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Corporate Responsibility

CSGP

MTTR

SMRT

Land & Buildings, holding over 3% of SmartRent (SMRT) shares, urges the company to explore strategic alternatives, including a sale, due to its underperformance and loss of financial community confidence. They highlight SmartRent's failure to meet growth targets and suggest that a sale could yield a significant premium for shareholders, citing the recent acquisition of Matterport (MTTR) by CoStar Group (CSGP) as an example of potential upside.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:07 pm

GEHC

GE HealthCare and Medis Medical Imaging have announced a collaboration to advance precision care in coronary artery disease (CAD) treatment by integrating Medis Quantitative Flow Ratio (Medis QFR) into GE HealthCare's Allia Platform. This partnership aims to provide a non-invasive approach for coronary physiology assessment, enhancing the cath lab environment and improving the experience for clinicians.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:01 pm

ZONE

CleanCore Solutions has successfully installed its Power Caddy units at an international airport, marking a significant step in its operations expansion. The company's innovative Power Caddy units are designed to enhance operational efficiency and sustainability at airports. This installation could signal potential growth for CleanCore Solutions in the airport facilities sector, possibly leading to more contracts and partnerships in the future.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:55 pm

AREC

American Resources Corporation, through its ReElement Technologies division, has successfully refined lithium brine feedstock using its Powered By ReElement service. This development marks a significant step forward in the company's efforts to provide sustainable and efficient lithium refining solutions.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:36 pm

NCL

Northann Corp. (NYSE:NCL) and Adornus Cabinetry announce a strategic partnership to combine Northann's 3D printing technologies with Adornus' cabinetry design and manufacturing expertise. The collaboration aims to innovate in product development, sustainability, and economic impact by creating jobs and utilizing local resources in South Carolina.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:23 pm

TSLA

Tesla Inc is using advertisements to encourage shareholder votes on CEO Elon Musk's previously rescinded $55 billion pay package and the company's potential relocation from Delaware to Texas. Despite traditionally avoiding advertising, Tesla has recently explored ads on various platforms, including Google and X, for this purpose. The move comes amid criticisms, including from investor Ross Gerber, for not advertising its product sales while focusing on Musk's pay package promotion.

Portfolio Pulse from Anan Ashraf

May 14, 2024 | 12:17 pm

ESPR

Esperion has been granted a five-year patent extension for Bempedoic Acid, a key drug in its portfolio. This extension enhances the drug's commercial lifespan and potentially its profitability.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:16 pm

CWAN

Clearwater Analytics (NYSE:CWAN) has been selected by Erste Asset Management to aggregate multi-asset client investment data, aiming to support business growth by increasing asset flows and strengthening client service. This partnership marks Erste Asset Management, a major asset manager in Central and Eastern Europe with €81.4 billion in assets, joining Clearwater's community of European buy-side clients.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:14 pm

PLUG

Plug Power's shares are trading higher following the announcement of a conditional commitment for a loan guarantee up to $1.66 billion from the Department of Energy.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:12 pm

PLUG

Plug Power Inc. has received a conditional commitment for a loan guarantee up to $1.66 billion from the Department of Energy to finance the development, construction, and ownership of up to six green hydrogen production facilities.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:07 pm