Streetbeat News

Partnerships

GIB

CGI (NYSE:GIB) has been selected by Los Angeles County for a 10-year project to modernize its core systems including financial, budget, inventory, payroll, and HR through CGI Advantage®. This partnership aims to enhance efficiency, improve user experience, and support strategic IT goals such as empowering the workforce, enabling data-driven decisions, and increasing service delivery mobility.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 10:34 am

HMC

Canada is close to finalizing a deal with Honda Motor Co. (NYSE:HMC) to manufacture electric vehicles (EVs) and components in Ontario, involving the construction of new facilities with government subsidies. This move is part of Canada's efforts to attract EV sector investments and positions Ontario as a key hub for Honda's North American EV manufacturing. The deal includes investment tax credits and is expected to be announced within a week.

Portfolio Pulse from Shivani Kumaresan

April 22, 2024 | 10:28 am

KBR

KBR has been awarded a contract by SABIC Fujian Petrochemicals to license its leading phenol technology for a new 250 KTA phenol plant in China. The contract includes technology licensing and proprietary engineering design for the plant at SABIC's Fujian Petrochemical Complex.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 10:17 am

SUUN

SolarBank Corporation (NASDAQ:SUUN) has signed lease agreements for five sites in Orleans County, New York, totaling 94 acres for the development of a 30 MW DC solar power project. These projects are expected to qualify for incentives under the New York State Energy Research and Development Authority (NYSERDA) NY-Sun Program.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 7:48 am

UUUU

Energy Fuels (UUUU) has signed a definitive agreement to acquire all issued shares of Base Resources for approximately A$375M, including the Toliara heavy mineral sands project in Madagascar. This acquisition will enable low-cost, U.S.-centered rare earth oxide production through processing at Energy Fuels' White Mesa Mill. The deal also includes Base Resources' experienced mine development and operations team. Energy Fuels is in discussions with U.S. government agencies for support on this critical mineral project, which complements its U.S. uranium production capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 7:01 am

IPSEY

Ipsen and Skyhawk Therapeutics have announced a partnership to develop RNA-based treatments for rare neurological conditions. This collaboration aims to leverage Skyhawk's expertise in RNA splicing to address unmet medical needs in neurology.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 6:41 am

WKEY

WISeKey International has been selected by the Government of Seychelles to develop 'SeyID', a digital identity platform aimed at supporting eGovernment, eTourism, and eHealth initiatives. This project underscores WISeKey's role as a leader in cybersecurity, digital identity, and IoT innovations.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 6:29 am

RIVN

MEVCO has entered into an exclusive global partnership with Rivian Automotive (RIVN) to supply electric vehicles (EVs) to the mining industry, marking a significant step towards sustainable and efficient mining practices.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 6:26 am

AAPL

AMZN

GOOG

META

MSFT

SONY

SPOT

Last week in consumer tech saw Alphabet's Google employees protest a cloud contract, SpaceX's Elon Musk accepting a challenge from Roscosmos, and a Texas judge halting an investigation into Media Matters. Sony is releasing a new PS5 version, a Star Wars-Fortnite crossover is announced, and Nintendo showcased indie games. EA plans a Black Panther game, and Apple faces a decline in iPhone shipments but explores manufacturing in Indonesia. Huawei launches new smartphones, Meta's Llama 3 AI model excels in tests, and Spotify's AI DJ personalizes music streaming. Amazon's Twitch to launch a TikTok-style feed, and Microsoft's investment in OpenAI won't face EU investigation.

Portfolio Pulse from Lekha Gupta

April 21, 2024 | 3:01 pm

MRMD

At the Benzinga Cannabis Capital Conference in Florida, industry leaders, including MariMed's CEO John Levine, discussed strategies for scaling cannabis businesses amidst challenges. Levine highlighted MariMed's focus on strategic expansion through vertical integration and mergers. Seth Yakatan emphasized the importance of focusing on core strengths for cash flow, while Alex Gray of Good Day Farm advocated for efficiency and cost reduction. The panel also addressed the hurdles of raising capital, supply chain complexities, and the need for market-specific adaptations. A shift in investor attitudes towards valuing sustainable growth over rapid expansion was noted.

Portfolio Pulse from Nicolás Jose Rodriguez

April 21, 2024 | 2:53 pm