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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

LNZA

GAIL (India) Limited and LanzaTech Global, Inc. (NASDAQ:LNZA) have entered a strategic partnership to explore technology solutions that advance GAIL's Net Zero 2040 goals. The partnership will explore setting up a pilot scale CO2 capture and conversion project, combining LanzaTech's carbon capture and utilization technology with GAIL's renewable H2 and CO2 gas streams. The project aims to convert CO2 into useful materials instead of emitting it to the atmosphere.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 12:03 pm

LUMN

T

VZ

AT&T, Verizon, and Lumen Technologies stocks are trading higher after AT&T announced that less than 10% of its nationwide copper-wire telecom network has lead-clad cables. This comes in response to a story last week indicating that several telecom giants have networks of underground cables covered in toxic lead. AT&T and Verizon have lost 14% and 10% of their stock value, respectively, since the report on July 9.

Portfolio Pulse from Anusuya Lahiri

July 19, 2023 | 11:31 am

LYB

LyondellBasell has acquired a 50% stake in Stiphout Industries B.V., a Dutch company involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility in the Netherlands with an annual processing capacity equivalent to the waste generated by over 500,000 Dutch citizens per year.

Portfolio Pulse from Charles Gross

July 19, 2023 | 11:28 am

PPRUF

PPRUY

Kering SA announced the departure of Gucci CEO Marco Bizzarri effective September 25. Jean-Francois Palus, the current managing director, will take over as CEO and president for a transitional period. Francesca Bellettini, current President and CEO of Yves Saint Laurent, has been appointed as Deputy CEO. The company also disclosed other top management changes.

Portfolio Pulse from Lekha Gupta

July 19, 2023 | 10:23 am