Streetbeat News

Corporate Responsibility

CRKN

Crown Electrokinetics has announced the formation of two new divisions: Element 82, which will focus on lead pipe inspection, and PE Pipelines, which will handle lead pipe remediation.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 1:17 pm

FTDR

Frontdoor, Inc. (NASDAQ:FTDR) has promoted Evan Iverson to Senior Vice President and Chief Operating Officer, effective August 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:54 pm

PGY

Pagaya Technologies LTD. (NASDAQ:PGY) has appointed Ralph L. Leung as Chief Operating Officer and Chief Commercial Officer. Leung brings over 25 years of experience to the company, enhancing its executive leadership team and deepening its expertise in capital markets, monetization, and operations.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 12:39 pm

TCNNF

Billionaire Ken Griffin has donated $12 million to oppose Florida's cannabis legalization measure, Amendment 3. Griffin argues that the measure would create a monopoly for large marijuana dispensaries, increase youth addiction, and lead to more crime. Trulieve Cannabis Corp, a Florida-based medical marijuana company, has donated nearly $55 million to support the measure.

Portfolio Pulse from Maureen Meehan

August 05, 2024 | 12:33 pm

DNB

Dun & Bradstreet (NYSE:DNB) has received inbound interest from third parties and has retained Bank of America to assist with strategic inquiries. The Board of Directors is evaluating all inquiries and strategic alternatives, but there is no assurance that any transaction will result.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 11:46 am

GME

IJH

MSFT

SONY

VB

GameStop Corp (NYSE:GME) announced the shutdown of Game Informer magazine, laying off the entire staff. The closure comes as part of CEO Ryan Cohen's strategy to scrutinize expenses. Analysts criticize GameStop's business model but note its strong cash position and upcoming console releases from Sony, Nintendo, and Microsoft. GME shares fell 12.01% premarket.

Portfolio Pulse from Anusuya Lahiri

August 05, 2024 | 11:40 am

AUMN

Golden Minerals Co announced the retirement of CFO Julie Weedman, effective August 15, 2024. Joe Dwyer, the current Corporate Controller, will succeed her.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:52 am

JOB

GEE Group is taking proactive measures to streamline its business and maximize operating efficiency in response to current challenges. The company will announce its financial results for the fiscal third quarter ended June 30, 2024, on August 14, 2024, and will further elaborate on its strategic plan.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:35 am

FENC

Fennec Pharmaceuticals has appointed Jeff Hackman as its new CEO and a member of the board, effective on or about August 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:27 am

FFIE

Faraday Future has entered into a waiver agreement with certain investors and agreed to make voluntary adjustments to SPA notes. This development is likely to impact the company's financial stability and investor confidence in the short term.

Portfolio Pulse from charles@benzinga.com

August 05, 2024 | 10:05 am