Latest News for Celyad Oncology Stock (OTC:CLYYF)

Celyad Oncology SA is a biopharmaceutical company focused on the discovery and development of innovative technologies for chimeric antigen receptor T-cell (CAR T) therapies. The company focuses on solid tumors and hematological malignancies. The firm has CYAD-01 and CYAD-02 programs in the pipeline. The company owns trademarks and service marks including CELYAD, C-CATH, C_CURE, CAR-T Cell, THINK, CYAD01 - Deplethink, CYAD02 - Cycle1, CwalityCAR, CYAD-101, and new engagers. The firm has Cardiology and Immuno-oncology operating segments. It generates majority of its revenue from Cardiology segment.

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Stocks That Hit 52-Week Lows On Tuesday

Celyad Oncology SA

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fspire.com%2F&amp;esheet=53958866&amp;newsitemid=20240429856492&amp;lan=en-US&amp;anchor=Spire+Global%2C+Inc.&amp;index=1&amp;md5=2025a6502749688b314edd4550f7b40a">Spire Global, Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) (&quot;Spire&quot; or &quot;the Company&quot;), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm. The Company will provide its&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fspire.com%2Fpress-release%2Fspire-global-launches-space-driven-high-resolution-weather-forecast-for-utilities-and-commodity-traders%2F&amp;esheet=53958866&amp;newsitemid=20240429856492&amp;lan=en-US&amp;anchor=High-Resolution+Weather+Forecast+model&amp;index=2&amp;md5=7dd9efd7ce5d7d10b829a59ab353d3a1">High-Resolution Weather Forecast model</a>, which offers a six-day&nbsp;outlook&nbsp;powered by proprietary data collected from space, and develop an AI-powered model for long-range forecasting.
Through this deal, Spire will build off of its recent&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fspire.com%2Fpress-release%2Fspire-global-to-enhance-ai-driven-weather-prediction-in-collaboration-with-nvidia%2F&amp;esheet=53958866&amp;newsitemid=20240429856492&amp;lan=en-US&amp;anchor=collaboration+with+NVIDIA&amp;index=3&amp;md5=1843400003023cc52796b27e3cc72035">collaboration with NVIDIA</a>&nbsp;to leverage Earth-2, NVIDIA&#39;s platform for weather and climate change modeling, to train and run AI weather models. These models are projected to increase the accuracy of weather forecasts and produce long-range probabilistic forecasts at unprecedented speeds.

SPIR

Spire Global Bags Multi-Million Dollar Deal with Financial Firm for Weather Forecasts, Financial Terms Undisclosed

B of A Securities analyst Saurabh Pant maintains Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>) with a Buy and raises the price target from $135 to $145.

Price Target

Analyst Ratings

WFRD

B of A Securities Maintains Buy on Weatherford International, Raises Price Target to $145

Guidance

Daqo New Energy Expects To Produce Approximately 60,000MT-63,000MT Of Polysilicon in Q2 FY24 And Approximately 280,000MT-300,000MT Of Polysilicon In 2024

WIIM

TSLA

Tesla shares are trading higher on reports the company will partner with Baidu for mapping and navigation for Full Self-Driving in China.

Guggenheim analyst Seamus Fernandez downgrades Altimmune (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) from Buy to Neutral.

Downgrades

Guggenheim Downgrades Altimmune to Neutral

The Dow Jones index closed higher by around 150 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#8217;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Barnwell Industries</h3>
<ul>
<li>The Trade: Barnwell Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRN#NYSE">BRN</a>) 10% owner Ned L. Sherwood Revocable Trust <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 38,324 shares</a> at an average price of $2.76. To acquire these shares, it cost around $105,773.</li>
<li>What's Happening: On Feb. 20, Barnwell Industries announced a planned CEO succession.</li>
<li>What Barnwell Industries Does: Barnwell Industries Inc is an oil and gas firm. Its areas of operations include acquiring, developing, producing, and selling oil and natural gas.</li>
</ul>
<h3 class="wp-block-heading">IZEA Worldwide</h3>
<ul>
<li>The Trade: IZEA Worldwide, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IZEA#NASDAQ">IZEA</a>) 10% owner GP Cash Management, Ltd. <a href="https://www.benzinga.com/sec/insider-trades/">acquired a total of 101,337 shares</a> at an average price of $2.67. To acquire these shares, it cost around $271,059.</li>
<li>What's Happening: On April 1, IZEA Worldwide posted downbeat quarterly results.</li>
<li>What IZEA Worldwide Does: IZEA Worldwide Inc is a create economy, specializing in providing software solutions and professional services that connect brands with a broad spectrum of social influencers and content creators.</li>
</ul>
<h3 class="wp-block-heading">Earth Science Tech</h3>
<ul>
<li>The Trade: Earth Science Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETST#NASDAQ">ETST</a>) Director Yovan Arturo Sanchez <a href="https://www.benzinga.com/sec/insider-trades/">acquired a total of 92,530 shares</a> at an average price of $0.06. The insider spent around $5,459 to buy those shares.</li>
<li>What's Happening: On Jan. 29, Earth Science Tech announced a $5 million common stock repurchase program.</li>
<li>What Earth Science Tech Does: Earth Science Tech Inc is a diversified holding company. Currently, the company is focused on emerging prospects in the health and wellness industry.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/04/38482010/dominos-pizza-yum-china-and-3-stocks-to-watch-heading-into-monday">Domino&#8217;s Pizza, Yum China And 3 Stocks To Watch Heading Into Monday</a>

