Streetbeat News

Corporate Responsibility

LUV

Artisan Partners Global Value Team, holding 1.8% of Southwest Airlines' shares, supports Elliott's nominees for the board to bring new leadership. They urge the board to cooperate or face a vote for the nominees in an extraordinary shareholder meeting.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:52 pm

ARMP

Armata Pharmaceuticals (NYSE:ARMP) has appointed David House as Senior Vice President of Finance and Principal Financial Officer, effective August 16th. Richard Rychlik will continue as Corporate Controller.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:46 pm

NCLH

Russell Galbut has resigned from the board and as chairperson of Norwegian Cruise Line (NCLH) effective August 12. Stella David has been appointed as the new chairperson. The resignation was not due to any disagreements with the company's operations, policies, or practices.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:44 pm

DGLY

Digital Ally shares are trading lower after the company and Clover Leaf Capital Corp. announced the postponement of the special meeting of stockholders.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:43 pm

CLOE

DGLY

Clover Leaf Capital Corp and Digital Ally have postponed their special meeting from August 20, 2024, to August 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:42 pm

NODK

NI Holdings announced that Michael J. Alexander has stepped down as President and CEO, effective August 13. Cindy L. Launer has been named as Interim CEO. The Board of Directors is starting the search for a new CEO with no definitive timeline.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:33 pm

ADSK

Autodesk has continued a controversial sales practice despite pledging to halt it, ignoring internal warnings about accounting risks. Activist investor Starboard Value is pushing for leadership changes over the handling of an accounting probe.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 8:31 pm

DIS

Disney has appointed Adam Smith, formerly of YouTube, as the Chief Product & Technology Officer for Disney Entertainment & ESPN, effective September 3. Smith will oversee a global product and technology group across Disney's entertainment and sports media businesses.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:06 pm

THQQF

Embracer Group AB (OTC:THQQF) reported a 24% decline in net sales for Q1 2024, amounting to $754 million. The company experienced a significant drop in PC and console gaming revenue, while tabletop games remained the largest revenue generator. Embracer plans to split into three publicly listed entities, with Asmodee expected to be listed on Nasdaq Stockholm by the end of the year.

Portfolio Pulse from Franca Quarneti

August 15, 2024 | 6:01 pm

BA

UAL

United Airlines CEO Scott Kirby expressed confidence that Boeing is on the right path, indicating a positive outlook for Boeing's future performance.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:38 pm