Streetbeat News

Corporate Responsibility

AUPH

ILJIN SNT Co., Ltd has announced its intention to vote against Aurinia Pharmaceuticals's revised equity incentive plan proposal.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 3:48 pm

LL

F9 Investments criticizes LL Flooring's board for poor performance, noting a 93% stock price drop over three years. F9 nominates Tom Sullivan, Jason Delves, and Jill Witter to restore value and urges shareholders to vote for these nominees.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 3:43 pm

YEXT

Yext has reportedly hired investment bankers to explore strategic alternatives, including a potential sale, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:01 pm

GL

Viceroy Research has issued a report on Globe Life, highlighting serious governance issues within its subsidiary, American Income Life (AIL). The report alleges that terminated agents continue to work for AIL, engaging in fraudulent activities and misconduct, including sexual assault and pretending to be licensed physicians.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:30 pm

EBTC

Enterprise Bank has appointed Steven Larochelle as the new CEO, succeeding John 'Jack' Clancy Jr.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:01 pm

SMTC

Semtech shares are trading lower after the company announced the appointment of a new President and CEO and reaffirmed its Q2 2025 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:00 pm

SMTC

Semtech Corporation has appointed Dr. Hong Q. Hou as the new President and CEO, following the departure of Paul H. Pickle. The company also reaffirmed its Q2 2025 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:37 pm

ASO

Top Wall Street analysts have updated their expectations for Academy Sports and Outdoors (NASDAQ:ASO) ahead of its second-quarter earnings release. Analysts predict earnings of $1.24 per share, down from $1.30 last year, and revenue of $1.38 billion. The company recently declared a quarterly dividend and added Scott Boatwright to its Board of Directors. Analyst ratings remain largely positive, with price targets ranging from $65 to $83.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 12:29 pm

AQB

AquaBounty Technologies, Inc. (NASDAQ:AQB) has appointed David F. Melbourne Jr. as the new President and CEO, while Sylvia Wulf will continue as the non-executive Board Chair.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:08 pm

BX

EMR

GAST

MAKX

Emerson Electric Co. (NYSE:EMR) is selling its remaining stake in the Copeland joint venture to Blackstone Inc. (NYSE:BX) for $3.5 billion. The deal, expected to close in the second half of 2024, will help Emerson focus on automation and reduce debt. Investors can gain exposure to Emerson through ProShares S&P Kensho Smart Factories ETF (NYSE:MAKX) and Gabelli Automation ETF (NYSE:GAST).

Portfolio Pulse from Lekha Gupta

June 07, 2024 | 12:03 pm