Streetbeat News

Partnerships

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

GGR

Gogoro is set to launch its battery swapping technology and Smartscooters in Singapore later this month, marking an expansion into a new market.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:01 am

GXO

GXO Logistics has entered a strategic partnership with Matalan to manage over 550 weekly deliveries to more than 200 Matalan stores across the UK and Ireland. This partnership aims to optimize Matalan's transport network and enhance supply chain efficiency.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:09 am

BR

Danske Bank has integrated Broadridge's proxy voting technology to enhance its investor services. This move aims to streamline the voting process for investors, providing a more efficient and transparent system.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 7:04 am

AAPL

GOOGL

META

MSFT

Ark Invest's Frank Downing highlights OpenAI's leadership in AI, noting its rapid growth and innovation. Despite competition from companies like Meta and Google, OpenAI's valuation and revenue growth are impressive. The company recently secured $6.6 billion in funding, valuing it at $157 billion.

Portfolio Pulse from Ananya Gairola

October 16, 2024 | 6:33 am

RTX

RTX's Raytheon SM-3 Block IIA missile enters full-rate production, securing a $1.9 billion deal with the U.S. Missile Defense Agency and Japan Ministry of Defense.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:30 am

LNVGY

Lenovo has been named the official technology partner for the FIFA World Cup 2026 and FIFA Women's World Cup 2027. The partnership was announced at Lenovo's Tech World event and includes providing AI innovations, devices, and data center infrastructure to enhance fan experiences and broadcasts.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:22 am

BURU

CRKN

Liqueous LP has partnered with Crown Electrokinetics on a $100 million equity line and has updated its financing with Nuburu.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 6:02 am

SWX

Southwest Gas Holdings, Inc. (NYSE:SWX) and Carl Icahn have amended their cooperation agreement, allowing Icahn's designees to participate in board committees. The agreement includes standstill restrictions and plans to nominate Icahn's designees for the 2025 annual meeting. SWX shares are trading above their 50-day moving average and nearing a 52-week high.

Portfolio Pulse from Erica Kollmann

October 15, 2024 | 10:07 pm