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Corporate Responsibility

PFE

Texas Attorney General Ken Paxton has filed a lawsuit against Pfizer Inc. for allegedly misrepresenting the efficacy of its COVID-19 vaccine and attempting to censor public discourse. The lawsuit claims Pfizer engaged in deceptive practices by promoting the vaccine's 95% efficacy based on relative risk reduction, which is considered misleading. It also accuses Pfizer of suppressing information about the vaccine's limited duration of protection and failing to measure its effect on transmission. The lawsuit alleges that Pfizer tried to silence critics when the vaccine's limitations became apparent.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:39 pm

BYON

Beyond Board has unanimously voted to enhance governance and accountability by declassifying its board structure. This move is aimed at making the company's governance more democratic and could potentially lead to more direct influence by shareholders on board decisions.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:31 pm

CCJ

Cameco has announced the appointment of Catherine Gignac as the new Chair of its Board of Directors, effective December 1, 2023. She will be succeeding Ian Bruce, who served as the chair from May 2018 until his passing on October 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:07 pm

VFC

VF Corp, the owner of North Face, is laying off 500 employees as part of its ongoing turnaround efforts. The company is facing challenges in its business and is taking steps to streamline operations and reduce costs. This move could affect investor sentiment as it reflects both the difficulties VF Corp is encountering and its commitment to restructuring for better financial health.

Portfolio Pulse from Charles Gross

November 30, 2023 | 10:03 pm

CCNE

The Board of CNB Financial has elected Jeffrey Powell as its new Chairperson. This change in leadership could signal a new strategic direction for the company and may influence investor confidence.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:51 pm

FLNC

Fluence Energy, Inc. (NASDAQ:FLNC) has been accepted as an official signatory member of the UN Global Compact, ahead of its 2024-2025 target. This aligns Fluence with the world's largest corporate sustainability initiative, committing to human rights, labor, environment, and anti-corruption principles. Fluence will submit an annual Communication on Progress and aims to enhance transparency and accountability. The company released its first sustainability report in May 2023, following its 2021 IPO, and is building a strong ESG program.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:34 pm

DIS

Blackwells Capital opposes Nelson Peltz and Trian's attempt to join Disney's board, citing Disney's strong brand portfolio. Blackwells urges Peltz and Trian to withdraw their disruptive campaign.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:31 pm

DIS

Blackwells Capital has expressed support for the restructuring efforts at Walt Disney, led by CEO Bob Iger. The firm has also indicated concern regarding the campaign by Trian at Disney.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:30 pm

AN

AutoNation, Inc. (NYSE:AN) has rebranded RepairSmith by AutoNation to AutoNation Mobile Service following its acquisition earlier this year. The service offers on-site vehicle care by certified TechXperts, providing convenience and a range of benefits such as Upfront Service Pricing and a Repair Guarantee. It caters to individual customers, fleet operators, car rental agencies, and dealership partners, aiming to enhance its After-Sales business and customer service experience.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:29 pm

IOT

The City of New Orleans has chosen Samsara Inc.'s Connected Operations Cloud to improve operations across 41 departments. The City is investing $75M in its fleet, aiming to enhance safety, efficiency, and sustainability. Samsara's solutions will provide data insights to reduce costs, increase transparency, and support the transition to electric vehicles. The technology has already shown positive results in the New Orleans Emergency Medical Services (NOEMS) since 2021, leading to the city-wide deployment.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 9:27 pm