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ABBV

Allergan Aesthetics, an AbbVie company (NYSE:ABBV), announced the U.S. FDA approval of JUVÉDERM VOLUMA XC for temple hollowing improvement in adults. This marks the first FDA approval for a hyaluronic acid dermal filler in the upper face, addressing a significant unmet need. Clinical studies showed over 80% improvement in temple hollowing three months post-treatment, with results lasting up to 13 months. The approval underscores Allergan Aesthetics' commitment to innovation and patient care.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:18 pm

SABR

Sabre Corporation (NASDAQ:SABR), a global travel technology provider, announced Gail Mandel as the new non-executive Chair of the Board, effective at the 2024 Annual Meeting on April 24. Mandel, a former Wyndham Worldwide executive and current Sabre Board member since April 2020, will succeed Sean Menke, who is retiring. Mandel's leadership aims to drive Sabre's strategic transformation, focusing on innovation and sustainable growth. Menke, having served since 2016, is credited with leading Sabre through significant challenges and technological advancements.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:17 pm

HUGE

FSD Pharma announced the presentation of Lucid-21-302 data at the ACTRIMS Forum, scheduled for February 29 to March 2. This event is significant for the company as it showcases their latest research findings.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:16 pm

PCRFY

TM

Toyota Motor Corporation (NYSE:TM) is set to acquire full ownership of Primearth EV Energy Co., Ltd. (PEVE), a joint venture with Panasonic Holdings Corporation (OTC:PCRFY), to expand its battery production for electric vehicles. This move aims to enhance Toyota's capabilities in mass-producing automotive batteries, including those for hybrid electric vehicles (HEVs), battery electric vehicles (BEVs), and plug-in hybrid electric vehicles (PHEVs), supporting Toyota's goal of carbon neutrality. The acquisition is expected to be completed in late March.

Portfolio Pulse from Shivani Kumaresan

March 05, 2024 | 1:10 pm

AMTX

Aemetis, Inc. has been granted the necessary air permits to proceed with the construction of its Riverbank Sustainable Aviation Fuel Plant. This development marks a significant step forward in the company's efforts to produce environmentally friendly aviation fuel.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:10 pm

V

WU

Visa and Western Union have expanded their collaboration with a 7-year agreement enabling Western Union customers to send money to Visa cards and bank accounts in 40 countries. The deal includes issuing Western Union/Visa Debit Cards in North America, Asia Pacific, Latin America, and Europe, and using Visa Direct for quick fund transfers. Additionally, it will support humanitarian relief efforts with prepaid cards for government and NGO customers. This partnership aims to enhance global remittance services by leveraging Visa's global network and Western Union's digital capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:03 pm

GOOG

GOOGL

Alphabet Inc.'s Android Auto has updated to version 11.4, introducing a feature that locks certain apps, such as gaming and video streaming, while the vehicle is in motion. This update aims to promote safer driving by preventing access to these apps unless the car is parked, indicated by a 'P' icon. Additionally, Android Auto v11.4 can abbreviate long text messages to reduce distractions. This is part of Alphabet's broader effort to enhance user experience and promote seamless connectivity across Android devices, as announced at CES 2024.

Portfolio Pulse from Benzinga Neuro

March 05, 2024 | 12:23 pm

RNAC

Cartesian Therapeutics has announced the establishment of its new corporate headquarters and an mRNA cell therapy manufacturing facility in Frederick, Maryland. This move signifies the company's expansion and commitment to advancing its mRNA cell therapy research and production capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:16 pm

NDAQ

Nasdaq has outlined its strategy for growth and reaffirmed its medium-term outlook, focusing on achieving synergy and deleveraging targets from the Adenza integration. The company aims to realize 70% of its targeted $80 million in net expense synergies ahead of schedule by the end of 2024. Additionally, Nasdaq plans to accelerate its deleveraging process, intending to reach a 4.0x leverage ratio 9-12 months earlier and a 3.3x leverage ratio at least 6 months before its previously announced targets.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 12:03 pm

META

Arevon Energy and Meta Platforms, Inc. (META) have entered into two long-term Environmental Attributes Purchase Agreements for the Kelso Solar Project in Missouri, which will generate 349 MWac of solar power to support Meta's operations with 100% renewable energy. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 11:32 am