Streetbeat News

Corporate Responsibility

GM

General Motors Co has announced a ratification bonus of $5,500 for all employees. Most employees will receive a 10% wage increase, while current temporary employees will see a 20% increase to a $20/hr wage.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 3:41 pm

RGCO

RGC Resources Inc has appointed Timothy Mulvaney as interim Chief Financial Officer and Treasurer, effective September 6. The company continues to explore options for a permanent CFO and Treasurer, according to an SEC filing.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:58 pm

BA

Boeing's CFO has stated that there are no plans to change the delivery master schedule. This announcement was made during an investor conference.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 1:56 pm

BA

Boeing's CFO has commented on the AFT Pressure Bulkhead issue, stating that it is still early in the rework process.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 1:55 pm

BA

Boeing's CFO has reaffirmed the company's 2023 Free Cash Flow (FCF) goal, stating that recovery from recent quality issues will be 'lumpy not linear'. The AFT Pressure Bulkhead issue is expected to impact 75% of the 220 inventory 737s.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 1:37 pm

MSFT

Microsoft Corp (NASDAQ:MSFT) has admitted that a series of technical errors, including the hacking of one of its engineers, resulted in the Chinese government gaining access to the emails of high-ranking officials in the Biden administration. The cyber-espionage attack compromised the unclassified email systems of State Department officials. Approximately 25 organizations fell victim to this breach. Microsoft's disclosure comes after facing scrutiny for its security practices.

Portfolio Pulse from Anusuya Lahiri

September 07, 2023 | 1:36 pm

SVFD

Save Foods has announced the formation of Nitrousink Ltd, a majority-owned subsidiary, to tackle greenhouse gas emissions of Nitrous Oxide (N2O).

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 1:17 pm

RNW

ReNew Power has appointed Kailash Vaswani as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:54 pm

RPD

Rapid7 has partnered with the University of South Florida (USF) on a cyber training initiative, funded by a $1.5 million grant from the Office of Naval Research and the National Science Foundation. The initiative aims to develop new cybersecurity training methods and tools.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:45 pm

INGN

Inogen, Inc. (NASDAQ:INGN) has announced the appointment of Mike Sergesketter as Interim Chief Financial Officer, succeeding Kristin Caltrider who has stepped down for personal reasons. Sergesketter previously served as CFO of Kimball Electronics, Inc. and has over forty years of finance experience. Inogen has reaffirmed its 2023 financial guidance, expecting annual revenue of $315 million to $320 million and an Adjusted EBITDA loss of $20 million to $25 million.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:45 pm