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UAL

United Airlines executives have indicated that there are multiple reasons to expect further reductions in unprofitable flights, which is anticipated to boost their fiscal year earnings.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:13 pm

GOOG

GOOGL

Google has announced the formation of the Coalition for Secure AI (CoSAI), aimed at ensuring the safe and secure development of artificial intelligence. Google is a founding member of this coalition.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:10 pm

CTAS

Cintas Corporation's executive has indicated that the company expects margin pressure on its fire protection business due to the implementation of SAP in fiscal year 2025.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:57 pm

SPY

President Biden's campaign aide has stated that Biden is not wavering on any of his policies, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:51 pm

UAL

United Airlines CEO announced that domestic industry capacity growth is expected to moderate by roughly five points by Q4 compared to Q2.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 2:37 pm

ALGT

Allegiant Travel Company has appointed Greg Anderson as its new CEO. Anderson, who previously served as the company's President, will be taking over the role immediately.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 1:32 pm

CMCSA

PARA

T

VOX

WBD

XLC

Warner Bros Discovery Inc (NASDAQ:WBD) shares are surging as the company considers asset sales and a potential spin-off of its digital streaming and studio businesses. CEO David Zaslav aims to manage the company's $39 billion debt and improve its struggling share price. Informal talks with advisors to rival media companies have taken place, and a strategic spin-off could provide financial flexibility for the growing streaming and studio business. The company's shares have plummeted nearly 70% since its spin-off from AT&T Inc (NYSE:T) two years ago.

Portfolio Pulse from Shivani Kumaresan

July 18, 2024 | 1:18 pm

ARCB

ArcBest (NASDAQ: ARCB) has announced that Seth Runser, currently president of ABF Freight, will become president of ArcBest effective August 1, 2024. Matt Godfrey, Vice President of Engineering at ABF, will take over as ABF President. Judy R. McReynolds will continue as CEO and Chairman of the Board.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 1:15 pm

WLDN

Willdan Group has successfully completed energy efficiency projects for a Pacific Northwest data center, achieving over 4.1 million kWh in annual savings and reducing peak load by 475 kW. The project also secured $1.7 million in incentives for early replacement of uninterruptible power supply systems, all without causing any data center downtime.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 1:13 pm

MODG

PENN

Topgolf has appointed Erin Chamberlin as its new Chief Operating Officer, effective July 22, 2024. Chamberlin joins from PENN Entertainment Inc., where she was Senior Vice President of Regional Operations.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 1:11 pm