Green Brick Partners Stock (NYSE: GRBKpA)

Latest news for Green Brick Partners (NYSE:GRBKpA) Stock

Green Brick Partners

Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of the company's revenue is generated from the builder operations central segment which is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.

5.75% PRF PERPETUAL USD 25 - Ser A 1/1000 Int Dep

Green Brick Partners, Inc. Depositary Shares (each representing a 1/1000th fractional interest in a share of 5.75% Series A Cumulative Perpetual Preferred Stock)

Green Brick Partners Inc

News

Guidance

Citi CFO Expects Net Interest Income To Rise Modestly In 2025

Nokia Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) shares are trading higher premarket on Wednesday. The company entered a multi-year patent license deal with Samsung Electronics Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>), granting Samsung access to its <a target="_blank" href="https://www.globenewswire.com/news-release/2025/01/15/3009789/0/en/Nokia-signs-video-technologies-license-agreement-with-Samsung.html" rel="noreferrer noopener">video </a>technologies for use in televisions.
As part of the deal, Samsung will pay royalties to Nokia. This deal is separate from the company&#8217;s existing 5G patent license agreement, and the terms remain confidential.
Arvin Patel, Nokia&#8217;s Chief Licensing Officer for New Segments, stated, &#8220;The agreement is yet another proof point of Nokia&#8217;s leadership in video and multimedia technologies, and further validation of our decades-long investments in multimedia R&amp;D and standardization.&#8221;
In a separate release, Nokia revealed&nbsp;a partnership&nbsp;with Zain KSA to implement&nbsp;<a target="_blank" href="https://www.globenewswire.com/news-release/2025/01/15/3009772/0/en/Nokia-and-Zain-KSA-to-implement-unique-indoor-solutions-for-enterprise-customers.html#:~:text=Nokia%20and%20Zain%20KSA%20to%20implement%20unique%20indoor%20solutions%20for%20enterprise%20customers&amp;text=First%204G%2F5G%20Femtocell%20solution,for%20enterprises%20across%20the%20Kingdom." rel="noreferrer noopener">4G</a>/5G Femtocell solution in Saudi Arabia and the Middle East and Africa region.
The collaboration aims to improve mobile coverage and enhance connectivity for enterprise customers by addressing network gaps and optimizing performance.
By reducing dependency on customer infrastructure, this cost-effective solution ensures enhanced coverage and optimized connectivity for enterprise users.
Last week, the company disclosed that&nbsp;Openreach&nbsp;had selected its One Network Platform to build an open-access&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/42897828/openreach-taps-nokia-to-connect-25-million-uk-properties-to-high-speed-broadband-by-2026" rel="noreferrer noopener">fiber network across the U.K</a>.
Investors can gain exposure to NOK stock via&nbsp;iShares U.S. Digital Infrastructure and Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDGT#NYSE">IDGT</a>) and Defiance Quantum ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QTUM#NASDAQ">QTUM</a>).
Price Action: NOK shares are up 2.21% at $4.61 premarket at the last check Wednesday.
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Equities

Large Cap

Contracts

Movers

iShares U.S. Digital Infrastructure and Real Estate ETF

IDGT

QTUM

SSNLF

What's Going On With Nokia Stock Premarket On Wednesday?

As SKYX Continues to Grow its Market Penetration, it is Expected to Supply Developer Jeremiah Baron Companies Products to a Total of 1000 Mixed-Use Residential and Commercial Units&nbsp; &nbsp;
The Products that are Expected to be Supplied to the Mixed-Use Project will include Ceiling Outlet Receptacles, Smart Plug &amp; Play Platform Products including Lighting, Ceiling Fans, Recessed Lights, EXIT Signs, Emergency Lights, Down Lights, and Indoor and Outdoor Wall Lights

