Streetbeat News

Corporate Responsibility

MRCY

Mercury Systems' shares are trading lower after the company announced its decision to pursue a standalone strategy and search for a new CEO, following a review of strategic alternatives.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 12:09 pm

ACRDF

ACRHF

UFCW Local 152 members at Acreage Holdings' The Botanist dispensaries in New Jersey ratified a three-year bargaining agreement, marking the first of its kind for cannabis workers at the local union. The agreement includes raises, ratification bonuses, improved health benefits, and increased base salary for new hires.

Portfolio Pulse from Vuk Zdinjak

June 26, 2023 | 11:51 am

ADMP

Adamis Pharmaceuticals has received an undisclosed amount of grant funding from the National Institutes of Health (NIH) for the development of a treatment for alcohol use disorder.

Portfolio Pulse from Bill Haddad

June 26, 2023 | 11:37 am

SHC

Sotera Health has appointed Jon Lyons as its new Chief Financial Officer. Lyons brings extensive experience in finance and operations, which will be valuable for the company's growth.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 11:10 am

LTHM

A fire broke out at Livent's Bessemer City manufacturing facility on June 26, 2023. All onsite personnel were safely evacuated.

Portfolio Pulse from Charles Gross

June 26, 2023 | 10:44 am

AMTB

CCL

DISH

IBM

MRCY

Carnival Corporation is expected to report a quarterly loss, IBM is nearing a deal to acquire Apptio Inc., DISH Network's EVP and COO resigns, Mercury Systems names an interim President and CEO, and Amerant Bancorp files for a mixed shelf of up to $300 million.

Portfolio Pulse from Lisa Levin

June 26, 2023 | 8:11 am

ALGN

AMGN

NET

PG

PM

Following the recent political unrest in Russia, five US-listed companies continue to have exposure to the country: Philip Morris International (PM), Procter & Gamble (PG), Align Technology (ALGN), Amgen (AMGN), and Cloudflare (NET). Despite many multinational companies closing operations in Russia, these companies have chosen to maintain their presence.

Portfolio Pulse from Shanthi Rexaline

June 25, 2023 | 9:52 pm

TSLA

Elon Musk's biographer, Walter Isaacson, discussed the Tesla CEO's difficult childhood and its impact on his leadership style in a Twitter Spaces event. Isaacson described Musk's 'demon mode' as a result of his brutal past, making him a tough leader with a dark streak. Musk's upbringing also influenced his understanding of risk, with Isaacson noting that he is almost addicted to it.

Portfolio Pulse from Shanthi Rexaline

June 24, 2023 | 2:19 pm

F

FFIE

FSR

NKLA

RIDE

RIVN

TSLA

EV stocks moved down in the week ending on June 23, with Tesla Cybertruck sightings increasing and Rivian partnering with Tesla for charging. Nikola faced a fire incident, Ford received $9.2B DOE funding, and Fisker began US deliveries. Lordstown founder sold his entire stake, and Faraday Future delayed deliveries.

Portfolio Pulse from Shanthi Rexaline

June 24, 2023 | 2:13 pm

META

TSLA

Tesla CEO Elon Musk and Meta Platforms CEO Mark Zuckerberg were not present at a meeting between President Joe Biden, India Prime Minister Narendra Modi, and several tech CEOs in Washington. Musk has previously been excluded from Biden administration meetings and has criticized the president.

Portfolio Pulse from Anan Ashraf

June 24, 2023 | 4:02 am