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NTOIY

OMVKY

REPYY

RYAAY

SHEL

Ryanair reported FY23 revenue growth of 124% Y/Y to €10.78 billion and a net profit of €1.43 billion, compared to a net loss of €355 million a year ago. The company's fuel needs are 85% hedged for FY24 and 25% of H1 FY25. Ryanair recently signed deals with Repsol, OMV, Neste, and Shell for sustainable aviation fuel. However, Boeing's delivery delays may impact FY24 traffic expectations.

Portfolio Pulse from Lekha Gupta

May 22, 2023 | 10:40 am

AULT

BNMV

Ault Alliance and BitNile Metaverse have launched online roulette as a social gaming feature on their platform, expanding their offerings and potentially attracting more users.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 10:34 am

F

EnergySource Minerals (ESM) has announced a binding lithium supply contract with Ford Motor Company. ESM is a leader in the domestic production of sustainably produced lithium, a key component in electric vehicle (EV) batteries.

Portfolio Pulse from Charles Gross

May 22, 2023 | 10:32 am

F

LTHM

Ford Motor has entered a long-term agreement with Nemaska Lithium for the supply of lithium products, with expected delivery of up to 13,000 tons of lithium hydroxide per year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 10:27 am

PACW

Pacwest Bancorp's subsidiary, Pacific Western Bank, has entered into a loan purchase and sale agreement with a subsidiary of Kennedy-Wilson Holdings to sell a portfolio of 74 real estate construction loans.

Portfolio Pulse from Charles Gross

May 22, 2023 | 10:10 am

F

Ford announces new battery raw-material definitive agreements to strengthen its sourcing and produce 2 million EVs by the end of 2026.

Portfolio Pulse from Charles Gross

May 22, 2023 | 10:07 am

AMGN

IDYA

IDEAYA Biosciences has received IND clearance for a Phase 1/2 clinical trial of the combination of IDE397 and AMG 193 in MTAP-deletion solid tumors. The trial, sponsored by Amgen, aims to evaluate the potential first-in-class synthetic lethality combination targeting MAT2A and PRMT5.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 10:06 am

AGCO

AGCO Corporation has signed a memorandum of understanding (MOU) with the American Farm Bureau Federation (AFBF) regarding farmers' and ranchers' right to repair their own farm equipment. This follows similar agreements AFBF entered into with John Deere, CNH Industrial Brands, and Kubota this year, covering around 70% of the agricultural machinery sold in the US.

Portfolio Pulse from Charles Gross

May 22, 2023 | 9:40 am

LH

Proteomedix has granted Labcorp an exclusive license to develop and commercialize the Proclarix blood test for prostate cancer detection in the U.S. The test offers a non-invasive alternative to prostate biopsies in appropriate cases.

Portfolio Pulse from Charles Gross

May 22, 2023 | 8:55 am

EVTL

Vertical Aerospace (NYSE:EVTL) announces a pre-order of up to 50 VX4 aircraft from South Korean mobility technology company Kakao Mobility, expanding Vertical's presence in the Asia-Pacific region.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 7:33 am