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APD

Air Products has announced the formation of a new management board to execute its two-pillar growth strategy, which focuses on optimizing its core industrial gases business and advancing the energy transition through clean hydrogen.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:06 am

ANEB

Anebulo Pharmaceuticals has received a $1.9 million grant from the National Institute on Drug Abuse (NIDA) for its investigational IV treatment of cannabis toxic effects. The grant will be disbursed in two tranches, with the initial $0.9 million awarded and the remaining $1 million contingent on meeting certain milestones.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:05 am

SYTA

Siyata Mobile Inc. (NASDAQ:SYTA) has secured a $1.2 million order from a leading international EMS service provider for its PoC rugged handsets, Real Time View, and related accessories.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:04 am

BWXT

NorthStar Medical Radioisotopes and BWXT Medical have signed a multi-year master services agreement to facilitate the production of Actinium-225 (Ac-225), a critical medical isotope used in cancer treatment.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:03 am

IONS

Ionis Pharmaceuticals announced positive Phase 1/2 results for its Angelman syndrome treatment, ION582, showing significant clinical improvements and favorable safety. Detailed results will be presented in a webcast and at the 2024 ASF Family Conference.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 11:02 am

DOV

TEX

Terex Corporation (TEX) is acquiring Dover Corporation's (DOV) Environmental Solutions Group for $2 billion. The acquisition is expected to reduce cyclicality, deliver financial accretion, and lower capital intensity for Terex. Additionally, it is projected to unlock $25 million in cost and revenue synergies by 2026 and enhance Terex's presence in the waste and recycling segment, expanding its North American market.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 10:58 am

BWXT

BWXT Medical Ltd., a subsidiary of BWX Technologies, Inc. (NYSE:BWXT), and NorthStar Medical Radioisotopes, LLC have signed a Master Services Agreement to produce the cancer-fighting isotope Ac-225. This partnership aims to enhance the production and purification of radium-226, crucial for cancer treatments.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 10:47 am

PAPL

Pineapple Financial has partnered with Walnut Insurance to integrate Walnut's Property and Casualty (P&C) insurance into Pineapple's deal management system, PineappleONE. This collaboration aims to enhance the home-buying process and tap into the $85 billion P&C market, potentially boosting Pineapple's revenue stream.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 10:47 am

META

MSFT

LinkedIn, owned by Microsoft (NASDAQ:MSFT), is deploying AI and games to increase user engagement and compete with Meta Platforms Inc's (NASDAQ:META) Facebook and TikTok. LinkedIn aims to build daily habits among users and has seen a record engagement of 1.5 million content interactions per minute in June. Despite recent growth, the platform's year-on-year growth has slowed. LinkedIn's Premium subscription revenue grew by 25% year over year, reaching $1.7 billion.

Portfolio Pulse from Anusuya Lahiri

July 22, 2024 | 10:45 am

BA

CRUZ

EIRL

RYAAY

Ryanair Holdings plc (NASDAQ:RYAAY) shares dropped 12.8% premarket after missing Q1 FY25 earnings expectations. Revenue fell 1% Y/Y, with a 15% decrease in average fares. Traffic grew 10%, but net profit dipped 46%. Operating costs rose due to Boeing delivery delays. Ryanair's outlook remains cautious with weaker-than-expected pricing for Q2.

Portfolio Pulse from Lekha Gupta

July 22, 2024 | 10:43 am