Streetbeat News

Corporate Responsibility

TREE

LendingTree has promoted Jason Bengel to CFO following the departure of Trent Ziegler on August 9, 2024. The company also announced several leadership changes to support its strategic initiatives and growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:32 pm

PR

Permian Resources has extended its existing registration rights agreement. Post Member Distribution, private equity stockholders will own about 16% of the company's shares, with no single party owning more than 7%. The management team owns approximately 7% of the shares, and the Co-CEO's compensation is entirely in long-term equity.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:14 pm

DLA

Delta Apparel announced that the final costs and cash expenditures related to its DTG2Go exit plan will not be known until all related activities are completed.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:20 pm

MOD

Modine Manufacturing has approved the termination of its frozen pension plan as of June 13.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:20 pm

CARA

Cara Therapeutics has approved a streamlined operating plan to explore strategic alternatives and maximize shareholder value. The board has approved a workforce reduction of approximately 70%, anticipating $2.6 million in total charges associated with the reduction.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:19 pm

DLA

Delta Apparel has announced that it will cease all production operations related to its DTG2Go business as of June 13, 2024, as part of its exit plan.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:19 pm

DLA

Delta Apparel plans to exit its DTG2Go business unit, resulting in the closure of multiple facilities and a workforce reduction of approximately 115 employees. The exit plan is expected to be completed within 120 days.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:17 pm

PSNY

Polestar has announced that Håkan Samuelsson will retire as Board Chair, with Winfried Vahland appointed as the new Board Chair. Additionally, Carla De Geyseleer has chosen not to stand for re-election.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:15 pm

WDFC

WD-40 Company has announced that Eric P. Etchart will succeed Gregory A. Sandfort as the non-executive chair of the company's board after Sandfort retires on December 12, 2024. Sandfort will continue to serve as chair until the annual meeting.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:12 pm

TOL

The United States has filed a Fair Housing Act lawsuit against Toll Brothers and related entities for failing to construct apartments with features accessible to persons with disabilities.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:42 pm