Streetbeat News

Partnerships

DSX

Diana Shipping has announced a time charter contract for m/v Semirio with Solebay. The charter rate is $14.15K per day with a 5% commission for third parties. The contract period is until at least November 20, 2024, and at most January 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 1:19 pm

UBER

Uber Technologies, Inc. (NYSE:UBER) has announced a new partnership with grocery chain Hy-Vee to offer on-demand and scheduled grocery delivery to customers across the Midwest. The partnership will strengthen Uber Eats' grocery selection in eight states. To celebrate the partnership, Uber Eats is offering a 50% discount on first orders of $50 or more from Hy-Vee locations and a chance to enter the Uber Eats 2023 NFL Kickoff Tickets sweepstakes.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:05 pm

LFLY

Leafly, a cannabis information resource, has announced a partnership with Greenline, a cannabis retail software provider. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 1:01 pm

ATIF

ATIF Holdings Limited (NASDAQ:ATIF) and Phoenix Satellite TV America are partnering to create a financial television program called 'Wall Street', set to launch on October 1st, 2023. The program, hosted by ATIF's President, Chairman of the Board, and CEO, Mr. Liu Jun, aims to provide accurate financial information and Wall Street interpretation to Chinese audiences globally. The show is expected to become a significant source of financial information and investment news for Chinese viewers worldwide.

Portfolio Pulse from Happy Mohamed

August 11, 2023 | 1:00 pm

MDALF

TSAT

Telesat Corporation (NASDAQ:TSAT) shares are trading higher after the company reported Q2 results and selected MDA Ltd (OTC:MDALF) as the prime satellite manufacturer for its Lightspeed Low Earth Orbit constellation. Telesat's Q2 revenue was C$180 million, a 4% Y/Y decrease, mainly due to a termination of service by a South American customer and reduced revenue from a North American customer. The company reiterated its FY23 forecast for revenues of C$690 million-C$710 million and Adjusted EBITDA of C$500 million-C$515 million.

Portfolio Pulse from Nabaparna Bhattacharya

August 11, 2023 | 12:57 pm

ACHR

ETON

TSAT

Telesat Corp reported Q2 results and announced a $2.1 billion deal with MDA as the prime satellite manufacturer for its advanced Telesat Lightspeed Low Earth Orbit constellation. Archer Aviation announced a $215 million investment and a litigation settlement and collaboration with Wisk Aero and Boeing. Eton Pharmaceuticals reported Q2 EPS of $0.18, beating the $(0.09) estimate, and sales of $12.00M, beating the $6.51M estimate.

Portfolio Pulse from ryanfaloona@benzinga.com

August 11, 2023 | 12:26 pm

ACHR

BA

Archer Aviation has announced a $215 million investment, causing its shares to trade higher. The company also announced a litigation settlement and collaboration with Wisk Aero and Boeing.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 12:25 pm

BA

Boeing Co (NYSE:BA) has announced that it is focusing on the upcoming Artemis II mission, with the Starliner expected to be ready for its first crewed flight in March 2024. Upon a successful first flight, NASA will certify Starliner as an operational crew system for crew rotation missions to the space station, alongside SpaceX’s Crew Dragon. Artemis II, scheduled for November 2024, will be the second of two test flights before the U.S. returns to the lunar surface.

Portfolio Pulse from Anan Ashraf

August 11, 2023 | 12:01 pm

TSAT

Telesat Corp reported its Q2 results and announced a $2.1 billion deal with MDA as the prime satellite manufacturer for the advanced Telesat Lightspeed Low Earth Orbit constellation. This news led to an increase in Telesat's share price.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 11:45 am

OXY

The US government has announced up to $1.2 billion in funding to advance the development of two commercial-scale Direct Air Capture (DAC) facilities in Texas and Louisiana. The facilities are being developed by 1PointFive, a subsidiary of Occidental, and its partners, Carbon Engineering Ltd. and Worley, and by Battelle, in coordination with Climeworks Corporation and Heirloom Carbon Technologies, Inc.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 9:30 am