Streetbeat News

Corporate Responsibility

FNB

F.N.B. Corporation (NYSE:FNB) has announced a streamlined reporting structure aimed at enhancing bank operations. This move is expected to improve automation, efficiency, innovation, risk management, and customer experience.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:05 pm

XPOF

Xponential Fitness shares are trading higher following the announcement of Mark King as the new CEO.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:38 pm

ADSK

Autodesk has issued a statement in response to a letter from Starboard Value LP, affirming confidence in its current strategy and decision against re-opening the advance notice period for director nominations. The company emphasizes its long-term value initiatives and mentions the upcoming annual meeting on July 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:36 pm

GM

UAW Local 1112 members have overwhelmingly voted to ratify a historic contract at Ultium Cells, with 98% approval. Under the new contract, by October 2027, Ultium production workers will earn $35 an hour.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 2:22 pm

TM

Several key investors of Toyota Motor Corp (NYSE:TM) plan to vote against the re-election of former CEO Akio Toyoda to the board of directors due to concerns over his continued influence and the need for more independent board oversight. This comes amid Toyota's recent certification crisis and Toyoda's controversial projections about the future of EVs.

Portfolio Pulse from Benzinga Neuro

June 17, 2024 | 1:29 pm

ADSK

Autodesk Inc (NASDAQ:ADSK) shares surged after activist investor Starboard Value acquired a $500 million stake and pushed for margin improvements and board changes. Starboard's letter to shareholders emphasized the potential for growth and profitability improvements. The investor also filed a lawsuit to reopen the nomination window for the company's board.

Portfolio Pulse from Adam Eckert

June 17, 2024 | 1:10 pm

MYMD

MyMD Pharmaceuticals has announced the appointment of Dr. Mitchell Glass as the new President and Chief Medical Officer (CMO).

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:03 pm

EVOK

Evoke Pharma (NASDAQ: EVOK) reports progress in its commercial strategy for GIMOTI, including expanded state Medicaid access and record monthly prescription fills in May 2024. The company also promoted Mark Kowieski to CFO.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:41 pm

BYON

Beyond has announced a significant leadership restructuring, eliminating the Co-CEO and dual Chief Merchant roles. Chandra Holt is departing, and Dave Nielsen has been appointed as President overseeing marketing, merchandising, and supply chain. Marcus Lemonis will expand his role as Executive Chairman.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:38 pm

KNSA

Kiniksa Pharmaceuticals (NASDAQ:KNSA) is sponsoring the American Heart Association's initiative to improve the quality of care for recurrent pericarditis. The initiative aims to enhance diagnosis and management practices across 15 healthcare sites.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:37 pm