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Corporate Responsibility

HHH

Howard Hughes Holdings (HHH) announces Scot Sellers as the new Chairman, succeeding Bill Ackman who is retiring. Pershing Square remains a major shareholder, with Ben Hakim nominated to replace Ackman on the board.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:30 am

AMLX

Amylyx Pharmaceuticals announced a workforce reduction of about 70% to concentrate on key clinical and preclinical programs, extending its cash runway into 2026.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:17 am

AMLX

Amylyx Pharmaceuticals announced its intention to remove Relyvrio/Albrioza from the market, affecting new patients immediately. Current patients in the U.S. and Canada can continue their treatment through a free drug program. The PHOENIX Open Label Extension study is still ongoing.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:16 am

ENS

EnerSys has been awarded by the U.S. Department of Energy's Better Plants Program for the implementation of the Sovema Cold Cube Cutting System. This marks the second award EnerSys has received from the DOE in two years, highlighting its commitment to energy efficiency and innovation.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:12 am

GRYP

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) announced its March 2024 operational update, highlighting the production of approximately 45 bitcoin, valued at around $3.1 million. The company, which operates on 100% renewable energy, achieved a new record in average self-mining hashing power of 912 PH/s and a bitcoin efficiency of 49 BTC/EH. Gryphon also initiated a machine upgrade program with the purchase of Bitmain S21 200 TH/s machines and reported having 59 bitcoin in its treasury as of March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:09 am

VIAO

VIA optronics AG announced the resignation of CFO Markus Peters, effective March 31, 2024. Bernd Wagner, appointed Interim CFO in November 2023, will continue overseeing the finance department and the filing of financial statements.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:35 am

EXAS

Exact Sciences has announced a collaboration with Mayo Clinic to offer comprehensive genomic profiling and hereditary cancer tests to patients. This initiative will enhance the data available for cancer research and patient care at Mayo Clinic. Patients participating will consent to the tests and data sharing, and will receive personal copies of their results.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 10:08 am

META

NFLX

Elon Musk criticized Meta Platforms Inc. (META) following a recent outage of Facebook, Instagram, and WhatsApp, attributing it to the company's alleged distraction with selling user data. This incident comes amid allegations and court filings accusing Meta of sharing user data with Netflix (NFLX) and other privacy concerns. Meta has denied these allegations.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 9:32 am

META

Instagram, owned by Meta Platforms Inc. (NASDAQ:META), is reviving its cash bonus program for creators, now including photo content alongside videos. The 'Spring Bonus' program, invite-only and available in the U.S., Japan, and South Korea, offers up to $30,000 over 30 days for engagement on reels, photo carousels, and single-image posts. This move aims to compete with TikTok and address creator discontent with previous platform updates.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 8:51 am

GRFS

Grifols has received the CE mark for its Procleix ArboPlex Assay, an in vitro nucleic acid test that detects four types of arboviruses. This milestone underscores Grifols' leadership in transfusion medicine and its commitment to enhancing the safety of the global blood supply. The development is particularly significant given the increasing threat of arboviruses due to climate change and global connectivity.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 8:13 am