Streetbeat News

Corporate Responsibility

MD

Pediatrix Medical has announced several key executive changes. Kasandra Rossi will succeed Marc Richards as EVP, CFO, and Treasurer effective October 1, 2024. Mary Ann E. Moore has been appointed Chief Administrative Officer, effective August 1, 2024, while Curtis B. Pickert, M.D. will transition to Chief Physician Executive on the same date.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:04 am

CHIQ

PGJ

YUMC

Yum China Holdings, Inc. (NYSE:YUMC) reported mixed Q2 results with revenue missing expectations but EPS surpassing estimates. The company saw growth in system sales, digital sales, and core operating profit. Yum China also announced a CFO change and reiterated its FY24 targets. Shares are trading higher following the news.

Portfolio Pulse from Lekha Gupta

August 06, 2024 | 9:54 am

CHDRY

LVMUY

Christian Dior SE (OTC:CHDRY), a subsidiary of LVMH (OTC:LVMUY), is under scrutiny for delayed UK supply chain disclosures and outdated certifications. The company has now published a 2023 modern slavery statement and claims to have ceased working with non-compliant suppliers. This comes as LVMH faces other challenges, including missed earnings expectations and a potential shift in CEO rankings.

Portfolio Pulse from Benzinga Neuro

August 06, 2024 | 8:58 am

VSTO

Vista Outdoor announced that its ongoing review of strategic alternatives is continuing to progress.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 9:45 pm

TDC

Teradata announced a global restructuring plan that will reduce its workforce by 9% to 10%, aiming to optimize operations and drive long-term growth. The restructuring is expected to save $75 to $80 million annually, with most savings realized in 2024 and 2025.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:51 pm

HRB

H&R Block, Inc. (NYSE:HRB) has announced the appointment of Tiffany Mason as Executive Vice President, Finance, effective immediately. Mason will succeed Tony Bowen as Chief Financial Officer on September 13, 2024, following Bowen's retirement announcement earlier this year.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:47 pm

CVGI

Commercial Vehicle Group (CVGI) is taking swift action to address end market and operational challenges through restructuring and headcount reduction efforts. The company has incurred $6.8 million in restructuring expenses and reduced its headcount by over 10%. CVGI is also making progress on the strategic evaluation of its Industrial Automation segment, with expected culmination in the third quarter. The company has adjusted its annual guidance for fiscal year 2024 to reflect current market trends, including deterioration in global construction and agriculture markets. Proceeds from dispositions will primarily support debt paydown.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:45 pm

PETS

PetMed Express, Inc. (NASDAQ:PETS) has appointed Doug Krulik as Chief Accounting Officer effective August 19, 2024. Krulik brings over 20 years of experience in finance and accounting, previously serving as Vice President Finance and Controller at Etherio Holdings. In his new role, he will oversee the company's accounting functions, including financial reporting, treasury, tax, compliance, and internal controls.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:44 pm

KFFB

Kentucky First Federal Bancorp (KFFB) announced the retirement of Chairman Tony D. Whitaker, effective August 1, 2024. Whitaker will step down as Chairman of both Kentucky First Federal Bancorp and First Federal Savings Bank of Kentucky.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:41 pm

AESI

Atlas Energy Solutions has appointed Chris Scholla as the new Chief Operating Officer (COO).

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 8:38 pm