Streetbeat News

Corporate Responsibility

FNMA

Fannie Mae has appointed Scott D. Stowell, a former homebuilding industry executive, to its Board of Directors. This move could influence the company's strategic direction and governance.

Portfolio Pulse from

November 07, 2024 | 9:30 pm

TYRA

Tyra Biosciences reported positive interim clinical results for TYRA-300 in mUC and cleared IND for a Phase 2 study in pediatric achondroplasia. The company also appointed a new Chief Medical Officer and reported $360.1 million in cash and equivalents.

Portfolio Pulse from

November 07, 2024 | 9:15 pm

REZI

Resideo Technologies has announced a CEO succession plan. Jay Geldmacher will retire as President, CEO, and Board member in 2025. Andrew C. Teich, the current Vice-Chair, will become the Chairman of the Board.

Portfolio Pulse from

November 07, 2024 | 9:15 pm

TPIC

Jennifer Lowry will join the board of directors of TPI Composites, Inc., effective November 13, 2024, and will serve on the Audit Committee. She brings extensive finance experience in the electric power industry.

Portfolio Pulse from

November 07, 2024 | 9:15 pm

GPRO

GoPro reported its third-quarter results with a revenue of $259 million and a 2% increase in subscribers to 2.56 million. Subscription and service revenue rose by 11% year-over-year to $27.5 million. The company also announced a restructuring plan to reduce operating expenses.

Portfolio Pulse from

November 07, 2024 | 9:15 pm

GS

Goldman Sachs has added the most partners to its ranks since 2006, amid increased dealmaking activity that has boosted profits at its headquarters.

Portfolio Pulse from

November 07, 2024 | 8:45 pm

CVS

CVS Health's stock rose over 11% after a revenue beat and the appointment of new CEO David Joyner. The political shift with Trump and GOP gains is seen as favorable for CVS and Medicare Advantage stocks. However, CVS faces challenges like high medical costs and restructuring charges.

Portfolio Pulse from

November 07, 2024 | 8:00 pm

KEY

KeyCorp has canceled its presentation at the BancAnalysts Association of Boston Conference due to a contagious illness affecting the presenter.

Portfolio Pulse from

November 07, 2024 | 7:15 pm

KR

Baron & Budd has finalized a $1.37 billion settlement with Kroger to resolve allegations related to the opioid epidemic. The settlement will be distributed to various governmental and tribal entities.

Portfolio Pulse from

November 07, 2024 | 7:00 pm