Streetbeat News

Corporate Responsibility

BNBUSD

President Joe Biden praised Nigerian President Bola Tinubu for his role in the release of Binance executive Tigran Gambaryan. The release followed the dropping of money laundering charges against Gambaryan by the Nigerian government. This diplomatic effort highlights the cooperation between the U.S. and Nigeria in law enforcement and finance.

Portfolio Pulse from Aniket Verma

October 30, 2024 | 5:15 am

BHR

Blackwells Capital has urged Brancous to cease its negative public attacks on Braemar Hotels, suggesting that such actions are not constructive and could harm the company's business.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:33 pm

USAC

USA Compression Partners announced that Christopher M. Paulsen will join the company as its new CFO on November 18, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:06 pm

PRO

PROS Holdings, Inc. announced the planned retirement of its President & CEO, Andres Reiner. The Board is executing a succession plan and searching for a new CEO with the help of an executive search firm. Reiner will remain until a successor is found and will advise for 12 months thereafter.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:43 pm

CBRL

Cracker Barrel has issued a presentation outlining its strategic transformation plan aimed at driving growth and profitability. The company warns shareholders about the risks posed by Sardar Biglari and Milena Alberti-Perez to shareholder value and urges them to vote for Cracker Barrel's recommended nominees.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:40 pm

NRDS

NerdWallet's CFO, Lauren StClair, will resign effective March 7, 2025, but will remain until her departure to ensure a smooth transition.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:38 pm

GPRO

GoPro has approved an updated restructuring plan that includes a 26% workforce reduction, resulting in an expected charge of $15.5M-$18.5M.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:24 pm

DCI

Donaldson Company announced that CFO Scott Robinson will retire on October 31, 2024, and Brad Pogalz will take over the role.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:20 pm

TCEHY

UBSFF

Tencent Holdings ADR denied rumors of layoffs and restructuring, while announcing leadership changes. The company clarified that no widespread job cuts are planned, and its subsidiary TiMi Studio Group is actively recruiting. Tencent is also in talks with Guillemot Brothers Ltd. regarding Ubisoft Entertainment SA, potentially leading to a buyout.

Portfolio Pulse from Franca Quarneti

October 29, 2024 | 7:03 pm

SONY

Sony Group Corp.'s PlayStation unit is closing Firewalk Studios, the developer of the unsuccessful game 'Concord', and Neon Koi, a mobile game studio that hasn't released any games.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 6:48 pm