Streetbeat News

Corporate Responsibility

LGVC

LGVCU

LGVCW

LAMF Global Ventures Corp. I has announced a third extension for the deadline to complete its initial business combination, moving it from January 16, 2024, to February 16, 2024. The board of directors approved this extension, which is one of up to six one-month extensions allowed by the company's amended and restated memorandum and articles of association.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:21 pm

PETS

PetMeds Express, Inc. has announced Leslie C. G. Campbell as the new Chairman of the Board, effective January 5, 2024. She will replace Dr. Gian Fulgoni, who will remain on the Board and continue to chair the Corporate Governance and Nominating Committee. Campbell has been a board member since 2018 and has held various committee roles.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:13 pm

ACN

Accenture has announced the establishment of Generative AI Studios in nine countries across Asia Pacific and Latin America. This move is in response to the increasing interest from clients in generative AI technology.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 9:00 pm

SPY

Tracy Kasper, the president of the National Association of Realtors (NAR), announced her resignation following a blackmail threat over a past personal matter. This comes after her predecessor, Kenny Parcell, resigned amid sexual harassment allegations, and NAR CEO Bob Goldberg resigned following a federal jury's ruling against NAR for artificially inflating brokers' commissions, resulting in a $1.78 billion penalty.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 8:38 pm

BA

Boeing is set to hold an employee town hall on Tuesday, as reported by CNBC. The town hall could address various topics of interest to employees and investors, such as company performance, future plans, and current challenges. Investors will be watching closely for any announcements or insights that could impact the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 8:24 pm

FLNG

Flex LNG Ltd. (FLNG) has been informed that the charterer of Flex Constellation will not extend their charter option. The ship was on a three-year Time Charter since May 17, 2021, with an extension option of up to three years. Flex LNG expects to take redelivery of the ship in Q2 2024. The current charter rate is $80,000 per day, but market rates for new charters are quoted at $90-100,000 per day. The company plans to market the ship for new opportunities after a special survey, highlighting its environmentally friendly features in line with the Global Methane Pledge.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 8:02 pm

PRTA

Prothena Corporation's stock (PRTA) is trading lower following a business update on its portfolio programs, indicating potential concerns or negative reactions from investors regarding the company's progress or prospects.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 7:37 pm

BRK.B

Charlie Munger, who passed away in November at 99, left behind valuable life lessons he shared with his children. Munger, known for his role at Berkshire Hathaway Inc (BRK), taught the importance of working with various clients to succeed, returning borrowed items in better condition, and the value of honesty in business. His children, Charles and Wendy, recounted specific instances where these lessons impacted their lives.

Portfolio Pulse from Adam Eckert

January 08, 2024 | 7:24 pm

NKTX

Nkarta Inc. shares have risen following the company's announcement of an updated corporate presentation, which includes recent business and strategic updates.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 6:39 pm

AIR

ALK

BA

AAR Corp. has clarified that it did not perform any work on the mid-cabin exit door plug of the Alaska Airlines Boeing 737 MAX 9 involved in the January 5, 2024 incident. AAR was contracted for a Wi-Fi modification on the aircraft, which was completed before the incident.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 6:27 pm