Streetbeat News

Partnerships

AGCO

AGCO Corporation has officially notified Tractors and Farm Equipment Limited (TAFE) on April 26 about the termination of its commercial relationships, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:32 pm

RBLX

Integral Ad Science (IAS) has announced an integration with Roblox, aiming to enhance advertising safety and effectiveness on the Roblox platform. This partnership will leverage IAS's technology to provide advertisers with improved tools for ad verification and optimization on Roblox, a popular online gaming platform.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:21 pm

PSTX

Astellas and Poseida Therapeutics have announced a research collaboration and license agreement to develop novel allogeneic cell therapies for oncology, focusing on solid tumors using Poseida's proprietary allogeneic CAR-T platform.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:15 pm

ARW

Arrow Electronics has been selected by Broadcom as the sole provider for its CloudHealth offering. This exclusive partnership positions Arrow Electronics (ARW) at the forefront of distributing Broadcom's CloudHealth solutions, potentially enhancing ARW's market position and revenue streams from cloud services.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:15 pm

MULN

Mullen Automotive, Inc. has expanded its dealer network by adding Pritchard EV, a move aimed at enhancing its distribution and sales capabilities in the electric vehicle (EV) market. This partnership is expected to leverage Pritchard EV's established presence and expertise in the automotive industry to boost Mullen's market penetration and customer reach.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:11 pm

DAL

EW

FCX

ROKU

TTD

UAL

Jim Cramer discussed various stocks on CNBC's 'Mad Money Lightning Round,' highlighting opportunities and concerns. Edwards Lifesciences (EW) is seen as a buy at its current level, following a positive earnings report. Freeport-McMoRan (FCX) is advised to wait for a pullback due to its recent sharp rise. Delta Air Lines (DAL) and United Airlines (UAL) are favored for their value despite their volatility. The Trade Desk (TTD) is praised for its performance and preferred over Google, with a buying recommendation below the $80 level. Roku (ROKU) announced a partnership with Trade Desk, enhancing its advertising capabilities.

Portfolio Pulse from Avi Kapoor

May 01, 2024 | 1:09 pm

SABR

WH

Sabre Hospitality has announced a multi-year renewal of its partnership with Wyndham Hotels & Resorts. This renewal signifies a continued collaboration between the two companies, aiming to enhance hotel distribution and technology solutions.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:06 pm

MBRX

Moleculin Biotech, Inc. has announced the formation of a Scientific Advisory Board to support the development of its drug, Annamycin. This move is aimed at enhancing the drug's development process through expert guidance and insights.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 1:01 pm

ONDS

Ondas Holdings, through its subsidiary Airobotics, has secured a service agreement for additional Optimus drone systems from a local government entity in Dubai. This agreement marks a significant expansion of Airobotics' operations in the region, showcasing the growing demand for drone technology solutions in governmental operations.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:53 pm

LKNCY

SBUX

YUMC

Yum China Holdings Inc. (NYSE:YUMC) has significantly accelerated its share repurchase program and restaurant expansion, surpassing the 15,000-store milestone in China. The company spent a record $745 million on share buybacks and dividends in Q1, buying back more shares than any year in its history and raising its quarterly dividend. Yum China is expanding into smaller cities with new store formats and franchising, and has launched a new coffee chain, KCOFFEE, to compete with Starbucks and Luckin. The company aims to serve half of China's population by 2026, with plans to open 1,500 to 1,700 new stores this year.

Portfolio Pulse from The Bamboo Works

May 01, 2024 | 12:48 pm