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Cannabis Movers & Shakers: Next Green, Cannabis Control Commission, Willow, TruTrace, HEXO, Bengal Capital, MediPharm Labs, NIHC
2021 Jan 15, 10:57am | 1222Read More...Here is a summary of the latest leadership changes within the cannabis industry. Next Green Wave Announces Management Promotions Next Green Wave Holdings Inc. (CSE: NGW) (OTCQX: NXGWF) reported management shake-ups alongside its fourth-quarter financial results. The Vancouver-based company...
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PreMarket Prep Stock Of The Day: Intel
2021 Jan 13, 1:56pm | 709Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given day,...
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Intel Shares Hit 6-Month High As Chipmaker Replaces CEO Bob Swan With VMware's Gelsinger
2021 Jan 13, 10:50am | 539Read More...Intel Corporation (NASDAQ: INTC) shares are soaring to their highest level since late July Wednesday following the company's announcement of a transition in the C-suite. What Happened: Intel said CEO Robert Swan will leave Feb. 15, with VMware, Inc. (NYSE: VMW) CEO Pat...
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Albertsons CEO: Changing Consumer Habits Are Positive For Grocer
2021 Jan 12, 4:39pm | 357Read More...Consumers are spending more time working and eating from home during the COVID-19 pandemic, and these shifts in habits are here to stay, Albertsons Companies Inc. (NYSE: ACI) CEO Vivek Sankaran said on CNBC's "Squawk on the Street" hours after the company reported third-...
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GameStop Shares Rally On Holiday Sales, Board Reshuffle
2021 Jan 11, 4:47pm | 380Read More...Gaming retailer GameStop Corp. (NYSE: GME) saw a rally Monday on its holiday sales and changes to the Board of Directors. Holiday Sales: The nine-week holiday season saw revenue of $1.77 billion for GameStop, down 3.1% year-over-year. Same-store sales were up 4.8% over the nine-week period coming...
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ArcBest Says LTL Head Tim Thorne Will Retire In June
2021 Jan 11, 12:19pm | 541Read More...Logistics provider ArcBest Corp. (NASDAQ: ARCB) announced Monday that Tim Thorne, president of its less-than-truckload carrier, ABF Freight, will retire at the end of June. The division's current VP of linehaul operations, Seth Runser, will succeed Thorne in the role. Runser has been promoted to...
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LVMH Acquires Tiffany in $15.8B Deal, Reshuffles Management
2021 Jan 07, 12:57pm | 220Read More...LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) shares were trading higher Thursday after the company announced it had completed its acquisition of Tiffany & Co (NYSE: TIF). The deal makes this the largest acquisition ever in the luxury sector and is estimated to be worth $15.8 billion, according...
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Elon Musk Just $3B Away From Claiming Jeff Bezos's Spot As World's Richest
2021 Jan 07, 5:14am | 404Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is close to snagging the title of the world’s richest person from Amazon.com Inc (NASDAQ: AMZN) CEO Jeff Bezos, as per Bloomberg Billionaire’s Index. What Happened: The automotive and space entrepreneur is just $3 billion short of beating Bezos to...
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E-Commerce Or Brick-And-Mortar? Real Estate Leader Says Both
2021 Jan 06, 1:18pm | 811Read More...At the start of 2010, e-commerce accounted for just 4.2% of total retail purchases in the U.S according to the Federal Reserve. By the end of 2019, that figure had risen to 11.3%. Then, the pandemic forced brick-and-mortar retailers to close, causing e-commerce traffic to skyrocket to all-time...
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Nikola Adds Crisis-tested Directors To Regain Credibility
2021 Jan 06, 10:53am | 1089Read More...A series of embarrassing setbacks, including allegations of fraud and deception by its founder, brought electric truck startup Nikola Corp. (NASDAQ: NKLA) crashing to Earth following a stratospheric beginning as a public company. With Trevor Milton, the high-profile ringmaster of company hype out...
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A Specialty Consolidator: Biopharma Aytu Looks To Acquisitions And Licensing To Propel Growth Through 2021
2021 Jan 06, 7:58am | 1941Read More...The following article is sponsored by the clinical communications unit of Redington, Inc. The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only. Last year was an eventful one...
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Apple Says Compliance With Company 'Values' Will Impact Executive Cash Bonuses Starting 2021
2021 Jan 05, 10:03pm | 395Read More...Apple Inc (NASDAQ: AAPL) informed the U.S. Securities and Exchange Commission in a proxy filing on Tuesday that, starting 2021, it will modify cash incentive for executives to incorporate “Apple values” and community initiatives. What Happened: Apple said that the values span...
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Shake-up At Daseke Will Bring New CEO, Board Changes
2021 Jan 05, 2:15pm | 1109Read More...Flatbed truckload company Daseke (NASDAQ: DSKE) announced several changes Tuesday, including its CEO's resignation, changes to the board and an in-line financial update. CEO who led the corporate turnaround resigns The press release said CEO Chris Easter retired Dec. 31 to attend to family...
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Qualcomm CEO Steve Mollenkopf To Retire: What Investors Should Know
2021 Jan 05, 9:25am | 366Read More...Wireless technology company Qualcomm announced a change in leadership Tuesday morning. What Happened: Steve Mollenkopf announced he is stepping down as the CEO of Qualcomm Inc (NASDAQ: QCOM). Mollenkopf has been with Qualcomm for over 26 years. He will continue to serve as a strategic advisor for a...
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$90M Activist Investment Seeks Changes At Forward Air
2021 Jan 04, 5:29pm | 1236Read More...A group of investors is looking to shake things up at expedited trucking company Forward Air (NASDAQ: FWRD), according to filings with the U.S. Securities and Exchange Commission. Cleveland-based Ancora Advisors has taken on an activist role alongside former Forward founder Scott Niswonger and...
