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Corporate Responsibility

PRQR

ProQR Therapeutics successfully defended a key patent for its Axiomer RNA editing platform against an opposition filed with the European Patent Office. The patent, part of ProQR's intellectual property for Axiomer, relates to editing oligonucleotides with chemical modifications to increase stability and recruit ADAR for editing target adenosine. The EPO's decision maintains ProQR's strong IP position on its proprietary ADAR mediated RNA editing technology.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:06 am

DB

Deutsche Bank has reportedly made significant job cuts in its Asia private banking sector as part of an overhaul. This move is part of a broader strategy to restructure its operations in the region.

Portfolio Pulse from Charles Gross

April 19, 2024 | 10:47 am

ALVO

TEVA

Alvotech has signed a long-term agreement with a strategic partner to enhance access to Adalimumab-ryvk in the US market, supporting its financial guidance. The partnership with Teva Pharmaceuticals for commercializing Adalimumab-ryvk under the SIMLANDI brand in the US remains unchanged.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 10:11 am

BZUN

Baozun's 2023 Chairman Letter expresses cautious optimism for 2024, indicating a strategic approach to navigating potential challenges and leveraging opportunities.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 10:08 am

FREY

FREYR Battery announced the addition of Todd Kantor, Tore Ivar Slettemoen, and David Manners to its Board. Concurrently, Jason Forcier and Mimi Berdal resigned as Board directors effective immediately, after stating they would not stand for re-election in April 2024.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 10:06 am

BA

Boeing Co. (NYSE:BA) faces 32 whistleblower complaints over three years, with allegations including employer retaliation, fraud, and safety concerns. The Occupational Safety and Health Administration (OSHA) is investigating, with five cases still pending. Complaints cover aviation safety, workplace safety, fraud, and toxic chemicals control. Boeing emphasizes its commitment to safety and non-retaliation, highlighting its Go4Zero safety initiative's success in reducing workplace injuries.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 10:01 am

LIFW

LifeWallet has reached a settlement with 10 affiliated property and casualty insurers, expanding its claims processing capabilities across 15 states. This agreement marks a significant step in LifeWallet's growth and expansion strategy, potentially increasing its market share and operational efficiency in the insurance sector.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:44 am

SQ

TSLA

Jack Dorsey, CEO of Block Inc, responded to Elon Musk's tweet advocating for peace and space exploration amid the Israel-Iran conflict. Musk's tweet was a call to focus on space exploration instead of conflict, to which Dorsey replied with 'only'. The exchange highlights a broader conversation on global tensions, which have impacted financial markets, with stock futures falling, and oil and gold prices rising.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 5:18 am

TSLA

Elon Musk, CEO of Tesla Inc, commented on the recent Israeli airstrike on Iran, highlighting the irony of U.S. tax dollars being used against U.S.-supplied equipment. The airstrike targeted Iran's 8th Tactical Airbase, escalating tensions between Iran and Israel. Musk's remarks on X (formerly Twitter) reflect on the broader geopolitical conflict and its implications.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 2:54 am

AA

FMST

NEM

NUE

SCCO

Alcoa Corp reported Q1 losses but exceeded revenue expectations with alumina segment growth and stable aluminum production. Newmont Corporation highlighted 20 years of sustainability efforts, showing progress in safety, inclusivity, and environmental impact. Foremost Lithium announced participation in the Planet MicroCap Showcase, indicating potential investor engagement. Nucor Corp appointed a new EVP of Talent and HR, signaling a focus on talent development. Scotiabank raised its price target for Southern Copper, reflecting a positive outlook.

Portfolio Pulse from austin@walkonholdings.com

April 18, 2024 | 9:38 pm