Streetbeat News

Corporate Responsibility

RTX

Pratt & Whitney, a business unit of RTX, has announced the establishment of a new customer service center in Bengaluru, India. This move is expected to enhance customer support and service capabilities in the region.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:33 am

VEON

VEON Ltd.'s subsidiary Kyivstar is investing in additional generators and batteries to enhance Ukraine's connectivity during blackouts caused by attacks on the energy infrastructure. This move is part of a broader strategy to ensure service continuity and energy resilience.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:03 am

MIELY

Mitsubishi Electric has secured an order for 84kv dry air insulated switchgear from Kansai Transmission, which will help advance carbon neutrality by expanding the company's lineup of greenhouse gas-free products.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 6:07 am

TSLA

Sen. Bernie Sanders criticized Elon Musk's reported $45 million monthly donations to Donald Trump's presidential campaign, emphasizing the need for public funding of elections and overturning Citizens United. Musk responded with a meme, seemingly denying the report.

Portfolio Pulse from Benzinga Neuro

July 17, 2024 | 2:00 am

JPM

Former President Donald Trump is considering JPMorgan Chase CEO Jamie Dimon for Treasury Secretary if he wins the upcoming election. Trump also assured he will not replace Federal Reserve Chair Jerome Powell before his term ends in 2026.

Portfolio Pulse from Benzinga Neuro

July 17, 2024 | 1:04 am

PNFP

Pinnacle Financial Partners (PNFP) has expressed great optimism as it enters the second half of 2024, indicating a positive outlook for the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 10:08 pm

JPM

SPY

Former President Donald Trump mentioned in a Bloomberg Businessweek interview that he would consider Jamie Dimon, CEO of JPMorgan, to serve as Secretary of the Department of Treasury.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 9:08 pm

SPCE

TSLA

Elon Musk announced that SpaceX and X (formerly Twitter) will move their headquarters from California to Texas, citing dissatisfaction with California's new law and other regulatory issues. This follows Tesla's earlier move to Texas.

Portfolio Pulse from Chris Katje

July 16, 2024 | 8:53 pm

FIVE

Five Below Inc (NASDAQ:FIVE) shares fell after-hours following the announcement of a CEO transition and updated guidance for Q2. Joel Anderson stepped down as CEO, with COO Kenneth Bull named interim CEO. The company reported a 9.5% increase in total sales for the 10 weeks ending July 13, but a 5% decline in comparable sales. Five Below now expects Q2 sales between $820 million and $826 million, with a 6% to 7% decrease in comparable sales and diluted income per share between 53 cents and 56 cents. Shares dropped 9.34% to $92.53.

Portfolio Pulse from Adam Eckert

July 16, 2024 | 8:37 pm

CNP

CenterPoint Energy has restored power to 95% of customers affected by Hurricane Beryl and is working to address requests from Governor Abbott.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 8:37 pm