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Corporate Responsibility

DIS

Disney CEO Bob Iger announced at the Morgan Stanley's Technology, Media & Telecom Conference that a new Avatar-themed land is coming to Disneyland in California. This expansion aligns with Disney's strategy to leverage popular franchises to enhance park experiences and drive visitor numbers.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:12 pm

C

Citi CEO Jane Fraser announced that the bank's reorganization will be completed by the end of March, slightly ahead of expectations, during the RBC Capital Markets Conference.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:10 pm

DIS

Disney CEO Bob Iger addressed concerns about audience fatigue regarding Marvel movies at the MS Conference, asserting that the focus remains on producing great films. He emphasized the company's commitment to achieving creative excellence and improving the bottom line.

Portfolio Pulse from Charles Gross

March 05, 2024 | 6:44 pm

DIS

Disney CEO Bob Iger, at the Morgan Stanley Conference, emphasized the company's commitment to maintaining its relationship with the NBA, indicating it as a strategic goal.

Portfolio Pulse from Charles Gross

March 05, 2024 | 6:43 pm

HHS

Harte-Hanks has acknowledged the significant impact that the cyber attack on Change Healthcare has had on healthcare operations nationwide. The company announced immediate measures that the Centers for Medicare & Medicaid Services (CMS) are implementing to assist healthcare providers in continuing to serve patients amidst these challenges.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:40 pm

ACN

Accenture (NYSE:ACN) is set to acquire Udacity, an EdTech leader known for its digital education in technology, data, and AI. This acquisition aims to enhance Accenture LearnVantage by integrating Udacity's proprietary content, expert services, and scalable learning technology. Udacity's team of over 230 professionals will join Accenture, bringing their expertise to Accenture's clients. The terms of the transaction were not disclosed, and the completion is subject to customary closing conditions, including antitrust clearances.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 4:13 pm

SBUX

The Strategic Organizing Center (SOC), a Starbucks Corporation (NASDAQ:SBUX) shareholder, has withdrawn its director nominations following a breakthrough in labor relations between Starbucks and Workers United. This decision was influenced by a recent agreement aimed at improving collective bargaining, resolving litigation, and facilitating a fair process for worker organization. The SOC views this as significant progress in Starbucks' labor relations strategy, benefiting all stakeholders. Meanwhile, proxy advisory firms ISS and Glass Lewis have recommended voting for Starbucks' director nominees at the upcoming Annual Meeting of Shareholders.

Portfolio Pulse from Shivani Kumaresan

March 05, 2024 | 3:41 pm

ROST

Ross Stores, Inc. (NASDAQ:ROST) is set to announce its Q4 earnings on March 5, 2024, with expectations of earnings at $1.65 per share, up from $1.31 per share year-over-year, and revenue projected at $5.81 billion, up from $5.21 billion. Karen Fleming was named President and Chief Merchandising Officer of dd's DISCOUNTS, a subsidiary, effective April 1, 2024. The stock closed up 0.2% at $149.96. Analysts from UBS, Wells Fargo, BMO Capital, Gordon Haskett, and TD Cowen have provided updates on their ratings and price targets for Ross Stores.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 3:02 pm

TSLA

The head of Tesla's Berlin factory reported that both power lines into the facility were damaged, according to Reuters. This incident could potentially impact production capabilities and timelines at one of Tesla's key manufacturing sites.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:47 pm

BTTX

Better Therapeutics (BTTX) has announced a partnership with the American College of Lifestyle Medicine to expand access to its AspyreRx program across 1,400 Federally Qualified Health Centers. This initiative aims to offer one million prescriptions for AspyreRx to patients in underserved communities, targeting those disproportionately affected by type 2 diabetes.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:30 pm