Streetbeat News

Corporate Responsibility

X

U.S. Steel Corp has communicated to its employees about the ongoing strategic alternatives review process, which was announced on August 13. The company emphasized that any potential buyer would need to recognize the United Steelworkers (USW) as the representative of the company's employees.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 1:33 pm

RVSB

Riverview Bancorp, Inc. (RVSB) has announced a series of executive management promotions as part of its leadership succession planning process. Daniel Cox has been promoted to Chief Operating Officer, Robert Benke to Executive Vice President and Chief Credit Officer, and Michael Sventek has joined as Executive Vice President and Chief Lending Officer. These changes are effective immediately.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 1:09 pm

COTY

Coty has successfully implemented pricing through fiscal 2023, with no elasticity impact observed among retailers and consumers, according to a company executive during a conference call.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 12:36 pm

M

Macy's executive has stated that the company is working closely with its bank partner to mitigate the impact of rising bad debts by adjusting underwriting strategies.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 12:34 pm

M

Macy's Inc executive stated that the company is unable to predict when macroeconomic pressures will ease due to the ongoing shift to services and experiences. The company is actively responding to changing consumer preferences in real time.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 12:12 pm

CNC

Fidelis Care and the philanthropic arm of Centene have announced a $1.1 million funding commitment to the Buffalo Urban League. The funds will be used to develop a wellness and entrepreneurial center.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:13 am

WBA

Walgreens Boots Alliance, Inc. (WBA) has partnered with Mental Health America to launch a back-to-school campaign and toolkit, focusing on social media and online communities. The initiative aims to provide resources for mental health and wellness.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 11:07 am

LE

Lands' End has partnered with materials science company Recover to transform textile waste into sustainable denim. This collaboration aims to reduce waste and promote sustainability in the fashion industry.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 7:17 am

MCLD

mCloud Technologies has approved a new corporate structure to maximize value from the exploration of strategic alternatives. The company is considering various options to enhance shareholder value.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 5:09 am

PYPL

Reid Hoffman, former COO of PayPal Inc (NASDAQ:PYPL), criticized Elon Musk's handling of the merger that led to the creation of PayPal. Musk's internet banking firm, X.com, merged with Confinity, a security software company co-founded by Peter Thiel, in 2000. Hoffman accused Musk of pushing for the merger by highlighting the talents of X.com’s leading executive, only to later force out that executive and assume the top position himself.

Portfolio Pulse from Benzinga Neuro

August 22, 2023 | 1:26 am