Streetbeat News

Corporate Responsibility

CCSI

John Nebergall, the Chief Operating Officer of Consensus Cloud Solutions Inc. (CCSI), has announced that he will step down from his position effective December 31, 2023. He will continue with the company as a strategic advisor. Johnny Hecker, currently the company's EVP of Operations, will be appointed as the Chief Revenue Officer effective January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 9:11 pm

AAPL

Apple's co-founder, Steve Wozniak, confirmed that he had a minor stroke while attending the World Business Forum in Mexico City. He experienced dizziness and vertigo, and an MRI confirmed the stroke. Wozniak is no longer in the hospital and is returning to the United States.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:59 pm

APD

Air Products (NYSE:APD) has partnered with Chengzhi Shareholding Co. Ltd. to accelerate transport decarbonization in China's Yangtze River Delta. The companies have launched their first commercial-scale hydrogen fueling station in Changshu city, Jiangsu province. The station fuels hydrogen fuel cell trucks of various multinational and domestic companies, including Budweiser China, Yum China, the logistics service provider of Nestle China and JD Logistics, to pilot zero-emission logistics operations.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 8:43 pm

EXPI

eXp World Holdings Inc (NASDAQ:EXPI) shares are falling after the announcement of CFO Jeff Whiteside's resignation. The company has initiated a search for his successor. In the meantime, Kent Cheng, the company's Chief Accounting Officer, will assume the role of Principal Financial Officer. EXPI shares are currently trading lower by 6.58% at $89.96.

Portfolio Pulse from Shivani Kumaresan

November 09, 2023 | 7:51 pm

FXI

SPY

President Biden has suggested that companies transitioning to new technologies should retool, reboot, and rehire at the same factories. This statement could potentially impact companies and ETFs that are in the process of technological transition.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:13 pm

F

GM

STLA

TM

TSLA

President Biden has stated that Toyota was compelled to increase wages due to a UAW deal with the Big Three automakers. He expressed his desire for all autoworkers to benefit from such deals.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:05 pm

GS

Goldman Sachs is reportedly working on a dozen projects that will incorporate generative AI into its business practices, according to the Reuters NEXT Conference.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 6:58 pm

AFIB

Acutus Medical reported Q3 financial results and announced a strategic realignment of resources and corporate restructuring by approximately 65%. This has led to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:59 pm

MAT

Mattel has announced plans to streamline its organizational structure, with the actions expected to be completed by the end of 2024. The company anticipates annual gross cost savings of about $21M from these actions. In addition, Mattel has executed other cost-saving actions in the first nine months of 2023 not included in this program.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:52 pm

MAT

Mattel has announced that it will discontinue production at its plant in China as part of cost-saving measures not included in its program to optimize manufacturing footprint, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 5:49 pm