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Corporate Responsibility

MIR

Mirion Technologies (NYSE:MIR) has entered into an agreement with TerraPower to design and fabricate components for the Molten Chloride Reactor Experiment (MCRE), a pioneering nuclear reactor technology. This collaboration is part of the U.S. Department of Energy's Advanced Reactor Demonstration Program and aims to promote sustainable, low-carbon energy solutions. Mirion will supply a Nuclear Instrumentation System for the MCRE, which is a critical safety component for the reactor.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:14 pm

NLSP

NLS Pharmaceutics has executed a non-binding term sheet for licensing its intellectual property and secured an additional bridge loan from insiders to extend its cash runway. The company has also implemented significant internal cost reductions. The terms of the strategic partnership and bridge loan are not yet finalized, with the intent to close the transaction in Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 1:10 pm

BABA

Alibaba plans to develop its cloud business to cater to the growing demand for AI computing, as discussed in their conference call.

Portfolio Pulse from Charles Gross

November 16, 2023 | 12:39 pm

NOVA

Sunnova Energy has announced the expansion of its Global Command Center, aiming to redefine customer service standards in the solar industry. This strategic move is expected to enhance the company's service capabilities and customer satisfaction.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:33 pm

NGVC

Natural Grocers has announced the launch of its second annual 'Heroes in Aprons' holiday fundraiser. The initiative is designed to support the company's staff during the holiday season.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:30 pm

LH

Labcorp and Tigerlily Foundation have launched I AM INCLUDED, a framework for sharing best practices among US diverse clinical trial site leaders to promote inclusive cancer clinical trials. The initiative aims to modernize and improve the inclusivity of clinical trials.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:22 pm

TM

Toyota Motor North America has expanded its recycling agreement with Redwood Materials to manage end-of-life batteries from Toyota's electrified vehicles. This collaboration aims to establish a sustainable solution for recycling and repurposing automotive batteries, ensuring environmentally responsible disposal and potential material recovery.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:20 pm

GNS

Genius Group has announced the launch of the Exponential Entrepreneur Awards in collaboration with OpenExO. The awards aim to recognize and celebrate entrepreneurs who have made significant contributions to their industries through innovative and exponential growth strategies. This initiative could potentially enhance Genius Group's reputation and visibility in the entrepreneurial and educational sectors.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 12:12 pm

GSK

HLN

JNJ

KVUE

SNY

Sanofi SA (NYSE:SNY) is considering spinning off its consumer health division, potentially valued over $20 billion, with Rothschild & Co. advising on the process. The spinoff, expected by Q4 2024, aims to focus Sanofi on innovative medicines and vaccines. Major buyout firms are interested in the division, which includes products like Phytoxil, Icy Hot, and Dulcolax. The move follows similar actions by GSK Plc (NYSE:GSK) and Johnson & Johnson (NYSE:JNJ), who spun off Haleon Plc (NYSE:HLN) and Kenvue Inc (NYSE:KVUE). Sanofi's shares dropped 0.68% in premarket trading.

Portfolio Pulse from Vandana Singh

November 16, 2023 | 11:58 am

MET

MetLife has completed a risk transfer transaction with Global Atlantic Financial Group, which will expedite the run-off of MetLife Holdings. This transaction involves approximately $19 billion of statutory reserves.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 11:53 am