Streetbeat News

Corporate Responsibility

STRM

Streamline Health announced a strategic restructuring to cut expenses, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:55 pm

RVSN

Rail Vision Ltd. (NASDAQ:RVSN) has issued a statement expressing sympathy for those affected by recent events in Israel and ensuring that its operations remain unaffected. The company has robust contingency plans to maintain business continuity and is working closely with local authorities and stakeholders to monitor ongoing events.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:48 pm

F

Ford Motor Co announced that its Executive Chair, Bill Ford, will deliver remarks on Monday at 10 a.m. ET.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:35 pm

PFE

Pfizer's research and development in oncology will not be affected by the company's cost-cutting program. The company is also starting negotiations with payers on U.S. commercial prices for its Covid treatment, Paxlovid.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:35 pm

WE

WeWork has appointed David Tolley as its new CEO as part of its ongoing strategic transformation efforts.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:31 pm

STRM

Streamline Health is implementing a strategic restructuring that includes a reduction in force of 26 employees, approximately 24% of its workforce. The restructuring is aimed at reducing expenses and preserving cash while maintaining the company's ability to expand its high-margin SaaS business. Benjamin Stilwill has been named as the new CEO.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:08 am

SMMT

Summit Therapeutics has appointed Manmeet S. Soni as its new Chief Operating Officer. Soni will also remain a member of the company's Board of Directors. Other members of the company, including Dave Gancarz, Urte Gayko, Fong Clow, and Allen S. Yang, have been elevated to newly established leadership roles.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:05 am

CVS

CVS Health's EVP, CFO and President of Health Services, Shawn Guertin, is taking a leave of absence due to unforeseen family health reasons. Tom Cowhey, SVP of Corporate Finance, has been appointed as the interim CFO.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 10:35 am

NCR

NCR Corporation has announced a name change to NCR Voyix Corporation, effective from October 13, 2023. This is part of the company's plan to separate into two independent, publicly traded companies: NCR Voyix, focusing on digital commerce, and NCR Atleos, focusing on ATMs. The company's stock will start trading under the new ticker symbol 'VYX' on the New York Stock Exchange from October 17, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 10:05 am

AMZN

TSLA

Amazon.com, Inc. (NASDAQ:AMZN) posted a job listing for a 'director of security engineering' linked to 'Project Panda', sparking speculation. Tesla Inc. (NASDAQ:TSLA) offered its fans a chance to win a free Model Y Long Range for users with 1,000 referral credits.

Portfolio Pulse from Benzinga Neuro

October 16, 2023 | 7:31 am