Streetbeat News

Corporate Responsibility

SSNLF

Samsung Electronics is reportedly cutting up to 30% of its overseas staff in certain divisions. This move is part of a restructuring effort to improve efficiency and reduce costs.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 9:39 am

AAPL

Apple has quietly discontinued its FineWoven iPhone cases, which faced criticism for their durability issues. These cases, introduced with the iPhone 15, are no longer available on Apple's website and have not been launched for the iPhone 16. The move is part of Apple's shift towards more sustainable products, but the FineWoven cases were not well-received by users and reviewers.

Portfolio Pulse from Benzinga Neuro

September 11, 2024 | 9:09 am

CMG

SBUX

YUM

Brian Niccol, the new CEO of Starbucks, aims to reconnect the company with its community coffeehouse roots by improving in-store experiences and addressing operational challenges. His leadership comes amid declining sales and employee dissatisfaction.

Portfolio Pulse from Benzinga Neuro

September 11, 2024 | 8:27 am

IP

International Paper has announced that Andy Silvernail will take on the role of Chairman in addition to his current position as CEO, effective October 1, 2024. Mark Sutton will retire from the Board on September 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 9:05 pm

UTI

Universal Technical Institute's CFO, Troy Anderson, has resigned effective October 11, 2024, to join another public company. Christine Kline will serve as the interim CFO.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:58 pm

NTRS

Northern Trust announced several leadership changes effective October 1, 2024. Peter Cherecwich will become COO, David Fox will serve as CFO, Teresa Parker will continue as President of Asset Servicing, and Steven L. Fradkin will be Vice Chairman. Jason Tyler will become President of Wealth Management.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:56 pm

ARRY

Array Technologies has introduced a new reusable packaging solution aimed at replacing traditional cardboard boxes. This innovation is designed to enhance sustainability and supply chain efficiency by reducing waste, requiring fewer trucks for transportation, and offering a 15-year lifespan.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:18 pm

NBHC

National Bank Holdings Corporation has appointed Aldis Birkans as President and Nicole Van Denabeele as Chief Financial Officer. These leadership changes could influence the company's strategic direction and financial management.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:15 pm

GME

GameStop announced that it will not be holding a conference call today, which may lead to investor uncertainty regarding the company's current status and future plans.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:06 pm

EIX

SRE

The Airport Fire in Trabuco Canyon, southern California, has rapidly expanded to thousands of acres, prompting evacuations. Over 1,000 firefighters are battling the blaze, which is part of a series of wildfires affecting the region.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:27 pm