Streetbeat News

Corporate Responsibility

EWW

NEM

Newmont Corporation has declared force majeure on deliveries of some metal products from its Peñasquito mine in Mexico due to unforeseen circumstances.

Portfolio Pulse from Charles Gross

June 23, 2023 | 9:11 am

BRK.A

BRK.B

Bill Gates praised Warren Buffett's generosity after the Berkshire Hathaway CEO donated $3.5 billion to the Bill & Melinda Gates Foundation. The donation is part of Buffett's $4.63 billion stock donation to various foundations.

Portfolio Pulse from Shivdeep Dhaliwal

June 23, 2023 | 12:54 am

GOOG

META

Meta Platforms Inc. (NASDAQ:META) announced it will cease news sharing on Facebook and Instagram in Canada prior to the Online News Act (Bill C-18) taking effect. The bill, which requires tech giants like Meta and Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google to negotiate compensation deals with news organizations, has been a point of contention.

Portfolio Pulse from Benzinga Newsbot

June 22, 2023 | 11:13 pm

LRCX

Lam Research has announced the formation of a new business unit, Semiverse Solutions, which will be led by Corporate Vice President David Fried.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 10:07 pm

UP

Wheels Up Experience has commented on speculation following public reports that it has retained new strategic advisors. The company has not provided further details.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:49 pm

OUST

Ouster, a leading provider of high-resolution digital lidar sensors, anticipates completing its restructuring initiatives by the end of the fiscal year ending December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:27 pm

OUST

Ouster, a leading provider of high-resolution digital lidar sensors, announced restructuring initiatives that are expected to result in aggregate charges ranging from $7.5 million to $9.0 million.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:26 pm

OUST

Ouster announces a series of cost-cutting measures, including job cuts, to improve its financial position.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:25 pm

RGCO

RGC Resources Inc's VP, CFO, and Treasurer, Jason Field, has voluntarily resigned, effective August 4, 2023. The company has initiated a search process for a new CFO and Treasurer.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:14 pm

GNW

Genworth Financial has stated that they do not believe a recent incident will have a material adverse effect on their business, operations, or financial results.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:07 pm