Streetbeat News

Products Services

AAL

American Airlines (NASDAQ:AAL) has updated its pet policy to allow passengers to bring a full-size carry-on in addition to their pet carrier in the cabin. The pet carrier must remain under the seat, and the carry-on pet fee remains at $150. This change aims to ease travel stress for pet owners and aligns with broader trends in airline pet policies.

Portfolio Pulse from Benzinga Neuro

April 03, 2024 | 2:25 am

BTCUSD

A campaign titled 'Bitcoin Deserves an Emoji' is gaining momentum in the cryptocurrency community, aiming to secure a dedicated Bitcoin emoji by collecting 50,000 signatures for a petition to the Unicode Consortium. The initiative, supported by industry giants like Brink, Bitget, Chainalysis, and Kraken, highlights Bitcoin's cultural and technological impact. The campaign, which already has 10,000 endorsements, compares its efforts to successful emoji campaigns by Taco Bell and Tinder. It coincides with significant milestones for Bitcoin, including record highs and the anticipation of its fourth halving.

Portfolio Pulse from Murtuza Merchant

April 02, 2024 | 11:12 pm

FGEN

FibroGen reported positive data from a Phase 1 study of FG-3246, sponsored by Fortis Therapeutics, showing significant PSA reductions and partial tumor responses in patients. The company plans to discuss further development with the FDA, aiming to initiate Phase 2 in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 9:50 pm

IE

RS

X

Nippon Steel commits to the United Steelworkers union in its $14.1 billion bid for U.S. Steel, promising $1.4 billion in capital spending and no layoffs through 2026. Ivanhoe Electric announces significant copper find in Montana, with promising drilling results. Iron ore prices rise due to optimism around China's industrial recovery. Reliance, Inc. acquires Ohio-based Mid-West Materials, focusing on North American manufacturing.

Portfolio Pulse from Austin DeNoce

April 02, 2024 | 9:02 pm

WBD

SunMed Growers, Maryland's largest cannabis producer, has partnered with Jim Belushi and Belushi’s Farm to launch premium cannabis products in Maryland. The collaboration, featuring events with Jim Belushi on April 3-4, aims to offer high-quality, sustainable cannabis. The partnership is highlighted in the Discovery series 'Growing Belushi'. Additionally, the upcoming Benzinga Cannabis Capital Conference in Florida on April 16-17 will feature insights from top cannabis brands.

Portfolio Pulse from Patricio Liddle

April 02, 2024 | 8:57 pm

CALM

Cal-Maine Foods, Inc. (NASDAQ:CALM) reported Q3 earnings of $3.00 per share, surpassing estimates of $2.46, and sales of $703.08 million, beating estimates of $692.35 million but marking a 29.52% decrease from the previous year. The company faced a setback with a facility in Texas testing positive for avian influenza, affecting about 3.6% of its total flock. Despite this, the company managed to achieve record sales volumes, attributed to strong demand and higher market prices due to supply constraints from avian influenza outbreaks.

Portfolio Pulse from Erica Kollmann

April 02, 2024 | 8:50 pm

INNPF

Innocan Pharma Corporation reported a 534% revenue increase for the year ended December 31, 2023, reaching US$13.7 million, primarily due to its subsidiary, BI Sky Global Ltd. The company also saw a 61% decrease in operating loss to US$3.8 million and a 568% increase in gross profit to US$12.0 million. Additionally, Innocan completed a $1.5 million capital raise in March 2024 and is pursuing FDA approval for its LPT CBD-loaded liposome platform.

Portfolio Pulse from Patricio Liddle

April 02, 2024 | 8:28 pm

FLGC

Flora Growth Corp. (NASDAQ:FLGC) is expanding its presence in Germany in response to the country's new cannabis legalization law. The Canadian-based company, serving all 50 U.S. states and 28 countries, plans to launch a cannabis home grow kit in Germany, capitalizing on the recreational cannabis market expected to reach $4.2 billion. Additionally, Flora Growth announced its intention to acquire TruHC Pharma GmbH for $6.4 million in stock, aiming to leverage TruHC's German cannabis platform. The company also signed an exclusive distribution agreement with Althea Group Holdings Limited for Vessel brands in the UK, targeting the vape pen and dry herb vaporizers market.

Portfolio Pulse from Jelena Martinovic

April 02, 2024 | 8:22 pm

SGHT

Sight Sciences, Inc. (NASDAQ:SGHT) announced the presentation of clinical results for its OMNI Surgical System and TearCare System at the 2024 ASCRS Annual Meeting. The OMNI technology showed long-term efficacy in treating primary open-angle glaucoma, while the TearCare technology was supported as a primary treatment for dry eye disease. The data includes results from the 3-year GEMINI trial and the cross-over phase of the SAHARA RCT, demonstrating the effectiveness of these technologies in improving patient outcomes.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:13 pm

LENZ

LENZ Therapeutics, Inc. (NASDAQ:LENZ), a late clinical-stage biopharmaceutical company, announced a conference call and webcast to discuss Phase 3 CLARITY study results for its presbyopia treatments, LNZ100 and LNZ101, on April 3, 2024. The study focuses on the efficacy and safety of these aceclidine-based eye drops.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:03 pm