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Corporate Responsibility

UNH

UnitedHealthcare has initiated a program in collaboration with Audubon Area Community Care Clinic and Girls Inc. to educate individuals about Type 2 Diabetes, implement preventive measures, and improve disease management. This initiative is part of UnitedHealthcare's broader efforts to address chronic health conditions and improve public health outcomes.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:15 pm

ALLG

Allego N.V. (NYSE:ALLG), a leading pan-European electric vehicle charging network, announced the departure of its CFO, Ton Louwers, effective June 30, 2024. Louwers is leaving to pursue new opportunities after helping take the company public and improving its financial and operating performance. Allego has begun an external search for a new CFO. CEO Mathieu Bonnet praised Louwers for his contributions, especially in professionalizing the finance function and navigating challenges pre and post-IPO.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:12 pm

DOCU

DocuSign shares are trading lower following the announcement of a restructuring plan that includes a 6% reduction in its workforce.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:10 pm

DOCU

DocuSign has announced a restructuring plan that includes a 6% reduction in its workforce, primarily affecting the sales and marketing organizations. The company estimates that this will result in charges of between $28 million and $32 million.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:09 pm

RLYB

Rallybio announced a strategic portfolio prioritization focusing on Phase 2-ready programs RLYB212 and RLYB116, alongside a 45% workforce reduction aimed at extending its cash runway into mid-2026.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:06 pm

INVZ

Innoviz Technologies has received the IATF 16949:2016 certification for its design and assembly of Lidar, Perception SW, and Lidar solutions, reinforcing its status as a reliable Tier-1 supplier.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:04 pm

IRIX

Iridex Corporation (NASDAQ:IRIX) announced the grant of a European Patent EP 3009093 for its MicroPulse technology, enhancing laser treatments in ophthalmology. This technology minimizes risks associated with traditional laser treatments and is exclusive to Iridex, reinforcing its position in the market.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:03 pm

MYNZ

Mainz Biomed has announced the opening of a new oncology lab in Europe, aimed at enhancing its capabilities in cancer diagnostics and research. This expansion is expected to bolster Mainz Biomed's position in the oncology sector, potentially leading to increased demand for its services and products.

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 1:02 pm

HYZN

Hyzon Motors Inc. (HYZN) and New Way Trucks have entered into a Joint Development Agreement to develop a hydrogen fuel cell powered refuse truck for the North American market. This collaboration aims to leverage Hyzon's expertise in hydrogen fuel cell technology and New Way's position in the refuse vehicle sector to introduce zero-emission heavy-duty fuel cell electric vehicles (FCEVs).

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:37 pm

BA

SPR

SPY

The FAA's Whitaker has emphasized the need for permanent inspectors at Spirit AeroSystems, in addition to Boeing, to ensure compliance and safety standards are met, as reported by CNBC.

Portfolio Pulse from Charles Gross

February 06, 2024 | 12:23 pm