Streetbeat News

Corporate Responsibility

DJT

SPY

Kamala Harris's campaign has confirmed a second presidential debate with Donald Trump in October, following their first debate on September 10. The campaign rejected additional vice presidential debates. JD Vance and Tim Walz will debate on October 1, with another Vance debate on September 18. The September debate will be hosted by ABC News, while the sponsor for the October debate is yet to be determined.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:13 pm

CMG

SBUX

Pershing Square Holdings expressed confidence that Chipotle's team will continue to perform well despite CEO Brian Niccol's departure to Starbucks.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:48 pm

CMG

Pershing Square Holdings praises Brian Niccol for leading a successful turnaround at Chipotle, setting the company on a path of sustainable long-term growth.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:37 pm

CVE

Cenovus Energy is preparing contingency plans to mitigate the impacts of a potential rail stoppage in Canada due to a strike or lockout.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 3:21 pm

KORE

KORE Group shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance below estimates. Additionally, the company appointed a new CEO and announced plans to reduce its workforce by 19%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:30 pm

TOMZ

TOMI Environmental Solutions has issued a blog post emphasizing the importance of infection prevention to combat the mpox virus outbreak. The World Health Organization has called for an emergency meeting due to a surge in mpox cases in the Democratic Republic of Congo and surrounding African countries. SteraMist, a product by TOMI Environmental Solutions, has been recognized by the EPA for its effectiveness in disinfecting against emerging viral pathogens, including mpox.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:13 pm

CMG

SBUX

WMT

YUM

Starbucks' stock surged by 20%, adding over $15 billion in valuation, following the announcement of Brian Niccol as the new CEO. Niccol, previously CEO of Chipotle and Taco Bell, has a net worth of over $300 million. He will receive $85 million in cash and stock from Starbucks.

Portfolio Pulse from Aaron Bry

August 15, 2024 | 2:13 pm

MASI

Masimo has filed revised definitive proxy materials with the SEC for its upcoming annual meeting of stockholders on September 19, 2024. Stockholders of record as of August 12, 2024, are eligible to vote.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:17 pm

AIRJ

Montana Technologies Corporation (NASDAQ:AIRJ) has signed a Memorandum of Understanding with TenX Investment to deploy its AirJoule technology in the UAE, focusing on water security and energy efficiency.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:11 pm

SUP

Superior Industries has announced the refinancing of its senior secured term loan to $520 million and the redemption of €217 million senior notes due 2025. This move reduces the company's total debt from $627 million to $521 million, enhancing financial flexibility for growth strategy execution and long-term shareholder value.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:41 pm