Streetbeat News

Partnerships

SYF

Synchrony Financial reported a strong Q3 with a 29% profit growth, beating earnings expectations. The company raised its FY24 EPS forecast and saw a 4.90% premarket share price increase.

Portfolio Pulse from Akanksha Bakshi

October 16, 2024 | 11:44 am

UXIN

Uxin has announced a strategic partnership with Wuhan City Economic & Technological Development Zone. This collaboration aims to enhance Uxin's business operations and market presence in the region.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:43 am

GM

LAC

Lithium Americas shares rise following a new investment agreement with General Motors to create a joint venture for the Thacker Pass project in Nevada.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:36 am

GM

LAC

Lithium Americas and General Motors have formed a joint venture, with GM investing $625 million in cash and letters of credit into the Thacker Pass project.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:22 am

AMBP

AMP-Europe has signed a virtual power purchase agreement (vPPA) with BNZ in Portugal, set to begin in 2026 for 12 years. This agreement will secure 146 GWh per annum of renewable electricity certificates, offsetting about 50% of AMP-Europe's energy consumption in Europe.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:05 am

EXAI

SNY

Exscientia has advanced two discovery programs in collaboration with Sanofi, receiving $15M in milestone payments. The lead compounds have met product profile requirements and show potential for best-in-class assets.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:03 am

JPM

JPMorgan Chase plans to expand into Kenya and Ivory Coast this year as part of its Africa expansion strategy, according to CEO Jamie Dimon.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:38 am

ASNS

Actelis Networks has received a follow-on order from a U.S. Department of Transportation aerial agency, indicating its growing influence in the transportation sector.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:23 am

AADR

CBSE

ERJ

Embraer S.A. (NYSE:ERJ) is expanding its MRO services in the U.S. with a new service center in Fort Worth, Texas, investing up to $70 million and creating 250 jobs. This expansion will increase U.S. capacity for E-Jet services by 53%.

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 10:15 am

PSN

Parsons Corporation has secured two contracts worth $25 million for design engineering services for a Middle East transportation customer. Over the last nine months, Parsons has won more than $90 million in contracts with the same customer.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 10:01 am