Streetbeat News

Corporate Responsibility

TTMI

TTM Technologies, Inc. (NASDAQ:TTMI) announced the retirement of CFO Todd B. Schull, effective September 11, 2023. Schull will serve as a special advisor to the CEO from September to December 2023. Daniel L. Boehle, former CFO of Aerojet Rocketdyne Holdings, Inc., will succeed Schull as CFO, joining the company on August 21, 2023.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:12 am

XPEV

XPeng Inc. has announced that Xinzhou Wu has resigned from his position as Vice President of Autonomous Driving. Liyun Li will be assuming the role.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:09 am

FTFT

Future Fintech Group Inc. (NASDAQ: FTFT) has appointed Peng Lei as its new Chief Operating Officer (COO). Mr. Lei, who has over 20 years of experience in fields such as supply chain finance, banking, investment management, and corporate restructuring, will be responsible for managing the company's operations and promoting its strategic transformation. He replaces Yang Liu as COO, though Mr. Liu will continue to hold positions within the company's subsidiaries.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:07 am

KALA

Kala Pharmaceuticals, Inc. (NASDAQ:KALA) has announced that it will change its name to KALA BIO, Inc. effective August 2, 2023. The name change reflects the company's focus on advancing biologics for the treatment of ophthalmic conditions. The company's common stock will continue to be listed on The Nasdaq Capital Market under the ticker symbol 'KALA'.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:06 am

ATI

ATI has expressed confidence in its ability to deliver for 2023 and beyond, stating that it is executing on its long-term strategy.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:02 am

BAH

Booz Allen Hamilton Holding Corporation (BAH) has priced a $650 million debt offering through its subsidiary, Booz Allen Hamilton Inc. The 5.950% Senior Notes are due in 2033 and the offering is expected to close on August 4, 2023. The company plans to use the proceeds to repay outstanding revolving borrowings and for general corporate purposes.

Portfolio Pulse from Shivani Kumaresan

August 04, 2023 | 10:48 am

VEON

VEON has signed a Memorandum of Understanding with Rakuten Symphony to cooperate in Open RAN and digital services. The collaboration aims to rebuild Ukraine's infrastructure.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:40 am

AMZN

DASH

UBER

Uber Technologies Inc. plans to develop an AI-powered chatbot to enhance customer service and automate tasks, following the trend set by rivals DoorDash, Inc and Instacart Inc. Uber's CEO, Dara Khosrowshahi, confirmed the plans and highlighted the company's long-standing use of AI and machine learning algorithms. This move aligns with recent developments seen in its delivery competitors, with DoorDash working on a system called DashAI and Instacart launching a feature powered by OpenAI’s API.

Portfolio Pulse from Ananya Gairola

August 04, 2023 | 10:39 am

PRST

Presto Automation has appointed Xavier Casanova as its new CEO.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:39 am

TSLA

San Francisco Mayor London Breed has emphasized that city regulations must be followed by all, including tech companies, in response to Elon Musk's unauthorized installation of a new logo for 'X' (formerly Twitter) at its headquarters. Despite the logo's removal, 'X' is still required to pay fees for the unauthorized setup and removal of the structure, as well as for the investigation expenses.

Portfolio Pulse from Benzinga Neuro

August 04, 2023 | 10:38 am