Streetbeat News

Corporate Responsibility

BA

Boeing is implementing a comprehensive plan to safely return its airplanes to service and enhance quality and delivery performance, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 3:04 pm

STLA

Stellantis CEO has expressed the company's potential to lead the global commercial vehicle market by 2030. The company has been in discussions with the Italian government for nine months, seeking support for EV sales via incentives and protection for the Mirafiori plant.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 3:03 pm

BA

GE

General Electric CEO Larry Culp emphasized the importance of Boeing as a customer and partner, and highlighted safety as a priority and responsibility for the entire industry.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:47 pm

BA

GE

General Electric CEO Larry Culp commented on Boeing's commitment to work with the FAA and NTSB in the investigation of the 737 Max 9 incident. He noted that it is still too early in the investigation to understand the full scope of the issue.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:46 pm

BA

GE

General Electric CEO Larry Culp expressed confidence in Boeing's leadership, stating frequent communication with Boeing CEO Dave Calhoun on various issues.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:45 pm

NVEE

Nuvve Corporation has been awarded a $16 million project by the Fresno Economic Opportunities Commission (EOC) to electrify its 50-shuttle fleet with vehicle-to-grid capabilities. This initiative is part of Fresno EOC's efforts to promote cleaner transportation and environmental sustainability in the community.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:31 pm

AGRX

The Biden-Harris Administration has released new guidance to expand access to FDA-approved contraceptives without cost, potentially benefiting 49 million women. Agile Therapeutics, Inc. (NASDAQ:AGRX) commends this move, which aligns with President Biden's June 2023 Executive Order. The guidance aims to eliminate financial barriers to contraceptives, including Agile's product Twirla. The company anticipates working with patients and providers to promote Twirla as a low dose patch contraceptive option.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:30 pm

SYT

SYLA Technologies Co., Ltd. (NASDAQ:SYT) has entered into a Capital and Business Alliance Agreement with RIBERESUTE CORPORATION, a Japan-based developer and seller of family-type condominiums. SYLA acquired 20.39% of RIBERESUTE's shares, enhancing both companies' real estate market presence and aiming to contribute to solving social issues through their combined resources. The alliance includes various strategies such as product complementarity, geographic expansion, and digital transformation.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:13 pm

CBAN

Colony Bankcorp, Inc. has promoted Derek Shelnutt to the position of Executive Vice President and Chief Financial Officer. This change in executive leadership could signal a strategic shift or a continuation of the company's current financial policies.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:08 pm

PLUG

Plug Power Inc. has commenced operations at its new liquid green hydrogen production facility in Georgia, which is the largest of its kind in the U.S. The plant, powered by eight 5MW PEM electrolyzers, can produce 15 TPD of liquid hydrogen, sufficient to fuel around 15,000 forklifts daily. This development is expected to enhance Plug's bottom line and fuel margin expansion. The plant's strategic location near major interstates facilitates easy distribution to customers across the U.S. Plug's CEO, Andy Marsh, highlighted the plant's significance in advancing the hydrogen ecosystem and meeting customer demand for decarbonization. The company has outpaced industry standards by completing the plant in 18 months and is working on additional plants in Louisiana, New York, and Texas.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 2:08 pm