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TM

Toyota Motor Corporation (NYSE:TM) has partnered with Idemitsu Kosan Co Ltd to develop mass production technology for solid electrolytes. The collaboration aims to improve productivity and establish a supply chain for the mass production of all-solid-state batteries for battery electric vehicles (BEVs). The companies plan to commercialize all-solid-state batteries by 2027-28. The partnership will focus on sulfide solid electrolytes, which are seen as a promising material for BEVs. TM shares are trading higher by 2.67% premarket at $182.78.

Portfolio Pulse from Shivani Kumaresan

October 12, 2023 | 10:22 am

DPZ

Domino's Pizza has projected its FY23 global retail sales growth, excluding the impact of foreign currency, to trend slightly below the mid-point of its 4% - 8% two- to three-year outlook.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:15 am

DPZ

Domino's Pizza (DPZ) has announced that it expects its FY23 global net store growth to trend at or slightly below the low-end of its 5% - 7% two- to three-year outlook.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:13 am

LLAP

A group of co-founders and investors in Terran Orbital have sent a letter to the board outlining immediate actions required to protect and maximize stockholder value.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:13 am

DWAC

Digital World Acquisition Corp. (DWAC) has received termination notices from PIPE investors representing approximately $191.5 million. This, along with previously reported terminations, means that around $467 million of the PIPE has been cancelled.

Portfolio Pulse from Charles Gross

October 12, 2023 | 10:12 am

HL

Hecla Mining has reported an 8% increase in silver production year-to-date (YTD), but a 14% decrease in gold production. The company's stock symbol is HL.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 10:06 am

SUI

Sun Communities Inc (SUI) has divested approximately 10.25% interest in Ingenia Communities Group, selling about 41.8 million shares for a minimum net proceeds of $100 million. The company had extended its joint venture partnership with Ingenia in August 2023 for another seven years. SUI's Q3 2023 results are expected on October 25, 2023.

Portfolio Pulse from Lekha Gupta

October 12, 2023 | 10:04 am

AKRO

BCS

DAO

ETWO

FNGR

PLNT

SHCR

Several stocks recorded losses in Thursday's pre-market trading session. Youdao, Inc. (DAO) shares fell 8.1%, E2open Parent Holdings, Inc. (ETWO) shares dipped 4.1% following a downgrade from Redburn Atlantic analyst Alex Haissl, FingerMotion, Inc. (FNGR) shares declined 4.1%, Planet Fitness, Inc. (PLNT) shares fell 3.6%, Barclays PLC (BCS) shares declined 3.5%, Sharecare, Inc. (SHCR) shares tumbled 3.4% after a preliminary non-binding proposal for acquisition, and Akero Therapeutics, Inc. (AKRO) fell 3% following a 36-week analysis of a Phase 2b study.

Portfolio Pulse from Lisa Levin

October 12, 2023 | 9:58 am

CARR

Wolfe Research analyst Nigel Coe has downgraded Carrier Global (NYSE:CARR) from Peer Perform to Underperform and set a price target of $56.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 9:31 am

JKHY

Goldman Sachs analyst Will Nance has downgraded Jack Henry & Associates (NASDAQ:JKHY) from Neutral to Sell and set a price target of $140.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 9:00 am