Streetbeat News

Corporate Responsibility

SOFI

Sofi's CFO announced that the company is no longer in a critical 'build' phase, indicating a shift towards growth and stability.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 6:31 pm

LMT

Lockheed Martin has issued a statement on the status of the F-35 TR-3, providing updates on the progress and performance of the aircraft. The company remains committed to delivering the advanced capabilities of the F-35 TR-3 to its customers.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 5:38 pm

FDX

FedEx Corp is closely monitoring the situation on the Philadelphia I-95 highway collapse and making adjustments accordingly. The impact on their operations has been minimal to-date.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:33 pm

SPY

UPS

UPS is assessing the impact of the Philadelphia I-95 highway collapse and making contingency plans to avoid the area.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 4:08 pm

VZ

Verizon is reportedly working with recruiters to search for a 'CFO Plus' candidate who could potentially become the company's next CEO. The company aims to improve business performance and deepen its successor options.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 3:44 pm

HSBC

HSBC has launched a new HSBC Innovation Banking unit at the London Tech Week, which includes the acquired Silicon Valley Bank UK arm and newly formed innovation teams in the U.S., Israel, and Hong Kong. The unit aims to offer globally-connected, specialized banking services for innovative businesses and their investors.

Portfolio Pulse from Lekha Gupta

June 12, 2023 | 3:26 pm

FULT

Fulton Financial Corporation (NASDAQ:FULT) has appointed Karthik Sridharan as Senior Executive Vice President, Chief Operations and Technology Officer. Sridharan will lead a team focused on leveraging technology to enhance the digital customer experience at Fulton Bank.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 2:17 pm

F

Ford has opened its Cologne Electric Vehicle Center in Germany, part of its $2 billion investment to transform the facility into an EV manufacturing center. The plant will produce Ford's all-electric Explorer and has a capacity of 250,000 electric vehicles per year. Ford aims to be carbon neutral across its European facilities by 2035.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 2:09 pm

JPM

JPMorgan is prepared to pay $290 million in a settlement related to its dealings with Jeffrey Epstein. The settlement will be distributed among Epstein's victims.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:49 pm

LEXX

Lexaria Bioscience has appointed Mike Shankman as its new CFO, succeeding Greg Downey with immediate effect.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:24 pm