Streetbeat News

Partnerships

VSAT

Viasat, Inc. (NASDAQ:VSAT) has been selected by Icelandair to provide inflight Wi-Fi for its new Airbus fleet, servicing routes between Iceland and Europe, and transatlantic flights, with deliveries starting Q4 CY 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 10:10 am

PM

Philip Morris International (PMI) has announced a $5 million investment in the Women's Business Development Council (WBDC) to support female empowerment and entrepreneurship in Connecticut. This initiative, launched in honor of Women's History Month and ahead of International Women's Day, aims to promote female economic empowerment and equality.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:10 am

CSGS

Banglalink, a prominent telecom operator in Bangladesh, has partnered with CSG (CSGS) to enhance its billing systems and support growth. This collaboration aims to improve customer experience and operational efficiency in Bangladesh's rapidly expanding telecom sector.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 6:50 am

IVBIY

Innovent Biologics, Inc. (IVBIY) and AnHeart Therapeutics announced the acceptance of a second New Drug Application (NDA) by China's NMPA for taletrectinib, a treatment for ROS1-positive lung cancer. This marks a significant step in providing a new first-line treatment option for patients with this type of cancer.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 6:15 am

TGT

Target Corporation (NYSE:TGT) is anticipated to report higher earnings for Q4 before the opening bell on March 5, 2024, with expected earnings of $2.41 per share, up from $1.89 per share year-over-year, and projected revenue of $31.83 billion, up from $31.39 billion. The company announced a collaboration with Diane von Furstenberg for a spring collection on Feb. 20. Target's shares fell 3.1% to close at $150.49 recently. Analysts from JP Morgan, Telsey Advisory Group, Oppenheimer, Stifel, and Gordon Haskett have provided various ratings and price targets for Target, indicating a generally positive outlook.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 5:54 am

DOGEUSD

ETHUSD

SHIBUSD

Shiba Inu's lead developer, Shytoshi Kusama, hints at a decentralized SHIB world, calling for community support. Kusama's comments coincide with SHIB's significant rally, making it the top-performing coin recently. The upcoming launch of Shib Name Service v1.1 is anticipated to further decentralize and enhance SHIB's ecosystem. Ethereum co-founder Vitalik Buterin comments on the underinvestment in crucial crypto technology amid meme coin surges.

Portfolio Pulse from Benzinga Neuro

March 05, 2024 | 1:10 am

EYEN

Formosa Pharmaceuticals and AimMax Therapeutics have received FDA approval for Clobetasol Propionate Ophthalmic Suspension 0.05%, aimed at treating post-operative inflammation and pain following ocular surgery. They plan to collaborate with Eyenovia, Inc. for U.S. commercialization, while also seeking to expand into additional territories and advance their early-stage pipeline.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:59 pm

BHP

CLF

GSM

MP

NEM

Ferroglobe PLC (GSM) and LONGi have entered a silicon supply agreement effective Jan. 1, 2024. MP Materials Corp. (MP) plans a $500 million Convertible Senior Notes offering. Cleveland-Cliffs Inc. (CLF) announced a $750 million senior unsecured guaranteed notes offering. BHP Group Limited (BHP) signed non-binding agreements for potash production at its Jansen mine. Newmont Corporation (NEM) initiated a private offering of notes due in 2026 and 2034 to repay borrowings.

Portfolio Pulse from Austin DeNoce

March 04, 2024 | 10:53 pm

BG

CVX

Bunge and Chevron have announced the final investment decision approval for a joint venture to construct a new oilseed processing plant in Destrehan, Louisiana. This expansion will generate over 150 construction jobs and create 30 new permanent positions once the plant is operational.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:11 pm

AMD

AMD has appointed Thomas Zacharia to focus on expanding the company's strategic relationships in the artificial intelligence (AI) sector. This move indicates AMD's commitment to strengthening its position in the rapidly growing AI market.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 10:03 pm