Streetbeat News

Corporate Responsibility

SMRT

SmartRent, Inc. (NYSE:SMRT) announced that Lucas Haldeman has stepped down as CEO and resigned from the Board. John Dorman has been appointed Chairman of the Board. The company has suspended its full-year 2024 outlook and formed a Management Committee to oversee operations during the transition.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:34 pm

AES

AES Corporation has introduced Maximo, an AI-powered robot designed to enhance the speed, efficiency, and safety of solar installations. This innovative robotic solution aims to help construction teams meet the growing demand for renewable energy.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:00 pm

VSTO

Vista Outdoor shares are trading higher after the company announced an exploration of a full range of alternatives for Revelyst.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:59 am

PLUG

Plug Power has appointed Dean Fullerton, a former Amazon executive, as its new Chief Operations Officer. This strategic hire is expected to enhance the company's operational efficiency and drive growth.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:15 am

WPP

WPP has appointed Philip Jansen to its Board as a Non-Executive Director and Chair-Designate. He will join the Board on 16 September 2024 and will succeed Roberto Quarta as Non-Executive Chair from 1 January 2025.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 11:07 am

CNP

CenterPoint Energy has provided an update on its response to Hurricane Beryl. The company plans to nearly double the size of its vegetation management crews and target higher risk vegetation to protect its electrical assets.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:30 am

JBLU

JetBlue has announced an incremental deferral of approximately $3 billion in planned capital expenditures for aircraft. This move is likely aimed at improving the company's liquidity and financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:11 am

SWK

Stanley Black & Decker announced that its global cost reduction program is on track to achieve pre-tax run-rate savings of $1.5 billion by the end of 2024 and $2 billion by the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 10:09 am

TSLA

Former Tesla executive Rohan Patel stated that the Biden administration treated Tesla fairly on substantive issues, despite surface-level disappointments between President Biden and CEO Elon Musk. The administration included Tesla in the $7500 consumer incentive, allowed the deployment of Tesla’s driver assistance systems, and enacted incentives that benefited Tesla's Megapack deployments and battery manufacturing. Musk, however, has criticized Biden for being pro-union and has expressed concerns about potential tariffs if Trump is re-elected.

Portfolio Pulse from Anan Ashraf

July 30, 2024 | 9:53 am

CHRW

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has sold its European Surface Transportation business to sennder Technologies GmbH. The financial terms of the deal were not disclosed. This move aligns with C.H. Robinson's strategy to focus on profitable growth in its core modes: North American truckload and less-than-truckload, and global ocean and air.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 7:06 am