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Corporate Responsibility

NNE

Nano Nuclear Energy Inc. (NASDAQ:NNE) shares have seen significant volatility, with a recent 90% gain followed by a slight pullback. Key developments include the appointment of a former Congressman to its advisory board, a partnership with Rwanda's Atomic Energy Board, and a new headquarters in Tennessee. The stock is experiencing high trading volume and short interest.

Portfolio Pulse from Erica Kollmann

August 20, 2024 | 8:38 pm

BLMZ

BloomZ Inc. has appointed Minoru Muranaga as the new Chief Financial Officer, effective August 20, 2024, succeeding Hideki Sawai, who resigned for personal reasons.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:22 pm

NITO

N2OFF INC. plans to use the Verra VM00046 methodology to monetize carbon credits by reducing food waste. The company will employ Save Foods' treatment to extend the shelf life of fruits and vegetables, aiming to keep food in the human supply chain and reduce emissions.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:14 pm

DAIO

Data I/O has announced that William 'Bill' Wentworth will take over as President and CEO, replacing Anthony Ambrose. This leadership change could impact the company's strategic direction and operations.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 8:01 pm

BUD

Anheuser-Busch plans to lay off nearly 200 workers at its Medford, Massachusetts facility, with some employees potentially finding jobs under new ownership by Quality Beverage. The layoffs are part of a strategic transition to ensure long-term success and growth of Anheuser-Busch's brand portfolio.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:58 pm

MFIN

ZimCal Asset Management, a major investor in Medallion Financial Corp. (MFIN), expresses concern over the company's Q2 2024 results, highlighting poor trends in core charge-offs, ROAA, ROAE, and cash-burn. Despite market skepticism, ZimCal sees potential upside with improved governance and leadership.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 7:35 pm

BUYZ

IYT

TSLA

UBER

Uber has hired former Tesla executive Rebecca Tinucci to lead its transition to electric vehicles as the global head of sustainability. Tinucci, who previously managed Tesla's Supercharging team, will start on September 16. Uber aims for zero-emission rides by 2040. The news comes as Uber's stock has gained over 64% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

August 20, 2024 | 6:10 pm

TXN

Elliott commends Texas Instruments for its capital management update, highlighting TI's commitment to long-term growth and free cash flow. TI plans to achieve $12 per share of free cash flow by 2026 and has a flexible capex strategy. Elliott supports TI's strategy for US-based semiconductor capacity.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:18 pm

TSLA

UBER

Uber has hired a former Tesla executive to lead its transition to electric vehicles (EVs). This move indicates Uber's commitment to expanding its EV fleet and aligns with global trends towards sustainable transportation.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 4:04 pm

TXN

Texas Instruments has revised its capital expenditure plan, now intending to spend about $5 billion per year through 2025, instead of the previously planned $5 billion per year through 2026.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 3:21 pm