Streetbeat News

Partnerships

SLRX

Salarius Pharmaceuticals, Inc. (NASDAQ:SLRX) is implementing cost-saving measures to extend its cash runway into the first half of 2025, supporting ongoing seclidemstat clinical trials for hematologic cancers and Ewing sarcoma. The company has seen encouraging results, with a 50% objective response rate in hematologic cancer trials and a 60% rate in Ewing sarcoma patients. CEO David Arthur transitions to a part-time consultant role to reduce expenses. Salarius continues to explore strategic alternatives with Canaccord Genuity, LLC to maximize shareholder value.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 1:05 pm

APCX

AppTech Payments Corp. (APCX) announced its strategic partner, InstaCash, has launched its new website www.instacash.cash, signaling progress towards the launch of a peer-to-peer mobile payments platform in Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:44 pm

D

Dominion Energy has announced an agreement to sell a 50% noncontrolling interest in the Coastal Virginia Offshore Wind Commercial Project to Stonepeak. The deal, structured through the formation of an offshore wind partnership, is valued at approximately $3 billion.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:27 pm

ARQQ

Arqit Quantum Inc. and CableFree have announced the availability of integrated quantum-safe cellular technology products for private 5G networks, utilizing symmetric key agreement. This development marks a significant step towards enhancing the security of 5G networks against quantum computing threats.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:19 pm

LUV

Southwest Airlines and the Transport Workers Union Local 555 have reached a tentative agreement for a new labor contract, covering nearly 18,000 employees including Ramp, Operations, Provisioning, and Cargo Agents. The terms of the agreement were not disclosed, but TWU 555 plans to communicate the details and voting timeline directly to its members.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 12:08 pm

HPE

JNPR

SSNGY

Juniper Networks, Inc. (JNPR) has partnered with Samsung Electronics Co (SSNGY) and Wind River to develop a virtual cell site router (vCSR), enhancing network virtualization for service providers. This collaboration integrates Juniper's Cloud-Native Router with Samsung's virtualized DU on the Wind River Studio Cloud Platform, aiming to provide operational efficiencies and flexibility for 5G deployment. Additionally, Hewlett Packard Enterprise Company (HPE) announced plans to acquire Juniper Networks for $40.00 per share, valuing the company at approximately $14 billion. The acquisition is expected to close between late 2024 and early 2025. Juniper's Q4 preliminary results showed a 6% year-over-year revenue decrease.

Portfolio Pulse from Nabaparna Bhattacharya

February 22, 2024 | 11:19 am

RDWR

Radware announced it has expanded its DDoS protection services for NOS, a leading Portuguese telecom provider. This expansion aims to enhance cybersecurity measures and ensure robust protection against DDoS attacks for NOS.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:16 am

JNPR

Juniper Networks is enhancing KK Networks' infrastructure in Pakistan by providing a scalable and resilient Cloud Metro Network, aiming to support the ISP's rapid growth.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 11:16 am

AZN

SDXAY

Sodexo has renewed its contract to provide food and facilities management services to AstraZeneca in the UK, Sweden, Denmark, Finland, and Norway for an additional five years.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:05 am

XYL

Xylem is actively collaborating with partners and communities worldwide to enhance water security throughout 2023. This initiative underscores the company's commitment to addressing global water challenges through strategic partnerships and community engagement.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 10:01 am