Streetbeat News

Corporate Responsibility

OXY

Occidental Petroleum's CEO announced that the company will maintain a steady activity level from its Crownrock assets through 2025.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:01 pm

NAVI

SPY

U.S. Senator Elizabeth Warren has urged Navient to change its process on student debt relief, highlighting concerns over the company's handling of student loans.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:54 pm

CURLF

Curaleaf Holdings, Inc. has appointed Boris Jordan as the new CEO, effective August 16, 2024. Jordan, who has been the executive chairman since 2015, will replace Matt Darin, who will retire but stay on as a special advisor through year-end. The announcement coincided with Curaleaf's quarterly earnings report, which showed a 2% year-over-year revenue growth to $342 million and an adjusted EBITDA of $73 million. Curaleaf's shares traded 0.63% higher at $3.21 per share following the news.

Portfolio Pulse from Jelena Martinovic

August 08, 2024 | 3:09 pm

SEED

Origin Agritech has appointed Patrick Cheng as its new CFO and board member. Cheng brings over 30 years of experience in corporate management, investment, and financial control, which is expected to enhance the company's financial strategy and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 1:03 pm

UA

UAA

Under Armour (NYSE:UAA, NYSE:UA) reported better-than-expected Q1 2025 results despite a 10.1% YoY sales decline. The company beat analyst estimates with $1.183 billion in revenue and an adjusted EPS of $0.01. Despite a decrease in wholesale and direct-to-consumer revenue, the company showed progress in its restructuring plan. UAA shares are trading lower by 11.3% in premarket.

Portfolio Pulse from Akanksha Bakshi

August 08, 2024 | 12:57 pm

G

Genpact Limited (NYSE:G) is set to release its Q2 earnings report, with analysts expecting earnings of 72 cents per share and revenue of $1.14 billion. The company recently appointed Sanjeev Vohra as its first Chief Technology & Innovation Officer. Genpact offers an annual dividend yield of 1.89%, translating to a quarterly dividend of 15.25 cents per share. Investors would need approximately $317,506 invested in Genpact to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

August 08, 2024 | 12:37 pm

STRL

Sterling Infrastructure, Inc. (STRL) has appointed Dan Govin as its new Chief Operating Officer. This leadership change is expected to bring new strategic direction and operational efficiency to the company.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:36 pm

CGBS

Crown LNG Holdings Limited (NASDAQ:CGBS) has appointed Andrew Judson as Chairman of the Board, effective August 2, 2024. The current Chairman, Jørn Husemoen, will continue as a Board member and Chief Financial Officer.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:26 pm

AKTS

Akoustis Technologies, Inc. (Nasdaq: AKTS) announced the resignation of Jeffery B. Shealy as CEO and Board member, effective August 6, 2024. Kamran Cheema, the current Chief Product Officer, will serve as interim CEO.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:25 pm

GAME

Zoned, a subsidiary of GameSquare Holdings, Inc. (NASDAQ:GAME), has signed multiple new brand partnerships expected to generate over $3 million in high-margin revenue. The new projects include marketing campaigns for brands like Topgolf and DairyMax, and other soon-to-be-announced projects with leading global sports, media, and entertainment companies. This growth is attributed to organizational changes, including the promotion of Carlos Tovar as President and a revitalized go-to-market strategy.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 12:10 pm