Streetbeat News

Partnerships

NVEI

Nuvei Corporation (NASDAQ:NVEI) has partnered with Familiprix, a major Canadian pharmacy chain, to launch an eCommerce app allowing Familiprix customers to make online purchases for the first time. Nuvei's payment platform will provide authorization, settlement, and user management solutions to Familiprix, aiming to optimize payment operations and enhance customer experience with secure online transactions. The partnership is expected to extend Familiprix's market reach and improve service offerings to its customers across Quebec and New Brunswick.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:07 pm

EDIT

VRTX

Editas Medicine has entered into a license agreement with Vertex Pharmaceuticals, granting Vertex a non-exclusive license to use Editas' Cas9 gene editing technology for CASGEVY™ (exagamglogene autotemcel). This agreement extends Editas Medicine's cash runway into 2026.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:06 pm

AFRM

Affirm (NASDAQ: AFRM) has partnered with Zenni Optical to offer a flexible payment option for customers purchasing eyewear. Eligible Zenni customers can now split purchases over $75 into monthly payments without hidden or late fees. The partnership aims to enhance the customer experience and increase purchasing power responsibly. Affirm's payment option has already shown an increase in average spending on eyewear during Black Friday, indicating strong consumer demand for such flexible payment solutions.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:02 pm

AUVI

AYI

Applied UV, Inc. (AUVI) shares are rising after the company announced a partnership with Silver Cross Hospital to implement Far-UVC Puro Protect 222nm fixtures in the hospital's Sterile Processing Department. The technology, co-developed with Acuity Brands, Inc. (AYI), is designed to reduce microbial contamination and is safe for human exposure. Applied UV also conducted a 1-for-25 reverse stock split to comply with Nasdaq's minimum bid price requirement. AUVI shares are up 6.80% to $2.20 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

December 13, 2023 | 2:02 pm

ACIW

Banco de la República, Colombia's Central Bank, is partnering with ACI Worldwide (NASDAQ:ACIW) to create a new real-time payments ecosystem as part of a nationwide banking transformation project set to go live in 2025. The project aims to build an interoperable, centralized settlement and addressing services for existing and future payment schemes. This initiative is expected to drive economic growth and financial inclusion in Colombia, with real-time payments transactions projected to increase significantly. ACI Worldwide, a leader in real-time payments software, has a track record of powering 25 domestic and pan-regional real-time schemes globally.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:01 pm

HNHPF

NXPI

The NXP S32G3 vehicle networking processor is being used in high-end electric vehicles (EVs) by Chinese companies and will be featured in Hon Hai Technology Group's (Foxconn) Model C series, as reported by industry sources.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:57 pm

NVDA

TSM

Nvidia has reportedly placed orders with TSMC for AI processors destined for China, which require SHR technology. Fulfillment is expected to begin in Q1 2024, as per industry sources cited by DigiTimes.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:57 pm

CNDT

Conduent Incorporated (NASDAQ:CNDT) has been selected by the Delaware Department of Health and Social Services to implement its Maven Disease Surveillance & Outbreak Management System. This cloud-based platform will modernize Delaware's public health surveillance systems, allowing for improved monitoring, reporting, and understanding of public health threats and infectious disease outbreaks. Maven is already used across 22 jurisdictions and is supported by a team of epidemiologists.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:51 pm

ZJYL

Jin Medical International Ltd. (NASDAQ:ZJYL) has announced its portable nano-thermal therapy bath has been selected for the 'Lao Le Hui' Assisted Bathing Project in Shanghai, aimed at serving 100,000 elderly individuals. The company will provide 1,000 sets of this equipment, which uses nano-water particle thermal therapy technology to offer a comfortable bathing experience without immersion. The project, supported by various partners, will also train 2,000 bathing attendants and aims to enhance elderly care services.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:41 pm

SNAX

Stryve Foods has announced a strategic partnership with Acosta Group aimed at increasing market share, expanding distribution channels, and enhancing brand visibility. This collaboration is anticipated to yield positive results for both parties involved.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:40 pm