Streetbeat News

Corporate Responsibility

FOSL

Fossil Group has appointed Franco Fogliato as its new CEO. This leadership change could influence the company's strategic direction and operational focus.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:31 pm

NISTF

X

U.S. Steel (NYSE:X) may shut down mills and relocate its headquarters if a sale to Nippon Steel (OTC:NISTF) fails. The $14.1 billion deal faces opposition from political figures and unions. Nippon Steel plans to invest $2.7 billion to keep U.S. Steel competitive.

Portfolio Pulse from Benzinga Neuro

September 04, 2024 | 12:25 pm

IAS

Integral Ad Science (NASDAQ:IAS) has appointed Marc Grabowski as Chief Operating Officer and Srishti Gupta as Chief Product Officer, effective September 16, 2024. Grabowski will focus on global commercial operations, while Gupta will lead product strategy and development.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:18 pm

AZTA

Azenta, Inc. has appointed John P. Marotta as its new President and CEO, effective September 9, 2024, succeeding Dr. Stephen Schwartz. Marotta brings extensive experience from leading roles in life sciences and healthcare investment firms.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:15 pm

LSB

LakeShore Biopharma has appointed Xu Wang as the new CEO, succeeding Dave Chenn and Dr. Hui Shao. Wang steps down from his previous role as COO.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:12 pm

HUM

Humana Inc., in collaboration with Harvard University, published a study showing improved access to primary care for seniors through senior-focused primary care organizations, reducing racial and socio-economic disparities.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:10 pm

SPGC

Sacks Parente Golf (NASDAQ:SPGC) has rebranded its putter and shaft divisions as NEWTON GOLF, inspired by Isaac Newton's legacy. The change reflects a commitment to innovation and precision in golf equipment.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:04 pm

CIEN

Ciena Corp reported a Q3 revenue decline of 11.8% to $942.3 million, beating estimates. EPS also surpassed expectations. Despite a decline in operating margin, the company showed growth in cloud services. CFO James Moylan announced his retirement, effective in 2025.

Portfolio Pulse from Anusuya Lahiri

September 04, 2024 | 11:54 am

AIRL

JETS

LUV

Southwest Airlines (NYSE:LUV) shares are trading slightly higher premarket after reporting zero cancellations on Labor Day and strong summer performance. Elliott Investment Management, holding an 11% stake, plans to nominate new board members. Investors can also gain exposure through ETFs like JETS and AIRL.

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 11:36 am

SHFS

Safe Harbor Financial, a subsidiary of SHF Holdings, Inc. (NASDAQ:SHFS), has restructured executive contracts to save $350,000. The restructuring includes extending contracts for key executives and shifting compensation towards performance-based incentives.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:35 am