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Assets

BBWI

Bath & Body Works, Inc. (NYSE:BBWI) has announced the appointment of Eva C. Boratto as the company's new Chief Financial Officer, effective August 1, 2023. Boratto, who has over three decades of financial and operational experience, will succeed Wendy Arlin. Boratto has previously served as CFO at Opentrons Labworks and CVS Health Corporation, and held various roles at Merck & Co., Inc.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 12:32 pm

INMD

InMode Ltd. has acquired all the intellectual property assets of Viveve Medical, a company focused on women's wellness and the treatment of female stress urinary incontinence. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 12:12 pm

AAPL

INTC

NVDA

TSM

Nvidia Corp's stock is trading higher following news that Taiwan Semiconductor Manufacturing Company Ltd (TSMC), a supplier to Nvidia and Apple Inc, plans to invest T$90 billion ($2.87 billion) in an advanced packaging facility in Taiwan. This move is expected to double TSMC's capacity for advanced packaging, easing the supply crisis by the end of 2024. Analysts believe Nvidia will benefit significantly from the AI boom. Additionally, the German government plans to invest €20 billion ($22.15 billion) in the semiconductor industry, with Intel Inc and TSMC planning to develop chip-making plants in the country.

Portfolio Pulse from Anusuya Lahiri

July 25, 2023 | 12:10 pm

INNPF

Innocan Pharma Corporation plans to complete a non-brokered private placement of up to 17.22 million units at a price of CA$0.23 per unit, raising up to CA$3.96 million ($3 million). The offering is expected to close on or around July 20, 2023. The proceeds will be used for working capital and general corporate purposes. The securities will be subject to a hold period of four months and one day from the date of issuance.

Portfolio Pulse from Vuk Zdinjak

July 25, 2023 | 11:46 am

CF

CF Fertilisers UK Limited, a subsidiary of CF Industries Holdings, Inc. (NYSE:CF), plans to permanently close the ammonia plant at its Billingham Complex in the UK. The company aims to secure its long-term sustainability and serve its customers more efficiently. It will continue to produce ammonium nitrate fertiliser and nitric acid at the Billingham site using imported ammonia.

Portfolio Pulse from Charles Gross

July 25, 2023 | 11:46 am

TCRX

TScan Therapeutics has announced the appointment of Gavin MacBeath as the Interim Principal Financial Officer, effective from July 21, 2023. He replaces Brian Silver, who had previously announced his resignation as CFO. MacBeath has been serving as CEO since May 24, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 11:20 am

EWG

VGK

Germany's current assessment for July has been reported at 91.3, lower than the estimated 93.0 and the prior figure of 93.7.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 8:03 am

TSM

Taiwan Semiconductor Manufacturing Co. (TSM) plans to invest $2.9 billion in an advanced chip packaging plant in Taiwan, according to CNBC.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 7:45 am

SHEL

Shell has sold a 35% interest in Indonesia's Masela Block for up to $650 million to PT Pertamina and Petronas. The deal is part of Shell's ongoing divestment strategy.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 7:22 am

PSA

Public Storage has priced a public offering of $2.2 billion senior notes to fund its acquisition of Simply Self Storage.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:26 am