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PAPL

Pineapple Financial Inc. (NYSE:PAPL) announced the launch of PineappleONE, a comprehensive deal management system for mortgage brokers. This system streamlines the entire mortgage deal process, from origination to submission, by automating tasks, reducing errors, and ensuring accuracy and efficiency. PineappleONE's advanced features, including lender-specific notes generation and document merging, are expected to significantly increase the company's gross revenue and net profit margin over the next twelve months. The technology, developed by Pineapple's award-winning team, positions Pineapple at the forefront of innovation in the Canadian mortgage industry and is anticipated to enhance agent recruitment as the company expands in 2024.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:27 pm

AIR

AAR CORP. (NYSE:AIR) has entered into an exclusive multi-year commercial distribution agreement with TRIUMPH's Actuation Products & Services business unit, starting in January 2026. This agreement allows AAR to distribute TRIUMPH's commercial actuation product line, enhancing AAR's offerings to the commercial aftermarket. The partnership is expected to benefit both companies by leveraging AAR's global distribution network and sales force to efficiently deliver TRIUMPH's products to commercial airlines and MRO customers.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:21 pm

NVEE

NV5 Global, Inc. (NVEE) has acquired GIS Solutions, Inc., enhancing its geospatial application development and cloud services, particularly for departments of transportation. The acquisition, made with a mix of cash and stock, is expected to be immediately accretive to NV5's earnings. GIS Solutions specializes in enterprise geographic information system technologies and services, supporting state departments of transportation and utilities with asset management, service delivery, and real-time mapping and incident reporting solutions.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:20 pm

MNTX

Manitex International, Inc. (NASDAQ:MNTX) announced the first deliveries of the PM 70.5 SP articulated truck mounted crane, a new addition to PM Group's 65 series. The crane, designed for multiple industries, has been launched in Europe with plans for North American availability next year. Five units were delivered in Italy in Q1 2024, with expectations for growing sales momentum. The introduction of the PM 70.5 SP aligns with Manitex's strategy to expand PM Group product distribution in North America, aiming to increase market penetration.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:19 pm

PRSO

Peraso announced receiving an additional $2.88 million purchase order, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:18 pm

BTM

Bitcoin Depot (NASDAQ:BTM), a leading U.S.-based Bitcoin ATM operator, announced its expansion into Australia with plans to ship 125 Bitcoin ATMs to major cities in Q2 2024. This move follows its recent expansion into Puerto Rico and marks a significant step in its international growth strategy. The company aims to tap into Australia's growing demand for Bitcoin services, leveraging the country's population of 27 million and the current gap in the Bitcoin ATM market. Bitcoin Depot, which went public in 2023 and has been recognized by Forbes and Deloitte, now operates the largest fleet of Bitcoin ATMs in North America and sees this expansion as an opportunity to further its global presence.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:17 pm

VEEE

Twin Vee PowerCats, Inc. has announced the launch of the next generation of its GFX model line, marking a significant development in its product offerings.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:13 pm

BRKR

Biognosys and Alamar Biosciences have entered into a strategic partnership to expand Biognosys' services with Alamar's NULISA assays and collaborate on scientific research in biofluid-based proteomics. The partnership leverages the complementary strengths of Biognosys' DIA-MS unbiased proteomics platform and Alamar's immunoassay platforms, with findings to be presented at the AACR 2024 Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:12 pm

BWAY

BrainsWay Ltd. (NASDAQ: BWAY) announced results from a review article published in Frontiers of Human Neuroscience, highlighting the potential of Deep Transcranial Magnetic Stimulation (Deep TMS) to treat Parkinson's Disease (PD). The review, which summarized data from six studies involving 220 patients, showed clinically meaningful improvements in motor and non-motor symptoms. The company emphasized the need for further research, noting that Deep TMS is not yet FDA cleared for treating PD.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:12 pm

RIGL

Rigel Pharmaceuticals published data on REZLIDHIA (olutasidenib) showing a 43.8% durable composite complete remission rate in post-venetoclax patients with mutant IDH1 AML. The safety profile was consistent with previous findings, suggesting olutasidenib could be a valuable treatment option for this patient group.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 12:11 pm