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Partnerships

F

FTXR

RDIV

Ford Motor Company (NYSE:F) launched the Ford Pro Smart Charging Bundle in California, offering free chargers to businesses using Ford Pro Charging software. This initiative aims to reduce costs and enhance operations for businesses. The all-electric E-Transit reduces maintenance costs and allows off-peak charging. Ford's smart charging software helps manage charging operations efficiently. The U.S. electric vehicle market is expected to hit 50% by 2030. Investors can gain exposure to Ford via First Trust Nasdaq Transportation ETF (NASDAQ:FTXR) and Invesco S&P Ultra Dividend Revenue ETF (NYSE:RDIV).

Portfolio Pulse from Lekha Gupta

July 18, 2024 | 9:51 am

LILM

Saudia Group and Lilium have signed a binding sales agreement for 50 eVTOL jets, with options for 50 more. This agreement is the largest of its kind in the MENA region and marks a significant industry milestone. Saudia Private will manage operations, with the first jets expected in 2026.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:02 am

JNPR

Telxius partners with Juniper Networks to upgrade its network infrastructure to 400G using Juniper's Converged Optical Routing Architecture (CORA) and PTX Series Packet Transport Routers. This upgrade aims to enhance connectivity, simplify network operations, and improve power efficiency.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 7:33 am

CLVT

Clarivate Plc (NYSE:CLVT) has announced a partnership with OhioLINK and SearchOhio to enhance library resource sharing by 2025. The collaboration aims to unify resource sharing platforms, improve user experiences, and operational efficiencies across Ohio's public and academic libraries.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 7:04 am

PLUR

Pluri Inc. (NASDAQ:PLUR) has signed a tech transfer and manufacturing agreement with Kadimastem Ltd. to produce cell therapy products for ALS and diabetes treatments. PluriCDMO™ will manufacture AstroRx® and IsletRx for upcoming clinical trials.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 6:41 am

NDAQ

Nasdaq has partnered with valantic FSA to develop a new web UI for fixed income trading. This collaboration aims to enhance the trading experience and efficiency in the fixed income market.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 6:25 am

OPK

Opko Health Inc (NASDAQ:OPK) shares surged after-hours following the announcement of a $250 million non-dilutive note purchase agreement with HealthCare Royalty (HCRx). The agreement is secured by profit share payments from Pfizer related to NGENLA, a treatment for pediatric growth hormone deficiency. The note bears interest at SOFR plus 7.5% per annum and matures in July 2044. The deal provides Opko with financial flexibility for R&D and potential share repurchases.

Portfolio Pulse from Erica Kollmann

July 17, 2024 | 9:31 pm

UNH

UnitedHealthcare has been selected by the State of Rhode Island to serve Medicaid members through the MMCS program, extending their contract to 2030. UnitedHealthcare has been providing services in Rhode Island since 1993.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 9:13 pm

MEOH

Methanex and Entropy have entered into an agreement to invest in a pre-FEED study for Carbon Capture, Utilization, and Sequestration (CCUS) deployment at Methanex's Alberta facility.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 9:04 pm

UNH

UnitedHealth Group announced that Rhode Islanders eligible for Medicaid will have access to UnitedHealthCare services and benefits through 2030.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:42 pm