Streetbeat News

Partnerships

GE

GE Vernova has secured a 2.4 GW order for wind turbines from Pattern Energy for its SunZia Wind project. This order represents a significant step for GE in the renewable energy sector and may positively impact investor sentiment towards GE's commitment to clean energy.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:21 pm

SPGC

Sacks Parente Golf (SPG) is expanding its presence by featuring all models of its putters, including the Series 02 DRAC and Series 91 Duke, in all 126 Club Champion stores. SPG putters are known for their patented Ultra-Low Balance Point technology, face-forward center-of-gravity, and ultra-high moment of inertia, which have been proven by Golf Labs to improve various aspects of a golfer's putt.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:21 pm

SUM

Summit Materials, Inc. (NYSE: SUM) has appointed Marshall Moore as EVP, Chief Operations Officer, effective January 4, 2024. Moore has a 35-year history in manufacturing and supply chain management, and previously held leadership roles at Synthomer and OMNOVA Solutions. His responsibilities at Summit will include enhancing operational excellence, integrating the acquisition of Argos USA, and driving value across all lines of business as part of the company's Elevate Strategy.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:17 pm

GT

TDK Corporation and The Goodyear Tire & Rubber Company have announced a partnership to enhance tire intelligence technologies. The collaboration aims to speed up the development and integration of smart hardware and software into tires and vehicle systems. Financial details of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:06 pm

LNTH

Perspective Therapeutics has entered into an agreement with Lantheus Holdings, where Lantheus will pay $28 million upfront for the exclusive option to negotiate for an exclusive license to Perspective Therapeutics' Pb212-VMT-α-NET.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:05 pm

GT

Goodyear Tire & Rubber Company and ZF have successfully integrated Goodyear's tire intelligence technologies, Goodyear SightLine, with ZF's vehicle motion control software, ZF cubiX. This collaboration aims to enhance the driving experience by providing better comfort, control, and efficiency through improved tire and road data integration into the chassis system. Financial terms of the collaboration were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 1:03 pm

MBGAF

Mercedes-Benz Group (OTC:MBGAF) has collaborated with Will.i.am to create the MBUX SOUND DRIVE, a system that turns driving dynamics such as acceleration, braking, and steering into music. The system uses vehicle sensors to generate music tracks in real-time, reflecting the car's movements. Demonstrated at CES 2024, it is set to launch globally in mid-2024 for select vehicles. This partnership builds on previous collaborations between Will.i.am and Mercedes AMG.

Portfolio Pulse from Anan Ashraf

January 09, 2024 | 12:48 pm

BA

COIN

JNPR

Analysts predict Bitcoin ETFs could face premiums up to 8% amid high anticipation and lobbying efforts for approval. Cathie Wood's ARK Invest halts Coinbase selling and invests $8M in a chip giant. Emirates President highlights Boeing's quality control issues after a 737 Max 9 incident. Jim Cramer believes Bitcoin is topping out as ETF approval nears. Solana-based meme coin Bonk surges 30%. Former SEC Chair Jay Clayton sees Bitcoin ETF approval as inevitable. Juniper Networks' stock surges on news of a potential $13B acquisition by Hewlett Packard Enterprise.

Portfolio Pulse from Akanksha Bakshi

January 09, 2024 | 12:47 pm

EOSE

TTI

Eos Energy Enterprises, Inc. (EOSE) and TETRA Technologies, Inc. (TTI) have expanded their partnership with a new agreement that designates TETRA as the preferred strategic supplier for Eos's Eos Z3™ energy storage cube. TETRA will supply at least 75% of the electrolyte product demand. The four-year agreement builds on their 2021 partnership and includes cost-saving incentives, with the potential to extend beyond the initial term. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 12:34 pm

ASTI

Ascent Solar Technologies, Inc. (ASTI) has signed a letter of intent to supply yearly solar array orders to an undisclosed private company, with deliveries starting in 2027. This agreement could potentially increase ASTI's future revenues and strengthen its position in the solar energy market.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 12:30 pm