Streetbeat News

Partnerships

VERX

Vertex, Inc. (NASDAQ:VERX) has announced a strategic partnership with Pagero, a global network leader for the exchange of invoices and other business documents. The partnership aims to provide a seamless solution for businesses to ensure continuous indirect tax compliance and improve their invoicing lifecycle. The joint offering simplifies indirect tax compliance and streamlines Continuous Transaction Controls (CTC) requirements, providing direct access to data for CTC, e-invoice clearance, real-time reporting and Peppol access for electronic B2B and B2G compliant document and data exchange.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:01 pm

AKU

INVO

LICY

LMDX

RVMD

XRTX

US stocks traded lower with the Dow Jones index falling over 100 points. The Chicago Fed National Activity Index increased to +0.02 in September from -0.22 in the prior month. LumiraDx Limited, INVO Bioscience, and Akumin Inc. saw their shares rise after various strategic collaborations and agreements. Li-Cycle Holdings Corp., Revolution Medicines, and XORTX Therapeutics saw their shares drop due to halted projects and clinical trial data.

Portfolio Pulse from Lisa Levin

October 23, 2023 | 1:43 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has announced its participation in a joint venture to own and operate offshore wind vessels. The joint venture has ordered two Commissioning Service Operation Vessels (CSOVs) from VARD and holds the option to acquire two more. The company's partners in this venture include Blue Star Group GmbH & Cie. KG, SeaRenergy Offshore Holding GmbH and SeraVerse GmbH. The transaction is still subject to negotiation and customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 1:24 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has announced its participation in a joint venture to own and operate offshore wind vessels. The venture has ordered two Commissioning Service Operation Vessels (CSOVs) from VARD and holds the option to acquire two more. Partners in the venture include Blue Star Group GmbH & Cie. KG, SeaRenergy Offshore Holding GmbH and SeraVerse GmbH. The transaction is subject to negotiation of definitive documentation and satisfaction of customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 1:23 pm

CSE:TRUL

OTCQX:TCNNF

Cannabis-infused fine dining is coming to downtown Edmonton, Alberta, through a restaurant called CBD CBN. The restaurant is a collaboration with Health Canada-approved medical cannabis producer Token Naturals Ltd. In New York City, former cannabis prisoners have opened a weed shop called CONBUD. Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) has opened a new medical dispensary in Apollo Beach, Florida. Sanctuary Cannabis has also opened two new stores in Florida. In California, Root'd In The 510 Equity Weed Dispensary has introduced an on-site consumption lounge. The Landing Dispensary, in partnership with Firelands Scientific, has opened in Cincinnati, Ohio.

Portfolio Pulse from Jelena Martinovic

October 23, 2023 | 1:21 pm

APLM

ARVN

LMDX

LumiraDx (LMDX) partners with AstraZeneca and Everton in the Community to set up England's first heart and lung screening hub, causing its stock to surge by 387%. Apollomics (APLM) announces 75% overall response rate in NSCLC patients with MetEx14 Skipping Mutation from Vebreltinib, leading to a 34% increase in its stock. Arvinas (ARVN) reports positive interim data from second generation ARV-766 in mCRPC, reinforcing the potential of its PROTAC® AR Degraders and causing a 9% rise in its stock.

Portfolio Pulse from ryanfaloona@benzinga.com

October 23, 2023 | 12:56 pm

ASLE

DCO

SPCE

SpaceX, the aerospace manufacturer founded by Elon Musk, has won a key satellite launch deal with the European Space Agency (ESA). The deal will facilitate the launch of several European navigation and secure communication satellites. The U.S.-based Falcon 9 rockets will take the satellites into space. This contract marks the first time EU institutions have sought SpaceX's expertise to launch satellites equipped with classified gear.

Portfolio Pulse from Shivani Kumaresan

October 23, 2023 | 12:53 pm

SYTA

Siyata Mobile Inc. has entered into a distribution agreement with GetWireless LLC for its SD7 handsets and accessories. This agreement will expand access to Siyata's products in the U.S. through GetWireless' partner programs.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 12:46 pm

JAGX

Jaguar Health and Filament Health Corp.'s joint venture, Magdalena Biosciences, has initiated a preclinical study to evaluate plant extracts for the treatment of depression, anxiety, ADHD, and other mental health indications.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 12:38 pm

BLNK

MCD

Blink Charging has installed state-of-the-art L2 electric vehicle chargers at five McDonald's restaurant locations in Puerto Rico. The installation was done under an agreement with Arcos Dorados.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 12:18 pm