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Corporate Responsibility

NSC

The National Transportation & Safety Board (NTSB) gave a presentation on the recent Norfolk Southern train derailment. The presentation covered the causes, impact, and future safety measures to prevent such incidents.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:05 pm

LLY

Eli Lilly and Company (NYSE:LLY) has announced a collaboration with OpenAI to leverage generative AI for the discovery of novel antimicrobials to treat drug-resistant bacteria. This partnership aims to address the significant global health threat posed by antimicrobial resistance (AMR).

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:01 pm

XOM

ExxonMobil and EV battery maker SK On have signed a Memorandum of Understanding (MOU) to produce Mobil Lithium in the U.S. This agreement highlights the demand for domestically sourced lithium and marks a significant step in strengthening the U.S. electric vehicle and battery supply chains. The initiative is expected to enhance energy security, support U.S. manufacturing jobs, and reduce carbon emissions.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:01 pm

TM

Toyota Motor Corp. (NYSE: TM) Chairman Akio Toyoda received a pay raise to $10.2 million for fiscal year 2023, despite governance and safety concerns. This comes amid a government safety probe and reduced shareholder support. Toyota reported record operating income and maintained its position as the world's top vehicle manufacturer.

Portfolio Pulse from Benzinga Neuro

June 25, 2024 | 1:20 pm

MAT

Mattel, Inc. (NASDAQ:MAT) announced that 80% of its global games portfolio will be colorblind accessible by the end of 2024, increasing to 90% in 2025. This initiative includes popular games like UNO®, Phase 10®, DOS™, Blokus®, and Tumblin' Monkeys®.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:07 pm

DDC

DayDayCook has appointed Jeffrey Ervin as Co-CFO, effective immediately.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:06 pm

DSP

Viant Technology has partnered with Cedara to enhance digital supply path transparency and media decarbonization. This partnership will provide comprehensive carbon measurement for advertisers and Viant's corporate emissions, advancing Viant's Adtricity sustainability program for improved carbon efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 1:04 pm

HHS

Harte Hanks, Inc. (NASDAQ:HHS) has finalized the divestment and termination of its obligations related to Qualified Pension Plan I, effective August 2024. Nationwide will provide benefits to Plan I pension members starting August 2024.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 12:47 pm

ASTS

AST SpaceMobile has announced a strategic realignment of its executive leadership team, appointing Scott Wisniewski as CFO, Shanti Gupta as COO, and Andrew Johnson as CFO. This move aims to accelerate the company's commercialization and manufacturing efforts for its space-based cellular broadband network.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 12:32 pm

SFTBF

SFTBY

SoftBank CEO Masayoshi Son has seen a significant drop in shareholder support for his reappointment, falling from 95.93% to 79.22% in a year, following a recommendation by proxy advisor ISS. The decline is attributed to SoftBank's average return on equity of less than 5% over the past five years. Activist investor Elliott Investment Management has also demanded a $15 billion share buyback. Despite these challenges, SoftBank's stock has surged nearly 50% this year, driven by the rally of Arm Holdings Plc.

Portfolio Pulse from Benzinga Neuro

June 25, 2024 | 12:21 pm