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HOMB

Home BancShares, Inc. (HOMB) announces management changes, with Kevin Hester named as President of both Home BancShares and Centennial Bank. Stephen Tipton is appointed CEO of Centennial Bank, while John Allison and Tracy French retain their executive roles. These changes come as the company celebrates 25 years in banking.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:39 pm

PLSE

Pulse Biosciences, Inc. (NASDAQ:PLSE) announces leadership changes to support growth, appointing Burke T. Barrett as CEO and Kevin Danahy as Chief Commercial Officer. These changes come as the company prepares for the pilot launch of its FDA-cleared CellFX nsPFA Percutaneous Electrode System.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:31 pm

AZPN

Aspen Technology, Inc. (AZPN) announced Robert Whelan, Jr. as the new Chair of the Board, following Jill Smith's resignation for personal reasons. Whelan, a Board member since 2011 and former Chair, has been instrumental in guiding AspenTech's growth and strategic transactions.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:23 pm

VSEC

VSE Corporation (NASDAQ:VSEC) has initiated an underwritten public offering of its common stock, with the intention to use the proceeds for repaying outstanding borrowings, including those for the acquisition of Turbine Controls, Inc., and for general corporate purposes. The offering includes a 30-day option for underwriters to purchase an additional 15% of the shares.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:18 pm

SYNA

Synaptics has announced the appointment of Ken Rizvi as Senior Vice President and CFO, effective July 15, 2024. This strategic move could signal a new direction in financial strategy and management for the company.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:16 pm

META

Robert F. Kennedy Jr., running as an Independent for the 2024 presidential election, has filed a lawsuit against Meta Platforms (NASDAQ:META), and CEO Mark Zuckerberg, accusing them of suppressing a campaign ad and interfering with the election. Meta claims the ad's removal was accidental and quickly rectified. The lawsuit highlights broader concerns about social media's role in elections and potential biases.

Portfolio Pulse from Chris Katje

May 14, 2024 | 8:10 pm

UUUU

President Joe Biden signed a law banning enriched uranium imports from Russia, aiming to cut off Moscow's war funding in Ukraine and boost North American uranium miners. Energy Fuels (UUUU) sees this as a step towards reducing dependency on Russian nuclear fuel. The law also unlocks $2.7 billion for the U.S. domestic conversion and enrichment supply chain, indirectly benefiting domestic miners.

Portfolio Pulse from Matt Whittaker

May 14, 2024 | 7:07 pm

AMGN

Senator Dick Durbin has accused Amgen (AMGN) of prioritizing profits over patient care by recommending a higher-than-necessary dose for its cancer drug, Lumakras. Durbin's allegations suggest that Amgen's dosing recommendations are not in the best interest of patients, potentially leading to higher costs and increased side effects without additional benefits. This criticism comes amid broader concerns over drug pricing and pharmaceutical practices.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 6:55 pm

EW

Edwards Lifesciences Corporation (NYSE:EW) faces an EU antitrust complaint from Indian competitor Meril, alleging anti-competitive behavior over heart valve patents. This could increase scrutiny from EU regulators, amid broader efforts to ensure competition and affordability in healthcare. Edwards, known for its TAVR device, denies the accusations, citing past legal victories over Meril's Myval system. The European Commission is investigating Edwards' business practices.

Portfolio Pulse from Vandana Singh

May 14, 2024 | 6:33 pm

AMC

GME

IWM

PLUG

SPWR

UUP

Wall Street trades flat amid mixed producer inflation data and anticipation for consumer inflation report. Fed Chair Powell sees prolonged current monetary policy, while President Biden imposes significant tariffs on Chinese imports. The U.S. dollar index and Treasury yields fell, while small caps and meme stocks like GameStop and AMC surged. Commodities saw mixed movements, and Bitcoin dropped. Key ETFs and stocks like Insulet, Plug Power, SunPower, and Delcath Systems reacted to various news, including earnings and significant financial developments.

Portfolio Pulse from Piero Cingari

May 14, 2024 | 5:59 pm