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LEGN

Legend Biotech is establishing a new 31,000-square-foot R&D facility in Philadelphia to advance its cell therapy portfolio, expected to be completed by Q3 2025. The facility will house 55 full-time employees.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:34 am

DTI

Drilling Tools International (DTI) has completed the acquisition of European Drilling Projects (Ed Projects), a company specializing in next-generation stabilizers, specialty reamers, and wellbore optimization technology. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:31 am

WKSP

Worksport Ltd (NASDAQ:WKSP) has expanded its sales to U.S. Federal Government Agencies, supplying its Made-in-USA AL3 Tonneau Covers. This strategic partnership opens opportunities for Worksport to introduce its clean-tech products, such as the SOLIS Solar Tonneau Cover and COR Portable Energy System, to government fleets. The company aims to leverage these relationships for recurring revenue and growth, especially as government fleets move towards sustainability.

Portfolio Pulse from Anusuya Lahiri

October 03, 2024 | 11:30 am

BP

ENB

Enbridge will construct, own, and operate crude oil and natural gas pipelines in the US Gulf of Mexico for the Kaskida development, operated by BP Exploration & Production. The project will start design and procurement in 2025 and be operational by 2029, costing approximately $700 million.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:29 am

SMX

SMX (Security Matters) has announced a collaboration with Sthaler, the company behind FinGo, a digital identity provider. They are working together to develop a centralized reporting platform aimed at authenticating and ensuring transparency from the source.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:24 am

CART

DLTR

Family Dollar has partnered with Instacart to accept SNAP/EBT payments for online orders. Previously, Family Dollar only accepted these payments in-person.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:21 am

BBW

Build-A-Bear Workshop has announced a collaboration with Varsity Brands through its Varsity Spirit division. This partnership aims to enhance brand visibility and create new opportunities for both companies.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:15 am

LEVI

NVDA

PLUG

QQQ

SPY

TSLA

US stocks are expected to open weak as traders await the key jobs report. Oil prices are rising amid Middle East tensions, supporting energy stocks. Nvidia is trading higher, while electric vehicle stocks, including Tesla, are declining. Levi Strauss fell 11% after earnings, and Plug Power dropped following a negative analyst action.

Portfolio Pulse from Shanthi Rexaline

October 03, 2024 | 11:10 am

RNA

Avidity Biosciences announced that the FDA has removed the partial clinical hold on Delpacibart Etedesiran (Del-Desiran/AOC 1001), an investigational treatment for Myotonic Dystrophy Type 1. This development allows the company to proceed with its clinical trials.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:06 am

IONS

Ionis Pharmaceuticals is set to present new three-year data from its Phase 2 open-label extension study and additional results from the Phase 3 OASIS and OASISplus studies of Donidalorsen for Hereditary Angioedema at the 2024 ACAAI Annual Scientific Meeting.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 11:06 am