Streetbeat News

Corporate Responsibility

BRK-A

BRK-B

Warren Buffett has donated approximately $4.63 billion in Berkshire Hathaway stock to various foundations, with nearly $3.54 billion going to the Bill & Melinda Gates Foundation Trust. Buffett converted 9,129 Class A shares into 13,693,500 Class B shares for the donations.

Portfolio Pulse from Bhavik Nair

June 22, 2023 | 5:52 am

VWAGY

Volkswagen CEO Thomas Schäfer admits that replacing physical controls with haptic inputs in their vehicles was a mistake, following customer feedback. The company is now working to rectify the issue and will showcase a new approach in the upcoming Volkswagen ID.2.

Portfolio Pulse from Benzinga Newsbot

June 22, 2023 | 5:14 am

FTI

TechnipFMC's deep-sea vessel Deep Energy has joined the search and rescue operation for the missing Titanic tourist submarine with five people onboard. The U.S. Coast Guard and Navy are working around the clock to locate the submarine.

Portfolio Pulse from Benzinga Newsbot

June 22, 2023 | 3:36 am

NRG

Elliott Investment Management is seeking to replace NRG Energy CEO Mauricio Gutierrez and is in talks with potential candidates to replace him and other executives, according to Wall Street Journal sources.

Portfolio Pulse from Charles Gross

June 21, 2023 | 11:38 pm

TFX

Teleflex has reported a global recall of affected batches of Rüsch endotracheal tubes due to connector issues, resulting in 189 complaints, 11 injuries, and 4 patient deaths. The issue is caused by cross-contamination of the 15mm connector with trace amounts of silicone oil.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 9:17 pm

RTC

Baijiayun Group Ltd (NASDAQ:RTC) announces a 12-month lock-up commitment by CEO Mr. Gangjiang Li and President Mr. Yi Ma, who own 32.73% and 10.08% of the company's shares, respectively. They will not sell or transfer any ordinary shares or similar securities during this period.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 8:24 pm

IART

Integra LifeSciences has appointed Lea Daniels Knight as Executive Vice President and CFO, effective June 28. This change in leadership may impact the company's financial strategies.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:16 pm

SPCE

Virgin Galactic announced the unexpected passing of its Board of Directors Chair, Evan Lovell, on June 20, 2023, due to an illness. Raymond Mabus, Jr. will serve as Interim Chair.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:11 pm

HEAR

Turtle Beach has appointed Cris Keirn as interim CEO, effective July 1, 2023. Keirn will succeed Juergen Stark, who has served as CEO since 2012. The company is engaged in a comprehensive search for a permanent CEO.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:06 pm

ATVI

Activision Blizzard shareholders approved all board nominees and voted in favor of company recommendations on all proposals. One proposal was withdrawn after the company released its inaugural Transparency Report, highlighting efforts to promote a diverse and inclusive workplace.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:02 pm