Streetbeat News

Corporate Responsibility

MTNB

Matinas Biopharma has announced the termination of negotiations under a non-binding term sheet for global rights to MAT2203. Following this, the company has implemented an 80% workforce reduction.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:49 am

EL

Estee Lauder has withdrawn its FY25 guidance due to uncertainties in the stabilization of the Mainland China market and Asia travel retail, as well as leadership changes.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:34 am

SQ

Block Inc. CEO Jack Dorsey announced layoffs at Tidal, aiming to streamline the company to operate like a startup. This move comes amid Block's strategic focus on cryptocurrency and follows Ark Invest's recent sale of Block shares.

Portfolio Pulse from Benzinga Neuro

October 31, 2024 | 8:47 am

CMTL

Comtech has appointed John Ratigan as its new CEO, effective October 28. This leadership change could influence the company's strategic direction and operations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:16 am

KDLY

The Benzinga Cannabis Capital Conference discussed challenges in the cannabis market, focusing on patient-centric care, regulatory hurdles, and the friction between medical and adult-use markets. Key figures emphasized the importance of education, advocacy, and maintaining medical integrity in the evolving cannabis landscape.

Portfolio Pulse from Rolando García

October 31, 2024 | 1:30 am

ADN

Advent Technologies has announced significant leadership changes, removing Chairman and CEO Vasilis Gregoriou and Chief Strategy Officer Chris Kaskavelis. Konstantinos Ferderigos has been appointed as General Manager for Greek Operations.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:12 pm

SIMO

Silicon Motion has appointed Jason Tsai as its Chief Financial Officer, effective October 28, 2024. Tsai has been serving as the Interim CFO since April 25, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 10:03 pm

VLO

Valero Energy Corporation announced a leadership transition with Joseph W. Gorder retiring as Executive Chairman and Director by the end of 2024. R. Lane Riggs, the current CEO and President, will assume the Chairman position.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:11 pm

WTS

Watts Water Technologies announced that its CFO, Shashank Patel, will retire on March 15, 2025. This leadership change could impact the company's financial strategies and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 9:08 pm

SNBR

Sleep Number Corporation announced that Shelly Ibach, its Chair, President, and CEO, will retire by the 2025 Annual Meeting. The company is searching for her successor and plans additional Board and governance changes.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:45 pm