Streetbeat News

Corporate Responsibility

BUD

Anheuser-Busch (NYSE:BUD) is investing $14 million in its Houston brewery, part of a $2 billion investment over the past 5 years to boost economic growth and job creation in local communities.

Portfolio Pulse from

November 20, 2024 | 4:45 pm

CMCSA

Comcast is spinning off its cable channels into a separate company to pursue new growth opportunities, as the cable television business has been stagnant.

Portfolio Pulse from

November 20, 2024 | 4:30 pm

ACXP

MSTR

Acurx Pharmaceuticals has decided to invest up to $1 million in Bitcoin as a treasury reserve asset, following a strategy similar to that of MicroStrategy.

Portfolio Pulse from

November 20, 2024 | 4:00 pm

SWK

Stanley Black & Decker (SWK) is benefiting from its cost-reduction program, divestiture of non-core assets, and shareholder-friendly policies. However, there are concerns about the softness in its Tools & Outdoor unit.

Portfolio Pulse from

November 20, 2024 | 4:00 pm

UAVS

AgEagle Aerial Systems Inc. has appointed Brent Klavon, a retired U.S. Navy pilot and seasoned aviation executive, to its board of directors. This move is expected to strengthen the company's leadership with Klavon's 30 years of experience in aviation.

Portfolio Pulse from

November 20, 2024 | 3:45 pm

CMCSA

Comcast plans to spin off its NBCUniversal cable TV networks, including MSNBC, CNBC, and E!, due to challenges from cord cutting and streaming.

Portfolio Pulse from

November 20, 2024 | 3:30 pm

BAC

Bank of America has appointed Ed Siaje as the president of Bank of America Detroit. He will oversee efforts to grow market share and drive integration across the bank's eight lines of business.

Portfolio Pulse from

November 20, 2024 | 3:15 pm

VOW

Volkswagen Group is facing significant opposition from workers as it plans to close three plants in Germany to save costs. Workers have proposed foregoing bonuses to prevent the closures, which unions claim could lead to a 'historic battle'.

Portfolio Pulse from

November 20, 2024 | 3:00 pm

EC

Ecopetrol has released its fourth report on climate change management, adhering to the TCFD recommendations, covering developments from 2023 and the first half of 2024.

Portfolio Pulse from

November 20, 2024 | 3:00 pm

HOOD

Robinhood (HOOD) has announced its acquisition of TradePMR, aligning with its strategy to become a comprehensive financial services provider.

Portfolio Pulse from

November 20, 2024 | 2:30 pm