Streetbeat News

Corporate Responsibility

KPLT

Katapult Holdings, Inc. (NASDAQ:KPLT) has launched Katapult Layoff Insurance, powered by Harmonic, offering up to $2,000 in cash benefits for customers facing involuntary job loss. This initiative aims to provide financial security for nonprime consumers, highlighting Katapult's commitment to supporting its customer base.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:10 pm

AZ

A2Z Smart Technologies Corp. has provided an update on its corporate developments and the readiness of its Cust2Mate Smart Cart deployment.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:06 pm

TROX

Tronox has entered into a long-term power purchase agreement with NOA Group for approximately 497 GWh of renewable wind and solar energy. The project, expected to be fully implemented by the end of 2027, aims to reduce Tronox's global Scope 1 & 2 greenhouse gas emissions by 12%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:26 am

INVE

Identiv's Thailand production plant has been awarded ISO 9001 and ISO 14001 certifications, confirming its adherence to quality and environmental standards. This achievement is notable given the facility's short operational period of less than 12 months. Identiv's Singapore facility also renewed its ISO certifications through 2026.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:21 am

PM

TSLA

USXF

Elon Musk and Cathie Wood criticize S&P Global's ESG score for Tesla, which is significantly lower than that of Philip Morris. Musk calls ESG a 'corrupted lie,' while Wood finds the scoring 'ridiculous.' The iShares ESG Advanced MSCI USA ETF (USXF) saw a 2.01% increase.

Portfolio Pulse from Shanthi Rexaline

June 06, 2024 | 11:07 am

FREY

Freyr Battery has announced significant leadership changes. Co-founder and current Board Chairperson Tom Jensen has been appointed as CEO, while current Director Daniel Barcelo will become the next Chair of the Board. Additionally, Evan Calio has been appointed as the new CFO.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:01 am

DG

Dollar General has strengthened its partnership with the American Red Cross by donating $250,000 to support disaster preparedness, response, and recovery efforts. Since 2001, the company has contributed over $8.5 million in corporate donations and in-store collections to the Red Cross.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:59 am

LULU

VFC

Lululemon Athletica Inc. (NASDAQ:LULU) shares surged by 8% in premarket trading following the release of its first-quarter financial results. The company reported a 6% increase in comparable sales year-over-year and announced plans to expand its overseas market share. Despite mixed margin performance and soft Q2 guidance, Lululemon authorized a $1 billion increase in its stock repurchase program. Concerns arose due to the departure of the product chief, but no further senior management restructuring is expected.

Portfolio Pulse from Nabaparna Bhattacharya

June 06, 2024 | 10:56 am

PSN

Parsons Corporation has been awarded the Yukon Regional Business Sustainability Award for its Faro Mine Remediation Project in Yukon, Canada. This recognition highlights the company's commitment to environmental sustainability and effective project management.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:37 am

NET

Cloudflare announced that its Project Galileo, which offers free protection against DDOS attacks to at-risk public interest groups, now safeguards over 2,600 organizations in 111 countries.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:12 am