Streetbeat News

Corporate Responsibility

WBD

Warner Bros. Discovery has repaid $750M of borrowings under its multicurrency revolving credit agreement and $800M of borrowings outstanding under its term loan prior to the due date of April 2025. The company also commenced a cash tender offer to purchase its outstanding Floating Rate Notes due 2024.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 9:32 pm

NVDA

NVIDIA announced its 2023 Annual Meeting of Stockholders will be held online on June 22 at 11 a.m. PT. Stockholders can vote and submit questions during the meeting, while non-stockholders can attend as guests.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 9:05 pm

OWPC

One World Products (OTC:OWPC), a fully-licensed hemp and cannabis producer in Colombia, has appointed Joerg Sommer as its new president. Sommer is an automotive industry veteran with over 20 years of experience, particularly in the electric vehicle space. He has held various roles at disruptive California-based startups and global automotive OEMs.

Portfolio Pulse from Javier Hasse

June 08, 2023 | 8:24 pm

GTBIF

The 40 Tons Level Up Career Conference & Business Expo, presented by Good Green, will take place in Chicago on June 19th. The event, focused on restorative justice, employment equity, and multicultural inclusivity, is organized by 40 Tons and sponsored by cannabis brand Good Green. Green Thumb Industries (OTC:GTBIF) is also involved in the event, supporting diverse candidates in their career progression.

Portfolio Pulse from Javier Hasse

June 08, 2023 | 8:08 pm

NEM

Newmont Corporation (NEM) has announced its commitment to adhere to legal procedures and respect the rights of all its employees, inviting the union to engage in constructive dialogue.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 7:37 pm

NEM

Newmont Corporation has urged the union at its Peñasquito mine in Mexico to abide by the labor agreement, following the suspension of operations at the mine. Activities related to safety, security, and environmental monitoring and protection continue.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 7:34 pm

META

Meta CEO Mark Zuckerberg announced plans to integrate generative AI text, image, and video generators into its flagship products, such as Facebook and Instagram. The move is an expansion of Meta's metaverse efforts and aims to bring AI agents with different personalities and capabilities to help or entertain users.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 7:15 pm

TLRY

Tilray Brands' CFO, Carl Merton, engaged with shareholders on Reddit to address concerns about the company's growth strategy and the cannabis market's volatility. Merton emphasized Tilray's commitment to strengthening its balance sheet and cash position, as well as unlocking value through a diverse portfolio and operational optimization.

Portfolio Pulse from Joana Scopel

June 08, 2023 | 7:02 pm

RKT

Justin Thomas, a 15-time PGA Tour winner, will participate in the Rocket Mortgage Classic at the Detroit Golf Club for the first time this summer. The event is sponsored by Rocket Companies Inc (NYSE:RKT), which launched the “Changing The Course” initiative in 2020 to increase internet and computer access in underserved Detroit communities.

Portfolio Pulse from Aaron Bry

June 08, 2023 | 6:55 pm

HD

Home Depot is shipping supplies such as air filters, box fans, air scrubbers, and respirator masks to meet increased customer demand in areas impacted by poor air quality.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 6:05 pm