Streetbeat News

Corporate Responsibility

QGEN

QIAGEN has expanded its presence in the Middle East by launching new regional headquarters and initiating significant projects. This strategic move aims to enhance the company's market position and capitalize on growth opportunities in the region.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 7:06 am

EPD

Enterprise Products Partners L.P. (EPD) has priced a public offering of $2 billion in senior notes, split evenly between notes due in 2027 and 2034. The proceeds will be used for general purposes, growth investments, and debt repayment, including the $850 million 3.90% Senior Notes JJ due in February 2024. The 2027 notes have a 4.60% interest rate and the 2034 notes have a 4.85% rate, with both sets of notes being issued at a slight discount. EPD will guarantee the notes unconditionally on an unsecured and unsubordinated basis, with settlement expected on January 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 6:14 am

PLTR

Palantir Technologies (NYSE:PLTR) announced it will hold its first board meeting of the year in Tel Aviv, Israel, as a sign of solidarity with the country. Palantir has operated in Israel for a decade and has previously expressed support for Israel, especially during the conflict with Hamas. The company's AI software is used in various sectors, including public health and defense. Palantir's public stance has led to protests, such as the one by Healthcare Workers for Palestine at Palantir's UK office. Palantir's stock closed 3.44% lower at $16.58 and fell another 0.3% after-hours.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 3:57 am

AAPL

COIN

LBPH

MRNA

TSLA

On Tuesday, U.S. stocks showed mixed results with the Dow Jones slightly up and NASDAQ and S&P 500 down. Apple (AAPL) fell 3.58%, Longboard Pharmaceuticals (LBPH) surged 316.25% on positive study data, Coinbase (COIN) dropped 9.80% amid leadership changes, Moderna (MRNA) gained 13.12% on market dynamics and company news, and Tesla (TSLA) had a negligible decrease of 0.02% influenced by analyst opinions and market sentiment.

Portfolio Pulse from Benzinga Neuro

January 03, 2024 | 1:34 am

AZO

AutoZone has finalized its leadership transition plan with Phil Daniele assuming the roles of President and CEO. Bill Rhodes, who has been with AutoZone for 29 years and served as CEO for nearly 19 years, has transitioned to the role of Executive Chairman. This follows the plan announced on June 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 11:02 pm

EGO

Eldorado Gold has announced the appointment of Paul Ferneyhough as its new Executive Vice President and Chief Financial Officer, effective January 2, 2024. He will be taking over from Philip Yee, who is set to retire on the same date.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 10:12 pm

ODP

Marcus Dunlop, a partner at HG Vora, has resigned from the ODP Corporation's Board of Directors as of December 31, 2023. This follows the expiration of a January 2021 cooperation agreement between ODP and HG Vora, which owns about 8% of ODP's outstanding common stock, amounting to 3.0 million shares.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 10:03 pm

BLMN

Bloomin' Brands has entered into a cooperation agreement with Starboard, which owns about 9.7% of the company's stock. As part of the agreement, Dave George and Jon Sagal have been added to the board. Starboard has agreed to standstill, voting, and other customary provisions.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 9:14 pm

CDLX

Cardlytics announced changes to its Board of Directors, with Jack Klinck becoming the new Chairperson. Andre Fernandez and Jon Francis have been appointed to the Board, while John Balen and David Adams retired effective January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 9:11 pm

EGIO

Edgio, Inc. has appointed Todd Hinders as its new CEO, effective immediately, following the resignation of Bob Lyons from his roles as President, CEO, and board member. Hinders, who has been with Edgio since May 2023 as Chief Revenue Officer, also joins the board of directors.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 9:04 pm