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Corporate Responsibility

SGML

Sigma Lithium marked its first production year and announced plans to expand its industrial capacity to 125,000 t/y LCE by 2026. The company targets $420M EBITDA by 2025 and $700M by 2027, supported by capital investments and a partnership with BNDES. Sigma was recognized by Nasdaq for its climate leadership.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:21 pm

FLYX

flyExclusive, Inc. (NYSEAMERICAN: FLYX) has announced key leadership changes with Brad Garner as CFO, Matt Lesmeister expanding his role as COO, and Mike Guina as CCO. These appointments aim to strengthen the company's executive team.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:02 pm

C

Citigroup has issued a memo warning employees about misconduct by staff and contractors, emphasizing its zero tolerance for fraud and unethical behavior. The bank is considering strengthening controls over contract workers.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 7:26 pm

EBAY

MSFT

NKE

SBUX

Nike Inc (NYSE:NKE) has appointed Elliott Hill as the new CEO to address its recent struggles, including declining sales and market cap. Hill's return is seen as a strategic move to leverage his deep understanding of the company and its market. Nike aims to recover from its over-reliance on direct channels and reconnect with consumer demands.

Portfolio Pulse from Upwallstreet

September 27, 2024 | 5:35 pm

BNR

Burning Rock Biotech shares are experiencing a decline following the announcement of the resignation of its director and CFO.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:49 pm

MSFT

Bill Gates reflects on Microsoft's past antitrust case and suggests that antitrust threats are inevitable for successful tech companies. He remains positive about Microsoft's trajectory and his role as an advisor.

Portfolio Pulse from Chris Katje

September 27, 2024 | 2:23 pm

AMZN

EBS

Amazon plans to stock the opioid overdose reversal drug Narcan at its warehouses, as reported by the Wall Street Journal. This move is part of Amazon's efforts to address potential opioid overdoses among its workforce. Narcan is produced by Emergent BioSolutions.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:12 pm

QFIN

Qifu Technology, Inc. (NASDAQ:QFIN) has responded to a short seller report by Grizzly Research, refuting claims of financial inaccuracies and mismanagement. The company asserts that the report contains flawed analyses and misleading conclusions. Qifu Technology highlights its strong financial performance, including significant revenues and profits, and its commitment to shareholder returns through dividends and stock repurchases. The company also addresses and rebuts various claims regarding its financial practices, regional headquarters, and loan interest rates.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:28 pm

CENT

CENTA

Central Garden & Pet Company has appointed Niko Lahanas as CEO and Brad Smith as CFO. Beth Springer, the interim CEO, will return to her role as Lead Independent Director. These leadership changes are effective from September 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:26 pm

GRYP

Gryphon Digital Mining (NASDAQ:GRYP) announced that Sim Salzman will continue as CFO, following recent management changes. The company is focused on a four-pillar strategy to maximize shareholder value, including growth, energy cost advantages, capital structure, and management team development.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:02 pm