Streetbeat News

Corporate Responsibility

LUV

Southwest Airlines shares are fluctuating after Elliott Investment Management called for a special shareholder meeting and nominated eight directors to the board. Elliott, holding an 11% stake, is pushing for governance changes due to Southwest's post-pandemic profitability struggles. Despite Southwest's new 'Even Better' plan, Elliott insists on new management for effective execution.

Portfolio Pulse from Adam Eckert

October 14, 2024 | 3:02 pm

MOS

Mosaic Company (NYSE:MOS) expects its Florida fertilizer facilities to return to full production capacity soon after Hurricane Milton. The company reports limited damage and no significant environmental impacts. Mosaic has contributed $500,000 to aid recovery efforts in Florida.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 3:00 pm

BURU

NUBURU, Inc. (NYSE:BURU) has canceled its Special Meeting due to not receiving enough proxies to form a quorum. The proposals will be included in the annual meeting proxy statement expected by October 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 2:57 pm

RDY

Dr. Reddy's Laboratories Inc. has launched a comprehensive menopause support program for its employees in the U.S. during Menopause Awareness Month. This initiative highlights the company's commitment to an inclusive work environment.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:53 pm

BA

SPY

U.S. Acting Labor Secretary Julie Su is in Seattle to meet with Boeing and a striking union. This visit highlights ongoing labor issues at Boeing, which could impact the company's operations and stock performance.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:49 pm

STLA

Stellantis CEO Carlos Tavares announced at the Paris Car Show that he will be involved in the decision-making process to choose his successor, both as CEO and board member.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:30 pm

IVA

Inventiva shares rose after the company announced raising up to €348 million for its phase 3 NATiV3 clinical trial for MASH and appointed a new chairman and director.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:49 pm

LUV

Elliott Management is pushing for a special shareholder meeting at Southwest Airlines to propose the election of eight new independent directors and the removal of eight current ones. They urge Southwest to set a meeting date promptly.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:48 pm

LGCB

Linkage Global Inc, a cross-border e-commerce services provider, has appointed Hanson Ji as its new Chief Financial Officer, effective October 7, 2024. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:34 pm

TKLF

Yoshitsu Co., Ltd, a retailer and wholesaler of various products, announced plans to change its corporate name to 'Tokyo Lifestyle Co., Ltd.' to strengthen its brand identity. The change will take effect on October 31, 2024, with no impact on current operations or ticker symbol TKLF.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:14 pm