Streetbeat News

Corporate Responsibility

DAR

Darling Ingredients has announced plans to reduce emissions from wastewater treatment plants at some of its rendering facilities. This initiative is part of the company's ongoing efforts to improve environmental sustainability.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:49 pm

IOSP

Innospec's Performance Chemicals business has entered into a social partnership with the International Justice Mission.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:46 pm

DD

DuPont has announced a plan to separate into three independent companies within 18-24 months. The company is evaluating capital structures and the impact on $7.8 billion in outstanding senior notes. Additionally, DuPont has delivered a notice for the partial redemption of $650 million in 2038 notes and expects to address other senior notes through various transactions.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:34 pm

CNA

CNA Financial Corporation (NYSE:CNA) has announced that Doug Worman will become President and CEO starting January 1, 2025. Dino E. Robusto, the current Chairman and CEO, will transition to the role of Executive Chairman.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:33 pm

BNED

IMMR

Barnes & Noble Education shareholders have approved significant equity and refinancing transactions aimed at strengthening the company's balance sheet. The company will receive $95 million in new equity capital through a $50 million equity investment and a $45 million fully backstopped equity rights offering led by Immersion Corporation. Additionally, approximately $34 million of second lien debt will be converted to equity. Shareholders also approved seven directors to serve on the board.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:32 pm

CXM

Sprinklr announced that the changes and initiatives it is implementing will take several quarters to show results. This indicates a long-term strategy and potential delayed impact on financial performance.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:17 pm

CXM

Sprinklr has appointed Trac Pham as Co-CEO, effective immediately. Pham will continue to serve on the Board and is up for reelection at the 2024 annual meeting. He will partner with Founder and Co-CEO Ragy Thomas to drive growth and scale.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 8:07 pm

AMC

AMC announced the results of its shareholder votes at the annual meeting. The proposal to declassify the board failed, but three directors were elected to the board.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:26 pm

RIOT

Riot Blockchain disputes the conclusions of a Kerrisdale Capital report criticizing the Bitcoin mining industry and Riot itself. The company believes its 2024 growth plans and financial performance will prove the report's errors.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:15 pm

AGL

Agilon Health shares are trading higher after the company appointed Schwaneke as CFO.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 5:58 pm