SKYX

SKYX Platforms To Supplying Products For 140 Commercial Units In Jan. 2025

Consumer inflation surged for the third straight month in December, rekindling concerns that the months-long cooling of price pressures could be over and casting doubt on the Federal Reserve&#8217;s ability to steer inflation <a href="https://www.benzinga.com/topic/inflation">toward its 2% target.</a>
The headline Consumer Price Index rose 2.9% year-over-year in December, according to Wednesday&#8217;s data from the Bureau of Labor Statistics. This marks an increase from November's 2.7% and matches economist forecasts. Notably, it represents the third straight inflation increase and highest annual rate since July 2024.
On a monthly basis, consumer prices increased 0.4%, up from both the previous month's 0.3% gain and the 0.3% predicted by analysts.
The energy index climbed 2.6% in December, contributing to over 40% of the monthly increase in overall prices, with the gasoline index rising 4.4% during the month.
Core inflation, which strips out the volatile food and energy categories, rose by 3.2% on a year-over-year basis, below the 3.3% estimate. Month-over-month, core prices marked a 0.2% increase, matching estimates.
Items that witnessed an increase in December include shelter, airline fares, used cars and trucks, new vehicles, motor vehicle insurance and medical care.
<h3 class="wp-block-heading">Market Reactions: Yields, Dollar Tumble </h3>
Prior to the release of the CPI report, traders priced in one 25-basis-point rate cut by December 2025, according to the CME FedWatch tool.
The mixed December inflation data could keep hopes for more than one rate cut by year-end quite stretched.
Treasury yields tumbled in response to the data, with the policy-sensitive two-year yield down 9 basis points to 4.28%. The U.S. dollar also weakened, with a key index tracking the greenback falling 0.5% during the session.
Equity markets reacted with optimism. Pre-market futures on the S&amp;P 500 rallied 1.5%, while contracts tied to the Nasdaq 100 soared 1.6%. 
On Tuesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched up 0.1%, while the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) declined 0.1%. 
Read Next:
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</ul>
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Macro Economic Events

Econ #s

Economics

Federal Reserve

Markets

ETFs

Inflation Rises To 2.9% In December: Core Slows, Yet Rising Energy Costs Put Fed's Target At Risk

CNDT

Conduent Incorporated Receives $92M Contract With Alaska Department of Health, Division Of Health Care Services To Operate And Manage The State's Medicaid Management Information System

RBC Capital analyst Scott Hanold reiterates Matador Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) with a Outperform and maintains $70 price target.

Price Target

Reiteration

Analyst Ratings

MTDR

RBC Capital Reiterates Outperform on Matador Resources, Maintains $70 Price Target

RBC Capital analyst Jonathan Atkin maintains Charter Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) with a Sector Perform and lowers the price target from $390 to $380.

CHTR

RBC Capital Maintains Sector Perform on Charter Communications, Lowers Price Target to $380

JP Morgan analyst Jeremy Metz maintains First Quantum Minerals (TSX:<a class="ticker" href="https://www.benzinga.com/stock/FM#TSX">FM</a>) with a Neutral and raises the price target from C$17 to C$18.

TSX:FM

JP Morgan Maintains Neutral on First Quantum Minerals, Raises Price Target to C$18

RBC Capital analyst Drew McReynolds reiterates Cogeco Communications (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CCA#TSX">CCA</a>) with a Sector Perform and maintains C$77 price target.

TSX:CCA

RBC Capital Reiterates Sector Perform on Cogeco Communications, Maintains C$77 Price Target

