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Corporate Responsibility

AGIO

Agios Pharmaceuticals, Inc. (AGIO) announced its participation in the EHA2024 Hybrid Congress in Madrid, Spain, from June 13-16, 2024, where it will present data from its Phase 3 ENERGIZE Study of Mitapivat in Non-Transfusion-Dependent Thalassemia during a plenary session. Additional presentations will include Quality of Life data from the ENERGIZE study and the design of the Phase 3 RISE UP Study of Mitapivat in Sickle Cell Disease. Agios will also host a virtual investor event on June 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 2:02 pm

TSLA

Elon Musk announced that the upcoming Tesla Roadster will be faster than the Model S Plaid, aiming for a 0 to 60 mph acceleration in less than 1 second. This decision was shared on X (formerly Twitter), surprising Tesla employees. Musk criticized a report by The Information regarding the Roadster's specs and the cancellation of the Model 2 project for a focus on robotaxis. The Roadster, benefiting from a Tesla and SpaceX collaboration, is expected to debut by end of 2024 with deliveries in 2025.

Portfolio Pulse from Anan Ashraf

May 14, 2024 | 1:32 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares surged 64% after receiving a conditional commitment for a $1.66 billion loan guarantee from the Department of Energy to finance up to six green hydrogen production facilities. This move aligns with the Biden Administration's Justice 40 Initiative and marks a significant step in Plug Power's expansion of its green hydrogen network in the U.S.

Portfolio Pulse from Nabaparna Bhattacharya

May 14, 2024 | 1:26 pm

PSO

Pearson's Connections Academy has partnered with Future Business Leaders of America (FBLA) to offer students enhanced educational experiences. This collaboration aims to provide students with real-world business and leadership skills, preparing them for future success in the business world.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:11 pm

NUWE

Nuwellis has announced the expansion of its ultrafiltration program to include pediatric patients, aiming to address the specific needs of this demographic with their innovative technology.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:07 pm

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