Long Ideas

Penny Stocks

Insider Trades

Pre-Market Outlook

ETST

Barnwell Industries And 2 Other Penny Stocks Insiders Are Buying

Earnings

Daqo New Energy Q1 Polysilicon Production Volume 62,278MT Vs. 61,014MT in Q4 FY23; And Polysilicon Sales Volume 53,987MT Vs. 59,906MT In Q4 FY23

Biotech

Health Care

Contracts

CMPS

Compass Pathways And Journey Clinical Have Collaborated To Inform Development Of Scalable And Practical Delivery And Healthcare Provider Training Model For COMP360 Psilocybin Treatment If Approved For Treatment-Resistant Depression

Daqo New Energy Q1 FY24 Polysilicon Average Selling Prices $7.66/kg Vs. $7.97/kg In Q4 FY23

Philips shares are trading higher after the company announced $1.1B settlement for Respironics personal injury and medical monitoring litigation. Reported better than expected Q1 earnings and reaffirmed guidance.

On Friday, April 26th, the U.S. stock markets closed higher, supported by strong earnings from tech leaders and mild inflation data.
The market reacted positively to Alphabet&#8217;s first dividend and a $70 billion buyback,&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38445001/alphabet-q1-earnings-revenue-beat-eps-beat-70b-buyback-first-ever-dividend-ai-leadership-and-more" rel="noreferrer noopener">driving its shares up 10% and lifting</a>&nbsp;its valuation above $2 trillion.
Related:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38467488/alphabets-blockbuster-results-highlight-its-transition-from-ai-laggard-to-going-on-" rel="noreferrer noopener">Alphabet&#8217;s Blockbuster Results Highlight Its Transition From AI Laggard To Going &#8216;On The Offensive&#8217;: 11 Analysts Revise Forecasts After Q1 Results</a>
Economic data showed the Federal Reserve&#8217;s key inflation gauge, the PCE price index, climbed to 2.7% in March from 2.5% in February, surpassing forecasts of 2.6%.
Six of the eleven main S&amp;P 500 sectors ended higher, led by communication services, technology, consumer discretionary, and materials.
The Dow Jones Industrial Average gained 0.40% to close at 38,239.66. The S&amp;P 500 was up 1.02%, ending the day at 5,099.96, while the Nasdaq Composite rose 2.03%, finishing the session at 15,927.90.
Asian Markets Today
<ul>
<li>On Monday, Japan&#8217;s Nikkei 225 index closed higher by 0.81% at 37,934.76, led by gains in the Electrical/Machinery, Gas &amp; Water, and Chemical, Petroleum &amp; Plastic sectors.</li>
<li>In Australia, the&nbsp;S&amp;P/ASX 200 index closed the session up by 0.81% at 7,637.40, led by gains in the IT, A-REITs, and Telecoms Services sectors.</li>
<li>India&#8217;s Nifty 50 was up 1.00% at 22,643.40, and Nifty 500 was trading higher by 0.73% at 20,992.</li>
<li>China&#8217;s Shanghai Composite gained 0.79% to end the session at 3,113.04, and the Shenzhen CSI 300 rose 1.11%, closing at 3,623.91.</li>
<li>Hong Kong&#8217;s Hang Seng Index gained 0.54%, concluding the day at 17,746.91.</li>
</ul>
Eurozone at 05:45 AM ET
<ul>
<li>The European STOXX 50 index was down 0.14%.</li>
<li>Germany&#8217;s DAX declined 0.06%.</li>
<li>France&#8217;s CAC rose 0.08%.</li>
<li>U.K.&#8217;s FTSE 100 traded higher by 0.55%.</li>
</ul>
Commodities at 05:45 AM ET
<ul>
<li>Crude Oil WTI was trading lower by 0.23 % at $83.66/bbl, and Brent was down 0.31% at $87.93 bbl.</li>
<li>Natural Gas gained 1.72% to $1.956.</li>
<li>Gold was trading higher by 0.21% at $2,352.00, Silver gained 0.54% to $27.685, while Copper was up 0.78% at $4.6105.</li>
</ul>
US Futures at 05:45 AM ET&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Dow futures were up 0.08%, S&amp;P 500 futures rose 0.13%, and Nasdaq 100 Futures gained 0.21%.
Forex at 05:45 AM ET
<ul>
<li>The U.S. Dollar Index slipped 0.24% to 105.68, USD/JPY was down 1.61% to 155.80, and USD/AUD declined 0.55% to 1.5235.</li>
<li>The yen surged against the dollar on Monday, as traders attributed the rise to Japanese authorities intervening to support the currency, which had been at its lowest in over thirty years.</li>
</ul>
Photo via Shutterstock

