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Corporate Responsibility

INTC

Intel Corp (NASDAQ:INTC) shares rose after signing a preliminary memorandum for up to $8.5 billion in funding under the CHIPS and Science Act for semiconductor projects. The deal includes options for federal loans up to $11 billion and potential tax credits for investments over $100 billion. This funding aims to bolster U.S. semiconductor innovation and supply chain resilience, with Intel planning significant job creation and multiple projects across states.

Portfolio Pulse from Adam Eckert

March 20, 2024 | 1:19 pm

ZM

Zoom has announced the launch of Zoom Compliance Manager, a new tool aimed at helping businesses manage their compliance with various regulations. This move is part of Zoom's ongoing efforts to enhance its platform's security and compliance features, making it more attractive for corporate and enterprise clients.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 1:08 pm

ALSN

The New Orleans Regional Transit Authority (RTA) has chosen New Flyer's electric hybrid buses equipped with Allison's eGen Flex system. This decision marks a significant step towards sustainable public transportation in New Orleans.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:54 pm

HLLY

Holley has announced a strategic rebranding to Holley Performance Brands, aiming to accelerate growth by leveraging its portfolio of iconic brands to drive innovation and engagement in key consumer verticals.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:52 pm

SILO

Silo Pharma has exercised an option for an exclusive license agreement to develop, manufacture, and commercialize a first-in-class therapeutic for PTSD and stress-induced anxiety. This move marks a significant step in the company's efforts to address mental health issues with innovative solutions.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:32 pm

BIO

Bio-Rad Laboratories, Inc. has announced the appointment of Roop Lakkaraju as its new Executive Vice President and Chief Financial Officer (CFO), effective April 15, 2024. This strategic move aims to strengthen the company's leadership team and financial operations.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:31 pm

TSHA

Taysha Gene Therapies shares surged following the announcement of improved FY23 EPS results and updates on corporate and clinical developments.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:29 pm

ACHV

Achieve Life Sciences announced that data from its Cytisinicline ORCA Program will be presented at the 2024 Society for Research on Nicotine and Tobacco Annual Meeting. This could indicate significant progress in their research and development efforts, potentially impacting the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 12:24 pm

BA

Edward Snowden expressed concerns over the death of Boeing whistleblower John Barnett, who was found dead after providing crucial testimony. Barnett's death, ruled as self-inflicted, has raised speculation and concerns, especially given Boeing's ongoing legal troubles and the negative impact on its stock value and leadership reputation.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 12:18 pm

LFCR

Lifecore Biomedical's Board of Directors, after evaluating strategic alternatives, has decided that continuing with the company's standalone strategic plan is the best way to maximize stockholder value at this time.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 11:57 am