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PAX

Patria Investments has agreed to acquire Nexus Capital, a real estate asset manager in Colombia. The transaction is expected to add approximately $800 million to Patria's Fee Earning AUM and be immediately accretive to its earnings.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:04 pm

FYBR

Frontier Communications Parent has announced the pricing of $750 million in secured fiber network revenue term notes. The notes include $530 million 6.3% Series 2024-1, Class A-2 term notes, $73 million 7.1% Series 2024-1, Class B term notes, and $147 million 11.4% Series 2024-1, Class C term notes, all with an anticipated repayment date in May 2031.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:44 pm

NEE

NextEra Energy (NYSE:NEE) has outperformed the market over the past 20 years with an average annual return of 12.0%. A $1000 investment in NEE 20 years ago would be worth $9,678.23 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 9:31 pm

AGI

Alamos Gold (NYSE:AGI) has significantly outperformed the market over the past 5 years, delivering an average annual return of 26.37%. A $100 investment in AGI 5 years ago would be worth $321.67 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 9:30 pm

WMT

Walmart has integrated drone delivery into its app, expanded its InHome service, and introduced a GenAI assistant to enhance the shopping experience.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:17 pm

SOBR

SOBR Safe has received $2.8 million in gross proceeds from the exercise of warrants and has settled its remaining debt balances by converting outstanding Notes Payable into 4.358 million shares of Common Stock.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:13 pm

BRZE

Braze Inc (NASDAQ:BRZE) shares surged in after-hours trading following better-than-expected Q1 financial results. The company reported revenue of $135.459 million, beating estimates, and a smaller-than-expected adjusted loss of 5 cents per share. Braze also provided strong guidance for Q2 and the full year.

Portfolio Pulse from Adam Eckert

June 06, 2024 | 9:05 pm

ROG

Rogers Corporation plans to streamline operations by winding down manufacturing of advanced circuit materials at its Evergem, Belgium factory by mid-2025. The company will continue to support customers through its facilities in China and the U.S. This move is expected to improve operating profit by $7 to $9 million annually, but will incur charges of $18 to $28 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:02 pm

SE

Sea Limited (NYSE: SE) has outperformed the market over the past 5 years with an annualized return of 18.75%, resulting in a $1000 investment growing to $2,337.66. The company currently has a market capitalization of $41.35 billion.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 9:00 pm

EOG

EOG Resources (NYSE:EOG) has significantly outperformed the market over the past 20 years, delivering an average annual return of 11.34%. A $1000 investment in EOG 20 years ago would be worth $8,879.85 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 9:00 pm