On Tuesday, Eversource Energy ( ES ) announced its acquisition of a 26-acre portion of the Mystic property from Constellation Energy Corporation ( CEG ) . This acquisition is part of Eversource’s broader plan to support Massachusetts’ clean energy transition while maintaining reliable service across New England. The Mystic site, located in Everett, holds significant potential to become a multi-use...

Investors with a lot of money to spend have taken a bearish stance on Block . 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 SQ,...

MultiPlan Corporation ( MPLN ) shares surged on Tuesday after it disclosed a comprehensive refinancing plan to extend the maturities of its entire debt structure. The company has entered into a Transaction Support Agreement with key noteholders and lenders, collectively representing approximately 78% of its outstanding debt. This includes replacing existing revolving credit commitments with $350 million in new “first-out”...

(Reuters) -China's WuXi AppTec said on Tuesday its subsidiaries have signed a deal with U.S.-based private equity firm Altaris LLC for the sale of its cell and gene therapy manufacturing unit, WuXi Advanced Therapies, for an undisclosed sum. The company, along with other Chinese firms, have been at the center of new U.S. laws aimed at restricting their businesses in...