Streetbeat News

Corporate Responsibility

TGT

Target Corp. has decided not to sell LGBTQ-themed merchandise in some of its stores during Pride Month in June, following a backlash that negatively impacted its revenue last year. The company, however, plans to offer the full assortment of these products online. This decision comes after considering store-level data to identify which physical locations will not carry the products.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:39 pm

AAPL

Apple has issued an apology for its iPad Pro 'Crush' advertisement, which was criticized by the creative community for being dismissive. The ad, intended to highlight the iPad Pro's capabilities, was seen as undermining creativity by flattening creative tools under a hydraulic press. Apple's VP of marketing, Tor Myhren, acknowledged the misstep, emphasizing the company's commitment to supporting creatives. The controversy arose shortly after the introduction of the M4-powered iPad Pro, Apple's thinnest product.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:38 pm

DNN

Denison Mines Corp. has appointed Jennifer Traub as the new Chair of its Board, marking a significant leadership change for the company.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:34 pm

GEOS

Geospace Technologies has announced the appointment of Richard Kelley as its new Chief Operating Officer. This strategic move aims to strengthen the company's operational leadership and drive future growth.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 10:07 pm

META

NTDOY

Nintendo ADR (OTC:NTDOY) announced it will end X/Twitter integration on the Switch by June 10, 2024, following similar moves by PlayStation and Xbox. The decision, influenced by X's increased API charges, affects sharing capabilities to X but retains Meta Platforms Inc.'s (NASDAQ:META) Facebook integration. X, despite the change, commits to enhancing the gaming community's experience and continues its partnership with Nintendo.

Portfolio Pulse from Franca Quarneti

May 09, 2024 | 9:59 pm

EVC

Entravision has appointed Mark Boelke as its new CFO. Boelke, with over 30 years of experience in business and legal fields, particularly in media, advertising, and technology, has been with Entravision since 2005, serving as General Counsel and Secretary since 2006. His expertise includes mergers and acquisitions, strategic partnerships, and corporate finance among others.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:47 pm

FNKO

Funko, Inc. (NASDAQ:FNKO) announced the appointment of Cynthia Williams as its new CEO and Board Member, effective May 20, 2024. Williams brings a proven track record in building global consumer brands. Michael Lunsford will continue as Interim CEO until Williams assumes her role.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 8:56 pm

ALTI

AlTi Tiedemann Global has acquired Envoi, a family office managing $3.0 billion in assets, as part of its strategy to expand its ultra-high-net-worth wealth management business. This acquisition follows the purchase of East End Advisors and is supported by up to $450 million in funding from Allianz X and Constellation Wealth Capital. AlTi Global, Inc. (NASDAQ:ALTI) aims to become the leading global independent wealth management platform for the UHNW segment.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 8:53 pm

ANDE

Pat Bowe, the current President and CEO of The Andersons, Inc. (NASDAQ:ANDE), has been elected as the new chairman of the board, succeeding Michael J. Anderson who is retiring. Anderson has been with the company since 1999, serving as chairman since 2009. Bowe, who joined The Andersons in 2015, is recognized for his over 40 years of leadership and strategic insight, promising continued growth and success for the company.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 8:51 pm

SVV

Savers Value Village has announced the appointment of Michael Maher as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 8:30 pm