Streetbeat News

Corporate Responsibility

NNDM

SSYS

Nano Dimension Ltd. (NNDM) has accused Stratasys (SSYS) of distributing misleading news releases, deceiving shareholders and the public. Nano Dimension, which owns approximately 14.1% of Stratasys, has urged shareholders to vote against the current board of directors. The company has also made a special tender offer for Stratasys shares.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:05 pm

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Columbia Care, Inc.’s Cannabist retail location in Deptford, NJ., has voted to ratify its first labor contract with United Food and Commercial Workers (UFCW) union, Local 360. The contract covers dispensary associates and senior dispensary associates, and its guaranteed wage increases are retroactive to March. This is the first U.S. location of Columbia Care to unionize. Other cannabis companies like Acreage Holdings, Curaleaf, and Trulieve have also seen their employees vote to unionize.

Portfolio Pulse from Vuk Zdinjak

July 19, 2023 | 3:01 pm

MSFT

Microsoft has announced that it will make security logs available to customers with lower-cost cloud services. The company will also offer some cybersecurity tools for free following a suspected China hack, according to the Wall Street Journal.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 2:01 pm

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The article reports on recent leadership changes in the US cannabis industry. The Cannabis Regulators Association (CANNRA) has announced new leadership and expanded membership. Maryland Governor Wes Moore has made key appointments to two new cannabis-related agencies. Minnesota is preparing for marijuana legalization with the appointment of a new director for its regulatory agency. The Arkansas Medical Marijuana Commission has a new member. There have been board changes at Decibel Cannabis Company, High Tide Inc., Cresco Labs, Glass House Brands, and Craftport Cannabis Corp. Scotts Miracle-Gro Company has appointed a new board member. Unrivaled Brands, iAnthus Capital Holdings, PharmaCielo, and MedMen Enterprises have also made key appointments.

Portfolio Pulse from Jelena Martinovic

July 19, 2023 | 1:29 pm

TREE

LendingTree has announced Scott Peyree as the new Chief Operating Officer and President of Marketplace Businesses, succeeding J.D. Moriarty. Peyree joined LendingTree in 2018 through the acquisition of QuoteWizard and has since played a crucial role in the company's insurance vertical. In his new role, Peyree will oversee marketplace businesses, sales, marketing, and continue to manage the insurance vertical.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 1:09 pm

MMC

Mercer, a subsidiary of Marsh & McLennan Companies (MMC), has appointed Jeff Elliott as its Global Chief Operating Officer effective immediately.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 1:01 pm

FLGC

Tiffany Woodman, CEO and founder of Canna Bella Lux, addressed the issue of gender equity in the cannabis industry at the Benzinga Cannabis Capital Conference. She questioned why women in leadership roles are not given substantial financial stakes in the companies they lead. However, she also highlighted positive strides within the industry, citing the progress of Jessie Casner at Flora Growth Corp. (NASDAQ:FLGC).

Portfolio Pulse from Joana Scopel

July 19, 2023 | 12:59 pm

AMRN

Amarin Corporation has initiated an organizational restructuring program and issued lower interim Q2 revenues, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:48 pm

AQMS

Aqua Metals and Yulho have formed a strategic partnership to deploy sustainable lithium battery recycling in South Korea. The partnership aims to leverage Aqua Metals' AquaRefining technology to recycle lithium batteries in an environmentally friendly manner.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 12:16 pm

OMC

Credera, a global boutique consulting firm owned by Omnicom, has announced the launch of a Global AI Council and increased investment in AI. The council, comprised of leading professors, C-level executives, and legal scholars, aims to shape the future landscape of AI. The move is part of Credera's expansion of its AI solutions to accelerate transformations. Credera's AI consulting offerings and partnerships with Google, AWS, and Adobe enable Omnicom to help clients transform. Credera has seen success with clients like a global pharmaceutical company and a large national lender, who saw significant increases in ROI and profits/earnings ratio respectively.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 12:06 pm