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Corporate Responsibility

AZN

Shares of AstraZeneca Plc (NASDAQ:AZN) have fallen due to rumors about the potential departure of CEO Pascal Soriot. The speculations were triggered by a report in the Mail on Sunday newspaper, which suggested that Soriot may leave as early as next year. No official decisions or timelines have been announced. AstraZeneca has played a significant role in the global pharmaceutical industry, particularly in the development and distribution of COVID-19 vaccines.

Portfolio Pulse from Vandana Singh

September 11, 2023 | 2:35 pm

AZN

A report from 'This Is Money UK' suggests that AstraZeneca's CEO, Sir Pascal Soriot, is considering stepping down from his position. The news is being circulated among traders.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:25 pm

MIRM

Mirum Pharmaceuticals has announced the appointment of Eric Bjerkholt as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:11 pm

NVS

Novartis has issued a voluntary nationwide recall of one lot of Sandimmune Oral Solution, 100 mg/mL due to crystallization. The recall is expected to impact the company's revenues and reputation in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 2:02 pm

BRDS

Bird Global has announced the appointment of Joseph Prodan as its new CFO, effective from August 30. He will be succeeding Michael Washinushi.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 12:23 pm

ENLV

Enlivex Therapeutics plans to reduce its workforce by about 50% and increase its focus on inflammatory and autoimmune indications.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 12:10 pm

FPI

Farmland Partners has reported that despite substantial rain on their farms due to Hurricane Idalia and Tropical Storm Hilary, there was no significant damage that would impair productivity.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 11:24 am

TFC

Truist Financial Corp has announced a $750M gross cost save program, with significant reductions in force planned for 3Q23-1Q24. The company is also undergoing organizational alignment and simplification. The expense growth rate in 2024 is expected to be significantly lower year-on-year.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 11:20 am

BRCC

Black Rifle Coffee's parent company, BRC, has appointed Stephen Kadenacy as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 11:10 am

MDGL

Madrigal Pharmaceuticals has appointed Bill Sibold as its new CEO, replacing Paul Friedman who has served in the role since 2016. Friedman will continue to serve on the Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 11:05 am