Streetbeat News

Corporate Responsibility

META

Former President Donald Trump claimed that Mark Zuckerberg, CEO of Meta Platforms Inc., expressed support for him over Democrats in the upcoming election, a claim Zuckerberg has denied. The relationship between Trump and Zuckerberg remains tense, with past threats and criticisms.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 4:14 am

BIIB

LLY

NVDA

Eli Lilly (NYSE:LLY) has appointed Lucas Montarce as its new CFO amid regulatory challenges. The company is under pressure due to potential rejection of its Alzheimer's drug by the NHS and is combating imitation drugs. The stock has surged 53.37% YTD.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 3:01 am

BIIB

BMY

Senator Bernie Sanders criticized the U.S. healthcare system, highlighting the disparity in life expectancy between rich and poor Americans. He emphasized the high cost of healthcare and its financial burden on patients, mentioning companies like Biogen and Bristol-Myers Squibb for their high drug prices.

Portfolio Pulse from Benzinga Neuro

September 10, 2024 | 2:12 am

UAA

Under Armour has updated its Fiscal Year 2025 restructuring plan, increasing expected pre-tax restructuring charges to $140-$160 million, largely due to exiting a distribution facility in Rialto, California. The company has already incurred $34 million in charges as of June 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 9:18 pm

FFWM

First Foundation has appointed Simone Lagomarsino as its new President. This leadership change could influence the company's strategic direction and operations.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:21 pm

GS

Goldman Sachs CEO David Solomon announced that the company is continuing to narrow its focus on consumer operations. This strategic shift is part of Goldman Sachs' ongoing efforts to streamline its business and concentrate on areas with higher growth potential.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:19 pm

ACHR

Archer Aviation's CFO, Mark Mesler, is on temporary medical leave, with Priya Gupta stepping in as acting CFO. A court ruling resolved a warrant dispute with Wisk Aero, allowing immediate exercise of second tranche shares and ordering Archer to pay Wisk $11,912.53 in prejudgment interest daily.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:15 pm

IZEA

IZEA Worldwide has appointed Patrick Venetucci as its new CEO. This leadership change could influence the company's strategic direction and operational focus.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:14 pm

NSC

Norfolk Southern shares are experiencing an uptick as reports indicate CEO Alan Shaw is stepping down amid a board investigation.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 7:54 pm

NSC

Norfolk Southern's CEO, Alan Shaw, is expected to step down amid a board investigation, according to sources. This development could impact the company's leadership and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 7:37 pm