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Corporate Responsibility

CYTK

Cytokinetics, Incorporated (NASDAQ:CYTK) announced its participation in a virtual fireside chat at the Oppenheimer 34th Annual Healthcare Life Sciences Conference, scheduled for February 13, 2024. The event will feature Robert I. Blum, President and CEO, and can be accessed via the company's website. Following the event, a replay will be available for 90 days.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:15 pm

MSFT

Microsoft introduces new data and AI solutions in its Cloud for Sustainability, aimed at helping organizations advance their sustainability efforts. These solutions include Microsoft Fabric, an analytics platform for sustainability data, and AI capabilities in Microsoft Sustainability Manager for better decision-making and reporting. The offerings are designed to accelerate sustainability progress by providing faster insights, reducing workloads, and improving data management. Notably, Södra and Allegiant Stadium are already leveraging these solutions for enhanced sustainability practices and operations.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 4:05 pm

NVDA

RENB

Renovaro Biosciences Inc (NASDAQ:RENB) shares plummeted nearly 30% following a Hindenburg Research report. The report exposed co-founder Dr. Serhat Gumrukcu's criminal charges and fraudulent activities, including faked clinical data. Despite these revelations, Renovaro proceeded with a questionable merger with GEDi Cube, an AI company with no operational history. Key executives resigned without proper disclosure, and a supposed partnership with Nvidia Corporation (NASDAQ:NVDA) was criticized. The company now faces allegations of securities law violations and governance issues.

Portfolio Pulse from Vandana Singh

February 13, 2024 | 4:01 pm

BA

Boeing's CFO announced that documentation and analysis for the Max 7 are nearing completion, with three dedicated teams working on the Max 7, Max 10, and an anti-ice system fix. The company is prepared to hold more inventory from the 737 supply chain if needed, as stated during an investor conference.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:57 pm

BA

Boeing's CFO announced at an investor conference that the company aims to achieve a steady production rate of 38 737 aircraft per month in the second half of 2024. Currently, Boeing is cycling production at this rate but has to periodically slow the line.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:52 pm

BA

During an investor conference, Boeing's CFO stated that the company would respect any decision to maintain its current production rates. This statement indicates Boeing's readiness to adapt to external demands or constraints on its production capabilities.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:50 pm

CSX

CSX Corp has announced temporary rerouting of trains and service adjustments due to a ten-car derailment in Morgan County, West Virginia, on February 12. There were no injuries, and no hazardous materials were spilled.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:21 pm

ECL

FREE

JBLU

Ecolab Inc. reported better-than-expected Q4 financial results, leading to a 6.4% rise in its shares. Other stocks like Whole Earth Brands, Larimar Therapeutics, and JetBlue Airways also saw significant gains due to various positive developments. The overall market, however, was down with the Dow Jones index dropping over 500 points.

Portfolio Pulse from Avi Kapoor

February 13, 2024 | 3:09 pm

NFLX

Former Netflix CEO Marc Randolph emphasizes work-life balance as a key to long-term success, sharing his practice of leaving work at 5 p.m. every Tuesday to spend time with his best friend. Despite Netflix's impressive growth to 260 million subscribers and a market cap of over $240 billion, Randolph measures success by his ability to maintain personal relationships and pursue passions outside of work. The article also highlights the volatility of Netflix's stock, with significant drops in 2011 and between October 2021 and May 2022, underscoring the importance of diversification for investors.

Portfolio Pulse from Caleb Naysmith

February 13, 2024 | 3:00 pm

FBLG

FibroBiologics presented preclinical data at the 2024 Keystone Symposia, focusing on systemic autoimmune and autoinflammatory diseases. This presentation could indicate progress in their research and development efforts, potentially impacting their future prospects.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:34 pm