Streetbeat News

Corporate Responsibility

ATAI

atai Life Sciences has announced the appointment of Anne Johnson as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 10:04 pm

VFC

VF Corp announced that CFO Matt Puckett will be stepping down later this year, as revealed during a conference call.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:57 pm

SPGI

S&P Global announced the launch of an AI-enabled search feature on the S&P Global Marketplace, designed to enhance data and solution discovery through natural language queries and recommendations. Developed in partnership with Kensho, this feature aims to transform customer interaction with S&P Global's offerings. The initiative is part of S&P Global's broader strategy to integrate AI across its operations, leveraging Kensho's AI capabilities and enhancing platforms like S&P Capital IQ Pro.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:46 pm

ENPH

Enphase Energy announced during a conference call that it anticipates having the capability to manufacture IQ batteries in the US by the third quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:41 pm

CVX

FLR

Fluor Corporation (NYSE:FLR) has entered into a license agreement with Chevron New Energies, a division of Chevron Corporation (NYSE:CVX), to implement Fluor's Econamine FG PlusSM carbon capture technology at Chevron's Eastridge Cogeneration facility in Kern County, California. This technology is expected to reduce the facility's CO2 emissions by approximately 95%. The license award was recognized by Fluor in the fourth quarter. Fluor will also provide a process design package, proprietary equipment, and technical support for the project.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:40 pm

EXC

Exelon (EXC) announces leadership changes: Mike Innocenzo is named Chief Operating Officer, Dave Velazquez will become President and CEO of PECO, and Denise Galambos will succeed Amy Best as Chief Human Resources Officer. Innocenzo will oversee utility operations and report to Exelon's CEO, Calvin Butler. Velazquez, with over 40 years of utility experience, will lead PECO, serving millions in Pennsylvania. Galambos, with a background in customer operations and HR at BGE, steps into her role as Exelon focuses on DEI and a cleaner future.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:34 pm

PRU

Yanela Frias, currently serving as the President of Group Insurance at Prudential, has been appointed as the company's CFO, effective March 15.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:20 pm

F

Ford's CFO, John Lawler, announced that the company's strong cash flow and disciplined capital allocation strategy will support significant investments in the Ford+ plan. Additionally, Ford aims to return value to shareholders by targeting distributions of 40% to 50% of its adjusted free cash flow.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:10 pm

ALL

ERIE

FNF

IAK

KBWP

KIE

KMPR

PGR

ZURVY

Deadly floods in Southern California have caused at least three deaths, widespread destruction, and a state of emergency. The floods have exacerbated the insurance crisis in the state, with insurers like Allstate Corp, State Farm, and Kemper Corp reducing their presence due to high costs from natural disasters. Despite the crisis, insurance stock prices and ETFs like SPDR S&P Insurance ETF, iShares US Insurance ETF, and Invesco KBW Property & Casualty Insurance ETF have shown minimal impact.

Portfolio Pulse from Natan Ponieman

February 06, 2024 | 9:10 pm

F

Ford has made a strong statement about the future of electric vehicles (EVs), emphasizing that EVs are a permanent part of the automotive landscape, with growing customer adoption and significant long-term potential. This perspective is a key component of Ford's strategic plan, Ford+.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 9:10 pm