Streetbeat News

Corporate Responsibility

CAG

ConAgra Brands' CEO has stated that the company has been preparing for a potential strike at U.S. East Coast ports by working closely with suppliers and their suppliers for months.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:51 pm

X

U.S. Steel has stated that it does not anticipate significant impacts from the U.S. port strike, according to a Reuters report.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:44 pm

LW

Lamb Weston is executing a restructuring plan expected to improve working capital and generate $55 million in savings from manufacturing, supply chain, and SG&A expenses. Most restructuring costs will be recorded in Q2.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 3:20 pm

HPH

Highest Performance shares are trading higher following the appointment of a new board chair.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:56 pm

FANH

Fanhua shares are experiencing an upward trend following the announcement of a new board chair.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:47 pm

CERO

CERo Therapeutics has appointed Al Kucharchuk as its new Chief Financial Officer. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:16 pm

MARA

Marathon Digital Holdings Inc (NASDAQ:MARA) reported a 5% increase in Bitcoin production for September, mining 705 BTC. The company also increased its hash rate by 5% and aims to reach 50 EH/s by year-end. Marathon remains committed to environmental transparency, submitting a disclosure to the Climate Disclosure Project.

Portfolio Pulse from Adam Eckert

October 02, 2024 | 1:04 pm

ALT5

ALYEA

ALT5 plans to separate into two independent publicly traded companies, focusing on fintech and biotech. The fintech segment will remain as ALT5, while the biotech segment will become Alyea Therapeutics Corporation, focusing on non-addictive pain management therapies.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:35 pm

III

Information Services Group (ISG) has sold its automation unit to UST for $27 million in an all-cash transaction. This move is expected to sharpen ISG's focus, strengthen its balance sheet, and enhance shareholder value.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:35 pm

GILD

Gilead Sciences has signed royalty-free licensing agreements with six generic manufacturers to produce and supply lenacapavir for HIV prevention and treatment in 120 low-income countries. Gilead will provide the drug at no profit until generics can meet demand.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:31 pm