Streetbeat News

Corporate Responsibility

AES

The AES Corporation has completed 3.5 GW of renewable energy projects in 2023, which is nearly double the capacity that the company constructed in 2022. This significant increase in renewable capacity highlights AES's growth in the clean energy sector.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:25 pm

GOOG

GOOGL

Alphabet Inc's Google has initiated layoffs impacting 100 employees at YouTube, following a previous reduction of over 1,000 workers across various divisions. The layoffs are part of a strategic effort to focus on key product areas and enhance operational efficiency. Affected employees have a 60-day window to find new roles before termination. Google CEO Sundar Pichai indicated that further job cuts may occur throughout 2024 as part of resource allocation decisions. Alphabet plans to eliminate 12,000 positions globally. GOOG shares traded higher by 0.70% in premarket.

Portfolio Pulse from Anusuya Lahiri

January 18, 2024 | 12:21 pm

VEEV

Veeva Systems announced that over 350 companies have adopted their training solutions to update and modernize their employee qualification processes. This adoption showcases the growing trust and reliance on Veeva's platforms for employee training and development in various industries.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:05 pm

FERG

Ferguson announced a new corporate structure to transition to a U.S. domicile. This move aims to align the company's headquarters and governance with its operations and leadership, which are primarily based in the U.S.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:58 am

AAPL

Apple Inc. (AAPL) has agreed to a $35 million settlement for the iPhone 7 'Loop Disease' class action lawsuit. Eligible U.S. residents who owned an iPhone 7 or 7 Plus between Sept. 16, 2016, and Jan. 3, 2023, and experienced specific audio issues may claim between $50 to $349. Claims must be filed by Jun. 3, 2024, and claimants must have received a notice to be eligible.

Portfolio Pulse from Rounak Jain

January 18, 2024 | 11:47 am

UEC

Uranium Energy Corp has released its FY23 Sustainability Report, outlining its commitment to sustainable mining practices. The company also announced plans to restart uranium production in August 2024, emphasizing its dedication to environmentally responsible operations.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:37 am

TGT

Target Corporation has appointed Michael Fiddelke, its CFO since November 1, 2019, as the new COO effective February 4, 2024. Fiddelke will continue his role as CFO until a successor is appointed.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:33 am

EC

Ecopetrol issued a statement addressing media reports about the Arauca 8 well in Saravena, Arauca. The company clarified details and provided updates on the situation.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:14 am

GT

The Goodyear Tire & Rubber Company announced the appointment of Mark Stewart as the new Chief Executive Officer and President, effective January 29, 2024. This executive change is part of the company's leadership transition plan.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:06 am

WNS

WNS Holdings Limited reported the addition of 8 new clients and the expansion of 32 existing client relationships in the recent quarter, indicating potential growth in revenue and market share.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:02 am