Streetbeat News

Corporate Responsibility

SACH

Sachem Capital has appointed Nicholas Marcello as its interim CFO, effective immediately. John Villano will continue to serve as the CEO.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:17 pm

ALLG

Allego N.V. (NYSE: ALLG) has appointed Steven Salo as its new Chief Financial Officer, effective July 1st, 2024. Salo brings decades of experience in the industrial sectors to the electric vehicle charging solutions provider.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:10 pm

QGEN

QIAGEN has announced that it will discontinue its NeuMoDx integrated PCR testing system. This decision is part of the company's strategic review of its product portfolio.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:10 pm

ESP

Espey Mfg. & Electronics Corp. (NYSE:ESP) has increased its quarterly dividend from $0.175 to $0.20 per share, a 14% rise. The dividend will be payable on June 24, 2024, to shareholders of record on June 17, 2024. Additionally, the company has signed a new employment agreement with its President and CEO, David O'Neil.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:07 pm

MSEX

Middlesex Water Company is initiating a $9.7 million project to upgrade Woodbridge, New Jersey's drinking water infrastructure. The project, starting in June 2024, will revamp 18,550 linear feet of water mains and eliminate lead or galvanized steel service lines.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:05 pm

CVGI

Commercial Vehicle Group (CVGI) has retained an investment banking firm to explore strategic alternatives for its Industrial Automation business, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:04 pm

DE

Deere & Co has resolved alleged hiring discrimination claims by the U.S. Department of Labor, agreeing to pay $1.1 million in back wages and interest to affected Black and Hispanic jobseekers.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:09 pm

AROW

Arrow Financial Corporation has appointed Tenée R. Casaccio as the new Chair of the Board of Directors, effective June 5, 2024, following the retirement of William L. Owens, Esq.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:03 pm

TOMZ

TOMI Environmental Solutions (NASDAQ:TOMZ) announced a 30% reduction in executive compensation and external consulting fees, aiming to cut operational cash use by $500,000 by the end of 2024. The company anticipates securing a significant contract this summer and will continue investing in sales personnel and global distribution to expand its product reach.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:57 pm

TOMZ

Tomi Environmental Solutions (NASDAQ:TOMZ) announces cost reduction efforts to achieve long-term growth and profitability, expecting to reduce cash used in operations by ~$500,000 by the end of 2024. The company will continue to invest in sales personnel and global distribution to expand product reach.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:55 pm