Streetbeat News

Corporate Responsibility

ATNF

180 Life Sciences is reviewing strategic alternatives to enhance shareholder value. The company has not set a timeline for the completion of this review process.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:04 pm

NEWT

NewtekOne, Inc. (NEWT) has announced the hiring of Ms. Jennifer Merritt as Chief Operating Officer of digital banking operations for its subsidiary, Newtek Bank, N.A., effective November 27, 2023. Merritt brings over a decade of experience in digital banking and product development, having previously worked at Live Oak Bank, First Bank, and Wells Fargo. The company expects her leadership to transform its deposit-raising success into more and lower-cost transactional depository accounts, and to continue growing commercial bank deposits from independent business owners in 2024.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:36 pm

APYX

Apyx Medical Corporation has announced the appointment of Matthew Hill as its new Chief Financial Officer. This strategic move could signal a strengthening of the company's financial leadership, which may positively influence investor confidence and potentially impact the company's financial strategies and reporting.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:35 pm

MAMA

Mama's Creations has launched its first-ever direct-to-consumer e-commerce platform, expanding its business model to include online sales and reinforcing its strategy to serve as a one-stop-shop for both retailers and consumers.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:33 pm

G

Genpact (NYSE:G), a global professional services firm, has released an industry-first playbook for scaling responsible generative AI projects, called FMOps – The Generative AI Imperative for Production. Developed with Nasscom, it provides guidelines for transitioning from pilot to production generative AI projects, focusing on Foundation Model Operations (FMOps) and including Large Language Model Operations (LLMOps) and Machine Learning Operations (MLOps). The playbook emphasizes the need for ethical and scalable solutions, improved collaboration, faster release cycles, and risk reduction in AI systems.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:21 pm

TWKS

Thoughtworks (NASDAQ:TWKS), a global technology consultancy, announced its expansion into Switzerland as part of its strategy to scale up in key European industry verticals. The company, which serves financial and health services clients, aims to grow its market presence in Europe and provide enhanced service to its Swiss clients, including SMG Swiss Marketplace Group and V-Zug.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:18 pm

FOR

Forestar Group Inc. announced the retirement of CEO Daniel C. Bartok and the appointment of Anthony W. Oxley as the new CEO, effective January 1, 2024. Oxley, currently serving as Senior VP at D.R. Horton, brings extensive experience in land acquisition and development. Bartok will remain in a consulting role to ensure a smooth transition. The leadership change aims to continue Forestar's growth as a leading residential lot developer.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:15 pm

CRL

Charles River Laboratories International, Inc. (NYSE:CRL) and Genetic Cures for Kids Inc (GC4K) have announced a collaboration for plasmid DNA production to support early phase trials for SPG56 Hereditary Spastic Paraplegia. Charles River will utilize its eXpDNA™ platform and HQ Plasmid Manufacturing Center of Excellence to aid in the development of a gene therapy for SPG56, a rare neurodegenerative disease with no current treatment. The partnership aims to create a framework for treating other genetic diseases.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:12 pm

CRS

Carpenter Technology Corporation has appointed Brian Malloy as its new Chief Operating Officer. This strategic move could signal a strengthening of the company's operational leadership, potentially impacting its future performance and efficiency.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:09 pm

WKSP

Worksport Ltd. announces the assembly of the COR battery system in Canada using both domestic and foreign parts. The company has partnered with a Canadian manufacturer specializing in electronic boards to assemble the COR unit, including its inverter and hub. This move aligns with Worksport's commitment to quality and sustainability in the renewable energy sector. The announcement follows the news of the upcoming Alpha Release of the COR battery system for real-world testing and precedes the market launch. Worksport is also increasing production of tonneau covers due to a $16 million sales agreement and will provide updates on the SOLIS solar cover after the COR battery system's test phase.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 1:05 pm