Janus Detroit Street Trust Janus Henderson Emerging Markets Debt Hard Currency ETF (ARCA: JEMB)

Latest news for Janus Detroit Street Trust Janus Henderson Emerging Markets Debt Hard Currency ETF (ARCA:JEMB)

The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in emerging markets debt securities denominated in hard currencies.

Janus Henderson Emerging Markets Debt Hard Currency ETF

Janus Detroit Street Trust Janus Henderson Emerging Markets Debt Hard Currency ETF

Macro Economic Events

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Politics

Economics

General

Majority Of U.S. Senate Approves Tulsi Gabbard As Director Of National Intelligence, Voting Continues

RBC Capital analyst Pammi Bir reiterates CT Real Est IT (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CRT#TSX">CRT</a>) with a Sector Perform and maintains C$16 price target.

Price Target

Reiteration

Analyst Ratings

TSX:CRT

TSX:CRT/UN

RBC Capital Reiterates Sector Perform on CT Real Est IT, Maintains C$16 Price Target

Craig-Hallum analyst John Wilkin initiates coverage on Myriad Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) with a Buy rating and announces Price Target of $29.

Initiation

MYGN

Craig-Hallum Initiates Coverage On Myriad Genetics with Buy Rating, Announces Price Target of $29

U.S. House Speaker Johnson Says He Believes Republicans Will Have The Votes To Pass Newly Unveiled Budget Resolution; House Republicans Are Committed To Enacting Trump's Full Agenda Including His Tax Cut Objectives

Financial giants have made a conspicuous bearish move on Cisco Systems. Our analysis of options history for Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) revealed 12 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $1,503,068, and 7 were calls, valued at $680,427.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $69.0 for Cisco Systems over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Cisco Systems options trades today is 4432.09 with a total volume of 14,627.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Cisco Systems's big money trades within a strike price range of $50.0 to $69.0 over the last 30 days.
<h3>Cisco Systems Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739378827_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$2.34</td>
<td>$2.19</td>
<td>$2.47</td>
<td>$60.00</td>
<td>$543.4K</td>
<td>4.6K</td>
<td>2.7K</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$1.57</td>
<td>$1.52</td>
<td>$1.52</td>
<td>$57.50</td>
<td>$396.0K</td>
<td>3.3K</td>
<td>2.6K</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$0.99</td>
<td>$0.92</td>
<td>$1.0</td>
<td>$55.00</td>
<td>$380.0K</td>
<td>8.7K</td>
<td>3.8K</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$7.55</td>
<td>$7.5</td>
<td>$7.5</td>
<td>$57.50</td>
<td>$374.2K</td>
<td>12.1K</td>
<td>499</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$2.34</td>
<td>$2.23</td>
<td>$2.48</td>
<td>$60.00</td>
<td>$124.0K</td>
<td>4.6K</td>
<td>2.6K</td>
</tr>
</tbody>
</table>

<h3>About Cisco Systems</h3>
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
Having examined the options trading patterns of Cisco Systems, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Cisco Systems Standing Right Now?</h3>
<ul>
<li>With a volume of 8,038,008, the price of CSCO is down -1.08% at $61.76. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 0 days.</li>
</ul>
<h3>What The Experts Say On Cisco Systems</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $68.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on Cisco Systems, which currently sits at a price target of $68. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cisco Systems with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

CSCO

Cisco Systems's Options: A Look at What the Big Money is Thinking

Investors with a lot of money to spend have taken a bearish stance on Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BA, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 23 uncommon options trades for Boeing.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 43%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $552,340, and 16 are calls, for a total amount of $1,167,020.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $350.0 for Boeing, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Boeing's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Boeing's significant trades, within a strike price range of $100.0 to $350.0, over the past month.
<h3>Boeing Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739378821_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$19.0</td>
<td>$17.7</td>
<td>$19.0</td>
<td>$180.00</td>
<td>$366.7K</td>
<td>1.5K</td>
<td align="right">186</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$35.7</td>
<td>$35.3</td>
<td>$35.5</td>
<td>$150.00</td>
<td>$177.5K</td>
<td>1.2K</td>
<td align="right">52</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$14.8</td>
<td>$14.5</td>
<td>$14.6</td>
<td>$170.00</td>
<td>$176.6K</td>
<td>4.2K</td>
<td align="right">222</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$27.1</td>
<td>$27.05</td>
<td>$27.1</td>
<td>$160.00</td>
<td>$135.5K</td>
<td>1.1K</td>
<td align="right">51</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.1</td>
<td>$12.0</td>
<td>$12.0</td>
<td>$185.00</td>
<td>$134.4K</td>
<td>4.4K</td>
<td align="right">54</td>
</tr>
</tbody>
</table>

