Streetbeat News

Corporate Responsibility

ANGI

Angi Inc (NASDAQ:ANGI) shares rose on Wednesday following executive leadership changes. Key appointments include Bailey Carson as COO, Glenn Orchard as Chief Growth Officer, and Julie Gosal Hoarau as Chief Accounting Officer. The company is set to report earnings in early November.

Portfolio Pulse from Adam Eckert

October 16, 2024 | 1:10 pm

NNE

NANO Nuclear Energy has appointed John Vonglis, former CFO of the U.S. Department of Energy, as its new CEO. This leadership change could influence the company's strategic direction and operations.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:01 pm

AMZN

Amazon has signed agreements for innovative nuclear energy projects, specifically small modular reactors, to address its growing energy demands and move towards net carbon zero. This initiative is part of Amazon's sustainability efforts.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:43 pm

RENB

Renovaro has appointed David Weinstein as its new CEO and board member. Weinstein brings over $300 million in investment experience in the biotech and healthcare sectors.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:41 pm

PFE

A power struggle has emerged between Pfizer and activist investor Starboard Value, with Guggenheim Partners caught in the middle. Starboard, holding a $1 billion stake, criticizes Pfizer's acquisitions and capital allocation, leading to a 50% stock drop from its peak. Former Pfizer executives reversed their support for Starboard, backing current CEO Albert Bourla. Guggenheim, a long-time advisor to Pfizer, is entangled in the dispute, while Pfizer turns to PJT Partners for defense.

Portfolio Pulse from Vandana Singh

October 16, 2024 | 12:19 pm

MS

Morgan Stanley's CEO emphasized the company's focus on driving durable growth and achieving long-term returns for shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:33 am

AMBP

AMP-Europe has signed a virtual power purchase agreement (vPPA) with BNZ in Portugal, set to begin in 2026 for 12 years. This agreement will secure 146 GWh per annum of renewable electricity certificates, offsetting about 50% of AMP-Europe's energy consumption in Europe.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 11:05 am

EBAY

EBIZ

ONLN

eBay Inc. (NASDAQ:EBAY) is expanding its Circular Fashion Fund to the US and Germany, supporting fashion start-ups with circular solutions. The fund will invest $1.2 million globally by 2025, offering mentoring and networking. eBay's initiative aligns with its commitment to the circular economy.

Portfolio Pulse from Lekha Gupta

October 16, 2024 | 9:48 am

JMIA

Jumia Technologies has announced the closure of its operations in South Africa and Tunisia, where it operated under the brand name Zando. This decision is part of the company's strategic focus on core markets.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 9:01 am

PMTS

CPI Card Group Inc. (NASDAQ:PMTS) has introduced eco-friendly contactless payment cards using Infineon's SECORA Pay Green technology. The new cards feature an integrated chip and antenna, reducing the carbon footprint and offering more design options. CPI is ready to work with issuers on pilot programs.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:04 am