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UNG

The Canada Energy Regulator has approved the first compressed natural gas facility in the Northwest Territories, marking a significant step in the region's energy development. This decision could influence the energy sector, particularly companies and ETFs involved in natural gas.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:34 pm

VLD

Velo3D's stock price increased following the announcement that Bechtel Plant Machinery has chosen Velo3D's metal additive manufacturing solution for parts production in the U.S. Naval Nuclear Propulsion Program.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:31 pm

APVO

Aptevo Therapeutics' stock is trading higher following the announcement of positive interim data from the Phase 1 trial of ALG.APV-527, aimed at treating solid tumors likely to express the tumor antigen 5T4.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:26 pm

RKLB

VSAT

Rocket Lab USA, Inc. (RKLB) shares are trading higher after being selected by ViaSat, Inc. (VSAT) to support its hybrid space communications networks demonstrations. The demonstrations, part of two awards totaling $80 million under NASA's CSP, will showcase ViaSat's multi-band, space-based relay communication services for LEO missions. Rocket Lab will provide a spacecraft bus and mission operation support, incorporating its satellite components into the spacecraft. The mission, scheduled for early 2026, aims to enhance data management, reduce latency, and increase real-time throughput.

Portfolio Pulse from Nabaparna Bhattacharya

March 07, 2024 | 5:20 pm

GSK

GSK plc announced positive results from the DREAMM-8 phase III trial for Blenrep in combination therapy for multiple myeloma, showing significant improvement in progression-free survival compared to standard care. This comes after the withdrawal process of Blenrep's U.S. marketing authorization initiated in November 2022 due to a failed confirmatory trial. The company plans to present detailed findings at a future medical congress and share them with regulatory authorities.

Portfolio Pulse from Vandana Singh

March 07, 2024 | 5:18 pm

CHTR

DIS

Charter Communications, Inc. (CHTR) and The Walt Disney Company (DIS) announced that ESPN+ is now available at no extra cost to Spectrum TV Select Plus customers. This addition enriches Charter's offering with over 30,000 live events and 3,000+ hours of original content from ESPN+, following a similar move with Disney+ earlier. The deal aims to blend linear TV and streaming services, enhancing the value of Spectrum's packages and catering to the evolving viewing habits of sports fans.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:08 pm

GSK

GSK shares are trading higher following the announcement of positive results from its DREAMM-9 phase III trial of Blenrep in combination with pomalidomide plus dexamethasone for treating relapsed or refractory multiple myeloma.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:06 pm

AEO

An executive from American Eagle Outfitters stated during a conference call that there is a need to upgrade and modernize the American Eagle store fleet to stay competitive and meet customer expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:03 pm

GE

During a conference call, a GE executive announced the company's expectation to deliver more than 2000 Leap engines in 2025, indicating a significant production milestone.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:01 pm

GE

GE's CEO expressed confidence during a conference call that CFM, a joint venture between GE and Safran Aircraft Engines, can manufacture all the engines it has sold. This statement underscores the company's capability in meeting its production commitments.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:01 pm