<h3>About Boeing</h3>
Boeing is a major aerospace and defense firm. It operates in three segments: commercial airplanes; defense, space, and security; and Global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's defense, space, and security segment competes with defense contractors such as Lockheed and Northrop to create military aircraft, satellites, and weaponry. Global services provides aftermarket support to airlines.
<h3>Where Is Boeing Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,494,122, the price of BA is up by 0.17%, reaching $180.75.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 70 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Boeing</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $207.8.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Boeing, targeting a price of $207. 
&#x2A; Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on Boeing with a target price of $205. 
&#x2A; An analyst from UBS persists with their Buy rating on Boeing, maintaining a target price of $217. 
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on Boeing, which currently sits at a price target of $210. 
&#x2A; Maintaining their stance, an analyst from RBC Capital continues to hold a Outperform rating for Boeing, targeting a price of $200. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Boeing with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Spotlight on Boeing: Analyzing the Surge in Options Activity

Financial giants have made a conspicuous bullish move on Lyft. Our analysis of options history for Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) revealed 26 unusual trades.
Delving into the details, we found 69% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $554,346, and 17 were calls, valued at $1,184,197.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $8.0 and $23.0 for Lyft, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Lyft stands at 2341.14, with a total volume reaching 28,541.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Lyft, situated within the strike price corridor from $8.0 to $23.0, throughout the last 30 days.
<h3>Lyft Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739378815_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LYFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$2.41</td>
<td>$2.05</td>
<td>$2.05</td>
<td>$12.00</td>
<td>$205.0K</td>
<td>593</td>
<td>2.5K</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/07/25</td>
<td>$0.8</td>
<td>$0.79</td>
<td>$0.79</td>
<td>$13.50</td>
<td>$159.1K</td>
<td>14</td>
<td>2.0K</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$2.22</td>
<td>$2.03</td>
<td>$2.17</td>
<td>$12.00</td>
<td>$141.0K</td>
<td>850</td>
<td>661</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$0.65</td>
<td>$0.64</td>
<td>$0.65</td>
<td>$15.00</td>
<td>$130.0K</td>
<td>3.9K</td>
<td>3.0K</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$2.43</td>
<td>$2.37</td>
<td>$2.43</td>
<td>$14.00</td>
<td>$121.5K</td>
<td>224</td>
<td>552</td>
</tr>
</tbody>
</table>

<h3>About Lyft</h3>
Lyft is the second-largest ride-hailing service provider in the us and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-hailing, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Having examined the options trading patterns of Lyft, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Lyft's Current Market Status</h3>
<ul>
<li>With a trading volume of 45,331,115, the price of LYFT is down by -5.77%, reaching $13.56.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 83 days from now.</li>
</ul>
<h3>Expert Opinions on Lyft</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $15.2.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from BMO Capital has decided to maintain their Market Perform rating on Lyft, which currently sits at a price target of $15. 
&#x2A; Consistent in their evaluation, an analyst from Cantor Fitzgerald keeps a Neutral rating on Lyft with a target price of $14. 
&#x2A; An analyst from Evercore ISI Group persists with their In-Line rating on Lyft, maintaining a target price of $15. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on Lyft with a target price of $16. 
&#x2A; An analyst from Wedbush has decided to maintain their Neutral rating on Lyft, which currently sits at a price target of $16. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Lyft, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

LYFT

Behind the Scenes of Lyft's Latest Options Trends

Federal Reserve

Fed Chair Powell, Asked If Fed Will Continue To Follow Existing Law To Maintain Offices To Foster Inclusive Workplace, Says "Yes"

RBC Capital analyst Michael Harvey reiterates PrairieSky Royalty (TSX:<a class="ticker" href="https://www.benzinga.com/stock/PSK#TSX">PSK</a>) with a Outperform and maintains C$35 price target.

