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Corporate Responsibility

CYCN

Cyclerion Therapeutics has appointed Regina Graul as its new President, effective immediately. Former CEO Peter Hecht will remain involved as a strategic consultant and board member, but has stepped down from his CEO role.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:11 pm

SSKN

STRATA Skin Sciences, Inc. (NASDAQ:SSKN) has announced the promotion of Shmuel Gov to Chief Operating Officer and the hiring of Dr. Amandeep Kaur as Vice President of Marketing and Business Growth. Gov brings over 30 years of experience in medical device business and was instrumental in the acquisition of LasikPlus and the development of STRATA's XTRAC product line. Dr. Kaur, with her background in business development and marketing, is expected to contribute to STRATA's sales and marketing revitalization.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:10 pm

NRGV

Energy Vault Holdings, Inc. (NYSE:NRGV) received a positive technical due diligence evaluation from DNV for its B-VAULT battery energy storage system (BESS), confirming its performance, safety, and reliability. The report highlights B-VAULT's flexibility, integration capabilities, and compliance with industry standards. DNV's evaluation, which included a factory visit, supports the bankability of B-VAULT for lenders and customers involved in energy storage projects. Energy Vault's BESS solutions are designed to meet diverse customer needs and are currently contracted or under construction in the US, Europe, and Australia.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:08 pm

ANSS

Ansys, Inc. has announced that Nicole Anasenes, the company's CFO and Senior Vice President of Finance, will leave the company in the second quarter of 2024. Ansys is currently searching for a new CFO, and Anasenes will assist in the transition process.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:06 pm

LHX

L3Harris Technologies has appointed Kenneth Bedingfield as its new Senior Vice President and Chief Financial Officer, replacing Michelle Turner in the role.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:03 pm

KNTK

Kinetik Holdings Inc. announced its intention to offer $500 million in aggregate principal amount of sustainability-linked senior notes due in 2028. The offering is subject to market conditions and other factors.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:01 pm

MSFT

OpenAI has delayed the launch of its GPT Store from 2023 to early 2024 due to leadership changes and unresolved operational questions. The delay follows a temporary ousting of CEO Sam Altman over internal disagreements. Despite the setback, OpenAI, backed by Microsoft Corp (NASDAQ: MSFT), aims to generate over $1 billion in revenue from AI software and computing capacity sales. MSFT shares dropped 0.60% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

December 04, 2023 | 12:44 pm

GNRC

WBX

Generac has made a minority investment in Wallbox, which includes a board seat and a global commercial agreement to supply energy management systems to Generac's customers. The financial terms of the investment were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 12:36 pm

AAPL

INDA

Apple's supplier Pegatron has suspended iPhone production at its facility near Chennai, India, due to heavy rains, according to sources cited by Reuters.

Portfolio Pulse from Charles Gross

December 04, 2023 | 12:24 pm

MKSI

MKS Instruments has announced the retirement of Seth H. Bagshaw, the Executive Vice President, Chief Financial Officer, and Treasurer, effective April 1, 2024. The company will likely be looking for a successor to fill Bagshaw's role.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 12:19 pm