Streetbeat News

Corporate Responsibility

BLK

SPY

BlackRock's CEO Larry Fink stated he is not considering retirement and criticized both political parties for the U.S. deficit. He emphasized the role of private capital in aiding U.S. growth and viewed the growth of the private credit market as beneficial for the economy.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 4:34 pm

AMZN

A group of 133 U.S. House members have signed a letter supporting the Teamsters' demands for Amazon CEO Andy Jassy to address concerns over union-busting and worker misclassification practices. This highlights ongoing labor issues at Amazon.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 4:29 pm

VVI

Viad Corp (NYSE:VVI) is selling its GES business to Truelink Capital for $535 million, leading to a rebranding as Pursuit and a ticker change to PRSU. The sale will allow Viad to focus on its Pursuit attractions and hospitality segment, using proceeds to retire debt. VVI shares rose 17.2% following the announcement.

Portfolio Pulse from Lekha Gupta

October 21, 2024 | 3:35 pm

PGNY

SPY

The Biden-Harris Administration has proposed a rule to expand contraception coverage under the Affordable Care Act, allowing 52 million women to access over-the-counter contraception without cost sharing. This move aims to strengthen reproductive rights and access to contraception amidst ongoing political challenges.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 2:26 pm

SO

Southern Co's Georgia Power has been awarded $160 million by the U.S. Department of Energy to enhance the power grid in Georgia. This funding is aimed at improving the reliability and resilience of the power infrastructure.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 2:20 pm

FUL

H.B. Fuller has announced the appointment of Terry Rasmussen as the Chair of its Board of Directors, effective January 22, 2025. This leadership change is part of the company's strategic planning.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:21 pm

DAKT

Daktronics has announced the formation of an Internal Business Transformation Office to review its strategy and operations. The company is also searching for a new CFO, with Sheila Anderson continuing in the role until a successor is found. Daktronics expects its Q2 2025 revenue to be in line with estimates.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:08 pm

ILLR

Triller Group has appointed Kevin McGrurn as its new CEO. This leadership change could influence the company's strategic direction and operations.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:03 pm

LQR

David Lazar has expressed concerns that the NFT platform RareSips does not align with the vision of LQR House. He believes that the platform's operations consume resources that could be better utilized elsewhere.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:54 pm

LQR

LQR House, under the leadership of David Lazar, is implementing cost-cutting measures to improve financial performance. These measures are part of a strategic initiative to enhance operational efficiency and profitability.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:43 pm