Streetbeat News

Corporate Responsibility

TOYO

TOYO has appointed Liang 'Simon' Shi as President to lead its strategic growth in the renewable energy sector, overseeing operations in the U.S., Vietnam, and other key regions.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 12:04 pm

NEOG

Neogen's COO, Douglas E. Jones, plans to retire in early 2025. The operations organization will transition to report to CFO David H. Naemura. Jones will continue to lead the commercial organization until a new Chief Commercial Officer is appointed.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 11:27 am

TPST

Tempest Therapeutics has extended its Limited Duration Stockholder Rights Plan until the next annual stockholders' meeting. This move is likely aimed at protecting the company from potential takeovers.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 11:06 am

AMZN

SPOT

Spotify Technology SA is maintaining its work-from-anywhere policy, diverging from companies like Amazon that are enforcing return-to-office mandates. This approach has reduced employee attrition and increased diversity at Spotify.

Portfolio Pulse from Benzinga Neuro

October 10, 2024 | 10:01 am

TSLA

UBER

Uber is accelerating its electrification efforts by introducing new features, including an AI assistant for EV-related queries, as it aims to become a zero-emission platform by 2040. This move comes ahead of Tesla's robotaxi unveiling.

Portfolio Pulse from Anan Ashraf

October 10, 2024 | 6:00 am

PFE

Former Pfizer executives Ian Read and Frank D'Amelio have publicly supported current CEO Albert Bourla amidst an activist campaign by Starboard Value, which has acquired a $1 billion stake in Pfizer. The former executives believe the current management will deliver shareholder value.

Portfolio Pulse from Benzinga Neuro

October 10, 2024 | 3:06 am

CI

CVS

UNH

Bernie Sanders and Alexandria Ocasio-Cortez defend FTC Chair Lina Khan against calls for her removal, emphasizing her role in fighting corporate greed and monopolies. Mark Cuban criticizes Khan's approach, fearing it may hinder AI development. The FTC, under Khan, has filed complaints against major pharmacy benefit managers like CVS, Cigna, and UnitedHealth for anti-competitive practices.

Portfolio Pulse from Shivdeep Dhaliwal

October 10, 2024 | 2:26 am

BP

CVX

MRO

SHEL

XOM

The article discusses the rapid intensification of Hurricanes Milton and Helene, highlighting the role of climate change and warm ocean waters. It mentions ExxonMobil and other oil companies, linking their activities to greenhouse gas emissions. The article also notes operational disruptions for Chevron and other oil companies in the Gulf due to the hurricanes.

Portfolio Pulse from Anthony Noto

October 09, 2024 | 10:47 pm

FIBK

First Interstate BancSystem has appointed James Reuter as the new President and CEO, effective November 1, 2024. He will replace Kevin Riley, who announced his retirement earlier this year.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 9:11 pm

MPTI

M-tron Industries has appointed Cameron Pforr as its new Chief Financial Officer, effective October 3, 2024. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:46 pm