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RMNI

Pacific Textiles has chosen Rimini Street, Inc. (NASDAQ: RMNI) for support of its SAP S/4HANA system, leading to significant IT budget savings and improved system uptime. Rimini Street provides comprehensive enterprise software support and is a partner to Oracle, SAP, Salesforce, and AWS. Pacific Textiles, a major textile manufacturer, required extensive customizations for its SAP software, which is critical for their operations. Dissatisfaction with SAP's post-implementation support led them to switch to Rimini Street, which offers faster and more comprehensive service, allowing Pacific Textiles to allocate resources towards growth and a new data lake architecture.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 2:01 pm

CNDT

Conduent Transportation, a unit of Conduent Incorporated (NASDAQ:CNDT), in partnership with Visa and Caisse d'Epargne CEPAC, has implemented a contactless payment system for Marseille's public transport. This system, which supports contactless cards and NFC-enabled digital wallets, is part of a modernization effort to enhance passenger experience. Conduent's fare collection systems are used globally, with recent expansions in Verona, Italy, and Victoria, Australia.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:59 pm

PCTI

PCTEL has announced a new embedded antenna platform designed to enhance connectivity for portable and network devices. This platform aims to deliver high performance and reliable embedded connectivity solutions.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:54 pm

BCCMY

BYDDF

XIACF

Xiaomi Corp. is entering the EV market with its first car, the Xiaomi SU7, set to begin mass production in December 2023. The EV will be produced by BAIC, feature two powertrain options, and use battery packs from BYD and CATL. The SU7 will have a top speed of 165MPH and include facial recognition and an active rear wing. Xiaomi's HyperOS will power the in-car system, and the series will include SU7, SU7 Pro, and SU7 Max, with deliveries starting in February 2024.

Portfolio Pulse from Rounak Jain

November 15, 2023 | 1:48 pm

KNTE

SLDB

SPRC

SciSparc's treatment shows positive impact on Alzheimer's agitation, causing its stock (SPRC) to surge by 106%. Foresite Capital Fund is considering an acquisition of all outstanding shares of Kinnate Biopharma (KNTE), leading to a 54% stock increase. Solid Biosciences (SLDB) sees a 47% rise after FDA clearance for its Duchenne muscular dystrophy gene therapy candidate.

Portfolio Pulse from ryanfaloona@benzinga.com

November 15, 2023 | 1:48 pm

EXLS

GOOG

GOOGL

EXL has achieved Premier Partner status for Google Cloud in the Service Engagement Model, highlighting its expertise in utilizing Google Cloud's infrastructure and analytics tools to provide transformative insights and innovative data-led analytics and AI services to clients.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:48 pm

VUZI

Vuzix Corporation has entered into a partnership agreement with Quanta Computer, where Quanta will use Vuzix' advanced waveguides and display engines to manufacture the next generation of lightweight smart glasses.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:40 pm

AENT

Alliance Entertainment's division Mill Creek Entertainment, in partnership with Pinnacle Peak Pictures and Tread Lively, announced successful pre-sales for the home entertainment release of THE BLIND. The film topped Amazon's pre-sales across all movies & TV, and is #1 in overall DVD sales and in the Faith/Spirituality category. It grossed over $17 million at the box office and is Fathom Events' highest-grossing release ever. THE BLIND, which tells the story of Phil Robertson's early life, is available on Digital, DVD, and Blu-ray.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:37 pm

MOND

Mondee Holdings, Inc. (NASDAQ:MOND) has acquired Purplegrids, an AI company specializing in enterprise AI platforms. The acquisition, completed on November 13th in an all-share transaction, aims to enhance Mondee's AI capabilities in the travel sector. Purplegrids' founders and their team, with backgrounds from companies like Apple and PayPal, will join Mondee. The acquisition is expected to strengthen Mondee's AI travel platform and maintain its first-mover advantage in AI within the travel industry.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:36 pm

KZIA

Kazia Therapeutics Limited (KZIA) released an abstract for the PNOC022 clinical study, which will be presented at the Society of Neuro-Oncology 2023 Annual Meeting. The study shows promising results for paxalisib in treating Diffuse Midline Glioma (DMG), with a median overall survival of 16.5 months compared to the standard of care's 8-11 months. Paxalisib has received Rare Pediatric Disease Designation from the FDA, potentially leading to a priority review voucher.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:35 pm