Streetbeat News

Corporate Responsibility

GL

Viceroy Research has issued a report on Globe Life, highlighting serious governance issues within its subsidiary, American Income Life (AIL). The report alleges that terminated agents continue to work for AIL, engaging in fraudulent activities and misconduct, including sexual assault and pretending to be licensed physicians.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:30 pm

EBTC

Enterprise Bank has appointed Steven Larochelle as the new CEO, succeeding John 'Jack' Clancy Jr.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:01 pm

SMTC

Semtech shares are trading lower after the company announced the appointment of a new President and CEO and reaffirmed its Q2 2025 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:00 pm

SMTC

Semtech Corporation has appointed Dr. Hong Q. Hou as the new President and CEO, following the departure of Paul H. Pickle. The company also reaffirmed its Q2 2025 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:37 pm

ASO

Top Wall Street analysts have updated their expectations for Academy Sports and Outdoors (NASDAQ:ASO) ahead of its second-quarter earnings release. Analysts predict earnings of $1.24 per share, down from $1.30 last year, and revenue of $1.38 billion. The company recently declared a quarterly dividend and added Scott Boatwright to its Board of Directors. Analyst ratings remain largely positive, with price targets ranging from $65 to $83.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 12:29 pm

AQB

AquaBounty Technologies, Inc. (NASDAQ:AQB) has appointed David F. Melbourne Jr. as the new President and CEO, while Sylvia Wulf will continue as the non-executive Board Chair.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:08 pm

BX

EMR

GAST

MAKX

Emerson Electric Co. (NYSE:EMR) is selling its remaining stake in the Copeland joint venture to Blackstone Inc. (NYSE:BX) for $3.5 billion. The deal, expected to close in the second half of 2024, will help Emerson focus on automation and reduce debt. Investors can gain exposure to Emerson through ProShares S&P Kensho Smart Factories ETF (NYSE:MAKX) and Gabelli Automation ETF (NYSE:GAST).

Portfolio Pulse from Lekha Gupta

June 07, 2024 | 12:03 pm

PSTV

PLUS THERAPEUTICS announced that Greg Fuller has joined the company as Vice President of Medical Affairs and Medical Director. Additionally, the company received a $3.3 million advance payment from CPRIT, part of a $17.6 million award granted in September 2022.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:40 am

META

Meta Platforms Inc. (NASDAQ:META) has introduced new AI tools for WhatsApp Business and launched the 'Meta Verified' badge in Brazil, India, Indonesia, and Colombia. These tools aim to enhance customer service and ad creation, while the badge offers enhanced account support and protection.

Portfolio Pulse from Rounak Jain

June 07, 2024 | 11:35 am

NUZE

Nuzee announced that on June 6, Masateru Higashida resigned from his positions as Chairman of the Board and CEO.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 10:41 am