Streetbeat News

Corporate Responsibility

TT

Trane Technologies has appointed Riaz Raihan as its Chief Digital Officer, effective December 11. This strategic move could enhance the company's digital transformation efforts and potentially impact its operational efficiency and market competitiveness.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 11:38 am

ALLR

Allarity Therapeutics announced the termination of James Cullem as CEO and the appointment of Thomas Jensen as the new CEO on December 8, 2023.

Portfolio Pulse from Charles Gross

December 11, 2023 | 11:33 am

HUT

Hut 8 Corp has provided its first update with detailed reporting metrics after completing a business combination. The update likely includes financial performance, operational metrics, and strategic direction post-merger. Investors will be keen on understanding how the combination has affected the company's prospects.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 11:32 am

FSR

Fisker has announced the hiring of Wolfgang Hoffmann as Country Manager for Canada and Amira Aly as VP of Sales for the United States, bolstering its executive team as it expands its market presence in North America.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 11:32 am

GIL

Gildan Activewear announced that Glenn J. Chamandy has departed from his roles as President, CEO, and Director. Vince Tyra has been appointed as the new President and CEO, effective February 12, 2024. Craig A. Leavitt will act as Interim President and CEO until Tyra takes over.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 11:04 am

MBGYY

VWAGY

Huawei is reportedly in talks with Audi and Mercedes-Benz about potential investments in its smart car business, according to sources cited by Reuters. The discussions are part of Huawei's efforts to diversify its business amid US sanctions that have impacted its core telecom equipment and smartphone operations. The move into the smart car industry represents a strategic pivot for Huawei, leveraging its technological capabilities in a new sector.

Portfolio Pulse from Charles Gross

December 11, 2023 | 10:51 am

FCN

FTI Consulting, Inc. (NYSE:FCN) has expanded its Corporate Finance & Restructuring segment in Tokyo with the appointment of Go Matsumoto as a Senior Managing Director and Eiji Michihiro as a Senior Advisor. This move signifies the company's commitment to strengthening its presence and services in Japan.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 9:06 am

AAPL

GOOG

GOOGL

Senator Elizabeth Warren criticized Apple Inc. for shutting down Beeper Mini, an iMessage for Android app, citing corporate greed and the need for secure cross-platform messaging. Apple defended its decision, stating it blocked techniques that exploit fake credentials to access iMessage, which could risk user security and privacy. The move impacts Android users and Alphabet Inc.'s Google, which has campaigned for Apple to support Rich Communication Services (RCS) to address messaging compatibility issues.

Portfolio Pulse from Rounak Jain

December 11, 2023 | 8:28 am

MZDAY

Mazda CEO Masahiro Moro anticipates electric vehicles (EVs) will constitute 25-40% of Mazda's global sales by 2030. Moro credits the company's growth to his prior role in North America, promoting larger vehicles. Mazda is preparing to launch its first dedicated EV platform, with close collaboration with Toyota on software and electrical infrastructures. The new EV platform is expected between 2025 and 2027, with plans to design and manufacture EVs in Japan and potentially North America. Despite challenges faced by other automakers like Tesla, General Motors, and Ford, Mazda's strategy could make it a significant player in the EV market.

Portfolio Pulse from Benzinga Neuro

December 11, 2023 | 2:45 am

TENB

Tenable's Vulnerability Management and Web App Scanning solutions have been assessed at a 'PROTECTED' level by Australia's IRAP, affirming their security controls and compliance with high cybersecurity standards. This endorsement may boost confidence among government agencies, especially those moving to cloud-based systems.

Portfolio Pulse from Charles Gross

December 10, 2023 | 9:15 pm