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Legal

AAPL

Donald Trump discussed with Apple CEO Tim Cook about the EU's financial penalties on Apple, totaling $17 billion. Trump expressed his intent to protect US companies from such fines if elected.

Portfolio Pulse from Ananya Gairola

October 18, 2024 | 2:28 am

CSX

CSX Corporation has received a subpoena from the SEC regarding an accounting restatement disclosed in its second-quarter earnings report. The company is also responding to SEC inquiries about its non-financial performance metrics.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 6:16 pm

DE

The Federal Trade Commission (FTC) is investigating Deere & Company in an antitrust and consumer protection inquiry. This investigation could have implications for Deere's business practices and market position.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:54 pm

DIS

The FCC has proposed the statutory maximum penalty against ESPN for violations of the Emergency Alert System (EAS) rules. This action highlights regulatory scrutiny on media companies regarding compliance with EAS regulations.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:46 pm

MRNA

Moderna's shares are declining following a patent infringement lawsuit filed by Northwestern University.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:09 pm

FOLD

TEVA

Amicus Therapeutics has settled a patent lawsuit with Teva Pharmaceuticals over a generic version of its drug Galafold. The agreement allows Teva to market the generic version in the US starting January 30, 2037, pending FDA approval. The litigation between the two companies will be terminated.

Portfolio Pulse from Vandana Singh

October 17, 2024 | 3:07 pm

GL

Globe Life Inc. reported an extortion attempt involving customer data from its subsidiary, American Income Life Insurance, affecting 5,000 individuals. The company is investigating with no material impact on operations.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 2:36 pm

FOLD

Amicus Therapeutics shares rose following a license agreement with Teva and the resolution of Galafold patent litigation.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 2:09 pm

BNTX

GSK

MRNA

PFE

Northwestern University has filed a patent infringement lawsuit against Moderna, alleging unauthorized use of its lipid nanoparticle technology in Moderna's COVID-19 vaccines. This legal action adds to Moderna's ongoing patent disputes, including a recent lawsuit from GSK. Moderna's stock has seen a slight decline following these developments.

Portfolio Pulse from Vandana Singh

October 17, 2024 | 1:51 pm

BRKR

TXG

The European Unified Patent Court ruled in favor of Bruker and NanoString, invalidating a patent asserted by 10x Genomics against NanoString's CosMx SMI products. This decision follows a similar ruling by the German Federal Patent Court.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 12:59 pm