Streetbeat News

Partnerships

NOA

North American Construction's subsidiary, Mackellar, has secured a 5-year contract worth approximately $375 million with a metallurgical coal producer in Queensland, Australia. The contract, which includes equipment and services, will be fully ramped up by mid-2025.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 9:36 pm

GEOS

Geospace Technologies has announced a rental contract for its OBX-750E equipment with a geophysical solution provider, with a minimum value of $11.9 million.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:32 pm

AVGO

NTAP

NetApp and Broadcom have announced enhancements to VMware Cloud Foundation deployments, introducing new capabilities to optimize private and hybrid cloud environments. This collaboration aims to ensure efficient scaling and performance for their joint customers.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:17 pm

QGEN

QIAGEN has expanded its collaboration with AstraZeneca to develop a genotyping assay using its QIAstat-Dx platform. This will aid in the development of companion diagnostics for AstraZeneca's future therapies targeting chronic diseases.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 8:12 pm

DIS

ESPN and the USTA have extended their partnership with a new 12-year agreement, making ESPN the exclusive broadcaster of the US Open through 2037. The deal includes expanded streaming rights and coverage, with ESPN focusing on production for over 260 hours of annual coverage. The agreement also extends ESPN's rights in Latin America, the Caribbean, and Canada.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 7:34 pm

MSFT

OpenAI is reportedly in discussions for a new funding round that could value the company at over $100 billion. Thrive Capital and Microsoft are among the investors expected to contribute several billion dollars to the ChatGPT maker.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 7:30 pm

TSLA

Elon Musk has hired a Republican political adviser, indicating his increased involvement in the 2024 presidential campaign. This move suggests Musk's potential influence in political spheres beyond his business ventures.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 7:18 pm

DIS

ESPN has announced that former Patriots coach Bill Belichick will co-host a new show. This move could potentially attract more viewers to ESPN, which is owned by Disney.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 7:10 pm

ARES

BX

CG

The NFL has approved private equity investments in teams, allowing funds like Ares Management Corp, Blackstone Inc, and Carlyle Group Inc to own up to 10% of a team. This change could increase competition for team ownership, affecting billionaires like Jeff Bezos who may be interested in purchasing teams like the Seattle Seahawks.

Portfolio Pulse from Chris Katje

August 28, 2024 | 4:59 pm

ACIU

AC Immune's shares rose following the FDA Fast Track designation for the PI-2620 Tau-PET Diagnostic, developed with partner Life Molecular Imaging, for three neurodegenerative conditions.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 4:30 pm