Streetbeat News

Corporate Responsibility

AORT

Artivion, Inc. has reaffirmed its financial guidance for fiscal year 2023, which was initially provided on November 2, 2023. This reiteration may signal the company's confidence in meeting its financial targets for the year.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:29 pm

AORT

Artivion, Inc. has announced the appointment of Lance Berry as the new Executive Vice President and CFO, effective December 4, 2023. He will be succeeding D. Ashley Lee, who is set to retire at the end of the year.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:27 pm

KW

Kennedy-Wilson Holdings plans to sell non-core assets targeting $550M-$750M in cash over the next 18 months. Post Q3 2023, the company adopted a cost efficiency plan according to an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:25 pm

FSR

Fisker's Chairman and CEO Henrik Fisker has stated that negative reports about the company are 'overblown' and expressed confidence in the company's daily progress and long-term opportunities.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:25 pm

LIAN

LianBio's Board of Directors has unanimously decided not to pursue an unsolicited acquisition proposal from Concentra Biosciences. The offer was to acquire all LianBio equity for $4.30 per share in cash, plus a contingent value right. The Board believes the proposal undervalues the company and is not in the best interests of LianBio or its shareholders.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:17 pm

CHWY

Chewy, Inc. has announced the appointment of David Reeder as its new Chief Financial Officer (CFO) and Principal Financial Officer. Stacy Bowman will remain as the company's Chief Accounting Officer and principal accounting officer.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 9:12 pm

MCD

During McDonald's Investor Day, the CEO expressed hesitance to make predictions for the next year, citing the resilience of the consumer as a continuing trend.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 8:28 pm

MSFT

TIME Magazine named Taylor Swift as its 2023 Person of the Year, with OpenAI founder Sam Altman named CEO of the Year. Despite OpenAI's impact on the tech industry and Microsoft's stock rise, Swift's cultural and economic influence was deemed greater. The decision reflects TIME's criteria for impact rather than morality, as evidenced by the inclusion of controversial figures in the shortlist.

Portfolio Pulse from Aaron Bry

December 06, 2023 | 8:06 pm

TSVT

2seventy bio, Inc. (NASDAQ:TSVT) has issued a statement reaffirming its commitment to maximizing shareholder value. The company's Board has started a process to evaluate all options to enhance value, focusing on making their therapies available to patients, driving shareholder value, and supporting their employees.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 7:01 pm

JPM

JPMorgan Chase & Co. CEO Jamie Dimon testified before a U.S. Senate Committee, criticizing Bitcoin and cryptocurrencies, suggesting the government should shut them down due to their use in illegal activities. Social media users mocked Dimon, accusing him of being out of touch and highlighting the use of fiat in criminal activities. Some users expressed intentions to close their Chase accounts or defended cryptocurrencies as a symbol of freedom.

Portfolio Pulse from Murtuza Merchant

December 06, 2023 | 6:37 pm