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PRU

Prudential Financial, Inc. (NYSE:PRU) has entered into a $9.2 billion longevity risk transfer agreement with NN Life, a subsidiary of NN Group, marking its first international transaction in the Dutch market. The deal involves reinsuring over 200,000 policies and is part of Prudential's growth strategy to expand its Institutional Retirement Strategies business into The Netherlands. The company sees potential growth in the market following Dutch pension reform legislation.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:39 pm

PEAK

Healthpeak Properties, Inc. (NYSE:PEAK) has received entitlements to develop an additional 1.3 million square feet of lab space at the Vantage campus in South San Francisco, doubling the allowable density since the land acquisition. The campus will total approximately 1.7 million square feet upon completion. Phase I is underway with 52% already leased to Astellas Pharma. The development aligns with market demand and strengthens South San Francisco's biotech industry presence.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:34 pm

ACON

Aclarion, Inc. has been granted a U.S. patent (#11844601) for an MR spectroscopy system designed to diagnose painful and non-painful intervertebral discs, which could be a significant advancement in the treatment of severe low back pain. The patent award may enhance Aclarion's product portfolio and potentially its market position in medical diagnostics for back pain.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:30 pm

MOS

The Mosaic Company (NYSE:MOS) reported its sales volumes and revenue for October and November 2023, with potash and phosphates sales volumes increasing compared to the same period in 2022, but revenues decreased. For Q4, potash sales volumes and MOP prices are expected to be at the lower end of the guidance range, and phosphates sales volumes are also expected to be at the lower end. Dry weather in Brazil poses risks to fertilizer shipments in Q4.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:29 pm

WPRT

Westport Fuel Systems has secured a $33 million contract from a global heavy truck manufacturer to adapt and commercialize its next-generation LNG HPDI fuel system for the Euro 7 vehicle platform. The development program will be funded by the OEM.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:14 pm

SPCE

Virgin Galactic Holdings, Inc. (NYSE:SPCE) has announced the opening of the 'Galactic 06' flight window on January 26, 2024. This marks the company's 11th spaceflight and follows a year with six suborbital spaceflights in six months. The upcoming commercial spaceflight will carry four private astronauts from Ukraine/California, Texas, Austria, and California. The crew includes VSS Unity Commander CJ Sturckow, pilot Nicola Pecile, VMS Eve Commander Michael Masucci, and pilot Dan Alix. CEO Michael Colglazier highlighted the company's achievements and the safe customer experience provided.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:12 pm

IMXI

V

International Money Express, Inc. (Intermex) partners with Visa to enhance its money transfer services. The collaboration enables fast transfers to Visa cards and bank accounts in over 20 new countries. Visa Direct will be integrated into Intermex's platform, offering improved services to countries in Asia, Africa, Europe, and the Caribbean. The service was launched on 12/15/2023 and is available through the Intermex app on Apple and Google Play stores.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:11 pm

GH

Guardant Health has announced March 28, 2024, as the tentative date for the FDA Advisory Panel review of its Shield blood test. The final confirmation of the date and meeting details are pending from the FDA and will be published in the Federal Register.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:10 pm

ACRS

Aclaris Therapeutics announced it is reducing spending and streamlining its organization by discontinuing the development of ATI-450, a treatment for immuno-inflammatory diseases. This decision is part of the company's efforts to focus resources more effectively.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:08 pm

NNBR

NN, Inc. has announced a new business win valued at over $10 million, involving the supply of automotive electrical wiring components. This new contract could signal growth in the company's automotive segment and potentially increase future revenues.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:03 pm