Streetbeat News

Partnerships

ACN

Accenture Federal Services, a subsidiary of Accenture Plc (NYSE:ACN), has been awarded a position on the IRS systems modernization blanket purchase agreement with a ceiling value of $2.6 billion. The agreement has a performance period of seven years, and Accenture will compete for future task orders to assist the IRS Applications Development Office.

Portfolio Pulse from Akanksha Bakshi

May 24, 2023 | 3:18 pm

UNP

The Brotherhood of Locomotive Engineers and Trainmen (BLET) and Union Pacific Railroad have reached a tentative agreement to improve work schedules and time off for locomotive engineers. The new 11 days on, 4 days off schedule is expected to be implemented within a year of ratification.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 3:13 pm

HTCR

Heartcore Enterprises (NASDAQ:HTCR) shares are trading lower after signing a partnership agreement with Japanese printing company Toppan. The partnership aims to expand Toppan's digital marketing business using Heartcore's content management system, and both companies plan to collaborate on other joint ventures.

Portfolio Pulse from Adam Eckert

May 24, 2023 | 2:36 pm

TM

Toyota Motor Corp (NYSE:TM) and Savion have signed a power purchase agreement for Toyota to offtake 100-megawatts (MW) of electricity generated by Savion's Martin County Solar Project. The project will convert the former Martiki Coal Mine into a solar photovoltaic energy facility, with construction starting in mid-2023 and commercial operation expected in 2024.

Portfolio Pulse from Shivani Kumaresan

May 24, 2023 | 2:22 pm

PLNHF

Presidential Cannabis Co. has expanded into Arizona, Michigan, Nevada, and Oklahoma, marking its entrance into states beyond California. The company's products will be available in dispensaries across these states, with over 40% market share in Nevada within three months. Retail partners include Planet 13 (OTCQX:PLNHF).

Portfolio Pulse from Vuk Zdinjak

May 24, 2023 | 2:19 pm

BA

Boeing has provided experienced pilots to support over 60 airlines in 2022, according to its annual safety report. The company also completed the development of a new data analysis platform to help predict future safety risks.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 2:09 pm

OPRA

Opera has announced the launch of Aria, a browser AI built natively into the browser, providing users with a leading generative AI service for free. The service is a result of Opera's collaboration with OpenAI.

Portfolio Pulse from Charles Gross

May 24, 2023 | 1:51 pm

CGC

DHBUF

Delivra Health Brands Inc. has granted a subsidiary of Canopy Growth Corporation an exclusive strategic license agreement to manufacture, distribute, and sell LivRelief branded topicals in Canada. The collaboration aims to secure more efficient and cost-effective supply and distribution for LivRelief infused branded topicals.

Portfolio Pulse from Vuk Zdinjak

May 24, 2023 | 1:47 pm

JKS

JinkoSolar's subsidiary, Jiangxi Jinko, has entered an equity transfer agreement to sell its 100% equity interest in Xinjiang Jinko Solar Co. for RMB4.3 billion. The deal is expected to reduce operational costs and improve production efficiency. Jiangxi Jinko also signed an investment framework agreement to construct production lines with a total annual capacity of 56 GW for an estimated investment of RMB56 billion.

Portfolio Pulse from Akanksha Bakshi

May 24, 2023 | 1:40 pm

CLPT

ClearPoint Neuro (CLPT) and UCB have entered into a license agreement for the development of a gene therapy drug delivery system. The partnership aims to improve the delivery of gene therapies for neurological disorders.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 1:26 pm