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Corporate Responsibility

ESLA

Estrella Immunopharma has appointed Hong Zhang as Chairperson and Board Member, expanding its board from five to six directors. This follows the dosing of the first patient in its Phase I/II clinical trial for EB103 T-Cell Therapy. CEO Dr. Cheng Liu will continue as a director.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 4:01 pm

AIRL

JETS

LUV

Southwest Airlines (NYSE:LUV) faces a boardroom battle as Elliott Investment Management, holding an 11% stake, nominates ten independent candidates for the Board of Directors. Elliott criticizes the current Board for poor performance and lack of accountability. Southwest plans to discuss a collaborative resolution and will provide a comprehensive business plan during its Investor Day in late September. LUV shares are trading lower.

Portfolio Pulse from Nabaparna Bhattacharya

August 14, 2024 | 3:16 pm

EWCZ

European Wax Center has appointed David Berg as CEO, effective August 12, 2024. The company is updating its financial guidance and reevaluating near-term development plans due to macroeconomic pressures.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:05 pm

AZN

AstraZeneca is reconsidering its $578.4 million investment in a new vaccine-manufacturing site in the UK due to a reduction in government funding. The UK Treasury has cut its support from 65 million pounds to around 40 million pounds, leading AstraZeneca to consider relocating the project to France. This decision could impact the company's vaccine manufacturing expansion plans.

Portfolio Pulse from Vandana Singh

August 14, 2024 | 3:04 pm

PSQH

PSQ Holdings' Chairman and CEO Michael Seifert, CFO Brad Searle, and Investor and Advisor Donald Trump Jr. have extended their lock-up agreements for an additional 12 months in Q3 2024, signaling strong belief in the company's future.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:37 pm

NKE

Traders are circulating unconfirmed analyst comments suggesting that a significant activist investor may be involved with Nike. The speculation includes a push for Dave Powers to become the new CEO.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:59 pm

NNE

NANO Nuclear Energy has appointed former Congressman and District Attorney Dan Donovan as Chairman for Market Intelligence. Donovan, a former member of the House Homeland Security Committee, brings significant expertise and contacts to the company.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:40 pm

DKNG

DraftKings announced on X (formerly Twitter) that it will not proceed with the gaming tax surcharge. This decision could impact the company's financial outlook and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:25 pm

TRUP

Trupanion has partnered with the CDC and leading pet industry partners, including Boehringer Ingelheim and Mars Science & Diagnostics, to launch a Pet & Public Health Early Warning & Detection System. This collaboration aims to address emerging pet and public health threats, providing early detection benefits globally.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:06 pm

ESCA

Escalade, Inc. (NASDAQ: ESCA) announced that CEO and President Walter P. Glazer, Jr. will retire by the end of 2024. The Board of Directors will conduct a comprehensive search for his successor, considering both internal and external candidates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:22 pm