Streetbeat News

Corporate Responsibility

NEXI

NexImmune Inc has announced the appointment of Albert N. Marchio II as the Interim Chief Financial Officer (CFO), according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:11 pm

RDCM

RADCOM Ltd. (NASDAQ:RDCM) announced the appointment of Mr. Hilik Itman as interim CEO, effective April 7, 2024, replacing Guy Shemesh who is stepping down due to personal reasons. Itman, previously COO and with 27 years at RADCOM, is tasked with leading the company during its search for a permanent CEO. The company aims to continue its focus on profitability and growth, maintaining the positive momentum of the past four years.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:08 pm

CBRG

Roger Lazarus, the CFO of Chain Bridge I, has resigned effective immediately, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:05 pm

SPY

President Biden has committed his administration to ensuring that those responsible for the Baltimore Bridge collapse will bear the costs of repairing the damage. This statement underscores the government's stance on accountability for infrastructure failures.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:34 pm

CRH

CRH has acquired BoDean Company Inc. and Northgate Ready Mix, LLC, marking its first entry into the California market. These acquisitions add significant resources to CRH's Materials Solutions business, including two aggregates quarries, two ready mixed concrete plants, one asphalt plant, and one recycle plant, enhancing its offerings in Northern California. The move is part of CRH's strategy to capitalize on the construction market in California, one of the largest in the U.S., and to provide integrated solutions to customers with a focus on quality, innovation, and sustainability.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 7:13 pm

MRNA

Moderna, Inc. (NASDAQ:MRNA) showcased its expanding vaccine portfolio during its fourth annual Vaccines Day, highlighting progress in developing vaccines against various pathogens. The event covered updates on key vaccine programs, including the CMV and EBV vaccines, and discussed the commercial potential of its respiratory portfolio, estimated at $27 billion per year. Moderna also emphasized its innovative use of AI in vaccine development and outlined its financial strategy, including a focus on reinvesting in the business and exploring project financing options.

Portfolio Pulse from Tornado

April 05, 2024 | 6:26 pm

BTTR

Better Choice Company (BTTR) announced changes to its board on April 3, 2024. Lionel F. Conacher was appointed as the Chairperson of the Board's Nominating and Governance Committee, replacing Arlene Dickinson. Additionally, Kent Cunningham, the company's CEO, was appointed as a Director of the company, effective immediately.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:11 pm

ROKU

Roku Inc (NASDAQ:ROKU) has patented a technology to display ads during pauses in movies or games on TVs, aiming to monetize idle screen time. This expands their ad space beyond the Roku City screensaver, potentially inserting ads into third-party content via HDMI. The system is designed to activate only during pauses to minimize user disruption. Roku's move follows a year where it reported a $40 million loss on hardware but earned $1.6 billion from ads and services.

Portfolio Pulse from Franca Quarneti

April 05, 2024 | 6:09 pm

SPY

The Biden Administration is developing a preliminary climate model for Sustainable Aviation Fuel (SAF) subsidies, which will be more restrictive for ethanol producers than anticipated. Ethanol will not automatically qualify as an SAF feedstock under this model unless it is produced from corn that utilizes one of three specific sustainable agriculture techniques. The model may be expanded later in the year.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 6:07 pm

PG

Procter & Gamble (NYSE:PG) has initiated a voluntary recall of approximately 8.2 million units of Tide Pods, Gain Flings, Ace Pods, and Ariel Pods in the U.S. due to a packaging flaw that could lead to potential injury if ingested. The recall affects products manufactured between September 2023 and February 2024. Despite no confirmed injuries, there have been four reports of children accessing the packets. PG is offering refunds and replacement child-resistant bags. PG shares rose 0.58% to $156.35 following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

April 05, 2024 | 6:00 pm