Streetbeat News

Partnerships

F

GM

STLA

The UAW President has announced that there is no tentative agreement yet with companies, but significant progress is being made. Stellantis has agreed to reinstate Cola. Ford, General Motors, and Stellantis may be involved in the discussions.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:21 pm

GM

The President of the United Auto Workers (UAW) has announced that General Motors (GM) has agreed to include electric vehicle (EV) battery plants under the master contract. This information was cited from a live stream by Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:18 pm

GM

The United Auto Workers (UAW) leader has announced that General Motors (GM) has agreed in writing to place battery manufacturing under the UAW national agreement. This could potentially impact labor relations and operations at GM.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:17 pm

F

GM

STLA

The United Auto Workers (UAW) union has announced that there are breaking developments in their negotiations. The companies potentially involved in these negotiations include Ford (F), General Motors (GM), and Stellantis (STLA).

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:07 pm

NTDOY

Nintendo ADR (OTC:NTDOY) and Lego have announced a new Animal Crossing-themed Lego set, building on their existing partnership. The set, which is expected to include at least eight minifigures and elements like fruit trees and flowers, marks the first-ever Animal Crossing Lego set. A release date for Animal Crossing is expected for March 2024, but neither Nintendo nor Lego has confirmed.

Portfolio Pulse from Franca Quarneti

October 06, 2023 | 4:37 pm

LAZR

VLVLY

Luminar Technologies (NASDAQ:LAZR) has successfully passed its first major Run at Rate production test for Volvo Cars at its manufacturing facility in Monterrey, Mexico. This is a key requirement for automakers before the start of production. The test evaluated Luminar's ability to manufacture its LiDAR sensors on its automated line in Mexico to meet higher levels of production rates, quality, reliability, and performance requirements. The Volvo EX90 will feature Luminar as standard on every vehicle.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 4:16 pm

EVC

PINS

Entravision Communications Corp (EVC) has announced an international sales partnership with Pinterest Inc (PINS). The deal will allow Entravision to provide advertisers outreach and campaign management in several countries where Pinterest doesn't serve ads, including Southeast Asia, Latin America, Africa, Europe, and the Middle East. Financial terms of the deal were not disclosed.

Portfolio Pulse from Lekha Gupta

October 06, 2023 | 3:45 pm

NuScale Power

Standard Power has chosen NuScale Power's approved SMR technology and ENTRA1 Energy to support two projects. This has led to an increase in NuScale Power's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 3:01 pm

AMZN

Medterra, a maker of hemp-derived CBD products, has announced its official launch on Amazon's platform. This move is expected to provide customers with easier access to Medterra's premium hemp products. To celebrate the launch, Medterra will participate in Amazon Prime Day Promotions on October 10 and 11, offering special deals and discounts on a range of its products.

Portfolio Pulse from Jelena Martinovic

October 06, 2023 | 2:55 pm

ALSN

Allison Transmission Holdings Inc (ALSN) has launched eGen Power 85S axles, a new addition to its fully electric axles family. The product will be integrated into Isuzu Novo VOLT fully electric buses, marking the first time an eGen Power e-Axle has been used in a midi bus application. In August, ALSN secured a contract from Mack Trucks for its 4500 Rugged Duty Series (RDS). As of June 30, 2023, the company's cash and equivalents stood at $351 million.

Portfolio Pulse from Lekha Gupta

October 06, 2023 | 2:53 pm