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Corporate Responsibility

SVRE

SaverOne has expanded its collaboration with IVECO, focusing on implementing its Vulnerable Road User Solution to enhance road safety. This partnership aims to integrate SaverOne's technology into IVECO's vehicles, potentially reducing accidents involving vulnerable road users such as pedestrians and cyclists. The collaboration underscores both companies' commitment to leveraging technology for road safety improvements.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:18 pm

ASND

Ascendis Pharma A/S (NASDAQ:ASND) announced that new data on TransCon PTH for treating chronic hypoparathyroidism, showing clinical and quality-of-life improvements, will be presented at ECE 2024. The data includes 2-year results from the Phase 3 PaTHway Trial and outcomes from a compassionate use program.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:17 pm

NSC

Norfolk Southern shares are trading higher after Ancora secured board seats, although shareholders voted to retain CEO Alan Shaw. This development suggests investor confidence in the company's current leadership and strategic direction, potentially leading to positive market sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:16 pm

KNW

Know Labs will present results from its clinical study at the 2024 American Association of Clinical Endocrinology Annual Meeting, showcasing the accuracy and medical application of its proprietary sensor.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:16 pm

ALK

BA

Boeing Co faces another setback as a Boeing 737-300 aircraft, operated by Transair for Air Sénégal, crashed during takeoff in Senegal, injuring 11. This adds to Boeing's recent troubles, including regulatory scrutiny after a door panel incident on an Alaska Air flight and whistleblower complaints. Boeing's shares dropped 0.30% in premarket trading.

Portfolio Pulse from Akanksha Bakshi

May 09, 2024 | 1:15 pm

GOLD

Barrick Gold's CEO, Mark Bristow, argues that mergers and acquisitions won't solve the copper shortage, emphasizing the need for new copper discoveries and developments. He comments on the limitations of M&A in the context of BHP's proposed $39 billion takeover of Anglo American. Bristow highlights Barrick Gold's focus on developing its copper assets independently, particularly the Reko Diq project in Pakistan, which is expected to significantly contribute to the local economy and create thousands of jobs.

Portfolio Pulse from Stjepan Kalinic

May 09, 2024 | 1:02 pm

NSC

At the annual meeting, shareholders of Norfolk Southern Corporation voted to retain CEO Alan Shaw, demonstrating confidence in his leadership.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:59 pm

MNMD

Mind Medicine (MindMed) Inc. presented new studies at ISPOR 2024, demonstrating the significant economic and societal impact of Generalized Anxiety Disorder (GAD) in the U.S. The studies, based on data from the 2022 National Health and Wellness Survey, showed that GAD increases healthcare costs, decreases work productivity, and lowers health-related quality of life. The impact is more severe in undiagnosed cases. MindMed is developing novel treatments for GAD and other brain health disorders.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:56 pm

NSC

Preliminary voting results from the 2024 Annual Meeting indicate that Ancora has successfully secured board seats for its nominees, signaling a significant shift in leadership and strategy for the company. Shareholders showed a lack of support for current board members including Amy Miles, Jennifer Scanlon, and John Thompson, and CEO Alan Shaw received a vote of no confidence with barely 50% support. This development underscores Ancora's ongoing campaign for changes at the company, especially in light of the upcoming government report on the East Palestine derailment and toxic burn.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:55 pm

KWR

Quaker Houghton announced the appointment of Tom Coler as CFO effective June 10, 2024, succeeding Shane Hostetter. Hostetter will leave to pursue other opportunities but will remain until August 4, 2024, for a smooth transition. CEO Andy Tometich praised both Coler's financial leadership and Hostetter's contributions to the company's growth and strategic initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:54 pm