TSX:PSK

RBC Capital Reiterates Outperform on PrairieSky Royalty, Maintains C$35 Price Target

Billionaire<a href="https://www.benzinga.com/money/best-oil-stocks"> oil baron</a> Bill Koch is selling his 52-acre luxury compound in the world-renowned skier's paradise of Aspen, Colorado for $125 million. Although Koch's name might not be as well-known as that of the superstar jet set that has turned Aspen into one of the world's wealthiest enclaves, his financial might and political reach extend around the globe. Along with his late brother, Charles, Koch is one of the GOP's most important political benefactors.
The Koch brothers garnered quite a bit of fame throughout the 2000s by financially backing GOP initiatives, a position that also allowed them to shape significant aspects of GOP policy. The source of those funds stretches back to the early 20th century when the family patriarch, Fred Koch, made a small fortune helping Soviet leader Joseph Stalin modernize the fledgling Soviet Union's oil industry. Ironically, Koch and his sons are fierce anti-communists.&nbsp;
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<li>The secret weapon in billionaire investor portfolios that you almost certainly don't own yet. <a href="https://www.benzinga.com/money/masterworks-y2">See which asset class has outpaced the S&amp;P 500 (1995-2024) – and with near-zero correlation.</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/go/arrived-private-credit-yf">7-9% target yield with monthly dividends would you invest in it</a>?</li>
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Bill and Charles took over the family oil business after their father died and grew it into a multi-billion-dollar global powerhouse. Bill and Charles' personal fortunes rose with their company and they eventually branched out into real estate deals. According to the New York Post, Bill purchased the Aspen property in 2007 for $26.5 million. It proved to be just the opening phase of a massive real estate project.&nbsp;
Through the years, he purchased neighboring land parcels totaling and made numerous improvements that turned the property into something more akin to a private resort than a single estate. He added several luxurious guest cabins and outbuildings to the property, which is just 11 miles from Aspen's luxurious downtown shopping district, the Post said.&nbsp;
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl-y2"> you can become an investor for $0.80 per share today.</a>
The Wall Street Journal estimates that the seven-bedroom, eight-bathroom lodge on the Koch property is 16,631 square feet and includes 30-foot ceilings along with sweeping views of Aspen's famous ski valley. Other luxury trappings include outdoor hot tubs with mountain views, a world-class fitness center, and a private network of roads and hiking trails that connect all the buildings on the estate.&nbsp;
Aspen's status as one of the world's premier ski destinations stretches back to the 1980s, and it has put a massive price premium on area real estate values. Even by that standard, the Koch property's value may never be higher and that is motivating his decision to sell. Speaking to The Journal, Koch said, "We looked at the strong housing market and figured it was time to let someone else enjoy it," when explaining why he re-listed the property.
See Also: This Jeff Bezos-backed startup will allow you to <a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=byerscta100">become a landlord in just 10 minutes, with minimum investments as low as $100</a>.
According to the Post and The Journal, Koch attempted to sell the property for $100 million in 2015. He would eventually lower the price to $80 million and even offered to parcel it out. He reportedly sold 31 acres for $14.5 million but retained the main parcel and many of the buildings. Koch also generated<a href="https://www.benzinga.com/markets/25/02/43470819/heres-how-you-can-earn-100-in-passive-income-by-investing-in-alexandria-real-estate-stock"> passive income</a> from the estate by renting it out for $35,000/per night or $300,000 per month.&nbsp;
Aspen-area broker Steven Shane of Compass isy representing the property. In an interview with the Post Shane said, "While the ultra-wealthy may have many investment opportunities, none rival the profound richness of sharing time with loved ones across generations. Aspen's 125 Rooney Circle is one such property." It can all be yours if you love skiing and you can meet the $125 million asking price.&nbsp;
Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today.<a href="https://smartasset.com/retirement/find-a-financial-planner?utm_source=benzinga&amp;utm_campaign=ben&amp;utm_content=y2_5MilNestEgg"> SmartAsset&#8217;s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost</a> to decide which one is right for you.
<h2 class="wp-block-heading">Arrived Achieved A Total Return of 34.7% On Their Biggest Sale Yet — Diversify Your Monthly Income Stream With Fractional Real Estate</h2>
<a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=centennial">Arrived allows individuals to invest in shares of rental properties for as little as $100, providing the potential for monthly rental income and long-term appreciation without the hassles of being a landlord</a>. With over $1 million in dividends paid out last quarter and a growing selection of properties across various markets, Arrived offers an attractive alternative for investors seeking to build a diversified real estate portfolio.&nbsp;
In October 2024, Arrived sold The Centennial, achieving a total return of 34.7% (11.2% average annual returns) for investors. <a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=centennial">Arrived aims to continue delivering similar value across our portfolio through careful market selection, attentive property management, and thoughtful timing in sales.</a>
Looking for fractional real estate investment opportunities? The <a href="https://www.benzinga.com/alternative-investments/real-estate">Benzinga Real Estate Screener</a> features the latest offerings.

