Streetbeat News

Corporate Responsibility

DOUG

Douglas Elliman shares are trading higher following the announcement of role transitions for its CEO, chairman, and board of directors.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 5:58 pm

HSY

Hershey Company has prohibited the use of PFAS chemicals globally for over ten years, according to a company spokesperson.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 5:35 pm

LUV

Southwest Airlines is set to release its Q3 earnings report amid strategic changes and shareholder pressure. The company faces challenges with rising costs and competitive market conditions, while Elliott Investment Management pushes for leadership changes. Investors are keenly watching for signs of recovery and strategic progress.

Portfolio Pulse from Henry Khederian

October 23, 2024 | 4:36 pm

MCD

McDonald's is addressing an E. Coli outbreak linked to slivered onions in its Quarter Pounders. The company has temporarily removed the product from restaurants in 13 states and is collaborating with the CDC and suppliers to ensure food safety and restore supply.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 4:11 pm

BRK

META

Warren Buffett, CEO of Berkshire Hathaway, warns against fake endorsements using his name on social media, particularly on Meta Platforms' Instagram. He clarifies he does not endorse political candidates or investment opportunities. Berkshire Hathaway shares a statement urging vigilance against scams exploiting Buffett's reputation.

Portfolio Pulse from Erica Kollmann

October 23, 2024 | 3:26 pm

BA

Boeing's CEO has highlighted the need for realism regarding schedule issues as the company works to restore its supply chain. This acknowledgment may impact investor sentiment and stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 3:18 pm

BA

Boeing's CEO has stated that the company is focusing on improving quality over quantity in its operations. Additionally, Boeing's long-term financial forecasts are currently under review.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:57 pm

UPWK

Upwork Inc (NASDAQ:UPWK) shares surged after the company reported better-than-expected preliminary Q3 financial results and announced organizational changes, including a 21% workforce reduction to save costs.

Portfolio Pulse from Adam Eckert

October 23, 2024 | 1:51 pm

USAP

Hunterbrook Media has revealed a long history of product defects, financial issues, and a toxic workplace culture at Universal Stainless & Alloy Products (USAP), a key supplier for Boeing and the U.S. military.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:28 pm

BA

Boeing's CEO discussed on CNBC that the company has a backlog of approximately half a trillion dollars across its defense and commercial sectors. However, he acknowledged that Boeing faces several issues and needs to stabilize the company.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:15 pm