Streetbeat News

Labor Issues

AON

The Q1 2025 Insurance Labor Market Study indicates ongoing stability in the insurance sector, with steady revenue and hiring projections for the next year.

Portfolio Pulse from

March 04, 2025 | 10:15 pm

NTLA

Intellia Therapeutics announced inducement grants to eleven new employees under its 2024 Inducement Plan, in accordance with Nasdaq Listing Rule 5635(c)(4).

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March 04, 2025 | 9:15 pm

LUV

Southwest Airlines is closing crew bases in Fort Lauderdale, Florida, and Austin, Texas, as part of a cost-cutting strategy. The airline is also reducing unprofitable flights and crew numbers in certain cities.

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March 04, 2025 | 6:00 pm

PLUG

Plug Power has announced a new restructuring plan to improve its financial condition, which includes job cuts. The company's shares have recently pulled back from six-year lows.

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March 04, 2025 | 4:00 pm

FLYW

Levi & Korsinsky has initiated an investigation into Flywire Corporation for potential federal securities law violations. Flywire reported a Q4 2024 net loss of $15.9 million, missed estimates, and announced a 10% workforce reduction.

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March 04, 2025 | 3:45 pm

BLMN

Bloomin' Brands' recent 4Q24 results show declining revenue and traffic, with contracting margins. Despite new management's positive changes, more evidence of recovery is needed. Rising costs and competitor growth add uncertainty.

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March 04, 2025 | 2:30 pm

BA

Boeing has overcome significant challenges in 2024, including quality control issues, PR problems, and a major union strike. The resolution of the strike has allowed Boeing to resume full operations in 2025, potentially giving it an edge over Airbus.

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March 04, 2025 | 12:45 pm

MBGAF

Mercedes-Benz has reached an agreement with its works council to implement a cost-cutting program that includes offering buy-outs to staff, as reported by Wirtschaftswoche.

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March 04, 2025 | 7:30 am

TSLA

The American Federation of Teachers (AFT) is urging asset management firms to reassess Tesla's valuation due to concerns about teacher pension funds heavily invested in the company. AFT President Randi Weingarten highlights the importance of responsible investment management.

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March 04, 2025 | 1:45 am

XEL

Xcel Energy Inc. announced the retirement of its COO, Timothy O'Connor, effective this summer. Scott Sharp will be appointed as the new executive vice president, chief generation officer, effective May 1.

Portfolio Pulse from

March 03, 2025 | 9:30 pm