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CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

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CurrencyShares British Pound Sterling Trust

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IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

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USDU

PowerShares DB US Dollar Index Bullish Fund

Asia Up, Europe Mixed, While Yen Surges Against Dollar - Global Markets Today While US Slept

Daqo New Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DQ#NYSE">DQ</a>) reported quarterly earnings of $0.55 per share which missed the analyst consensus estimate of $0.56 by 1.79 percent. This is a 86.01 percent decrease over earnings of $3.93 per share from the same period last year. The company reported quarterly sales of $415.31 million which missed the analyst consensus estimate of $491.90 million by 15.57 percent. This is a 41.49 percent decrease over sales of $709.83 million the same period last year.

Daqo New Energy Q1 Adj. EPADS $0.55 Misses $0.56 Estimate, Sales $415.31M Miss $491.90M Estimate

XFOR

X4 Pharmaceuticals shares are trading higher after the FDA approved the company's Xolremdi (mavorixafor) for WHIM syndrome.

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fault.com&amp;esheet=53959059&amp;newsitemid=20240429532411&amp;lan=en-US&amp;anchor=Ault+Alliance%2C+Inc.&amp;index=1&amp;md5=d99700d3aeac77538a868e69a9095384">Ault Alliance, Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AULT#NYSE">AULT</a>), a diversified holding company (&quot;Ault Alliance,&quot; or the &quot;Company&quot;), today announced preliminary revenue of&nbsp;$36 million&nbsp;for the&nbsp;first quarter&nbsp;of 2024, the highest&nbsp;first quarter&nbsp;topline results in the Company&#39;s history.
The preliminary revenue of&nbsp;$36 million&nbsp;for the&nbsp;first quarter&nbsp;of 2024 excludes&nbsp;$3 million&nbsp;of revenue from the four hotels owned and operated by the Company&#39;s wholly owned subsidiary, Ault Global Real Estate Equities, Inc. (&quot;AGREE&quot;), which in the&nbsp;first quarter&nbsp;of 2024, were considered held for sale and included in discontinued operations. The Company recently announced that it has ended the marketing process for its AGREE hotel properties. As a result, upon the announcement, it was determined that the AGREE assets and liabilities previously presented as assets and liabilities held for sale within the Company&#39;s balance sheet will no longer meet the held for sale criteria and amounts previously presented in discontinued operations will be reclassified into continuing operations for all periods presented going forward.

AULT

Ault AllianceAult Alliance Reports Q1 Preliminary Revenue of $36M

FDA Approves X4 Pharmaceuticals' Xolremdi (Mavorixafor) Capsules For Use In Patients 12 Years Of Age And Older With WHIM Syndrome To Increase The Number Of Circulating Mature Neutrophils And Lymphocytes

Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk recently<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38479312/watershed-moment-says-tesla-analyst-as-elon-musk-makes-surprise-china-visit-to-repo"> wrapped up his visit to China</a>, sparking speculation about the introduction of the full-self driving (FSD) system in the country. However, this visit comes at a time when China&#8217;s auto sector is focusing on hydrogen-powered vehicles with policymakers introducing various incentives and business applications to position China as a global leader in this clean energy source. 
What Happened: Both central and local governments in China are rolling out a range of incentives to encourage the use of hydrogen-powered vehicles, South China Morning Post <a href="https://www.scmp.com/economy/china-economy/article/3259633/chinas-ev-sector-top-speed-beijing-eyes-economical-hydrogen-power-vehicles-amid-green-energy?module=top_story&amp;pgtype=homepage">reported</a> recently. 
For example, Sichuan province is contemplating the removal of highway tolls for these vehicles and lifting restrictions on their access within the city. The province also plans to construct hydrogen refuelling stations and offer subsidies based on the standards of the charging stations.
Hydrogen, a carbon-neutral energy source, allows quick refuelling, making it an ideal choice for large commercial vehicles. Guotai Junan Securities analyst Pang Junwen pointed out that Sichuan&#8217;s initiative could make hydrogen-powered vehicles a cost-effective alternative to diesel-fuelled trucks.
Sinopec, China&#8217;s largest oil and gas producer, has constructed 11 hydrogen fuel supply centres and 128 hydrogen refuelling stations. Recognizing hydrogen energy as a new frontier for emerging technologies and industries, China, already a significant producer of electric vehicles and lithium batteries, is keen to explore this avenue further.
Coincidently, China&#8217;s EV industry is witnessing a situation of overcapacity, Nikkei Asia <a href="https://asia.nikkei.com/Spotlight/Electric-cars-in-China/China-s-EV-overcapacity-spurs-global-fears-of-more-price-cuts">reported</a> on Sunday. The industry&#8217;s breakeven point usually stands at approximately 80% for factory utilization. However, for new energy vehicles, including EVs, this figure is around 50% in China. This overproduction has already resulted in bankruptcy for several emerging EV makers.
Chinese EV manufacturers can afford to offer lower prices due to the country&#8217;s concentrated battery procurement networks. Batteries make up 30% to 40% of EV manufacturing costs, and Chinese battery prices are about 80% of those in Europe and the U.S., as per the International Energy Agency.
See Also: <a href="https://www.benzinga.com/news/24/04/38454052/just-shocked-doj-veteran-says-potential-scotus-suprise-over-trumps-immunity-claim-shows-how-inured-w?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Just Shocked:&#8217; DOJ Veteran Says Potential SCOTUS Suprise Over Trump&#8217;s Immunity Claim Shows &#8216;How Inured We Are To Sort Of Trumpism Overtaking What This Country Is Supposed To Stand For&#8217;</a>
Despite the overcapacity, companies continue to boost production, aiming to increase their share in the world&#8217;s largest EV market. China&#8217;s production capacity for new energy vehicles is projected to surpass 36 million vehicles in 2025, almost double the anticipated sales of around 17 million vehicles.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38478483/crypto-analyst-predicts-this-altcoin-will-explode-260-in-2024-and-its-not-dogecoin-or-shib?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Crypto Analyst Predicts This Altcoin Will Explode 260% In 2024, And It&#8217;s Not Dogecoin Or Shiba Inu</a>
Why It Matters: The automotive industry is undergoing a transformation, driven by the urgent need for sustainable and eco-friendly transportation solutions. While electric vehicles (EVs) dominate the news, there is an <a href="https://www.benzinga.com/news/23/06/32874539/hydrogen-electric-vehicles-are-outperforming-evs-in-range-and-refuel-speed">emerging promise with hydrogen-electric vehicles </a>(HEVs). Hydrogen offers numerous advantages over traditional fossil fuels. It is an abundant resource produced through a variety of renewable methods, making them a clean and sustainable transportation alternative.
However, not everyone is on board with hydrogen as a renewable energy source. Musk has previously <a href="https://www.benzinga.com/news/23/08/33596503/teslas-musk-calls-governments-hydrogen-funding-idiotic-and-bizarre-amid-ev-truck-triumph">expressed his disagreement </a>with hydrogen as a possible source of renewable energy, terming it "idiotic.&#8221; Despite this, China&#8217;s push for hydrogen energy signifies a significant shift in the global energy landscape.
Meanwhile, Tesla is reportedly<a href="https://www.benzinga.com/markets/asia/24/04/38481213/breaking-tesla-reportedly-teams-up-with-baidu-to-roll-out-fsd-in-china"> partnering with Beijing-based internet company</a> Baidu in an attempt to introduce its driver assistance features in China. The partnership will focus on providing high-precision, lane-level mapping and navigation data for China.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38457749/former-democratic-senator-says-bidens-new-capital-gains-tax-proposal-aimed-at-billi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Former Democratic Senator Says Biden&#8217;s New Capital Gains Tax Proposal Aimed At Billionaires Has &#8216;No Chance&#8217; Of Passing</a>
Images via Shutterstock
This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