Grab Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) shares are trading marginally higher <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">in the premarket session on Wednesday.</a>
The firm has announced a <a target="_blank" href="https://www.grab.com/sg/press/others/grab-and-byd-enter-strategic-partnership-to-expand-electric-vehicle-fleet-offering-across-southeast-asia/" rel="noreferrer noopener">regional partnership</a> with BYD to expand access to up to 50,000 electric vehicles for Grab&#8217;s driver-partners across Southeast Asia, enhancing the availability of green vehicles for its users.
This collaboration aims to overcome the region&#8217;s key barrier to EV adoption: high upfront costs.
This partnership spans six Southeast Asian countries—Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam—and includes models like the DENZA D9, BYD ATTO3, BYD SEAL, and BYD M6.
The DENZA D9, a luxury electric vehicle, will be featured in GrabExec, setting a new standard for executive transportation with its advanced features and sustainability.
Last July, BYD announced a multi-year strategic partnership to add 100,000 new BYD electric vehicles to the&nbsp;Uber platform <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/40077563/uber-and-byd-team-up-for-electric-future-100k-evs-to-hit-the-road" rel="noreferrer noopener">in key global markets.</a> However, the deal with Uber focused on Europe and Latin America, with plans to expand to the Middle East, Canada, Australia, and New Zealand.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/42996752/us-stocks-to-open-higher-ahead-of-december-inflation-data-all-eyes-on-baking-earnings-by-jpm-goldman-citi-wells-fargo" rel="noreferrer noopener">US Stocks To Open Higher Ahead Of December Inflation Data: All Eyes On Banking Stocks As JPMorgan, Goldman, Citi, Wells Fargo Report Quarterly Earnings</a>
In the latest development with Grab, BYD plans to provide Grab&#8217;s fleet and driver-partners with access to affordable BYD vehicles, including extended warranties for the vehicles&#8217; batteries.
Drivers can choose to rent these EVs through Grab&#8217;s fleet partners or access financing options via Grab&#8217;s car ownership schemes. This partnership aligns with Grab&#8217;s sustainability goals, helping accelerate the transition to zero-emission transportation.
In countries like Singapore and Thailand, Grab users can select an &#8220;Eco-Friendly Ride&#8221; option at no extra charge, prioritizing green vehicles for their rides.
Liu Xueliang, General Manager of BYD Asia Pacific Auto Sales Division, said, &#8220;We are excited to partner with Grab as the leading on-demand transport provider in Southeast Asia and push forward the transition to electric vehicles in the region.&#8221;
Per a <a target="_blank" href="https://www.statista.com/outlook/mmo/electric-vehicles/southeast-asia" rel="noreferrer noopener">report</a> by Statista, the Electric Vehicles market in Southeast Asia is expected to reach $6.798 billion by 2025. From 2025 to 2029, the market is projected to grow at a rate of 4.02% annually. By 2029, the market volume is expected to hit $7.958 billion.
The partnership will also focus on deep technological integration to enhance Grab&#8217;s services. BYD vehicles will integrate with Grab&#8217;s platform through IoT, providing real-time data on driving patterns and behaviors. This data will help improve driver safety and overall experience, with features like larger screens displaying jobs, navigation, and chats directly in the vehicle&#8217;s head unit.
The integration of real-time data, such as weather and traffic conditions, will also help improve ride reliability and route optimization, ensuring better ETA accuracy and efficient navigation.
Price Action: GRAB shares are trading higher by 2.06% to $4.45 premarket at last check Wednesday.
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Photo via Shutterstock.

General

BYDDY

GRAB

Grab Teams Up With BYD To Boost EV Availability For Southeast Asia's Driver-Partners

- Presentation&nbsp;
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<figure class="image"><img src="https://www.sec.gov/Archives/edgar/data/1803901/000095017025005641/talk-ex99_1s19.jpg" alt="Slide 19" /></figure>

TALK

Talkspace Sees 2024 Revenue Guidance Of ~$185M-$195M, Up 23%-30% YoY; 3-Year Revenue CAGR Outlook Of 20%-25%

VCIG

VCI Global Announces Exclusive Distributorship Of Secure Encryption Storage Limited For Data Security Solutions In Malaysia

WIIM

CVGW

Calavo Growers shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results.

PRTH

Priority Technology shares are trading lower after the company announced a share offering of 9,157,600 shares.

CEO Marc Rowan to Enter Into 5-Year Employment Agreement Extension
Jim Zelter Named President of Apollo Global Management
John Zito Named Co-President of Apollo Asset Management Alongside Scott Kleinman
NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) today announced that Jim Zelter has been named President of Apollo Global Management, Inc. (AGM), the holding company for its asset management and retirement services businesses. The newly created role reflects Apollo's continued operational expansion and its significant growth plans across both the Apollo Asset Management, Inc. (AAM) and Athene Holding Ltd. subsidiaries. As President, Zelter will work closely with AGM CEO Marc Rowan to drive Apollo's recently announced five-year plan and lead a number of key strategic initiatives across its asset management and retirement services businesses.

Management

Apollo Announces Jim Zelter As President Of Apollo Global Management; John Zito Named Co-President Of Apollo Asset Management With Scott Kleinman; CEO Marc Rowan Signs 5-Year Agreement Extension

TOMZ

TOMI Environmental Solutions Regains Compliance With Nasdaq Requirements

GNLN

Greenlane Regains Full Compliance With Nasdaq Continued Listing Rules
ACCESSWIRE

KROS

Keros Therapeutics shares are trading lower after the company announced an update on its Phase 2 TROPOS trial and halted all dosing based on the ongoing safety review.

JP Morgan analyst Tami Zakaria maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Neutral and raises the price target from $450 to $470.

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