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Corporate Responsibility

TCNNF

The battle over Florida's cannabis legalization initiative, Amendment 3, is heating up. The pro-cannabis campaign, led by Smart and Safe Florida, has raised $71.8 million, largely from Trulieve, while opposition PACs have raised $14.5 million, bolstered by Ken Griffin's $12 million donation. Polls show mixed support for the amendment.

Portfolio Pulse from Maureen Meehan

August 21, 2024 | 2:23 pm

BEN

Western Asset Management, a subsidiary of Franklin Resources, has appointed Michael Buchanan as the new Chief Investment Officer, succeeding Ken Leech who is on leave. Buchanan will lead all global investment management responsibilities.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:13 pm

ASAN

Asana, Inc. (NYSE:ASAN) is pursuing FedRAMP authorization to enhance security and compliance for enterprises in regulated industries such as healthcare, financial services, and government agencies. This move aims to address the complex needs of these sectors and improve organizational efficiency.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:05 pm

PFG

Principal Financial Group has appointed Deanna Strable as the new President and Chief Operating Officer. This leadership change is significant for the company's strategic direction.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 12:38 pm

UP

Wheels Up Experience Inc. announced that CFO Todd Smith will be departing, and Eric Cabezas will serve as the interim CFO. This leadership change could impact the company's financial strategy and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 12:37 pm

KULR

KULR Technology Group, Inc. announced the resignation of Keith Cochran as President and COO, effective August 20, 2024, and the relocation of its principal executive office to Texas. The company has re-allocated operational oversight among its executive management.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 12:36 pm

FLUX

Flux Power has partnered with the largest critical battery components recycling company in the U.S. This collaboration aims to enhance sustainability and efficiency in battery recycling.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 12:32 pm

MFA

MFA Financial, Inc. has announced that Bryan Wulfsohn, currently Co-Chief Investment Officer, will become President effective September 3, 2024. Lori Samuels has been promoted to Chief Loan Operations Officer.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 12:30 pm

M

Macy's has increased its store closure plans for this year from 50 to 55. The company will focus on accretive deals, supported by a strong balance sheet and no major debt maturities until 2027.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 12:18 pm

TSLA

Former Tesla executive Rohan Patel believes Kamala Harris would be better for Tesla's long-term success than Donald Trump, despite Elon Musk's support for Trump. Patel argues that Harris's policies favor sustainable energy and EVs, while Trump's actions suggest a deceleration of these initiatives. Patel also highlights the benefits Tesla has received from the Democratic Party's Inflation Reduction Act.

Portfolio Pulse from Anan Ashraf

August 21, 2024 | 12:02 pm