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Corporate Responsibility

ABVX

Abivax SA (NASDAQ: ABVX) provided an update on its Phase 3 ABTECT trial for obefazimod in ulcerative colitis, which is on track to complete enrollment in early Q1 2025. The company expects top-line results in early Q2 2025 and has sufficient cash to fund operations through Q4 2025. Leadership changes include Sylvie Grégoire as Chair of the Board, Dr. Fabio Cataldi as Chief Medical Officer, and Dr. David Zhang as Chief Strategy Officer.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 8:01 pm

SPY

The 1.3-million member Teamsters Union is considering not endorsing either President Joe Biden or former President Donald Trump in the upcoming election, according to sources cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 6:27 pm

INTC

Intel has launched the first U.S. registered apprenticeship program for manufacturing facility technicians in Arizona. The program, in collaboration with several organizations, will train technicians over five years, with apprentices becoming full-time Intel employees from day one and earning a certificate and college credit upon completion.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 6:00 pm

CRM

INTU

Salesforce has announced the layoff of approximately 300 employees as part of its efforts to find the 'right structure' for the company. This move follows similar job cuts by other tech companies, including Intuit.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 5:03 pm

GOOS

M

RL

Shares of apparel companies are trading lower in sympathy with Macy's after the company announced the termination of discussions with Arkhouse and Brigade.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 5:03 pm

SPY

Fed Chair Jerome Powell expressed sadness over political violence in the country and relief that injuries to former President Trump were not serious. He also noted that the economy has performed remarkably well in the last couple of years.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 4:41 pm

ETR

Entergy Corp announced that its workforce has restored power to approximately 96% of customers affected by Hurricane Beryl. The majority of customers in the most heavily impacted areas are expected to have power restored today.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 4:28 pm

MASI

Proxy advisor ISS has issued a report stating that changes at Masimo are 'absolutely necessary' and recommends shareholders vote for activist Politan Capital Management's board nominees, Bill Jellison and Darlene Solomon.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 4:11 pm

CEI

Camber Energy announced that ESG Clean Energy's carbon capture system has achieved 100% CO2 removal from fossil fuel power plant emissions, enabling zero-carbon power generation.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:39 pm

TRMB

Trimble has extended its strategic partnership with Esri to enhance GIS software, location intelligence, and mapping. The collaboration aims to optimize processes, support decision-making, and automate workflows for greener infrastructure, focusing on technology innovation, digital transformation, sustainability, and humanitarian projects.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:21 pm