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NSRGY

Nestle SA reported a nine-month FY23 revenue decline of 0.4% Y/Y to $76.7 billion, impacted by foreign currency translations and acquisitions. Organic revenue grew 7.8% Y/Y, with a 9% Y/Y rise in emerging markets. The company bought a majority interest in Grupo CRM and divested its peanut allergy treatment business, Palforzia. Nestle plans to grow the sales of its more nutritious products by CHF 20-25 billion by 2030. The company reiterated its FY23 outlook.

Portfolio Pulse from Lekha Gupta

October 19, 2023 | 1:40 pm

CNVS

Cineverse (NASDAQ: CNVS) has acquired all North American rights to the time loop comedy 'River' and plans to release the film on its streaming service AsianCrush in early 2024. The film was screened at various international film festivals and received positive reviews. The deal was negotiated between Third Window Films and Cineverse.

Portfolio Pulse from Happy Mohamed

October 19, 2023 | 1:30 pm

VZIO

The NFL app is now available on VIZIO Smart TVs, expanding the reach of NFL content to VIZIO users.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:21 pm

VISL

JB&A, a technology solutions provider, has announced that it will offer Vislink's suite of solutions to broadcasters and content creators nationwide. This partnership is expected to expand Vislink's reach and increase its customer base.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:20 pm

TOON

Kartoon Channel!'s series, 'Shaq's Garage,' starring Shaquille O'Neal, has launched on YouTube and Tubi. The series is now available across SVOD, AVOD, and FAST platforms and has garnered millions of views to date. The second season of 'Shaq's Garage' is slated for 2024.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:19 pm

CFG

Citizens Financial Group (CFG) is redefining the private banking sector with the launch of Citizens Private Bank. The company plans to open six new private banking offices across the country.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:17 pm

SNX

TD SYNNEX has relaunched its MyShop e-commerce platform with new updates including V-Commerce and AI features. The updates are aimed at enhancing the user experience and improving the platform's overall functionality.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:12 pm

NET

Cloudflare is expanding its operations in Mexico, as part of its growth strategy in Latin America. This move comes amid an increase in cyber attacks, necessitating a stronger infrastructure and customer base in the region.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:11 pm

MYMD

MyMD Pharmaceuticals announced preclinical study results showing that its novel cannabidiol analog, Supera-CBD, reduced acute inflammatory pain. The drug provided long-lasting pain relief lasting up to five hours. The company was also issued Japanese Patent No. 7293561 B2, covering Supera-CBD as a new molecular entity, in pharmaceutical formulations, and for use in therapeutic treatments.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:07 pm

GPRO

GoPro, Inc. (NASDAQ:GPRO) announced that its subscription service surpassed 2.5 million subscribers at the end of Q3, growing 20% year-over-year. The subscription service provides customers with various benefits including unlimited cloud storage, premium editing tools, and exclusive savings on GoPro cameras. The company plans to launch its all-new Quik desktop app later this year as an additional benefit to subscribers at no extra cost.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 1:06 pm