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Corporate Responsibility

WMT

Walmart Inc. (NYSE:WMT) is expanding its virtual primary care services, allowing employees and their families to develop long-term relationships with doctors across the country. The company launched a pilot in three states in 2020 and expanded it to 21 states in 2023 after seeing success. The service has led to a decrease in medical costs by about 10%. Included Health will provide the expanded online access from Oct. 14. The move is expected to be a 'big test' of how much treatment can shift to the internet.

Portfolio Pulse from Nabaparna Bhattacharya

October 10, 2023 | 5:29 pm

TEVA

Teva Pharmaceutical Industries has reportedly stated that the ongoing Israel-Hamas conflict will not significantly affect its business and financial performance. As a result, the company's shares are trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:55 pm

NFLX

Netflix co-CEO Greg Peters has replaced ad sales chief Jeremi Gorman with Amy Reinhard, a longtime Netflix executive, in an effort to accelerate the company's ad business growth. As of June, Netflix's ad sales and ad-supported subscriber numbers were roughly half of what was initially projected for 2023.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:47 pm

FXI

LVMHF

LVMH's CFO has expressed satisfaction with the level of business the company is doing with Chinese clients. This statement was made during a recent interview with Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:31 pm

ADBE

Adobe (NASDAQ:ADBE) has unveiled a series of AI innovations at Adobe MAX 2023, the world's largest creativity conference. The company introduced three new models in its Firefly family of creative generative AI models, over 100 new features across Adobe Creative Cloud applications, and Adobe GenStudio, a solution to accelerate enterprise content supply chains. Adobe also announced the general availability of Photoshop on the web and new AI-powered editing capabilities in Lightroom.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:03 pm

WLY

John Wiley & Sons Inc Class A (NYSE:WLY) shares are trading lower by 10.6% following the announcement of CEO Brian Napack's departure and the appointment of Matthew Kissner as Interim CEO. This change is part of a value creation plan introduced in June, focusing on strengthening core businesses, divesting non-core assets, and streamlining operations. Fiscal 2024 is considered a transition year, with benefits expected in fiscal years 2025 and 2026.

Portfolio Pulse from Henry Khederian

October 10, 2023 | 2:59 pm

JW.A

John Wiley & Sons announced a CEO transition, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 2:59 pm

ACRHF

CBSTF

Workers at a New Jersey cannabis cultivation site of the Cannabist Company (OTCQX:CBSTF), previously Columbia Care, have voted to join United Food and Commercial Workers Local 152. The union will represent the workers and help them seek wage increases and improvements to their working environment. This follows a similar successful unionization at Acreage Holdings’ The Botanist (OTCQX:ACRHF) dispensaries earlier this year.

Portfolio Pulse from Nina Zdinjak

October 10, 2023 | 2:56 pm

TEVA

Teva Pharmaceutical Industries Ltd. has announced that it does not foresee any significant impact on its business or financial performance as a result of the ongoing conflict in Gaza.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 2:52 pm

EADSY

Airbus SE delivered 55 airplanes to 34 customers in August, with gross orders totaling 23. Year-to-date deliveries totaled 488 airplanes to 78 customers. The largest orders were from India-based airlines Indigo and Air India. Airbus has also undergone a significant leadership reshuffle, appointing Christian Scherer as the CEO of the Commercial Aircraft business. EADSY shares closed 0.7% lower at $32.67 on Monday.

Portfolio Pulse from Nabaparna Bhattacharya

October 10, 2023 | 2:04 pm