Streetbeat News

Partnerships

ALEC

GSK

The FDA has awarded Breakthrough Therapy Designation to Latozinemab, a joint investigational drug by Alector and GSK, aimed at treating frontotemporal dementia by blocking sortilin to increase progranulin levels in patients with a progranulin gene mutation.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:12 pm

GOGO

NetJets has signed a new agreement with Gogo Business Aviation to upgrade its U.S. fleet with Gogo's advanced connectivity solutions, including Gogo AVANCE L5, Gogo 5G, and Gogo Galileo LEO broadband satellite service. This deal extends their 20-year partnership and also benefits NetJets Owners in Europe with Gogo Galileo.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:04 pm

IPG

OMC

SBGI

Wall Street's most accurate analysts have provided updates on three high-yielding tech and telecom stocks: Omnicom Group Inc. (OMC), The Interpublic Group of Companies, Inc. (IPG), and Sinclair, Inc. (SBGI). These stocks offer dividend yields ranging from 3.15% to 6.73%. Recent updates include price target adjustments and ratings maintenance, with notable recent news such as Omnicom's better-than-expected earnings and Sinclair's partnership with Futuri to innovate TV sales with AI technology.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 12:03 pm

ACM

Aecom announced that several of its projects for major U.S. transportation clients have secured approximately $16.4 billion in funding from the Federal-State Partnership for Intercity Passenger Rail Grant Program. This funding will support Aecom's ongoing and future projects in the U.S. transportation sector.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 12:00 pm

NXU

Nxu has signed a Memorandum of Understanding with Lynx Motors to negotiate and execute a partnership agreement. This partnership will enable Lynx to purchase three years of unlimited Nxu EV charging for its Lynx classic vehicle customers.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:46 am

ABT

PODD

Insulet has received CE Mark approval for the compatibility of the Abbott FreeStyle Libre 2 Plus sensor with its Omnipod 5 Automated Insulin Delivery System for individuals aged two years and older under the European Medical Device Regulation.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:42 am

HLT

Hilton Worldwide has entered into an exclusive partnership with Small Luxury Hotels of the World (SLH), aiming to expand its luxury hotel offerings. This collaboration will allow Hilton to offer its customers access to SLH's unique portfolio of boutique luxury hotels around the globe, enhancing Hilton's competitive edge in the luxury segment.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 11:03 am

HOLO

MicroCloud Hologram announced its intention to join the Communications Industry Association, signaling a strategic move to expand its presence in the communications sector.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:58 am

PERI

Perion Network Ltd. announced a partnership between its DOOH platform, Hivestack, and Eletromidia, a leading OOH media company in Brazil. This collaboration integrates Hivestack's programmatic technology with Eletromidia's extensive digital inventory of over 46,000 screens across Brazil's major cities, aiming to enhance advertising reach and effectiveness.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 10:51 am

NIO

NIO Inc. (NYSE:NIO) shares dropped over 2% in premarket trading after a 12% gain in the previous session. The decline follows the resignation of director James Gordon Mitchell and the appointment of Eddy Georges Skaf and Nicholas Paul Collins as new directors. NIO reported a 18.2% year-over-year increase in vehicle deliveries for January 2024, with a total of 10,055 vehicles delivered. The company also announced strategic partnerships with JAC Group and Chery Automobile for battery swapping.

Portfolio Pulse from Nabaparna Bhattacharya

February 07, 2024 | 10:39 am