan's fiscal policy should focus on growth-friendly consolidation to ensure debt sustainability.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 3:02 pm

MSFT

NVDA

OpenAI has secured a $4 billion revolving credit line, increasing its liquidity to over $10 billion. This follows a recent funding round valuing the company at $157 billion. Key investors include Microsoft and Nvidia. The funds will support research, product development, and infrastructure expansion.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 2:18 pm

SLND

Southland has secured a new $160 million senior secured term loan facility with Callodine Commercial Finance, consisting of a $140 million initial draw and a $20 million committed delayed draw, both due in 2028.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:26 am

TUSK

Mammoth Energy Services, Inc. has announced the payoff and termination of its term credit facility with Wexford Capital. This move is significant for the company's financial structure.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:08 am