Streetbeat News

Corporate Responsibility

DIS

Disney CEO, Iger, has stated that the company is not only focusing on reducing the number of titles it releases, but also the cost per title.

Portfolio Pulse from Charles Gross

August 09, 2023 | 8:42 pm

DIS

Disney CEO Bob Iger expressed his confidence in the company's long-term trajectory, attributing it to the work done, the team in place, and Disney's core foundation of creative excellence and popular brands and franchises.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 8:10 pm

NKLA

Nikola Corporation's shares are experiencing volatility following the announcement of a CEO transition and the release of Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 7:33 pm

MEG

T

VZ

Montrose Environmental Group's CEO discussed the issue of lead cables on CNBC, highlighting the problems it poses for AT&T and Verizon. The CEO did not provide specific solutions but emphasized the need for addressing this issue.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 5:26 pm

DIS

CNBC shares insights from self-made millionaires and advisors from the Oracles, discussing common mistakes that hinder individuals from achieving success. The advice includes showing up consistently, working hard, maintaining a positive attitude, smiling, focusing on one passion, and accepting that not everything is within one's control. The Walt Disney Company (NYSE:DIS) is mentioned in the context of one of the advisors, Michael Ovitz, who is a former president of the company.

Portfolio Pulse from Bibhu Pattnaik

August 09, 2023 | 5:16 pm

PYPL

PayPal Holdings Inc. (NASDAQ:PYPL) announced the departure of Chief Strategy, Growth And Data Officer Jonathan Auerbach. This comes at a time when PayPal is making significant strides in the financial technology sector, including the recent unveiling of its USD-backed stablecoin (CRYPTO: PYUSD). Auerbach's departure raises questions about the future direction of PayPal's strategic initiatives.

Portfolio Pulse from Jose Rodrigo Safdiye

August 09, 2023 | 4:54 pm

TSM

The president of TSMC Arizona has defended the company's decision to fly in Taiwanese workers for its new plant in the state. The move has been criticized as it could potentially take away jobs from local residents.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 2:51 pm

AMZN

Amazon has lost two key executives from its drone delivery unit, Prime Air, amid ongoing struggles with the service. The departures of Jim Mullin, Prime Air's chief pilot, and Robert Dreer, responsible for all of Prime Air's test operations, come as the service has struggled to expand beyond tests in two small U.S. markets. The drone unit has been hampered by regulatory restrictions, a string of crashes, and a failure to meet delivery targets. The departures could impact Amazon's ability to meet key regulatory requirements of the Federal Aviation Administration.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:23 pm

SBLK

Star Bulk Carriers' President, Hamish Norton, discussed the company's Q2 2023 financial results, business strategy, and outlook for the dry bulk market in a recent podcast. He highlighted fleet renewal, upgrades for fuel efficiency and emission compliance, carbon capture, and capital allocation. He also discussed the supply and demand side of the dry bulk outlook and shipowners investing in dry bulk shipping.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:20 pm

IPA

Immunoprecise Antibodies Ltd. (IPA) has responded to a Schedule 13D filing by investment manager Ingalls & Snyder, LLC, stating that it values input from shareholders and is committed to acting in the best interest of IPA. The company has begun interviewing potential candidates to refresh its board of directors. Additionally, IPA has adopted a majority voting policy, requiring any director who receives more 'withheld' votes than 'for' votes to tender their resignation.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:19 pm