Streetbeat News

Corporate Responsibility

NKE

Nike announced that CFO Matthew Friend will expand his responsibilities to include procurement, global places & services, and demand & supply management. COO Andy Campion will take on a new leadership role as Managing Director of Strategic Business Ventures.

Portfolio Pulse from Charles Gross

May 24, 2023 | 9:14 pm

EDSA

Edesa Biotech announced that CEO Kathi Niffenegger will retire from her position and responsibilities effective July 15.

Portfolio Pulse from Charles Gross

May 24, 2023 | 8:50 pm

TCRX

TScan Therapeutics has appointed Gavin MacBeath as its CEO and member of the board. MacBeath, who has been serving as acting CEO since March 2023, will no longer serve as Chief Scientific and Operating Officer effective May 24, 2023.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:36 pm

NXPI

NXP Semiconductors has appointed Julie Southern as its new Chair, effective immediately, following the retirement of founding Chairman Peter Bonfield. At the AGM, shareholders elected all nominated directors, including Moshe Gavrielov as a non-executive director.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:17 pm

MSFT

Microsoft has paused salary raises and reduced bonuses to invest in the AI wave, according to an internal message from a company executive. The move aims to allocate resources towards AI development and maintain a competitive edge.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 6:05 pm

FLO

Flowers Foods (NYSE:FLO) is voluntarily recalling certain Tastykake Chocolate Kandy Kakes due to undeclared peanuts, posing a risk to those with allergies. The affected products were distributed in Pennsylvania, Delaware, Maryland, New Jersey, Virginia, and West Virginia with an 'Enjoy By' date of June 5, 2023.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 5:51 pm

DKNG

DraftKings CEO Jason Robins revealed that the company began focusing heavily on cost-cutting measures 15-16 months ago, resulting in savings of hundreds of millions of dollars.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 3:37 pm

TMUS

T-Mobile CEO appeared on CNBC to discuss the future of the telecom sector, highlighting the company's growth and potential opportunities.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 3:23 pm

HSBC

HSBC CFO Georges Elhedery revealed in a Reuters interview that the bank is considering exiting up to 12 countries, or 20% of the markets it operates in, to focus on Asian expansion.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 2:43 pm

TM

Toyota Motor Corp (NYSE:TM) and Savion have signed a power purchase agreement for Toyota to offtake 100-megawatts (MW) of electricity generated by Savion's Martin County Solar Project. The project will convert the former Martiki Coal Mine into a solar photovoltaic energy facility, with construction starting in mid-2023 and commercial operation expected in 2024.

Portfolio Pulse from Shivani Kumaresan

May 24, 2023 | 2:22 pm