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NMHI

Nature's Miracle Holding Inc. (NASDAQ:NMHI) has entered a debt forgiveness agreement with Uninet Global, reducing its outstanding debt by $2.1 million, leaving $577,500 remaining. This move is part of Nature's Miracle's strategy to optimize its capital structure and increase stockholder equity.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:34 pm

ISPC

iSpecimen shares rose following the announcement of a $1 million loan agreement, which could provide the company with additional financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:18 pm

LRHC

La Rosa Holdings Corp (NASDAQ: LRHC) has restructured its debt, deferring payments to focus on expansion and acquisitions. The company aims for a $100 million revenue run rate by the end of 2024 and profitability in 2025.

Portfolio Pulse from Anusuya Lahiri

September 26, 2024 | 12:15 pm

LRHC

La Rosa Holdings has announced a restructuring that improves its financial position by reducing debt under its notes by approximately 9.5%.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:15 pm

LRHC

La Rosa Holdings has announced a debt restructuring plan, halting conversion rights and deferring principal and interest payments until February 2025. This move aims to improve the company's financial stability.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:15 pm

BNS

Scotiabank has expanded its partnership with Nova Credit to help new immigrants in Canada access higher credit limits by using their home country credit history. This initiative addresses the challenge of credit invisibility faced by newcomers.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 11:08 am

SPY

Federal Reserve's Kugler suggests that current monetary policy is too restrictive and advocates for rate cuts to alleviate this. Despite a resilient labor market, there's a need to prevent unnecessary demand reduction. Current rates are significantly above neutral estimates.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 9:03 pm

PGY

Pagaya Technologies plans to offer $125 million in exchangeable senior notes due 2029 in a private offering. This move could impact the company's financial strategy and stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 9:00 pm

SPY

Fed's Kugler suggests that some Fed policymakers might consider adjusting the timeline for expected rate cuts from 2025 to 2024 or vice versa, based on economic data. The neutral rate is not a major focus due to its uncertainty.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:46 pm

ORCL

Oracle Corp has filed for an offering of $1.5 billion in 4.200% notes due in 2029. This move is likely aimed at raising capital for corporate purposes, which could include debt refinancing or funding strategic initiatives.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:44 pm