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ARES

Unrivaled Sports has partnered with Ares Management to invest in SNÖBAHN, an indoor action sports center. This collaboration aims to expand SNÖBAHN's reach and make action sports more accessible. The investment team includes notable figures like Shaun White and Bode Miller.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:40 am

NXE

NexGen Energy's Rook I Project is advancing as the Canadian Nuclear Safety Commission (CNSC) reviews the final Environmental Impact Statement (EIS). The CNSC has started a 60-day technical review, after which a Federal Commission Hearing date will be set. NexGen is ready to commence major construction upon receiving the remaining approvals.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:37 am

ADRT

GIGA

Gresham Worldwide, Inc. (OTCQB:GIGA) and Ault Disruptive Technologies Corporation (NYSE:ADRT) have announced a merger agreement. The transaction, valued at approximately $83 million, will see Gresham redomicile to Delaware and rebrand as Gresham Worldwide, Inc., listed on the NYSE American under the ticker symbol 'GWWI'. The merger aims to expand Gresham's defense and healthcare technology capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:35 am

GTHX

G1 Therapeutics' Phase 3 trial of Trilaciclib in metastatic triple-negative breast cancer did not achieve statistical significance in overall survival. The company will now focus on the extensive-stage small cell lung cancer market and is sufficiently funded to achieve anticipated profitability by the second half of 2025.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:34 am

EMBC

Embecta Corp. (NASDAQ:EMBC) presented data at the American Diabetes Association's 84th Scientific Sessions highlighting the benefits of a new diabetes patch pump with a larger, 300-unit insulin reservoir. The data suggests that this larger reservoir could improve insulin management for adults with type 2 diabetes by providing longer wear times and reducing the number of disposable patches needed.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:33 am

GPI

Group 1 Automotive (NYSE:GPI) has activated its cyber incident response procedures following a cybersecurity incident at third-party software provider CDK Global. The incident has disrupted Group 1's U.S. operations that rely on CDK's systems. Group 1's U.K. operations remain unaffected. CDK anticipates restoring its dealer management system within several days.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:17 am

GSK

The European Medicines Agency (EMA) has accepted GSK's application to expand the use of Jemperli (Dostarlimab) in combination with standard-of-care chemotherapy for all adult patients with primary advanced or recurrent endometrial cancer. The formal review process will begin soon, with approval expected in the first half of 2025.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:17 am

GSK

Japan's Ministry of Health, Labor and Welfare has approved GSK's Omjjara (Momelotinib) for the treatment of myelofibrosis. This approval marks a significant milestone for GSK in expanding its oncology portfolio in the Japanese market.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:15 am

OSK

Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE:OSK), has secured a $27.3 million order from the U.S. Army Contracting Command for 57 Medium Equipment Trailers. The order will be executed in partnership with Broshuis B.V.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:09 am

GUTS

Fractyl Health, Inc. (NASDAQ:GUTS) is accelerating its REMAIN-1 clinical study and expanding the protocol for its REVITALIZE-1 study, potentially increasing the U.S. treatment population for its Revita device by nearly six-fold. The company aims to provide durable weight maintenance and enhanced glucose regulation for patients with obesity and type 2 diabetes (T2D). Key data from these studies are expected between Q4 2024 and mid-2025.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:07 am