Streetbeat News

Partnerships

CVAC

GSK

CureVac shares are trading higher after the company announced it restructured its licensing agreement with GSK and will focus resources on high-value mRNA projects in oncology and other select areas.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:51 am

MUFG

MUFG's negotiations to acquire a stake in India's HDFC have encountered obstacles, according to a Bloomberg report.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:15 am

DAY

Dayforce announced that WHSmith, a leading global retailer for news, books, and convenience, has expanded its use of the Dayforce platform.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:03 am

GOEV

Canoo has received an order from Go2 Delivery for five fully-electric commercial delivery vans, with the potential for an additional 85 vans. This move supports Go2 Delivery's goal of becoming a leading carbon-free logistics company in Virginia and the Chesapeake Bay area.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:03 am

CHDN

IGT

International Game Technology (IGT) and Churchill Downs (CHDN) have expanded their Historical Horse Racing (HHR) technology footprints to Malta through an agreement with National Lottery Plc.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:52 am

GIB

CGI is partnering with Risk Management Partners, a unit of Munich Re, to help insurers reduce claims, increase profits, and drive long-term value through climate risk mitigation.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:34 am

CHX

IEZ

OIH

SLB

TTE

The U.S. Department of Justice has issued a second request for information regarding Schlumberger's planned acquisition of ChampionX. The acquisition, approved by ChampionX stockholders, is expected to close in late 2024 or early 2025. Schlumberger anticipates $400 million in annual pretax synergies within three years post-closure. Additionally, Schlumberger has entered a 10-year partnership with TotalEnergies to develop digital energy solutions. Investors should consider macroeconomic factors and Schlumberger's performance relative to its peers.

Portfolio Pulse from Lekha Gupta

July 03, 2024 | 10:28 am

UCAR

U Power has signed a Memorandum of Understanding with Pattaya AI Terminal to jointly develop green logistics and EV infrastructure in Thailand.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:02 am

UCAR

U Power Limited (NASDAQ:UCAR) has signed a Memorandum of Understanding with Pattaya AI Terminal Co., Ltd. to develop green logistics and EV infrastructure in Thailand. The partnership will leverage U Power's battery-swapping technology and expertise in commercial EVs to enhance logistics efficiency and develop charging stations.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:01 am

BYDDF

BYDDY

Warren Buffett-backed Chinese EV giant BYD is opening its first Southeast Asia factory in Thailand, coinciding with new EU tariffs on Chinese EVs. The $486 million facility aims to export most of its 150,000 annual capacity to Southeast Asia and Europe. Despite challenges, including reduced profit forecasts and Berkshire Hathaway reducing its stake, BYD continues its aggressive international growth strategy.

Portfolio Pulse from Benzinga Neuro

July 03, 2024 | 8:24 am