Streetbeat News

Corporate Responsibility

MRT

Marti Technologies, Inc. (NYSE:MRT) has appointed Deniz Terlemez as the new Interim Chief Financial Officer, effective November 1, 2024. Terlemez, previously the Finance Director, succeeds Oguz Erkan.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 9:05 pm

LGMK

LogicMark, Inc. has adopted a Shareholder Rights Agreement with Nevada Agency and Transfer Company to protect shareholder rights and long-term value. This move is in response to Winvest Investment Fund Management Corp.'s claims of owning 67% of LogicMark's stock and attempts to change company bylaws, which LogicMark disputes.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:47 pm

SAGE

Sage Therapeutics announced the resignation of Kimi Iguchi as CFO and Treasurer, effective October 31, 2024, as part of a company reorganization. The separation agreement includes a release of claims and non-solicitation, non-disclosure, and non-disparagement obligations.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:44 pm

DHI

FOR

Forestar Group Inc. and D.R. Horton, Inc. have entered into an Amended and Restated Stockholder's Agreement, increasing the approval threshold for capital expenditures from $20 million to $45 million. D.R. Horton owns approximately 62% of Forestar's outstanding common stock.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:43 pm

FULT

Fulton Financial Corporation has appointed Richard Kraemer as the new Chief Financial Officer, replacing the retiring interim CFO Betsy Chivinski.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:35 pm

BDMD

Baird Medical Investment Holdings Limited announced the resignation of CFO Mr. Kun Seng Ng, effective November 1, 2024, with Ms. Jie Li stepping in as acting CFO. The resignation was for personal reasons and not due to any disagreements with the company.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 8:05 pm

COST

Costco fleet drivers, represented by Teamsters Local 174, have ratified a short-term contract, aligning its expiration with the Costco National Master Agreement. This strategic move enhances bargaining power for future negotiations. The contract replaces a 401(k) with a defined-benefit pension plan, providing greater security for workers. Despite Costco's 'worker-friendly' image, tensions remain over unionization efforts.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 7:48 pm

MSFT

Microsoft's decision to shut down Arkane Austin, a studio known for games like Redfall and Prey, has been criticized by Arkane's founder, Raphaël Colantonio. The closure is part of a broader reorganization within Microsoft, which includes reducing its gaming division workforce by 1,900 employees. This move has raised questions about the impact on investor relations and the stock market.

Portfolio Pulse from Franca Quarneti

November 01, 2024 | 7:28 pm

ALG

Alamo Group shares are rising following the announcement of cost-saving measures, such as plant consolidations and workforce reductions.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:54 pm

TM

Bob Young, Toyota Motor North America's head of purchasing, will step down early next year. Young was instrumental in helping Toyota surpass General Motors in U.S. sales in 2021.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 6:51 pm