Streetbeat News

Corporate Responsibility

WMT

Walmart Canada is investing an additional $92 million in wage increases for its frontline associates, including supply chain, frontline management, and retail hourly workers. This move is part of Walmart's ongoing efforts to support its workforce.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 2:03 pm

MASI

Masimo Corp shares are experiencing an uptick following updates on its leadership and business strategies.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:51 pm

AVTR

Avantor, Inc. has entered a 10-year virtual power purchase agreement to provide 25GWh of renewable energy annually starting in 2026, reflecting its commitment to renewable energy.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:20 pm

CERO

CERo Therapeutics has secured $1.25 million in financing and is seeking an FDA Type A meeting to address a clinical hold on its CER-1236 product. The company also announced leadership changes, with Chris Ehrlich becoming Chairman and Interim CEO, while Brian Atwood moves to an advisory role.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:18 pm

GEF

Greif has entered into a virtual power purchase agreement with Enel Green Power España to support its sustainability goals. The financial terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:05 pm

BTCUSD

Bill Maher criticizes Bitcoin mining for its high energy consumption, claiming it undermines green energy progress. He compares its environmental impact to adding millions of gas-powered cars. The debate on crypto's carbon footprint is intensifying.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 12:10 pm

UHG

United Homes Group, Inc. (NASDAQ:UHG) announced leadership changes effective October 1, 2024. Founder Michael Nieri will transition to Executive Chairman, focusing on strategic initiatives. Jamie Pirrello will serve as interim CEO while a search for a permanent CEO is conducted.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:03 pm

TH

Target Hospitality shares declined following the announcement that the company's Board of Directors has decided to disband the Special Committee.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 11:50 am

FSUMF

Fortescue Metals (OTC:FSUMF) has announced a $2.8 billion investment in electrifying its fleet, including 475 emission-free machines. Despite challenges like falling iron ore prices, the company is committed to achieving net-zero emissions by 2030, surpassing its peers. The initiative includes partnerships for battery-electric trains and aims to eliminate 95 million liters of diesel annually.

Portfolio Pulse from Stjepan Kalinic

September 25, 2024 | 11:41 am

GS

GSK

JNJ

MS

SNY

Sanofi plans to spin off its consumer healthcare business to focus on drug development and cost-cutting. Private equity firms are interested, and the unit could be valued at over $20 billion. Goldman Sachs and Morgan Stanley are preparing financing for potential buyers.

Portfolio Pulse from Vandana Singh

September 25, 2024 | 11:18 am