Streetbeat News

Corporate Responsibility

NUE

Nucor Corporation announced a reorganization of its Plate Mill Group, which will result in ceasing production at Nucor Steel Longview, LLC. The move aims to optimize the company's plate mill operations.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 1:16 pm

TSLA

Tesla's approval rating slipped to a net negative score of 1.4% and dropped 50 spots to 62nd position in the Axios Harris Poll 100 list of top US companies by reputation. The EV maker scored the least on character, citizenship, and trust, while performing well on products & services and vision.

Portfolio Pulse from Shanthi Rexaline

May 24, 2023 | 12:56 pm

DEO

IBM

SAP

Diageo announces a five-year business transformation program in partnership with SAP and IBM, marking the company's most significant investment in technology and services to improve processes across 180 countries.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 12:16 pm

TM

Toyota Motor North America has signed a virtual power purchase agreement with Savion to offtake 100 MW of electricity generated by the Martin County Solar Project. The project is converting a former coal mine in Kentucky into a solar photovoltaic energy facility, with construction starting in mid-2023 and commercial operation expected in 2024.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 12:06 pm

DOMH

Dominari Holdings Inc. (NASDAQ:DOMH) has appointed Kyle Wool as CEO of Dominari Securities LLC, its wholly-owned broker dealer and registered investment advisor. Wool previously spearheaded the acquisition of several divisions of Fieldpoint Private for Dominari Inc. in March.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 12:04 pm

RMCF

Rocky Mountain Chocolate Factory (RMCF) plans to eliminate 25-35 underperforming stores as part of its strategy to right-size its brick-and-mortar footprint.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:37 am

RMCF

Rocky Mountain Chocolate Factory (RMCF) announces a strategic transformation plan aimed at improving its business operations and financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:36 am

TGT

Target Corp (NYSE:TGT) has removed some products from its Pride Collection due to customer backlash and threats, impacting employee safety. The products will be removed from all US stores and Target's website.

Portfolio Pulse from Shivani Kumaresan

May 24, 2023 | 11:13 am

DIS

SHEL

Verra's CEO David Antonioli has resigned following allegations that the organization approved millions of worthless carbon offsets used by major companies like Disney, Shell, and Gucci. The offsets were found to be largely worthless and could potentially worsen global warming. This has prompted calls for reform in the unregulated system.

Portfolio Pulse from Aveek Bhowmik

May 24, 2023 | 11:02 am

AVY

Avery Dennison Corporation (AVY) announced that CEO Mitch Butier will retire on September 1, 2023, and will be succeeded by current president and COO Deon Stander. Butier will remain as executive chairman of the board.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 10:47 am