Streetbeat News

Partnerships

SPY

USO

VGK

Russia's Deputy Prime Minister Novak has announced that the OPEC+ deal in June has been implemented by more than 100%, with Russia fully committed to the deal.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 3:22 pm

SKIN

The Beauty Health Company (NASDAQ:SKIN) has partnered with LaserAway to supply its Hydrafacial Syndeo devices to over 125 LaserAway locations across the U.S. and any new sites opened through 2025. This follows a successful introduction of the devices in nine LaserAway locations in Southern California. The partnership will establish Hydrafacial as a standard treatment option for LaserAway's patients and will provide a stream of data and insights from each treatment performed by the Syndeo devices.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 3:20 pm

GDOT

PLS, a provider of community-based financial services, has partnered with Green Dot Corporation (NYSE:GDOT) to offer financial tools and services to PLS' five million-plus customers. The services will be powered by Green Dot's financial services platform and will include a new demand deposit account (DDA) and other tools to help customers manage their money. The partnership expands upon PLS' and Green Dot's existing collaboration offering PLS customers access to the Green Dot Network of more than 90,000 retail locations throughout the U.S.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 3:20 pm

MDVL

MedAvail has announced an agreement with Oak Lawn Pharmacy for the deployment of ten M4 MedCenters. Oak Lawn Pharmacy will fund the cost of setting up the MedCenters and plans to deploy two M4 kiosks in 2023, with the remaining units to be deployed within 24 months of contract execution.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:17 pm

AHI

AMZN

TUP

Tupperware Brands (TUP) announced a debt restructuring agreement, reducing and reallocating about $150M of cash interest and fees, and extending the maturity of about $348M of principal to FY27. Advanced Health Intelligence (AHI) announced an exclusive license deal with Changlin Network Technology Ltd. Amazon.com (AMZN) reported Q2 sales of $134.40B, beating the $131.54B estimate, and an adjusted EPS of $0.63, beating the $0.34 estimate.

Portfolio Pulse from ryanfaloona@benzinga.com

August 04, 2023 | 3:17 pm

SOPA

Society Pass Incorporated (NASDAQ:SOPA) has announced a strategic payments partnership with 2C2P, a global full-suite payments platform. The partnership will enhance e-commerce shopping in Southeast Asia by offering 2C2P's wide array of alternative payment options to customers in the Philippines and Indonesia. The move is expected to increase Society Pass's potential customer base in Southeast Asia by millions.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:16 pm

TDS

USM

TDS and UScellular have announced that they are exploring strategic alternatives for UScellular. The comprehensive process will consider a range of options.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 3:09 pm

AHI

FXI

Advanced Health Intelligence (AHI) shares resumed trading higher premarket following the announcement of a license deal in China. The deal is expected to boost AHI's market presence in China.

Portfolio Pulse from Charles Gross

August 04, 2023 | 3:06 pm

GNZUF

TM

Toyota Motor Corp (TM) has formed a joint venture with autonomous driving tech company, Pony.ai, and Guangzhou Automobile Group Co Ltd (GNZUF) to create a self-driving taxi business in China. The venture will be established this year with an investment of over 1 billion yuan (~$139 million). The companies plan to launch a Robotaxi vehicle based on Toyota's pure EV brand. In 2020, Toyota invested $400 million in Pony.ai to boost collaboration. Toyota's Q1 FY24 sales revenue was ¥10.5 trillion ($76.98 billion), higher than ¥8.5 trillion ($65.56 billion) a year ago.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 3:03 pm

CAT

PLTR

Palantir Technologies Inc (PLTR) and WesTrac Pty Ltd have renewed their partnership for five years. WesTrac, a major Caterpillar Inc (CAT) dealer, will use Palantir's Foundry operating system to enhance ROI and enable data-driven decisions. The financial terms of the deal were not disclosed.

Portfolio Pulse from Shivani Kumaresan

August 04, 2023 | 3:03 pm