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Corporate Responsibility

SMFL

Smart For Life has completed its restructuring program, which is expected to enhance its financial stability.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 6:58 am

TSLA

Tesla Inc. (NASDAQ:TSLA) is offering tours of its Giga Texas factory to select shareholders who vote on CEO Elon Musk's rescinded $56 billion pay package. The vote will also determine if Tesla's state of incorporation will move from Delaware to Texas. The results will be announced at the annual shareholder meeting on June 13. Morgan Stanley analyst Adam Jonas predicts material volatility in Tesla's stock due to the meeting.

Portfolio Pulse from Anan Ashraf

May 29, 2024 | 5:48 am

AAL

American Airlines Group Inc (NASDAQ:AAL) shares are trading lower after hours following the announcement of the departure of its executive vice president and a lowered guidance for the second quarter. The company reduced its adjusted earnings forecast and adjusted operating margin, and expects a decline in total revenue per available seat mile.

Portfolio Pulse from Adam Eckert

May 28, 2024 | 9:21 pm

XPER

Rubric Capital Management LP, which owns approximately 9.0% of Xperi's outstanding shares, has issued an open letter to stockholders expressing disappointment with the preliminary results of the 2024 Annual Meeting of Stockholders.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 9:06 pm

AVNW

Aviat Networks has appointed Michael C. Connaway as Senior Vice President and CFO, effective immediately. Connaway will also serve as the Principal Financial Officer.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 9:02 pm

WHD

Cactus, Inc. has appointed Jay Nutt as Executive Vice President, CFO, and Treasurer, effective June 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 9:01 pm

KMT

Kennametal's production facility in Rogers, AR, sustained damage from a tornado early Sunday morning. The facility was shut down for the holiday weekend, and no employees were onsite. The extent of the damage is currently being assessed.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:38 pm

AAL

American Airlines has announced that its Executive Vice President and Chief Commercial Officer, Vasu Raja, will be departing the company in June.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:31 pm

NBIX

Neurocrine Biosciences shares are trading lower following the announcement that CEO Kevin Gorman will retire, with Kylo Gano appointed as his successor.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:30 pm

OCN

Ocwen Financial Corporation has received shareholder approval to rebrand as Onity Group Inc. The new name and NYSE trading symbol 'ONIT' are expected to be effective on June 10, 2024. Additionally, PHH Mortgage will rebrand to Onity Mortgage in the fall of 2024.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:25 pm