Streetbeat News

Partnerships

AIHS

Senmiao Technology has signed a strategic cooperation agreement with Zhongfu Wuyou Shenzhen Technology. The details of the agreement were not disclosed in the news.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 1:01 pm

AMZN

CMCSA

DIS

NFLX

PARA

SONY

WMD

Israel has partnered with Russia in a filmmaking pact, drawing backlash amid the ongoing conflict with Ukraine. Major U.S. film companies, including Netflix, Amazon, Warner Bros. Discovery, Disney, Sony, Paramount Global, and Comcast, have stopped releasing movies in Russia and some have left the country completely. The partnership between Israel and Russia could potentially impact movie and television companies partnered in Israel or on Israeli films, as they may face difficult decisions regarding films that could end up being screened in or financed by Russia.

Portfolio Pulse from Chris Katje

September 08, 2023 | 12:52 pm

BIOC

Biocept has entered into a non-exclusive licensing agreement for CNSide with Plus Therapeutics. This news has led to an increase in Biocept's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:36 pm

LEBGF

TOON

Legible Inc. has secured worldwide rights to publish and distribute Stan Lee's Workforce in a deal with Kartoon Studios. This expands Legible's existing partnership with Kartoon Studios and positions the company as an emerging global publisher. The deal also includes the development and distribution of approximately 12 original comic book series based on never-before-seen Stan Lee creations.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:35 pm

AIRI

Air Industries Group (NYSE:AIRI) has secured the welding equipment, related tooling and peripheral equipment used to weld the arresting gear that secures the E-2D aircraft's tail hook. This makes Air Industries the sole provider of this mission-critical welding process for the E-2D platform. The E-2D Advanced Hawkeye is a carrier-based, battle-management aircraft, and approximately 65 E-2Ds are active in the fleet, which is forecast to expand by more than 40% to 93 aircraft in 2027. Air Industries' E-2D product backlog is close to $20 million, or 29% of their total backlog.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:34 pm

BRTX

BioRestorative Therapies, Inc. (NASDAQ: BRTX) has announced the activation of Northwell Health in the company's Phase 2 clinical trial targeting chronic lumbar disc disease. This activation allows for patients in New York to participate in the BRTX-100 trial. The company's lead clinical candidate, BRTX-100, is a novel cell-based therapeutic engineered to target areas of the body that have little blood flow and limited oxygen supply. The trial will evaluate the safety and preliminary efficacy of a single dose of BRTX-100.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:33 pm

BLK

FXI

China's Securities Regulator has held discussions with both domestic and overseas investors, including Temasek, Bridgewater, and BlackRock. The details of the discussions were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:19 pm

KR

Kroger has announced that its 2023 identical sales outlook will be negatively impacted by about 150 basis points due to the termination of its agreement with Express Scripts.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:03 pm

PVH

PVH Corp's subsidiary Calvin Klein has signed a licensing deal with Revman to design, manufacture, and distribute home accessories in the U.S., Canada, and Mexico. The first Calvin Klein home collection is expected to launch in Spring 2024. In Q2 FY23, PVH reported sales growth of 4% YoY to $2.21 billion, beating analyst consensus.

Portfolio Pulse from Lekha Gupta

September 08, 2023 | 12:02 pm

GLT

Glatfelter Corporation (GLT) has entered into a partnership with Ekman & Co. to market Glatfelter's Abaca pulp through Ekman's global sales agency platform. The partnership aims to leverage Ekman's logistical platform and expertise in specialty pulp to reach new markets for Abaca pulp, a unique, durable, strong fiber with a variety of applications.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 12:00 pm