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Corporate Responsibility

SAVE

Spirit Airlines CEO has stated that the company is engaged in productive conversations with advisors of their bondholders to address upcoming debt maturities. The CEO also emphasized that the low-fare model is not broken or obsolete.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:11 pm

JTAI

Jet.AI has launched DynoFlight 2.0, a web-based platform for aviation carbon management. The platform uses AI to sync fleet data, visualize emission levels, interrogate emissions, pay to remediate carbon emissions, and track compliance with NBAA standards.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:01 pm

WW

WW International is exploring alternatives to branded weight-loss drugs, as reported by Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:24 pm

KE

Averna has acquired Global Equipment Services, Inc. (GES) from Kimball Electronics, Inc. (NASDAQ: KE), expanding its footprint in Asia and North America. The acquisition will add 600 new employees across offices in Vietnam, China, India, Japan, and Silicon Valley. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:23 pm

XGN

Exagen Inc. (NASDAQ:XGN) has appointed Jeffrey G. Black as the new Chief Financial Officer, effective September 1, 2024. He will replace Kamal Adawi, with John Aballi serving as interim CFO until the end of August.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:15 pm

RBLX

Roblox announced that CFO Michael Guthrie will be leaving the company. Guthrie will remain as CFO during the search for a new finance chief and the transition period.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:52 pm

STHZF

StateHouse Holdings Inc. (OTCQB: STHZF) reported flat revenue year-over-year for Q1 2024, with net revenues of $25.4 million. The company improved its market presence, climbing from the 8th to the 4th largest California cannabis brand operator. Retail revenues declined, while branded wholesale manufacturing and cultivation revenues increased. Gross profit and margins improved, and adjusted EBITDA turned positive. Kevin K. Albert was appointed to the board of directors.

Portfolio Pulse from Jelena Martinovic

August 01, 2024 | 12:50 pm

ACGL

Arch Insurance North America, a part of Arch Capital Group Ltd. (NASDAQ:ACGL), has completed the acquisition of Allianz's U.S. MidCorp and Entertainment insurance businesses. This acquisition, initially announced on April 5, enhances Arch Insurance's middle market offerings. Nearly 500 former Allianz employees have joined Arch to ensure continuity for clients and brokers.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:34 pm

PHIO

Phio Pharmaceuticals Corp. (NASDAQ:PHIO) has appointed Robert M. Infarinato as Vice President and CFO, effective August 1, 2024. Infarinato will oversee accounting, finance, treasury, investor relations, and administration.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:14 pm

SLI

Standard Lithium Ltd. announced that CEO Robert Mintak will retire effective September 1, 2024, and will remain as an advisor through August 2025. David Park will take over as CEO on the same date.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:10 pm