Amid Elon Musk's Visit To Beijing For FSD Push, China Is Eyeing 'Economical' Hydrogen-Powered Vehicles As Next Alternative For Green Energy Transition

Fulton Financial Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FULT#NASDAQ">FULT</a>) (the &quot;Corporation&quot;) today announced that it commenced an underwritten public offering of shares of its common stock. The Corporation expects to grant the underwriters a 30-day option to purchase additional shares of its common stock.
Piper Sandler and BofA Securities are acting as joint book-running managers for the offering.
The Corporation intends to use the net proceeds of the offering for general corporate purposes, including to support new opportunities in connection with its business strategy following its previously announced acquisition of substantially all of the assets and its assumption of substantially all of the deposits and certain liabilities of Republic First Bank, doing business as Republic Bank, from the Federal Deposit Insurance Corporation.

Offerings

FULT

Fulton Financial Announces Launch of Common Stock Offering, Financial Terms Undisclosed

Blackstone Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) has&nbsp;<a target="_blank" href="https://www.hipgnosissongs.com/media-gallery/?tab=pre" rel="noreferrer noopener">reached&nbsp;</a>an agreement to acquire&nbsp;Hipgnosis Songs Fund&nbsp;for approximately $1.57 billion, surpassing&nbsp;Apollo Global Management&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) backed&nbsp;Concord&#8217;s&nbsp;offer in the battle for the music rights owner of artists like Shakira and Red Hot Chili Peppers.
Hipgnosis Songs Fund will be acquired by Lyra Bidco Limited, a&nbsp;newly-formed&nbsp;company indirectly&nbsp;wholly-owned&nbsp;by investment funds advised by affiliates of Blackstone.
Blackstone&#8217;s formal bid valued Hipgnosis at $1.30 per share, exceeding Concord&#8217;s ~<a target="_blank" href="https://www.benzinga.com/news/24/04/38353749/blackstone-shakes-up-music-industry-with-hipgnosis-bid-details" rel="noreferrer noopener">$1.25 per share offer&nbsp;made&nbsp;last Wednesday.</a>
The acquisition will incorporate over 65,000 songs, including compositions by Blondie and Neil Young, into Blackstone&#8217;s music rights collection, which already boasts tracks from Justin Bieber and Justin Timberlake, reported Reuters.
The revised offer from Blackstone, the world&#8217;s largest private equity firm, came&nbsp;shortly&nbsp;after Concord topped the private equity firm&#8217;s initial bid and secured Hipgnosis&#8217;s board endorsement. Hipgnosis&#8217;s board retracted its support for Concord&#8217;s offer.
Blackstone, holding a majority stake in Hipgnosis&#8217; investment adviser HSM, has a call option to present a higher bid for Hipgnosis&#8217;s portfolio independently of&nbsp;HSM,&nbsp;despite the association.
Hipgnosis, founded by former CEO Merck Mercuriadis in 2018, commenced a strategic evaluation last year following a contentious period prompted by a shareholder vote against the fund&#8217;s continuation, coupled with a disagreement with HSM concerning the call option.
The report further added HSM had cautioned Hipgnosis against terminating the advisory agreement, citing the earlier Concord deal, which involved the U.S.-based company assuming management of Hipgnosis&#8217;s assets.
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38337918/blackstones-performance-could-accelerate-in-second-half-analysts-examine-q1-results" rel="noreferrer noopener">Blackstone&#8217;s Performance Could Accelerate In Second Half: Analysts Examine Q1 Results, Outlook</a>
Price Action: BX shares closed at $122.49 Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Equities

Media

Blackstone Clinches Hipgnosis Deal, Expanding Music Rights Portfolio

Parsons Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSN#NYSE">PSN</a>) announced today that the company was awarded a position on an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract (MATOC) by the United States Army Environmental Command (USAEC) for remediation services at sites involving hazardous toxic waste, including perfluoroalkyl and polyfluoroalkyl substances (PFAS). The&nbsp;$464 million&nbsp;ceiling value contract consists of a five-year ordering period and is new work for the company. 
&nbsp;
Under this contract, Parsons will compete for task orders to perform evaluation, investigation, and other remediation services at various U.S. Army installations throughout the country and territories. Activities include PFAS treatment, munitions response, and operational range assessments.

Government

Regulations

Parsons Wins Position on $464M US Army Remediation Contract

Pioneer And ExxonMobil Continue To Expect That The Merger Will Be Completed In Q2 2024

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Latest News for Celyad Oncology Stock (OTC:CLYYF)

Tuesday, December 10, 2019