Streetbeat News

Corporate Responsibility

ONMD

OneMedNet has appointed Bob Golden as its new Chief Financial Officer. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:46 pm

CYD

LUV

Southwest Airlines Co (LUV) and China Yuchai International Limited (CYD) are identified as overbought stocks in the industrials sector, with RSI values above 70. Southwest Airlines announced a board refreshment, while China Yuchai updated its share buyback plan.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 12:45 pm

BAC

FTXO

KBWB

Bank of America (NYSE:BAC) is increasing its minimum hourly wage to $24, aiming for $25 by 2025. This move is part of its strategy to lead in setting wage standards. BAC shares have risen over 38% in the past year, with a 1.60% increase premarket. Investors can access BAC through ETFs like FTXO and KBWB.

Portfolio Pulse from Nabaparna Bhattacharya

September 10, 2024 | 12:42 pm

BEAT

HeartBeam has appointed Timothy Cruickshank as its new Chief Financial Officer, effective immediately. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:34 pm

BP

MCD

NSC

Norfolk Southern CEO Alan Shaw is expected to step down amid an ethics investigation into an alleged relationship with an employee. His tenure faced challenges, including a train derailment and criticism from activist investors. The trend of executive dismissals over ethics violations is growing.

Portfolio Pulse from Vandana Singh

September 10, 2024 | 12:34 pm

VIR

Vir Biotechnology has appointed Jason O'Byrne as the new Executive Vice President and CFO, effective October 2, 2024. This leadership change could influence the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:08 pm

SEDG

SolarEdge has launched a new home solar and storage solution with a modular design that reduces installation time by 50%. The product is expected to be manufactured in the U.S., qualifying for domestic content incentives.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:03 pm

TRP

TC Energy's equity interest purchase transaction for the NGTL System and Foothills Pipeline assets has been delayed due to a structuring issue. The company aims to ensure meaningful distributions to Indigenous Communities while maintaining asset value.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:57 am

RKLB

Rocket Lab USA has appointed Frank Klein as its new Chief Operating Officer, effective September 16. Klein brings over 30 years of international manufacturing and leadership experience from the automotive industry.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:38 am

LUV

Southwest Airlines is engaging with Elliott Investment Management to resolve issues collaboratively. The airline plans to reduce its Board of Directors to 12 by 2025, with 75% having three years or less tenure. The Board is also restructuring its committees.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:32 am