Real Estate

Oil Tycoon And GOP Megadonor Bill Koch Selling His 52-acre Aspen, Colorado Compound For $125 Million

<a href="https://x.com/kaitlancollins/status/1889716749504823412" title="https://x.com/kaitlancollins/status/1889716749504823412">https://x.com/kaitlancollins/status/1889716749504823412</a>

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CNN Reporter Kaitlan Collins Posts On X "President Trump had a call with Russian President Putin this morning, I'm told."

TE Connectivity plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEL#NYSE">TEL</a>) shares are trading lower on Wednesday after the company agreed to acquire Richards Manufacturing Co. from Oaktree Capital Management and the Bier family in an all-cash <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43652224/te-connectivity-to-acquire-richards-manufacturing-to-expand-position-in-fast-growing-energy-market" rel="noreferrer noopener">transaction of around&nbsp;$2.3 billion</a>.
The deal enhances TE&#8217;s position in North America&#8217;s electrical utility market by integrating complementary products and leveraging Richards&#8217; expertise to capitalize on growth in underground electrical networks.
The company expects the acquisition to generate mid-teens returns on invested capital, driven by tax, revenue, and cost synergies.
The transaction is expected to close in TE Connectivity&#8217;s fiscal third-quarter ending June 2025.
The company plans to integrate business into its Industrial Solutions segment, contributing approximately $400 million in annual sales with <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">EBITDA margins in the mid-30% range</a>.
The deal is expected to boost TE&#8217;s sales growth and operating margins, with an anticipated 10 cents accretion to adjusted EPS in the first full year, excluding acquisition-related expenses.
TE Connectivity CEO&nbsp;Terrence Curtin said, &#8220;The acquisition of Richards Manufacturing aligns with our strategy and positions us to further capitalize on an accelerating grid replacement and upgrade cycle in&nbsp;North America, driven by aging infrastructure, the increased hardening of the network and the upgrades that are required to support the increase in energy demand.&#8221;
The company plans to finance the transaction through cash and additional debt. As of December&nbsp;27, TE&#8217;s cash and cash equivalents stood at $1.254 billion.
Last month, TE Connectivity reported first-quarter 2025 adjusted EPS of $1.95, surpassing the $1.89 estimate, while sales of $3.84 billion fell short <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/n43122031/te-connectivity-announces-first-quarter-results-for-fiscal-year-2025" rel="noreferrer noopener">of the $3.91 billion estimate</a>.
Investors can gain exposure to the stock via Investment Managers Series Trust III FPA Global Equity ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FPAG#BATS">FPAG</a>) and Vesper US Large Cap Short-Term Reversal Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTRN#NYSE">UTRN</a>).
Price Action: TE shares are down 2.07% at $145.78 at the last check Wednesday.
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Photo via Shutterstock.

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