Streetbeat News

Corporate Responsibility

NEPT

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) has appointed Stifel Nicolaus Canada Inc. as the exclusive financial advisor for its organic baby food and toddler brand, Sprout Organics. Stifel will provide financial advisory, investment banking services, and strategic advice for reviewing divestiture alternatives for Sprout Organics. Initially, Neptune had plans for a spinoff of Sprout Organics, but is now considering different strategies with Stifel's guidance to maximize shareholder value. Neptune is committed to keeping stakeholders informed throughout the process.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:08 pm

APEI

Graduate School USA (GSUSA) has been chosen for a pilot initiative aimed at training and upskilling financial managers across federal agencies. GSUSA provides over 200 courses designed to assist in the career development of 140,000 federal employees.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:05 pm

EQIX

Equinix, Inc. (NASDAQ:EQIX) has launched a fully managed private cloud service featuring NVIDIA DGX AI supercomputing infrastructure. This service is designed to help enterprises build and manage custom generative AI models. It includes NVIDIA's systems, networking, and AI Enterprise software platform, and is available in Equinix's IBX data centers globally. The service targets industries like biopharma, financial services, and retail, aiming to accelerate innovation and AI application development while ensuring data security and compliance.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 2:02 pm

ONDS

Ondas Holdings announced the re-appointment of Yishay Curelaru as CFO effective immediately, replacing Eric Brock who resigned from the interim CFO position on January 22, 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:55 pm

V

Visa has announced a partnership with Red Bull Formula One teams, leading to a new team name, Visa Cash App RB Formula One Team. Visa becomes the first global partner, with its logo featured on both cars. The partnership also includes supporting an F1 Academy team to promote equality in sport.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:53 pm

ELV

During a conference call, an executive from Elevance Health expressed anticipation for stronger membership growth in the current year.

Portfolio Pulse from Charles Gross

January 24, 2024 | 1:48 pm

SLNH

Soluna Holdings, Inc. (NASDAQ:SLNH) has reduced its convertible debt by over $4M and plans a capital raise for a new AI venture. The company has made progress on its green data center projects, including Project Dorothy and Project Kati, and has signed a new 8.8 MW customer for Project Sophie. Soluna's data centers have been found to have an 18% lower carbon footprint than traditional data centers. Operational metrics and project updates were provided, with a focus on installed hashrate, power capacity, and energy consumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:29 pm

CBRL

LEG

WHR

The article highlights three consumer discretionary stocks with high dividend yields, as rated by Wall Street's most accurate analysts according to Benzinga's Analyst Stock Ratings. Leggett & Platt (LEG) has a dividend yield of 7.75% but faces a restructuring plan and workforce reduction. Cracker Barrel (CBRL) offers a 6.89% yield but reported worse-than-expected Q1 results. Whirlpool (WHR) has a 6.27% yield and plans to sell part of its stake in Whirlpool India in 2024.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 1:29 pm

AAPL

META

SPOT

Spotify will introduce in-app purchases for audiobooks and subscription plans on iPhones in Europe starting March, leveraging the new Digital Markets Act (DMA) to avoid Apple's 30% App Store fee. This move comes after a prolonged legal battle with Apple over its App Store policies. Apple is challenging the DMA and facing a separate $1 billion lawsuit from app developers. Meta Platforms has criticized Apple's App Store policies, advocating for more competition and distribution options for developers.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:24 pm

MRDB

MariaDB plc (NYSE:MRDB) has completed the spinoff of its geospatial business to CubeWerx, an independent company specializing in geospatial products and services. This move allows MariaDB to concentrate on its core product, the MariaDB Enterprise Server, while CubeWerx takes over the geospatial solution.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:18 pm